The document summarizes a report on silver from March 2010. It discusses:
1) Silver is an underappreciated precious metal that is used more for industrial purposes than as an investment like gold. This contributes to volatility in its price.
2) Silver has many practical uses from medicine to photography to electronics. It is a main component in burn treatment and is used in film development.
3) While gold prices increased significantly from 2008-2009, silver prices also rose but production remained relatively flat. Increased investment demand from ETFs helped increase demand.
4) Most silver is produced as a byproduct of mining other metals like copper and gold. Companies that buy silver mining rights have become
The gold sector had a very strong year in 2009, raising over $23 billion Canadian for mining and materials companies. This was a significant increase from the $14.5 billion raised in 2008. Most of the capital raised was used for exploration, development, acquisitions, debt refinancing, and working capital. The price of gold increased nearly 30% over the year, rising from around $850 US per ounce to over $1100 US per ounce, driving increased investment in the gold mining sector. The document discusses historical views on gold and currencies, and argues that gold continues to be an important currency and store of value.
This document initiates coverage on four silver mining companies - Bear Creek Mining, Coeur d'Alene Mines, Fortuna Silver Mines, and Silver Wheaton Corp. It provides an overview of the silver market, noting growing industrial demand and recent increases in investment and ETF demand. The document establishes an investment framework for analyzing silver equities, including established producers, growing producers, and world-class development projects. Individual analyses and recommendations are provided for each of the four companies.
The document provides an overview of investing in gold as an asset class. It discusses gold demand and supply trends, reasons to invest in gold, how to gain exposure to gold, and analyzing the real price of gold over time. The price of gold is inversely related to the US dollar and acts as a hedge against inflation. Physical gold, gold funds, and gold futures are some ways to invest in gold.
Precious metals prices may lack direction in 2013 due to uncertainty in the market. Many factors that influence prices, such as economic conditions in Western Europe and China, are already priced into the market. Overall, precious metals prices are expected to average modestly lower in 2013 than 2012 levels as investment demand for gold and silver is expected to decrease. The platinum group metals may trade higher on an annual basis due to constrained supply, but weak fabrication demand will limit upside. The primary concern is assessing when demand growth will strengthen again.
1) The document discusses forward-looking statements about the company's ability to develop precious metals and future plans and strategies.
2) It provides information about the company's growth from $50 million to $1 billion in market cap since 2006 and returning $63 million in dividends to shareholders.
3) The company has a 100% interest in 6 potential gold and silver properties totaling over 200 square miles in the mining-friendly jurisdiction of Oaxaca, Mexico.
The document discusses the DSP BlackRock World Gold Fund. It is a fund that invests predominantly in gold mining companies, giving investors international diversification and exposure to gold price movements. The fund is one of the largest in its category, with over $9 billion in assets under management. It has outperformed benchmarks like the FTSE Gold Mines Index over its 15-year history. The document discusses factors that have supported rising gold prices in recent years like currency volatility, inflation concerns, and increasing investment demand for gold. It also notes challenges for increasing gold mine supply given declining ore grades and scarce new discoveries.
The document provides cautionary statements regarding forward-looking statements and mineral reserve estimates in the Silver Wheaton September 2012 Denver Gold Forum presentation. It notes that forward-looking statements are subject to risks and uncertainties, and mineral resources that are not mineral reserves do not have demonstrated economic viability. It also cautions US investors that Canadian terms like "measured", "indicated", and "inferred" resources are not recognized by the US SEC.
The gold sector had a very strong year in 2009, raising over $23 billion Canadian for mining and materials companies. This was a significant increase from the $14.5 billion raised in 2008. Most of the capital raised was used for exploration, development, acquisitions, debt refinancing, and working capital. The price of gold increased nearly 30% over the year, rising from around $850 US per ounce to over $1100 US per ounce, driving increased investment in the gold mining sector. The document discusses historical views on gold and currencies, and argues that gold continues to be an important currency and store of value.
This document initiates coverage on four silver mining companies - Bear Creek Mining, Coeur d'Alene Mines, Fortuna Silver Mines, and Silver Wheaton Corp. It provides an overview of the silver market, noting growing industrial demand and recent increases in investment and ETF demand. The document establishes an investment framework for analyzing silver equities, including established producers, growing producers, and world-class development projects. Individual analyses and recommendations are provided for each of the four companies.
The document provides an overview of investing in gold as an asset class. It discusses gold demand and supply trends, reasons to invest in gold, how to gain exposure to gold, and analyzing the real price of gold over time. The price of gold is inversely related to the US dollar and acts as a hedge against inflation. Physical gold, gold funds, and gold futures are some ways to invest in gold.
Precious metals prices may lack direction in 2013 due to uncertainty in the market. Many factors that influence prices, such as economic conditions in Western Europe and China, are already priced into the market. Overall, precious metals prices are expected to average modestly lower in 2013 than 2012 levels as investment demand for gold and silver is expected to decrease. The platinum group metals may trade higher on an annual basis due to constrained supply, but weak fabrication demand will limit upside. The primary concern is assessing when demand growth will strengthen again.
