In uncertain times, investors shy away from bold assets and play it safe with what they know to be solid; silver and gold. With the markets rattled over the debt crisis, silver and gold prices are rising in response.
By Melissa Pistilli-Exclusive to Silver Investing News After taking a dive earlier this week as confidence rushed into the equities market, the silver price rallied to a three-week high, up 12.7 per cent to $13.44/oz on the COMEX on Thursday morning, out-performing gold. Silver and gold prices are riding high after the Fed’s surprising announcement [...]
By Melissa Pistilli-Exclusive to Silver Investing News The global credit crunch is forcing mining companies to turn away from skittish banking institutions to public offerings to raise the money needed for acquiring new properties, advancing projects and paying off debts. Recently, a slew of precious metals producers have decided to take advantage of rising investor [...]
By Melissa Pistilli – Exclusive to Silver Investing News The sixth annual Silver Summit, dubbed the world’s premiere silver investment conference, will be held between September 18-19 in Coeur d’Alene, Idaho. Silver enthusiasts from all over the world will gather in this lakeside resort town to discuss “silver mining, silver stocks, silver investments, silver strategies, [...]
Hecla Mining Company reports silver production of 2.4 million ounces for the second quarter of 2008 that is a 60% increase over the same time frame a year ago. Second quarter financial results showed a loss applicable to common shareholders of $44.4 million, or 35 cents per share, on revenue of $64 million. The results include several one-time or [...]
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