Silver Begins Slow Upward Climb
Silver – Silver fell to its lowest price in two and a half years last week, but has since begun to climb slowly — but steadily — upward.
Silver – Silver fell to its lowest price in two and a half years last week, but has since begun to climb slowly — but steadily — upward.
Silver – Silver Wheaton Corp. (TSX:SLW,NYSE:SLW) announced that it has closed a non-revolving term loan worth US$1 billion; the loan has a three-year term that is extendable by one year with the lenders' unanimous consent. The company plans to use the loan to in part to repay the balance on its bridge facility.
Silver – Silver Wheaton's Q1 results fell short of analysts' expectations, but CEO Randy Smallwood doesn't think that's a problem.
Silver – Silver Wheaton Corp. (TSX:SLW, NYSE:SLW) announced their first quarter results, including revenues of $205.8 million.
Gold – Money: mining companies need it and investors want to know what companies will use that money to make them money. An innovative conference sponsored by the Society for Mining, Metallurgy and Exploration (SME) called "Current Trends in Mining Finance—An Executive's Guide: What Are Lenders, Investors Looking For?" brought together about 145 experts who were actively funding and running companies for answers. In this interview with The Gold Report, SME Executive Director David Kanagy and Conference Co-Chair Tim Alch share some insights about alternative funding that could help more companies survive the year.
Silver – Silver Wheaton Corp. (TSX:SLW, NYSE:SLW) announced that they have filed the Form 40-F report and made available their 2012 audited financial statements.
Silver – Silver Wheaton Corp. (TSX:SLW, NYSE:SLW) announced audited results for Q4 and for 2013 year end, including record production and revenues
Silver – Silver Wheaton Corp. (TSX:SLW, NYSE:SLW) announced that their proven and probable reserves increased in 2012 to a record total of 1,116.1 million silver equivalent ounces.
Gold – Silver Wheaton Corp. (TSX:SLW, NYSE:SLW) announced that they will acquire from a Vale SA subsidiary an amount of gold equal to 25% of the life of mine gold production from its Salobo Mine in Brazil and 70% of the gold production, for a 20-year term, from mines in Sudbury.
Silver – Junior miners, prepare. Silver Wheaton believes majors are hungry for funding too.
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