Cream Minerals Limited (CVE:CMA, CRMXF-OTCBB, DFL-Frankfurt) is a precious metals exploration company with a portfolio of five solely-owned highly prospective properties, four in Canada and one in Mexico. A 10,000 metre drill program was initiated at the Company’s flagship property, the Nuevo Milenio Silver-Gold Project, Nayarit State, Mexico in early February 2011. In December 2010 Cream announced the closing of a $6,000,00.00 bought deal. Cream is well financed with 5.45 million in working capital and no debt.
Overview BacTech is a publicly listed Canadian company with its shares quoted on the TSX Venture Exchange (Symbol: BM). The Company owns proprietary bacterial oxidation technology that liberates precious and base metals from difficult to treat sulphide ores and concentrates. Bacterial oxidation is a safe and environmentally friendly process. It has the advantage of improving [...]
The company forecasts around 20% increase in silver production in 2009 above the record 1.214 million ounces produced in 2008 from its two 100% owned silver mines in Mexico. For full story, click here
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 [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver has experienced some volatile price actions over the last few weeks and is looking more bullish than gold. Both precious metals are benefitting from what analysts and traders like Matt Zeman of LaSalle Futures are calling “a general return to risk appetite.” A weaker dollar and a [...]
By Kishori Krishnan Exclusive to Silver Investing News Renewed investor interest in silver, which began in earnest in 2004 and continues today, has ensured that silver price, per ounce, in 2008, averaged a strong $14.98, a nearly 12 per cent increase over the 2007 average price of $13.38; the best average annual price since 1980. [...]
RX Exploration Inc. released its first resource estimate from its ongoing underground diamond drill program at the Drumlummon Mine at Marysville, Montana. For full story, click here
Intrepid Mines Limited reports that an Inferred Resource of 1.47 million ounces gold equivalent at a cut-off of 0.5 grams / tonne gold equivalent has been estimated for Zone A in the oxide and partial oxide zones of the Tumpangpitu area of the Tujuh Bukit Project in Indonesia. For full story, click here
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 [...]
The Kingdom of Morocco, with coasts on the Atlantic as well as the Mediterranean, is home to over 90 mining companies. Silver is produced in substantial amounts and is primarily sourced from the Imiter mine located in the Oriental Anti Atlas. For full story, click here
Wednesday, February 24, 2010