Silver as an investment

Pueblo Viejo Expansion Project Advances with Agreement on Independent Environmental Studies

Retrieved on: 
Tuesday, August 3, 2021
Articles, Communication, Forward-looking statement, Vision statement, Silver as an investment, Economy

SANTO DOMINGO, Dominican Republic, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) –– Barrick Pueblo Viejo and its key stakeholders have agreed on independent government-led oversight of the strategic environmental and social impact assessment studies for the new tailings storage facility. This facility, which forms part of an expansion project that will require an initial new investment by Pueblo Viejo of $1.3 billion1, is key to the mine continuing to operate beyond 2021 and could extend the Tier One mine’s life to beyond 2040, supporting annual production in excess of 800,000 ounces1.

Key Points: 
  • Future economic contribution over extended mine life assuming a gold price of $1,599 per ounce and a silver price of $20.96 per ounce.
  • Certain information contained or incorporated by reference in this press release, including any information as to our strategy, projects, plans, or future financial or operating performance, constitutes forward-looking statements.
  • All statements, other than statements of historical fact, are forward-looking statements.
  • The words advance, potential, will, extend, continue, commitment, intend, ensure, create, plan, vision, strategy, expand, partnership and similar expressions identify forward-looking statements.

Pan American Silver to announce second quarter 2021 unaudited results on August 10 conference call and webcast on August 11

Retrieved on: 
Tuesday, July 13, 2021
Countries, Member states of the United Nations, Andean Community, BOLIVIA, Republics, Latin America, Silver as an investment, Argentina

An archive of the webcast will also be available for three months.

Key Points: 
  • An archive of the webcast will also be available for three months.
  • Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia.
  • As the world's second largest primary silver producer with the largest silver reserve base globally, we provide enhanced exposure to silver in addition to a diversified portfolio of gold producing assets.
  • Pan American has a 27-year history of operating in Latin America, earning an industry-leading reputation for corporate social responsibility, operational excellence and prudent financial management.

Santacruz Silver Reports First Quarter 2021 Financial Results

Retrieved on: 
Tuesday, June 1, 2021
Precious metals, Chemical elements, Chemistry, Physical sciences, Silver as an investment, Silver, Cash

(3) The Company reports non-IFRS measures which include Cash Cost per Silver Equivalent, All-in Sustaining Cash Cost per Silver Equivalent, Cash Cost of Production per Tonne, and Average Realized Silver Price per Ounce.

Key Points: 
  • (3) The Company reports non-IFRS measures which include Cash Cost per Silver Equivalent, All-in Sustaining Cash Cost per Silver Equivalent, Cash Cost of Production per Tonne, and Average Realized Silver Price per Ounce.
  • The Q1 2021 silver equivalent production decreased by 4% (after adjusting for the metal price deck) as compared to Q1 2020.
  • The Q1 2021 silver equivalent production was essentially the same as for Q1 2020 after adjusting for the metal price deck.
  • About Santacruz Silver Mining Ltd.
    Santacruz is a Mexican focused silver company with two producing silver projects (Zimapan and Rosario) and two exploration properties, the La Pechuga property and Santa Gorgonia prospect.

Why 2021 Market Volatility May Make Precious Metals Like Gold & Silver More Appealing To Investors

Retrieved on: 
Monday, March 15, 2021
Precious metals, Chemical elements, Chemistry, Physical sciences, Silver as an investment, Metal, Gold

PALM BEACH, Fla., March 15, 2021 /PRNewswire/ -- The demand for precious metals soared in 2020 as global investors stockpiled gold and silver, among other metals, during the Covid-19 pandemic in order to safeguard their assets.

Key Points: 
  • PALM BEACH, Fla., March 15, 2021 /PRNewswire/ -- The demand for precious metals soared in 2020 as global investors stockpiled gold and silver, among other metals, during the Covid-19 pandemic in order to safeguard their assets.
  • In 2021, silver is expected to outshine all other precious metals but experts also see an optimistic future for gold as the global economy recovers from the pandemic-induced demand slump.
  • Only 5% of investors surveyed thought the price of gold would decline.
  • One-third of the investors surveyed thought the price of silver would strengthen by at least 5% during the year.

Why 2021 Market Volatility May Make Precious Metals Like Gold & Silver More Appealing To Investors

Retrieved on: 
Monday, March 15, 2021
Precious metals, Chemical elements, Chemistry, Physical sciences, Silver as an investment, Metal, Gold

PALM BEACH, Fla., March 15, 2021 /PRNewswire/ -- The demand for precious metals soared in 2020 as global investors stockpiled gold and silver, among other metals, during the Covid-19 pandemic in order to safeguard their assets.

Key Points: 
  • PALM BEACH, Fla., March 15, 2021 /PRNewswire/ -- The demand for precious metals soared in 2020 as global investors stockpiled gold and silver, among other metals, during the Covid-19 pandemic in order to safeguard their assets.
  • In 2021, silver is expected to outshine all other precious metals but experts also see an optimistic future for gold as the global economy recovers from the pandemic-induced demand slump.
  • Only 5% of investors surveyed thought the price of gold would decline.
  • One-third of the investors surveyed thought the price of silver would strengthen by at least 5% during the year.

