Silver Mining News

Juniors struggle to compete with majors in exploration — Chile’s Mining Society

One of the main problems, says the head of Chile’s Mining Society, Diego Hernández, is miners have no incentives to do anything with the assets they already own and is very cheap to keep them.

Dominican province demands 5% of Barrick’s royalty payments

Residents say the federal government is not fulfilling its commitment to the city.

Canadian miner sells cobalt assets in Ontario

The claims are located in the Cobalt-Gowganda mining district.

New silver bull coming

Silver is extremely undervalued relative to gold, while speculators’ silver-futures positions are extraordinarily bearish.

Silver and copper might help your clothes monitor you

Silver-coated copper nanowires could be used to embed fitness trackers and health monitors into shirts.

Teck ups stake in Chile Quebrada Blanca copper mine in $162.5m deal

Company now owns 90% of Compañía Minera Teck Quebrada Blanca, which main asset is the namesake copper project in Northern Chile.

Eldorado scores key win in row with Greece over projects

Ruling rejects the Greek State's motion that Eldorado's technical study for a metallurgy plant in the country’s Stratoni Valley, was in breach of any agreements between the parts.

British miner about to start pouring silver in Russia

Silver Bear's first silver production should be expected early in the second quarter of 2018.

CHARTS: Mining rally running out of steam as copper price weighs

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

Inomin acquires multi-mineral property in British Columbia

The 420-hectare property is located in the New Westminster Mining Division of southwestern British Columbia.

Silver miners’ Q4’17 fundamentals

With gold out of favor, silver and its miners have largely been left for dead and forgotten.

Codelco CEO to stay on after Chile’s new Gov’t reshuffles management

Nelson Pizarro, who took the post in 2014, has played a critical role in the drive to reduce spending and force a reduction in costs, while kicking off a major overhaul of Codelco’s aging mines to deal with dwindling ore grades.

Mongolia arrests ex-minister in Swiss graft probe — govt

A Mongolian former finance minister, Bayartsogt Sangajav, has been arrested as part of an investigation into suspected abuse of power during investment talks for the giant Oyu Tolgoi copper mine in 2009.

East Africa Metals and Luck Winner fail to agree on Ethiopian projects financing

“Despite the best efforts of both parties, negotiations failed to define a viable transaction," management said in a media statement.

Calls for gold exploration on Warwick Mountain delayed

The 30,000-hectare terrain between Earltown, Tatamagouche and Wentworth is considered to have potential for the development of multiple gold mines.

Grizzly wants to buy Robocop

Robocop is comprised of five mineral claims totalling 9,891 acres north of the Canada-US border.

Kinross closer to making decision on reopening gold mine in Chile

Operations at La Coipa mine, located in in northern Chile, were halted in 2013, when the targeted orebody run out of riches.

Aura Minerals wants to reactivate projects under care and maintenance

The miner is working towards reactivating its Aranzazu and São Francisco gold projects in Mexico and Brazil, respectively.

Lundin closes $400-million financing to complete Ecuador gold project

Lundin has been developing Fruta del Norte for over a year, following an agreement with Ecuador’s government allowing the miner to move ahead with the gold project, the country's biggest.

Hecla Mining sues Montana after told to clean up before starting new projects

The state’s "bad actor" law has only been used once before, and Hecla’s president and chief executive officer, Phillips Baker is the first top executive at a large company to be scrutinized under it.

SolGold on a roll, confirms major copper-gold target at Ecuador project

Results from 11 of the 12 drilling rigs at its 85%-owned Cascabel copper-gold project, suggest there is much more intense mineralization in the property than thought earlier, the company said.

Mexican environment officials visit mine following cyanide spill

Some 200 litres of cyanide solution were released into the environment.

Condor Gold raises £2.5 million as 2017 loss narrows

The Nicaragua-focused miner has not generated any revenue in the past two years, but narrowed pre-tax loss to £3 million in 2017 from £7.7 million a year earlier.

Goldman Sachs no longer one of top three commodities banks

Last year Goldman's commodities business posted one of its worst results on record.

Workers at Idaho’s Lucky Friday mine have been on strike for 370 days

Workers marched on Saturday in Mullan, Idaho, to commemorate the one-year anniversary of the strike.