Dia Bras Exploration Inc. announced that it will not file its annual financial statements for the fiscal year ended December 31, 2008 and the related management’s discussion and analysis by the legal deadline of April 29, 2009. For full story, click here
Nanika Resources Inc. announced a multiphase exploration program on the Indi Property located approximately 24 kilometres north of Stewart, British Columbia. For full story, click here
London listed Mexican silver producer Fresnillo mines were reported to be opened despite the worsening outbreak of swine flu. Octavio Alvidrez, head of investor relations, stated: Fresnillo remains vigilant regarding the outbreak of swine flu. We have taken all appropriate precautionary measures, including postponing all non-essential travel. For full story, click here
Silver Falcon Mining, Inc. announced updates on the current status of both its mill building construction and its United States Securities and Exchange Commission 1934 Exchange Act registration. Pierre Quillam, CEO, stated: This has been an arduous process getting the mill and registration completed. After numerous delays on both fronts, the mill and registration issues [...]
Peruvian miner Buenaventura declared that it expects its gold and silver output to surge this year despite lower global metal prices. For full story, click here
Silver futures on Wednesday dipped by 0.23 per cent on the Multi Commodity Exchange following speculative selling by traders, triggered by weakening trend in the world market. For full story, click here
After dipping almost 60% from its March 2008 peak of $21/ounce, silver appears to be on the rebound: Silver gained 24% back in the first quarter of 2009. For full story, click here
PowerShares DB Silver Fund declared that it has closed yesterday at $22.33. So far DBS has hit a 52-week low of $14.81 and 52-week high of $35.69. DBS has been showing support around 22.05 and resistance in the 22.55 range. For full story, click here
Impacted by the current slowdown and overall state of the global economy, the silver market has moved into extremely unusual territory over the last year. For full story, click here
Arian Silver Corp. will defer further exploration activity until we have adequate funding to support the programmes that we would like to implement. For full story, click here
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