Silver’s Thursday Rally Inspires Some Cautious Optimism
Silver prices declined for much of the week, but today's uptick has some experts thinking that improvement is on the way.
Silver prices declined for much of the week, but today's uptick has some experts thinking that improvement is on the way.
Its share price may be down, but Fortuna Silver Mines still holds value.
Endeavour Silver recently produced a video that highlights how silver and silicon are used to make solar panels.
While silver had a hard time keeping above $24 this week, increased physical demand has caused US Mint shortages.
Alexco Resource Corp. (NYSE:AXU,TSX:AXR) reported that it has received the a Water Use Licence amendment from the Yukon Water Board for the Onek and Lucky Queen mines in the Keno Hill Silver District in Yukon.
The Financial Post reported that Liberty Silver's financial woes are continuing, as results released this week suggest that they need to raise more capital soon.
Huldra Silver Inc. (TSXV:HDA) provided updates from the drilling program at the Treasure Mountain Mine in B.C.
Yellowhead Mining Inc. (TSX:YMI,OTCQX:YHMGF) announced results from the completed winter drill program on its Harper Creek property. Highlights include 0.39% Cu over 108.77m commencing at a depth of 237.42m intersected in Hole HC13-161. As quoted in the press release: These results continue to confirm the block model prediction of grades while tightening up the drill [...]
Kootenay Silver (TSXV:KTN) President and CEO, James McDonald spoke with the Investing News Network during PDAC in Toronto on the Company's flagship Promontorio project.
Sunset Cove Mining (TSXV:SSM) CEO Lorne Woods spoke with the Investing News Network during PDAC in Toronto on their "fantastic opportunity" and focus in Peru. In 2013, the Company is working on financing, further drilling and a resource calculation and NI 43-101 report for the Carolay property.
Trevali Mining (TSX:TV) VP Investor Relations and Corporate Communications Steve Stakiw spoke with the Investing News Network at PDAC in Toronto on milestones in 2013 and on zinc fundamentals looking very bullish due to a crunch in supply.
NSX Silver (TSXV:NSY) Chairman and CEO, Hans Van Hoof spoke with the Investing News Network during PDAC 2013 in Toronto. NSX Silver went public just over a year ago and starting drilling at its main project - the Dios Padre project in Sonora, Mexico in 2012. NSX plans to carry out the second phase of its Dios Padre drill program in early summer 2013.
The Deutsche Welle reported that silver skirted lows not seen since September 2010 in Monday trading.
The Wall Street Journal reported that although silver prices fell 9 percent, hitting a low of $20.25, in the first 10 minutes of electronic trading today, by midday the white metal had climbed 4 percent, to $23.24.
Silver fell to $22 an ounce today, a decline of $0.528. Earlier in trading, silver declined to $20.84, the lowest price seen since September 2010, Reuters reported.
The Financial Post reported that silver tracked gold down, registering significant declines.
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