Proactiveinvestors United Kingdom - General Mining - Silver RSS feed Proactiveinvestors United Kingdom - General Mining - Silver feed en Fri, 19 Jan 2018 09:40:35 +0000 Genera CMS Hochschild Mining has hit fair value, says house broker RBC Thu, 04 Jan 2018 09:57:00 +0000 Fresnillo shares gain as HBSC upgrades rating to 'buy' Wed, 15 Nov 2017 09:34:00 +0000 Fresnillo reaffirms full year guidance after third quarter growth in silver and gold output Wed, 25 Oct 2017 09:19:00 +0100 Fresnillo's production unaffected by Mexico earthquake Thu, 21 Sep 2017 08:22:00 +0100 Arian Silver to focus solely on lithium as Noche Buena option lapses Wed, 26 Apr 2017 09:06:00 +0100 Arian Silver joins the lithium rush with new options in Mexico Tue, 11 Apr 2017 12:30:00 +0100 Arian SIlver diversifies into lithium in Mexico Tue, 11 Apr 2017 07:44:00 +0100 Hochschild Mining swings to full year profit as production and revenue rises Wed, 08 Mar 2017 09:39:00 +0000 Surface samples highlight appeal of La Africana says Arian Silver Fri, 24 Feb 2017 12:09:00 +0000 Arian Silver reveals good grades from sampling at La Africana Mon, 23 Jan 2017 08:09:00 +0000 Arian Silver’s San Celso project shows early promise Mon, 09 Jan 2017 08:18:00 +0000 Arian Silver looks to life after San Jose... Tue, 20 Dec 2016 12:02:00 +0000 Arian Silver identifies two vein systems at Los Campos Tue, 20 Dec 2016 08:56:00 +0000 Fresnillo set to benefit from weak Mexican Peso - Numis Wed, 16 Nov 2016 11:42:00 +0000 Arian Silver gets more time to consider Mexico tailings, mulling acquisitions Thu, 27 Oct 2016 14:19:00 +0100 Arian Silver open to opportunities outside of Mexico Thu, 29 Sep 2016 07:42:00 +0100 Arian Silver given more time to consider tailings project Wed, 24 Aug 2016 10:04:00 +0100 Arian Silver sells non-core Calicanto project to Endeavour Silver Mon, 01 Aug 2016 07:19:00 +0100 Silver Mines Ltd lifts work rate at Bowdens Silver Project Silver Mines Ltd (ASX:SVL) is aiming to fast-track mine development of its Bowdens Silver Project located near Mudgee, New South Wales.

Part of the reassessment of the project is to find a more capital cost effective development with enhanced project economics.

A feasibility study is in the offing, which is the largest undeveloped silver deposit in Australia with a Measured Resource of 23.6 million tonnes at 74.5 g/t silver equivalent, containing 57 million ounces of silver equivalent.

The total resource base is 88 million tonnes containing 182 million ounces of silver equivalent.

Silver Mines acquired an 85% interest in the Bowdens Silver Project from Kingsgate Consolidated Ltd (ASX:KCN) last month by paying $20 million cash.

The company will pay a further $5 million by 30 September 2016 to fully own the 408,000-acre project.

The Bowdens Silver Project has had a large amount of work already completed covering all aspects of mine development.

The components of the feasibility study are currently being evaluated and revised by Silver Mines in conjunction with consultants.

Part of the reassessment of the project is to examine a more capital cost effective development with enhanced project economics.

The pre-feasibility works are expected to be completed by the end of the current half year.

Silver Mines is also targeting to lodge the Environmental Impact Statement in the first half of 2017.

The acquisition of Bowdens has made Silver Mines the largest pure play silver company on the ASX.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Fri, 15 Jul 2016 08:00:00 +0100
Arian eyeing new opportunities amid silver price rise Wed, 29 Jun 2016 08:58:00 +0100 Arian Silver pushes ahead with metallurgical sampling Fri, 13 May 2016 13:03:00 +0100 Arian Silver to run the rule over Noche Buena tailings project Wed, 04 May 2016 08:59:00 +0100 Arian Silver raises £700,000 to further work in Mexico Thu, 28 Apr 2016 07:22:00 +0100 Silver Mines Ltd to update on Bowdens acquisition Silver Mines Ltd (ASX:SVL) has been granted a trading halt by the ASX, with its shares placed in pre-open.