1) The document discusses forward-looking statements about the company's ability to develop precious metals and future plans and strategies.
2) It provides information about the company's growth from $50 million to $1 billion in market cap since 2006 and returning $63 million in dividends to shareholders.
3) The company has a 100% interest in 6 potential gold and silver properties totaling over 200 square miles in the mining-friendly jurisdiction of Oaxaca, Mexico.
The document discusses the DSP BlackRock World Gold Fund. It is a fund that invests predominantly in gold mining companies, giving investors international diversification and exposure to gold price movements. The fund is one of the largest in its category, with over $9 billion in assets under management. It has outperformed benchmarks like the FTSE Gold Mines Index over its 15-year history. The document discusses factors that have supported rising gold prices in recent years like currency volatility, inflation concerns, and increasing investment demand for gold. It also notes challenges for increasing gold mine supply given declining ore grades and scarce new discoveries.
The document provides cautionary statements regarding forward-looking statements and mineral reserve estimates in the Silver Wheaton September 2012 Denver Gold Forum presentation. It notes that forward-looking statements are subject to risks and uncertainties, and mineral resources that are not mineral reserves do not have demonstrated economic viability. It also cautions US investors that Canadian terms like "measured", "indicated", and "inferred" resources are not recognized by the US SEC.
This document discusses forward-looking statements made by Seabridge Gold regarding its mineral reserve and resource estimates and operating plans. It notes that mineral resources that are not mineral reserves do not have demonstrated economic viability. The document then highlights Seabridge's large gold and copper reserves, low share dilution, low valuation compared to peers, low political risk as properties are in Canada, and potential for further exploration success.
South American Silver Corp. April 2012 Corporate PresentationJinn-Erik Tveita
South American Silver Corp. owns two large-scale silver deposits in South America: the Malku Khota project in Bolivia and the Escalones project in Chile. Malku Khota has one of the world's largest silver-indium resources and the 2011 PEA study estimated production of 13.2 million ounces of silver per year. Escalones has an inferred resource of 3.8 billion pounds of copper and 610,000 ounces of gold. South American Silver aims to advance these projects and grow their significant silver and base metal resources to create shareholder value.
This document summarizes South American Silver Corp., which is focused on developing two large-scale mining projects in South America. The company's flagship project is the Malku Khota silver-indium project in Bolivia, which hosts one of the world's largest silver-indium resources. The project is undergoing pre-feasibility and feasibility studies. The company's other project is the Escalones copper-gold-silver project in Chile, which has an inferred resource of over 3 billion pounds of copper. The company aims to become a top primary silver and indium producer globally from its Malku Khota project.
The document summarizes the investment highlights of NorthIsle Copper and Gold Inc., which includes a newly updated NI 43-101 resource for its 100% owned North Island Project in British Columbia, Canada. The project has an indicated resource of 1.4 billion pounds of copper, 2.8 million ounces of gold, and 65.7 million pounds of molybdenum. It also has an inferred resource and the potential for further expansion. Comparables are provided for operating mines and recently developed projects similar to NorthIsle's project.
South American Silver Corp December 2011 Corporate Presentationsoamsilver
This document summarizes South American Silver Corp., which is growing and advancing one of the world's largest undeveloped silver and indium resources. It has two large-scale deposits in South America, including the Malku Khota project in Bolivia, which is one of the largest silver-indium-gallium resources globally. An updated 2011 study doubles estimated production to 13.2 million ounces of silver, 80 tonnes of indium, and 15 tonnes of gallium annually for the first five years.
Jp morgan annual emea equity conference — londonevraz_company
This document provides an overview of Evraz Group, a vertically integrated steel and mining company, for investors attending the JPMorgan Annual EMEA Equity Conference in London on January 25-26, 2007. The summary includes highlights of Evraz's operations, financial performance in 1H2006, strategies for growth, and positioning in the Russian and CIS steel markets.
This corporate document provides an update for March 2011. It discusses forward-looking statements and the risks associated with them. Key points include increasing gold production to 1.5 million ounces by 2014, growing gold reserves to over 22 million ounces, acquiring smaller companies, maintaining low costs, and increasing net free cash flow and dividends per share. Operating results for 2010 show growing revenue diversified across six mines, with total gold production of 987,609 ounces and total cash costs of $451 per ounce. Financial results for 2010 were record levels of earnings and cash flow driven by production growth.
SAC November 2011 Corporate Presentationsoamsilver
South American Silver Corp. November 2011 Corporate Presentation. Learn about Malku Khota, one of the world's largest undeveloped silver, indium and gallium resources. Contact us for more information.
