-- Posted 28 October, 2010 | | Source: SilverSeek.com
| Close | Gain/Loss |
Gold | $1342.40 | +$19.80 |
Silver | $23.86 | +$0.41 |
XAU | 201.68 | +2.62% |
HUI | 514.36 | +2.95% |
GDM | 1552.45 | +2.98% |
JSE Gold | 2541.02 | +39.32 |
USD | 77.29 | -0.79 |
Euro | 139.28 | +1.54 |
Yen | 123.40 | +1.01 |
Oil | $82.18 | +$0.24 |
10-Year | 2.661% | -0.051 |
T-Bond | 130.21875 | +0.34375 |
Dow | 11113.95 | -0.11% |
Nasdaq | 2507.37 | +0.16% |
S&P | 1183.79 | +0.11% |
The Metals:
Gold traded mostly slightly higher in Asia and London and rose over 1% in early New York trade to as high as $1337.20 by about 9AM EST before it fell back near $13330 at around 10:45, but it then jumped to a new session high of $1345.00 by midday and ended with a gain of 1.5%. Silver climbed to as high as $23.833 in early New York trade before it also pared its gains midmorning, but it then shot up to a new high of $24.005 and ended with a gain of 1.75%.
Euro gold climbed over €963, platinum gained $10.50 to $1683.50, and copper rose slightly to about $3.79.
Gold and silver equities rose throughout most of trade and ended with about 3% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 10/23 | 434K | 458K | 455K |
Tomorrow at 8:30AM EST brings third quarter GDP expected at 2.0%. The Chain Deflator is expected at 1.9% and the Employment Cost Index is expected at 0.5%. At 9:45 is Chicago PMI for October expected at 58.0 and at 9:55 is Michigan Sentiment for October expected at 68.0.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose as the U.S. dollar index fell on renewed confidence that the fed will engage in a significant amount of quantitative easing.
Treasuries remained higher after today’s $29 billion 7-year note auction sold at a high yield of 1.97% with a bid to cover of 3.06.
The Dow, Nasdaq, and S&P waffled near unchanged on mixed earnings reports.
Among the big names making news in the market today were Nissan, Exxon, Colgate, Starwood, Allstate, Microsoft, and Bank of America.
The Commentary:
“Dear CIGAs,
If yesterday was “the Fed is going to take our expected punch bowl away from us” day, today was, “the Fed is going to not only bring the punch bowl, but spike it with white lightning”. Word from a Bloomberg story that the Fed is consulting with the primary dealers was enough to dispel the doubts from yesterday. “She loves me; she loves me not; she loves me; she loves me not”. And thus the waiting game goes on….
Seriously, the markets are moving back and forth based on the changing expectations and psyche of the speculative trading community. Expect this to continue until we get more definitive amounts when the FOMC makes it announcement next week. The phrase of this week, and until then, is “range trade”.
Gold bounced from $1320 on the bottom of the range and is running towards $1,350 at the top of the range. To repeat myself ad infinitum, ad nauseum, a break out of this range on decent volume that closes either above $1,350 or below $1,320 on two consecutive trading days, will give us the direction of the next trend. The reason – The Dollar will either rise or fall depending on that announcement next week. Make no mistake – QE is coming. The only question is the amount and the timing.
The Dollar was of course beaten with an ugly stick today as the giddiness surrounding the Bloomberg story motivated Forex traders to unload on it. That it has fallen so sharply is evidence of the dangers inherent in the Fed’s policy. As I said yesterday, the Fed can either save the Dollar or the stock market; they cannot do both.
The HUI bounced off the bottom of its range, following the metals, and moved back towards 520. Until it takes that out and follows through, it will be trapped in a consolidation mode.
Wheat is slowly grinding higher on dryness fears in the winter wheat growing areas here in the US. The entire grain complex continues to experience supply concerns which is working to push food prices inexorably higher, notwithstanding the load of BS being dished out by the official government agencies that tell us food inflation is tame. I guess they think that we are too damn dumb to believe our own eyes. Corn is slowly closing in on the $6.00 mark while wheat is back above $7.00. Soybeans are over $12.
