Silver Wheaton Q2 Profit Jumps on Robust Prices
Reuters Africa reported that higher silver prices pushed profits for Silver Wheaton (NYSE:SLW) in Q2 2011.
Reuters Africa reported that higher silver prices pushed profits for Silver Wheaton (NYSE:SLW) in Q2 2011.
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.
Bloomberg reports that Canadian stocks fell for a second day, led by mining companies, as precious metal prices declined.
In uncertain times, investors shy away from bold assets and play it safe with what they know to be solid; silver and gold. With the markets rattled over the debt crisis, silver and gold prices are rising in response.
Aurcana Corporation (CVE:AUN) enters into an agreement with Sunel Securities Inc.
Reuters reports that Silver Wheaton (TSE:SLW.TO) announced that it might start issuing a small dividend in early 2011.
By Melissa Pistilli-Exclusive to Silver Investing News Long-Term Outlook for Silver Many analysts expect strong industrial demand for silver over the medium- to long-term to provide price support going forward. Strong investment demand can also be seen in record combined ETF silver holdings, which reached 472.7 million ounces Friday, up 0.2 per cent from the [...]
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. [...]
Silver Wheaton Corp (TSX:SLW) reports that it has completed its acquisition of silver from Barrick Gold Corporation. Silver Wheaton has made a cash deposit of $212.5 million and will make three further deposits of $137.5 million on the anniversaries of September 22, 2009. Silver Wheaton will also make additional cash payments for each ounce of [...]
By Melissa Pistilli-Exclusive to Silver Investing News The seasonal patterns characteristic of the latest bull run in precious metals were thrown off course last year as the economic crisis exploded and commodities across the board took massive hits. What technically should have been a memorable fall rally for precious metals prices will instead be remembered [...]
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