Coeur doesn't expect big output knock from Mexican stoppage

Coeur d’Alene Mines, the Idaho-based precious metals producer, on Wednesday said it did not believe an illegal strike at its Mexican Palmarejo mine would have a material impact on production. The company shut the mine and mill, which produced...

Thompson Creek studying wall slough's potential production impact

Molybdenum miner Thompson Creek Metals suffered a wall slough, or slippage, at its eponymous mine in Idaho last week, but there will not likely be a material impact on the mine plan. The TSX- and NYSE-listed company said it would review any...

Hecla profit falls on higher costs, mine disruptions

Precious metals miner Hecla Mining posted a lower first-quarter profit as it was hurt by higher costs and disruptions at some mines, but said it expects a 50% jump in full-year silver production. Silver production for the period fell 46% to...

Quarter horribilis for Thompson Creek as earnings dwindle to $1.1m

If it has been a rough ride in recent months for Thompson Creek, the Denver-based molybdenum producer, 2012’s first quarter was a bus-sized pothole. A halving of sales to 4.9-million pounds, lower prices and soaring cash costs all conspired to...

Environmental groups sue to stop coal leases in Wyoming

Citing global warming, environmental groups are asking a federal judge to call a halt in Wyoming to one of the largest coal-mining plans ever approved by the US government. In a lawsuit filed on Wednesday in US District Court in Washington, DC,...

Stonegate's prefeas gives Idaho project $179.4m NPV

The results of the prefeasibility study for Stonegate Agricom’s Paris Hills phosphate project in Idaho might arrived three months later than hoped, but they outlined the one-million-ton-a-year operation CEO Mark Ashcroft had been gunning for,...

US Silver eyes an additional 1Moz/y by late 2014

Where the market tumult over recent months has made life tough for juniors that need to raise money to keep their drill rigs turning, for existing producers with a bit of cash in the bank, it spells opportunity. “The ones that have financed...

US diversified miner finds platinum in Idaho

US-based exploration mining company Texas Wyoming Drilling’s (TWDL’s) unexpected platinum deposits discovery at its Blue Jacket gold mine in Idaho, in the US, could make it only the second miner in the US to produce viable amounts of...

Nevada claims battle heats up as Rye Patch fires another shot

In what promises to be an extraordinary David versus Goliath dust-up, Vancouver-based Rye Patch Gold on Tuesday said it had filed a lawsuit against a Coeur d’Alene Mines subsidiary to gain access to claims it argues the biggest US primary silver...

Coeur takes Rye Patch to court in claims dispute

Coeur d’Alenes Mines, the Idaho-based silver producer, said on Monday it is suing TSX V-quoted Rye Patch Gold, which earlier in the day said it had acquired claims to part of the bigger company’s Rochester mine in Nevada. According to Rye...

Coeur would mull holding silver over cash, says CEO

Idaho-based Coeur d’Alene Mines would at a future point consider holding some of its reserves in silver, as an alternative to keeping all of its money in the bank, CEO Mitchell Krebs told Mining Weekly Online on Wednesday. The silver and gold...

A year down the line, Marathon Gold team doing it again

Marathon Gold has been busy in the year since it was spun out of Marathon PGM when US-based Stillwater Mining bought the company, and aims to publish a preliminary economic assessment (PEA) of its flagship Valentine Lake project in Newfoundland by...