Month: April 2011

Goldcorp Reaches New 52-Week High (GG)

NEW YORK (TheStreet) — Goldcorp (NYSE:GG) hit a new 52-week high Wednesday as it is currently trading at $55.42, above its previous 52-week high of $54.72 with 1.1 million shares traded as of 10:02 a.m. ET. Average volume has been 7.1 million shares over the past 30 days.

Gold Resource Stock Hits New 52-Week High (GORO)

NEW YORK (TheStreet) — Gold Resource (AMEX:GORO) hit a new 52-week high Wednesday as it is currently trading at $30.02, above its previous 52-week high of $29.90 with 133,129 shares traded as of 9:47 a.m. ET. Average volume has been 258,700 shares over the past 30 days.

Minefinders Reaches New 52-Week High (MFN)

NEW YORK (TheStreet) — Minefinders (AMEX:MFN) hit a new 52-week high Wednesday as it is currently trading at $16.11, above its previous 52-week high of $15.91 with 35,696 shares traded as of 9:31 a.m. ET. Average volume has been 770,500 shares over the past 30 days.

Grupo Mexico 1Q Net Profit Up 47% On Year To $531.7 Million

MEXICO CITY (Dow Jones)–Mexican mining and railroad company Grupo Mexico SAB (GMEXICO.MX) said Tuesday that its first-quarter net profit rose 47% as greater copper production and higher metals prices increased sales. Grupo Mexico reported net profit of $531.7 million, up from $361.9 million in the first quarter of 2010.

Aurcana Corp. Joins OTCQX

NEW YORK, April 19, 2011 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Aurcana Corp. (TSX.V: AUN; OTCQX: AUNFF), a company engaged in the production of copper, silver and zinc and the exploration of natural resource properties in Mexico and the U.S., is now trading on the OTC market’s highest tier, OTCQX®.

Argonaut Gold Announces Q1 Gold Production of 18,005 0unces

Argonaut Gold Inc. (“Argonaut” or the “Company”) (TSX:AR), announced today that the Company produced 18,005 ounces of gold during the 1st quarter (ending March 31, 2011) at its 100% owned El Castillo Mine (“El Castillo”), located 100 km north of the city of Durango, Mexico. Expansion on the East Side of the property and the current core drilling program continue as expected at the property.

Metalline Appoints Chief Geologist

Vancouver, British Columbia — Metalline Mining Company (TSX: MMZ, AMEX: MMG) (“Metalline”) is pleased to announce that we have appointed Jason Cunliffe, M.Sc. Geology to Chief Geologist at Sierra Mojada, Mexico.

Fortuna Announces Changes in the Board of Directors

April 19, 2011: Fortuna Silver Mines Inc. (TSX: FVI / Lima Stock Exchange: FVI) – Mr. Simon Ridgway, Chairman of the Board, is pleased to announce the appointment of Mr. Thomas Kelly to the Board of Directors of Fortuna.

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.