If that were not enough, Sugar is now up near $0.30 pound, an incredible price. Coffee, while weaker today, is at levels last seen in September 1997! Nope – no rising food costs anywhere in sight….
Once again the saving grace for the beleaguered consumer is the energy sector, especially natural gas, which is mired in an oversupply glut that has kept it subdued for some time now. Crude oil also cannot seem to get much going as it struggles with the region near $83 – $84. Until it can push past there, consumers will be able to enjoy relatively cheaper energy costs even as they dig deeper into their wallets for grocery money.
Bonds remain rather lackluster. They are however perched rather precariously above an important chart support level near 129 ^10. If they are going to bounce and move back within the rather broad range they have carved out over the last two months, they had better do so quickly or we could see them drop towards 126. At some point the multi decade bull market in bonds is going to come to a rather inglorious end but I am not ready to make that call just yet; not with the probability of massive Fed buying of Treasuries waiting in the wings. At least they are buying them because if the Dollar drops through 77 and especially 76, no one else is going to want them.
Until we get past next week’s FOMC announcement and the upcoming election, there really isn’t a whole lot more worth saying.”- Dan Norcini, More at JSMineset.com
GATA Posts:
Charles W. Kadlec: Gold vs. the Fed -- the record is clear
Chris Powell: Piercing the mystery of the gold market
Morgan, HSBC sued over silver price suppression
The Statistics:
Activity from: 10/27/2010
Gold Warehouse Stocks: | 11,118,361 | -98,032 |
Silver Warehouse Stocks: | 110,792,132 | +113 |
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
| Product name | Total Tonnes | Total Ounces | Total Value |
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) | SPDR® Gold Shares | 1298.266 | 41,740,536 | US$55,643m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 124.38 | 3,998,848 | US$5,366m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 129.84 | 4,174,450 | US$5,602m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 14.21 | 475,309 | US$614m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 49.33 | 1,586,097 | US$2,166m |
NASDAQ Dubai | Dubai Gold Securities | 0.154 | 4,967 | US$7m |
Note: Change in Total Tonnes from yesterday’s data: The LSE ETFS added 0.07 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 102.67 - No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,224.05 - No change from yesterday’s data.
The Miners:
Royal Gold’s (RGLD) completed royalty transactions, Gammon Gold’s (GRS) drilling, Seabridge’s (SA) sale, Keegan’s (KGN) assay results, Midway’s (MDW) drill results, Barrick’s (ABX) third quarter results, Great Panther’s (GPR.TO) drill results, and Arian Silver’s (AGQ.V) commencement of commercial production were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Golden Minerals | AUMN+8.39% $27.40 |
2. NovaGold | NG +7.71% $10.62 |
3. Agnico Eagle | AEM +6.31% $75.44 |
LOSERS
1. Rubicon | RBY -1.65% $3.57 |
2. Timberline | TLR -0.87% $1.14 |
3. Northgate | NXG-0.71% $2.78 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
All of today's gold and silver stock news:
Bravo Extending Homestake Mineralization; Drills 9.6 Metres of 5.9g/t Gold - More
- October 28, 2010 | Item | ShareThis
VMS Reports 6.69% Copper Over 71.69 Metres and 3.74% Copper Over 21.77 Metres from In-Fill Diamond Drillholes Three and Four at the Reed Lake JV Property - More
- October 28, 2010 | Item | ShareThis
