October 2, 2013

Hochschild Mining becomes sole owner of two Peruvian silver mines

The deal gives Hochschild Mining full control of two precious metals projects in Peru.

October 2, 2013

Newmont eyeing Glencore Xstrata’s mine in Peru

Although not official, CEO Gary Goldberg did say last week he was open to new deals and adding more copper production.

September 30, 2013

Chinese miners face off over Glencore Xstrata’s vast copper mine in Peru

If any of the two bids is successful, Las Bambas will be China’s largest acquisition of an overseas copper asset.

September 30, 2013

39% of Canada’s mining executives will retire within 5 years

And only 22% of companies have any sort of succession plan in place.

September 30, 2013

Mexico proposed 7.5% mining tax scares away investors, kills juniors

While it may not be a major challenge for mid-tier miners with established operations, it would be "prohibitive" for smaller players, analysts say.

September 30, 2013

The Glencore giant isn’t coming for us: OZ Minerals

UK media suggested this weekend that Glencore had quietly built a 10% stake in OZ and was considering a bid.

September 29, 2013

Regulation shakes up London Bullion Market Association

Says it might start charging member banks more or even dissolving the Gold Forward Offered Rates (GOFO).

September 29, 2013

The bottoming process for precious metals

The bad news is we are already five months into this bottoming process and it can continue for several more months.

September 29, 2013

Silver worth £150m recovered from sunken WWII ship

100 tonnes of silver from three miles deep.

September 28, 2013

James Rickards: ‘When the international monetary system collapses—it’s going to be about how much gold you have’

When the financial wars intensify, 'Russia and China [may] acquire massive amounts of gold and then ultimately announce a new gold backed currency.