Anybody who has been invested in the precious metals mining sectors, and especially the silver miners, has at least heard of the new Mexican tax law that will significantly raise taxes for those mining in the country. The details of this law can be …
At various points last year, seven, eight or more of the 10 worst non-leveraged ETFs had some something to do with gold an silver and several of those funds were mining funds such as the Market Vectors Gold Miners ETF (NYSEArca: GDX) and the Global X …
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes — just in case they're material to our investing thesis. Gold continued to disappoint those who turned to the yellow metal as …
My thesis here is that Silver Wheaton (SLW) is a compelling stock to own for those investors who want exposure to the price of silver and to the potential leverage offered by mining companies without several of the risks inherent in mining companies.
Castrovirreyna posted a third quarter loss of 1.6mn soles after zinc, lead and silver prices slumped. The company produced 749t lead, 848t zinc and 20,077kg silver through the first nine months of 2013, according to the energy and mines ministry (MEM).
On the supply side, we note that newly mined gold supply in 2013 was around 2,800 tonnes [final figures yet to be published] and scrap gold was around 1,400 tonnes, before U.S. sales [which were around 1,200 tonnes in 2013]. That totaled 5,400 tonnes.
VANCOUVER, BRITISH COLUMBIA, Jan 27, 2014 (Marketwired via COMTEX) — True Gold Mining Inc. (CVE:CA:TGM) ("True Gold" or the "Company") is pleased to announce that the Company has received an Exploitation (mining) Permit to develop and …
Last Thursday, gold rallied significantly, mining stocks rallied less significantly (didn't close higher than last Tuesday), and silver moved higher very insignificantly. Let's see how much changed (charts courtesy of http://stockcharts.com). Click to …
As the price of silver has fallen over the past couple of years, most mining companies that focus on silver have not been able to make a profit at the current price. This has gotten so bad that we have begun to see mine closers, notably Golden Minerals …
Jay Layman, a Director, the President and Chief Operating Officer of Seabridge Gold, chats with Vanessa Collette about his company's exciting activities in northern British Columbia and explains why he sees positive things ahead for the mining industry.
That performance is outpacing the also-impressive gains in their larger-cap counterparts, the $7 billion Market Vectors Gold Miners ETF (GDX) and the $216 million Global X Silver Miners ETF (SIL), as in the chart below. These are a significant jump in …
Ndablama locates within the Northern Block of the Company's 100% owned, Bea Mountain Mining licence in Liberia, and is situated 40 kilometres north-east of Aureus' flagship New Liberty Gold project. Highlights. Final results from assays are presented …
Small cap gold or silver mining stocks Amalgamated Gold and Silver Inc (BCHS), Canyon Gold Corp (CGCC) and Fernhill Corp (FERN) were either producing or taking away gold and silver from investors and traders alile last Friday. By Peter Graham. Jan 27 …
However painful, the reserve cuts and associated writedowns are seen helping nurse the sector back to longer-term health by discouraging miners from seeking low-margin growth at the expense of profits. It is a shift most mining executives have promised …
The long run-up in gold prices spurred activity in the mining sector, with hundreds of junior players raising morsels of cash from starry-eyed investors to finance their exploration activities. But as prices for the metal faltered in 2012, the easy …
Located 25 miles north of Yuma in the barren, rocky Trigo Mountains, the Silver mining district was established after the railroad had reached Yuma in 1878. It was prospected as early as the 1860s by miners who were initially attracted to gold-bearing …
MMG, the Hong Kong-listed overseas mining unit of state-run China Minmetals – the nation's largest metals trader – will book US$21.6 million of costs related to the ending of production at its gold mine in Laos which could have a significant impact on …
Kerr Mines Inc. ("Kerr Mines") and Bear Lake Gold Ltd. ("Bear Lake") are pleased to announce that they have entered into a letter agreement to combine the two companies (the "Transaction"). Transaction Details. Under the terms of the letter agreement …
Discovery Channel has found another way to try to strike gold. The home of reality series about modern-day gold miners airs Klondike (Monday through Wednesday, 9 ET/PT), a three-part miniseries that marks the channel's first scripted project. It's …
Singapore 27/01/2014 – As ongoing strikes hit the platinum sector in South Africa, strikes that were slated to hit gold mines as well were put on hold pending a labour court ruling and temporarily postponed till 30 January. Last monday, the Association …
VANCOUVER, British Columbia–(BUSINESS WIRE)–(LVCA:OTCBB) Lake Victoria Mining Company, Inc., has commenced forward gold sales through “Buy Gold Direct”, its web based offering of gold bullion bars. The Company, using Forward Gold Purchase …