Royal Gold Announces the Completion of the Pascua-Lama Gold Royalty Transactions - "Royal Gold, Inc. (NASDAQ:RGLD - News) (TSX:RGL.to - News) today announced that it has completed the deferred portion of previously announced transactions to acquire the rights to an additional aggregate 1.0% net smelter return (“NSR”) sliding-scale gold royalty on the Pascua-Lama project. The deferred portion consisted of the purchase of 0.40% NSR for a purchase price of $28 million. As a result of the transactions with three private individuals, Royal Gold’s composite royalty interest is now a 5.23% NSR, at gold prices above $800 per ounce. The transactions also included a 0.20% NSR fixed-rate copper royalty that will take effect after January 1, 2017, increasing Royal Gold’s copper royalty interest to 1.05%." More
- October 28, 2010 | Item | ShareThis
Duncastle Oversubscribes and Closes Two Private Placements - More
- October 28, 2010 | Item | ShareThis
Queenston Announces Strategic Investment by Agnico-Eagle Mines Limited - More
- October 28, 2010 | Item | ShareThis
AuRo Provides Progress Update About the El Tesoro Project and Corporate Initiatives - More
- October 28, 2010 | Item | ShareThis
Mountain Boy Minerals Ltd.: Option and Joint Venture Agreement for BA and Surprise Creek Projects is Amended - More
- October 28, 2010 | Item | ShareThis
Mountain Lake Completes Brokered Private Placement Financing Through Salman Partners - More
- October 28, 2010 | Item | ShareThis
Golden Phoenix Secures Facility in Peru to Process Molybdenite Stockpiles at Porvenir; Anticipated Production Targets 1st Quarter 2011 - More
- October 28, 2010 | Item | ShareThis
Benton Advised by Coro Mining of Completion of San Jorge Public Hearing in Argentina - More
- October 28, 2010 | Item | ShareThis
Nemaska Adopts a Shareholders Rights Plan - More
- October 28, 2010 | Item | ShareThis
Solid Gold Project Update - More
- October 28, 2010 | Item | ShareThis
Altius Reports on 2010 AGM Results - More
- October 28, 2010 | Item | ShareThis
Coro Announces Completion of San Jorge Project Public Hearing - More
- October 28, 2010 | Item | ShareThis
Northern Shield Mobilizes Drill to test Ni-Cu-PGE Target on the Max Property, James Bay Lowlands; Highbank Geophysics Completed - More
- October 28, 2010 | Item | ShareThis
Correction: Revolution Commences Drilling at Champion Hills Gold Project, Carolina Slate Belt - More
- October 28, 2010 | Item | ShareThis
Adroit Resources Inc.: Private Placement for Up to $1,500,000 - More
- October 28, 2010 | Item | ShareThis
Ashburton Exposes Upper Vein Widths of One Meter Assaying 47.9 g/t Gold and Potential Additional Gold Zones at Deep Creek, Nevada - More
- October 28, 2010 | Item | ShareThis
Matamec Options Two Adjacent Properties to Their Matheson JV Gold Project - More
- October 28, 2010 | Item | ShareThis
Pacific Ridge Reports Full Exercise of October 21st Share Purchase Warrants - More
- October 28, 2010 | Item | ShareThis
DIOS Exploration: Shipshaw Area Mineral Claim Agreement - More
- October 28, 2010 | Item | ShareThis
Northland Receives Exploitation Concession for Sahavaara Mine - More
- October 28, 2010 | Item | ShareThis
Killdeer Mobilizes Drill for Program on Gold Belt Property - More
- October 28, 2010 | Item | ShareThis
Medusa Mining Limited: Quarterly Activities Report Period Ended 30 September 2010 - More
- October 28, 2010 | Item | ShareThis
Golden Share Acquires a High Grade Gold and Silver Past Producer in Red Lake Camp, Ontario, Canada - More
- October 28, 2010 | Item | ShareThis
MetalCorp Reports Early Results From Drilling at Gouda Lake Zone - More
- October 28, 2010 | Item | ShareThis
TerraX returns grab samples to 2.08 g/t gold at Blackfly in Ontario; drilling to resume in November 2010 - More
- October 28, 2010 | Item | ShareThis
Bullion Monarch Mining Moves Toward TSX Listing - More
- October 28, 2010 | Item | ShareThis
EQUITAS RESOURCES RETAINS AXINO AG AS INVESTOR RELATIONS CONSULTANT IN EUROPE - More
- October 28, 2010 | Item | ShareThis
Great Western Minerals Group Appoints Kaz Machida to Advisory Board - More
- October 28, 2010 | Item | ShareThis
