gold and silver mining site

goldmining grows gold, copper and silver resources in alaska | kitco news

goldmining grows gold, copper and silver resources in alaska | kitco news

(Kitco News) - GoldMining (TSX: GOLD) announced Monday the results of an updated Mineral Resource Estimate on its 100% owned Whistler project in south central Alaska, U.S.A., consisting of resource estimates for the Whistler, Island Mountain and Raintree West gold-copper deposits with an effective date of June 11, 2021.

The company said that an updated Indicated Mineral Resources amounted to 1.94 million ounces gold, 8.33 million ounces of silver and 422.0 million pounds of copper, and Inferred Mineral Resources amounted to 4.67 million ounces gold, 16.06 million ounces silver and 711.4 million pounds of copper.

Compared to the prior reported estimate completed in 2016, Indicated Mineral Resources for gold, copper and silver have increased by 9.9%, 23.0% and 35.9% respectively, and Inferred Mineral Resources for gold have increased 0.9%, and for copper and silver have decreased by 0.3% and 29.0% respectively.

CEO Alastair Still commented, "The updated resource at Whistler provides a clear and modernized view of the potential of this large-scale gold-copper project. With approximately 3.0 million ounces of Indicated gold equivalent resource and 6.5 million ounces of Inferred gold equivalent resource, Whistler is currently one of the largest known mineral resources in Alaska, a proven mining jurisdiction."

The Whistler project is a gold-copper exploration project located in the Yentna Mining District of Alaska, approximately 150km northwest of Anchorage and comprises 304 State of Alaska mining claims covering an aggregate area of approximately 17,159 hectares.

guanajuato silver company ltd - home

guanajuato silver company ltd - home

Guanajuato Silver is an exploration and development company engaged in reactivating past producing silver and gold mines near the city of Guanajuato, Mexico. The Company's El Pinguico project is a significant past producer of both silver and gold located just 7 kilometers south of the city. Upon closing of the El Cubo acquisition, the Company will focus on the refurbishment of the El Cubo mill, and swift commencement of production from the El Cubo and El Pinguico Combined Operation, as well as delineating additional silver and gold resources through underground and surface drilling on its projects located in this 480-year-old mining camp.

The El Cubo and El Pinguico properties are within the major epithermal mineral vein system common to the Guanajuato area and share many of the same geological, mineralogical, metallurgical characteristics, and mining methods. El Cubo is approximately 8 kilometers (km) from El Pinguico. It is anticipated that both properties will utilize El Cubos existing mill infrastructure and administration facilities, processing blended mineralized material from El Cubo and the El Pinguico projects.

Guanajuato Silvers Project, El Pinguico, totals 71 hectares and is located seven kilometers southeast of Guanajuato, Mexico. El Pinguico operated from the late 1880s until 1913, becoming a historic producer of high-grade silver and gold. Underground drilling targets are set to commence in December 2020, primarily from the Don Ricardo target area, with surface drilling to follow in Q1 2021.

Guanajuato Silver is engaged in the exploration of mineral projects in the Guanajuato region of central Mexico. The Companys flagship El Pinguico project is a significant past producer of high grade gold and silver and is located just 7km south of the city of Guanajuato, Mexico.

silver mines in australia whos digging, and where? | inn

silver mines in australia whos digging, and where? | inn

Mining is a big part of Australias history, and it continues to shape the countrys economy and position in the world today. The nation is one of the worlds top producers and exporters of resources, with coal, uranium, copper and gold being some of its best-known commodities.

Australia is also a key producer of silver it was the worlds seventh-largest producer of the metalin 2017, putting out 1,200 MT. Interestingly, the majority of the countrys silver is produced as a by-product at highly mechanized underground leadzinc and/or copper mines.

But where are the silver mines in Australia exactly? While its interesting to know what types of deposits the precious metal is found in, many investors want to know what companies are producing silver and where their mines are located geographically. Read on to find the answers to those questions.

