Silver – Mineweb reported that after hedging 20 and 18 percent of silver and gold production, respectively, for 12 months, Pan American Silver Corp. (TSX:PAA,NASDAQ:PAAS) now plans to close out its outstanding hedge contracts. It believes its actions may have "sent the wrong message to the market and to the company's shareholders."
Articles Tagged "Pan American Silver"
Silver – Aura Silver Resources Inc. (TSXV:AUU) announced that, along with Intrepid Mines Ltd. (TSX:IAU,ASX:IAU), it received a US$2 million net payout of prior concession fees owed to Pan American Silver Corp. (TSX:PAA,NASDAQ:PAAS). In total, Aura received about $1.3 million, which it will use in part to advance exploration at the East Taviche and Greyhound properties.
Silver – Investors continue to equate silver coins and bars with a cost-effective means of wealth preservation.
Silver – SilverSeek reported that falling yields are becoming a big problem for the silver industry because yield declines indicate that high-grade silver production is being replaced by low-grade supply that is more expensive.
Silver – A look at the dividend payments being doled out by silver companies.
Silver – The silver market is reportedly in surplus and many miners are expecting to see supply increases.
Silver – Pan American Silver Corp. (NASDAQ: PAAS, TSX: PAA) announced that they have increased the amount of the first quarterly cash dividend for 2013 by 150% to $0.125 per common share. As quoted in the press release:
Silver – Pan American Silver Corp.(NASDAQ:PAAS, TSX: PAA) announced production results, including a record breaking 6.9 million ounces of silver in Q4.
Silver – Investment in silver ETFs reached a record high last month.
Silver – The Street reported that some silver companies are up in New York on Thursday's midday trading session.