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Silver
 
LAWSUIT

Silvercorp adds names to its US lawsuit Restricted

0 COMMENTS
Silvercorp Metals, which anonymous attackers accused of fraud last year, on Monday said it had made significant headway in its investigation as to who was behind the reports, adding EOS Holdings, Jon Carnes, Zane Heilig, Andrew Wong and the...
By: Matthew Hill
9th January 2012
 
 
APPOINTMENTS

First Majestic appoints Penrose as chair Restricted

0 COMMENTS
Mexico-focused silver-miner First Majestic on Friday named Douglas Penrose as chairperson, replacing Robert McCallum, who was stepping down “to deal with personal issues and spend more time with his family”. McCallum had served in the role...
By: Matthew Hill
30th December 2011
 
 
SILVER EXPLORATION

Endeavour Silver finds high-grade zones at Mexico mine Restricted

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Canadian miner Endeavour Silver said it has discovered two high-grade silver/gold zones at its Guanajuato mine in Mexico and expects a substantial increase in reserves and resources at the mine at the year-end. Vancouver-based Endeavour also said...
By: Reuters
13th December 2011
 
 
LEGISLATIVE ENVIRONMENT

Nevsun sees no direct impact from Eritrea sanctions Restricted

0 COMMENTS
Gold miner Nevsun Resources on Tuesday said there would be no direct impact on its operations in Eritrea, following the United Nations Security Council (UNSC) tightening two-year-old sanctions against the State this week, following a UN-report...
By: Henry Lazenby
6th December 2011
 
 
SILVER

Quadra FNX agrees to C$3.5bn takeover from Polish firm Restricted

0 COMMENTS
Toronto-quoted Quadra FNX has agreed to a C$3-billion takeover from Warsaw-listed KGHM Polska Miedz, or C$3.5-billion including gross debt, the Vancouver-based company said on Tuesday. The C$15.00-a-share cash offer represented a 41.3% premium to...
By: Matthew Hill
6th December 2011
 
 
MINING CLAIMS

Coeur takes Rye Patch to court in claims dispute Restricted

0 COMMENTS
Coeur d’Alenes Mines, the Idaho-based silver producer, said on Monday it is suing TSX V-quoted Rye Patch Gold, which earlier in the day said it had acquired claims to part of the bigger company’s Rochester mine in Nevada. According to Rye...
By: Matthew Hill
6th December 2011
 
 
SILVER

Coeur would mull holding silver over cash, says CEO Restricted

0 COMMENTS
Idaho-based Coeur d’Alene Mines would at a future point consider holding some of its reserves in silver, as an alternative to keeping all of its money in the bank, CEO Mitchell Krebs told Mining Weekly Online on Wednesday. The silver and gold...
By: Matthew Hill
1st December 2011
 
 
DIVERSIFIED MINER

Blackthorn board gives nod for Perkoa expansion Restricted

0 COMMENTS
The board of West Africa-focused Blackthorn Resources has given conditional approval for the company to proceed with the expansion of the Perkoa zinc joint venture (JV) to include silver and lead production. The miner’s JV partner Glencore...
By: Esmarie Swanepoel
30th November 2011
 
 
 
 
 
 
 
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