MINING.COM

Asian investors pile into South American Silver with $16 million private placement

South American Silver has inked a $16 million deal with Asian investors to go towards its exploration projects in Bolivia and Chile.

Andrew Topf | April 19, 2012 | 7:23 pm

Silver Survey: Investor interest in the devil’s metal beginning to wane

The metal's characteristic price volatility – why traders often refer to it as the 'devil's metal' – is a deterrence for investors and silver had an especially torrid 2011.

Frik Els | April 19, 2012 | 5:29 pm

OZ Minerals, Southern Copper shopping for South American mines

US-based Southern Copper and Australia's Oz Minerals are both looking to acquire assets in South America, according to media reports Wednesday.

Andrew Topf | April 19, 2012 | 5:40 am

Legendary mining financier Robert Friedland quits Ivanhoe in Rio Tinto shake-up

Anglo-Australian mining giant Rio Tinto tightened its grip on Ivanhoe Mines as part of a $3.3 billion financing deal announced this morning, leading to the resignation of chief executive and founder Robert Friedland.

Cecilia Jamasmie | April 18, 2012 | 3:57 pm

Canadian Scorpio Mining’s silver production falls‎

Toronto-listed Scorpio Mining (TSX: SPM) reported quarterly silver production at its Nuestra Señora mine in Mexico fell 10%, driven by lower head grades.

MINING.COM Staff Writer | April 18, 2012 | 3:40 pm

Fresnillo’s silver production in line, while gold exceeds expectations

Precious metals miner Fresnillo (LON:FRES), the largest silver producer, reported its first-quarter silver production was in line with expectations, while it said higher-than-expected gold output, owing to the start up of its new Noche Buena mine.

Cecilia Jamasmie | April 18, 2012 | 3:26 pm

Strikes and bad weather hammer BHP’s production

Heavy rains and a prolonged strike at its Queensland coal mines have taken their toll on the world's biggest miner.

Andrew Topf | April 18, 2012 | 5:02 am

Canada makes good on promise to streamline mining, oil and gas projects

The Canadian government followed through on last month's budget promise to streamline environmental reviews of resource projects with a plan for "responsible resource development."

Andrew Topf | April 18, 2012 | 12:01 am

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

CBC Ottawa | April 17, 2012 | 7:36 pm

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Silver jumps 50 percent, but beware the devil’s metal

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