By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices tracked gold lower last week after a bullish run that saw both stocks and commodities in general boosted by a return to risk appetite in the market as investors became increasingly optimistic economic recovery is becoming a reality. Precious metals have especially benefitted from a [...]
Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility Study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
Minco Gold Corp has entered into an agreement with IDG-Accel China Growth Fund to purchase shares in the capital stock of of Minco Silver at a price of C$0.88 per share for upto C$4.4 million. The offering represents 10.3% of the issued and outstanding common shares of Minco Gold. The closing of the offering is [...]
Silver Wheaton Corp (TSX:SLW) reports that it has completed its acquisition of silver from Barrick Gold Corporation. Silver Wheaton has made a cash deposit of $212.5 million and will make three further deposits of $137.5 million on the anniversaries of September 22, 2009. Silver Wheaton will also make additional cash payments for each ounce of [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices dipped over 3 per cent on Thursday following gold’s retraction below the psychological $1,000 level as the US dollar picked up gains. Silver is also under selling pressure as COMEX October options expire today. Recently, several analysts and consulting firms have weighed in on silver’s [...]
Overview Aquiline Resources Inc. (Aquiline) is an exploration and development company advancing one of the world’s largest undeveloped silver deposits (Navidad) as well as a gold deposit (Calcatreu), both in Argentina and a gold deposit in Peru (Pico Machay). What We Like About Aquiline Resources! 632 million ounces silver measured and indicated 119 million ounces [...]
By Melissa Pistilli-Exclusive to Silver Investing News Most analysts have attributed the latest rally in precious metals prices to rising inflation concerns brought on by a weakening dollar. What’s supporting these inflationary fears? At first the amount of paper money being pumped into the financial system by governments trying to prop up their flailing economies [...]
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices are on a tear this week with gold reaching over the psychologically important $1,000 an ounce mark, the first time in six months, and silver hitting a 13-month high of $16.80 an ounce on Tuesday. Both gold and silver are reacting to inflation fears and [...]
By Melissa Pistilli-Exclusive to Silver Investing News After closing over $15 an ounce on Tuesday, the price of silver is up about 8 per cent over the past month. In all respects, silver is putting on a bullish display early in the September rally season. On the year, the silver price is up 32 per [...]
Tuesday, September 29, 2009