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 [...]
Silver Wheaton is mulling the idea of paying a shareholder dividend, but its near-term focus is more on making a significant acquisition. For full story, click here
Silvermex Resources Ltd. declared that it has entered into an agreement with Aurcana Corporation to acquire a 100% interest in the silver — gold — lead — zinc Rosario Property located in south eastern Sinaloa State, Mexico. For full story, click here
Southern Energy Company, Inc., a publicly traded resource exploration company, declared that it has entered into a definitive agreement to acquire the Catalina Silver and Gold Property located northwest of Santiago, Chile. For full story, click here
Paramount Gold and Silver Corp. announced closure of its acquisition of Magnetic Resources Ltd. which holds title to the Temoris Project and the Morelos Project in Chihuahua Mexico. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News On Tuesday, shares of MAG Silver Corp. [TSX: MAG] [NYSE-A: MVG] climbed 13 per cent after the world’s biggest primary silver producer, Fresnillo PLC announced its takeover offer for the Vancouver-based junior miner. The senior silver producer is offering MAG US$4.54 a share for complete ownership. Earlier this [...]
Kootenay Gold Inc. is an exploration and mining Company focused on the exploration and development of its top priority Promontorio Silver Project situated within the mineral rich Sierra Madre trend of Mexico.
Silver Falcon reports its moving forward with its permits, acquisition and geologist. On October 9th, 2008, Silver Falcon Mining, Inc. completed acquisition of the assets of Mineral Exploration Company of Idaho (MINEX). Amongst the assets were the Sinker Tunnel complex on War Eagle Mountain, giving SFMI year round access to the Oro Fino and the Poorman [...]
NP reports according to Blackmont Capital, who released a new report says that there will be a big wave of merger and acquisition in the silver and gold junior mining companies. “While there remain several junior companies with projects that are expected to ultimately be economic under the current gold price, a significant amount of [...]
Overview First Majestic Silver Corp. is committed to building a senior Silver producing mining company based on an aggressive development and acquisition plan with a focus on Mexico. The Company presently owns or operates three silver mines in Mexico; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine. [...]
Sunday, September 27, 2009