Arian Silver posted pre-tax loss of $481,000
Silver explorer Arian Silver has posted a pre-tax loss of $481,000 in the quarter to March 31 after deferring all Mexican silver exploration until it receives new funding. For full story, click here
Articles Tagged "loss"
Hochschild Mining swings to annual loss
Gold and silver producer Hochschild Mining Plc reported that it swung to an annual loss after an impairment charge. For full story, click here
Peru’s Buenaventura posts Q4 loss as prices decline
Peruvian miner Buenaventura posted a fourth-quarter net loss on Thursday of $6.1 million, versus a profit of $120.1 million in the same period a year ago due to lower silver and base metal prices. For full story, click here
Largest silver reserve increase in Hecla’s history offset by loss
It was the best and worst of times for Hecla in 2008 as the company’s silver reserves and resources set a 118-year record as the Idaho silver reported millions in lost income. For more information, click here
Silver Wheaton posts quarterly loss
Vancouver-based Silver Wheaton Corp recorded a net loss of $54,2-million in the fourth quarter of 2008, compared with a profit of $24,9-million a year earlier, the firm reported. Peter Barnes, President and CEO of Silver Wheaton, said: Despite a year of significant challenges, including less-than-anticipated silver deliveries from the Luismin mines in Mexico, we have [...]
Silver ended with a loss of 1.8%
Silver also fell back off into the close and ended with a loss of 1.8%. For full story, click here
Silver prices have lost nearly 50%
From the beginning of latest commodity boom since 2003, there have been several instances when the wider swings in silver prices seemed to imitate the fluctuation in copper prices. During the period, silver prices have lost nearly 50% and copper lost 55%. For full sory, click here
Gammon Gold records loss; shares fall
The company said a devaluation in silver price, value adjustments for low-grade ore, among other reasons negatively impacted the quarterly total cash cost per gold equivalent ounce. For full story, click here