Alto Ventures Ltd.: 44.5 m Averaging 1.26 g/t Gold Intersected at the Coldstream Project, Ontario - More
- October 28, 2010 | Item | ShareThis
Universal Gold Mining Corp. Announces Increase in Gold Recovery Rates at Toldafria Project - More
- October 28, 2010 | Item | ShareThis
Hinterland Samples Up 796ppb Au in Soils at Ballarat Property in White Gold District of Yukon - More
- October 28, 2010 | Item | ShareThis
Jiama Project to Optimize Multi-Metal Separation Technology With the Support of NMSC to Further Improve Multi-Metal Processing Recovery Rate - More
- October 28, 2010 | Item | ShareThis
ESO Has Strong Silver and Pathfinder Results Associated With Gold Mineralization in First Drill Program on Donna Gold, BC Project - More
- October 28, 2010 | Item | ShareThis
Trevali Receives Final Key Transmission Line Permit for the Tingo Hydroelectric Plant - More
- October 28, 2010 | Item | ShareThis
Bannerman Resources Quarterly Activities Report for Period Ending September 2010 - More
- October 28, 2010 | Item | ShareThis
GREENLIGHT RESOURCES INC. - Metallurgical Testing of Silchlor Chlorination Process to commence - More
- October 28, 2010 | Item | ShareThis
MONETA DRILLS BEST GRADES AND WIDTHS EVER INTERSECTED IN SOUTHWEST ZONE; 5.85 G/T OVER 20.00 METRES, INCLUDING 9.05 G/T OVER 9.75 METRES - More
- October 28, 2010 | Item | ShareThis
Rainy River Appoints Kerry Sparkes as Vice President, Exploration - More
- October 28, 2010 | Item | ShareThis
Galantas Reports Gold Processing Plant Upgrade - More
- October 28, 2010 | Item | ShareThis
Cartier Signs LOI for its Riviere Dore Copper Property - More
- October 28, 2010 | Item | ShareThis
Platinum Group Metals Appoints Project Manager - More
- October 28, 2010 | Item | ShareThis
Stronghold Metals Has Commenced Its Diamond Drilling Program in Brazil - More
- October 28, 2010 | Item | ShareThis
Revolution Commences Drilling at Champion Hills Gold Project, Carolina Slate Belt - More
- October 28, 2010 | Item | ShareThis
Crosshair Reports Gold Recoveries of 96% at Golden Promise and Receives Bulk Sample Permit - More
- October 28, 2010 | Item | ShareThis
Soldi Ventures Inc. Commences Exploration and Plans For a Winter Drill Program on Its Land Package Along the Rainy River Gold Belt - More
- October 28, 2010 | Item | ShareThis
Inter-Citic Releases Early Drill Hole Results From Dachang Gold Project - More
- October 28, 2010 | Item | ShareThis
Copper One Signs LOI in New Copper-Nickel Discovery-Riviere Dore Property-Quebec - More
- October 28, 2010 | Item | ShareThis
Teuton Farms Out Lord Nelson Claims - More
- October 28, 2010 | Item | ShareThis
Paladin Energy Announces Compulsory Acquisition of NGM Shares - More
- October 28, 2010 | Item | ShareThis
ROBEX CASHES $227, 500 FROM THE EXERCISE OF WARRANTS - More
- October 28, 2010 | Item | ShareThis
Source Exploration Corp. Announces Termination of San Acacio Option - More
- October 28, 2010 | Item | ShareThis
Quest Drilling Expands High Grade B-Zone Pegmatite Mineralization, Returns Up to 51.9 Metres at 1.66% TREO, Strange Lake, Quebec - More
- October 28, 2010 | Item | ShareThis
Avala Resources Intersects 74 Meters of 4.27g/t Gold in Surface Trench at Korkan in Serbia - More
- October 28, 2010 | Item | ShareThis
ATAC Resources Ltd. and the First Nation of the Na Cho Nyak Dun Sign an Exploration Cooperation Agreement - More
- October 28, 2010 | Item | ShareThis
North Country Gold Corp. Completes Titan-24 Geophysical Survey at Three Bluffs Project - More
- October 28, 2010 | Item | ShareThis
Foundation Resources Inc.: 44.50 m Zone Averaging 1.26 g/t Gold Including 3.83 g/t Gold Over 7.40 m and 7.14 g/t Gold Over 2.95 m Intersected at Coldstream - More
- October 28, 2010 | Item | ShareThis
St. Eugene Mining Corporation Closes Private Placement - More
- October 28, 2010 | Item | ShareThis
Newcastle Announces Commencement of Pickle Lake Drilling - More
- October 28, 2010 | Item | ShareThis
