Silver stocks ended mostly higher as gold and silver market bulls were impressed with their markets' ability to hold slightly higher price levels in the face of a stronger U.S. dollar index Thursday. The yellow metal climbed yesterday, finding support …
Fire River Gold Corp. has dug a deep hole at Nixon Fork– not only a drift to the high-grade gold for which the mine is known but also a more perilous financial deficit that could result in the Vancouver B.C.-based junior losing the remote Alaska operation.
I'm often asked "why bother with the metals, why are they worth anything?" Similarly, I'm often inundated with those who claim the metals are "dead." If the precious metals could ever be 'killed' as it were, then I imagine gold (GLD) and silver (SLV …
The weakness of the global economy and uncertainty about Chinese growth have sent silver from $30 at the beginning of the year to under $20 in July. Since then, prices have shown more positive signs. The silver mining stocks have been punished even …
BANGALORE: Union Minister K H Muniyappa on Friday said it would take another two to three months for the Mines Ministry to float a global tender to revive Kolar gold mines. "Yesterday I met Mines minister, we have had discussion on this, I have asked …
International mid-tier gold company B2 Gold has announced that construction of its Otjikoto Gold Mine near Otavi is on schedule and on budget. Construction of the mine started in January this year and will continue into the fourth quarter of 2014.
Gold and silver prices are rebounding strongly, which may cause a powerful move in the historically oversold sector. With stronger balance sheets, the majors will be able to focus on lower cost, more profitable and secure Nevada mines where some mines …
[That] deal stretched Barrick just as it was developing the huge Pascua-Lama project on the border of Argentina and Chile, and the Pueblo Viejo gold–mining project in the Dominican Republic. The Equinox takeover triggered the initial slide in Barrick's …
It's August 2011 and Father Restrepo is being interviewed for a documentary featuring locals from Marmato, a gold mining town of around 2,000 people on the slopes of the western Andes in central Colombia. They are arguing passionately against …
It owns and operates the Galena Mine Complex in the heart of the Silver Valley/Coeur d'Alene Mining District, Shoshone County, Idaho. It produces high-grade silver and is the second most prolific silver mine in U.S. history, delivering over 200 million …
Confirming the $300m purchase of Australian properties from world #1 Barrick, CEO Nick Holland also offered today to waive his 2013 bonus "in recognition of concerns" over how 9% of Gold Fields' giant South Deep mine was given to black investors three …
Canyon Lake residents Paul and Kathi Price point to the collapsed tunnel of an abandoned mine at the base of Goetz Hill, literally in Canyon Lake's own back yard. Paul learned about the mine as a young boy when he explored the Perris, Menifee and Lake …
Silver mining stocks are not exactly known for their dividends. The precious metal they produce has mostly been in free fall since the beginning of the year. These miners have to preserve liquidity in the face of these challenges, so it's no surprise …
money flowing Gold Silver Worlds: If 2013 was considered a bad year for gold, it was a disaster for gold mining equities that were slashed by almost 50% by mid-year. The April and June sell-offs brought gold down to USD 1,300 – a level that it had not …
One shaft near the plant accesses the Argentina mine and plans exist to utilize this shaft in the future to hoist ore. The plant processes 270 tpd of ore into silver-rich lead concentrate plus zinc concentrate. The plant also serves as a custom-mill …
Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced that it has entered into a binding sale and purchase agreement with Barrick Gold Corporation (Barrick) to acquire its interests in the Granny Smith, Lawlers and Darlot …
A powerful South African labour union Thursday warned of a potential strike in the strategic gold mining sector, after wage talks became deadlocked. The National Union of Mineworkers said it had rejected a 6% raise offer by employers in the industry, …
TORONTO (miningweekly.com) – The world's largest silver streaming firm Silver Wheaton's second-quarter profit has halved to $71.1-million, or $0.20 a share, from the $141.4-million, or $0.40 a share, it earned in the same period a year earlier.
The price of gold recovered overnight losses after the release of US Federal Reserve meeting notes in London trade Thursday morning, rising back to $1,375 as major stock markets also rose with commodities. The Dollar continued to strengthen, helping …
Confirming the $300m purchase of Australian properties from world #1 Barrick, CEO Nick Holland also offered today to waive his 2013 bonus "in recognition of concerns" over how 9% of Gold Fields' giant South Deep mine was given to black investors three …
This article is about Endeavour Silver (EXK). Endeavour Silver has a market capitalization of $500 million. It currently operates three silver mines in Mexico–Bolanitos, El Cubo, and Guanacevi–that produce roughly 5 million ounces annually. The …