Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.
Results include: 73.7 meters of 284.2 g/t silver, 1.49 g/t gold, 1.31% lead, 1.78% zinc and 0.12% copper
Colombian President Juan Manuel Santos presented Friday a package of measures, including a proposed bill before congress, aimed to making illegal mining a crime punished by the country’s Penal Code.
$15 billion of investment in Labrador mining projects over the next decade may be jeopardized by the lack of energy sources unless alternatives, such as generating power from the Muskrat Falls, are put in place.
The European Commission said Wednesday it is delaying the deadline to emit a verdict on Glencore International PLC's $70 billion merger proposal with Xstrata (LON:XTA) after Glencore (LON:GLENA) made concessions to reduce EU concerns about too much potential concentration of interests in northern Europe.
Albanian Ministry of Economy, Trade and Energy issues order to grant all six mining exploitation licenses to Tirex Resources Ltd.
In September Chinese mines already churned out a whopping 20% more ore compared to last year. There are also 66 new mines producing 490 million tonnes in development. That at a time when steel output is growing at 1.7%.
Highlights for Q3: gold production of 266,374 ounces, silver production of 2.2 million ounces.
Eric Friedland has been buying Peregrine Diamonds as the stock sinks lower
In this interview with The Gold Report, Sean Rakhimov, editor of SilverStrategies.com, shares his insights for safely investing in silver mining companies in a volatile world.