SILVER NEWS

SILVER SALES

Record demand pushes US Mint silver coin sales up over 40% so far this year

Friday , 05 Mar 2010
Silver sales hit 3.59 million ounces in January, a record in the history of the Mint's bullion programme
PEÑASQUITO, PASCUA-LAMA SILVER CORNERSTONE ASSETS

Silver Wheaton anticipates 35% increase in attributable 2010 silver production

Friday , 05 Mar 2010
Silver Wheaton CEO Peter Barnes says 2009 was a "transformational year" for the company as the groundwork was laid for continued strong organic growth well into the future.
SILVER ETFS TO SLIGHTLY DECLINE

RBC says silver demand will continue to outpace new mine supply

Wednesday , 03 Mar 2010
RBC Capital Markets estimates that most silver equities will be reflecting a long-term silver price of $13/oz, well below the current spot price of $16.44/oz.
4.26 MN OZS GOLD RESERVES, 374 MN OZS SILVER

Fresnillo will emphasize exploration, mine and production growth in 2010

Wednesday , 03 Mar 2010
The world's largest primary silver miner, Mexico's Fresnillo reported a year of "significant operational progress," substantial increase in total resources, and record silver production in 2009.
VALUATIONS

Fresnillo's billion dollar silver story

Tuesday , 02 Mar 2010
The world's biggest producer of primary silver commands a huge market value, thanks to its London listing, and precious metals cache.
IMPROVED OUTPUT FORECAST FOR 2010

Minefinders shares rise on first-ever quarterly profit

Tuesday , 02 Mar 2010
The group says the numbers were helped by commercial production at its flagship Dolores mine
VETERAN LEAD-ZINC-SILVER MINING CAMP

Financials show Perilya and Broken Hill are clearly back from the brink

Friday , 26 Feb 2010
A year ago miner Perilya and the famous Broken Hill mining centre in the far west of New South Wales were looking down the barrel, reeling from the impact of the global financial crisis. The rescue at that time came from Chinese company Zhongjin Lingnan Mining (HK) Co Ltd.
NET LOSS OF $31.9M

Coeur reports all time record silver production, silver reserves

Friday , 26 Feb 2010
Coeur d'Alene Mines' decision to invest in a "robust exploration program" in 2009, paid off handsomely with 269 million ounces of silver reserves and 2.9 million ounces of gold reserves at year-end.
STRIKE ACTION

Buenaventura workers to strike again

Wednesday , 24 Feb 2010
The workers said Tuesday they plan to resume their strike on March 4
SHARP REBOUND IN INDUSTRIAL DEMAND

BMO digs deeper into silver as production and demand constrain physical market

Wednesday , 24 Feb 2010
Stronger demand and lackluster supply growth could propel silver to $20/oz this year and next and maintain silver as an outperformer, BMO Capital Markets forecasts.
NOT OUT OF THE WOODS YET

Union brings Buenaventura strike to a close

Monday , 22 Feb 2010
Miners at the Peruvian mine returned to work on Saturday but said another strike may begin on March 3
LUCKY FRIDAY BEST YEAR EVER

Record silver production puts Hecla in ‘the best shape' since 1891

Thursday , 18 Feb 2010
With record silver production, record silver reserves,$54.2 million in net profit, cash in the bank and improved concentrate quality, Hecla has plenty to celebrate this year.
EARNINGS NUMBERS

Pan American Silver posts Q4 profit

Tuesday , 16 Feb 2010
The group attributed the jump to stronger production and prices. It expects 2010 silver output to be in the region of 23.4 million ounces
VOLATILITY STILL AN ISSUE

Gold and Silver; the beauty and the beast

Monday , 15 Feb 2010
As gold weathers (just) yet another bout of risk aversion, silver has retained its well-deserved reputation for volatility - but how has it stood up to gold in the longer term?
Q3 NUMBERS

Pan American Silver Q3 profit almost triples

Friday , 12 Feb 2010
The group says the expansion of two mines boosted both silver and gold production
INVESTMENT INSIGHTS

Silver stocks smashed and bloodied

Friday , 05 Feb 2010
It's seems to be a case of "who blinks first" in this USD 25bn equities subsector, where the king of volatility resides.
‘UNPRECEDENTED DEMAND FOR BULLION COINS'

U.S. Mint silver, gold, platinum coin revenue hits $1.7bn record high in FY 2009

Wednesday , 03 Feb 2010
Despite the inability of the U.S. Mint to acquire sufficient blanks, both gold and silver bullion coins smashed sales records due to unprecedented investor demand in FY 2009.
PRECIOUS METAL ETFS

Gold, silver ETFs see major outflows in January

Monday , 01 Feb 2010
Analysts say sustained outflows from gold ETFs could occur if attitudes toward the yellow metal sour
GOLD, SILVER AND PLATINIUM

Silver bullion, stocks, on walkabout

Wednesday , 27 Jan 2010
Is the high beta some associate with listed silver stocks finding purchase?
28.2M ATTRIBUTABLE SILVER EQUIVALENT OUNCES IN 2009

Hochschild says 2009 output jumped 8%

Thursday , 21 Jan 2010
The group remains confident about the prospects for gold and silver prices in 2010 but, notes that costs at underground mines are likely to increase this year
EUROPEAN SOCIALISM

Silver, gold and uranium are Howard Ruff's picks to profit in inflationary times ahead

Sunday , 17 Jan 2010
Howard Ruff, publisher of the Ruff Times, sees inflation ahead for the U.S. as it moves towards a more socialist style of government and picks gold, silver and uranium as investments sectors of interest. Interview with The Gold Report.
‘2009 WAS AN EXCEPTIONAL YEAR'--BAKER

Hecla forecasts 10m-11m ounces 2010 silver production

Friday , 15 Jan 2010
With record production, strong metals prices and repayment of all debt, Hecla Mining CEO Phil Baker considers 2009 to be "an exceptional year".
INVESTOR HUB: Silver


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REKO DIQ

Barrick CEO optimistic Reko Diq gold-copper project will go ahead

Wednesday , 10 Mar 2010
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