MINING.COM

We’re buying seven million ounces of silver: Eric Sprott

Eric Sprott announced that his company has $200 million committed to his self-named Sprott Physical Silver Trust, and the announcement will help silver, which has been in the "doldrums."

Michael Allan McCrae | July 30, 2012 | 7:57 pm

Fresh doubts over Olympic Dam as BHP freezes hiring

BHP's board was to make a decision on the $30 billion project this year, but a newspaper report over the weekend said a decision will not be made until 2014 and BHP's uranium division "confirmed the deferral and said a recruitment freeze was now in place".

Frik Els | July 30, 2012 | 12:32 am

Silver Wheaton not fazed by Pascua-Lama delays

Silver Wheaton will be paying less than $4 an ounce to take the precious metal of Barrick's hands.

Frik Els | July 26, 2012 | 10:18 pm

US Silver investors welcome hostile Hecla with open arms

US Silver responded today by saying it's studying the offer and for now the much lower valued RX Gold & Silver deal stays in place.

Frik Els | July 26, 2012 | 7:04 pm

Australian miners seek a wealth of opportunities in a new Myanmar

Australian exploration and mining firms are readying themselves for forays into Myanmar following the end of decades of military rule earlier this year and the country's opening up to foreign investment.

Marc Howe | July 26, 2012 | 2:53 am

Hecla Mining could scupper U.S. Silver/RX Gold & Silver merger with all-cash bid

Hecla Mining Company (NYSE:HL) has made an all-cash offer for U.S. Silver Corporations (TSX-V:USA) in a bid to scupper its proposed merger with RX Gold & Silver (TSX-V:RXE).

Marc Howe | July 26, 2012 | 12:42 am

Third time’s the charm for Peru’s mining issues?

Faced with never ending environmental and social conflicts over mining projects, Peru's President Ollanta Humala decided yesterday to reshuffle his Cabinet… again…for the third time.

Cecilia Jamasmie | July 25, 2012 | 5:27 pm

Teck Resources down 5% after profits more than halve

The diversified miner suffered lower realized prices across the board with copper down 14% to $3.57 a pound, its realized coal price was 26% below Q2 2011 at $202 a tonne. Zinc (-15%), silver (-24%), lead (-22%) and molybdenum (-18%) prices all declined.

Frik Els | July 25, 2012 | 4:59 pm

Miners buying existing projects rather than starting their own: study

Escalating costs and economic instability may be the two main reasons why mining companies worldwide are acquiring existing projects instead of starting their own, shows the latest report from global firm Ernst & Young.

Cecilia Jamasmie | July 25, 2012 | 2:46 pm

First

Last

Chile’s Codelco delays $2.25 billion in investments on copper prices slump

Commodity update: Is the summer slump over?

Operations resume at Barrick’s Veladero mine

Gold prices are not shining

Endeavour appoints foreign affairs wiz to BoD

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