CEO : Earnings : Feature : Reports : Up and Downgrades : Wire  



  News - Gold : Juniors : Mining : Silver | Bookmark : : Update Page

Silver Stock News Archives

Select different month:


Categories

Search



Silver Stock News


Aurcana Initiates PEA on Shafter Silver Project - "Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE:AUN) Aurcana Corporation is pleased to announce that it has initiated a Preliminary Economic Assessment (the "PEA") in respect of the Company's 100% owned Shafter Silver Project, in Presidio County, Texas. The PEA will provide a base-case assessment for the further development of the existing mineral resource and the recommencement of mining operations utilizing current mining infrastructure, including the existing shaft and the fully-constructed and permitted mill and tailings facilities. The objective of this study is to determine the potential economic viability of the mineral resources at Shafter along with a level of cost indication sufficient to proceed to the next level of evaluation. Completion of the PEA is expected in Q3 2016." More
- 05/31/16 | Item


IMPACT Silver Announces First Quarter 2016 Financial and Production Results - "Despite lower average silver prices in Q1 2016 compared to Q1 2015, the Company managed to increase production by 9% and reduce its operating expenses by 6% or $0.2 million over the same period last year. The Company's strategy of focusing on higher grade mineral on both the exploration and production fronts is proving effective. Our production performance during the first quarter 2016 continues to demonstrate IMPACT Silver's success and viability as a proven explorer and producer. In combination with stringent cost controls and improving grades, we achieved positive operational cash flow and positive EBITDA of $0.2 million this quarter." More
- 05/31/16 | Item


Endeavour Silver Completes Acquisition of Oro Silver Resources Ltd. - "Endeavour Silver Corp. (EXK) (EDR.TO) (the "Company or "Endeavour") is pleased to announce completion of the acquisition of Oro Silver Resources Ltd., a wholly-owned subsidiary of Canarc, which holds the El Compas gold-silver mine property and a five-year renewable lease on the 500 tonne per day La Plata ore processing plant in Zacatecas, Mexico. Details of the acquisition were previously announced by news release dated May 9, 2016." More
- 05/31/16 | Item


First Majestic Announces Election of Directors - "First Majestic Silver Corp. ("First Majestic" or the "Company") (AG)(FR.TO)(FMV.F)(AG) is pleased to announce the voting results for the election of its Board of Directors at its annual general meeting held on May 26, 2016." More
- 05/27/16 | Item


Endeavour Silver Announces Annual General Meeting Results - " Endeavour Silver Corp. (EXK) (EDR.TO) announces that at yesterday's Annual General Meeting in Vancouver, shareholders voted in favour of all items of business, including the re-election of each director nominee. A total of 58,802,520 million votes were submitted by proxy, representing 54.34% of the outstanding common shares as of the record date." More
- 05/27/16 | Item


Silvercorp Reports Silver Production of 5.0 Million Ounces, Cash Flows From Operations of $31.9 Million, or $0.19 per Share, for Fiscal Year Ended March 31, 201 - "For the year ended March 31, 2016 , net income attributable to equity holders of the Company was $6.3 million , or $0.04 per share, compared to net loss of $103.1 million , or a loss of $0.60 per share, in Fiscal 2015. The net loss in the prior fiscal year included non-cash impairment charges of $130.3 million , which reduced the carrying values of the GC mine and XHP project." More
- 05/26/16 | Item


Santacruz Silver Reports First Quarter Financial Results - "We have achieved constructive progress both operationally and financially in the first quarter this year." said Arturo Préstamo, President and CEO. "Our decision in Q3 2015 to move to an in-house mining team is now beginning to show the benefits. In addition, our change in mining method to cut-and-fill has resulted in better dilution control and consequently improved head grade. These measures were taken in order to produce efficient ounces and have resulted in the reduced costs you see in this first quarter. We will continue to implement cost saving initiatives going forward with a view to further reducing costs." More
- 05/26/16 | Item


