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Fresnillo’s 2018 silver output hit record high, to be lower this year

23 January 2019 - 23:34
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Wednesday after the company said it expected a decline in silver output in 2019.

Prospero begins phase 2 drilling at Pachuca

22 January 2019 - 14:22
Prospero Silver has begun phase two drilling at its Pachuca SE project in Hidalgo State, Mexico, shortly after Fortuna Silver Mines (TSX: FVI; NYSE: FSM) exercised its option to acquire up to 70% of the project in late 2018. Fortuna can earn its interest in Pachuca SE by spending US$8 million on the project, including at least US$1 million in the first year, and completing a preliminary economic assessment.

Don’t give up on the diamond industry just yet

22 January 2019 - 14:14
If diamond miner equities are a proxy, the sentiment surrounding the diamond industry is currently at historic low levels. Just in the last two years, a basket of diamond producer stocks was down 28.9% in 2018, following a decline of 17.3% in 2017 (see Figure 1 below).

Gold, silver and platinum now printed directly onto fabrics

21 January 2019 - 16:47
A team of researchers from Imperial College London developed a technique to print silver, gold and platinum onto natural fabrics.

Combayo residents to protest against Minera Yanacocha in northern Peru

21 January 2019 - 16:26
Residents of the Combayo community, located in the Cajamarca department of northern Peru, announced a protest for February 6, 2019, against Minera Yanacocha, owned by Colorado’s Newmont Mining Corporation (NYSE: NEM), Peru’s Buenaventura, and the World Bank's International Finance Corporation.

Turquoise Hill reports fourth quarter 2018 production for Oyu Tolgoi, 2019 guidance

19 January 2019 - 15:13
Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.

Carube Copper finds high grades in Jamaica

18 January 2019 - 19:52
Following a mapping and prospecting campaign in conjunction with a grid-based soil sampling program and follow-up rock channel sampling, Carube Copper (TSXV: CUC) reported the discovery of high-grade copper-silver mineralization at its Main Ridge Project in Jamaica.

Brazilian general with mining ties to solve industry-indigenous disputes

18 January 2019 - 19:14
A retired Brazilian Army officer who recently advised Canadian miner Belo Sun (TSX: BSX) about its plans to mine gold in the Amazon, will head the country’s Indigenous Rights Agency (Funai) aiming at using his experience in the sector to deal with hundreds of impending clashes between miners and locals.

Detour’s 2018 output tops 620,000oz

17 January 2019 - 16:27
Detour Gold Corp. enjoyed a strong fourth quarter – with record output of 158,200 oz. – bringing the 2018 total to 621,128 oz. of gold. The total was 9% more than for 2017.

B2Gold hits record gold output in 2018 thanks to new Mali mine

16 January 2019 - 23:05
Mid-tier Canadian miner B2Gold (TSX:BTO)(NYSE: BTG) reported Wednesday record gold production in 2018 of 953,504 ounces, a figure the company says was near the top end of the revised guidance of between 920,000 and 960,000 ounces.
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