https://www.miningweekly.com
R/€ = 18.5598 Change: -0.1795
R/$ = 16.9523 Change: -0.0896
Au 1946.04 $/oz Change: -4.32
Pt $/oz Change:
 

Silver News

Fresnillo meets 2022 guidance

By: Donna Slater     25th January 2023 London-listed Fresnillo has met its 2022 guidance, producing 53.7-million ounces of silver and 635 900 oz of gold from its mines in Mexico. Silver production was slightly above 2021’s output, with production from the Juanicipio mine and increased volumes of ore processed at Fresnillo, both in the... 

PFS shows higher output, expansion potential for Discovery’s Mexico silver project

By: Tasneem Bulbulia     25th January 2023 TSX-V-listed Discovery Silver is “extremely pleased” with the results of a prefeasibility study (PFS) on its 100%-owned Cordero silver project, in Chihuahua state, Mexico, CEO Tony Makuch says. “The PFS positions Cordero uniquely in the silver developer space with a long mine life of 18 years and... 

Tony Makuch appointed CEO of Discovery Silver

By: Creamer Media Reporter      24th January 2023 Seasoned mining executive Tony Makuch has been made permanent CEO of TSX-V-listed Discovery Silver, which is developing the the Cordero project, in Mexico. He has been interim CEO of the company since June last year. 

Study into US battery-grade manganese production making headway - South32

By: Mariaan Webb     23rd January 2023 Australia-headquartered South32 is progressing plans to potentially produce battery-grade manganese at its Hermosa project, in Arizona, with work on the selection phase of the prefeasibility study (PFS) of its Clark manganese/zinc/silver deposit now complete. Although the PFS selection study... 

Green hydrogen mine mobility on way in India to platinum applause

By: Martin Creamer     19th January 2023 India has opted for hydrogen fuel-cell heavy-duty mine truck mobility in a green initiative that will have platinum group metals (PGMs) miners applauding. This is because the clean emission-free power will come from proton exchange membrane PEM technology, which is PGM-enabled. 

Anglo American's large nuGen zero emissions haulage solution.
Photo by Creamer Media
Anglo American's large nuGen zero emissions haulage solution.

Sorby Hills to cost A$245m

By: Esmarie Iannucci     19th January 2023 The definitive feasibility study (DFS) into the Sorby Hills lead/silver/zinc project, in Western Australia, has estimated that the project would require a capital investment of A$245-million. ASX-listed Boab Metals on Thursday reported that over an initial eight-and-a-half-year mine life, some... 

Aya announces $70m bought deal financing

By: Creamer Media Reporter      18th January 2023 Canada-based silver producer Aya Gold & Silver has announced a $70-million bought deal offering of shares to advance its exploration programmes and the expansion of its Zgounder project, in Morocco. The company has entered into an agreement pursuant to which Eight Capital and Desjardins Capital... 

Pan American and Yamana announce preliminary results

By: Mariaan Webb     18th January 2023 Pan American and Yamana Gold, which are pursuing a business combination in a deal also involving Agnico Eagle Mines, on Tuesday announced their respectively preliminary production results for 2022, with the miners delivering results that are in line, or above, their targets. Pan American... 

Aterian undertakes survey of copper/silver project in Morocco

By: Darren Parker     16th January 2023 London-listed critical metal-focused exploration and development company Aterian has undertaken a review of an induced polarisation (IP) gradient array and high-resolution IP (HIRIP) geophysical survey at its Agdz copper and silver project, in Morocco, located 14 km southwest of the Bouskour... 

Lithium sales from South Africa on track to begin this month, Marula Mining reports  

By: Martin Creamer     12th January 2023 Sales of lithium processed out of stockpiles at the Blesberg project in the Northern Cape are expected to commence this month. “We’re on track for the first delivery of a thousand tons through to the offtake party that we’ve contracted with,” Marula Mining CEO Jason Brewer told Mining Weekly in a... 

Marula Mining CEO Jason Brewer.
Marula Mining CEO Jason Brewer interviewed by Mining Weekly's Martin Creamer.

