Minco Silver Corp. (TSX:MSV,OTCQX:MISVF,FWB:XYD) announced that fieldwork for the Fuwan Project's water monitoring program is now complete.
Silvercorp Metals Inc. (TSX:SVM,NYSE:SVM) announced drilling results from the China-based LM Mine.
Silvercorp Metals Inc. (TSX:SVM,NSE:SVM) announced surface drilling results from its Southern China-based GC Project.
Despite the recent drop in gold and silver prices in the international markets, prices for precious metals in India still remain at a premium and buyers are holding out for cheaper prices, stunting demand.
MarketWatch reported that China announced lower silver exports for 2012.
While focusing on what may happen in Europe, investors appear to be overlooking what is happening in China and what it could mean for silver.
Silvercorp Metals Inc. (TSX:SVM,NYSE:SVM) announced updates to activities at its Canadian and Chinese projects.
Silver suffered a sharp setback in early trading Monday as the market reacted to the Bank of Japan’s move to devalue the yen. Investors and traders will be monitoring the actions of other central banks, such as China which many anticipate will loosen its monetary policy by the end of the year.
Bloomberg reported that China will export less silver, tin and minor metals in 2012.
The tumultuous global economic climates have been weighing down on the price of silver.
Tuesday, January 31, 2012