Silver Stocks Charts, News, Reports and Quotes
Large silver deposits are scarce, that's a fact. Silver is mostly a by-product from mines that produce other metals such as gold, copper, lead and zinc. This is the reason why silver companies receive a premium to gold companies in a bull market, but we are far from that still as this bull market just got started. In August of 2011, Golden Arrow entered into an option agreement to acquire a 100% interest in the Chinchillas Silver Project. Remember, that was at a time when precious metals was…
SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to report on additional results from the ongoing underground channel sampling program and extension of its surface drilling program at its Las Chispas Project (“Las Chispas”) located in Sonora, Mexico. Las Chispas is a historic silver-gold district with over six kilometres of existing underground workings, which apparently were not previously drilled before their acquisition by the Company. The project is in a prolific mining…
Fortuna Silver Mines Inc. (FSM) (FVI.TO) ("Fortuna", the "Company") and Goldrock Mines Corp. (TSX VENTURE: GRM) ("Goldrock") are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") pursuant to which Fortuna has agreed to acquire all of the issued and outstanding common shares of Goldrock (the "Arrangement"). Goldrock's principal asset is the 100% owned Lindero Project located in Salta Province, Argentina. The Lindero Project is an open pit, heap…
Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), "Golden Arrow" or the "Company") is pleased to announce that it has commenced a 6,500 metre Phase VI drilling and exploration program at the Chinchillas silver project in Jujuy Province, Argentina. The drill program will focus on exploration and condemnation drill holes, as well as infill holes as necessary.
SPOKANE, Wash., May 24, 2016 (GLOBE NEWSWIRE) -- Mines Management, Inc. (NYSE MKT: MGN, TSX: MGT) (Mines Management) and Hecla Mining Company (NYSE:HL) (Hecla) today announced a merger agreement with Hecla acquiring Mines Management. In the proposed merger, each outstanding common share[1] of Mines Management will be exchanged for 0.2218 of a common share of Hecla. This represents a 41% premium to Mines Management, using both companies' 10 day VWAP (Volume Weighted Average Price) on May 20,…
"We have made a strong start to the year operating well within our production and cost targets and look forward to the commissioning of our key expansion project at the San Jose Mine in July." Mr. Ganoza continued, "At San Jose's new production rate of 3,000 tpd, the company will target total annual consolidated production of approximately nine million ounces of silver and fifty-two thousand ounces of gold, with an AISCC below $9.0 per ounce of silver."
Fortuna Silver Mines Inc. (FSM)(FVI.TO) announces that it will release its financial statements and MD&A for the first quarter after the market closes on Monday, May 9, 2016.
N. Eric Fier, CPG, P.Eng, President & CEO stated, “We continue to systematically complete our planned underground rehabilitation program at Las Chispas to evaluate areas of known high grade silver-gold mineralization. To date, we have accessed two kilometres of the estimated six kilometres of underground workings. Our first detailed underground channel sampling, as reported below, indicates continuous high grade areas that are easily accessible for potential future mining. In late March, we…
Jorge A. Ganoza, President and CEO, commented: "Silver and gold production exceeded guidance for the quarter. San Jose's outperformance was driven by higher head grades, increase in milled tonnes, and better metallurgical recoveries. Caylloma reached the new mill throughput rate of 1,430 tpd at the end of March." Mr. Ganoza continued, "Mill expansion from 2,000 tpd to 3,000 tpd is progressing as planned with commissioning scheduled for July 2016. At that point, the San Jose Mine will rank among…
MINES MANAGEMENT, INC. (NYSE-MARKET: "MGN", TSX: "MGT")(also the "Company") has received notification from the NYSE MKT (the "Exchange") stating that, in accordance with Section 1009 of the Company Guide, the Company has made a reasonable demonstration of its ability to regain compliance with Section 1003(a)(iv) of the NYSE MKT Company Guide (the "Company Guide") by the end of the revised plan period, which the Exchange has extended to be June 30, 2016.
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