Tag Archive | "MAG Silver Corp."

Global X Launches World’s First Silver Mining ETF

Tuesday, April 20, 2010

When ETFs were first introduced to the marketplace a decade ago, they opened up a whole new world of investment opportunities. Now New York-based Global X Funds has extended those opportunities even further. Tuesday, Global X launched the world’s first silver miner exchange-traded fund, Global X Silver Miners ETF (SIL).

Silver Bulls: Still Reason to Smile

Tuesday, September 29, 2009

By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices tracked gold lower last week after a bullish run that saw both stocks and commodities in general boosted by a return to risk appetite in the market as investors became increasingly optimistic economic recovery is becoming a reality. Precious metals have especially benefitted from a [...]

Fed Feeds Silver Price Surge

Friday, March 20, 2009

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 [...]

MAG mystified by “take-under” offer

Thursday, December 4, 2008

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 [...]

Mining shares: Get out or get in?

Monday, November 17, 2008

By Melissa Pistilli-Exclusive to Silver Investing News Silver has managed to remain above the crucial psychological $9/oz level for the past week, holding steady above $9.20/oz. Chintan Karnani of Insignia Consultants believes Friday’s close was significant for both precious metals. “Technically, gold and silver are in a neutral zone with a slightly bullish bias,” he [...]

Fresnillo plc acquisition of shares in MAG Silver

Wednesday, October 8, 2008

(Oct 7th)The world’s largest primary silver producer, Fresnillo plc reports it acquired a further 2,512,600 common shares of MAG Silver Corp at a price of CDN$5.00 per share. These shares, together with shares already owned by Fresnillo plc total 9,314,877 or approximately 18.95% of MAG Silver’s common shares outstanding, based on MAG Silver’s public disclosure. For full [...]

MAG Silver expands silver/lead/zinc mineralization

Thursday, September 18, 2008

MAG Silver Corp. reports assay results from an ongoing drill program on Cinco de Mayo property, Chihuahua State, Mexico. Holes 08-40, 44, 46, 48 and 52 all intercepted strong silver, lead, zinc and gold (see Hole 08-48 below) mineralization characteristic of the Jose Manto. Holes 08-48 and 08-52 show significant gold values, with 08-48 reporting 1.50 metres [...]

MAG Silver reports second quarter financial results

Thursday, August 14, 2008

MAG Silver Corp. reports the Company’s unaudited financial results for the six month period ending June 30, 2008. The Company’s cash position at June 30, 2008 was approximately $64.8 million. All amounts herein are reported in Canadian dollars unless otherwise specified. The Company’s cash is all invested with the Royal Bank of Canada in guaranteed investment [...]

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