By Melissa Pistilli-Exclusive to Silver Investing News The silver price endured further losses Monday brought on by the impact of a stronger dollar and cuts in crude oil. Precious metals price rallies are usually disrupted by gains in the dollar and easing oil, which reduce safe-haven investment appeal. Dollar strength has hit commodities across the [...]
IMPACT Silver Corp. reports its second quarter earnings and it includes the results of the Royal Mines of Zacualpan Project, Mexico. Gross Revenues for the second quarter exceeded $1.75 million and net income for the quarter was $305,000 ($0.01 per share). Year-to-date cash flow from operations is $1,749,000, up $1,705,000 from $44,000 in 2007. Impact Silver says: IMPACT will be [...]
Impact Silver Corp. reports that drilling on extensions of the Chivo zone has both intersected high grade mineralization. The Chivo Mine at the Royal Mines of Zacualpan Silver Project in Mexico achieved commercial production in early 2008 based on successful exploration over the past two years. This news release reports on drilling conducted to establish the [...]
IMPACT Silver Corp. reports it has sold its 35% interest in San Sabino concession in Zacatecas to Apex Silver Mines. The San Sabino concession is located in the northwest part of the Zacatecas District. IMPACT optioned the concession to Yale Resources (see IMPACT news release dated October 18, 2006) and earlier this year Yale completed its [...]
Monday, June 15, 2009