Silver Wheaton announces election of directors and approval of special matters - "Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (SLW) (SLW) announces that the nominees listed below were elected as directors of Silver Wheaton at the 2016 Annual and Special Meeting of Shareholders." More
- 05/25/16 | Item


Almaden Minerals Ltd. Announces Closing of $4.4 Million Non-Brokered Private Placement - "Almaden Minerals Ltd. ("Almaden" or the "Company") (AMM.TO) (NYSE MKT: AAU) is pleased to announce that it has closed a non-brokered private placement involving the issuance of 3,229,082 units ("Units") at $1.35 per Unit. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant (each such whole share purchase warrant, a "Warrant"). Each Warrant allows the holder to purchase one common share of the Company at a price of $2.00 per share until November 25, 2018. Fees consisting of $147,925 in cash and warrants to purchase up to 45,944 common shares at a price of $1.44 per common share until November 25, 2018 were paid to PI Financial Corp. and other arms-length finders on a portion of the placement." More
- 05/25/16 | Item


IMPACT Silver Announces Private Placement - "IMPACT Silver Corp. (TSX VENTURE:IPT) ("IMPACT" or the "Corporation") is pleased to announce a brokered private placement (the "Private Placement") of a minimum of $3,000,000 worth of units (each a "Unit"), at a price of $0.57 per Unit (a minimum of 5,263,158 units). Each Unit consists of one common share and one-half of one warrant. Each whole warrant (each a "Warrant") entitles the holder to purchase one common share (each a "Share") per Warrant at a price of $0.90 per Share for a period of 36 months from the date of issuance." More
- 05/20/16 | Item


Hecla Declares Preferred Dividend - "Hecla Mining Company (NYSE:HL) today announced its Board of Directors has declared the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock, on a total of 157,816 shares outstanding. This represents a total amount to be paid of approximately $138,000. The cash dividend is payable July 1, 2016, to shareholders of record on June 15, 2016." More
- 05/20/16 | Item


Silver Standard Announces Voting Results - "Silver Standard Resources Inc. (SSRI) (SSO.TO) ("Silver Standard") announces that each of the 7 nominees listed in the management proxy circular for the 2016 Annual and Special Meeting of Shareholders were elected as directors of Silver Standard at the Annual Meeting held in Vancouver on Wednesday, May 18, 2016." More
- 05/19/16 | Item


Coeur Mining CEO: A Lot More Upside for Silver Prices - "Mitch Krebs, chief executive officer at Coeur Mining, discusses the silver market, the factors that can drive prices higher, and how gold and silver may perform if the federal reserve hikes interest rates." More
- 05/18/16 | Item


Alexco Closed C$13 Million Non-Brokered Equity Financing - 'Alexco Resource Corp. (AXR.TO)(NYSE MKT:AXU) ("Alexco" or the "Company") announces that it has closed the previously announced non-brokered private placement of units of the Company ("Units") at a price of C$1.20 per Unit (the "Private Placement") pursuant to which the Company issued 10,839,972 Units for aggregate gross proceeds of C$13,007,966." More
- 05/17/16 | Item


Santacruz Silver Files Technical Report for the Veta Grande Project on SEDAR - "Santacruz Silver Mining Ltd. (SCZ.V) (the "Company" or "Santacruz") announces that it has filed on SEDAR an independent Technical Report titled "Technical Report, Veta Grande Project, Zacatecas State, Mexico " (the "Report"), for the Veta Grande Project located in Zacatecas, Mexico . The Veta Grande Project includes: the Veta Grande Properties and Mine, and Minillas property, held under the agreement with Contracuña (see press release dated November 2, 2015 ), and the Zacatecas Properties held under option from Golden Minerals Company (see press release dated May 4, 2016 )." More
- 05/17/16 | Item


