Category: Silver
Galahad Metals amends private placement
Galahad Metals Inc. (“the Company), (TSX VENTURE:GAX) announces that, subject to TSX Venture Exchange (the “Exchange”) approval, the Company has increased the previously announced non-brokered financing from 5,000,000 units to 6,000,000 non-brokered units at a price of $0.05 per unit.
Happy day: Silver hits 5-month high, gold attempts $1,800 and Dow scales 13,000
Silver’s gains for 2012 now stands at over 30% while gold added more than 180/oz in January and February. The last time the Dow closed above 13,000 was in May 2008.
Silver eagles soar
In World War I severe material shortages played havoc with production schedules and caused lengthy delays in implementing programs.
400 million euros worth of shipwrecked gold and silver coins back in Spain
Associated Press reports that two military planes laden with 17 tons of silver and gold coins recovered from a sunken Spanish galleon have touched down in Madrid.
Vedanta merger to create world’s 7th largest natural resources company
London-based Vedanta Group (LON:VED) announced Saturday a merger of two of its subsidiaries, Sesa Goa and Sterlite Industries, into a new corporate entity to be named Sesa Sterlite.
Miners saving the silver price?
In another look at the silver market, Will Bancroft takes a look at Eric Sprott’s call to silver miners in November 2011.
Coeur d’Alene back in black with $1-billion in metals sales
Coeur d’Alene Mines Corp. broke production and sales records in 2011.
Paramount Gold and Silver Reports Silver Grades Up to 1,896 g/Tonne From New Drilling at San Miguel Project in Mexico
Paramount Gold and Silver Corp. (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) (“Paramount”) today reported some of the highest silver grades yet discovered at its 100% owned San Miguel Project in Mexico.
Palpable change in tone in gold and silver markets
With gold and silver stronger yesterday and today in Europe and the U.S. there appears to have been a significant change in sentiment re the major precious metals.
Pan American Silver increases proven and probable mineral reserves after successful 2011 exploration campaign
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 22, 2012) –
(All amounts in US dollars unless otherwise stated and all production figures are approximate)


