Month: June 2013

Gold Resource Corporation Declares June Monthly Dividend

Gold Resource Corporation declares its monthly instituted dividend of $0.03 per common share for June 2013 payable on July 23, 2013 to shareholders of record as of July 11, 2013. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.

QRS Capital Corp. Announces Results of Annual and Special Meeting of Shareholders

–election of Diego Benalcazar, Paul Roberts, James Rogers and John Seaman
to the board of directors of the Company;
–appointment of Grant Thornton LLP as auditors of the Company for the
ensuing year and authorization of the directors to fix their
–approval of the Company’s stock option plan;
–amendment of By-Law No. 1 of the Company relating to the advance notice
–changing the name of the Company to “Sendero Mining Corp.” (the “Name
Change”); and
–consolidating the issued and outstanding common shares of the Company
into 20,000,0000 common shares (the “Consolidation”).

AuRico Gold Appoints Non-Executive Chairman

AuRico Gold Inc. today announced the appointment of Mr. Alan Edwards as non-executive Chairman of the Board effective July 1, 2013. Mr. Edwards was appointed as an independent director on May 13, 2010 and has served as Chair of the Sustainability Committee.

Capstone Mining Reports 2012 Year End Financial Results

Capstone Mining Corp. today announced its financial results for the year ended December 31, 2012. Net earnings for the year were $59.6 million and operating cash flow before changes in working capital was $114.4 million. Net earnings for the fourth quarter were $18.5 million and operating cash flow before changes in working capital was $24.7 million. Capstone ended the year with cash on hand of $499.9 million, a $200 million credit facility and no long-term debt. Copper production for the year at Capstone’s two operating mines, Cozamin and Minto, totalled 82.8 million pounds in concentrates (79.6 million pounds of payable copper) at a total cash cost of $1.50 per payable pound of copper produced.

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.

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