Silver Stocks Charts, News, Reports and Quotes
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…
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC)(NYSE Amex:SVLC) (the "Company") is pleased to announce the completion of further drilling at the Santa Elena Mine in Sonora, Mexico.
Huldra Silver Inc. (TSX VENTURE:HDA) ("Huldra" or the "Company") is pleased to provide an update on the commissioning of its 200 tonne per day silver, lead and zinc crushing, grinding and flotation mill in Merritt, BC. The Company also wishes to update the current progress at the Treasure Mountain Mine, located 70 kilometers south of Merritt, BC.
Fortuna Silver Mines, Inc. (NYSE: FSM | TSX: FVI | BVL: FVI | Frankfurt: F4S.F) is pleased to announce that it has filed its financial statements and MD&A for the three and nine months ended September 30, 2012.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC)(NYSE Amex:SVLC) (the "Company"), is pleased to announce that it has paid out the remaining balance of the gold hedge facility established with Macquarie Bank Limited in June, 2009 as a condition of finalizing the Project Loan Facility for the construction of the Company''s Santa Elena Mine. The Company is now a completely unhedged silver and gold producer.
It’s not every company that can grow from nothing to approximately $160 million* in sales, with an operating income in the range of $50 million. Of course, these figures are extrapolated from the numbers reported for the first half of 2012. But one can’t help but believe that they will be accurate. Not least because, to date, Fortuna Silver Mines Inc. (NYSE: FSM/TSX: FVI) has made all of its deliverables.
It’s not every company that can grow from nothing to approximately $160 million* in sales, with an operating income in the range of $50 million. Of course, these figures are extrapolated from the numbers reported for the first half of 2012. But one can’t help but believe that they will be accurate. Not least because, to date, Fortuna Silver Mines Inc. (NYSE: FSM/TSX: FVI) has made all of its deliverables.
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