Endeavour Silver released today its updated NI 43-101 reserve and resource estimates to June 1, 2012 for its newly acquired El Cubo Mine, which comprises the southeastern part of the Guanajuato mining district located in Guanajuato State. The Company currently owns and operates the Guanajuato Mine, which comprises the northwestern part of the [...]
Endeavour Silver and AuRico Gold are pleased to announce that they have completed the acquisition by Endeavour of 100% interests in AuRico Gold's El Cubo silver-gold mine in Guanajuato State and the Guadalupe y Calvo silver-gold exploration project in Chihuahua State, Mexico. Total consideration paid at closing by Endeavour was US$200 million [...]
Endeavour Silver announces that the Company's silver and gold production from the Company's two operating silver mines in Mexico, the Guanacevi Mine in Durango State and the Guanajuato Mine in Guanajuato State, continued to climb in the Second Quarter, 2012. Silver production was up 22% to 1,040,026 ounces (oz) and gold production was up 59% to [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/29/12 -- Endeavour Silver Corp. (TSX: EDR)(NYSE: EXK)(FRANKFURT: EJD) ("Endeavour") and AuRico Gold Inc. (TSX: AUQ)(NYSE: AUQ) ("AuRico Gold") announce that they have agreed to extend closing of the purchase/sale of the El Cubo mine in Guanajuato State, Mexico and the Guadalupe y Calvo ("GyC [...]
Silver stocks have struggled in 2012 amidst growing concerns of a global economic slowdown. Around 50 percent of silver's demand comes from industrial uses, which has suffered significantly from the euro-zone crisis. The Global X Silver Miners (SIL) has fallen over 18 percent in the last three months, while the iShares Silver Trust ETF (SLV) has [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/19/12 -- Endeavour Silver Corp. (TSX: EDR)(NYSE: EXK)(FRANKFURT: EJD) announces that it has acquired an option to purchase the Lourdes silver-gold property in the Sierra del Cubo area, located about 40 kilometers (km) northeast of Guanajuato City in Guanajuato State, Mexico. The property is [...]
2012 has proven to be a tough year for both silver prices and silver mining stocks. The iShares Silver Trust ETF (SLV) has fallen over 16 percent in the last three months, while the Global X Silver Miners ETF (SIL) has dropped over 20 percent over the same period. The Paragon Report examines investing opportunities in the Silver Industry and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/05/12 -- Endeavour Silver Corp. (TSX: EDR)(NYSE: EXK)(FRANKFURT: EJD) announced on April 15, 2012 that it had entered into an agreement to acquire the El Cubo mine in Guanajuato State, Mexico and the Guadalupe y Calvo ("GyC") property in Chihuahua State, Mexico from AuRico Gold Inc. Endeavour [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/24/12 -- Endeavour Silver Corp. (TSX: EDR)(NYSE: EXK)(FRANKFURT: EJD) announced today a record shareholder turnout for the Annual General Meeting held yesterday in Vancouver. A total of 63.5 million votes were cast representing 72% of the issued common shares as of the record date for the meeting [...]
Endeavour announces that exploration drilling at the San Sebastian property in Jalisco State, Mexico has discovered a new high grade silver-gold mineralized zone in the Terronera vein. Drilling highlights in the Terronera Vein include 1,489 grams per tonne (gpt) silver and 0.85 gpt gold over 5.66 meters (m) true width (44.7 ounces per ton (opT [...]
Endeavour Silver announced today its financial and operating results and unaudited financial statements for the First Quarter, 2012. Endeavour owns and operates two high-grade, underground, silver-gold mines in Mexico, the Guanacevi Mines in Durango State and the Guanajuato Mines in Guanajuato State. The Company reported record adjusted earnings (a [...]
Silver prices rebounded after Ben Bernanke commented that the Federal Reserve was prepared to take action if the economy required additional support. Silver spot prices ended last week at $31.27 after dipping below $30 earlier in the week. Silver's rally will look to continue in 2012 as China has recently received approval to begin trading silver [...]