Day: January 27, 2011

Paramount Resources Ltd. Announces the Offering of an Additional $70 Million of Its 8.25% Notes Due 2017 – DigitalJournal.com (press release)

Paramount Resources Ltd. (TSX:POU) has agreed to sell an additional $70 million of its 8.25% senior unsecured notes due 2017 (the “Notes”) at a premium price of $1,030 per $1,000 principal amount to a syndicate of underwriters for public offering in Canada. The offering of additional Notes is expected to close on or about February 4, 2011. Proceeds from the offering will be used for capital expenditures and general corporate purposes.

Read more: http://www.digitaljournal.com/pr/210143#ixzz1CNbonCJs

Southern Copper Corporation Declares Dividend

January 27, 2011 – Southern Copper Corporation (NYSE and LSE: SCCO) (SCC)
announced today a quarterly dividend of 58.0 cents per share, payable on March 1,2011, to shareholders of record at the close of business on February 15, 2011.

Pan American Silver Announces Release Date for 2010 Unaudited Fourth Quarter Results – Marketwire (press release)

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 27, 2011) – Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) today announced that its unaudited 2010 fourth quarter results will be released on Tuesday, February 15, 2011 after market closes. A conference call and live audio webcast to discuss the results will be held on Wednesday, February 16th at 11:00 am ET (8:00 am PT).

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.