Mexican Silver Mines Ltd. declared that it plans to hold a conference call at 8:00am, May 28th, to provide a corporate update on the Company’s proposed take over of Rio Alto Mining as announced on March 10, 2009 and background information on the La Arena Project optioned by Rio Alto as described in the Company’s [...]
Exmin Resources has confirmed that London listed Hochschild Mining had exercised its right of first refusal to buy Exmin Resource’s 30% interest in the Moris Mine Project. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News After reaching a nine-month high on Friday, the spot price for July silver on the COMEX closed down 8 cents to $14.61 an ounce Tuesday on a rebounding dollar, a slight Wall Street rally and profit-taking. But many industry analysts view this dip as merely a pullback before [...]
Kootenay Gold (CVE:KTN) reported today on more gold and silver results from trenching around the Promontorio mine in Mexico. Results returned are up to 24.9 grams per tonne gold and 269 grams per tonne silver. Jim McDonald, CEO of KTN is reported saying: The Dorotea Zone is known to contain significant values of gold and [...]
Mexican miner Penoles, which operates Latin America’s leading metals refinery, declared that it was lifting a declaration of force majeure following a strike that shut down its precious metals unit. For full story, click here
PowerShares DB Silver Fund closed yesterday at $24.80. 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 24.32 and resistance in the 25.22 range. Technical indicators are Bullish. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News On Monday, gold‘s losses and the rebound in equities halted silver’s four-day rally. A stronger U.S. stock market drew investors out of precious metals into the equities markets as the appetite for risk improved. “Safe-haven flows seem to have ebbed out of the gold market,” said Jon Nadler, [...]
Soltoro Ltd. declared that it has received an independent evaluation on a portion of the Las Bolas structure of the El Rayo Silver-Gold-Lead Project in Mexico. For full story, click here
Fronteer Development Group Inc. declared its financial and operating results for the three months ended March 31, 2009. For full story, click here
Minefinders Corporation Ltd. declared highlights of the Company’s financial and operating results for the first quarter ended March 31, 2009. For full story, click here
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