Adriatic Metals produces first concentrate at Bosnian silver mine
British-based Adriatic Metals has produced the first concentrate at its Vares silver project in central Bosnia, the company said on Wednesday.
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Australian gold miner Red 5 to acquire Silver Lake Resources
Australian gold miner Red 5 will takeover rival Silver Lake Resources to build a mid tier gold company valued at $1.5 billion, the two companies said in a joint statement on Monday.
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World’s biggest jeweller Pandora stops using mined silver and gold
Pandora, the world’s largest jeweller by amount of products sold, has stopped using mined silver and gold and now only manufactures with recycled precious metals, which require less energy to produce.
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OreCorp rebuffs latest takeover bid as Perseus-Silvercorp battle rages
OreCorp has rejected Perseus Mining’s new takeover bid as it battles Silvercorp Metals to obtain the Nyanzaga gold project in Tanzania.
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Hecla’s Lucky Friday silver mine resumes production
Hecla Mining (NYSE: HL) has begun to resume activities at its Lucky Friday silver mine in Idaho, US, after being halted in September last year to complete repair work on areas damaged by wildfires in August.
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Silvercorp Metals sweetens offer for OreCorp
Mining News Pro - Canada’s Silvercorp Metals (TSX, NYSE: SVM) surprised the market on Thursday by increasing its cash offer for African gold developer OreCorp (ASX: ORR) by A$20 million ($13m).
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Silver price to benefit from solar sector demand once rates peak
Mining News Pro - Robust demand from the solar industry and limited supply growth from mines will buoy silver prices once the period of higher global interest rates is over, analysts said.
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Silver Lake eyes worst day in eight years as sales outlook disappoints
Mining News Pro - Silver Lake Resources (SLR) is set for its worst session in eight years on Monday as record annual output failed to make up for an unflattering sales outlook.
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The world’s appetite for solar panels is squeezing silver supply
Mining News Pro - Changes to solar panel technology are accelerating demand for silver, a phenomenon that’s widening a supply deficit for the metal with little additional mine production on the horizon.
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Hecla Mining fined for hazardous waste management at silver mine in Alaska
Mining News Pro - Hecla Mining Co was fined $143,124 for violating hazardous waste management and disposal requirements under the Resource Conservation and Recovery Act, the US Environmental Protection Agency (EPA) said on Wednesday.
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Silver Lake proposal “no material improvement” for St Barbara
Mining News Pro - Silver Lake upped its bid for St Barbara’s Leonora assets last week, but it seems the St Barbara/Genesis deal is still on track.
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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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Visit: 139
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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Visit: 551