Silver

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

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.

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

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."

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.

Endeavour Silver is paying a quarter-billion dollars for two Mexican mining properties owned by AuRico Gold (TSX:AUQ). Endeavour (TSX:EDR) said yesterday it will spend up to $250 million for AuRico's El Cubo silver-gold mine in Guanajuato state, and the Guadalupe y Calvo silver-gold exploration project in the state of Chihuahua.

The Toronto Star profiles Peel River in the Yukon, a growing sources of contention between miners and environrmentalists

MINING.com counts more than 90 billionaires involved in minerals, metals and mining on the planet with a combined wealth of well over $300 billion.

Mining contributed $50 billion to the country’s GDP in 2011, he said, and provides “well paying” jobs for more than 300,000 Canadians.