Silver



A driller loads a rod at Orko Silver's La Preciosa silver-gold project in Durango state, Mexico. Photo by Ben Whiting.

Coeur outbids First Majestic for Orko

Coeur d’Alene Mines (CDM-T, CDE-N) has trumped First Majestic Silver (FR-T, AG-N) in a contest to acquire Orko Silver (OK-V) for its coveted La Preciosa project, ranked as one of the world’s largest undeveloped silver deposits.



Pit stripping and excavation activity at Turquoise Hill Resources' Oyu Tolgoi copper-gold project in Mongolia's South Gobi dessert. Sources: Turquoise Hill Resources

Oyu Tolgoi’s feasibility study delayed

Turquoise Hill Resources (TRQ-T, TRQ-N) updated the market with good and bad news about its 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert.


Processing facilities under construction at Santacruz Silver's Rosario silver-gold-zinc-lead project in Mexico. Source: Santacruz Silver

HSBC’s sunny silver outlook

James Steel of HSBC in New York is raising his average price forecast for silver to US$33 per oz. for 2013 and to US$31 per oz. for 2014, up from US$32 per oz. and US$28 per oz. owing to improving industrial demand and investor appetite, and a…


Equipment at Sona's Elizabeth gold project in British Columbia. Source: Sona Resources

Sona signs MOU with Chinese contractor

Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of British Columbia, about…


HSBC talks silver

James Steel of HSBC in New York is raising his average price forecast for silver to US$33 per oz. for 2013 and to US$31 per oz. for 2014, up from US$32 per oz. and US$28 per oz., respectively, due to a combination of improving industrial demand…


Kelly Cluer, Altan Nevada's director of exploration, inspects a sample at the Radar gold-silver property in Nevada. Photo by Matthew Keevil.

Altan on the trail for Nevada’s next gold discovery

CARSON CITY, NEVADA — Driving along a broad stretch of freeway on the outskirts of Reno, it is obvious that Altan Nevada’s (ANE-V) director of exploration Kelly Cluer calls Nevada home. He spent the first 10 years of his career here…


Back Forty gains grade but work still suspended

VANCOUVER — A new resource estimate for the Back Forty poly-metallic project in Michigan’s Upper Peninsula has boosted the deposit’s metal grades. But despite the improvement, no work is underway at the site because project…




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