Silver has played a role in Australia since the mid-1800s Wheal Gawler, Australias first metal mine, was a silver-lead mine developed in South Australia in the 1840s. And thats not Australias only early silver-mining operation the Broken Hill deposit in New South Wales and the Mount Isa deposit in Queensland are two other early Australian silver discoveries.

Broken Hill, a lead-zinc-silver deposit, was discovered in 1883 by German immigrant Charles Rasp, and the Broken Hill Proprietary Company was born in 1885; it ultimately merged in 2001 with another mining giant, Billiton, to form BHP Billiton (ASX:BHP,NYSE:BHP,LSE:BLT). BHP Billiton is no longer involved with Broken Hill, but ore is still being extracted there today.

For its part, Mount Isa was discovered in 1923 by John Campbell Miles, and like Broken Hill is still producing today. It was acquired by Glencore (LSE:GLEN) in 2013 and is also a major producer of zinc.

These major early Australian silver discoveries are not the countrys only sources of silver. Other silver mines in Australia include Cannington, one of the worlds top primary silver producers. Its a fly-in, fly-out mining and processing operation thats owned by South32 (ASX:S32,LSE:S32), a diversified resource company spun out from BHP Billiton in 2015. Cannington also produces lead and zinc.

Australia holds the McArthur River mine as well, which opened in 1995 and is owned by Glencore subsidiary McArthur River Mining. The mine is one of the worlds largest zinc-lead-silver mines, and is located in Australias Northern Territory.

The Century mine, which previously belonged to MMG (HKEX:1208), shut its doors at the end of 2015, but was a major producer of zinc (and silver) until that time. It was reopened in mid-2018 by New Century Resources (ASX:NCZ) the company says it now has an estimated annual production capacity of 264,000 tonnes for zinc and 3 million ounces for silver.

Independence Group (ASX:IGO) also produces silver, along with copper and zinc, at its Jaguar operation in Western Australia. Gold producer Silver Lake Resources (ASX:SLR) owns some projects with silver reserves as well. As you can see, there are and have been many silver mines in Australia.

In addition to being home to a slew of large silver mines, Australia also plays host to many companies that are exploring and developing silver projects. Below are a few that have made recent progress.

Argent Minerals (ASX:ARD) Argent Minerals main asset is its 100-percent-owned Kempfield polymetallic project in New South Wales. In May 2018, the company announced an updated resource estimate for the asset its silver equivalent contained metal now stands at an estimated 100 million silver equivalent ounces at 120 g/t silver equivalent; thats approximately double the previous estimate.

Investigator Resources (ASX:IVR)Investigator Resources is advancing silver, copper and gold deposits in South Australia. Currently its properties include the Peterlumbo/Paris silver project, the Eyre Peninsula and Stuart Shelf projects and the Northern Yorke Peninsula projects.

MacPhersons Resources (ASX:MRP) MacPhersons Resources has a number of advanced gold, silver and zinc exploration projects in close proximity to Kalgoorlie. Its focus is on its Boorara gold project and nearby Nimbus silver-zinc project. Nimbus has a high-grade silver-zinc resource estimate of 255,898 tonnes at 773 g/t silver and 13 percent zinc; the total Nimbus resource stands at 1.2 million tonnes at 52 g/t silver, 0.9 percent zinc and 0.2 g/t gold.

PNX Metals (ASX:PNX) PNX Metals main focus is on its Hayes Creek zinc-gold-silver project, which holds the Iron Blow and Mount Bonnievolcanogenic massive sulfide deposits in Australias Northern Territory. A resource estimate for the property shows that Iron Blow and Mount Bonniecontain 177,000 tonnes of zinc, 238,000 ounces of gold, 16.2 million ounces of silver, 37,000 tonnes of lead and 10,000 tonnes of copper. A definitive feasibility study is in the works and is due for completion in 2018.

