Commodity Online reports silver rallies on the market. Silver opened at 1736/1740 in New York and traded within a relatively tight range for most of the morning, but briefly slid to a low of 1723/1727. However, the metal quickly rebounded to a high of 1745/1749 before pulling back. It continued to trade within a ten [...]
Metalline Mining reports that a new resource model has been completed on the Sierra Mojada, Coahuila, Mexico Oxide Zinc mineralization. The new model was completed by world-recognized Pincock, Allen, and Holt, and more than doubles the amount of zinc present in the deposit. The current model incorporates new drilling results and a complete suite of silver [...]
Apex Silver Mines will report its second quarter 2008 financial results on Tuesday, August 12, 2008, before the ASE opens for trading. A conference call and live webcast have been scheduled for the same day at 10 a.m. Eastern time. Conference Call and Webcast Information Dial-In Numbers: Toll free dial-in number (US and Canada): (877) 726-1735 [...]
MAG Silver Corp. reports new assay results from Valdecanas Vein for Holes OF and QF. Hole QF returned 578 grams per tonne (g/t) (16.8 ounces per ton (opt)) silver, 3.85 g/t gold, 5.55% lead and 6.36% zinc over 6.20 metres (true width). This also includes a high grade gold intercept of 271 g/t (7.9 opt) silver, 9.13 [...]
Minco Silver Corporation reports Mr. Christopher Zahovskis has been appointed as Chief Operating Officer for Minco Silver. Mr. Zahovskis will be based at the Head Office in Vancouver, Canada and will be responsible for the day-to-day operations of the Company. Mr. Zahovskis graduated from Queen’s University, Canada, with an Honors B.Sc. in Mining Engineering. He [...]
U.S. Silver Corporation reports June silver production was 161,000 ounces which is 37% higher than average monthly production in the 1st quarter 2008. The mine averaged 879 tons per day in June, an increase of 260% compared to the 2007 average of 338 tons per day and a 198% increase as compared to 1st quarter [...]
Bloomberg.com reports silver rose as higher energy costs & dollar weakening boosted demand for the metals. Silver futures for September delivery rose 8.5 cents, or 0.5 percent, to $17.46 an ounce. The metal dropped 4.5 percent last week. Frank McGhee, the head dealer at Integrated Brokerage Services LLC in Chicago says: “The news in Nigeria boosting oil, [...]
By Melissa Pistilli – Exclusive to SilverInvestingNews.com On Wednesday, I expressed my dismay over silver’s steady decline after the big gains I had excitedly witnessed over the last couple weeks. But still, I remain optimistic that the precious metal will rebound from this latest set-back. Obviously, exorbitant prices at the pump do deflate demand and [...]
Avino Silver & Gold Mines Ltd. reports the completion of the first NI 43-101 resource calculation from the company’s San Gonzalo deposit, Durango, Mexico. The inferred resource, compiled by Dave Gunning, P.Eng., of Orequest Consultants Ltd. (“Orequest”), concerns the San Gonzalo vein only. Orequest estimated the resource contained 4.75 million ounces of silver and 37,300 ounces [...]
Golden Goliath Resources Ltd. reports the diamond drilling and underground work at Uruachic mining camp, Chihuahua Mexico have encouraging results. Very encouraging results are starting to be returned at Las Bolas, with an entirely new, high grade target being developed in the area of the old El Manto mine on the western side of the property. This [...]
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