Silver Stocks Charts, News, Reports and Quotes
Fortuna Silver Mines Inc. (FVI.TO)(FSM)(F4S.F)(FVI) is pleased to announce Board approval of two major capital projects for 2015 at the San Jose Mine in Mexico: mill expansion from 2,000 to 3,000 tonnes per day ("tpd") and construction of a dry stack tailings deposit and filter facility. The company is in a strong financial position to meet its capital budgets from operating cash flows and available liquidity.
"The third quarter has seen continued improvements at the Rosario Mine. Most importantly we have seen a significant increase in our revenues while at the same time a continuous reduction in our operating costs per silver equivalent ounce resulting in positive cash flow of $464,000 at our Rosario Mine during the quarter."
FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the "Company" or "First Majestic") is pleased to announce that the Supreme Court of Canada has dismissed the leave to appeal application by Hector Davila Santos ("Davila Santos") and Minerales y Minas Mexicanas, S.A. de C.V. ("MMM") against the Company.
Santacruz Silver Mining Ltd. ("Santacruz" or the "Company") (SCZ.V) reports that it has amended the previously announced US$28.4 million Pre-paid Silver Purchase Agreement with JMET, LLC ("JMET") wherein the Company had agreed to sell 4,635,000 ounces of silver through August 2019, subject to certain adjustments relating to metal prices. The original agreement was announced in a news release on September 18, 2014.
The company filed the NCIB program to allow for market purchases of the company's common shares. Pursuant to the terms of the NCIB program, Excellon shall be permitted to purchase common shares for cancellation through the facilities of the Toronto Stock Exchange at the prevailing market price of the common shares.
SilverCrest Mines Inc. (SVL.TO)(NYSE MKT:SVLC) ("SilverCrest" or the "Company") is pleased to announce it has signed a five year option agreement (the "Agreement") with Evrim Resources Corp. (TSX VENTURE:EVM) ("Evrim") whereby SilverCrest can acquire a 100% interest in Evrim's Cumobabi Property in the State of Sonora, Mexico. The Cumobabi Property is in the general vicinity of the Santa Elena mine and adjacent to the Ermitaño Property which was previously optioned by the Company (see news…
SilverCrest Mines Inc. (SVL.TO)(NYSE MKT:SVLC) (the "Company" or "SilverCrest") is pleased to announce its financial results for the third quarter ended September 30, 2014. All financial information is prepared in accordance with International Financial Reporting Standards ("IFRS") and all dollar amounts are expressed in U.S. dollars unless otherwise specified.
The Company generated revenues of $40.8 million for the third quarter of 2014, a 39% decrease compared to the previous quarter primarily due to a temporary suspension of silver sales of approximately 934,000 silver ounces to maximize profit in response to a 19% decline in the price of silver during the quarter, and a 9% decrease in total production.
Fortuna Silver Mines Inc. (FSM)(FVI.TO)(FVI)(F4S.F) today reported record revenue of $46.4 million, cash generated from operations, before changes in working capital of $17.8 million and net income of $7.8 million or $0.06 per share in the third quarter of 2014.
FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the "Company" or "First Majestic") is pleased to announce that it will be holding a conference call and webcast on Wednesday, November 12, 2014 at 8 am PT ( 11 am ET ), to discuss the Company's third quarter financial results.
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