Silver Mines (ASX:SVL)Silver Mines bills itself as a leading Australian silver exploration company, and has spent a considerable amount of time acquiring Australian silver projects those include Malachite Resources (ASX:MAR) Conrad project and Kingsgate Consolidateds (ASX:KCN) Bowdens silver project.

While the companys main focus has been on the Webbs silver project in New South Wales, the Bowdens project represents the largest undeveloped silver project in Australia, and Silver Mines is working to get the project through the feasibility, environmental impact statement and permitting stages. In its latest report, Silver Mines says it is completing further drilling at site, with a significant discovery of porphyritic felsic intrusion beneath the large-scale Bowdens silver-zinc-lead deposit.

Please remember that by requesting an investor kit, you are giving permission for those companies to contact you using whatever contact information you provide. If you want more than 20 investor kits, you need to make multiple requests. Select 20, complete the request and then select again.

In the opening paragraph you said that Australia produced 1200 MT of silver in 2017. I think that you meant 1200million ounces. There is an enormous difference and it casts doubt on all of the other figures that you quote.

Thank you for the comment. We did mean to put Australias production at 1,200 MT (metric tons). That stat comes from the US Geological Surveys latest report on silver, which you can view here: https://prd-wret.s3-us-west-2.amazonaws.com/assets/palladium/production/atoms/files/mcs-2019-silve.pdf

americas gold and silver and the ministers of the mexican government announce agreement to reopen the cosal operations - junior mining network

americas gold and silver and the ministers of the mexican government announce agreement to reopen the cosal operations - junior mining network

TORONTO / Jul 07, 2021 / Business Wire / Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (Americas or the Company), is pleased to report that it has signed an agreement with the Mexican Ministries of Economy, Interior and Labour committing to a reopening at the Cosal Operations shut for over 17 months by an illegal blockade.

After the long period of denied access, the agreement contemplates immediate right to possession of the property with a joint inspection coordinated by the Ministry of Labor this Thursday, so that the mine can restart operations in a safe and sustainable manner. Following the inspection and Company review, the Company will provide an update on a schedule to a return to normal operations at the mine and mill.

Once production can be initiated, it is anticipated that the current higher silver prices will allow the Company to target the higher-grade silver ores in the Upper Zone of San Rafael and develop the silver-copper EC120 project. Mining these silver-rich areas of the Cosal Operations is expected to significantly increase silver production to over 2.5 million ounces of silver per annum in the years following the restart. Coupled with the exploration success at the Galena Complex in Idaho, where the Company is targeting to reach peak historical annual production levels of approximately 5 million ounces per year, the Company expects to significantly increase silver production over the next few years.

I am very pleased that this agreement could be signed, stated Americas Gold and Silver President & CEO Darren Blasutti. Through extensive deliberations with senior Mexican ministers, certain union representatives, the will of our workers and the community and the President of Mexico, the agreement is a significant step to ensure the long-term stability of the operations by its signatories. I would like to personally thank all parties involved including our employees and representatives in Mexico, the Mexican and Sinaloa governments, the people of Cosal, and the organizers of numerous petitions and rallies who have all played important roles in providing a long-term solution for the benefit of the Cosal Operations. The Company is eager to get the operation ramped-up for all to benefit from the current strong silver, zinc and lead prices.

Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America. The Company owns and operates the Relief Canyon mine in Nevada, USA, the Cosal Operations in Sinaloa, Mexico and manages the 60%-owned Galena Complex in Idaho, USA. The Company also owns the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or www.americas-gold.com.

