It’s not uncommon for people to speak about the “gold to silver ratio” or describe silver with affectionate terms like “poor-man’s gold,” and though there are undoubtedly some similarities in regards to the recent bullish performance of the two precious metals, their uses are quite different—particularly in industry and technology.
Excellon Resources Inc. declared that it has entered into a long-term off-take agreement to sell its lead-silver and zinc-silver concentrates to Consorcio Minero de Mexico Cormin Mex, S.A. de C.V., a Trafigura Group Company. Cormin Mexico is based in Mexico City, is a trader of base metal concentrates and provides financial services to the mining [...]
South American Silver Corp. declared that at its recently held annual meeting of shareholders Mr. Greg Johnson was elected to its board of directors. Mr. Johnson is a geologist with over 20 years of experience in exploration, marketing and communication activities in the mining industry. For full story, click here
B.C.’s mining industry posted a record profit of $3.2 billion in 2008, an 88 per cent surge from the previous year driven largely by high-priced coal. For full story, click here
Silver moved up by Rs 100 to Rs 16,550 per kg and weekly-based delivery by Rs 50 to Rs 16,410 per kg. For full story, click here
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