Callinan Mines (CVE:CAA) ongoing exploration program at Gossan Hill has intersected gold and silver mineralization for which the best assay results show in hole GOS 25, grade 9.73 grams of gold per tonne, and 6.91 grams of silver per tonne over a width of 5.75 meters.
Reuters reports that Minefinders Corp (TSE:MFL) reported higher fourth-quarter results on increased silver production, and forecast higher gold and silver production for this year.
International Minerals Corporation (TSE:IMZ) reported an updated, increased mineral resource estimate for the Inmaculada gold-silver project in Peru.
Market Watch reports that gold and silver prices in Mumbai, India’s largest bullion market, charged to all-time highs Thursday.
Bloomberg reports that as tensions in the Middle East sent the metal to a 30-year high, hedge funds boosted bullish bets on silver.
Maya Gold & Silver Inc.(CVE:MYA) announced that a development and technical sub-committee of the Board recommended the Board of Directors to proceed with the finalization for the acquisitions of 4 mining projects in Morocco
Dia Bras Exploration Inc. (CVE:DIB) reports that it has received assay results from its current drilling program at the Las Coloradas project in the Melchor Ocampo mineral district, Zacatecas State. The press release is quoted as saying: Drill hole #6 intercepted 117.4 m of skarnified limestone, which averages 59.9 g/t (1.9 ounces) silver, 1.0% lead, [...]
Wyatt Investment Research, via The Street, discusses how and when to invest in silver.
Reuters reports that Mexican miner Fresnillo will invest $800 million this year on expanding projects and exploration, rather than in new acquisitions, in its effort to become the world’s No. 1 producer of silver.
CMX Gold & Silver Corp. announced the reactivation of CMX as a junior mining exploration company and its acquisition of an exploration project in Idaho, U.S.A.. The press release is quoted as saying: CMX has acquired 100 per cent of the Clayton Silver Mine Property (the “Property”) for a cost of US $500,000. The acquisition [...]