Fresnillo silver, gold output jump on San Julian ramp up, higher ores

Having trouble viewing this email?  View online Silver News Digest Thursday 17 August 2017 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Fresnillo silver, gold output jump on San Julian ramp up, higher ores For the three months to June 30, silver production totalled 14.5 million ounces, a 12% rise from last year, while gold output was 223,000 ounces, up 2.7% from a year earlier. read » Gold rush in Nicaragua — production doubles in little over 10 years Last year, the nation produced over 267,000 ounces of gold, significantly more than the 109,200 ounces it generated in 2006. read » Artisanal miners' protests heat up in Colombia They are protesting against expansion plans by Zandor Capital, a subsidiary of Canadian-based Gran Colombia Gold, and also in opposition to Bill 169 read » Anglo Asian soars after boosting reserves at Ugur gold project Azerbaijan's top gold producer will begin production there next month. read » Ancient coins show how empire shifted from Carthage to Rome A study of Roman coins has shown how the defeat of Hannibal and the Carthaginian empire led to coinage spreading across the Roman Empire from silver mines in Spain. read » Sabre rattling props up gold "Military solutions are now fully in place, locked and loaded". read » Seabed mining approved in New Zealand despite environmentalists' concerns Trans-Tasman is now allowed to recover resources from the country's Exclusive Economic Zone read » Snow, soil and trees could help detect mineral deposits in Canada A team of geologists is using a series of techniques to identify halogens, commonly associated mineral deposits, in organic materials read » McEwen grows gold production 50% with Timmins buy Toronto-based gold miner acquires Black Fox mining complex in northern Ontario from Primero Mining for $35m. read » Tahoe ceases dividend and suspends company-wide guidance due to uncertainty in Guatemala The Vancouver-based miner seems to be handling the situation well, as officials announced Wednesday that balance sheets "remains strong" read » AbraPlata hires Canadians and Australians to undertake PEA at Diablillos The junior miner wants Toronto's Roscoe Postle Associates and Perth's GR Engineering Services to undertake a Preliminary Economic Assessment of its Diablillos silver-gold project read » More than 21,000 mining jobs on the line in South Africa Workers call the situation "a jobs bloodbath" read » Greece to kick off arbitration process over Eldorado Gold's project Authorities seek to settle differences with the Canadian miner over Skouries, one of the gold projects the firm is currently developing in northern Greece. read » Argentina's Supreme Court to hear case on Barrick's mine A federal court in Argentina has ruled that the country's Supreme Court should evaluate the government's request to suspend operations at Barrick Gold Corp's Veladero mine read » Caterpillar in search of new CFO as Halverson to retire next year Brad Halverson has spent nearly three decades with the mining and construction equipment maker. read » Anaconda positive about drilling results in Nova Scotia Multiple occurrences of visible gold and assays with high-grade tenor were observed in their five-hole diamond drill program read » Concern in Mexico over gold exploration near nuclear plant Vancouver-based Candelaria Mining was allowed to continue exploration at the Caballo Blanco gold project read » Lucky Minerals allowed to explore for gold near Yellowstone National Park The Vancouver-based company plans to explore an area located within the privately-owned St. Julian mine claim block read » Caterpillar earnings beat estimates, shares hit five-year high This is the second time this year the equipment giant boosts sales and profits forecast. read » Luxembourg shoots for the stars with fresh space mining deal The country's ultimate objective is to have its own space mining agency by the end of the year. read » BHP $2.5bn expansion of Spence copper mine in Chile approved Company will make a decision on the plan in August. read » Peruvian Conga gold mine to stay closed until further notice The Peruvian giant is focusing on extending the working life of the Yanacocha gold mine read » BHP presses for cheaper power ahead of Olympic Dam mine expansion BHP Billiton is looking for ways to shore up power supply and bring down power costs at its Olympic Dam copper mine in Australia, as it plans to expand following a string of electrical outages, the mine's head said on Friday. read » LBMA shines a light on the gold in London's vaults This is the first time the London Bullion Market Association makes such data public. read » Bitcoin can't match gold as inflation hedge: Morgan Stanley Though it is better than bullion and probably even better than conventional fiat currencies as a medium of exchange. read » Precious metals nearing breakout The outlook for precious metals has changed quite a bit over the last month. read » Read 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