Articles Tagged "market"

Silver closed at $13.26

Silver is still down in the market.  Silver prices were recently quoted 0.4% lower at $13.26 per ounce. For full story, click here

Silver to rule for sometime

Silver has become the toast of investors as it promises more returns.  Silver enjoyed a strong run last month which saw the metal’s price rise 16% compared to gold’s 11% rise. For full story, click here

Silver futures closed at $12.91 on Thursday

May silver futures closed up 19.5 cents at $12.91 an ounce yesterday. Prices closed near mid-range yesterday. The key outside markets were auspicious for silver yesterday–solidly surge in crude oil prices, a weaker U.S. dollar and a rebound in the U.S. stock market. Bulls have the overall near-term technical advantage. For full story, click here

First Majestic Closes $21.2M Financing

First Majestic Silver (TSE:FR) announced today that they have closed the financing they announced on Feb. 19.  CIBC World Markets, Blackmont Capital, GMP Securities, and Thomas Weisel Partners have invested over $21 million Canadian.  The company said that the majority of the proceeds will be used for mill construction and mine improvements at the Company’s [...]

Update from Avino Silver

Avinao Silver & Gold Mines Ltd. has issued a update on its various projects. The release includes updates on the mine rehabilitation, the bulk sample and mining permits at the San Gonzalo project. According to the release Avino is well funded and continuing to invest. The release goes on to say: While the current market [...]

Silver Set To Follow Gold

By Kishori Krishnan Exclusive to Silver Investing News Is silver set to follow gold in these days of economic meltdown? Analysts maintain that with the fundamentals being sound, silver prices could shadow gold prices mainly due to investment demand and ratio play. A 2009 silver forecast report from Mumbai-based Commtrendz Risk Management Services reports that [...]