Endeavour Silver Corp. (TSE:EDR) reports that it has began its formal offer to purchase all of the outstanding common shares of Cream Minerals Ltd. (CVE:CMA). Endeavour is offering Cream shareholders Cdn. $0.12 in cash for each common share, which represents a 76% premium to the average closing price of the Cream shares of $0.068 per share on [...]
Xtierra Inc. (CVE:XAG) reports results from a 6,000 metre diamond drilling program recently completed at its Bilbao project, Zacatecas, Mexico. Results of drilling completed in the first three parts of the program indicate that the Bilbao resource extends further to the south, west and northwest of the existing resource and importantly, remains open to the southwest. [...]
Callinan Mines (CVE:CAA) reports it has received an interim payment of $3,266,325 from HudBay Minerals Inc. This payment represents 75% of an estimate of 6 2/3% of the net profits from the 777 Mine in Flin Flon, Manitoba for the quarter ended June 30th, 2010. For complete news release, click here.
Tarsis Resources Ltd. (CVE:TCC) reports that it has made a new grassroots copper, gold and silver discovery in Yukon. Rock specimens were collected with visible sulphide mineralization and alteration and assays confirmed the presence of strongly anomalous copper, gold and silver values, including one select prospecting sample containing 4.41 g/t gold, 0.47% copper and 391 g/t [...]
By Melissa Pistilli—Exclusive to Silver Investing News Silver prices are doing well so far into the first two weeks of 2010 steadily rising from the $17 level to test $19 an ounce. On Monday morning, silver danced as high as $18.88 in New York before falling to $18.60 at closing. The white metal was spurred [...]
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices were popping off of holiday lows Monday as traders returned to the markets. Gold had jumped as high as $1124 an ounce by 9:30am in New York and silver soared to $17.59 by 11am as a weaker dollar made the shiny cousins much more attractive. [...]
By Melissa Pistilli-Exclusive to Silver Investing News After posting continued gains Monday morning, commodities prices fell across the board in the afternoon as the dollar bounced back from last week’s 14-month low against the euro. The silver spot price had touched $17.80 an ounce before dropping as low as $16.98 to finally close down 3.4 [...]
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices are on a tear this week with gold reaching over the psychologically important $1,000 an ounce mark, the first time in six months, and silver hitting a 13-month high of $16.80 an ounce on Tuesday. Both gold and silver are reacting to inflation fears and [...]
By Melissa Pistilli-Exclusive to Silver Investing News After closing over $15 an ounce on Tuesday, the price of silver is up about 8 per cent over the past month. In all respects, silver is putting on a bullish display early in the September rally season. On the year, the silver price is up 32 per [...]
By Melissa Pistilli-Exclusive to Silver Investing News The silver price fell almost 6 per cent on Monday to its lowest level this month at $13.82 an ounce. The dip came as traders pulled out of the commodities and equities sectors and poured into the dollar on fears that economic recovery is still a ways off. [...]
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