General Metals Corporation announced that the Company’s highly successful 2007 – 2008 Phase 1 drilling program at the Wilson Independence Mine in the Battle Mountain Mining District of Nevada identified significantly more mineralized material than originally anticipated and provides guidance to the Company’s planned activities to advance engineering and permitting in the ramp up for near [...]
Golden Tag Resources Ltd. and ECU Silver Mining Inc. are pleased to announce the filing of the Independent NI 43-101 compliant technical report on their jointly held (50-50) San Diego Project in Durango State, Mexico. Micon International believes: The land package within the San Diego project is highly prospective both along strike and down dip of [...]
Retail investment through coins and bars has remained resilient, contributing nearly 5% to the total demand. For full story, click here
From the beginning of latest commodity boom since 2003, there have been several instances when the wider swings in silver prices seemed to imitate the fluctuation in copper prices. During the period, silver prices have lost nearly 50% and copper lost 55%. For full sory, click here
Silver has failed to emerge as a safe haven for investors like gold. While among precious metals, gold is always believed to meet investors’ aspiration, silver was also seen as a store of value and considered to be one of the prominent precious metals. For full story, click here
It seems silver, which used to work in tandem with gold, has detached itself from the yellow metal and chartered a new course along with copper — towards a downfall. For full story, click here
BacTech Mining reports improved metal recoveries from sample of tailings taken from the Castle Mine tailings deposit, Ontario. Highlights of this round of test work include substantially improved recoveries of arsenic, with tests achieving over 92% recovery into the concentrate. In addition, gold, silver, and cobalt recoveries averaged in excess of 76%, much higher than the initial results [...]
The silver faces a difficult year, as falling global demand and collapsing prices sink sales. For full story, click here
Prices may face immediate support at around Rs19,000 and then Rs18,850 level. On the other hand, prices may face immediate resistance at around Rs19,500 and then Rs19,800 level is very important. For full story, click here
The long position at Rs 8,350 level has achieved its second profit objective of Rs18,850 level. For full story, click here
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