This news release contains forward-looking information within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Gold and Silvers expectations, intentions, plans, assumptions and beliefs with respect to, among other things, estimated and targeted production rates and results for gold, silver and other precious metals, the expected prices of gold, silver and other precious metals, as well as the related costs, expenses and capital expenditures; the reopening at the Cosal Operations, including the expected production levels and potential additional mineral resources thereat; the expected resolution of the illegal blockade at the Companys Cosal Operations and the restart of mining operations, including the expected timing thereof. Often, but not always, forward-looking information can be identified by forward-looking words such as anticipate, believe, expect, goal, plan, intend, potential, estimate, may, assume and will or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas Gold and Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas Gold and Silver to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Gold and Silver, these risks and uncertainties include risks relating to widespread epidemics or pandemic outbreak including the COVID-19 pandemic; the impact of COVID-19 on our workforce, suppliers and other essential resources and what effect those impacts, if they occur, would have on our business, including our ability to access goods and supplies, the ability to transport our products and impacts on employee productivity, the risks in connection with the operations, cash flow and results of the Company relating to the unknown duration and impact of the COVID-19 pandemic; interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; the ability to operate the Companys operations ; and risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and energy prices), ground conditions and other factors limiting mine access, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities, labor relations or disruptions, social and political developments and other risks of the mining industry. The potential effects of the COVID-19 pandemic on our business and operations are unknown at this time, including the Companys ability to manage challenges and restrictions arising from COVID-19 in the communities in which the Company operates and our ability to continue to safely operate and to safely return our business to normal operations. The impact of COVID-19 on the Company is dependent on a number of factors outside of its control and knowledge, including the effectiveness of the measures taken by public health and governmental authorities to combat the spread of the disease, global economic uncertainties and outlook due to the disease, and the evolving restrictions relating to mining activities and to travel in certain jurisdictions in which it operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forwardlooking information is available in Americas Gold and Silvers filings with the Canadian Securities Administrators on SEDAR and with the SEC. Americas Gold and Silver does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Americas Gold and Silver does not give any assurance (1) that Americas Gold and Silver will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forwardlooking information concerning Americas Gold and Silver are expressly qualified in their entirety by the cautionary statements above.

Golden Minerals Company is a Colorado-based precious metals producer with a pipeline of exploration projects in Mexico, Argentina and Nevada. With the commencement of gold and silver production at its Rodeo project in January... LEARN MORE

gold and silver

gold and silver

From high to Low Silver has dropped over 24%. From high to low Gold has so far shed only roughly 12%. Silver also did not take out its 2008 highs when Gold went on to put in a series of new all time highs. This is another massive intra market negative divergence signal and yet another reason to suggest that Gold could correct/consolidate for several months. On a positive note gold has held up remarkably well in the face of a very strong rally from the dollar. If it continues to hold up like this, then when the dollar rally finally fizzles out, one can expect gold to literally explode upwards.

The breakdown in silver could be an early warning signal of what lies in store for Gold in the short term time frames. Taking the longer term perspective, this rapid move down in silver indicates that when the next buy signal is generated in the precious metals sector, that Silver will most likely be the top performer. Remember all dogs have their day in the sun. Palladium the leading dog clearly illustrated this point as it took the number one spot in the precious metals sector in terms of performance for the past 12 months; we were strongly pounding the table on this underdog from late 2008 to early 2009.

The above chart clearly illustrates Silver (poor mans Gold) inability to trade to new highs in Dec and Jan of this year, while Gold surged to put in a series of all time new highs. This is a double negative for not only has silver not even come close to taking out its all time high, but it could not even test or take out the highs it put back in March 2008. Silver moves much faster on a percentage basis than Gold does so this action indicates that something is out of sync in the Gold markets at least in the short to intermediate time frames.

Silver has now become the dog of the precious metal pack and according to the dog theory it will have its day in the sun.. When the time is right we will issue a strong buy for this metal. In the short to intermediate time frames though, it would be wise to wait before deploying any new money as Silver is indicating that all is not well in this sector.

Note that Gold has issued multiple intra market negative divergence signals, if it had issued one only then we would not pay too much attention to this development. Gold, however, has flashed several very strong intra market negative divergence signals, the strongest one was flashed by the dollar; the dollar refused to trade to new lows when Gold went to put in a series of new highs. Instead the dollar was actually trading roughly 4% higher from its previous low, when Gold put in a new all time high.