Platinum-boosting clean hydrogen projects, patents are all the rage 

By: Martin Creamer     11th January 2023 The implementation agreement for Namibia’s planned multibillion-dollar Hyphen Hydrogen Energy project is scheduled to commence in the first quarter of this year, Namibia President Hage Geingob revealed in his 2023 New Year’s message. Egypt has granted approval for two green hydrogen projects in... 

Clean hydrogen patent innovation is all the rage, say IEA and EPO.
Clean hydrogen patent innovation is all the rage, say IEA and EPO.

Peel reports resource estimate in NSW

By: Esmarie Iannucci     10th January 2023 Junior Peel Mining has reported a mineral resource estimate of some 20-million tonnes, containing 216 000 t of copper, 322 000 t of zinc, 151 000 t of lead, 22-million ounces of silver and 204 000 oz of gold for its South Cobar project, in New South Wales. The company this week told shareholders... 

Excellon to acquire past-producing Mexico silver mine

By: Mariaan Webb     10th January 2023 Toronto- and New York-listed Excellon Resources will acquire the past-producing La Negra mine, in Mexico, from an entity owned by investment fund manager Orion Resources. Excellon will buy the project for a total consideration of $50-million, paid through upfront payments totalling $20-million... 

Enable South Africa to become green hydrogen centre – ANC

By: Martin Creamer     9th January 2023 Enabling South Africa to become a green hydrogen centre through government support is highlighted in the January 8 Statement 2023 of the National Executive Committee (NEC) of the African National Congress (ANC). "The ANC recognises important work in the Hydrogen Roadmap and directs government to... 

Cover image of 22-page ‘Year of Decisive Action’ document to mark ANC’s 111th anniversary.
Cover image of 22-page ‘Year of Decisive Action’ document to mark ANC’s 111th anniversary.

Vizsla enters into binding strategic investment agreement with Prismo Metals

By: Creamer Media Reporter      20th December 2022 Canadian mineral exploration and development company Vizsla Silver Corp has entered into a binding strategic investment agreement with Prismo Metals. Under the terms of the definitive agreement, the Vizsla will make a strategic investment of C$2-million in Prismo, in exchange for four-million... 

Trevali identifies buyer for Rosh Pinah stake

By: Creamer Media Reporter      19th December 2022 Embattled base metals miner Trevali Mining will sell its 90% interest in the Rosh Pinah mine, in Namibia, to Appian Natural Resources Fund III and Appian Natural Resources (UST) Fund III. This forms part of a court-sanctioned sales process, initiated in September, for Trevali’s interest in Rosh... 

Aurelia sets end date for Hera

By: Esmarie Iannucci     19th December 2022 ASX-listed Aurelia Metals on Monday announced plans to permanently cease commercial production at its Hera underground mine, in New South Wales, towards the end of March next year. The company told shareholders that the cessation of mining would be earlier than previously planned, however,... 

Aurelia to shut Hera underground

By: Esmarie Iannucci     19th December 2022 ASX-listed Aurelia Metals on Monday announced plans to permanently cease commercial production at its Hera underground mine, in New South Wales, towards the end of March next year. The company told shareholders that the cessation of mining would be earlier than previously planned, however,... 

Endeavour reports 600Moz resource at Pitarrilla

By: Creamer Media Reporter      12th December 2022 Precious metals mining company Endeavour Silver has filed a technical report for the recently acquired Pitarrilla project, in Mexico, which provides an independent estimate of the project’s mineral resources. CEO Dan Dickson reports that Pitarrilla has a verified resource of newly 600-million... 

Golden Tag to buy First Majestic’s Parrilla silver mine

By: Mariaan Webb     8th December 2022 TSX-V-listed Golden Tag Resources on Wednesday announced the acquisition of the former producing La Parrilla silver mine, in Mexico, from First Majestic Silver for $33.5-million. The La Parrilla mine was First Majestic’s first silver mine and produced 34.3-million ounces of silver-equivalent... 

