miércoles, 19 de septiembre de 2018

Tahoe’s Escobal mine license to remain suspended

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Silver News Digest
Thursday 20 September 2018
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Guatemala's highest court ruling says mining operations will be suspended until government carries out consultation of the local indigenous people.

The asset, discovered in 2006, is expected to produce to 4.6 million ounces of gold over a 15 year mine life. That's 73,000 ounces more than what was indicated in the previous estimate.

Polyus.

Miner is mulling ways to mitigate the impact of Argentine President Mauricio Macri's surprise decision to impose a temporary tax on all exports to strengthen the country's ailing economy.

Vancouver- based GT Gold Corp.'s (TSX.V: GTT) stock is trading at $0.75 following an announcement of a major new discovery.

Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.

Yancoal Australia was on top.

BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.

Developers want to ease up geologists' work.

If it goes ahead, the Rock Creek Mine would be built beneath the Cabinet Mountains Wilderness.

The provincial authority issued a statement after learning that the reopening of the mine will create 3,600 jobs.

Decision comes two weeks after the country's top court kept in place a more than 14-month suspension of operations at the company's Escobal silver mine.

After a vicious selloff precious metals have stabilized. Its not a surprise given the breadth and sentiment extremes we noted and had predicted earlier.

Serbia's government said it was seeking a partner to invest at least $350 million in debt-laden RTB Bor.

The gold-to-silver ratio has now spiked above 85, which is the highest level of this entire 18-year bull market.

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