Articles Tagged "profit"

Coeur d’ Alene Q2 Beats, Silver Output Soared

Coeur d’Alene Mines Corp. posted a stronger-than-expected quarterly profit, recovering from a year-earlier loss, as silver production soared 74 percent, mostly from two new mines in Bolivia and Mexico. For full story, click here

BacTech – Bioleaching Silver from the Historic Cobalt Camp

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 [...]

Silver Wheaton profit increases

Silver Wheaton said that its Q3 profit rose 5 % as higher realized silver prices more than made up for lower sales volume. Peter Barnes , Chief Executive of Silver Wheaton, said: Although operating results or the last several quarters have been disappointing, primarily as a result of weaker than expected silver deliveries from the San Dimas [...]

Fortuna’s fortune shines in silver mining

Vancouver-based Fortuna Silver Mines Inc’s fortunes persist, with 2007 being a profitable year largely due to tremendous increase in base metal prices. Simon Ridgway, founder and chairman of Fortuna Silver Mines Inc said: Caylloma mine was acquired in 2004 and went into production in 2006. That’s when the profitability of the mine went up. It showed we could produce [...]