… James Steel said in a note. HSBC also cut its 2013 silver price forecast to $26 per ounce from $33 and the 2014 price outlook to $27 per ounce from $31 earlier. The bank said factors limiting price appreciation for silver were likely to be growing …

Thursday, the Drumlummon Gold Mine in Marysville announced that it would be shutting down and more than 100 employees would be losing their jobs. The culprit appears to be a recent and precipitous drop in Gold prices from a high of about $1,800 in …

However, in a press release mine owner U.S. Silver & Gold Inc. backed off of the permanent closure statement, saying it would put its Drumlummon Mine on “care and maintenance” status. In recent weeks, the price of gold has dropped from a high of $1,888 …

In mid-2010 the company picked up the past-producing Sleeper gold–silver mine, which operated from 1986 to 1996, and produced roughly 1.65 million oz. gold and 2.3 million oz. silver during its mine life. At the time Sleeper was one of the lowest-cost …

"Those first pieces of gold were discovered, [and they] simply jumped into the creeks with our pans and our buckets and what we had we were cooping it up," said Dennis Price of Sutter Creek Visitors Center. Deep in the new mine, thousands of feet below …

Silver Driver No. 1: Relentless Buying of Physical Silver. Despite the drubbing that silver took in mid-April, there's one fact that most observers are ignoring: the physical silver market. While gold and silver prices took a pounding, silver investors …

Silver's current price, even at these corrected levels, continues to provide a much higher profit margin than other precious metals. Gold, for instance, is close to its all-in cost of $1,300 to $1,400 per ounce, while platinum is just at its all-in …

And yes, the gold–silver decline was nasty, taking down nominal precious metal prices, as well as the share price for many a mining firm, large, medium and small. So, why are 'Fears of Inflation' fading? It helps that oil prices are moderating and …

Reports of spot gold shortages and premiums being paid after the sell-off stabilized the drop with what almost feels like a bull market day for gold bugs again, partly confirmed by the World Gold Council opining that the drop in the price of gold has …

While determined gold and platinum bulls see a buying opportunity, the outlook for deep-level gold and platinum miners is worrying if prices stay at this level without any balancing effect from a weaker rand/dollar exchange rate. Last week the gold …

A stream entitles the streaming company to the right to purchase a predetermined portion of the resources produced by the mining company at an agreed upon price. In general royalty and streaming companies offer investors exposure to the mining industry …

Clients don't always follow our advice, so we ask them to limit their investment in physical gold and silver to less than 3% of their portfolio. Again, calling it an investment isn't really accurate. An investment is something that … “You could take …

DS-13-30 intercepted two structures– 6.6 meters grading 2.5 grams per tonne (g/T) gold and 315 g/T silver in the hanging wall (8.4 g/T gold equivalent at current metal prices) and a further intercept of 19.4 meters grading 2.3 g/T gold and 246 g/T …

We continue to hear from those in the financial services industry who advocate further price rises for gold; however we also hear how miners are preparing themselves for a new reality involving weaker prices. It is interesting to note that there is a …

Finally, if I had to condense the broad array of remarkable value opportunities I perceive among the miners of gold and silver today into just a couple of picks, those picks would unavoidably gravitate toward silver. Specifically, Endeavour Silver …

TO), which was forced to suspend construction on the Chilean side of its huge Pascua-Lama gold and silver mine last week over environmental concerns, dropped 10.4 percent to C$20.55 on the Toronto Stock Exchange. But rival Goldcorp Inc (G.TO) was …

LONDON – Mexican precious metals producer Fresnillo PLC said Thursday that it would review all capital expenditure and assess future exploration projects in the wake of the recent sharp fall in gold and silver prices but said it remains committed to …

This is one of the most important metrics to analyze the silver industry, and allows investors to easily compare companies and see where a potential bottom lies in the silver price. We will now use the same methodology to calculate the "all-in" gold …

HELENA, Mont. — U.S. Silver & Gold says it is shutting down the historic Drumlummon mine northwest of Helena because it costs more to produce an ounce of gold than it is worth. Employees were notified Wednesday. Drumlummon spokesman Darryl James …

GEOFF CANDY: Hard assets I should say – clearly you're an advocate for hard assets, what about mining equities because clearly that's an interesting class. They are fairly depressed at the moment and the … But I'm not going to go that far, I think we …

Silver Wheaton Corp. (NYSE: SLW) was trading at $22.89, up 0.70 percent in Monday's trading. SLW's price-to-earnings ratio is 13.78, with a market cap of $8.07 billion. Coeur d'Alene Mines Corporation (NYSE: CDE) was trading at $14.30, up 0.78 percent …