THC Therapeutics Has Begun the Process of Acquiring A Significant Amount of Physical Silver Bullion

Retrieved on: 
Tuesday, February 9, 2021
Financial markets, Chemistry, Precious metals, Physical sciences, Atoms, Silver, Short, Market, Silver as an investment

This massive disparity is caused by major banks worldwide selling paper silver without the backing of physical silver to suppress the market price.

Key Points: 
  • This massive disparity is caused by major banks worldwide selling paper silver without the backing of physical silver to suppress the market price.
  • A way to put pressure on the corrupt banks is to buy physical silver.
  • The silver market will shift to the actual trading of physical silver instead of being inherited from synthetic paper trading prone to manipulation.
  • Due to the disparity between the paper market and the physical market, there is now a considerable shortage of physical silver.

Xtierra Drilling High Grade Silver Zone at Bilbao

Retrieved on: 
Tuesday, January 5, 2021
Security, Silver, Silver as an investment, Oil well, Finance, Investment, Money

"Xtierra's prior drill campaigns and exploration in 2010-2013 identified eight targets for potential satellite mineralization around the main Bilbao polymetallic deposit.

Key Points: 
  • "Xtierra's prior drill campaigns and exploration in 2010-2013 identified eight targets for potential satellite mineralization around the main Bilbao polymetallic deposit.
  • The table above provides strong evidence of potential additional significant silver resources which require further drilling to prepare a 43-101 report.
  • With the much-improved outlook for silver prices, approaching the US$30 per ounce level used in the 2014 RungePincockMinarco (Canada) Limited (RPM) PEA, we are excited about these silver targets potentially increasing the value of the Bilbao deposit.
  • Xtierra invested over $30 million at Bilbao," commented Tim Gallagher, President.

Capstone Announces $150 Million Streaming Agreement with Wheaton Precious Metals for 50% of Silver at Cozamin

Retrieved on: 
Friday, December 11, 2020
Mining, Minerals, Natural Resources, S&P/TSX 60, Wheaton Precious Metals, Precious metal, Finance, Silver as an investment, Ounce, Wheaton, Chemical elements, Investment

Capstone Mining Corp. (Capstone or the Company) (TSX:CS) is pleased to announce that it has, through a wholly-owned subsidiary, entered into a definitive Precious Metals Purchase Agreement (the Stream Agreement) with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. (collectively, Wheaton).

Key Points: 
  • Capstone Mining Corp. (Capstone or the Company) (TSX:CS) is pleased to announce that it has, through a wholly-owned subsidiary, entered into a definitive Precious Metals Purchase Agreement (the Stream Agreement) with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. (collectively, Wheaton).
  • Upfront cash consideration of $150 million to Capstone upon closing of the Stream Agreement, expected in January 2021.
  • Wheaton will make ongoing payments equal to 10% of the spot silver price at the time of delivery for each ounce delivered to them.
  • Capstone will deliver 50% of life of mine payable silver from Cozamin until 10 million ounces have been delivered, after which the stream will be reduced to 33%.

Global Silver Jewelry Market Impacted by Pandemic and Higher Silver Prices

Retrieved on: 
Monday, December 7, 2020
Physical sciences, Chemistry, Precious metals, Chemical elements, Native element minerals, Transition metals, Electrical conductors, Silver as an investment, Silver, Copper, Costume jewelry

Although silver jewelry consumption currently accounts for 20 percent of total silver demand, it is projected to rise to a quarter of global silver demand by the mid-2020s, further underscoring the popularity and desirability of silver jewelry among leading designers and fashion-conscious consumers.

Key Points: 
  • Although silver jewelry consumption currently accounts for 20 percent of total silver demand, it is projected to rise to a quarter of global silver demand by the mid-2020s, further underscoring the popularity and desirability of silver jewelry among leading designers and fashion-conscious consumers.
  • Against this backdrop, a new publication released today by the Silver Institute, Silver Jewelry Report, assesses the current state and prospects of the top silver jewelry fabricating markets, including the U.S., India, Europe and East Asia.
  • The report states that the global silver jewelry market has been negatively affected in 2020 by the COVID-19 pandemic, higher silver prices in U.S. dollar terms, and record local silver prices, especially in India, the worlds largest silver jewelry fabricator.
  • While global silver jewelry demand is projected to fall by 23 percent in 2020, silver jewelry demand is expected to bounce back in 2021 and is likely to see a 13 percent recovery despite anticipated higher silver prices, primarily due to the forecasted economic recovery which should offset higher silver prices.

Aya Gold & Silver Reports Second Quarter 2020 Financial Results

Retrieved on: 
Wednesday, September 2, 2020
Security, Silver, Silver as an investment, Finance, Investment, Money

Financial Highlights Q2-2020 vs Q2-2019:

Key Points: 
  • Financial Highlights Q2-2020 vs Q2-2019:
    In the second quarter, revenues from silver sales totaled $2,040,753 (Q2-2019 $1,504,981).
  • The Corporation sold more silver than it produced in the quarter as shipment delays due to COVID-19 and low silver prices increased Q1 inventory.
  • Comprehensive income for the quarter of $652,285, compared to $1,512,218 in the same quarter of last year.
  • About Aya Gold & Silver Inc.
    Aya Gold & Silver Inc. is a publicly traded Canadian company focused on the operation, exploration, acquisition and development of silver and gold deposits.