SVL requested the halt pending an update on the financing of the Bowdens Silver Project acquisition.

The halt will remain in place until the opening of trade on Friday 29th April 2016, or earlier if an announcement is made to the market.

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Wed, 27 Apr 2016 09:30:00 +0100
Silver Mines Ltd is among Thursday's ASX Most Traded with 83 million Thursday's ASX Volume Leaders at the close.

Company NameCodeLastChangeVolume
XTV Networks Ltd XTV $0.026 0% 332,263,311
Segue Resources Ltd SEG $0.003 -25% 94,860,619
Silver Mines Ltd SVL $0.001 0% 83,260,000
Exterra Resources Ltd EXC $0.042 44.83% 77,603,628
Walkabout Resources Ltd
WKT $0.008 14.29% 63,735,651
WHL Energy Ltd WHN $0.001 0% 60,926,622
De Grey Mining Ltd DEG $0.002 0% 57,750,378
Sequoia Financial Group Ltd SEQ $0.002 0% 57,300,000
Cullen Resources Ltd CUL $0.005 25% 56,421,267
GB Energy Ltd GBX $0.005 0% 52,357,145


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Thu, 21 Apr 2016 23:00:00 +0100
Silver Mines Ltd among ASX % Gainers intra-day Thursday's leading ASX % Gainers intra-day.

Company NameCodeLastChangeVolume
Silver Mines Ltd SVL $0.002 100% 25,250,000
AnaeCo Ltd ANQ $0.002 100% 66,665
Clancy Exploration Ltd CLY $0.003 50% 348,917
Condoto Platinum NL CPD $0.043 43.33% 40,000
Tychean Resources Ltd TYK $0.010 42.86% 4,379,410
Traka Resources Ltd TKL $0.040 42.86% 3,833,759
Exterra Resources Ltd EXC $0.041 41.38% 47,929,967
Empire Resources Ltd ERL $0.014 40% 205,638
Greenpower Energy Ltd GPP $0.007 40% 4,498,122
Regalpoint Resources Ltd RGU $0.011 37.50% 700,000


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Thu, 21 Apr 2016 05:00:00 +0100
Silver Mines Ltd raising funds for Bowdens acquisition from Kingsgate Consolidated Silver Mines Ltd (ASX:SVL) received firm commitments totalling $2.25 million through a share placement plan to fund the initial deposit of $1.8 million to be paid to Kingsgate Consolidated Ltd (ASX:KCN) for acquiring the Bowdens Silver Project in Lue, New South Wales.

The shares are to be placed at a price of $0.0015 with a 1 for 2 free attaching $0.003 option. The placement is lead managed by DJ Carmichael and supported by natural resources focused institutions and high net worth individuals.

SVL had announced on 3 March 2016 that it had entered into a heads of agreement to acquire an unlisted company which in turn has an agreement with Kingsgate to acquire 85% of the Bowdens Silver Project.

Successful completion of the Bowdens Silver Project acquisition would make SVL the largest pure play silver company on the Australian Securities Exchange.

A deposit of $1.8 million for the Bowdens acquisition is to be paid on or before 30 March 2016.

Remaining payment required to complete the acquisition will be raised by SVL using financing arrangements to be confirmed in April 2016.

Full settlement of the transaction to be done prior to 30 June 2016.


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Thu, 24 Mar 2016 00:00:00 +0000
Silver Mines Ltd is Wednesday's ASX Most Traded with 55 million Wednesday's ASX Volume Leaders at the close.

