Silver – Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM) announced its financial results for the second quarter of 2013, commenting that its net earnings came in at $1.45 million, while cash flow from operations was $2.3 million.
Articles Tagged "Avino Silver & Gold Mines"
Silver – Investors continue to equate silver coins and bars with a cost-effective means of wealth preservation.
Silver – After rising last week, silver was largely without direction this week, wavering between $22.34 and $22.87.
Silver – Silver mining in Mexico is on the rise, and many hopefuls are flocking to the country to try their luck. Here’s a look at five such companies. Canada’s Aurcana (TSXV:AUN) owns 99.9 percent of the La Negra silver-copper-lead-zinc mine, which is located in Queretaro State, Mexico. As of 2009, La Negra was milling 1,000 metric tons (MT) per [...]
Gold – Avino Silver & Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM,FWB:GV6) announced that its Board of Directors has approved and adopted a Shareholder Rights Plan entitling shareholders to severable rights to purchase additional shares of the Company upon the occurrence of a take-over bid, which fails to meet certain conditions. Bids which meet these conditions do not trigger the rights to purchase additional shares.
Gold – Avino Silver & Gold Mines' (TSXV:ASM) Charles Daley spoke with the Investing News Network during PDAC 2013 in Toronto, to discuss Avino's plans for 2013. The Company is aiming to re-open its main Avino mine in Mexico by this time next year with a target of producing 1,000 tons a day.
Gold – Avino Silver & Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM,FWB:GV6) announced continued underground development extending the decline from level 4 to level 5, the purchase of new equipment from Caterpillar, and channel sample assay results.
Silver – Avino Silver & Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM,FWB:GV6) provided an update on its San Gonzalo mine in Mexico: underground development continues to extend the decline from level 4 to level 5, and new equipment has been purchased. The Company also announced channel sample results.
Silver – The silver spot price hit its lowest level in four months Thursday, but market analysts see the price of the white metal rising as much as 29 percent — to $40.25 an ounce — in 2013.
Silver – Silver started the week declining, but is now about where it was last week. Will the metal see yet another week of losses or will it be able to gain?