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Silver
 
PRECIOUS METALS

Endeavour Silver sees higher output in 2012

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Canadian miner Endeavour Silver Corp forecast 2012 gold and silver output to rise, as it ramps up production at its Mexico mines where high-grade gold-silver zones were discovered last year. The miner which owns the Guanacevi and Guanajuato mines...
31st January 2012
 
 
SILVER

Endeavour's Q4 output falls, costs to rise in 2012

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Endeavour Mining Corp reported a sequential fall in fourth-quarter gold production and said it expects cash costs to rise this year. Endeavour, which operates the Youga mine in Burkina Faso And the Nzema mine in Ghana, said gold production for...
31st January 2012
 
 
SILVER

Scorpio Mining Q4 production rises at flagship mine

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Canada's Scorpio Mining Corp said production at its flagship Nuestra Señora mine in Mexico rose about 13%, helped by improved mining practises. Fourth-quarter production at the silver-zinc-copper-lead plant totalled 694 538 silver equivalent...
28th January 2012
 
 
SILVER

Fortuna 2011 silver production rises

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Canada's Fortuna Silver Mines Inc said its 2011 silver production jumped 31% and forecast nearly 50% jump in the metal's output this year. Vancouver-based Fortuna said expansion at its San Jose mine in Mexico will continue to lower its silver...
26th January 2012
 
 
PRECIOUS METALS

Plethora of precious metals entrants leaves some vulnerable, says McEwen

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Prepare for more mergers and acquisitions in the precious metals space as a flood of new entrants leaves some of them suffering from market neglect, Rob McEwen, who merged two miners to form McEwen Mining said this week. The midtier and senior...
25th January 2012
 
 
M&A

Bidding war for Minefinders unlikely after Pan American offer

0 COMMENTS
Minefinders Corporation, which rose 22% on the TSX on Monday after agreeing to a $1.5-billion friendly bid from Pan American Silver, will not likely see an interloper emerging, Salman Partners analyst David West said on Monday. The companies...
23rd January 2012
 
 
PRECIOUS METALS

Sprott bearish on base metals, positive on gold, oil

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Prominent Canadian fund manager Eric Sprott said he was bearish on cyclical commodities such as industrial metals because of the economic slowdown, though he remained positive on gold and crude oil. Sprott, a long-time gold bull who last week...
19th January 2012
 
 
COPPER-GOLD

Ivanhoe drops poison pill, approves $1.8bn bridging finance

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Ivanhoe Mines, the owner of the giant Oyu Tolgoi copper-gold project in Mongolia, on Wednesday said its board decided to scrap a shareholder rights plan, clearing the way for 49% shareholder Rio Tinto to gain control of the company. In December,...
18th January 2012