Company NameCodeLastChangeVolume
Silver Mines Ltd SVL $0.001 -50% 55,317,806
G8 Communications Ltd G8C $0.047 4.44% 51,919,140
Mod Resources Ltd MOD $0.019 18.75% 47,949,217
Pacific Ore Ltd PSF $0.038 2.70% 45,827,371
South32 Ltd S32 $1.515 -3.20% 32,470,479
Arrium Ltd ARI $0.023 -4.17% 25,516,031
Exterra Resources Ltd EXC $0.024 4.35% 22,925,957
Golden Rim Resources Ltd GMR $0.007 40% 20,533,419
88 Energy Ltd 88E $0.073 -1.35% 19,898,181
Telstra Corporation Ltd TLS $5.240 -0.38% 18,160,460


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Wed, 23 Mar 2016 22:00:00 +0000
Silver Mines sets a path to become a major silver company Silver Mines (ASX:SVL) will control 220 million ounces of silver equivalent if the acquisition of the Bowdens Silver Project in New South Wales from Kingsgate Consolidated (ASX:KCN) is completed.

Bowdens is located in central New South Wales, 26 kilometres east of Mudgee and is a bulk tonnage, low sulphidation epithermal silver deposit.

A heads of agreement has been signed to acquire 85% of the project from an unlisted company which in turn has an agreement with Kingsgate. The project, with its 182 million ounce silver Eq. resource, would rank Silver Mines as the largest pure silver company in Australia.

The acquisition comes at a time of consolidation in the gold and silver sector, which Silver Mines is a part of, having secured agreements relating to three silver deposits all of which are located in New South Wales.

The Webbs Deposit is 100% owned by Silver Mines while the Conrad Deposit, recently acquired from Malachite Resources (ASX:MAR) and is subject to a sale and purchase agreement pending completion.

Attempting to acquire projects with JORC resources that provide a low entry price to silver assets on a per ounce basis is central to the strategy.

Consideration would require Silver Mines to acquire 100% of SIHA; the company with the interest in Bowdens and to pay it $2,000,000 within the next 20 days.

This would be followed by an A$18,000,000 loan to SIHA before the end of June 2016 and if these are completed Silver Mines will issue $4million worth of shares at $0.001 each to complete the purchase of SIHA.

The shares on issue would increase from 5,836,717,945 to 19,836,717,945 before to any potential share consolidation on completion.

The Bowdens deposit remains open in several directions and at depth with potential to increase the resource base.


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

Fri, 04 Mar 2016 03:00:00 +0000
Fresnillo among 50 firms set to pierce dividend gloom Tue, 01 Mar 2016 15:55:00 +0000 Bitcoin and Gold to retain popularity following Catalonia vote Mining Capital's Alastair Ford discusses with Proactive's Andrew Scott the wider ripples from the vote in Catalonia for Independence.

''The implications here are quite significant - we've got a nation within a nation that's trying to declare independence inside the European Union''.

''Investors are going to watch with interest ... I think we'll see things like bitcoin and gold  retaining popularity with investors''.

Ford also mentions he's been speaking to the team at Arizona Silver Exploration Inc (CVE:AZS)  and updates on progress with their projects.

Plus he touches on  Galantas Gold Corporation (LON:GAL) (TSXV:GAL) and Stratex International plc (LON:STI).

Fri, 06 Oct 2017 10:16:00 +0100
New lithium projects in Mexico are 'a good, exciting opportunity', says Arian Silver's Jim Williams ''Now is the right time for Lithium'', says Arian Silver's Jim Williams following the news they've taken out an option to acquire three lithium exploration projects in Mexico.

The projects cover 1,600 hectares (ha) in Zacatecas State, a region known for its lithium deposits.

''This is a good, exciting opportunity .... the upside for Lithium is there and I think we should maximise that benefit'', Williams says.

Tue, 11 Apr 2017 12:12:00 +0100
'We've barely scratched what Unkur can be', says Azarga Metals' Dusty Nicol Dusty Nicol, president and CEO of Azarga Metals Corp (CVE:AZR) updates Proactive on the company's inferred resource estimate at their Russian copper-silver asset Unkur.

The  inferred resource was put at 42mln tonnes at 0.52% copper and 38 grams per tonne (g/t) silver, containing 220,000 tonnes of copper and 52mln ounces of silver.

The next phase of work will focus on targeting potential extensions of this higher grade zone.

Thu, 06 Apr 2017 10:44:00 +0100
Mexico producer Endeavour Silver turning the focus to growth Brad Cooke, chief executive of  Endeavour Silver Corp (TSX: EDR, NYSE:EXK) walks Proactive through the Mexico focused metals producer.
Last year the miner produced just shy of 10mln ounces of silver and equivalents and is on track to repeat that this year.
As well as its three high grade producing mines, it has three development projects, two of which are subject to economic studies in the next 30 days so that production decisions can be made so the group can refocus on growth.