In the short to intermediate time frames, the precious metals sector is still expected to correct/consolidate. Gold, however has held up remarkably well in the face of a strong dollar. Given the strength of the dollar one would have expected Gold to have pulled back a lot more than it has done so far. If this pattern in Gold persists then it very strongly indicates that once this rally in the dollar comes to end, Gold is going to literally explode upwards. On a percentage basis though silver is expected to perform a lot better than Gold in the next leg up.

The rule puts in a so-called circuit breaker for stock prices, restricting short-selling of a stock that has dropped 10 percent or more for the rest of a trading session and the next one. The new curbs take effect in about 60 days but stock exchanges have six months after that to implement them. Full story=

The above rule will only serve to delay the inevitable and could actually worsen the situation. For example, lets say a former high flyer disappoints the street with its earnings report. Normally, the stock is bid up in anticipation of blow out earnings, but now the earnings come in lower than expected, so say the stock drops 20% in one day, but short sellers are now cut out of the game. Like a dam, the pressure will build up and a day later when the short sellers can jump in, it might cause the stock to drop more than 10% and so forth. This effect could go for a longer period of time than if normal market forces were allowed to play out. When one is forbidden from doing something the desire to the opposite increases twice fold; the more one is prevented from doing something the more one wants to do it. Thus this rule is just a silly piece of legislation that will not really achieve much in the long run. In the short run, it might provide the illusion that it has the effect of stabilizing the markets. I keep the telephone of my mind open to peace, harmony, health, love, and abundance. Then, whenever doubt, anxiety, or fear try to call me, they will keep getting a busy signal and soon theyll forget my number. Edith Armstrong All charts were provided courtesy of www.prophet.net Related articles Palladium and Another Potentially Strong Buy Signal on the Dow? Palladium: The Silent Champion The Dollar The Dollar, Euro and Gold Share

The above rule will only serve to delay the inevitable and could actually worsen the situation. For example, lets say a former high flyer disappoints the street with its earnings report. Normally, the stock is bid up in anticipation of blow out earnings, but now the earnings come in lower than expected, so say the stock drops 20% in one day, but short sellers are now cut out of the game. Like a dam, the pressure will build up and a day later when the short sellers can jump in, it might cause the stock to drop more than 10% and so forth. This effect could go for a longer period of time than if normal market forces were allowed to play out. When one is forbidden from doing something the desire to the opposite increases twice fold; the more one is prevented from doing something the more one wants to do it. Thus this rule is just a silly piece of legislation that will not really achieve much in the long run. In the short run, it might provide the illusion that it has the effect of stabilizing the markets.

I keep the telephone of my mind open to peace, harmony, health, love, and abundance. Then, whenever doubt, anxiety, or fear try to call me, they will keep getting a busy signal and soon theyll forget my number. Edith Armstrong All charts were provided courtesy of www.prophet.net Related articles Palladium and Another Potentially Strong Buy Signal on the Dow? Palladium: The Silent Champion The Dollar The Dollar, Euro and Gold Share

I keep the telephone of my mind open to peace, harmony, health, love, and abundance. Then, whenever doubt, anxiety, or fear try to call me, they will keep getting a busy signal and soon theyll forget my number.

All charts were provided courtesy of www.prophet.net Related articles Palladium and Another Potentially Strong Buy Signal on the Dow? Palladium: The Silent Champion The Dollar The Dollar, Euro and Gold Share

gold and silver | republic of mining

gold and silver | republic of mining

(Kitco News) Barrick Golds corporate restructuring has led to a jump in greenhouse gas emissions, according to Metals Focus, a leading independent precious metals research consultancy, which today presented findings of its annual peer group ESG report comparing ESG metrics across 16 of the biggest gold miners over the last seven years.

Metals Focus said that this report, the latest of which comes out this week, aims to make like-for-like comparisons across this peer group, although this is not possible for all metrics because of the variability in disclosure.

