Silver prices declined further this week and some firms adjusted their outlook for the metal.
Articles Tagged "silver mining news"
After hitting a six-week high last Friday, silver took a blow on Wednesday. The metal spent little time below $34 before fighting its way to a fresh seven-week high.
Though the silver market appears to be looking for something to provide it with direction, it was on the rise this week. Data from China could determine whether it continues along that path.
Silver has taken off since last Thursday as growing concerns over Euro Zone debt pushed risk adverse investors away from paper currencies and into the precious metals.
Silver Reserve reports its contract with Christiansen Drilling, Inc. of Ely, Nevada for Medicine and Silver Queen Projects. The objective is to expand on the 350,000 tons of drill indicated resource with an average grade of 2.5 ounce silver, 5% lead, 8% zinc and 12% barite. The indicated resource was not drilled off beyond 100 feet of [...]