U.S. equities swung back into the positive territory. The Dow Jones Industrial Average increased 1.4% to 18,080.14 points and the S&P 500 Index added 1.8% to 2,117.69. The Nasdaq rose 3.2% to 5,092.08. The gold price, however, fell US$15.30…
Given the plunge in silver and gold prices, Raymond James analysts are urging investors to stick with quality names, in terms of assets, balance sheets and management.
The S&P 500 Index posted its biggest weekly decline since March 2012, as anxiety about weak global economic growth in Europe and China and concerns about the winding down of the U.S. Federal Reserve’s bond-purchasing program drove…
Canada’s main stock index posted its biggest loss in more than a year as investors fretted about the state of the global economy, despite robust employment data.
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) expects its San Jose mine in Mexico will produce 4 million oz. silver and 30,400 oz. gold this year, up from the 2.5 million oz. silver and 19,031 oz. gold it churned out in 2013.
VANCOUVER — Fresh from doubling the throughput at its San Jose silver–gold mine in Mexico, Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is finding that a steady stream of high-grade drill results from the mine’s new Trinidad…
While some analysts remain bullish on Fortuna Silver Mines (TSX: FVI; NYSE: FSM), the overall market doesn’t seem to agree.
VANCOUVER — Shares of Mexico-focused producer Fortuna Silver Mines (TSX: FVI; NYSE: FSM) received a boost following news of a successful drill program at the company’s San Jose silver-gold mine in Oaxaca State, Mexico. On Oct. 17 Fortuna…
When it comes to pedigree in South America’s mining industry, it doesn’t get much better than the storied Ganoza family of Peru, which has owned and operated underground gold, silver and base metal mines in both their homeland and…
Fortuna Silver (FVI-T) continues to bulk up its San Jose mine in the south of Mexico, and this time it is doing it for free.
Markets rallied mainly on statistics from the U.S. Labor Department showing 175,000 jobs were added in May, up from 149,000 in April. The Dow Jones Industrial Average inched up 0.88% to 15,248.12, while the S&P 500 Index rose 0.78% to…
Earlier this year Fortuna Silver Mines (FVI-T, FSM-N) bought a 55% stake in the Taviche Oeste concession surrounding its San Jose silver mine in Oaxaca, Mexico, from Pan American Silver (PAA-T, PAAS-Q) for US$4 million, with an option to pick…
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