Adex Mining Announces the Commencement of Drilling on Mount Pleasant Property - More
- October 28, 2010 | Item | ShareThis
George Bee Appointed to the Board of Directors of Peregrine Metals - More
- October 28, 2010 | Item | ShareThis
Tirex Intersects 7.7 m (25.3 ft) of 5.23% Copper, 1.84% Zinc, 57 g/t Silver and 4.6 g/t Gold at Gurthi South No. 1 - More
- October 28, 2010 | Item | ShareThis
NEVADO Assay Results From 32 Surface Channel Samples Average 59% Iron and 18.6% Titanium at the Now 150 Metres by 50 Metres Hervieux East Extension - More
- October 28, 2010 | Item | ShareThis
Creston Acquires Surface Rights - More
- October 28, 2010 | Item | ShareThis
REC Minerals Announces Results of Follow-Up Soil and Chip Sampling at Its MC Dalhousie Project - More
- October 28, 2010 | Item | ShareThis
Northair Begins Soil Sampling Program at La Cigarra Silver Project, Mexico - More
- October 28, 2010 | Item | ShareThis
JOURDAN Launches 1,250 Line-Kilometres Airborne Geophysical Survey Following Lithium and Rubidium Discovery, Grading Up to 1.88% Li2O and 2,550 g/t Rubidium,... - More
- October 28, 2010 | Item | ShareThis
Rodinia Lithium Inc. Increases Land Position in Clayton Valley and Provides Diablillos Update - More
- October 28, 2010 | Item | ShareThis
Alto Group Holdings Announces Gold Market Conditions and Production Mandate - More
- October 28, 2010 | Item | ShareThis
Star Gold Corp. Explores Its Excalibur and Longstreet Projects in Nevada - More
- October 28, 2010 | Item | ShareThis
Summer Program Defines Several Large Gold-Silver-Arsenic Targets In Mineral Mountain's Kootenay Arc Property - More
- October 28, 2010 | Item | ShareThis
Purchase of Medoro Resources Common Shares by CEO and President - More
- October 28, 2010 | Item | ShareThis
Lara Exploration Ltd.: Letter of Intent Signed with Avanco to Explore For Nickel Sulphides - More
- October 28, 2010 | Item | ShareThis
Bannerman Significantly Expands Etango Project Uranium Resource - More
- October 28, 2010 | Item | ShareThis
Torex Gold Announces New U/G 6.79 g/t Resource Estimate for the El Limon Deposit Deferred Pre-Feasibility Will Include Results of Expanded Drilling Program - More
- October 28, 2010 | Item | ShareThis
Torex Doubles Number of Drill Rigs at Morelos Gold Project and Provides Exploration Update - More
- October 28, 2010 | Item | ShareThis
Anglo Pacific Group PLC Interim Management Statement - More
- October 28, 2010 | Item | ShareThis
Medusa Mining Limited: Admission to Official List and First Day of Dealings on Main Market of LSE - More
- October 28, 2010 | Item | ShareThis
Eastplats Signs Mandate Letter for US$100 Million Corporate Debt Facility - More
- October 28, 2010 | Item | ShareThis
Orosur Mining Inc. Director%u2019s Dealing and Issue of Ordinary Shares upon Exercise of Stock Options - More
- October 28, 2010 | Item | ShareThis
Gammon Gold Announces the Discovery of New Drill Targets and the Launch of a Drilling Program at the Venus Project - "Gammon Gold Inc. ("Gammon") (TSX:GAM.to - News): is pleased to announce the discovery of additional drill targets at the Venus project located in the Ocampo - Pinos Altos region and the launch of a strategic drilling program." More
- October 28, 2010 | Item | ShareThis
ISS Proxy Advisory Services Recommends Genco Resources Ltd. and Silvermex Resources Ltd. Shareholders Vote in Favour of the Plan of Arrangement - "Silvermex Resources Ltd. (TSX VENTURE:SMR - News; "Silvermex") and Genco Resources Ltd. (TSX:GGC - News; "Genco"). Genco Resources Ltd. and Silvermex Resources Ltd. announced today that ISS Proxy Advisory Services (formerly Riskmetrics) a leading provider of proxy research, who provides advice and voting recommendations to many larger financial institutions, has published a report recommending that their subscribers vote "FOR" the special resolution approving the plan of arrangement." More
