Canadian silver mining company Silver Wheaton Corp reported that it has agreed to acquire the outstanding shares of local sector group Silverstone Resources Corp in an all-share deal. For full story, click here
Vancouver-based Silver Wheaton Corp recorded a net loss of $54,2-million in the fourth quarter of 2008, compared with a profit of $24,9-million a year earlier, the firm reported. Peter Barnes, President and CEO of Silver Wheaton, said: Despite a year of significant challenges, including less-than-anticipated silver deliveries from the Luismin mines in Mexico, we have [...]
Silver Wheaton said that its Q3 profit rose 5 % as higher realized silver prices more than made up for lower sales volume. Peter Barnes , Chief Executive of Silver Wheaton, said: Although operating results or the last several quarters have been disappointing, primarily as a result of weaker than expected silver deliveries from the San Dimas [...]
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