Far West Mining Ltd. declared that a drill program is scheduled to commence at the Georgetown Silver-Lead-Zinc Project in Queensland, Australia in the second week of August. For full story, click here
Silver futures price extended gains for the second straight session by rising 0.23 per cent on the Multi Commodity Exchange today on sustained purchasing by speculators influenced by firming global trend. For full story, click here
Dia Bras Exploration Inc. declared that exploration teams of Dia Bras Exploration, Inc.’s wholly owned Mexican subsidiary, Dia Bras Mexicana S.A. de C.V. have identified new targets and ore shoots of high grade silver mineralization in the vein systems present in the areas of the Santa Eduwiges and Promontorio mines as well as other nearby [...]
Silver Quest Resources Ltd. declared that it has entered into an agreement with Rimfire Minerals Corporation and Northgate Minerals Corporation to acquire a 100% interest in the Boulevard property located in the Whitehorse mining district, Yukon. For full story, click here
U.S. Silver Corporation declared that the Galena Mine produced 1,218,244 ounces of silver in the first half of 2009 at a cash cost of $10.95 per ounce produced. For full story, click here
Endeavour Silver Corp. declared that silver output for the Second Quarter, 2009 from the Company’s two operating silver mines in Mexico, Guanacevi in Durango State and Guanajuato in Guanajuato State, totalled 578,641 ounces silver, up 12% over Q2, 2008. For full story, click here
SNS Silver Corp. declared that it will no longer take care of Sunshine Mine in Kellogg, Idaho, in light of a recent court decision that found Sterling Mining is still the owner of the property and due to the protracted litigation expected surrounding Sterling’s bankruptcy filing. For full story, click here
Mexican Silver Mines Ltd. declared that is has completed the acquisition of Rio Alto Mining Ltd. For full story, click here
ETFS Silver Trust, a U.S. exchange-traded product 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
The stock of major silver mining companies surged on Monday and analysts declared it was due to the price of the precious metal surging more than 2 percent. For full story, click here
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