- October 28, 2010 | Item | ShareThis
Great Panther Discovers New Silver-Gold Zones at San Ignacio Mine Property in Guanajuato - "GREAT PANTHER SILVER LIMITED (TSX:GPR - News) (the "Company") is pleased to announce that the first surface drill hole at the San Ignacio Mine property, Guanajuato has been successful in intersecting several new zones of silver-gold mineralization. Three well-mineralized intervals were intersected, including the Melladito and Nombre de Dios veins, as well as a deeper, and previously unknown, footwall stockwork zone. The most westerly vein system, the Plateros vein, which hosted the former San Ignacio Mine operation, will be drilled further on in the drill program." More
- October 28, 2010 | Item | ShareThis
Seabridge Gold to Sell Residual Noche Buena Project Interest for US$10.12 Million - "Seabridge Gold (TSX:SEA - News)(AMEX:SA - News) announced today that it has agreed to sell its remaining interest in the Noche Buena project to Minera Penmont, S. de R.L. de C.V. ("Penmont") for US$10.12 million in cash. Closing is expected within the next 30 days. Penmont is a joint venture between Fresnillo plc. and Newmont USA Limited, a wholly owned subsidiary of Newmont Mining Corporation." More
- October 28, 2010 | Item | ShareThis
Keegan Continues to Obtain High Grade Results From D-1 Zone at the Esaase Gold Project - "Keegan Resources Inc. (TSX:KGN - News)(AMEX:KGN - News) ("Keegan") is pleased to announce additional new assay results from its Esaase Project drilling program in southwest Ghana. Keegan continues to encounter significant (greater than 10 g/t meter grade) intercepts from the new, near surface zone 200 m NW from the existing Esaase resource (see nr dated September 8, 2010). Intercepts within the newly identified "D-1" zone include 18 meters at 7.74 g/t Au, 5 meters at 9.1 g/t Au, and 12 meters of 3.76 g/t Au. Mineralization within this D-1 zone has been identified to be over 600 meters in strike length thus far, appears to be slightly offset, and is open along strike and to depth." More
- October 28, 2010 | Item | ShareThis
New Core Holes Return Higher Gold Grades at Midway’s Pan Project, Nevada - "Midway Gold Corp. (“Midway”) (MDW:TSX-V; MDW:NYSE-AMEX) is pleased to report intercepts of 81.1 meters of 1.1 grams per tonne (gpt) gold (266 feet of 0.033 ounce per ton—opt) and 86 meters of 0.9 gpt gold (282 feet of 0.025 opt) in diamond core holes PN10-01c and PN10-02c from its Pan project, White Pine County, Nevada. Results for six holes are reported in the table below. Additional assays are pending." More
- October 28, 2010 | Item | ShareThis
Barrick Reports Q3 2010 Financial and Operating Results - "Q3 production of 2.06 million ounces of gold was ahead of plan at lower than expected total cash costs of $454 per ounce or net cash costs of $349 per ounce, primarily due to strong performances from Cortez, Goldstrike and Veladero. The realized gold price for the quarter was $1,237 per ounce(1), $10 per ounce above the average spot price of $1,227 per ounce and 27% higher than the prior year period. Cash margins increased 52% to $783 per ounce from $515 per ounce in Q3 2009. Net cash margins increased 48% to $888 per ounce from $600 per ounce in the same prior year period." More
- October 28, 2010 | Item | ShareThis
Arian Silver Reports Commencement of Commercial Production at San Jose - "Arian Silver Corporation ("Arian" or the "Company") (TSX VENTURE:AGQ - News; AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A - News), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, reports that commercial production has commenced at the Company's 100%-owned San Jose mine, Zacatecas, Mexico with ore being stockpiled for delivery to the mill." More
- October 28, 2010 | Item | ShareThis
- Chris Mullen, Gold Seeker Report
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-- Posted 28 October, 2010 | |