Fortuna Silver Mines logo Scotiabank downgraded shares of Fortuna Silver Mines (NYSE:FSM) from an outperform rating to a sector perform rating in a research note released on Wednesday morning, TheFlyOnTheWall.com reports. FSM has been the subject …

Colombian Mines Corporation ("Colombian Mines" or the "Company") is pleased to announce results of recent reconnaissance samples assaying from 935 to 1,120 grams silver per metric tonne (g/T Ag), 3.88 to 9.54% copper (Cu) and 0.992 to 1.258 grams …

"The term loan allows for prepayment of principal and provides us the flexibility to reduce debt and strengthen the balance sheet," said Laurie Brias, CFO at Newmont, the biggest US gold miner. Shares in Newmont are down 44% in the past year, hurt by a …

The increase in membership of the Association of Mineworkers and Construction Union (“AMCU”) in the Gold mining sector and the resultant competition between it and the National Union of Mineworkers (“NUM”) has resulted in an interesting and potentially …

MANILA – Regulators have allowed Apex Mining Co Inc to resume operations in the Maco gold-silver mine in Compostela Valley. In a statement, Apex Mining said the Mines and Geosciences Bureau (MGB) approved the lifting of the temporary suspension on …

In December we learned that Primero Mining (NYSE:PPP) made an offer to acquire Brigus Gold (NYSEMKT:BRD) for about $220 million worth of stock. On Tuesday, we learned that proxy advisory firms Institutional Glass Lewis & Co. and Institutional …

The claims were purchased from Veinlode Silver Mines Limited ("Veinlode"), a private company. Under the terms of an asset purchase agreement dated February 19, 2014, between the Company and Veinlode (the "Agreement"), the Company acquired all of …

PIERRE | Just one day after the state Senate approved a $300,000 tax break for the Wharf gold mine in Lawrence County, the company's fortunes abruptly changed Thursday. After voting 18-16 for the tax break Wednesday, 19 state senators opposed the …

BAYHORSE SILVER INC. (the "Company") reports that it has filed a National Instrument 43-101 Technical Report on its recently acquired Bayhorse Silver Mine property in eastern Oregon. The Report that can be viewed on the Company's website …

When senior management at the largest gold mining firms throw their hands up in dismay and begin curtailing production, usually within weeks the lows are going to be found. Decision by committee is always that way. It's slow; it takes time; and it's …

As you can see, the price of gold and gold miner stocks are highly correlated, but the decline in stock prices in recent years has far outpaced the decline in the price of the actual metal. So, if this relationship is to hold in the future, either the …

Pan American Silver (TSX:PAA) posted a net loss of $293.1 million mostly due to an impairment charge on its Dolores Mine resulting from lower long-term metal prices and increased taxes in Mexico, but the company also announced an increase in proven …

Given how many gold mining reality TV shows there are on the air right now, you'd think some of these guys would just say, eh, maybe it's time to go into a field that's less crowded, like directing. But no, these rough and ready guys are determined to …

Claude B. Erb, managing director at First Chicago NBD, published a research report titled “A Golden Bet: Gold Mining Equities versus Gold” earlier this week. Erb takes an in-depth look at the factors behind the price of gold and the relationship …

Pan American's vision is to be the world's pre-eminent silver producer, with a reputation for excellence in discovery, engineering, innovation and sustainable development. The Company has seven operating mines in Mexico, Peru, Argentina and Bolivia.

VANCOUVER, British Columbia, Feb 18, 2014 (BUSINESS WIRE) — NanoStruck Technologies Inc. (the “Company” or “NanoStruck”) (cse:NSK) (otcqx:NSKTF) (frankfurt:8NSK) announces a non-binding Letter of Intent (“LOI”) signed with Tierra Nuevo Mining …

Dennis Gartman: Yes, I've quietly turned bullish on gold for a few reasons. Firstly, beginning five and six weeks ago we started to see a lot of the mining companies— even the largest gold mining companies— begin to curtail production. That's always …

While the demand for physical gold continues to rise and supply keeps falling, the freely traded price of gold continues to slide. With this being the case, it would seem as if the gold market is heading for a sudden correction, making low-cost miners …

Fortuna Silver Mines Inc. (FSM – Snapshot Report) saw a big move in the last trading session, as the company's shares fell by nearly 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session.

JOHANNESBURG (miningweekly.com) – Illegal gold mining had reached such a scale that it would not be inappropriate to bring in the South African National Defence Force (SANDF) to quell the scourge, which was not only plaguing abandoned mines but …

It's been a tough bear market for the gold and silver miners. The Philadelphia Gold & Silver Miners Index (XAU) reached a weekly high in April 2011 (225.79) and declined some 64% peak to trough by December 2013 (weekly low 80.43). After an 11-year bull …