Silver is an extremely rare metal only occurring in igneous rock at a concentration of only 0.07 parts per million. For comparison, copper is approximately 785 times more prevalent. Due to its rarity, the main concern in gauging the potential value of a silver deposit is the amount of metal present.
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.
By Melissa Pistilli-Exclusive to Silver Investing News Mineral exploration expenditures in British Columbia fell victim to the global credit crisis in 2009, dropping 58 per cent from the previous year to $154 million; however, it was still the sixth-best year for exploration and development investment since 1989. And 2010 is expected to be another strong [...]
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. [...]
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices have performed miracle feats the last few weeks, rising higher and higher to set new records as the US dollar suffers further blows, inflation in North America shows real signs of rising, and economic data out of Asian markets points toward fresh industrial demand. Silver’s [...]
By Melissa Pistilli-Exclusive to Silver Investing News After posting continued gains Monday morning, commodities prices fell across the board in the afternoon as the dollar bounced back from last week’s 14-month low against the euro. The silver spot price had touched $17.80 an ounce before dropping as low as $16.98 to finally close down 3.4 [...]
By Melissa Pistilli-Exclusive to Silver Investing News We’ve seen silver spot prices flirting with $18 an ounce for a few weeks now and according to James Burbage III, President of Lloyds Asset Management, we could see silver hit $23 before the end of this year. “Silver has been the sleeping giant that’s being awakened by [...]
By Melissa Pistilli-Exclusive to Silver Investing News Last week, the spot price of silver hit a 10-week low; however, spot prices began to recover later in the week as a faltering dollar and higher oil prices boosted its safe-haven appeal. Silver had a pre-summer doldrums rally on June 3, almost doubling its October 2008 low, [...]
ECU Silver Mining Inc. declared that it is to be featured on CEO Clips on The Biography Channel. For full story, click here
BacTech Mining(CVE:BM) announced today that the company is planning to drill 10-12 large diameter holes at the Castle Mine tailings site in Ontario, Canada. BacTech is working towards a feasibility study on the economics of a planned bioleaching facility that will process and stabilize waste from historic mines. BacTech’s bioleaching technology will be used to stabilize [...]
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