SAC September 2011 Corporate Presentationsoamsilver
South American Silver Corp. is growing and advancing one of the world's largest undeveloped silver and indium resources. The company has two large-scale deposits in South America - Malku Khota, one of the largest silver-indium-gallium resources, and Escalones, a high potential copper-silver-gold deposit. An updated study doubles estimated production at Malku Khota to 13.2 million ounces of silver, 80 tonnes of indium, and 15 tonnes of gallium per year for the first five years.
Gold has increased in value significantly over the past decade, rising from $1843.60 per ounce in 2011 to over $1900 per ounce currently. This increase has been driven by financial and political crises that increase uncertainty and decrease confidence in fiat currencies. When stock markets and other assets fall, gold often rises as investors view it as a stable store of value. Major crises like the 9/11 attacks, the 2008 recession, European debt problems, and US debt downgrades have all contributed to rising gold prices by weakening currencies and increasing demand for a stable alternative. Political unrest and high inflation also typically cause investors to seek refuge in gold.
Gold Investment Symposium 2012 - Company presentation - Silver Lake ResourcesSymposium
Silver Lake Resources held a Gold Symposium in October 2012 to discuss the company's performance and key milestones. Over the past 3 years, Silver Lake had grown from operating a single mine to five mines projected for 2012, with an estimated 10-year mine life. Production had increased from 47 koz in 2009 to a projected 83 koz in 2012. The company raised $70 million in equity in 2011 to fund expansions. In August 2012, Silver Lake announced the acquisition of Integra Goldrush to combine production of 400,000 oz annually.
The document discusses trends in mining M&A from 2008-2009. Key drivers for M&A included some companies having good projects but lacking financing, and others having excess cash and seeking targets. Metals price declines put pressure on miners and made M&A more appealing. Notable M&A deals included Capstone merging with Sherwood, CGH merging with Suramina, and Silverstone being acquired by Silver Wheaton. Reasons for deals included building scale, removing competition, and restructuring financially troubled companies.
The document summarizes 3 investment ideas presented by the speaker:
1. Investing in emerging gold producers and companies with advanced gold deposits. Production is falling while costs rise, so junior companies that find deposits will see share prices increase substantially.
2. Investing in selected base metal and uranium companies that have established resources. These sectors are out of favor but offer exceptional value, as the Chinese and Europeans are acquiring assets.
3. Getting familiar with green technology companies related to energy, as this sector will see hundreds of small innovative companies over the next decade similar to the mining sector.
South American Silver Corp March 2012 Corporate Presentationsoamsilver
South American Silver Corp's March 2012 Corporate Presentation. Learn about the Malku Khota silver-indium project in Bolivia and the Escalones copper-gold project in Chile.
1) Silver has been mined since 3000 BC in Turkey and is currently mined mainly in Peru, Bolivia, Mexico, and Australia through direct mining and as a byproduct of other metal mining.
2) Demand for silver has increased many folds in recent years due to its use in electronics, batteries, solar panels, and other industrial applications. However, supply has not kept up with rising demand.
3) Factors like inflation, economic growth, currency exchange rates, and speculation affect silver prices in addition to the basic supply and demand dynamics. Strong global economic growth and rising industrial demand are expected to push silver prices higher in the long run.
- Silver prices currently sit near 5-year lows, despite stronger-than-ever fundamentals including diminishing above-ground inventories and rising industrial demand.
- With more claims on silver in existence than could possibly be delivered, an upside price explosion is setting up as a "silver squeeze" develops from shortages.
- The author predicts silver prices will rise dramatically to a minimum of $140 per ounce, though some analysts predict it could reach as high as $1,000 per ounce, as the paper market ruptures due to inability to deliver on contracts from physical shortages.
- Silver prices currently sit near 5-year lows, despite stronger-than-ever fundamentals including diminishing above-ground inventories and rising industrial demand.
- With more claims on silver in existence than could possibly be delivered, an upside price explosion is setting up as a "silver squeeze" develops from shortages.
- The author predicts silver prices will rise dramatically to a minimum of $140 per ounce, though some analysts predict it could reach as high as $1,000 per ounce, as the paper market ruptures due to inability to deliver on contracts from physical shortages.
- Silver prices currently sit near 5-year lows, despite stronger-than-ever fundamentals including diminishing above-ground inventories and rising industrial demand.
- With more claims on silver in existence than could possibly be delivered, an upside price explosion is setting up as a "silver squeeze" develops from shortages.
- The author predicts silver prices will rise dramatically to a minimum of $140 per ounce, though some analysts predict it could reach as high as $1,000 per ounce, as the paper market ruptures due to inability to deliver on contracts from physical shortages.
U.S. Silver Corporation is a silver mining company with operations focused on its Galena Mine in Idaho. It has annual production of 2.4 million ounces of silver and is establishing plans to restart production at its Coeur Mine. The company has a strong balance sheet with a low cost structure and dominant land position in the historic Silver Valley mining district that provides exploration upside. U.S. Silver has an experienced management team and board of directors with extensive experience in mining operations.
