After travelling to Southeast Asia, Central America and Europe, Haley Stavert packed up her car and moved to Vancouver in February 2010, searching for something new and exciting. Unfortunately the car only made it 20 minutes outside of Edmonton. Undiscouraged, Haley made it to Vancouver and has loved every second of living on the West Coast. Haley joined the Investing News Network team in October 2011 as executive assistant and researcher and looks forward to expanding her knowledge in a new industry.
In Southern Mexico, Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) has been slowly and steadily building its San Jose Mine, moving it from an exploration project to a growing commercial silver and gold producing mine
TVI Pacific Inc. has released audited, consolidated financial and operational results for the year ended December 31, 2012. This press release should be read in conjunction with the audited consolidated financial statements that have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and management’s discussion and analysis for the years ended December 31, 2012 and 2011.
Fresnillo PLC, a Mexican precious metals miner cut its dividend by nearly half after reporting falling net profit Tuesday due to lower silver prices which more than offset higher gold prices and output.
Coeur d’Alene Mines Corporation (NYSE:CDE,TSX: CDM) has provided an update on the path to completion of its previously announced binding stock and cash proposal to acquire all of the issued and outstanding common shares of Orko Silver Corp. (TSXV:OK).
As of yet this year silver prices appear to be range trading at around the $30.00/oz level. Gold prices have been under considerable selling pressure which in turn has tended to cap any rally that silver could muster.