Category Archives: Silver

Kinross Gold acquires Chukotka region mining rights

Published on March 1, 2013 by Mike Moran

Kinross Gold acquired the exploration and mining rights this week for potential high-grade gold-silver deposits in Russia’s Chukotka region. The Chukotka Mining and Geological Company, a Kinross subsidiary, won auctions entitling it to develop two gold-silver prospective areas in Russia’s … Read More »

Posted in Gold, Industry Insider, Precious Metals, Silver | Leave a comment

Russia sees increase in silver production

Published on January 14, 2013 by Mike Moran

Russia saw an increase in its silver production last year, due in part to an increase in production achieved by leading local producers and more active development of the country’s deposits. Russian Federal Service of State Statistics reports data showing … Read More »

Posted in Industry Insider, News, Precious Metals, Silver | Leave a comment

Silver Bear granted four year license extension

Published on January 10, 2013 by Fred Dukes

Silver Bear Resources, Inc., announced on Wednesday that the Russian State Subsoil Agency Rosnedra has granted the company a four year extension on its exploration license for its Mangazeisky Silver Property in Yakutia. Without the extension, Silver Bear was permitted … Read More »

Posted in News, Precious Metals, Silver | Leave a comment

Polymetal acquires Olcha gold and silver deposit

Published on December 12, 2012 by Fred Dukes

Polymetal International announced on December 11 that it has finalized a deal to acquire Olymp Ltd., a Russian company that holds mining and exploration licenses for the Olcha gold-silver deposit, in exchange for 775,000 shares in Polymetal. The Olcha mining … Read More »

Posted in Gold, News, Precious Metals, Silver | Leave a comment

Silver Bear receives certificate of first discovery, announces second quarter results

Published on August 15, 2012 by Mike Moran

Silver Bear has received a certificate of first discovery from the Federal Russian Authorities allowing it to file a formal application for a mining license at its Vertikalny deposit in Yakutia, Russia. The Vertikalny deposit contains a mineral resource estimate … Read More »

Posted in Industry Insider, News, Precious Metals, Silver | Leave a comment

Magadan Silver ordered to pay $21 million in taxes and penalties

Published on July 12, 2012 by Andrew Lair

The Magadan Silver mining company was ordered by the Supreme Commercial Court to pay $21 million in additional taxes and penalties for exporting silver at give-away prices. The decision is a reversal of the appeals court’s earlier decision between Magadan … Read More »

Posted in Industry Insider, News, Precious Metals, Silver | Leave a comment