This document contains a summary report on base and precious metal prices and mining company news from Terra Studio. It discusses issues like rising impurity levels in copper concentrates from lower grade mines, Codelco's plans to invest $29 billion and sell bonds to fund expansion, and Rio Tinto leaving $4.2 billion in financing for its Oyu Tolgoi project in Mongolia unresolved. It also provides updates on company acquisitions, funding deals, and production figures from miners like Vale and MMG.
Gold prices fell sharply in 2013, dropping $500/oz from late 2012 levels, driven by investors shifting out of gold as central banks signaled an end to quantitative easing programs. This large amount of gold hitting the market at one time was exacerbated by restrictions on gold imports in India. The sell-off has made many high-cost gold mines unprofitable. Global mine output is expected to fall around 15% over the medium term as mines close and new projects are delayed. The author expects gold to trade in a range of $1,000 to $1,750/oz for the rest of the decade as supply and demand factors act as stabilizers to the price slump.
This document discusses forward-looking statements made by Seabridge Gold regarding its mineral reserve and resource estimates and operating plans. It notes that mineral resources that are not mineral reserves do not have demonstrated economic viability. The document then highlights Seabridge's large gold and copper reserves, low share dilution, low valuation compared to peers, low political risk as properties are in Canada, and potential for further exploration success.
South American Silver Corp. April 2012 Corporate PresentationJinn-Erik Tveita
South American Silver Corp. owns two large-scale silver deposits in South America: the Malku Khota project in Bolivia and the Escalones project in Chile. Malku Khota has one of the world's largest silver-indium resources and the 2011 PEA study estimated production of 13.2 million ounces of silver per year. Escalones has an inferred resource of 3.8 billion pounds of copper and 610,000 ounces of gold. South American Silver aims to advance these projects and grow their significant silver and base metal resources to create shareholder value.
This document summarizes South American Silver Corp., which is focused on developing two large-scale mining projects in South America. The company's flagship project is the Malku Khota silver-indium project in Bolivia, which hosts one of the world's largest silver-indium resources. The project is undergoing pre-feasibility and feasibility studies. The company's other project is the Escalones copper-gold-silver project in Chile, which has an inferred resource of over 3 billion pounds of copper. The company aims to become a top primary silver and indium producer globally from its Malku Khota project.
The document summarizes the investment highlights of NorthIsle Copper and Gold Inc., which includes a newly updated NI 43-101 resource for its 100% owned North Island Project in British Columbia, Canada. The project has an indicated resource of 1.4 billion pounds of copper, 2.8 million ounces of gold, and 65.7 million pounds of molybdenum. It also has an inferred resource and the potential for further expansion. Comparables are provided for operating mines and recently developed projects similar to NorthIsle's project.
South American Silver Corp December 2011 Corporate Presentationsoamsilver
This document summarizes South American Silver Corp., which is growing and advancing one of the world's largest undeveloped silver and indium resources. It has two large-scale deposits in South America, including the Malku Khota project in Bolivia, which is one of the largest silver-indium-gallium resources globally. An updated 2011 study doubles estimated production to 13.2 million ounces of silver, 80 tonnes of indium, and 15 tonnes of gallium annually for the first five years.
Jp morgan annual emea equity conference — londonevraz_company
This document provides an overview of Evraz Group, a vertically integrated steel and mining company, for investors attending the JPMorgan Annual EMEA Equity Conference in London on January 25-26, 2007. The summary includes highlights of Evraz's operations, financial performance in 1H2006, strategies for growth, and positioning in the Russian and CIS steel markets.
This corporate document provides an update for March 2011. It discusses forward-looking statements and the risks associated with them. Key points include increasing gold production to 1.5 million ounces by 2014, growing gold reserves to over 22 million ounces, acquiring smaller companies, maintaining low costs, and increasing net free cash flow and dividends per share. Operating results for 2010 show growing revenue diversified across six mines, with total gold production of 987,609 ounces and total cash costs of $451 per ounce. Financial results for 2010 were record levels of earnings and cash flow driven by production growth.
SAC November 2011 Corporate Presentationsoamsilver
South American Silver Corp. November 2011 Corporate Presentation. Learn about Malku Khota, one of the world's largest undeveloped silver, indium and gallium resources. Contact us for more information.
SAC September 2011 Corporate Presentationsoamsilver
South American Silver Corp. is growing and advancing one of the world's largest undeveloped silver and indium resources. The company has two large-scale deposits in South America - Malku Khota, one of the largest silver-indium-gallium resources, and Escalones, a high potential copper-silver-gold deposit. An updated study doubles estimated production at Malku Khota to 13.2 million ounces of silver, 80 tonnes of indium, and 15 tonnes of gallium per year for the first five years.
Gold has increased in value significantly over the past decade, rising from $1843.60 per ounce in 2011 to over $1900 per ounce currently. This increase has been driven by financial and political crises that increase uncertainty and decrease confidence in fiat currencies. When stock markets and other assets fall, gold often rises as investors view it as a stable store of value. Major crises like the 9/11 attacks, the 2008 recession, European debt problems, and US debt downgrades have all contributed to rising gold prices by weakening currencies and increasing demand for a stable alternative. Political unrest and high inflation also typically cause investors to seek refuge in gold.
