Santacruz Silver Resumes Operations at Rosario Mine

Santacruz Silver Resumes Operations at Rosario Mine

Santacruz Silver Mining is back in business after officially announcing that it's received approval from Mexican environmental regulatory authorities PROFEPA and SEMARNAT to resume operations at its Rosario mine.

Levon Resources Takes on Hepatitis B

The company announced Friday that it has entered into an arrangement agreement that will see it acquire SciVac, a private company.

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David Morgan: ‘We’re Living in a Rigged Game’

Those focused on the silver space know that for market insight one need look no further than David Morgan. Resource Investing News thus made sure to chat with him at last week's PDAC convention.

Company News

‘Challenging but Successful’ Year for SilverCrest Mines

SilverCrest Mines Inc. (TSX:SVL,NYSEMKT:SVLC) released its audited consolidated financial results for Q4 2014, as well as 2014 as a whole, noting that it recorded a net loss of $1.5 million, or $0.01 per share, basic and diluted.

Avino Silver & Gold Reports 2014 Net Income of $2,514,169

Avino Silver & Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM) released its financial results for 2014, noting that its net income came to $2,514,169, or $0.08 per share, up from $848,212, or $0.03 per share, in 2013.

Lack of Development Projects a Challenge for Silver Wheaton

In an interview with Mining Weekly, Randy Smallwood, CEO of Silver Wheaton Corp. (TSX:SLW,NYSE:SLW), said that the lack of development projects in the pipeline could hurt his company's prospects moving forward.

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Company Videos

Kootenay Silver CEO Jim McDonald Talks New Silver Discovery in Mexico

Kootenay Silver (TSXV:KTN) CEO Jim McDonald spoke to the Investing News Network at Red Cloud's pre-PDAC event in Toronto about Promontorio Silver mine in Sonora State, Mexico. In 2014, the Company made a new discovery on the property called the La Negra Breccia Silver Discovery, north of Promontorio. The La Negra system is "big silver system, potential for a low cost, leaching, open-pit operation" according to Mr. McDonald. In 2015, investors can look forward to drilling at La Negra, which started in February, and Mr. McDonald adds, "after which, we are looking to do a resource calculation."

Endeavour Silver: CEO Brad Cooke Says, “Be Patient”

Brad Cooke, founder and CEO of Mexico-focused silver and gold miner Endeavour Silver, told Silver Investing News, "if anybody's afraid of the current downdraft in the metal prices, just be patient."

Market News

Silver Price Supported by Saudi Arabian Attacks reported that silver extended its rally on Thursday, boosted by safe-haven demand spurred by Saudi Arabia's bombing of Yemen. Meanwhile, "soft US data" fueled expectations that the United States will delay a hike in interest rates.

Silver Price Breaks $17 per Ounce

On Wednesday, the silver price gained 0.8 percent to reach $17.01 an ounce, continuing its upward trend.

US Silver Jewelry Sales Rose in 2014

The Silver Institute reported that according to a survey conducted on its behalf, silver jewelry sales in the United States rose in 2014.

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