Articles Tagged "fortuna"

Fortuna acquires Continuum Resources

Fortuna Silver Mines Inc. reported that its acquisition of all of the issued and outstanding securities of Continuum Resources Ltd. has now closed. Simon Ridgway, the Chairman of Fortuna, said: I’d like to thank the entire management team of Fortuna for their efforts in closing the acquisition of Continuum Resources. We anticipate that the San [...]

Miners’ woes product of loose credit?

By Melissa Pistilli-Exclusive to Silver Investing News The price of silver rose as high as $10.70/oz in New York on Monday, following gold’s lead. Silver may be able to reach $12.20/oz in the short term if it can break $11.00/oz. The precious metals have been benefitting from a weaker dollar and gains in equities and [...]

Quality juniors can and will recover

By Melissa Pistilli-Exclusive to Silver Investing News Increasing trepidation in the markets brought on by the reality of recession has sent precious metals and commodities prices tumbling this week. The current drops have “nothing specific” to do with gold and silver, said Dave Rinehimer, one of the directors with Citigroup Global Markets. “It’s just renewed weakness [...]