Gold Investment Symposium 2012 - Company presentation - Silver Lake ResourcesSymposium
Silver Lake Resources held a Gold Symposium in October 2012 to discuss the company's performance and key milestones. Over the past 3 years, Silver Lake had grown from operating a single mine to five mines projected for 2012, with an estimated 10-year mine life. Production had increased from 47 koz in 2009 to a projected 83 koz in 2012. The company raised $70 million in equity in 2011 to fund expansions. In August 2012, Silver Lake announced the acquisition of Integra Goldrush to combine production of 400,000 oz annually.
The document discusses trends in mining M&A from 2008-2009. Key drivers for M&A included some companies having good projects but lacking financing, and others having excess cash and seeking targets. Metals price declines put pressure on miners and made M&A more appealing. Notable M&A deals included Capstone merging with Sherwood, CGH merging with Suramina, and Silverstone being acquired by Silver Wheaton. Reasons for deals included building scale, removing competition, and restructuring financially troubled companies.
The document summarizes 3 investment ideas presented by the speaker:
1. Investing in emerging gold producers and companies with advanced gold deposits. Production is falling while costs rise, so junior companies that find deposits will see share prices increase substantially.
2. Investing in selected base metal and uranium companies that have established resources. These sectors are out of favor but offer exceptional value, as the Chinese and Europeans are acquiring assets.
3. Getting familiar with green technology companies related to energy, as this sector will see hundreds of small innovative companies over the next decade similar to the mining sector.
South American Silver Corp March 2012 Corporate Presentationsoamsilver
South American Silver Corp's March 2012 Corporate Presentation. Learn about the Malku Khota silver-indium project in Bolivia and the Escalones copper-gold project in Chile.
1) Silver has been mined since 3000 BC in Turkey and is currently mined mainly in Peru, Bolivia, Mexico, and Australia through direct mining and as a byproduct of other metal mining.
2) Demand for silver has increased many folds in recent years due to its use in electronics, batteries, solar panels, and other industrial applications. However, supply has not kept up with rising demand.
3) Factors like inflation, economic growth, currency exchange rates, and speculation affect silver prices in addition to the basic supply and demand dynamics. Strong global economic growth and rising industrial demand are expected to push silver prices higher in the long run.
- Silver prices currently sit near 5-year lows, despite stronger-than-ever fundamentals including diminishing above-ground inventories and rising industrial demand.
- With more claims on silver in existence than could possibly be delivered, an upside price explosion is setting up as a "silver squeeze" develops from shortages.
- The author predicts silver prices will rise dramatically to a minimum of $140 per ounce, though some analysts predict it could reach as high as $1,000 per ounce, as the paper market ruptures due to inability to deliver on contracts from physical shortages.
- Silver prices currently sit near 5-year lows, despite stronger-than-ever fundamentals including diminishing above-ground inventories and rising industrial demand.
- With more claims on silver in existence than could possibly be delivered, an upside price explosion is setting up as a "silver squeeze" develops from shortages.
- The author predicts silver prices will rise dramatically to a minimum of $140 per ounce, though some analysts predict it could reach as high as $1,000 per ounce, as the paper market ruptures due to inability to deliver on contracts from physical shortages.
- Silver prices currently sit near 5-year lows, despite stronger-than-ever fundamentals including diminishing above-ground inventories and rising industrial demand.
- With more claims on silver in existence than could possibly be delivered, an upside price explosion is setting up as a "silver squeeze" develops from shortages.
- The author predicts silver prices will rise dramatically to a minimum of $140 per ounce, though some analysts predict it could reach as high as $1,000 per ounce, as the paper market ruptures due to inability to deliver on contracts from physical shortages.
U.S. Silver Corporation is a silver mining company with operations focused on its Galena Mine in Idaho. It has annual production of 2.4 million ounces of silver and is establishing plans to restart production at its Coeur Mine. The company has a strong balance sheet with a low cost structure and dominant land position in the historic Silver Valley mining district that provides exploration upside. U.S. Silver has an experienced management team and board of directors with extensive experience in mining operations.
This document contains a summary report on base and precious metal prices and mining company news from Terra Studio. It discusses issues like rising impurity levels in copper concentrates from lower grade mines, Codelco's plans to invest $29 billion and sell bonds to fund expansion, and Rio Tinto leaving $4.2 billion in financing for its Oyu Tolgoi project in Mongolia unresolved. It also provides updates on company acquisitions, funding deals, and production figures from miners like Vale and MMG.
Gold prices fell sharply in 2013, dropping $500/oz from late 2012 levels, driven by investors shifting out of gold as central banks signaled an end to quantitative easing programs. This large amount of gold hitting the market at one time was exacerbated by restrictions on gold imports in India. The sell-off has made many high-cost gold mines unprofitable. Global mine output is expected to fall around 15% over the medium term as mines close and new projects are delayed. The author expects gold to trade in a range of $1,000 to $1,750/oz for the rest of the decade as supply and demand factors act as stabilizers to the price slump.
