Articles Tagged "silver purchase"

Alexco Achieves Commercial Production at Bellekeno

Alexco Resource Corp. (TSE:AXR) declares commercial production to have been achieved as of January 1, 2011 at its 100% owned Bellekeno silver-lead-zinc mine and mill complex in the Keno Hill Silver District.

Alexco enters into silver purchase agreement

Alexco Resource Corp. reports that it has entered into a silver purchase agreement with Silver Wheaton Corp. Alexco will receive an up-front deposit payment from Silver Wheaton of US$50 million, plus a further payment of the lesser of US $3.90 (increasing by 1% per annum after the third year of full production) and the prevailing market [...]