Silver Shaky Following Last Week’s Rise
Silver – After rising last week, silver was largely without direction this week, wavering between $22.34 and $22.87.
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) reported earnings for its first quarter of commercial production and released its audited consolidated financial statements for the 2012 fiscal year.
Gold – Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSEMKT:ASM) announced completion of installation and testing of a new circuit with an average throughput of 250 tonnes per day at its processing facility located on the Avino property near Durango, Mexico.
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.
Silver – Avino Silver & Gold Mines Ltd. (TSXV:ASM) announced its Q1 San Gonzalo production results. The Company reported an increase of 16.7% silver equivalent ounces in March over February.
Gold – Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.
Gold – Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSE:ASM,FWB:GV6) reported their February 2013 production results from the San Gonzalo mine in Mexico. Grade of concentrate produced was higher in February than January and the gold recovery was 4% lower, which could be the result of producing a higher grade concentrate, since higher concentrate grades typically result in lower recoveries.
Silver – Avino Silver and Gold Mines Ltd. (TSXV:ASM,NYSE:ASM,FWB:GV6) released their February 2013 production results from the San Gonzalo mine in Mexico. Grade of concentrate produced was higher in February than January and silver recovery was similar to January.
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.
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