Resource News Investing News

Market News

Shutdowns Hurt Silver Standard’s Profits

Resource Investing News

Reuters reported that Silver Standard Resources (NASDAQ:SSRI) reported lower profits following mine shutdowns in fourth quarter.

Reuters reported that Silver Standard Resources (NASDAQ:SSRI) reported lower profits following mine shutdowns in fourth quarter.

As quoted in the market news:

The Pirquitas mill was shut down in July and then again in September due to a gearbox failure, which prompted the Canadian miner to cut its 2011 silver production outlook to 7.3-7.6 million ounces in October last year.

Click here to read the full Reuters report.

nasdaq:ssriMarket News
Featured

MARKETS

Markets
TSX19699.05-138.20
TSXV667.25-33.65
DOW31730.30-103.81
S&P 5003930.08-5.10
NASD11370.96+6.73
ASX6941.00-123.70

COMMODITIES

Commodities
Gold1822.17+1.70
Silver20.79-0.01
Copper4.09-0.01
Palladium1911.50-21.50
Platinum955.50+8.50
Oil106.68+0.55
Heating Oil3.76+0.02
Natural Gas7.82+0.08

DOWNLOAD FREE REPORTS

Browse more resource reports ≫
Browse more technology reports ≫
Browse more life science reports ≫

BROWSE COMPANIES BY SECTOR

Ă—