As the mining industry heats up in northwestern Ontario, a First Nation in Treaty 9 territory has applied for an injunction to stop mineral exploration and protect a sacred area within their traditional territory.

Ginoogaming First Nation considers Wiisinin Zaahgiigan, an area of land roughly 360 square kilometres in size located about 300 kilometres northeast of Thunder Bay, its breadbasket, its church, its heartland, its graveyard and its hospital, according to documents filed by their lawyers. Continue Reading

The dramatic move, announced by the president upon his return to the White House on August 15, 1971, suspended the most fundamental rules of the international monetary system, affecting the prices of all products, commodities and services in world commerce. No policy choice since World War II has done more to shape global exchange, with repercussions still visible in todays economic and geopolitical rivalries.

Nixons decision overturned arrangements created by the U.S. and its wartime allies in 1944 at Bretton Woods, New Hampshire, where Washington had agreed to exchange dollars for gold at a rate of $35 per ounce. Continue Reading

Thats what an FBI agent was seeking to find out in 2018 when he applied for a search warrant to dig at the site in Elk County, northeast of Pittsburgh, according to a court filing unsealed on Thursday.

In an accompanying 30-page affidavit, Federal Bureau of Investigation Special Agent Jacob Archer cites tips from treasure hunters, old newspaper clippings and magazine articles as probable cause that a ton or more of gold mined in California and destined for the U.S. Mint in Philadelphia when it disappeared in 1863 was buried in cave located inside a 217,000-acre state forest. Continue Reading

The action argues that the Republic of Mali breached its obligations to Menankoto under the Convention and under the 2012 Mining Code. The arbitration will be conducted by the International Centre for Settlement of Investment Disputes in Paris, France, B2Gold said in the news release. Continue Reading

Substantial part or perhaps all of the overshoot in inflation comes from the impact of reopening of the economy, Powell told the members of the House Select Subcommittee on the Coronavirus Crisis on Tuesday.

The Fed chair highlighted items such as cars, airplane tickets, hotel prices. Those are things that we would look to stop going up and ultimately start to decline, Powell said, while still being unclear on when that might be. Continue Reading

Our exports have gone to transit countries because they have better gold trading systems, either in the form of bullion banks or better bourses than ours, Lutfi said in an interview Monday. As a gold producing country why would we sell it to transit countries? Continue Reading

The Western Australian gold explorer had been drilling unmined areas at the site of the former Pickle Crow Mine looking for gold extensions of the current one-million-ounce resource they compiled last September.

Auteco posted the latest batch of results from its now-completed 45,000-metre drill program at its Pickle Crow Project, highlighted a new discovery, dubbed Carey. The best intercept from Carey showed 5.3 grams per tonne over 20.4 metres at a relatively shallow depth of 102 metres. Continue Reading

Timmins-based Cy Rheault Construction Ltd. has been awarded a contract for the restoration of the McIntyre headframe. City council gave the thumbs up to the project that will cost $520,000, plus HST, during Tuesdays meeting.

(Kitco News) In just 24 hours, gold managed to lose nearly $100 after the Federal Reserve signaled higher inflation and updated its dot plot projections, showing a possibility of two rate hikes as soon as 2023.

The news triggered a surge in the U.S. dollar and a rise in the 10-year U.S. Treasury yield, which weighed heavily on gold. The precious metals plunge was intensified by technical selling as gold tumbled below the $1,800 and came close to testing critical support at $1,770-60.

The market zeroed in on the upward revision to the PCE inflation forecast for 2021, which was raised a full percentage point from 2.4% in March to 3.4%. This comes after very strong inflation readings in April and May. Continue Reading

Greenstone Gold Mines will have a homegrown skilled workforce at its disposal by the time the green light is given to start construction of an open-pit gold mine and processing plant, south of Geraldton.

