Silver Mining News

Prospero begins drilling at Buenavista silver-gold project in Mexico

This is the fourth project to be drilled under the terms of a second round of strategic investment from Fortuna Silver Mines, announced in early May.

Electric vehicles on the road to triple by 2020 — IEA

The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.

Here’s what miners are getting wrong when it comes to digital transformation

While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.

Mexico violence hits Canadian silver miner's operations

Pan American Silver Corp became the latest company to curtail operations in Mexico due to rising violence and crime.

Early stage projects are located in mining-friendly jurisdictions

Worldwide there are over 30,000 exploration projects.

China metals companies trade on Shanghai exchange's new platform

It will expand to include more commodities, including zinc, lead, nickel, tin and silver, in the next step.

Canadian junior Millbrook aims to lead Cuba's mining pack

In late April, Millbrook Minerals became the first copper-zinc explorer to sign an International Economic Association (IEA) contract with Cuba's GeoMinera, becoming the first Canadian firm to sign a deal with the Island since the mid 90’s.

Gold mine in Oregon “worth building”

The Grassy Mountain Gold project is expected to produce 47,000 ounces of gold and 50,000 ounces of silver for 7.25 years.

Pebble developer craters after copper giant pulls out

Northern Dynasty stock drops 32% after pact with First Quantum to build giant Alaska copper-gold mine collapses.

MCX launches India's first silver options

India is the world's biggest consumer of silver, which is mainly used for jewellery making in the country.

Anglo Asian copper, gold, silver miner moots maiden dividend

Anglo Asian Mining said on Thursday it was considering paying its first dividend now that it had reported a profit, cut debt and built up cash.

Fireweed files a PEA with a pre-tax IRR of 32%

The pre-production capital expenditure is $404M, which includes $105 million of capital cost required to upgrade the government-owned North Canol Road.

Poland's KGHM plans domestic investment of more than $3 bln by 2022

The company also said it plans to reduce investment in oversees assets and focus on domestic operations.

Blockchain will completely revolutionize how we mine gold and precious metals

Tracking metals across the supply chain has become increasingly important to businesses and consumers - with blockchain, there’s no hiding anything.

Eldorado to soon obtain permit for processing plant in Greece, minister hints

The country’s energy ministry said he aimed to address the company's development plans in the coming weeks and according to a recent arbitration, which favoured Eldorado.

Rio Tinto says investors to take stance on Oyu Tolgoi as ‘test case’

Rio Tinto has called for less interference at its giant copper and gold mine in Mongolia, as it moves forward with an underground expansion.

How to lead digital transformation

"You're starting to see AI being used in some quite interesting ways within processing."

Young Australians oblivious to mining

Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.

Yamana begins gold and silver production at Cerro Moro mine in Argentina

Commercial production is expected in the second quarter of the year.

LBMA suspends Russian precious metals refinery from 'good delivery' lists

The London Bullion Market Association has suspended the Ekaterinburg Non-Ferrous Metals Processing Plant from its gold and silver good delivery lists due to "ownership related issues".

Polish miner KGHM's first-quarter profit down 38 pct on sales decline

Net profit for the first three months of the year stood at 439 million zlotys ($121.08 million), compared with the 453 million zlotys expected by analysts.

Rio Tinto says climbing costs, resource nationalism once again big threats

Chief executive Jean Sebastien-Jacques said the challenge for the industry is to ensure the benefits from the past frugal years are not lost against a backdrop of rising oil prices and increased political risk.

IDM Mining expects environmental permits for Red Mountain by Sept.

The company expects both the province and the federal government environmental decisions on the gold-silver project to be issued in the third quarter of the year.

Canadian company to reopen gold mine in Spain

Orvana Minerals’ subsidiary in Spain has plans to reopen the Carlés gold mine, located in the Salas municipality of the Principality of Asturias.

Canadian junior to acquire gold-silver project in Mexico

Megastar Development wants to buy the Rama de Oro project located in the state of Oaxaca.