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Nicole Rashotte

21 09, 2018

Silver Edges Up on Weaker US Dollar

By |2018-09-21T04:51:06+00:00September 21st, 2018|Coin Shop Blog|Comments Off on Silver Edges Up on Weaker US Dollar

Silver made its biggest gains in two weeks on Thursday morning (September 20) after the US dollar took a hit on the back of a variety of ongoing geopolitical concerns. The upswing has investors hopeful, but cautious, as it was just last week that the white metal dropped below US$14 per ounce, falling to its lowest level in 2.5 years. “There's been a lot of people that have given up on the silver market and that is verified by the amount of retail sales in silver,” David Morgan of the Morgan Report told the Investing News Network when asked about [...]

6 09, 2018

Coeur Announces Commercial Production at Silvertip Mine

By |2018-09-06T04:17:17+00:00September 6th, 2018|Coin Shop Blog|Comments Off on Coeur Announces Commercial Production at Silvertip Mine

Coeur Mining's (NYSE:CDE) Silvertip silver-zinc–lead project has begun commercial production, prompting the miner to update its full-year guidance, the company announced on Tuesday (September 4). Couer purchased the mine, which is located in northern British Columbia, in October of last year with initial production beginning in March 2018. “[O]ur team has been focused on optimizing plant performance and on upgrading the mine's infrastructure. We continue to be excited about the impact Silvertip is expected to have on our production, margins and cash flow beginning next year,” said Mitchell J. Krebs, president and CEO. Will Silver Go Up This Year?   [...]

31 08, 2018

Endeavour Silver Updates PFS for Terronera Mine Project

By |2018-08-31T04:11:02+00:00August 31st, 2018|Coin Shop Blog|Comments Off on Endeavour Silver Updates PFS for Terronera Mine Project

Endeavour Silver (TSX:EDR,NYSE:EXK) has completed an updated prefeasibility study (PFS) for its Terronera mine project in Mexico, the company announced on Thursday (August 30). According to Endeavour, the updated PFS shows significantly higher revenues, free cash flow, mine life and net present value (NPV) with significantly lower cash costs and all-in sustaining costs per silver ounce. “Our efforts to optimize the Terronera mine project have resulted in significantly improved operating parameters and financial returns for this high grade, district scale exploration and mining project,” stated Bradford Cook, CEO. Will Silver Go Up This Year?     Find out why in [...]

14 08, 2018

First Majestic Silver Reports US$40-million Loss in Q2

By |2018-08-14T04:17:02+00:00August 14th, 2018|Coin Shop Blog|Comments Off on First Majestic Silver Reports US$40-million Loss in Q2

First Majestic Silver's (TSX:FR,NYSE:AG) second-quarter results show a US$40-million loss compared to a profit this time last year. The news drove shares down by almost 15 percent. The Canadian miner reported a loss of 22 cents on a per-share basis. In terms of one-time gains and costs, losses were 7 cents per share and all-in sustaining costs (AISC) were US$16.43 per payable silver ounce, which is a 3-percent increase quarter-on-quarter. “Looking ahead to the second half of 2018, we expect higher operating margins along with a significant reduction in our consolidated AISC to between US$13.28 to US$14.84 per ounce,” stated [...]

10 08, 2018

Pan American Silver’s Adjusted Earnings Rise in Q2

By |2018-08-10T04:31:32+00:00August 10th, 2018|Coin Shop Blog|Comments Off on Pan American Silver’s Adjusted Earnings Rise in Q2

Pan American Silver (TSX:PAAS,NASDAQ:PAAS), the world's second-largest primary silver producer, garnered adjusted earnings of US$35.4 million in Q2, the company said on Wednesday (August 8). The company's earnings were up from US$22.3 million this time last year, while net earnings were US$36.7 million compared to US$36 million during the same quarter in 2017. “Our operations continue to generate robust cash flow with mine-operating earnings up 22 percent compared with the same quarter last year,” said Michael Steinmann, president and CEO. Will Silver Go Up This Year?     Find out why in your free report.   Get My Free Report “We [...]

31 07, 2018

Excellon’s Silver Production Up 120 Percent in Q2

By |2018-07-31T04:26:59+00:00July 31st, 2018|Coin Shop Blog|Comments Off on Excellon’s Silver Production Up 120 Percent in Q2

Mexico-focused Excellon Resources' (TSX:EXN,OTC:EXLLF) second quarter silver equivalent production jumped 120 percent year-on-year, with output reaching 637,205 ounces compared to 289,566 ounces this time last year, the company reported on Monday (July 30). The company also noted that its sales increased from 249,733 ounces of silver equivalent to 568,370 ounces, boosting revenue by 177 percent to US$9.9-million and posting a net profit of US$1.3-million, which is up year-on-year from US$0.5-million. “We saw strong improvements in all areas of operational and financial performance during the second quarter. Most importantly, we realized all-in sustaining costs per silver ounce payable of less than [...]

26 07, 2018

Fresnillo’s Silver Production Rises in Q2

By |2018-07-26T04:19:27+00:00July 26th, 2018|Coin Shop Blog|Comments Off on Fresnillo’s Silver Production Rises in Q2

The world's largest silver producer Fresnillo's (LSE:FRES) second quarter silver production jumped 5.7 percent year-on-year and 1.6 quarter-on-quarter, thanks to higher volume of ore processed at Saucito and the higher grades at Ciénega and San Julián mines, the company reported on Wednesday (July 25). The Mexican-based company currently has seven mines in operation, which has allowed the company to produce 15.34-million ounces of the precious metal in the second quarter, taking half-year output to 30.76-million ounces. “I am pleased to report a robust production performance in the first half. In line with our strategy, we continue to actively manage and [...]

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This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.
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