Adjusted loss was $17.7 million, which dramatically contrast with the $18.4 million profit logged a year ago, which reflects the impact of the ongoing shutdown of its flagship Escobal silver mine, in Guatemala.
Silver Mining News
Move would add further costs to an ongoing $5.3 billion underground expansion of the massive mine.
The CEO of Mandalay dubbed 2017 as a challenging year for his company.
That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year.
Winning bidder for Michiquillay project says production will start in 2025 to become one of the largest mines in the world's number two producing country.
Hochschild Mining Plc expects production to grow slightly this year as it ramps up output at the Pablo vein at its Pallancata mine in Peru
The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.
New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."
Mitsui’s investments in Chile’s copper industry date back to the 1990s and it now has minority interests in a number of the country’s leading mines.
With the acquisition of Capstone's Minto mine, Pembridge Resources is set to become a cash flow generating copper producer.
Artisanal and Small-Scale Mining (ASM) has become a major of revenue for millions of people in about 80 countries worldwide, with more than 100 million people currently depending on the activity for their livelihoods. But at what costs?
The firm, North America's No.1 producer of coking coal, said the boost in profit was mainly thanks to the reversal of an impairment charge related to an improvement in the outlook for steelmaking commodity.
President’s move to allow open pit mining in provinces until now opposed to it is part of a broader plan to double foreign investment to $25 billion in eight years.
Seabridge Gold has bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.
Rio Tinto had already earned a 75% interest in the C-4-5-6 property, and it was expected to exercise its option to acquire full interest by 2019.
The Toronto-based miner is carrying out a comprehensive environmental remediation program at its Iskut project.
Although a final production decision has not been made, Canada's Alexco Resource Corp. is preparing to resume mining of silver and related minerals late this year in the Yukon's Keno Hill Silver District.
Canada’s Northern Vertex Mining is ramping up production at its Moss gold-silver project towards an initial stacking rate of 2,500 tpd, to later reach 5,000 tpd.
New report shows private equity investment in mining jumped to $2.3 billion last year, with the bulk going into copper and battery metals.
Peru will strengthen position in top five gold and silver producing countries in the world if it makes most of the reserves of these two metals.
Bankers, brokers, refiners and researchers in the London Bullion Market Association's 2018 survey sees gold as high as $1,510 and as low as $1,120 an ounce.
Mining and metal companies are rediscovering the downside of rallying prices: higher costs.
Dutch non-profit organization claims Rio and its Canadian subsidiary Turquoise Hill used a complex network of tax haven subsidiaries and lending money to itself at high interest rates.
Egypt-focused gold miner is paying a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.
Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.