Articles Tagged "Mag Silver"

MAG Silver Discovers High-Grade Silver

MAG Silver Corp. (TSX:MAG)(NYSE Amex:MVG) announced the discovery of the extension, into MAG’s wholly owned ground, of one of the most productive high grade silver veins in Mexico’s historic billion-ounce silver producing Zacatecas District. The press release is quoted as saying: MAG is focused on district scale projects located within the Mexican Silver Belt. Our [...]

Silver Price Popping into 2010

By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices were popping off of holiday lows Monday as traders returned to the markets. Gold had jumped as high as $1124 an ounce by 9:30am in New York and silver soared to $17.59 by 11am as a weaker dollar made the shiny cousins much more attractive. [...]

MAG Silver Reports Third Quarter Financial Results

MAG Silver Corp. (TSX:MAG)(NYSE Amex:MVG) today announced the Company’s unaudited financial results for the nine month period ended September 30, 2009. The press release is quoted as saying: MAG is focused on district scale projects located within the Mexican Silver Belt. Our mission is to become one of the premier companies in the Silver Mining [...]

Can Silver Count On Gold?

By Melissa Pistilli-Exclusive to Silver Investing News Gold is riding high on dollar weakness, increased risk appetite and inflation fears bringing its price per ounce above $1,100. Silver has come along for the ride, but hasn’t managed to hold a break over the $18 level. Concerns over sluggish industrial demand for base metals in general [...]

Will MAG Silver’s shareholders sell?

By Melissa Pistilli-Exclusive to Silver Investing News Fresnillo Plc has asked the Ontario Securities Commission to review MAG Silver’s [TSX: MAG] decision to halt valuation proceedings. The Mexican mining giant is calling the suspension “an inappropriate delaying tactic” towards its takeover bid. In December, the world’s largest primary silver producer announced a $4.54 a share [...]

Silver to enter new era of respect

By Melissa Pistilli-Exclusive to Silver Investing News For silver, 2008 was a record year as the precious metal hit $21.34/oz in March and managed to maintain a healthy level until the current global economic crisis sent investors pouring from the market in the fourth quarter. Since September, I have heard some of the most respected [...]

MAG mystified by “take-under” offer

By Melissa Pistilli-Exclusive to Silver Investing News On Tuesday, shares of MAG Silver Corp. [TSX: MAG] [NYSE-A: MVG] climbed 13 per cent after the world’s biggest primary silver producer, Fresnillo PLC announced its takeover offer for the Vancouver-based junior miner. The senior silver producer is offering MAG US$4.54 a share for complete ownership. Earlier this [...]