Articles Tagged "miner"

Silver busts the $10.50 fence

By Melissa Pistilli-Exclusive to Silver Investing News The price of silver closed at $10.16 in New York on Wednesday, touching a high of $10.57 in early morning trade Thursday. A weaker dollar and gains in commodity prices helped to stir speculation that future inflation may be on the cards. The surge in price has recharged [...]

The U.S. mining industry in jeopardy?

By Melissa Pistilli-Exclusive to Silver Investing News It’s not a surprise to most that the U.S. mining industry has not been immune to the ravages of the current global economic crisis. Hard-rock miners, including silver companies, have been especially hard hit as metal prices crumble and production costs soar. Faced with crippling profit losses, many mining companies [...]

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 [...]

Silver Giving Thanks to Gold

By Melissa Pistilli-Exclusive to Silver Investing News Like many commodities heading into the traditional Thanksgiving slowdown, silver is holding steady. Silver ended the day Wednesday at $10.27/oz. The next upside target for the precious metal is $11.09 with a key resistance level at $10.46 and a key support level at $9.15, says Crown Forex. Trading [...]

Mount Isa Mines Ltd is highly mechanised

Mount Isa Mines Ltd is one of the most highly mechanised and cost efficient mines in the world. It’s the world’s biggest single producer of silver and lead. For full story, click here

First Majestic Silver Corp: Trusted to Deliver, Committed to Growth

Overview First Majestic Silver Corp. is committed to building a senior Silver producing mining company based on an aggressive development and acquisition plan with a focus on Mexico. The Company presently owns or operates three silver mines in Mexico; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine. [...]