Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility Study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
Investors who are hoping to take advantage of increasing silver prices through silver exchange-traded funds of mutual funds may have to wait for a while. For full story, click here
By Kishori Krishnan Exclusive to Silver Investing News Is silver set to follow gold in these days of economic meltdown? Analysts maintain that with the fundamentals being sound, silver prices could shadow gold prices mainly due to investment demand and ratio play. A 2009 silver forecast report from Mumbai-based Commtrendz Risk Management Services reports that [...]
With growing tight supplies of physical silver—coins and bars, as opposed to futures and other paper investments—investors have turned to exchange-traded silver funds to satisfy their appetites. For full story, click here
Macmin said its flagship Twin Hills mine in SE Queensland used more working capital than expected and it could not raise further funds due to global credit turmoil. The company said: The delay in supply and commissioning of additional crushing capacity, and the slower than predicted leaching rate have meant that the mine consumed more working [...]
Get our independent commentary on silver trends and companies delivered to your inbox.
