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SILVER NEWS
Extorre looks to high-grade open pits to fund Cerro Moro development
Wednesday , 16 May 2012Extorre Gold Mines looks for ways to minimize dilution as it advances its Cerro Moro project in Argentina closer to possible financing.
Pan American Silver profit falls 46% on takeover charge
Wednesday , 16 May 2012The company's quarterly profit fell 46% as charges related to its takeover of Minefinders Corporation outweighed higher realized silver prices and sales volumes.
Volcan sees 2012 silver output up 7%
Tuesday , 15 May 2012General Manager Juan Jose Herrera told the International Gold Symposium on Monday the company's silver output will likely rise 7% this year.
Hochschild Mining to invest $425m in Peru silver projects
Tuesday , 15 May 2012The two-year investment is earmarked for the Inmaculada and Crespo projects, near its Arcata and Pallancata mines in southern Peru.
Silver Wheaton reports record quarterly revenues of nearly $200 million
Tuesday , 15 May 2012Silver Wheaton CEO Randy Smallwood suggests challenging times for junior and mid-tier mining companies could be beneficial for the company's expanding portfolio.
Increased output gains lift Silver Wheaton Q1 profit 20%
Monday , 14 May 2012The profit increase was helped by increased output from mines with which Silver Wheaton has silver purchase agreements.
Endeavour Silver profit up on higher output, prices
Wednesday , 09 May 2012The Vancouver, British Columbia-based company remains on track to meet its production forecast of 4.3 million ounces of silver and 26,000 ounces of gold for the year.
Hecla announces dividend, share repurchases despite silver production probs
Wednesday , 09 May 2012Hecla's 1Q silver production plunged from 2,454,408 ounces in the first quarter of last year to 1,328,794 ounces, due to the Lucky Friday shutdown, and expansion program at Greens Creek.
Alexco Resources net income falls on lower silver price
Wednesday , 09 May 2012Lower silver prices outweighed increased production to eat into the primary silver miner's net income for the first quarter 2012
Silver at lowest since January, China should offer key support for gold
Tuesday , 08 May 2012Gold and silver both slip as market digests the various European elections and their ‘anti-austerity' moods, but on the positive side India has withdrawn its 1% tax on gold jewellery and Chinese gold imports have risen again.
Gold and silver today - no time for widows & orphans
Tuesday , 08 May 2012Indian demand remains muted, even though government has pulled back on its tax proposals for gold. Neither gold nor silver giving any clear indication of which way next!
Silver miner Alexco Resource posts 62% fall in Q1 profit
Tuesday , 08 May 2012Hurt by weaker metal prices, silver miner Alexco Resource Corp saw its first-quarter profit plunge 62% to C$1.3 million, compared with C$3.4 million reported last year.
Coeur Q1 silver output up 19% but gold down 17%
Tuesday , 08 May 2012Planned operational improvements at Coeur's Kensington mine slowed gold production during the first quarter, resulting in a 174% increase in cash operating costs for Kensington to $2,709 per ounce.
All the gold and silver roads now leading to China
Monday , 07 May 2012With the opening of silver futures trading in Shanghai, China could rapidly become a major player in silver trading given its position as now almost certainly being the world's largest silver consumer.
San Dimas gold-silver mine lifts Primero Mining adj profit nearly twelve-fold
Friday , 04 May 2012Primero Mining says its first quarter adjusted profit jumped to $18.8 million on higher output at its only producing mine in Mexico and expects to make a mill expansion decision in the Q3.
TOP STORIES
Extorre looks to high-grade open pits to fund Cerro Moro development
Wednesday , 16 May 2012Extorre Gold Mines looks for ways to minimize dilution as it advances its Cerro Moro project in Argentina closer to possible financing.
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