The company said this was due to lower production rates at the Palmarejo mine, lower average realized silver and gold prices and fewer ounces of silver and gold sold.
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Gold and silver traders and investors were digesting news Wednesday that the U.S. Commodity Futures Trading Commission is looking into whether major banks are manipulating London gold and silver market prices via the London gold and silver morning and afternoon fixes.
You can easily buy gold and silver through a vehicle that is backed by actual gold and silver rather than derivatives, swaps, and other esoteric paper promises.
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This must indicate the regulators want to wipe out the traders in leveraged gold and silver futures to get speculation and volatility out of the gold and silver markets.
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The EU debt crisis remains a bullish underlying fundamental for the gold and silver markets, due to the safe-haven asset status that gold and silver hold.
In recent days, analysts said silver lagged gold, hurt by worries that a slowing economy would mean less industrial use of silver, which accounts for more than half of overall demand.
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Importantly, the gold and silver futures markets were ripe for corrective, technical and profit-taking pullbacks following recent strong gains that had sent gold and silver prices to multi-month highs earlier this week.
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The late 1800s saw scores of men arriving here to prospect for silver and gold.
Massive ore deposits of copper, lead, zinc, silver, gold and other metals formed in this way.
The primary metal for FCX is copper, but it is a producer of silver and gold.
They exchanged those goods for silver and gold which they obtained from North and South America.
Commodities speculators reducing positions because they have been put under pressure from declining silver and gold prices.
The dollar surged and as such further pulled the rug from beneath the silver and gold markets.
There are five different categories of coverage, they are: Powertrain coverage, Silver, Gold, Gold Plus and Platinum.
Former Olympic champion Chris Boardman watched Martyn's silver and gold medal rides in Minsk in Belarus on Thursday.
No wonder some investors are now referring to silver as gold on steroids.
Mining is big business in Peru, which is a major world producer of copper, silver, gold and other minerals.
The mine also contains silver, gold and molybdenum (used in steel alloys)--a common combination found in the Peruvian Andes.
On the coin front, they report that there seems to be more interest in silver than gold at the moment.
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Gifts to him included a silver and gold dagger with a belt and case, all the way from Saudi Arabia.
For the athletes, one-hundredth of a second can mean the difference between silver and gold, between obscurity and million-dollar contracts.
Similar aggressive selling was seen in silver and gold ETF GDX as well as miner majors Barrick Gold and Newmont Mining.
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During peacetime, commodity standards (silver or gold) worked through market forces to achieve price stability, and thus safeguarded the purchasing power of money.
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The gold futures and widely held gold and silver ETFs made new highs for the year this week as silver continues to lead gold higher.
Topped with a crown made entirely from sugar, the cake reflects the Silver, Gold and Diamond Jubilees, the Royal Navy, the Army and Royal Air Force.
Saunders suggests Green Seal, a US-based non-profit that evaluates hotels, among other products, for a fee, and grants a bronze, silver or gold certification based on general sustainability.
Hellas Gold holds mining licenses for an area covering 317 square kilometers (122 square miles) with proven and probable reserves of lead, zinc, silver, gold and copper.
He measures and analyzes motions like swim strokes or volleyball spikes in fine detail, looking for that one adjustment that can mean the difference between silver and gold.
Tully said the recent gains in silver have helped the gold:silver ratio to budge under the 51 area, to 50.41 as of Thursday, the lowest since early November.
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