Day: August 14, 2013

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

Pan American Silver Corp.’s Board of Directors has approved the third 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 cash dividend paid by Pan American would be $0.50 per common share, which represents a yield of approximately 3.6% based on the Company’s closing share price on August 14, 2013.

Silver Wheaton declares third quarterly dividend payment for 2013

Silver Wheaton Corp. is pleased to announce that its Board of Directors has declared its third quarterly cash dividend payment for 2013 of US$0.10 per common share. The quarterly dividend will be paid to holders of record of its common shares as of the close of business on August 30, 2013, and will be distributed on or about September 12, 2013.

Bacanora Completes First Phase Drill Program on Joint Venture Lands and Provides Updated Drill Results (Holes ES-02 to ES-04)

Bacanora Minerals Ltd. is pleased to announce the completion of the 10 hole, 1,476 metre drill program on the Fleur and El Sauz concessions in northern Mexico. The two concessions form the lands under joint venture with Rare Earth Minerals PLC. In addition, the Company is pleased to announce further significant lithium-bearing intervals from the analytical results of core samples taken from diamond drill holes ES-02, ES-03 and ES-04, as well as the clay intercepts in the remaining holes.

Baja Mining Provides Update on Boleo Technical Report

Baja Mining Corp. has been advised by SRK Consulting Inc. that it is unable to provide the Company with a draft of the updated NI 43-101 technical report on the Boleo Project as previously anticipated due to the ongoing discussions between the mining department of Minera y Metalurgica del Boleo, S.A.P.I. de C.V., its geotechnical and mining consultants, and those of MMB’s senior lenders regarding certain key aspects of the Boleo mine plan on which consensus remains to be established. These parties continue to evaluate methods to optimize the underground mining, and determine the level of production from underground compared to open pit, the outcome of which may influence mining costs and project economics.

Scorpio Mining Reports Financial Results for its Second Quarter 2013

Scorpio Mining Corporation reports its financial and operating results for the second quarter ended June 30, 2013. This press release should be read in conjunction with the Company’s unaudited Financial Statements and Management’s Discussion and Analysis for the second quarter ended June 30, 2013, available on the Company’s website at www.scorpiomining.com and on SEDAR at www.sedar.com. All monetary figures are expressed in Canadian dollars unless otherwise specified.

Santacruz Amends Terms of San Felipe Agreement

Santacruz Silver Mining Ltd. is pleased to announce that its subsidiary, Impulsora Minera Santacruz S.A. de C.V. has successfully renegotiated terms to acquire a 100% interest in the San Felipe project and adjacent El Gachi property located near Hermosillo, Sonora, Mexico with Minera Hochschild Mexico S.A. de C.V.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.