SILVER NEWS

Indian investor interest in silver surging

Friday , 03 Feb 2012
With the predicted 7% expansion in global demand in 2012 to an unprecedented 968 million ounces, investors in India are using silver as an inflation hedge hoping that demand will be sustained by global concerns.

Research shows silver to be as efficient as chemo in treating cancer

Friday , 03 Feb 2012
University of Leeds research in the UK has shown silver to be as efficient at killing off cancerous cells as leading chemo therapty drug and may have fewer side effects.

Apogee eyes new oxide potential at Pulacayo silver project

Monday , 30 Jan 2012
Deeper silver in sulphides it knows well. But now, for the first time, drilling results from near surface oxides are also showing promise for Apogee Silver.

Technical analysis - Why silver could have a big 2012

Monday , 30 Jan 2012
There is a well-established trading relationship between gold and silver and looking back to the example of the previous record highs hit in the 1980s makes for an interesting comparison

Silver prices forecast to rise sharply this year, but not to hit new highs - LBMA

Tuesday , 24 Jan 2012
The annual LBMA precious metals forecasts from a number of professional analysts are looking at a very volatile year for silver with a very big range between projected high and low.

Pan American Silver, Minefinders unveil proposed C$1.5bn friendly takeover bid

Tuesday , 24 Jan 2012
Pan American Silver hopes Minefinders' Delores mine will provide one of the world's top silver miners with double the production at a lower cost in a mining-friendly environment.

Governments will support much higher gold prices, but beware windfall tax

Tuesday , 24 Jan 2012
Rising gold and silver prices effectively mean currencies are being devalued and in today's economic environment such currency devaluation is, in effect, a stealth government policy

Revett Minerals announces record 2011 production, 2012 guidance

Tuesday , 24 Jan 2012
Revett Minerals beat its 2011 production guidance with a 28% increase in silver output and a 21% increase in copper production.

Gold up but silver climbing faster

Monday , 23 Jan 2012
Silver prices opened up over 5% in London, and showed a robustness not seen for some time, while gold continued to rise.

In gold, inflation we trust - Sprott's Franklin argues

Monday , 23 Jan 2012
In outlining the case for a good time to buy gold, Sprott Wealth CEO David Franklin suggests the tide on the yellow metal may have turned with Europe's new source of cash.

Silver Predator hits high-grade silver in Yukon

Thursday , 19 Jan 2012
A couple of intercepts border on bonanza grade for Silver Predator in drilling results from the Plata project.

Minera Andes' Q4 gold/silver output dips

Thursday , 19 Jan 2012
Toronto-based Minera Andes reported Wednesday that gold and silver output at its partly owned San Jose mine was down by about a fifth due to a two-week maintenance shutdown and a fall in ore quality.

Hochschild eyes 20mn silver equivalent ounces

Wednesday , 18 Jan 2012
The miner has set a production target of 20 million silver equivalent ounces this year, which is marginally lower than the 22.6 million ounces produced in 2011, owing to declining output from its Ares mine in Peru.

Fresnillo Plc meets silver guidance, gold production sets records

Wednesday , 18 Jan 2012
Fresnillo Plc expects its 2012 silver production to remain stable at 41 million ounces despite lower grades at its flagship Fresnillo silver mine.

Great Panther Silver lands on its feet

Wednesday , 18 Jan 2012
Great Panther outlines plans for the coming year on the back of improved output and grades at its Mexican silver mines at the close of 2011.

India raises import tax on gold, silver

Tuesday , 17 Jan 2012
With India's gold imports for FY12 expected to touch $55 billion, the government has hiked import duties in a bid to slow the rate of imports.

The war against Idaho's silver miners

Tuesday , 17 Jan 2012
Local comment scorning MSHA's shuttering of Hecla's Lucky Friday mine on safety grounds along with other gripes on what is seen as a campaign against Idaho's silver miners.

Gold and silver investors - temper your glee!

Saturday , 14 Jan 2012
While gold and silver investors may feel they have something to crow about, consider Japan where the zero interest scenario which is now prevalent almost everywhere, has not always proved so beneficial.

First Majestic Silver mines record 7.6m silver equivalent ounces in 2011

Friday , 13 Jan 2012
First Majestic Silver has forecast 8.9 million to 9.4 million ounces of silver equivalent production this year.

Impact Silver entering new phase with Capire open pit silver mine

Thursday , 12 Jan 2012
Junior silver miner, Impact Silver, is hoping to enter the big league with its new Capire open pit operation to supplement output from its existing Royal Mines of Zacualpan operations.

MSHA has Hecla close its flagship silver mine for a year - shares dive

Thursday , 12 Jan 2012
Hecla officials reduced 2012 silver guidance from 9.5 million ounces to 7 million ounces due to the year-long closure of the Lucky Friday mine instigated at the behest of MSHA.

Endeavour Silver grows production but holds back sales

Wednesday , 11 Jan 2012
Endeavour Silver achieved record-setting gold and silver production from the company's two operating silver mines in Mexico during the fourth-quarter 2011.
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Junior gold stocks to prosper, copper on brink of rebound - Joe Mazumdar

Saturday , 04 Feb 2012
Joe Mazumdar talks about why he sees mergers and acquisitions as key catalysts for a rebound in the junior gold space in 2012. Gold Report interview.
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