Provincial Labour, Training and Skills Development Minister Monte McNaughton announced $3.6 million in training dollars for up to 150 Indigenous trainees to get involved in the massive $1-billion development project.

A good job is a source of dignity and pride, said McNaughton in a June 17 webcall. By preparing people for careers in the trades, you give them a shot at a solid future with great pay. Continue Reading

AngloGold Ashanti has had a bad year, with the companys lack of a permanent chief executive officer and a suspension of its Ghana mine operations weighing on the stock. But with shares now cheap compared with peers, analysts see potential for upside.

Shares of the worlds third-largest gold producer have dropped 30% in the past year, making it the worst-performing stock in the 113-company Bloomberg World Mining Index. It also trails peers on South Africas FTSE/JSE Precious Metals and Mining Index, which has gained 20% in the same period.

Investor sentiment began to sour three days after the companys shares rose to a record on July 27. Thats when AngloGolds CEO Kelvin Dushnisky shocked stakeholders by announcing his resignation. Continue Reading

A month ago, the company launched the review after falling short in some key performance areas and failing to reach some ambitious targets at the underground mine over the last year. Continue Reading

Brazil said Monday it would deploy a special security force to protect the Yanomami indigenous reservation, whose residents have clashed recently with illegal miners encroaching on native lands in the Amazon rainforest.

The measure comes after Brazils Supreme Court last month ordered far-right President Jair Bolsonaros government to adopt necessary measures to protect the Yanomami and Mundurucu peoples reservations from wildcat gold miners.

Up until recent history, the Carlin Trend was mainly divided between two senior gold mining companies Barrick Gold Corp. and Newmont Corp. On the surface, that meant fences separated properties. Underground, boundaries took the form of vertical walls.

Practically, neither company had a full understanding of how the ore body behaves from beginning to end. Sometimes the same geologic feature had different names depending on what side of the line it fell on. Continue Reading

gr silver mining ltd discovers wide high-grade gold and silver zones at its plomosas project in mexico

gr silver mining ltd discovers wide high-grade gold and silver zones at its plomosas project in mexico

GR Silver MiningLtd (CVE:GRSL) (OTCQB:GRLSF) (FRA:GPE) reported assay results from its Plomosas Silver Project inMexico, which included 41.7 metres (m) of 1.13 grams per tonne (g/t) gold as well as 13.0mof 328 g/t silver, 1.2% zinc, and 0.1% copper.

The company said the results, which represent wide intersections of predominantly gold and silver-rich epithermal veining, are from the final drill holes that will be incorporated into the resource estimation at the Plomosas Mine Area.

This final batch of drilling results from drill holes PLI21-10 and 14, represent a step out of approximately150mto the north from the closest underground information in the Plomosas Mine Area, GR Silver MiningCEO Marcio Fonsecasaid in a statement.

These results represent the delineation of new prospective host rocks defining additional targets for future drilling beyond the area of the maiden resource estimation, which is currently in progress.

As well, GR Silver noted the discovery of precious metal only mineralized epithermal veins has encouraged it to pursue an extensive surface core drilling program, outside ofareas under resource estimation such as at Plomosas South, with the objective of identifying new discoveries in the second half of 2021.

GR Silver Mining's 6,574 hectares (Ha) Plomosas silver project is within 5 kilometres (km) of the company's San Marcial silver Project, in the Rosario district and is a past-producing asset, where only one mine operated from 1986 to 2001, producing about 8 millionounces of silver, 73 millionpounds of lead and 28 millionpounds of zinc.

Proactive Investors Australia Pty Ltd ACN 132 787 654 (the Company, we or us) provides you with access to the content set out above, including any news, quotes, information, data, text, reports, ratings, opinions,...

