Final Glance: Silver companies
[AP] – Shares of some top silver companies were up at the close of trading: Hecla Mining Co. rose $.07 or 2.3 percent, to $3.13. Pan American Silver Corp. rose $.35 or 2.7 percent, to $13.15. Silver Standard …
SILVER (MSM)
Paramount Gold and Silver Corp. Transaction Update
[Marketwired] – Paramount Gold and Silver Corp. announced today it will hold a special meeting of its stockholders in connection with the previously announced proposed transaction with Coeur Mining, Inc. on April 17, …
Silver Wheaton announces closing of US$800 million bought-deal common share financing
[PR Newswire] – VANCOUVER, March 17, 2015 /PRNewswire/ – Silver Wheaton Corp. (“Silver Wheaton” or the “Company”) (SLW) (SLW) has closed its previously announced bought-deal common share financing. A total of 38,930,000 common shares of Silver Wheaton were sold at a price of US$20.55 per share (the “Offering”), for aggregate gross proceeds to Silver Wheaton of approximately US$800 million. Silver Wheaton intends to use the net proceeds to fund the
Thursday, March 19: Today in Gold and Silver
NEW YORK (TheStreet) — The gold price traded in less than a five dollar price range right up until the Fed spoke. The price blasted higher from there, but it was obvious from the chart that sellers of last resort were at the ready, with the preliminary rally, along with every subsequent rally meeting the same fate—and the gold price was closed well of its high tick. The low and
Wednesday, March 18: Today in Gold and Silver
NEW YORK (TheStreet) — The gold price traded in a pretty tight range through all of Far East trading on their Tuesday—but once London opened, the price developed its usual negative bias—and around 8:45 a.m. EDT, the HFT boyz and their algorithms stepped in—and the low tick came about 9:20 a.m.—which was another new low for this move down. From there it blasted higher into the London p.m. gold “fix”—and
Tuesday, March 17: Today in Gold and Silver
NEW YORK (TheStreet) — Monday’s trading session in gold turned out pretty much as expected, with the high tick coming just before the London open—and it was all down hill into the on-the-dot 11:00 a.m. EDT low, which was probably the close of gold trading in London as well. From there it rallied unsteadily into the close of electronic trading. This was same trading pattern as we’ve had during the
Saturday, March 14: Today in Gold and Silver
NEW YORK (TheStreet) — As has been the case for three days in a row, the smallish rally in gold in Far East trading met the usual not-for-profit sellers an hour or so before the London open. The low tick came shortly after 11:00 a.m. EDT in New York. The gold price rallied quietly from there, before tacking on another quick five bucks in the last hour of trading in
Thursday, March 12: Today in Gold and Silver
NEW YORK (TheStreet) — The gold price rallied a few dollars in early Far East trading on their Wednesday, before getting rolled over once trading began in London at 8:00 a.m. GMT. The low tick came shortly after London closed—around 11:10 a.m. EDT in New York—and then rallied into the close of electronic trading. The high and low ticks were reported by the CME Group as $1,164.30 and $1,146.50 in
Friday, March 13: Today in Gold and Silver
NEW YORK (TheStreet) — Gold hit its Far East low at 10 a.m. Hong Kong time—and then rallied about fifteen bucks by shortly after 3 p.m. local time, which was just after 7 a.m. in London. The usual suspects showed up at that point—and the low tick of the day came at 12:45 p.m. EDT in New York. The price rallied a bit until a few minutes after the COMEX
Wednesday, March 11: Today in Gold and Silver
NEW YORK (TheStreet) — The gold price was under pressure starting shortly after 9 a.m. Hong Kong time in Far East trading. The low tick was in shortly before 9 a.m. GMT in London—and the subsequent saw-toothed rally ended at the London p.m. gold fix. The New York low came thirty minutes before the Comex close—and the price chopped a bit higher into the 5:15 p.m. electronic close. The low