Mon, 27 Feb 2017 08:37:00 +0000
Mexico miners Great Panther and Endeavour Silver in focus after Trump win Mining Capital's Alastair Ford caught up with Proactive Investors' stocktube two days on from the historic election of Donald Trump as U.S. President.

Ford said: ''It's been a very surprising week. I think that on the expectation of a Clinton win, people thought that the dollar would generally stay stable  and that there would be a rate rise in December. Now it's much more of an open question - some people say there will be a rate rise because Janet Yellen at the Fed will just want to carry on with the course she's laid out ... but on the other hand with Trump's inauguration on January 20 it would be quite a bold move for Yellen to raise rates just before he takes power.''

He adds that once the dust settles there'll be implications for the gold price and the way metals' prices are set as well because clearly the dollar is the currency of choice for trading in metals and while copper and iron ore have managed to beat back the strengthening dollar and really rise on what Trump has said, gold hasn't.

''There's certainly been some quite significant moves up at the major level almost as soon as Trump opened his mouth. It's interesting to see how this man can move markets with anything he says ... companies with exposure to copper - Glencore, Antofagasta as well as a lot of the south American producers - they all rose''

Alastair Ford said: ''My own personal area of interest at this particular moment is what's happening in Mexico. I find the Mexican situation in regard to Trump to present serious opportunity. Trump seems to be quite anti Mexico and the Peso has been in freefall against the dollar. What that means for the Mexican silver miners, especially the ones that have their reporting currency in dollars is that their margins are going to swing  wider and wider on currency difference. So all the costs will be in Pesos while the money they raise on the markets will be in dollars - so they'll be quids in.''

He cites Great Panther Silver Ltd (NYSE:GPL, TSE:GPR), which has just changed its reporting currency to US dollars. Others exposed to Mexico are Endeavour Silver Corp  (TSE:EDR) and Hochschild Mining PLC (LON:HOCH).

Fri, 11 Nov 2016 13:11:00 +0000
Azarga Metals Corp hails 'extraordinary grades' at silver-copper project in Russia Azarga Metals Corp. (CVE:AZR) has released new assay results from its project in eastern Russia. It’s confirmed a second, Previously undiscovered horizon of significant mineralisation.

Chief executive Dusty Nicol tells Proactive ''it adds continuity to our high grade zone and continues to validate our belief that this is going to turn into a significant high-grade silver-copper deposit''.

Nicol added ''The results we're getting so far have encouraged us enough that I've asked my board yet again for a budget to expand our drilling by an additional 1200 metres''.

Azarga Metals expects to finance the increased drilling with existing cash

Thu, 03 Nov 2016 15:55:00 +0000
Buena Noche in the throes of metallurgical test work, says Arian Silver Corp CEO Chief executive Jim Williams tells Proactive Investors that the sale of its non-core 75 hectare Calicanto project to a subsidiary of Endeavour Silver was the better option for the group.
“What we can do with it in the future is very limited, but a company like Endeavour Silver can use it as part of an overall package to complement feed to a new plant they’ve got a deal on,” says chief executive Jim Williams.
“When Endeavour, whom I know very well indeed, came to me a couple of months ago they gave us two options,” explains Williams.
The first option was for a three-year option for a US$1mln pay out, with most of the money weighed to the latter half of the time frame.
The second option meant the group would receive the US$400,000 immediately, without the uncertainty of later pay out, which could be put straight back in operations.
Elsewhere, he reveals the group is looking at a number of other properties.
At its Noche Buena Tailings project, it is still in the throes of metallurgical test work, says Williams.
“If we can’t exploit economically, there’s no point going ahead with the deal,” he says.
Williams expects a “mixed mood” at the up-coming AGM.
“A lot of the other shareholders might be a little disgruntled; no one wants to lose money.”

