The US commerce department declared that orders for durable goods slipped by 2.5% in June against 1.8% rise in the previous month. For full story, click here
Silvercorp Metals Inc. has planned to release its unaudited first quarter results for the period ended June 30, 2009, on Thursday, August 13, 2009, after the close of the market. For full story, click here
Fortuna Silver Mines Inc. declared that it has raised its reserve estimate at the Caylloma Mine in southern Peru to 20.3 million ounces of silver, a 404 per cent surged in proven and probable ounces over the previous estimate nearly three years ago. For full story, click here
Idaho’s Hecla Mining declared record quarterly silver production of 3 million ounces for the second quarter of this year, a 24% surge over the same period a year ago. President and CEO Phil Baker stated: We continue to build on the operational success of the first quarter with record silver production at a very low [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver once again tested the $14 barrier Monday as oil rallied, the dollar fell to its lowest point against the euro in over eight weeks, and risk-appetite increased. However, silver was unable to hold above this important psychological level as it tracked gold lower on [...]
iShares Silver Trust has closed yesterday at $13.84. So far SLV has hit a 52-week low of $8.45 and 52-week high of $17.68. SLV has been showing support around 13.68 and resistance in the 13.96 range. For full story, click here
ETFS Silver Trust, a U.S. exchange-traded product has run by London’s ETF Securities, is expected to hold assets of more than $1 billion over the next six to 12 months. For full story, click here
PowerShares DB Silver Fund has closed yesterday at $25.12. So far DBS has hit a 52-week low of $14.81 and 52-week high of $33.00. For full story, click here
Silver Wheaton has opened at $9.17. So far today, the stock has hit a low of $8.90 and a high of $9.24. SLW is now trading at $8.92, down $0.48. For full story, click here
Silvercorp Metals Inc. has planned to release its unaudited first quarter results for the period ended June 30, 2009, on Thursday, August 13, 2009, after the close of the market. For full story, click here
Thursday, July 30, 2009