Bolivian officials says President Evo Morales will announce on May 1 that he is dismantling Bolivian mining's "privatization model" and will nationalize former state-owned mines.
Coeur d'Alene Mines announced Thursday that it has received assurances from the Morales Administration that its San Bartolomé silver mine is not targeted for any proposed mining nationalization in Bolivia.
The shares in some North American silver miners fell sharply on Thursday after Bolivia's leftist government said it might rescind concessions on four mines in the country run by Glencore International Ltd [GLEN.UL] affiliates and Canada's Pan American Silver Corp (PAA.TO: Quote)(PAAS.O: Quote).
After years of frustration, Greystar Resources shareholders successfully campaigned to dump CEO Steve Kesler and the board of directors in the aftermath of continued delays in its Angostura gold-silver project in Colombia.
Greystar (TSX, AIM: GSL) has been working on the development of Angostura for 15 years, investing C$153 million thus far in the US$1 billion project.
Fresnillo Plc (FRES.L: Quote), the world's largest primary silver producer, said silver output declined in the first quarter, although gold production rose to a record.
The Mexican precious metals miner (FRES.MX: Quote) said silver production fell 2.2 percent to 10.1 million ounces, including output from the Silverstream agreement, on lower ore grades at the Fresnillo mine.
Crown Solutions, a Veolia Water Solutions & Technologies company, is to supply the initial equipment for a new Water Treatment Plant (WTP) to Coeur […]
Vancouver-based Mercator Minerals has acquired Creston Moly Corp. in a stock and cash deal amounting to C$195 million, Mercator announced Tuesday in a press release.
Under the arrangement, Creston shareholders will receive 0.15 of a Mercator common share and $0.08 in cash, for each common share of Creston — representing a respective 43% and 40% premium on the companies' share prices as of market close on Friday.
The Peruvian government has cancelled a billion-dollar copper mining project near Arequipa, Peru, after clashes between police and protesters left three dead […]
As the extent and depth of its low-grade gold project Cerro Maricunga grows, so follows Atacama Pacific Gold's (TSX-V: ATM) shareprice.
Since the start of the year the latter has climbed from around $3 a share to just over $5 as Atacama released a slew of drill intercepts outlining three, semi-contiguous areas of gold mineralization at Cerro Maricunga, 100-km northeast of Copiapo, Chile
Brazil's Vale (VALE5.SA: Quote), the world's largest producer of iron ore, has made an offer to acquire South African miner Metorex Ltd (MTXJ.J: Quote) for 7.5 billion rand ($1.13 billion), the two companies said on Friday.
"Under the terms of the offer, if implemented, the Metorex shareholders will receive a cash consideration of 7.35 rand per share," the companies said in a joint statement.