Avino Reports Q1 2016 Financial Results - "We are pleased to have delivered another quarter of positive operating and financial results. Our revenues from the San Gonzalo Mine were lower than expected due to a new sales arrangement which resulted in only two months of sales. Going forward, each quarter will reflect three months of sales and related production costs." More
- 05/17/16 | Item


MAG Silver Adopts New Shareholder Rights Plan to Replace Existing Rights Plan - "MAG Silver Corp. (MAG.TO)(NYSE MKT:MVG) (the "Company", "MAG", "we" or "our") announced today that its Board of Directors (the "Board") has adopted a "new generation" shareholder rights plan (the "New Rights Plan")." More
- 05/13/16 | Item


MAG Silver Reports First Quarter Financial Results - "On March 1, 2016, the Company closed a bought deal public offering and issued 8,905,000 common shares at $7.30 per share, for gross proceeds of $65,006. On March 4, 2016, the underwriters exercised in full an associated 15% over-allotment option, and the Company issued an additional 1,335,750 common shares for additional gross proceeds of $9,751. Combined net proceeds totaled $70,699." More
- 05/12/16 | Item


Pan American Silver announces results of annual general and special shareholders meeting - "Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) (the "Company") is pleased to announce the voting results from its annual general and special meeting of shareholders held on Wednesday, May 11, 2016, in Vancouver, British Columbia." More
- 05/12/16 | Item


Pan American Silver Announces its Unaudited 2016 First Quarter Results - "We are off to a very good start in 2016, delivering robust production and a respectable financial performance. We produced more silver, gold and base metals as compared to the same quarter of last year, significantly reduced our costs, generated adjusted earnings of $0.02 per share and cash flow from operations of $28.4 million (before changes in working capital). These results were achieved in spite of lower prices on our silver and gold sales than in Q1 2015, which trimmed our revenue by nearly $20 million." More
- 05/11/16 | Item


Alexco Reports First Quarter 2016 Results - "Alexco Resource Corp. (NYSE MKT:AXU)(AXR.TO) today reports financial results for the first quarter ended March 31, 2016. All figures are expressed in Canadian dollars unless otherwise stated. For the first quarter of 2016 Alexco recorded a net loss of $2.1 million or $0.03 per share, including $0.8 million in depreciation and other non-cash costs. Alexco Environmental Group ("AEG"), a wholly owned subsidiary of Alexco, recognized revenues of $2.3 million with a gross profit of $0.6 million, achieving a gross margin of 24%." More
- 05/11/16 | Item


Silver Standard reports first quarter 2016 results - "We have had an excellent start to the year with 84,000 gold equivalent ounces produced at cash costs and AISC of $715/oz and $859/oz, respectively. We are well-positioned to continue with strong production in Q2 and the devaluation of the peso has allowed us to reduce our cash cost guidance at Pirquitas. Our robust operating performance has also allowed us to continue to add cash to the balance sheet despite investing in exploration and projects for the future." More
- 05/11/16 | Item


Great Panther Silver ends option agreement for Coricancha Mine but continues evaluation - "GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL) ("Great Panther"; the "Company") announces that it has given notice to Nyrstar that the Company is ending the option agreement for a 100% interest in the Coricancha Mine in Peru. However, Great Panther is continuing with its evaluation of the project and may still enter into negotiations for the purchase of the mine." More
- 05/11/16 | Item


Excellon Reports Results of Annual Meeting of Shareholders - "(EXLLF) ("Excellon" or the "Company"), Mexico's highest grade silver producer, is pleased to report that shareholders voted in favour of all items of business, including the election of directors at the 2016 Annual Meeting held on May 10, 2016." More
- 05/11/16 | Item