GR Silver Mining (CVE: GRSL- OTCQB GRSLF) CEO Marcio Fonseca joined Steve Darling from Proactive to announce the company is getting more aggressive in drilling at their Rosario Mining District in Mexico. Fonseca telling Proactive the company is using Seven drill rigs to undertake this...

mining site visits: gold and silver | mining journal

mining site visits: gold and silver | mining journal

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fortuna and roxgold form global gold and silver producer | global mining review

fortuna and roxgold form global gold and silver producer | global mining review

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Save to read list Published by Will Owen, Deputy Editor Global Mining Review, Tuesday, 06 July 2021 10:45

The transaction was completed by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia), pursuant to the arrangement agreement between Fortuna and Roxgold dated effective 26 April 2021. Under the terms of the transaction, Fortuna acquired all the issued and outstanding common shares of Roxgold in exchange for 0.283 of a common share of Fortuna and CAN$0.001 in cash for each Roxgold Share held. Upon completion of the transaction, Roxgold is a wholly-owned subsidiary of Fortuna.

The transaction was approved by Roxgold shareholders at a special shareholder meeting held on 28 June 2021 and the issuance of Fortuna shares under the terms of the transaction was approved by Fortuna shareholders at Fortunas annual and special meeting held on 28 June 2021. Following the shareholder meetings, the British Columbia Supreme Court granted a final order on 30 June 2021 approving the arrangement.

The successfully completed business combination creates a low-cost intermediate gold and silver producer with four operating mines and a permitted development project. The company will benefit from a robust exploration pipeline and expanded presence in the Americas and West Africa, two of the fastest growing precious metals producing regions in the world We look forward to a successful integration and to continue building the business in West Africa on the solid foundations cemented by Roxgold.

I would like to thank the Roxgold shareholders for their support. I am very proud of the Roxgold team and what we accomplished together and believe Fortuna is now positioned with one of the best organic growth pipelines among any of the intermediate precious metal producers, supported by peer-leading free cash flow generation, increased scale and diversification, and a lower cost of capital.

In this webinar, Chris Pearson, Group Business Development Director at MMD Group, will discuss in detail their Fully Mobile Surge Loader (FMSL), its key requirements, and implementation considerations.

Gold mining news Silver mining news Canadian mining news

In this webinar, Chris Pearson, Group Business Development Director at MMD Group, will discuss in detail their Fully Mobile Surge Loader (FMSL), its key requirements, and implementation considerations.

peregrine adds to pilbara portfolio - mining journal

peregrine adds to pilbara portfolio - mining journal

Peregrine Gold is set to acquire a company linked with its founding director that will give it a significant position in the Mallina Basin, along Western Australias Pilbara coastline.

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public mining sites, parks, tours and other attractions - gold prospecting

public mining sites, parks, tours and other attractions - gold prospecting

This is a list of areas open to the public where you can search for valuable minerals in the United States and elsewhere. Many of these locations are free of charge. Others are private mines that charge a fee and yet others are club sites that require club membership. Most of the locations listed are places where you mine the material at the source yourself.Other sites have material you can mine or sort through that has been collected for you. Finally, some of these listings are not sites where you can mine but that may be of interest nonetheless, like old mines of historic interest and museums.

A key concern for many is access to places without fear that they are accidently going to be on mining claims or breaking some sort of rule. Many people have families and so areas are desired that are suitable for both the young and the very old. Ease of access is important. Many people are tourists who want to experience some local history and who may know almost nothing about prospecting and mining. Areas that are clearly defined and with easy to understand rules are important. The focus of this section of the website will therefore be to list sites set aside specifically for public mining.

Some states have very little information other than general rules and vague hints about where you might prospect. Links are provided to that information to at least get you started. Be cautious working in these states until you have more specific information. Always check the links for the latest information from original sources as things change constantly and material here can easily be out of date.

Alaska- Arizona- Arkansas- California- Colorado- Georgia- Idaho- Indiana- Michigan- Minnesota- Montana- New Hampshire- New Jersey- North Carolina- Oregon- South Carolina- South Dakota- Utah- Vermont- Washington- Wisconsin- Australia- Canada- Italy- New Zealand- Scotland

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