VANCOUVER, May 1, 2018 /CNW/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") reports on its financial and operating results for the fourth quarter ("Q4") of 2017 and for the 2017 fiscal year. The full version of the financial statements and accompanying management discussion and analysis can
Just two mines supply the United States with half of its silver production, and both are located in Alaska. It's quite amazing that Alaska now produces half of the silver for the U.S. when only 30 years ago total mine supply from the state was less than 50,000 oz per year. The silver produced in Alaska comes
VANCOUVER, British Columbia, April 16, 2018 (GLOBE NEWSWIRE) -- Fortuna Silver Mines, Inc. (NYSE:FSM) (TSX:FVI) is pleased to report first quarter 2018 production results from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The Company produced 2.4 million
Ottawa, Ontario--(Newsfile Corp. - May 3, 2018) - Aura Silver Resources (TSXV: AUU) ("Aura Silver" or the "Company") will extend the Greyhound property exploration program in partnership with Agnico Eagle Mines Limited ("Agnico Eagle") during 2018. Agnico Eagle, the operating manager of the property and partner of
Tahoe says the results were negatively impacted by the ongoing suspension of mining at Escobal in Guatemala, which resulted in no material revenue for the quarter, compounded by care-and-maintenance costs of $10.4 million. Escobal, one of the world's largest silver mines, has been shuttered since last
About Endeavour Silver - Endeavour Silver Corp. is a mid-tier precious metals mining company that operates three high-grade, underground, silver-gold mines in Mexico. The Company is forecasting 20% production growth to 10.2-11.2 million oz silver equivalent in 2018. Endeavour is currently developing
Great Panther Silver Limited is a primary silver mining and exploration company listed on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE American under the symbol GPL. Great Panther's current activities are focused on the mining of precious metals from its two wholly-owned operating mines
VANCOUVER, May 1, 2018 /PRNewswire/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") reports on its financial and operating results for the fourth quarter ("Q4") of 2017 and for the 2017 fiscal year. The full version of the financial statements and accompanying management
For Santacruz Silver Mining Ltd's (TSXV:SCZ) shareholders, and also potential investors in the stock, understanding how the stock's risk and return characteristics can impact your portfolio is important. There are two types of risks that affect the market value of a listed company such as SCZ. The first type is
The mine was then closed due to weak silver prices and it remained so until 2008, Raimount Energy, an oil and gas company that had previously acquired junior explorer Pacific Cassier and its Porter Idaho property, reassessed the historic work and updated Prosperity-Porter Idaho's resource. In 2012, the
The decrease reflects a 14 percent decrease in tonnes milled combined with a 66 percent decrease in silver head grade. The decreased tonnage milled reflects inconsistent availability of mining equipment due to mechanical failures that were not remedied on a timely basis because of working capital
In addition to the $2.7 million cash balance at March 31, 2018, the Company expects to receive approximately $4.5 million in net operating margin from the lease of the oxide plant and an additional $0.5 million from the farm-out agreement with Santacruz Silver Mining during the next 12-month period
Fortuna is a growth oriented, precious metal producer with its primary assets being the Caylloma silver mine in southern Peru, the San Jose silver-gold mine in Mexico and the Lindero gold Project in Argentina. The company is selectively pursuing acquisition opportunities throughout the Americas and in
The historic Hector Calumet mine, 1 km northeast of Bermingham, produced about 96 million oz. of silver. A third surface drill rig is to be added mid-summer. Bermingham resources were estimated in 2012 to be 257,000 indicated tonnes grading 460 g/t silver, 2.00% lead and 2.10% zinc plus 102,000
We were also able to increase our silver production in 2017 by 0.87% despite the fact that the Zgounder Mine's water supply pipelines were washed out following unusually heavy rainfall for approximately two months. The exercise of 28,016,217 warrants in 2017 infused over $6.2 million of positive capital
TORONTO, ON--(Marketwired - March 13, 2018) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) and First Majestic Silver Corp. ("First Majestic") (TSX: FR) ( NYSE : AG) are pleased to announce that Primero's shareholders have voted in favour of the arrangement transaction (the "Transaction") at a special
Shares of Maya Gold and Silver fell 28 ? to $2.13. Maya has assets in Morocco where it is focused on its 85% owned Zgounder silver mine. The mine began milling in July 2014 and poured its first silver in August of the same year. As of December 2017, Maya had produced 1.35 million oz. silver at Zgounder
Silver, when compared to the price of gold, is overdue for a rebound, said Eric Fier, CEO of SilverCrest Metals."If you look at the gold-silver ratio...we're at 80 to 1 right now. The last bear market, that was the bottom too, so I got the feeling we're looking at a pretty good recovery," Fier told Kitco News on the
This volcanic unit hosts several prolific gold producers in Northern Peru including Newmont's Yanacocha and Barrick's Laguna Norte and Pierina mines. Gold-Silver mineralization on the property is considered to be similar to the past producing Machacala Au-Ag and the current producing Salpo Mine
"It's easy for some environmentalists to condemn mining," says Beaty. "But it's not strip mining. We make a hole and most of the work is underground. We mostly do the work where there is very little or no biodiversity. We fill the hole back up when we're done. Where do they think they get the metal for their