The document discusses mergers and acquisitions (M&A) in the Latin American mining sector. It outlines key drivers for M&A including companies needing funds to advance projects, producers looking for targets, and opportunities for cost savings. Challenges to M&A include egos, reviving metals prices discouraging deals, and reluctance to lose control. Several case studies of specific M&A deals in the region are also summarized.
The document summarizes a report on gold, silver, and copper prices from 2015. It finds:
- Gold prices have fallen over 35% since 2011 and miners have cut costs, with fewer expecting prices to rebound soon. The average long-term planning price among miners is $1,284 per ounce.
- Silver has fallen over 50% since 2011 and is in a slump but demand for its industrial uses will continue.
- Though down from 2011 highs, copper is still profitable around $3 per pound and essential for infrastructure.
- Miners have restructured for the current low price environment but must focus on growth while balancing risks, as investment and demand have slowed. The industry
Primero Mining Corp is a Canadian gold and silver producer focused on growth through its existing San Dimas mine in Mexico and the development of its Cerro del Gallo project, also in Mexico. The company has over 145 million fully diluted shares outstanding and produces gold and silver at its high-grade, low-cost San Dimas mine. Primero plans to expand production at San Dimas and advance Cerro del Gallo using its $141 million in cash and strong cash flow to become an intermediate precious metals producer without needing outside financing. The company also believes significant exploration upside remains at its properties and within the surrounding mining districts.
Stock Market Crash and Gold Stocks: The X-Factor Poised to Separate the Wheat...Stephan Bogner
The novel coronavirus is spreading fear and panic on a global scale. Over the last few days, the Dow Jones Index crashed almost 3,000 points lower. Yesterday alone, the leading stock market index lost 1,190.96 points (-4.42%), making Thursday, February 27, 2020, the biggest daily point loss in the history of the Dow Jones.
On the positive side, this is not the first time that the popular stock indices are in crash mode, pulling down almost everything including gold stocks. A look into the past, however, shows that gold stocks may only fall for a limited period of time during such panic-driven selling waves. In the last major stock market crash of 2008, gold prices and gold stocks only briefly fell to their knees and were able to quickly make up for their losses. The gold price started a strong upward trend after the 2008 crash and appreciated by 175% (from $700 to $1,923 USD/ounce) within only 2 years. During that time, gold stocks were amongst the biggest winners.
The document is a report from Oz Metals summarizing base and precious metal market fundamentals and company news. It discusses an expected intensification of the zinc market deficit in 2015 according to Glencore's annual report. It also provides updates on various mining company deals, operations, and commodity prices. Charts of company share prices and financial data are included.
SAC September 2011 Corporate Presentationsoamsilver
Growing and advancing one of the world’s largest undeveloped silver and indium resources. South American Silver Corp's flagship project is the Malku Khota project in Bolivia, which hosts one of the largest silver-indium resources globally. Updated resources in 2011 doubled estimated production to 13.2 million ounces of silver and 80 tonnes of indium annually for the first 5 years. The project has potential for low costs and to become a top primary silver and indium producer.
South American Silver Corp's January 2012 Corporate Presentation. Learn about Malku Khota, one of the largest silver, indium and gallium resources, and Escalones, a large-scale copper project.
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Budgeting as a Control Tool in Government Accounting in Nigeria
Being a Paper Presented at the Nigerian Maritime Administration and Safety Agency (NIMASA) Budget Office Staff at Sojourner Hotel, GRA, Ikeja Lagos on Saturday 8th June, 2024.
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
Discovering Delhi - India's Cultural Capital.pptxcosmo-soil
Delhi, the heartbeat of India, offers a rich blend of history, culture, and modernity. From iconic landmarks like the Red Fort to bustling commercial hubs and vibrant culinary scenes, Delhi's real estate landscape is dynamic and diverse. Discover the essence of India's capital, where tradition meets innovation.
What Lessons Can New Investors Learn from Newman Leech’s Success?Newman Leech
Newman Leech's success in the real estate industry is based on key lessons and principles, offering practical advice for new investors and serving as a blueprint for building a successful career.
Explore the world of investments with an in-depth comparison of the stock market and real estate. Understand their fundamentals, risks, returns, and diversification strategies to make informed financial decisions that align with your goals.
How to Identify the Best Crypto to Buy Now in 2024.pdfKezex (KZX)
To identify the best crypto to buy in 2024, analyze market trends, assess the project's fundamentals, review the development team and community, monitor adoption rates, and evaluate risk tolerance. Stay updated with news, regulatory changes, and expert opinions to make informed decisions.
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
Cryptocurrencies can be used for various purposes, including online purchases, investment opportunities, and as a means of transferring value globally without the need for intermediaries like banks.
