Month: May 2013

Mineralization Extended Over 600 M From The Alta Ley And El Gallo Areas Of Sierra Metals¡¯ Bolivar Mine, Chihuahua Mexico

Sierra Metals Inc. (previously Dia Bras Exploration) is pleased to announce that drilling has encountered wide zones of mineralization in both the Upper and Lower Skarn horizons located 600 m northwest of the major ore-hosting zones of the Bolivar (Alta Ley) Mine. In addition, step-out drilling from the El Gallo deposit has extended that mineralized zone 600 m to the northeast with high grades of zinc in the Upper Skarn horizon.

Pan American Silver’s Board approves second dividend of 2013 in the amount of $0.125 per share

Pan American Silver Corp. announced that its Board of Directors has approved the second quarterly cash dividend of 2013 in the amount of $0.125 per common share. Should the Company’s Board of Directors continue to approve future quarterly dividends in the same amount, the annual dividend paid by Pan American would be $0.50 per common share, which represents a yield of approximately 3.9% based on the Company’s closing share price on May 13, 2013.

Grupo México invierte 620 mdd durante el 1T13

Grupo México invirtió 620 millones de dólares durante el primer trimestre del 2013 en sus divisiones minera, transporte e infraestructura, lo que representó el 108 por ciento de su utilidad neta consolidada en este período y una cifra récord para un trimestre.

Avino April Production Report

Avino Silver & Gold Mines Ltd. is pleased to announce the following April 2013 production results from its San Gonzalo mine and Historic Avino Mine Surface stockpiles operations located on the Avino property near Durango, Mexico.

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