Anglo invests $200m to accelerate zero emissions haulage solution 

By: Martin Creamer     7th December 2022 Diversified mining company Anglo American has signed a binding agreement with First Mode, the specialist engineering technology company it partnered to develop the nuGenTM technology. The agreement is intended to accelerate the commercialisation of the climate-friendly truck and includes Anglo... 

Powerline connection to SilverCrest’s Las Chispas mine completed

By: Darren Parker     1st December 2022 Metals exploration and production company SilverCrest has reported that the final permanent connection of a 33 KV electrical powerline to its Las Chispas silver mine in Sonora, Mexico, has been completed. "We are satisfied that the powerline is finally complete and fully energised to ensure... 

Thor Explorations posts $4.1m net profit for the third quarter

By: Schalk Burger     30th November 2022 Aim-listed mineral exploration company Thor Explorations (THX) says gold sales generated revenue of $55.7-million for the quarter ended September 30, and $121.9-million for the nine months ended September 30. The company achieved net profit of $4.1-million for the quarter and $10.4-million for... 

SilverCrest refinances $120m project facility

By: Mariaan Webb     30th November 2022 Vancouver-headquartered SilverCrest has refinanced its $120-million secured project facility, of which it had drawn $90-million, with a new senior secured credit facility through a syndicate of lenders comprising The Bank of Nova Scotia and Bank of Montreal. The new $120-million credit facility... 

Strong call for rapid green hydrogen investment by ramp-up backer 

By: Martin Creamer     30th November 2022 A strong call for final investment decisions (FIDs) on a multiplicity of green hydrogen projects was made at the South Africa Green Hydrogen Summit in Cape Town yesterday by H2Global, a market ramp-up instrument that serves as an innovative form of subsidy scheme to smooth out bumps along green... 

Taking part in the South Africa Green Hydrogen Summit panel discussion are (from left to right) facilitator Lorato Tshenkeng, Timo Bollerhey, Till Mansmann, Sasol’s Gosiame Khoele, and Tobias Bischof-Niemz.
Photo by Creamer Media
Taking part in the South Africa Green Hydrogen Summit panel discussion are (from left to right) facilitator Lorato Tshenkeng, Timo Bollerhey, Till Mansmann, Sasol’s Gosiame Khoele, and Tobias Bischof-Niemz.

Silver heading for multi-decade high deficit in 2022 – report

By: Creamer Media Reporter      28th November 2022 The global silver market is forecast to record a second consecutive deficit in 2022, with a multi-decade supply gap of 194-million ounces forecast as demand is set to rise to a new high this year. According to the Silver Institute’s recently released ‘Interim Silver Market Review’, global demand... 

South Africa’s mining market is dynamic and fast-moving, Siemens Large Drives finds  

By: Martin Creamer     25th November 2022 South Africa is a super dynamic and super fast-moving market, says Siemens Large Drives global solutions head Oliver Beck, who has just completed a week of discussions with customers to highlight sustainability solutions for mining. From his perspective, South African mining economy is at the... 

Siemens Large Drives global solutions head Oliver Beck.
Siemens Large Drives' Oliver Beck, Tim Walwyn talk to Mining Weekly's Martin Creamer. Video: Nicholas Boyd, Shadwyn Dickinson. Video Editing: Darlene Creamer. Pictures: Donna Slater.

Vizsla plans a strategic investment in Prismo Metals

By: Creamer Media Reporter      25th November 2022 TSX-V- and NYSE-listed Vizsla Silver is planning to make a strategic investment in CSE-listed Prismo Metals, with its eye on the Palos Verdes project as part of the consolidation of its land position in the Panuco-Copala district, in Mexico. Vizsla has entered into a nonbinding letter of intent... 

South Africa’s crime crisis ruling out economic growth, sustainability discussion hears  

By: Martin Creamer     23rd November 2022 South Africa’s economic paradox is that it cannot grow economically if it has a burgeoning crime crisis but it is unable to solve the burgeoning crime crisis if it is not growing. That was the opening comment of outgoing Mineral Council South Africa CEO Roger Baxter, who anchored the second of... 

