By Melissa Pistilli-Exclusive to Silver Investing News The silver spot price closed down 1.63 per cent Monday to $13.89 an ounce as gold dropped on a positive dollar. The markets are expected to be mixed during the week with a quiet Friday as both US and Canadian markets close for holidays and the start of [...]
Read the full article: "Silver’s Industrial Status Re-Emerges"
Friday, June 26, 2009
PowerShares DB Silver Fund has closed yesterday at $25.18. 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 24.94 and resistance in the 25.30 range. Technical indicators are Bullish. For full story, click here
Read the full article: "DB Silver fund closed at $25.18"
Friday, June 26, 2009
First Majestic Silver Corp. is offering for purchase 0.999 fine 1oz. silver rounds, and 5oz., 10oz. ingots and 1 kilo 32.15 ounce silver bars. For full story, click here
Read the full article: "First Majestic Silver bullion and bars in..."
Friday, June 26, 2009
Silver opened at 22372 on MCX. The metal dipped as the session started, reaching an intraday low of 22362. Stronger oil and base metal prices inspired dealers to buy the metal, carrying it from its lows. For full story, click here
Read the full article: "Stronger Energy has put Pendulum to Silver"
Thursday, June 25, 2009
Silver Falcon Mining has purchased 20 acres at the base of War Eagle Mountain and is planning to move its milling site from Melba to Murphy. For full story, click here
Read the full article: "Silver Falcon Mining will move mill locations"
Thursday, June 25, 2009
Arian Silver Corporation has announced the results of a Preliminary Economic Assessment for its San Jose Project in Zacatecas State, Mexico. Arian’s Chief Executive Officer, Jim Williams, stated: We are very encouraged by the robust economics to support contract mining and milling, illustrated by this report, at our San Jose Project. For full story, click [...]
Read the full article: "Arian Silver released independent..."
Thursday, June 25, 2009
Sabina Silver Corporation declared further favourable results from the initial 2009 drilling campaign on its 100% owned Hackett River silver-zinc project in Nunavut, Canada. For full story, click here
Read the full article: "Sabina Silver declared initial Hackett River..."
Thursday, June 25, 2009
Klondike Silver Corp. declared that recent exploration programs have discovered new silver-rich prospects while also confirming the potential of targets similar to past-producing mines within the Slocan Silver Camp of south-central British Columbia. For full story, click here
Read the full article: "Klondike Silver has sampled 420g/t Silver on..."
Thursday, June 25, 2009
Kootenay Gold (CVE:KTN) annouced today that Brian Groves has been added to the company’s board of directors. Groves’ experience includes 12 years at Placer Dome and he is currently CEO of Skygold Ventures (CVE:SKV). Groves is quoted as saying: Having just completed a visit to Kootenay’s Promontorio Silver/Gold Project, I am pleased with the results [...]
Read the full article: "Kootenay Gold adds Former Placer Dome Exec"
Wednesday, June 24, 2009
Mexican Silver Mines Ltd. declared that it has entered into a three-cornered amalgamation agreement with Rio Alto Mining Limited and a recently incorporated, wholly-owned subsidiary of Mexican Silver pursuant to which Mexican Silver has agreed to acquire all of the securities of Rio Alto. For full story, click here
Read the full article: "Mexican Silver entered definitive agreement..."
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Tuesday, June 30, 2009