Gold and base metals group Silver Swan Group Ltd is planning to surge A$5 million before expenses via the placing of 15,151,515 shares each at A$0.33 each, adding to the A$7 million fundraising and a further A$1 million from options exercised which were announced just over a month ago. For full story, click here
Silver opened at 22372 on MCX. The metal dipped as the session started, reaching an intraday low of 22362. Stronger oil and base metal prices inspired dealers to buy the metal, carrying it from its lows. For full story, click here
Silver found support near $10 an ounce and demonstrated some gains. With its usage as industrial metal silver these days is catching up with base metals more than gold. For full story, click here
Overview Abcourt is a 100% owner of the Abcourt-Barvue silver zinc mine, located near Val d’Or, Quebec. This mine was in production from 1985 thru 1990. Abcourt is making preparations to go back into production and is considered near term. Feasibility study completed in July, 2007. The resource is National Instrument 43-101 compliant. The first [...]
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