Category

Investing

Category

Top silver miners around the world delivered a slate of strong second quarter earnings reports as a mixture of higher metals prices and production gains boosted results across the sector. The silver price has broken decisively above the US$35 per ounce level, rising to levels not seen in over a decade. Its run has been fueled by a structural supply deficit and robust industrial demand. Analysts also note that silver is finally beginning to catch up with gold — the gold-silver ratio has narrowed from April’s peak of 105 to around 94, signaling the white metal’s relative strength. Read on for details on Q2 earnings from major silver producers. Pan American delivers record net earnings Pan American Silver (TSX:PAAS,NYSE:PAAS) posted record net earnings of US$189.6 million, or US$0.52 per share, for the second quarter, supported by record mine operating earnings of US$273.3 million. Revenue came in at US$811.9 million, while…

Investor Insight Prismo Metals presents a compelling investment opportunity with its strategic focus on high-grade precious and base metal…