Excellon Reports First Quarter 2016 Financial Results - "We continued to make good progress in reducing operating costs during the first quarter," stated Brendan Cahill, President and Chief Executive Officer. "After accessing the Rodilla Manto earlier than planned in late February, we realized an AISC of $11.72 for March, demonstrating the opportunity to dramatically reduce costs per ounce under dry mining conditions at Platosa. We continue to execute our dewatering strategy, with the primary production wells now being drilled. Additionally, subsequent to the end of the quarter, we strengthened our balance sheet with a financing from Eric Sprott and the closing of the transfer of the DeSantis property's mining claims to Oban Mining. Looking ahead, our focus is to continue to improve operating results as the Platosa optimization program is implemented." More
- 05/10/16 | Item


First Majestic Reports First Quarter Financial Results - "Profit margins increased in the first quarter due to additional cost savings and various operational improvements across the business," stated Keith Neumeyer, President and CEO of First Majestic. "Even with relatively flat silver prices compared to the previous quarter, we generated strong free cash flow due to lower operating costs and higher production at the mines. Our new mine, Santa Elena, had another great quarter and continues to exceed our expectations. Due to the significant cash flows now coming into the business combined with the recently announced C$50 million financing, we are beginning to evaluate internal growth projects, starting with increasing development and exploration at each of our operations in the coming quarters." More
- 05/10/16 | Item


Fortuna Reports Consolidated Financial Results for the First Quarter 2016 - "We have made a strong start to the year operating well within our production and cost targets and look forward to the commissioning of our key expansion project at the San Jose Mine in July." Mr. Ganoza continued, "At San Jose's new production rate of 3,000 tpd, the company will target total annual consolidated production of approximately nine million ounces of silver and fifty-two thousand ounces of gold, with an AISCC below $9.0 per ounce of silver." More
- 05/09/16 | Item


Silver Wheaton Declares Second Quarterly Dividend Payment for 2016 - "Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (SLW) (SLW) is pleased to announce that its Board of Directors has declared its second quarterly cash dividend payment for 2016 of US$0.05 per common share." More
- 05/09/16 | Item


Silver Wheaton Announces Solid Start To 2016 - "Silver Wheaton had a solid start to 2016, and the company is on track to realising its production guidance of 54 million silver equivalence ounces for the year," said Randy Smallwood , President and Chief Executive Officer of Silver Wheaton. "With strong performances from the Salobo and Antamina mines offsetting a shortfall from the San Dimas mine, Silver Wheaton achieved its second best quarter ever of production and sales volumes. Production at the San Dimas mine was below expectations; however, it was related to Primero's efforts to enhance safety at the mine, an initiative that we fully support. Beyond our existing assets, Silver Wheaton continues to focus on acquiring new accretive streams from high-quality, low-cost mines. Having recently completed an equity offering, we believe that we are well-positioned to benefit from an environment that is ripe with opportunities." More
- 05/09/16 | Item


Endeavour Silver Signs Definitive Agreement to Acquire Oro Silver Resources and Its El Compas Gold-Silver Mine Property and Leased Plant From Canarc Resource - "Endeavour Silver Corp. (EXK) (EDR.TO) is pleased to announce it has entered into a definitive agreement with Canarc Resource Corp. to acquire a 100% interest in Oro Silver Resources Ltd., a wholly owned subsidiary of Canarc. Oro Silver holds the El Compas gold-silver mine property and a five-year renewable lease on the 500 tonne per day (tpd) La Plata ore processing plant in Zacatecas, Mexico." More
- 05/09/16 | Item


Endeavour Silver Announces At-The-Market Offering of up to US$40 Million - "Endeavour Silver Corp. (EXK) (EDR.TO) announces it has entered into a sales agreement dated May 5, 2016 (the "Sales Agreement") with Cowen and Company, LLC ("Cowen"), pursuant to which the Company may, at its discretion and from time-to-time during the term of the Sales Agreement, sell, through Cowen, as agent or principal, such number of common shares of the Company ("Common Shares") as would result in aggregate gross proceeds to the Company of up to US $40 million (the "Offering")." More
- 05/05/16 | Item


