Revett Minerals Inc. announced that it has issued 20,553,500 Common shares and 2,077,665 warrants in exchange for an equivalent number of Revett Silver Class B Common Shares and warrants. Fore full story, click here
Orko Silver Corp. reported that it intends to file a Form 15F with the U.S. Securities and Exchange Commission with the intention of voluntarily terminating the registration of its common shares under Section 12gm of the Securities Exchange Act of 1934, as amended. For full story, click here
Lundin Mining Corp. reported that it is issuing at least 80 million new common shares in a bought deal worth $164 million. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News Uncertainty over the future of the U.S. dollar and the global economy in general is understandably creating volatility in precious metals prices. After a close of $13.34/oz in New York on Friday, silver has started the week down as low as $12.99 on Monday. CrownForex analysts mark the [...]
PowerShares DB Silver Fund closed yesterday at $24.24. So far DBS has hit a 52-week low of $14.81 and 52-week high of $35.69. DBS has been showing support around 23.21 and resistance in the 24.93 range. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News After taking a dive earlier this week as confidence rushed into the equities market, the silver price rallied to a three-week high, up 12.7 per cent to $13.44/oz on the COMEX on Thursday morning, out-performing gold. Silver and gold prices are riding high after the Fed’s surprising announcement [...]
By Melissa Pistilli-Exclusive to Silver Investing News Advances on Wall Street and Bay Street the last few days have dampened investors’ appetite for the shelter of precious metals. Comforting words from Federal Reserve Chairman Ben Bernanke, who said that the recession could be nearing the end by this year’s close, and positive reports from the [...]
Canadian silver mining company Silver Wheaton Corp reported that it has agreed to acquire the outstanding shares of local sector group Silverstone Resources Corp in an all-share deal. For full story, click here
Overview In true Western entrepreneurial spirit, Hi Ho Silver Resources’ experienced managerial team is dedicated to establishing strategic relationships with industry leaders. Minimizing risk, while maximizing opportunities for success will provide investors with astable platform for investment in the mineral exploration field. Hi Ho Silver Resources has a well diversified management team, headed by Presidentand [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver managed to keep its last week gains to open at $14.30/oz Monday morning. After a brief dip to $14.09, the precious metal was testing highs of $14.66. The markets are still reacting to doubts over the U.S. government’s ability to pull itself out of financial freefall even [...]
Get our independent commentary on silver trends and companies delivered to your inbox.
