Silver Top Stories

Political risk seen on the rise in these key mining markets

Major commodity-producing countries are set to remain under intense finance…

Private capital won’t touch mining

Only 0.6% of private capital raised in 2015 for natural…

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Rescuers fight to reach trapped Idaho miner

Associated Press reports that rescuers have been trying to reach a miner caught in a cave-in more than a mile underground. The roof of a tunnel at the silver mine in northern Idaho collapsed where the 53-year-old miner and his brother were working.

Coeur says Morales Administration won’t nationalize San Bartolomé mine

Bolivian officials says President Evo Morales will announce on May 1 that he is dismantling Bolivian mining's "privatization model" and will nationalize former state-owned mines. Coeur d'Alene Mines announced Thursday that it has received assurances from the Morales Administration that its San Bartolomé silver mine is not targeted for any proposed mining nationalization in Bolivia.

Silver stocks fall on Bolivian nationalisation fears

The shares in some North American silver miners fell sharply on Thursday after Bolivia's leftist government said it might rescind concessions on four mines in the country run by Glencore International Ltd [GLEN.UL] affiliates and Canada's Pan American Silver Corp (PAA.TO: Quote)(PAAS.O: Quote).

Greystar shareholders clean house over Angostura mine project delays

After years of frustration, Greystar Resources shareholders successfully campaigned to dump CEO Steve Kesler and the board of directors in the aftermath of continued delays in its Angostura gold-silver project in Colombia. Greystar (TSX, AIM: GSL) has been working on the development of Angostura for 15 years, investing C$153 million thus far in the US$1 billion project.

NovaGold releases PEA for Ambler project, Alaska

NovaGold Resources released a prefeasibility study today on its 100%-owned Ambler project in northwest Alaska. The Vancouver-based company is exploring the sprawling 36,670-hectare property, which is host to a number of high-grade copper, zinc, lead, gold and silver deposits. According to the PEA, commissioned by SRK Consulting, the property contains 16.8 million tonnes of indicated resources, with 4.1% copper and 6.0% zinc. The inferred category contains 12.1 million tonnes of 3.5% copper and 4.9% zinc.