Mon, 01 Aug 2016 13:25:00 +0100
CEO: Tierra Nueva MoU could boost the “regrowth” of Arian Silver Jim Williams, chief executive of Arian Silver (LON:AGQ), says there are lots of opportunities in Mexico at the moment, particularly in Zacatecas State.
Arian has signed a memorandum of understanding with private company Tierra Nueva Mining Limited (TNM) for a portfolio in Zacatecas, which includes a former mine and a number of gold and silver projects.
Speaking to Proactive, Williams says: “I know the projects. In this climate the TNM deal of one properties, two properties or nearly all of them in due course could be a nice match with the regrowth of Arian Silver.”
But a deal is not guaranteed, and Williams adds that the firm may choose to pursue other ideas in the pipeline which “will set the foundation stone to give investors and potential investors some indication of what we will be doing in the not too distant future.”

Thu, 25 Feb 2016 16:13:00 +0000
Precious metals fund manager Rob Crayfourd confident on long-term investment approach Robert Crayfourd, fund manager of the Golden Prospect Precious Metals fund, says his long-term outlook for the sector remains positive, in spite of the price slide across the commodity sector.

Like many mining-focused funds, the investment vehicle - part of New City Investment Managers – has had a tough time with the gold price, but remains focused on producers with strong cash flow that are the lowest end of the cost curve.

Holdings include Fresnillo (LON:FRES) and Klondex Mines (TSE:KDX).

Tue, 22 Dec 2015 10:25:00 +0000
Arian Silver CEO: Quintana deal to be wrapped up soon Jim Williams, chief executive of Arian Silver (LON:AGQ), says the company’s financing deal with Quintana could be finalised in as little as two weeks, bringing some much-needed cash into the business.

He also comments on the firm’s updated resource estimate for its wholly-owned San José silver project in Mexico.

Drilling earlier this year around 1km of the east-west strike of the San José vein, added almost 20 million ounces of silver, 27 million pounds of lead and 46 million pounds of zinc to the previous model.

According to the company, the resource remains open along strike and at depth, and so has “significant” potential to be expanded.

Mon, 05 Oct 2015 15:55:00 +0100
Arian Silver CEO banking on silver price going up Arian Silver (LON:AGQ) CEO Jim Williams tells Proactiveinvestors that the company has reached a milestone at its wholly-owned San José project and expects full production there within 12 months. The company has produced its first silver-lead concentrate from the recently constructed processing plant and has started the commissioning of the zinc flotation circuit.

"We are going to be making money" Williams said. On margins, he said "at $14 per ounce you are treading water: personally I don't see silver falling down, I see silver rising up going forward".

Mon, 30 Mar 2015 12:07:00 +0100
PDAC 2015 presentations: Endeavour Silver NYSE:EXK, TSE:EDR), explains his plans for the company at the PDAC Power Breakfast 2015.]]> Thu, 19 Mar 2015 10:39:00 +0000 Arian Silver chief says progress is ahead of schedule as it approaches first revenues The chief executive officer of Arian Silver (LON:AGQ), Jim Williams, says the Mexico-focused silver group is on track to start producing revenues next month after selling its first batch of concentrate.

It comes as the group revealed it has begun a staged commissioning of the lead-silver circuit at the new processing mill on its San Jose silver mine.

Wed, 14 Jan 2015 13:15:00 +0000
Global Minerals CEO: Securing financing now the key CVE:CTG), says ‘it’s really about getting the financing to move forward’ at its Strieborná silver project in Slovakia, Europe’s only primary silver mining project. McCutcheon adds the complex used to be an iron ore mining site, which means the infrastructure is already in place, while investors can look forward to the preliminary economic assessment (PEA), due out in the next couple of weeks.]]> Tue, 28 Oct 2014 09:41:00 +0000 Endeavour Silver enjoying the fruits of its labour following record-breaking 2013 TSE:EDR) (NYSE:EXK), speaks with Proactive Investors about the company’s new production record for both gold and silver in 2013, achieving a ninth consecutive year of growth. The company operates in “grossly under-explored and politically stable” Mexico, where it currently owns three mines with a fourth pending.]]> Thu, 13 Feb 2014 17:20:00 +0000 Global Minerals talks about a "low cost opportunity" Fri, 25 Jan 2013 15:05:00 +0000