Silver Stocks Charts, News, Reports and Quotes
I had the opportunity to connect with the CEO of a fast growing Latin American silver producer yesterday, Jorge A. Ganoza, President, CEO, Director and co-founder of Fortuna Silver Mines Inc. Jorge has taken the company from a $30 million market cap, to over $500 million where it stands today.
First Majestic Silver Corp. (FR.TO)(AG)(FMV.F) ("First Majestic" or the "Company") is pleased to announce that it has entered into a US$50 million forward sale contract with Bank of America Merrill Lynch on a portion of its future lead and zinc production.
First Majestic Silver Corp. ("First Majestic") (FR.TO)(AG)(FMV.F) and Orko Silver Corp. ("Orko") (TSX VENTURE:OK)(OKOFF)(OG3.F) are pleased to announce that the companies have entered into a definitive agreement (the "Arrangement Agreement") pursuant to which First Majestic has agreed to acquire all of the issued and outstanding common shares of Orko for consideration of 0.1202 of a common share of First Majestic (the "Exchange Ratio") plus $0.0001 in cash per Orko common share.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE Amex:SVLC)(NYSE MKT:SVLC)(CW5.F) (the "Company") is pleased to announce results of further drilling at the Santa Elena Mine in Sonora, Mexico. Seventy nine holes of a planned 100 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources (see attached Figures - http://media3.marketwire.com/docs/svl1204-F1-2.pdf). To date, this drill program has been successful and will…
I recently visited Huldra Silver Inc.’s [TSX-V: HDA] mining and milling operations in south-central British Colombia with the company’s CEO Ryan Sharp. Huldra Silver is emerging as Canada’s newest silver producer since they are hauling rock out of their second stope on Level 1 of their Treasure Mountain Mine, and their Merritt mill just shipped the first load of concentrates to a nearby smelter.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(CW5.F)(NYSE Amex:SVLC)(NYSE MKT:SVLC) (the "Company") is pleased to announce the results of an additional 15 holes (LJ DD12-75 to LJ DD12-89) of the Phase II drill program nearing completion at its La Joya Property in Durango, Mexico. Phase II drilling reported to date has extended the Main Mineralized Trend ("Trend") beyond the area containing the current Inferred Resource of 101.9 million ounces Ag Eq.
Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE:HDA) is pleased to provide details of its upcoming underground diamond drill program and planned surface drill program for the summer of 2013. The Company also wishes to announce it has achieved a major milestone in shipping the first concentrates from its mill in Merritt, BC.
Santacruz Silver Mining Ltd. (TSX VENTURE:SCZ) ("Santacruz" or the "Company") is pleased to report results from the first 7 holes of an ongoing 6,000 meter diamond drill program at its 100% owned Gavilanes Silver project in Durango, Mexico. This first drill program is designed to test three of seven known silver-bearing veins and a stockwork area within the 7,347 hectare property (see attached map which is also posted on the company''s website).
"We had another strong quarter with 558,185 silver equivalent ounces sold (2), for reported revenues of $16.7 million. The average cash operating cost was $7.60 per silver equivalent ounce, which is below our budget of $8.20. Our Santa Elena low cost, open pit heap leach mine operations continue to perform well, and generated cash flows of $10.2 million which will contribute to the financing of the Santa Elena Expansion plan and the development of our major polymetallic La Joya Project. Record…
"With the successful integration of the La Guitarra Silver Mine in the third quarter, First Majestic is now one step closer at reaching its senior producer status. By the end of this year, the Company will have a total of five producing silver mines. Production costs at La Guitarra came in better than expected at $65 per tonne and further cost reductions are anticipated by the end of the year. In addition, the adoption of La Guitarra further enhances First Majestic''s strategy of remaining the…
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