By Melissa Pistilli-Exclusive to Silver Investing News Monday brought positive price actions in precious metals as gold and silver climbed to seven-week highs on a falling dollar and commodities rally fueled by economic optimism. Growing sentiment of economic recovery in the markets was boosted by promising global manufacturing reports, specifically out of China, the U.K., [...]
MAG Silver reports that it has established a Special Committee of the Board of Directors to look at strategic alternatives for MAG Silver. This is in response to Fresnillo plc’s acquisition of 9,746,193 of the issued and outstanding shares of the Company representing a 19.83% interest (see Table “A” below). Fresnillo is the Company’s joint venture partner [...]
Endeavour Silver Corp. reports its silver production jumped as forecast for the 3rd Quarter, 2008 was up 21% over Q2, 2008. In response to the recent sell-off of the spot silver price, Endeavour plans to slow its production growth in the Fourth Quarter, even though the 2008 capital programs of mine and plant upgrades have now been substantially completed at [...]
Get our independent commentary on silver trends and companies delivered to your inbox.
