Articles Tagged "Fortuna silver"

Conditions Ideal for Silver Miners

By Melissa Pistilli—Exclusive to Silver Investing News Silver prices are doing well so far into the first two weeks of 2010 steadily rising from the $17 level to test $19 an ounce. On Monday morning, silver danced as high as $18.88 in New York before falling to $18.60 at closing. The white metal was spurred [...]

Silver’s Future Remains Bright

By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices dipped over 3 per cent on Thursday following gold’s retraction below the psychological $1,000 level as the US dollar picked up gains. Silver is also under selling pressure as COMEX October options expire today. Recently, several analysts and consulting firms have weighed in on silver’s [...]

Silver Long-Term Outlook Strong

By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices are seemingly locked in a “risk aversion/appetite tug-of-war” as the market reacts to ups and downs in the financial outlook as well as profit taking, say analysts. Gold and silver prices suffered last week as optimism over the global economy rose following the G-20 Summit, [...]

Fortuna Silver reports net income

Fortuna Silver Mines Inc. reports its net income for Q2, 2008. Operating income for the first semester of 2008 was $1.03 million after deducting $0.63 million of stock-based compensation charges, where operating income solely for the Caylloma mine was $3.04 million. During the second quarter of 2008, the Company’s Caylloma mine had its sixth consecutive quarter [...]