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Silver
 
PRECIOUS METALS

Kinross produces first metal at new Russian mine Restricted

0 COMMENTS
Canadian gold-miner Kinross Gold has produced the first gold and silver from its Kupol project in Russia, the company announced on Friday. Kupol is the first of three development projects that Kinross plans to bring on line this year.
By: Liezel Hill
30th May 2008
 
 
SILVER

Farallon, Silver Wheaton finalise silver purchase agreement Restricted

0 COMMENTS
TSX-listed Farallon Resources and silver reseller Silver Wheaton have finalised an agreement announced earlier this month, according to which Silver Wheator will make staged payments totalling $80-million to Farallon, for the right to buy 75% of...
By: Liezel Hill
26th May 2008
 
 
FINANCE

Intrepid completes debt repayment ahead of schedule Restricted

0 COMMENTS
TSX- and ASX-listed Intrepid Mines has repayed its project finance loan to Australian bank Westpac six months ahead of schedule, the firm said on Thursday. Intrepid, which merged earlier this year with former DRDGold subsidiary Emperor Mines,...
By: Liezel Hill
22nd May 2008
 
 
GOLD

Mexico's biggest new gold mine may get even bigger Audio Available Restricted

0 COMMENTS
Canadian gold-miner Goldcorp, which will own and operate the three biggest gold mines in Mexico by 2010, is studying a number of optimisation possibilities for the third, and largest, of the three - its $1,5-billion Penasquito project. The...
By: Liezel Hill
21st May 2008
 
 
ERITREA

Nevsun expects first production in 2010 from Eritrea gold mine Restricted

0 COMMENTS
Vancouver-based Nevsun Resources is making progress at its Bisha project, in Eritrea, with first output expected in 2010, the company reported on Thursday. The project is now expected to cost $246-million, and produce an average of 431 000 oz of...
By: Liezel Hill
15th May 2008
 
 
PEOPLE

Tomsett named chairperson of Silver Standard Restricted

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Vancouver-based Silver Standard Resources has appointed former Placer Dome president and CEO Peter Tomsett as the chairperson of its board of directors, the company said on Thursday.
By: Liezel Hill
15th May 2008
 
 
PEOPLE

Pan American Silver announces senior management changes Restricted

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Vancouver-based Pan American Silver has appointed project development VP Steven Busby to the position of COO, effective immediately, the company announced on Wednesday.
By: Liezel Hill
14th May 2008
 
 
SILVER

Silver Standard hikes reserves 43% at Argentina project Restricted

0 COMMENTS
Vancouver-based Silver Standard Resources has increased the proven and probable silver reserves at its Pirquitas project, in northwestern Argentina, by 43%, to 195,1-million ounces, the firm said on Wednesday.
By: Liezel Hill
14th May 2008
 
 
 
 
 
 
 
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