How to Invest in Cryptocurrency for Beginners: A Complete Guide
CFB Silver Report — March 2010
1. CFB Silver Report
March 2010
Produced and distributed by
Please visit www.canadianfinancing.com to subscribe
For more information about the Canadian Financing Bulletin contact us at 1-800-504-3588 or cfb@blendermedia.com
2. The Silver Report
March 2010
Silver is an often under-appreciated metal. Categorized as a precious metal, it Europe
is immediately held up to the standard of gold, and - given the difference in price $ 67,623,486.06
North America
$ 384,971,777.25
– is usually overlooked as a potential investment. While the majority of gold is Asia
held (and traded) as an investment or by governments, this is not the case for $ 51,812,804.30
silver; the majority of silver sales are for manufacturing purposes and jewellery.
This lack of `float’ in the silver market may contribute to volatility in the silver
spot market.
Silver is certainly the proletariat of the precious metals world, having numerous
practical uses from medicine to photography to electronics. Silver is a main
South
component of salves and wraps for burn victims, as well as surgical tools. In
America
photography, a silver-based compound forms a thin layer on the film which $ 841,536,060.07
eventually transposes the images from the film to paper during processing.
Though personal cameras are swiftly moving to being almost exclusively digital
image capture, the movie industry still mainly uses film based cameras to Working Capital
Exploration/
shoot. Silver is one of the best conductors of heat and electricity, and is widely $ 20,665,612.01
Development
used across all sectors of industry. More than 50% of silver available in any $ 469,144,657.31
Debt Refinancing
given year is bought and used for industrial purposes. $ 363,047,819.57
Gold has become the `it’ commodity since the Great Recession began in early
2008. Spot prices have risen from an average of $700(USD) per ounce is the
summer of 2008, to over $1200(USD) in late 2009. Silver recovered from lows
of under $9 (USD) per ounce in early 2008 to over $19 (USD) in late 2009.
During this time gold production has risen, and mines in pre-production (in the
pipeline) are up significantly. Silver production has remained relatively flat
though, rising only 2.5% year over year from 2007 to 2008 while the pipeline
looks on pace to just maintain current production levels. Current economic Aquisition
(Land & Secondary Rights)
conditions have squelched industrial demand slightly, but the emergence of $ 493,086,038.79
silver ETFs has helped shore up demand. This potential for demand increase
by a recovering world economy plus the growth of these holding funds could
produce a demand squeeze that could put great upward pressure on silver 62 different companies
prices going forward. closed 161 financings in 2009.
Total proceeds (2009): $1,346m
Very few companies that produce silver are really necessarily looking for it.
Largest closing: $312m
Roughly 70% of silver output is as a secondary product of operations. Copper
and gold are typically hosted in similar geologies as silver, and the silver can be Average proceeds (by company): $21.7m
extracted from the concentrate fairly easily. Silver is also commonly found Average proceeds (per closing) $8.4m
along-side the base metals zinc and lead. A key component of many feasibility
studies are potential secondary streams of income from silver tailings.
SILVER - London Fix - Jan 01, 2009 to Dec 28, 2009
Buying the silver rights to these types of poly-metallic plays has been the route 22.00
Silver Wheaton Corp (SLW.TO) has taken in becoming one of the largest silver 20.00
producers trading on the TSX. In 2009, through their rights, SLW brought over 18.00
16m ounces to market. Canadian gold miner Kinross Gold Corp (K.TO) sold 16.00
nearly 14m ounces of silver from their gold projects in 2009. Primary silver 14.00
miner Couer d’Alene Mines Corp (CDM.TO) produced 17.7m ounces last year. 12.00
10.00
Yearly values are not available yet for 2009, but in 2008 680.9m ounces of 8.00
silver were mined while 888.4m ounces (or 28,564 tonnes) were available for
01Jan09
01Feb09
04Mar09
04Apr09
05May09
05Jun09
06Jul09
06Aug09
06Sept09
07Oct09
07Nov09
08Dec09
28Dec09
sale, realizing an average price of $14.99(USD) per ounce.
3. The Silver Report
March 2010
Canadian capital markets raised nearly $1.35b for primary silver production in 2009. Over $363m of that sum was for reworking or repaying debts;
$469m was earmarked for exploration and development programs; $493m went towards acquisitions (either of land or secondary production
streams); the remaining $21m went towards general working capital.
Of the ten major producing countries in the world, six are in the Americas, the two largest being Peru and Mexico. Of the $1.35b of financings,
$658m were spent on projects in Peru, and $329m were spent in Mexico. Fully 73% of silver financing activities in Canada were raised for these
two countries (these figures are representative of primary silver projects or silver stream acquisition.) Some other major producing countries
include China, Australia, Chile, and Poland.
