Silver Prices Clobbered In Anticipation Of GM’s Bankruptcy
Over the course of last week, the prices of gold and silver were knocked down to multi-week lows. Gold dipped well under $900 and silver below $12. For full story, click here
Articles Tagged "bankruptcy"
Canadian silver mining company files for Bankruptcy
Redcorp Ventures, a Canadian gold-and-silver mining company, has filed for bankruptcy in the United States and Canada, owing to cost overruns and a lack of financing. For full story, click here
Apex Silver Mines files for bankruptcy protection
Apex Silver Mines Ltd, which runs silver mining operations in Latin America, has sought bankruptcy protection from creditors with a New York court, with plans to sell its stake in a Bolivian mining operation. For full story, click here
Silver Set To Follow Gold
By Kishori Krishnan Exclusive to Silver Investing News Is silver set to follow gold in these days of economic meltdown? Analysts maintain that with the fundamentals being sound, silver prices could shadow gold prices mainly due to investment demand and ratio play. A 2009 silver forecast report from Mumbai-based Commtrendz Risk Management Services reports that [...]
Silver drops more than 5 pct as investors retreat
Reuters reports investors sold assets across the board after U.S. investment bank Lehman Brothers filed for bankruptcy, silver fell more than 5 percent. Spot silver was at $10.50/10.57 an ounce at 1310 GMT compared with a $11.08 an ounce at the close on Monday. For complete story, click this link. Follow developments in silver mining and exploration [...]
