miércoles, 21 de noviembre de 2018

Pan American-Tahoe: A new silver giant is born

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Silver News Digest
Thursday 22 November 2018
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Pan American, already the world's second-largest primary silver miner, will double its reserves with the $1B acquisition of Tahoe Resources.

The company's chief financial officer has outlined a detailed plan on how to not waste a whole lot of shareholders' money again.

Deal with the Alaska Peninsula Corporation (APC) secures the company's right to use defined portions of APC lands to build and operate roads for the stalled Pebble copper-gold-silver project.

"This constitutes a first step towards the production of novel electrodes for highly efficient solar cells and lights."

Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the previous $9 million.

The nine mines, six of which are nickel operations, have been shut since 2017 as part of an environmental crackdown on the sector.

Adjusted net earnings were $35 million, a 49% drop from $67 million in net earnings in the third quarter of 2017.

Bunker Hill Mining terminated its lease and option agreement to acquire the Bunker Hill zinc-lead-silver mine in Idaho after missing US$400,000 in property payments

In the past two years, Cat has been working on growing its offering, particularly in the underground segment, as well as filling up some gaps in terms of trucks sizes.

Golden Reign acquired all of Marlin's shares.

An average of $36.9 billion of gold changed hands each day in the city's over-the-counter market.

The Columba silver project has not been systematically explored since the Mexican Revolution.

The Melbourne-based miner is interested in the Highland gold/silver project, located within the Walker Lane Gold trend.

The Vancouver-based miner acquired Altos De Punitaqui, a producing copper-gold operating company.

The company estimated that project expenditures in 2018 to total between $110 million and $130 million.

Drilling is set to resume at Florida Mountain in the first half of 2019 and is fully funded.

Queensland state is set to unveil proposed resource regulations that will require miners to pay into an "insurance fund" for the remediation of old mines.

From now on, Aston Bay will own exclusive rights to the copper-lead-zinc-gold-silver Blue Ridge Project.

Barachois is a sedimentary hosted vanadium-selenium-silver-lead-zinc prospect that covers 1,801 hectares.

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