Fortuna sees a reversal of fortunes
Fortuna Silver Mines(FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.
Fortuna Silver Mines(FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.
Investor frustration over the slow pace of the global economic recovery was seen as the culprit in the TSX Composite Index decline of 143 points to 12,392.18 points for the March 26-30 period.
Vancouver — Fortuna Silver Mines (FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.
What a difference a year makes.
“There is a huge amount of uncertainty in the financial markets right now,” says Lawrence Roulston, a geologist and the editor of the newsletter Resource Opportunities, at the recent Cambridge show in Toronto. “There is so much negativity with…
Shares of Fortuna Silver Mines (FVI-T) jumped 55¢ or 11% to $5.50 per share on news that the processing plant at its 100%-owned San Jose silver-gold mine in southern Mexico had begun producing silver-gold concentrate.
Shares of Fortuna Silver Mines (FVI-T) jumped 55¢ or 11.11% to $5.50 per share on news that the mill at its 100%-owned San Jose silver-gold mine in southern Mexico had started producing silver-gold concentrate.
Already hit by a retreat in the silver price, a leftist presidential victory, and rumblings of local discontent, Bear Creek Mining (BCM-V) was broadsided on June 25 by the Peruvian government’s decision to revoke the licence for its Santa Ana…
Fortuna Silver Mines (FVI-T) started building its San Jose underground silver-gold mine 47 km south of the city of Oaxaca in southern Mexico in the second quarter of 2010. Now, the company says it can increase the start-up production rate from…
Fortuna Silver Mines (FVI-T) started building its San Jose underground mine in southern Mexico in the second quarter of 2010 and now says it can increase its start-up production rate from 750 tonnes per day to 1,000 tonnes per day.
Fortuna Silver Mines (FVI-T) has added significant tonnage to its overall resource holdings and plans more exploration for the year ahead.
Vancouver – Fortuna Silver Mines (FVI-T) has added significant tonnage to its overall resource holdings with extensive exploration planned for the year ahead.
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