Articles Tagged "ounce"

Gold turns lower, silver pares gains as euro wilts

Reuters reports that on Wednesday, Gold prices surrendered gains to turn lower and Silver retreated from its earlier 5 percent climb.

General Metals Announces Largest Drill Intercepts to Date at Independence Project

General Metals Corporation (OTC: GNMT) reports the drill results from the company's Independence Project which averaged 0.014 ounce gold per ton (opt Au) and 0.08 ounces of silver per ton (opt Ag) in hole GM-120.

Aquiline – 750 Million Ounces of Silver!

Overview Aquiline Resources Inc. (Aquiline) is an exploration and development company advancing one of the world’s largest undeveloped silver deposits (Navidad) as well as a gold deposit (Calcatreu), both in Argentina and a gold deposit in Peru (Pico Machay). What We Like About Aquiline Resources! 632 million ounces silver measured and indicated 119 million ounces [...]

Endeavour Silver Corp. – Silver producer focused on growth

Overview Endeavour Silver Corp. is a Canadian based silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since founding in 2004, production has grown to producing 2,340,000 ounces of silver (plus gold) in 2008, proven and probable reserves of 9.5 million ounces of silver equivalent (Ag-Eq), indicated resources [...]

Silver price may rise to $25

After dipping almost 60% from its March 2008 peak of $21/ounce, silver appears to be on the rebound: Silver gained 24% back in the first quarter of 2009. For full story, click here

First Majestic Silver Production Increases

First Majestic Silver (TSE:FM) reported today that they produced over one million ounces of silver in the first quarter of 2009.  Overall head grade across FM’s three mines in Mexico increased to 222 grams per tonne of silver, increasing from 207 g/t Ag in the last quarter of 2008.  Recoveries are expected to increase significantly [...]