Silver
-
PRECIOUS METALS: San Dimas sale pushes Wheaton Q2 earnings to $318M
VANCOUVER – Wheaton Precious Metals reports that it had net earnings of $318 million (all U.S. dollars) in Q2 2018, including the $246 million gain on the sale of the San Dimas silver stream. The company reported record gold production…
-
GOLD-SILVER: Braveheart tries ore sorting of Alpine material
BRITISH COLUMBIA – In an effort to boost gold and silver grades ahead of toll milling, Braveheart Resources of Calgary has tested ore sorting of quartz-bearing vein material from its Alpine property near Nelson. The tests were carried out by…
-
SILVER: Alexco drills 12 metres at 1,019 g/t true width
YUKON – The initial results from the 2018 drilling program at the Bermingham silver deposit in the Keno Hill silver district are in. Owner Alexco Resource Corp. of Vancouver said results from 14 of the 26 surface and underground holes…
-
COPPER-GOLD: Filo del Sol project ups resources
ARGENTINA – Vancouver’s Filo Mining Corp. says the recent successful exploration drill program at its Filo del Sol copper-gold-silver project has allowed it to boost the resource numbers. The company saw a significant increase in the indicated tonnage and contained…
-
ZINC-LEAD: Cantex drills massive sulphides at North Rackla claims
YUKON – Cantex Mine Development Corp. of Kelowna, B.C., says both of the two initial holes drilled into the discovery outcrop at its North Rackla claims intersected a massive sulphide zone that has a strike of at least 3 km.…
-
COPPER: Kintavar Exploration bets on Mitchi copper project in Quebec
Noranda was poking around southern Quebec in the 1970s when it drilled into what it believed was a skarn deposit grading around 0.5% copper, and walked away because it was too low grade. That ground, now known as the Mitchi…
-
GOLD-SILVER: McEwen files Fenix PEA, adds to El Gallo life of mine
MEXICO – Toronto-based McEwen Mining has filed a preliminary economic assessment for project Fenix at its El Gallo complex in Sinaloa state. The study says the annual production rate can be boosted to 47,000 oz. of gold equivalent with a…
-
COBALT: Canada Cobalt readies pilot plant at Castle mine
ONTARIO – Canada Cobalt Works, based in Coquitlam, B.C., is setting up a Re-2OX pilot plant at the Castle cobalt-silver mine in the historic Cobalt mining camp. The plant will produce bulk gravity concentrates for immediate processing into cobalt sulphate.…
-
ZINC: Murchison extends limits of Brabant-McKenzie VMS deposit
SASKATCHEWAN – Murchison Minerals of Toronto says its winter drilling program has returned high grades and extended the known limits of its Brabant-McKenzie zinc-copper-silver deposit that is 175 km northeast of La Ronge. All 19 completed holes intersected volcanogenic massive…
-
South32 offers US$1.3B for Arizona Mining
After taking an initial 15% stake in junior zinc developer Arizona Mining (TSX: AZ) in April 2017 for US$81 million and boosting it to 17% over the next year for another US$23 million, South32 (LON: S32) is now offering US$1.3 billion in cash…
-
GOLD-SILVER: Moss mine ahead of schedule for Northern Vertex
ARIZONA – Vancouver-based Northern Vertex Mining says the Moss gold-silver mine continues to meet or exceed the design targets during commissioning. The open pit and heap leach operations is located in Mojave County. The mill produced 1,276 oz. of gold…
-
Silver industrial demand rebounded in 2017
The following is an edited summary from the Silver Institute, based on findings in its World Silver Survey 2018. For more information, visit www.SilverInstitute.org. Industrial demand for silver, fuelled by record photovoltaic growth, rose in 2017 for the first time since…
