Murchison discovers new zone at Brabant Lake

It produced 5.7 million ounces of silver from Escobal, the third largest silver mine in the world – a 17% increase from the previous quarter.

Despite the drop in production, the gold miner kept guidance unchanged for its 2017 financial year at 540,000 ounces.

The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.

Question of whether government should be industry overseer or collaborator is at centre of resource platforms of Liberals, NDP and Greens

The firm, the world's largest primary silver producer and Mexico's second-largest gold miner, said output of the grey precious metal hit 13.5 million ounces in the quarter.

The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.

Miners have begun spending in equipment again, the Swedish firm's results show.

The miner had to put its plans on hold because the Police Service of Northern Ireland said it cannot secure daily anti-terrorism cover for its blasting operations at Omagh gold mine.

Production for the first three months of the year slumped 37% compared with the same period of 2016.