Articles Tagged "Fortuna Silver Mines"

Silver Mining Firms Reveal Interesting Developments

Several silver mining companies, including Great Panther Silver, Fortuna Silver, ECU Silver and Bear Creek Mining, have announced some interesting news this week.

Global X Launches World’s First Silver Mining ETF

When ETFs were first introduced to the marketplace a decade ago, they opened up a whole new world of investment opportunities. Now New York-based Global X Funds has extended those opportunities even further. Tuesday, Global X launched the world’s first silver miner exchange-traded fund, Global X Silver Miners ETF (SIL).

Can Silver Count On Gold?

By Melissa Pistilli-Exclusive to Silver Investing News Gold is riding high on dollar weakness, increased risk appetite and inflation fears bringing its price per ounce above $1,100. Silver has come along for the ride, but hasn’t managed to hold a break over the $18 level. Concerns over sluggish industrial demand for base metals in general [...]

Silver Bulls: Still Reason to Smile

By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices tracked gold lower last week after a bullish run that saw both stocks and commodities in general boosted by a return to risk appetite in the market as investors became increasingly optimistic economic recovery is becoming a reality. Precious metals have especially benefitted from a [...]

Fortuna develops Soledad vein, Caylloma mine, Peru

Fortuna Silver Mines reports that it has confirmed high-grade silver mineralization in the recent underground exploration and development on Soledad and Silvia veins, Caylloma Mine in Peru. The high-grade silver mineralization is hosted by semi-transparent to milky quartz veins containing silver sulfosalts, minor rhodonite bands, and traces of sphalerite, galena and pyrite. The Silvia Vein, located subparallel to [...]

Fortuna announces drill results

Fortuna Silver Mines Inc. reports results from drilling of the Soledad and Silvia veins located in the Caylloma District, Arequipa, Peru. The Soledad and Silvia veins are located in proximity to and are sub-parallel to the San Cristobal and Santa Cata veins which were extensively mined for high grade silver ores from the 16th to 20th [...]

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 [...]