Roger Baxter.
Roger Baxter.

Platinum moving into meaningful deficit amid emergent source of new end-demand 

By: Martin Creamer     22nd November 2022 Platinum is moving into meaningful deficit amid an emergent source of new end-demand in the form of green hydrogen. The 2022 surplus of 804 000 oz is projected to move into a deficit of 303 000 oz in 2023, according to the Platinum Quarterly of the World Platinum Investment Council (WPIC) for the... 

World Platinum Investment Council director of research Edward Sterck.
World Platinum Investment Council Director of Research Edward Sterck interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Aterian appoints new CFO

By: Darren Parker     16th November 2022 London-listed critical and strategic metal-focused exploration and development company Aterian has appointed UK-based chartered accountant Graham Duncan as its new CFO, with immediate effect. Duncan has more than 25 years of capital markets experience. He also holds a Corporate Finance Diploma... 

Top green hydrogen/fuel cell collaboration boost for platinum-group metals 

By: Martin Creamer     16th November 2022 A joint development agreement struck between global majors Nel Hydrogen US and General Motors is expected to speed up the development of green hydrogen technology that is competitive with fossil fuels.  The aim of agreement is to help accelerate the industrialisation of Nel’s proton exchange... 

Green hydrogen and fuel cell collaboration announced by Nel and General Motors of the US.
Green hydrogen and fuel cell collaboration announced by Nel and General Motors of the US.

Triple Flag reports stable third-quarter performance

By: Donna Slater     8th November 2022 TSX- and NYSE-listed gold-focused, emerging senior streaming and royalty company Triple Flag Precious Metals sold 19 523 gold-equivalent ounces (GEO) in the third quarter, down slightly from the 20 746 GEO sold in the corresponding period in 2021. Of this, gold comprised 11 918 GEOs and silver 6... 

Investment needed for outgoing coal, incoming renewables, impacted communities, Mapungubwe highlights 

By: Martin Creamer     8th November 2022 With South Africa having committed to transition away from coal, investments will not only be required for the retiring of coal plants and the ramping up of renewable energy, but also for coal communities, who will require alternative economic development plans to sustain the livelihoods of all... 

President Cyril Ramaphosa arriving in Egypt for COP27.
President Cyril Ramaphosa arriving in Egypt for COP27.

Las Chispas commercial production declared

By: Creamer Media Reporter      8th November 2022 TSX-V-listed SilverCrest Metals has declared commercial production at its Las Chispas mine, in Mexico, having achieved a continuous two-month period operating the processing plant at a minimum capacity of 80%. The plant’s nameplate design capacity is 1 250 t/d or 1 000 t/d. 

Aterian appoints new COO

By: Donna Slater     8th November 2022 Critical and strategic metal-focused explorer and developer Aterian has appointed Luke Rogers COO with effect from November 1. He has over 14 years of international mining experience – working across multiple mining disciplines ranging from production mine engineering to mineral processing... 

Aterian announces high-grade copper, silver discovery in Morocco

By: Darren Parker     4th November 2022 LSE-listed exploration and development company Aterian has discovered high-grade copper and silver on its recently acquired Azrar project, in Morocco. The project, which covers an area of 78.4 km2, is held by Aterian’s 100%-owned subsidiary Aterian Resources. 

Green hydrogen truck trials going well – Anglo 

By: Martin Creamer     1st November 2022 The 500 t world-first haulage truck powered by green hydrogen last week underwent fully loaded trialling that included tipping into the crusher at Anglo American Platinum's Mogalakwena platinum group metals mine in Limpopo. “The trials all went well,” Anglo American group technical director Tony... 

Clockwise from top left are Duncan Wanblad, Tony O’Neill, Stephen Pearce and Hilton Ingram.
Photo by Creamer Media
Clockwise from top left are Duncan Wanblad, Tony O’Neill, Stephen Pearce and Hilton Ingram.
1
2 3 4 5 6 7 8 9

Latest News

more

Latest Videos

more

Press Office

more

 
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now