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Silver
 
SILVER

Excellon Resources narrows Q2 loss as output rises

0 COMMENTS
Despite recording the lowest quarterly average silver price in several years, Mexico’s highest-grade silver producer Excellon Resources late Tuesday reported that it had managed to narrow its net loss for the three months ended June 30, as...
30th July 2014
 
 
SILVER

Fortune Minerals reports attractive metrics for Colorado silver mine

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TSX-listed Fortune Minerals this week reported attractive financial indicators resulting from a preliminary economic assessment (PEA) undertaken on its recently acquired Revenue silver mine, in south-west Colorado. The London, Ontario-based...
25th July 2014
 
 
Silver

US miner receives $500 000 investment

0 COMMENTS
SHINE ON BMIX is selling a portion of its production as polished diamonds, at much higher margins than rough diamonds California-based mining company Brazil Minerals (BMIX) announced in May that it received $500 000 when it sold Gemological Institute of America- (GIA-) graded diamonds, common stock and two-year options to four investors. The GIA-graded diamonds...
25th July 2014
 
 
PROJECT DEVELOPMENT

Aquila Resources reports positive results for new Michigan project PEA

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Great Lakes-focused Aquila Resources on Wednesday reported the positive results of a new preliminary economic assessment (PEA) on its flagship Back Forty gold/zinc project, in Michigan, US. Completed by consulting engineering firm Tetra Tech, the...
23rd July 2014
 
 
BASE METALS

Trevali reports lower Q2 output

0 COMMENTS
Zinc-focused miner Trevali Mining this week reported lower output from its flagship Santander mine, in Peru, mainly the result of modifications and optimisation of underground production workings and the mine plan within the Magistral North...
16th July 2014
 
 
APPOINTMENTS

LBMA appoints Johnson Matthey official as new chairperson

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An official at British platinum refiner Johnson Matthey has become chairperson at the London Bullion Market Association as the industry body oversees the overhaul of century-old precious metals pricing systems amid intense regulatory scrutiny. The...
14th July 2014
 
 
TRADE

CME, Thomson Reuters to provide London silver price mechanism solution

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Following market consensus, the London Bullion Market Association (LBMA) on Friday announced that the Chicago Mercantile Exchange (CME) and Thomson Reuters Benchmark Services have been selected to operate the London silver price mechanism. This...
11th July 2014
 
 
PRECIOUS METALS

Fortuna Silver Mines’ Q2 output in line with expectations

0 COMMENTS
TSX- and NYSE-listed Fortuna Mines on Thursday said it had lifted its total second-quarter silver output by 52% year-on-year, while gold output rose 64%. Vancouver-based Fortuna, which owns and operates the San Jose mine, in Mexico, and the...
10th July 2014