Silver should do well throughout September, and most silver analysts are confident the metal will soon reach the $21 an ounce highs last seen in March 2008.
Tarsis Resources Ltd. (CVE:TCC) reports assay results from its completed diamond drilling program at MOR property, southern Yukon. Two holes totaling 443.83 meters were drilled by Top Rank Diamond Drilling under the supervision of Archer Cathro & Associates (1981) Limited. Drilling intercepted massive, semi-massive and heavily disseminated sulphides. For complete news release, click here. For Tarsis company profile, click [...]
Some analysts actually expected silver prices to remain bullish this week in anticipation of a weaker dollar. But the greenback flipped the script on the white metal, pushing prices down as low as $17.80 late Wednesday morning. Along with silver prices, one silver miner was breaking investors' hearts as well: Coeur d'Alene Mines.
Xtierra Inc. (CVE:XAG) reports its beginning of a feasibility study on its Bilbao polymetallic deposit, Central Mexican Mineral Belt in the State of Zacatecas. Xtierra has retained Dowding, Reynard and Associates to prepare a feasibility study on its Bilbao project. DRA will now be involved in oversight of all of the component parts of the [...]
Silver is feeling the pressure from both the precious metals sector, with gold dropping to its lowest close in three months, and the industrial sector as investors worry that the economic recovery is stalling.
Long-time silver investors are well aware that this isn’t the best time of year for precious metals as gold and silver prices trade sideways to lower, hitting bottoms by mid-August. Despite the depressing name, the summer doldrums do offer a ray of sunshine.
Silver is an extremely rare metal only occurring in igneous rock at a concentration of only 0.07 parts per million. For comparison, copper is approximately 785 times more prevalent. Due to its rarity, the main concern in gauging the potential value of a silver deposit is the amount of metal present.
Several silver mining companies, including Great Panther Silver, Fortuna Silver, ECU Silver and Bear Creek Mining, have announced some interesting news this week.
Excalibur Resources (CNQ:XBR, FRA:X9CN) reports its completion of a non-brokered private placement to MineralFields Group. Each FT Unit will consist of one common share to be issued on a “flow-through” basis under the Income Tax Act (Canada) and one share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire an additional non-flow-through common share of [...]
For centuries, humans have used silver as an antibacterial agent for medicinal and food storage purposes. Now those historical uses can be expanded upon as scientists discover the numerous benefits of ionized silver nanoparticles.
Tuesday, September 7, 2010