By Melissa Pistilli-Exclusive to Silver Investing News Silver is on a roll. This week the precious metal has soared past a more than five-month high reaching upwards of $14.35 Wednesday morning. Analysts have said if the price can breach $13.88 (which it has and then some), then we could very well see the silver price [...]
U.S. Silver Corporation reports August silver production was 191,400 ounces which is 38% over the second quarter 2008. The mine averaged 812 tons per day in July, an increase of 240% compared to the 2007 average of 338 tons per day and a 198% increase as compared to 1st quarter 2008 numbers. August production of 191,400 [...]
Minefinders Corporation Ltd. updates on community relations and revised production estimates for Dolores gold and silver mine in Chihuahua, Mexico. The Company also disclosed financial results for the second quarter and first half of 2008 and provided details for an investor conference call to discuss its financial and operating results for the second quarter ended June 30, [...]
First Majestic Silver Corp. reports its unaudited financial results for second quarter ending June 30, 2008. Management is pleased by the many improvements in costs which can be seen in the second quarter, however, further improvements in profitability can be made and are expected going forward as smelting costs are reduced and expenses come down. It’s important [...]
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. [...]
Reuters reports iShares Silver Trust holdings exceeded 200 million ounces this week. IShares Silver Trust, which is managed by Barclays Global Investors, had 201.8 million ounces of silver as of July 29, trade group Silver Institute said in a statement. At the end of 2007, the top silver ETF held 168.7 million ounces of silver bullion. Michael DiRienzo, [...]
Wednesday, February 18, 2009