The following is a release by the Silver Institute upon the publication of the World Silver Survey 2017, produced on its behalf by the GFMS team at Thomson Reuters. Global silver mine production in 2016 recorded its first decline since 2002,…
IDAHO – Toronto-based Liberty Silver Corp. has announced its intention to acquire the Bunker Hill silver-zinc-lead mine and smelting complex at Kellogg from Placer Mining Corp. The acquisition will include all mining rights and claims, surface rights, existing infrastructure at…
VANCOUVER – Shareholders of Silver Wheaton Corp. approved changing the streaming company’s name to Wheaton Precious Metals at the annual general meeting earlier this week. The company will begin trading under the symbol WPM and its new name on the…
Golden Arrow Resources (TSXV: GRG; OTCQB: GARWF) has jumped from an explorer to a silver producer in Argentina in a fairytale-esque way. It will receive a 25% stake in Silver Standard Resources’ (TSX: SSO; NASDAQ: SSRI) producing Pirquitas mine, take home a…
ARIZONA – Arizona Mining of Vancouver is receiving a $110.3-million vote of confidence from South32, the Australian company spun out from BHP Billiton in 2014. South 32 has agreed to purchase 45 million shares of Arizona Mining at a price…
MEXICO – Toronto-based Sierra Metals has updated the resource and reserve numbers for its Bolivar copper mine in Chihuahua state. The estimate is based on drilling and production reports between January 2013 and September 2016. The updated information includes a…
Filo Mining (TSXV: FIL) was spun out of Lukas Lundin’s NGEx Resources (TSX: NGQ; US-OTC: NGQRF) in mid-2016 to highlight the Filo del Sol copper-gold property that straddles the Chile-Argentina border, 140 km southeast of the city of Copiapo, Chile. The Atacama region is…
BRITISH COLUMBIA – Vancouver-based Spanish Mountain Gold has prepared a new preliminary economic assessment for its Spanish Mountain gold project near Likely. Using a 0.15 g/t gold cut-off, the deposit contains 306.5 million tonnes grading 0.39 g/t gold and 0.64…
Endeavour Silver (TSX: EDR; NYSE: EXK) plans to add a fourth mine to its Mexican operations, following an encouraging preliminary economic assessment (PEA) at its El Compas gold-silver project in Zacatecas state. The miner currently operates three underground silver-gold mines: Guanacevi…
MEXICO – Vancouver-based Endeavour Silver Corp. has released an updated 43-101 report and positive preliminary feasib ility study for its Terronera silver-gold project 40 km northeast of Puerto Vallarta, in Jalisco. The main mineralized zone includes a shallow, steeply dipping,…
YUKON – The preliminary economic assessment of the Keno Hill properties belonging to Vancouver-based Alexco Resource Corp. has president and CEO Clynton Nauman saying, “… the district is clearly on a path toward redevelopment and ultimately a production decision.” According…
BOLIVIA – Orvana Minerals Corp. of Toronto has made the first commercial shipment of gold-silver doré made since the carbon-in-leach circuit was recommissioned at its Don Mario copper-gold-silver mine in Santa Cruz state. The shipment comprised 11 bars containing about…