Month: February 2011

Agnico-Eagle Mines Stock To Go Ex-dividend Tomorrow (AEM)

NEW YORK (TheStreet) — The ex-dividend date for Agnico-Eagle Mines (NYSE:AEM) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $71.94 as of 9:31 a.m. ET, the dividend yield is 0.9%.

US Gold Announces the Closing of Public Offering of Common Stock and Underwriters Exercise Over-Allotment Option

US GOLD CORPORATION an exploration company focused on gold and silver in the United States and Mexico, announced today the closing of its previously announced underwritten offering in the United States and Canada. The company sold 17,250,000 shares of common stock, including 2,250,000 shares pursuant to the underwriters’ full exercise of their over-allotment option at $6.50 per share for aggregate gross proceeds of $112.12 million, or net proceeds of $105.3 million after commissions and expenses.

High Desert Gold Corporation Joins the OTCQX in the U.S.

High Desert Gold Corporation is pleased to announce that the Company’s common shares have commenced trading on the OTCQX, the top tier of the broker-dealer quotation services operated by OTC Markets Inc., using the ticker symbol, HDGCF. HDG’s common shares continue to trade on the TSX.V under the symbol, HDG.

Dia Bras Reports Fourth Quarter and Full Year 2010 Volumes

Dia Bras Exploration Inc. (TSX VENTURE:DIB) reports results from its Bolivar pilot-mining and Cusi advanced development programs in Chihuahua, Mexico, for the fourth quarter ending December 31, 2010 and cumulative results for the full year.

Primero Reports Fourth Quarter and Full Year 2010 Results; Fourth Quarter Operations Generate a Profit

Primero Mining Corp. (“Primero” or the “Company”) today reported financial and operational results for the fourth quarter and year ended December 31, 2010. The Company produced a total of 37,400 gold equivalent ounces(1) at a total cash cost(2) of $642 per gold equivalent ounce, or $525 per gold ounce on a by-product basis, for the period August 6 to December 31, 2010. This generated the Company’s first revenues, totaling $60.3 million in 2010 and transformed Primero from an exploration company to a gold producer.

Yamana Gold Q4 Profit Soars On Higher Gold Prices; Backs 2011 Production Outlook

Canadian gold mining company Yamana Gold, Inc. reported Wednesday that profit for the fourth quarter soared from last year, reflecting higher gold prices, lower unrealized foreign exchange losses as well as stock-based and other compensations. Excluding items, adjusted earnings per share surged and came in above analysts’ expectations by a penny. The company reaffirmed its production outlook for the full-year 2011.

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