Day: November 8, 2012

Scorpio Mining Corporation reported operating and financial results for its third quarter ended September 30, 2012. The Company produced a total 534,075 silver equivalent ounces in Q3 2012 compared to production of 606,786 during Q2 2012. Net earnings for Q3 2012 were $1.1 million or $0.01 per share compared to net earnings of $0.6 million or $0.00 per share in Q2 2012.

Rampant debt, credit deflation and impotent monetary policies are fueling a bull market for gold and gold equities according to Jay Taylor, editor and publisher of J. Taylor’s Gold, Energy & Tech Stocks. His Progress A1 companies were up a combined 22% as of Oct. 17. Taylor shares those names and some lesser-known stories in this Gold Report interview.

New Gold Inc. today announces that it intends to offer a $500 million aggregate principal amount of Senior Notes due 2022. The interest rate and other terms of the Notes will be determined based on prevailing market conditions. New Gold intends to use the net proceeds of the Notes for general corporate purposes.

Pan American Silver Corp. produced 6.3 million ounces of silver and 28,162 ounces of gold during the third quarter of 2012, an increase of 13% and 36%, respectively, as compared to the same quarter of 2011. Lower realized precious metal prices and rising costs, however, saw adjusted earnings dip to $37.6 million, or $0.25 per share.

Primero Mining Corp. today reported financial results for the third quarter ended September 30, 2012. The Company reported net earnings of $11.6 million ($0.12 per share) and operating cash flows2 of $16.2 million ($0.17 per share).

Vista Gold Corp. today announced its financial results and highlights for the third quarter ended September 30, 2012.

QRS Capital Corp. provides a corporate update to shareholders.

Fortuna Silver Mines, Inc. is pleased to announce that it has filed its financial statements and MD&A for the three and nine months ended September 30, 2012.

Timmins Gold Corp. is pleased to report its third quarter of 2012 financial results for the period ended September 30, 2012. For comparative purposes, Q3 2011 below refers to the three months ended September 30, 2011. All results are presented in United States dollars unless otherwise stated. Readers should refer to the Q3 2012 management discussion and analysis and condensed interim consolidated financial statements for complete information.

War Eagle Mining Company Inc. has re-appointed Don Padgett as a director and appointed Paul Carroll to the Company’s board of directors as Chairman, effective November 7, 2012. The Company has also appointed an experienced mining executive, Tom Atkins, as chief executive officer.