Silver in the Next Decade
Special Contribution by David Morgan
As some of you know, I have finished a new mandate almost anything these days, so in California, for just one
seminar recently that I have only presented example, silver, lead, zinc, etc., are demanded to be captured for
one time. This presentation focused on what is environmental reasons and at a far greater cost than breakeven.
expected in the silver market for the next Please under stand that this is not a judgment call on our part but only
decade. Frankly, when beginning this study I a clarification of the fact that some silver is recycled—that is done, but
was not really certain what conclusions could not on an economic basis.
be determined about the future of the silver
market. The main thinking was that the Further, gold is used in many of the printed circuit (pc) boards and is
investment demand for silver would drive the economic if enough pc boards are processed. Since silver is almost
price far higher than present and this is in fact always on the same pc then obviously the silver is captured as well.
the case as we go through this report. But it was also determined that So to be conservative, the idea is that although the consumer
silver’s unique properties will be in higher and higher industrial demand electronics portion of demand will increase, so will the amount of
over the next decade as well. recycled silver. And for the purposes of this analysis, we will consider
the growth to recycle rate to remain in balance over the next ten years.
Before going into detail, it must be stated that anytime a long-term You do not have to agree with this assessment—just be aware of it.
projection of anything is presented there are bound to be errors. Things
change, life is dynamic, there may be new uses for silver in five years If we examine the past decade we will find some interesting facts
that no one is even aware of today. Secondly, there may be a substitute about the silver market, and for this report to carry the most meaning,
for silver discovered that might impact overall demand. However, as it is important to review some of the most important points about the
you study this month’s issue keep in mind the facts as they are silver market from roughly 2000 to 2010.
presented, and think through the ideas and projections to make your
own conclusions. The first fact is that the industrial demand was roughly 35% of the total
market but by 2010 the industrial component was 54% of the total
In an effort to not show my bias toward the bullish case for silver, there market, according to the Silver Institute.
are areas that are presented with little mention of increasing demand.
For example, the consumer electronic area is one that we assume is The silver market was in a deficit situation from about 1990 and
static in this report. Certainly, if the economy improves or perhaps if it carried through until 2007 or so, when, according to both the Silver
does not, a good case can be made that more electronic appliances will Institute and CPM Group, the total amount of mining had brought
be in use on a worldwide basis over the next decade. silver annual demand and annual supply into balance. Up until that
time period, the aboveground silver supply was disappearing rapidly
However, this study assumed little to no growth for two reasons. One: it at a rate of roughly 100 million ounces per year. From 1990 to 2007,
is a more conservative approach, meaning that the forecast for silver according to the best recognized studies on the silver market, about
demand will probably be better than projected. And two: the amount of 1.5 billion ounces of silver were eaten out of stockpiles.
recycled silver from electronics is increasing due to the amount of
printed circuit boards that are recycled. There is much more to the report... but the brief clip above may have
given you some insights into the silver market that you had not
Something I have presented on many occasions is that silver is consider previously.
“uneconomic” to retrieve in many electronic applications, and this is the
truth. However, governments do not have to run at a profit and can You can get this report for free if you attend one of Davids seminars..
4. Sponsored By:
BusinessWire
Delivering your press release through Business Wire means you'll reach all your targets: print and
broadcast newsrooms, individual reporters and editors, consumers, financial and news portals,
websites, news syndicators, bloggers, social media networks and more. And, our local newsrooms
have the expertise to help guide you and your news to achieve your goals.
Ken Bouton Phone: 888.292.4446 Email: ken.bouton@businesswire.com
Silver miners
Silverminers.com is the first and last word on the precious metals mining industry. Established in 2003,
it is edited by award-winning journalist David Bond, who has covered the gold- and silver-fields for
nearly four decades. Silverminers.com is the mining investor's portal.
David Bond Phone: 208.556.1621 Email: info@silverminers.com
El Tigre Silver Corp.
El Tigre Silver Corporation (TSX.v - ELS) is a publicly traded company, which is committed to
becoming a leader in mineral exploration and development. The company has its head office in
Vancouver, BC and a mine site office Hermosillo, Mexico.
John Ross Phone: 604.728.7145 Email: jross@eltigresilvercorp.com
SilverCrest Mines Inc.
SilverCrest Mines Inc. is a “Precious Metals Focused” exploration and development company with a
portfolio of gold and& silver deposits and high grade exploration properties located in Mexico and El
Salvador. This property portfolio, which includes reported, probable reserves as well as indicated and
inferred gold and silver resources and substantial exploration potential, provides an important base
from which SilverCrest can develop its corporate objective of becoming a significant precious metals
asset based company. The Company’s immediate initiative is to complete construction on the Santa
Elena Project in Mexico and commence full production of the open pit, heap leach Gold & Silver mine
before the end of 2010. Longer term goal is to acquire and develop substantial mineral resources and
ultimately to operate multiple low cost, high grade precious metals mines.
Fred Cooper Phone: 866.691.1730 Email: fred@silvercrestmines.com
Produced and distributed by
www.canadianfinancing.com
For more information about the Canadian Financing Bulletin contact us at 1-800-504-3588 or cfb@blendermedia.com