St Barbara ends talks with Silver Lake on Leonara bid
Mining News Pro - Australian gold miner St Barbara said on Tuesday it will not further engage with Silver Lake Resources whose revised offer for its Leonora assets in Western Australia was “unacceptably conditional”.
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Silver Lake submits revised bid for St Barbara’s Leonara assets
Mining News Pro - Silver Lake Resources Ltd made a revised offer on Thursday to buy St Barbara Ltd’s Leonara assets in Western Australia for A$707 million ($479.56 million), allowing the latter to secure a 7.5% stake in the gold miner.
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St Barbara backs Genesis’ offer for Leonara assets over Silver Lake bid
Mining News Pro - Australian gold miner St Barbara Ltd on Thursday said it will back a A$600 million ($400 million) offer for its Leonara assets from Genesis Minerals Ltd, despite a higher proposal from Silver Lake Resources Ltd SLR.AX.
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Record demand pushes silver into new era of deficits, Silver Institute says
Mining News Pro - Global demand for silver rose by 18% last year to a record high of 1.24 billion ounces, creating a huge supply deficit, the Silver Institute said on Wednesday, predicting more shortages in the years to come.
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Americas Gold and Silver reports fatality at Idaho mining complex
Mining News Pro - Americas Gold and Silver Corp said on Wednesday an underground miner died at its Galena mining complex in Idaho.
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Mexican court allows Fortuna Silver to keep mining at San Jose for now
Mining News Pro - Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) reported Wednesday that the Mexican federal administrative court has granted a provisional injunction to allow the company’s San Jose mine to continue to operate under the terms of the 12-year environmental impact authorization (EIA).
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Transformed Dolly Varden Silver in discovery mode, says CEO
Mining News Pro - Looking back on the past two years since he took the reins as CEO of Dolly Varden Silver, Shawn Khunkhun points to a critical acquisition the company made in December 2021 as being the lynchpin to the company’s recent exploration and fundraising success.
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Fortuna Silver stock tanks as Mexico challenges environmental approvals for San Jose mine
Mining News Pro - Fortuna Silver Mine stock fell 11% on Thursday after a decision to re-asses the extension of the San Jose mine Environmental Impact Authorization.
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Metalla buys First Majestic Silver royalty portfolio
Mining News Pro - The deal will add about 7 million silver-equivalent ounces at about $2.90 per oz. on royalties covering an underlying 343 million oz. of metal to Metalla’s holdings.
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Endeavour Silver founder and Chairman Bradford Cooke passes away
Mining News Pro - Endeavour Silver Corp’s founder, Director and Executive Chairman, Bradford Cooke has passed away in Vancouver, British Columbia at the age of 67.
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Glencore to end silver streaming deal with Wheaton on Peru mine
Mining News Pro - Wheaton Precious Metals agreed to end its so-called silver “streaming” deal with Glencore Plc on Peru’s Yauliyacu mine for $150 million, the Canadian company said on Thursday, so that Glencore could divest the mine.
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Copper more effective than silver in killing covid virus
Mining News Pro - Researchers at Ruhr-University Bochum investigated ways to make copper and silver release even more ions than they normally would as a result of corrosion, a process that helps prevent the growth of bacteria or kill them completely.
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Silverton Metals to buy Margaritas gold-silver asset in Mexico
Mining News Pro - Canadian explorer Silverton Metals plans to buy the Margaritas gold-silver property in Durango, Mexico, from fellow junior Zapata Exploration.
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Buenaventura says San Gabriel gold-silver project to produce by 2024
Mining News Pro - Buenaventura, one of Peru’s largest precious metals miners, will speed up construction of its San Gabriel gold and silver project, with a production start date no later than 2024, the company’s president said.
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COVID tarnishes Silver Lake production
Mining News Pro - Silver Lake has withdrawn its sales guidance for FY22, saying the March quarter results from its Western Australian operations reflect the implications of the State Government response to COVID.
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Buenaventura says San Gabriel gold-silver project to produce by 2024
Mining News Pro - Buenaventura, one of Peru’s largest precious metals miners, will speed up construction of its San Gabriel gold and silver project, with a production start date no later than 2024, the company’s president said.
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New annealing method maintains the structure of gold, silver in alloys
Mining News Pro - Researchers at Switzerland’s Ecole Polytechnique Federale de Lausanne have developed a low-temperature annealing method that maintains the structure of gold and silver when the two metals are combined in an alloy.
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Denarii silver content reveals new facts about Roman financial crisis
Mining News Pro - The silver content of Roman denarii has shed new light on the financial crisis briefly mentioned by the Roman statesman and writer Marcus Tullius Cicero in his essay on moral leadership, De Officiis.
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Battery Metals Royalties to acquire 45% interest in Mongolian coal assets from Silver Elephant Mining
Mining News Pro - Silver Elephant Mining and Battery Metals Royalties have announced that they have entered into a binding letter of intent pursuant to which Battery proposes to acquire a 45% equity interest of Silver Elephant’s wholly owned Mega Thermal Coal Corp. (formerly Asia Mining Inc.), which owns and operates the Ulaan Ovoo and Chandgana thermal coal mines in Mongolia through Mega Coal’s wholly-owned Mongolian subsidiaries for $6.3 million.
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Strike forces Excellon Resources to halt Mexican silver mine
Mining News Pro - Precious metals miners Excellon Resources halted on Monday operations at La Platosa in Mexico, the company’s only producing mine, as unionized workers walked off the job after collective bargaining talks broke down.
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Strike forces Excellon Resources to halt Mexican silver mine
Mining News Pro - Precious metals miners Excellon Resources halted on Monday operations at La Platosa in Mexico, the company’s only producing mine, as unionized workers walked off the job after collective bargaining talks broke down.
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Hochschild Mining profit jumps on silver price rise
Mining News Pro - Precious metals miner Hochschild Mining Plc posted a 41% jump in full-year core earnings on Wednesday, boosted by a rise in average silver prices and rebound in production after operational stoppages in 2020 due to the pandemic.
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Financial spillover effect more intense between gold, silver
Mining News Pro - In a new paper published in the journal Applied Economics, an international team of researchers analyzed the portfolio risk characteristics and spillovers of precious metals commodities and equity markets across continents.
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Endeavour Silver beats 2021 production guidance, shares up
Mining News Pro - Endeavour Silver reported on Tuesday full-year 2021 production of 4,870,787 ounces silver and 42,262 ounces gold, for silver-equivalent (AgEq) production of approximately 8.3 million ounces.
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Harte Gold gets creditor protection as Silver Lake closes in
Mining News Pro - Troubled Canadian miner Harte Gold (TSX: HRT) has been granted creditor protection after rushing its Sugar Zone gold mine into production without a feasibility study two years ago and encountering a series of problems at the Northern Ontario mine.
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