Copper Shakes Off Losses, Pessimism Lingers
Copper – Despite having recouped some of its losses from the previous session, Dr. Copper appears to be suffering from an ailing economy.
Copper – Despite having recouped some of its losses from the previous session, Dr. Copper appears to be suffering from an ailing economy.
Gold – South American Silver Corp. (TSX:SAC) announced gold intersections of 12.19 g/t at a new Gold zone at its Escalones project. The discovery came as part of the results from diamond drill hole ES-43 at Escalones. The Company reported that assays are pending for the rest of the hole.
South American Silver Corp. (TSX:SAC) is a mineral exploration company focused on the exploration and development of the Escalones copper-gold project in Chile.
Silver – Silver prices declined further this week and some firms adjusted their outlook for the metal.
Silver – South American Silver (TSX:SAC) provided an update on the dispute between the Company's wholly-owned subsidiary South American Silver Limited and the Plurinational State of Bolivia, where the Government of Bolivia revoked all mining concessions of Compañia Minera Malku Khota S.A. (CMMK), a wholly owned subsidiary of South American Silver, which is a protected investor under the Bilateral Investment Treaty between the United Kingdom and Bolivia. The acts and omissions of the Bolivian Government are in violation of the UK-Bolivia Treaty and of international law.
South American Silver (TSX:SAC) announced the release of its unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2012 and the related management's discussion and analysis of financial position and results of operations.
Silver – Mining Weekly reported that South American Silver notified the Bolivan government about an investment dispute, when its subsidiaries lost mining concessions.
Rare Earth – South American Silver (TSX:SAC) denies all accusations by the Bolivian Government and continues to vigorously exercise all of its rights, including through international arbitration, to obtain full compensation and the fair market value of the Malku Khota project.
Silver – South American Silver Corp. (TSX:SAC) reports its plan of action after receiving official notice of a Nationalization Decree of its Malku Khota silver-indium project in Bolivia.
Silver – The Globe and Mail reported that Bolivia has seized and nationalized the assets of South American Silver Corp (TSX:SAC) under the accusation that the Vancouver-based miner was responsible for the violent conflict between two communities surrounding its Malku Khota project.
Get our independent commentary on resource trends and companies delivered to your inbox.