Silver Mining in Peru: Looking Forward Through Crisis
Political unrest in the Peru could represent a very uncertain future for foreign investment in the natural resource sector.
Political unrest in the Peru could represent a very uncertain future for foreign investment in the natural resource sector.
Handy and Harman fine silver quotations in Canadian dollars: Friday $17.811 oz., $572.62 kg.; Thursday $17.691 oz., $568.77 kg. For full story, click here
Mexico’s Fresnillo Plc, the world’s leading primary silver producer, has asked a Canadian authorities to set a three-week deadline for the completion of a valuation of MAG Silver so Fresnillo can make a formal takeover bid. For full story, click here
Silver Bear Resources Inc. declared financial results for the first quarter ended March 31, 2009, prepared in accordance with Canadian generally accepted accounting principles and provides an update on the status of the winter road resupply. For full story, click here
Canadian silver mining company Silver Wheaton Corp reported that it has agreed to acquire the outstanding shares of local sector group Silverstone Resources Corp in an all-share deal. For full story, click here
Mid-tier silver producer, Hochschild Mining company announced its plans to make a transaction for a cash offer of 39 cents per share, or US$17.5 million to Southwestern Resources Corp, a Canadian mining junior with assets in southern Peru. For full information, click here
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
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