Independence drills near-surface gold and silver at 3Ts in BC

The Canadian miner plans to acquire the rights to the Milenos 32 concession adjacent to its Cerro Hermoso project in Peru.

"In last few days the rupee and international prices are moving in favour of buyers. Jewellers are placing orders," said a Mumbai-based dealer.

Company believes its Cascabel copper-gold project, 180 km north of the capital Quito, may become one of the largest copper-gold porphyry systems ever discovered.

To stay productive, McKinsey warns that miners must maintain fiscal discipline.

The world’s No.2 miner is selling its 40% in the giant Grasberg mine, the world’s second largest copper operation, to Indonesia’s state mining company PT Inalum.

Canada's Barrick Gold Corp lowered its full-year copper production forecast on Wednesday while increasing its cost estimates, saying the change reflected operational challenges and planned work at its Lumwana mine in Zambia.

Foreign direct investment in Chile hit $8.48 billion from January to April, its highest level since records began 15 years ago, thanks to a new law designed to attract investment, the government investment agency said on Wednesday.

An international group of researches have recommended 18 quantitative metrics that regulators can use to assess seabed mining projects.

Negotiations start against the backdrop of stark declines in the industry that was once the world’s largest.