Codelco warns strike at Salvador mine risks division’s future

Rio Tinto would have to build its own power plant and delay commercial production if the two nations cannot come to a deal during long-running power negotiations.

The Northern Miner called Garth Kirkham, chairman of the best practices committee at the Geological Society of Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), who was not sparing in his opinion of the 43-101 that Barkerville Gold released on Monday night.

Mexico-focused First Majestic Silver's (TSX:FR) (NYSE:AG) joined the group of silver producers that have been hit hard by the falling prices of the precious metal, as the company’s reported a profit drop of 50% year-on-year in the second quarter.

Despite reporting a 14% increase in silver production and record quarterly gold output, Pan American Silver Corp.'s (TSX:PAA) second-quarter earnings slid 61%, as the miner was hit by a double-digit decline in the precious metal prices.

Coeur D'Alene Mines (NYSE:CDE) will be entering a trial with Rye Patch Gold US Inc. this November over unpatented mining claims.

Investors’ silver holdings are at near-record levels, despite hedge funds being the least bullish on silver in almost four years, according to data compiled by Bloomberg.

The long-awaited debut of Barrick’s Pueblo Viejo, one of the largest gold deposits in the world, has finally arrived with the mine producing its first commercial gold.

All signs still point to a big gold and silver breakout, says John Embry, top strategist at Sprott Asset Management.

Waymar Resources (TSX-V: WYM) rocketed on Monday on 24 times higher than usual trading volumes, after announcing the best drill results yet from its Anza project in Colombia.