Tahoe Resources Declares Fifth Monthly Dividend For 2016 - "Tahoe Resources Inc. (TSX, THO; NYSE: TAHO) is pleased to declare its fifth monthly dividend for 2016 of USD$0.02 per common share. Shareholders of record at the close of business on Thursday, May 19, 2016 will be entitled to receive payment of this dividend on Thursday, May 26, 2016." More
- 05/05/16 | Item


Hecla Reports First Quarter 2016 Results - "Hecla Mining Company (NYSE:HL) (Hecla or the Company) today announced first quarter net loss applicable to common stockholders of $0.8 million, or $0.00 per basic share, and adjusted net income applicable to common stockholders of $7.2 million, or $0.02 per basic share." More
- 05/05/16 | Item


Great Panther Silver reports first quarter 2016 financial results - "Great Panther continued to deliver strong performance from its operations in the first quarter, including continued reductions in cash costs and all-in sustaining costs, while staying on track with our full year operating guidance," stated Robert Archer , President and CEO. "Our mine operating earnings before non-cash items increased 16% over the first quarter of the prior year due to significantly lower cash costs and favourable foreign exchange rates. Consolidated cash cost for the Company continued the declining trend of last year to reach US$4.20 per payable silver ounce, an impressive reduction of 52% from the first quarter in 2015." More
- 05/04/16 | Item


Santacruz Options Zacatecas District Claims from Golden Minerals Company - "Santacruz Silver Mining Ltd. (SCZ.V) (the "Company" or "Santacruz") reports that it has entered into an option agreement to acquire from Golden Minerals Company ("Golden Minerals") certain mineral claims located in the Zacatecas Mining District, Zacatecas, Mexico (the "Zacatecas Properties")." More
- 05/04/16 | Item


Tahoe Resources Reports Strong Earnings In First Quarter 2016 - "Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) ("Tahoe" or the "Company") today announced financial and operating results for the three months ending March 31, 2016 and provided a production update for operations in Guatemala, Peru and Canada. Financial and operating data for the Company's Canadian operations, acquired on April 1, 2016, are not included in the first quarter 2016 results." More
- 05/03/16 | Item


Golden Minerals Announces $4 Million Registered Direct Offering - "Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company) today announced that it has entered into a definitive agreement with institutional investors for an offering of shares of common stock with gross proceeds of approximately $4 million . The closing of the offering is expected to take place on or about May 6, 2016 , subject to the satisfaction of customary closing conditions." More
- 05/03/16 | Item


Aurcana Files 2015 Annual Financial Statements - "Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE:AUN) is pleased to announce the filing of the Company's Annual Financial Statements the (Financial Statements) and Management's Discussion & Analysis (MD&A) for the year ended December 31, 2015 on SEDAR. These documents include financial information on both continuing and discontinued operations of the Company." More
- 05/02/16 | Item


Pan American Silver Corp. - Early Warning Report - "Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) ("Pan American" or the "Company") has acquired ownership of an additional 5,723,550 common shares for CAD$0.22 per common share and 1,070,000 common shares for CAD$0.275 per common share, totalling 6,793,550 common shares (the "Common Shares") of Kootenay Silver Inc. ("Kootenay"), pursuant to a subscription agreement (the "Subscription Agreement") between Pan American and Kootenay dated February 15, 2016 , as amended by the letter agreement between the parties dated April 26, 2016 (the "Private Placement")." More
- 05/02/16 | Item


Santacruz Silver Reports Fourth Quarter / Year-End 2015 Financial Results - "Despite some challenges in early 2015, we exited the calendar year of 2015 with very good operational results. We have seen significant improvement in costs at the Rosario Mine and our intention is to continue that improvement into 2016," said Arturo Préstamo, President and CEO. "Our focus at both the Rosario Mine and now the Veta Grande Mine is to produce cost effective silver equivalent ounces. This will continue to be a priority for our operational team as we move forward." More
- 05/02/16 | Item