Silver Top Stories

The world’s 10 highest mines

Eight of the world's highest elevation mines are in one…

Rio Tinto closes $4.4 billion financing deal for Oyu Tolgoi mine

The $4.4 billion deal involved international financial institutions and export…

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Yellowhead Mining raises $20M for Harper Creek; new PEA results announced

Yellowhead Mining has raised $20 million through bought-deal financing, the B.C.-based company exploration company announced earlier this week. Under the deal, Yellowhead is selling 13.8 million shares at CDN$1.45 per unit, with each unit including a common share and one-half of a warrant. The warrants may be exercised at a price of $2.00, for two years after the deal closes.

Physical, ETF Demand Sustains Gold

Gold rose on Thursday, sustained by a rise in ETF holdings, stronger physical demand and a weaker dollar, but investor selling to […]

Great Panther Silver Reports Annual Net Profit of $5 Million

Great Panther Silver increased its profits by one third over last year, the TSX and NYSE-listed company reported on Wednesday. Revenues were $42.2 million in 2010, a 33% increase over the previous year. Fourth-quarter profits were $13.8 million, up 40% from the same period in 2009.

Eurasian Minerals Completes $3M Tranche of CAD$17.875M Private Placement

Eurasian Minerals Inc. (TSX-V: EMX) announced the completion of the second tranche of its CAD $17.875 million private placement by the sale of 921,000 units for proceeds of CAD $2,993,250. Each unit, priced at CAD $3.25, consisted of one common share and one-half of one common share purchase warrant. Each full warrant entitles the warrant holder to purchase one additional common share of EMX until March 14, 2013 at a purchase price of CAD $4.00.