Day: October 10, 2013

Coeur Reports Third Quarter Production Results and Reaffirms Full-Year Production Guidance

Coeur Mining, Inc. announced it produced 4.2 million ounces of silver and 63,763 ounces of gold during the third quarter of 2013. These production levels represent a decrease of 10% for silver and an increase of 5% for gold compared to the second quarter. Production at both Palmarejo and San Bartolomé were consistent with the second quarter. Kensington’s gold production increased 25% over the second quarter of 2013 due to an increase in tons milled and higher gold grades. Rochester’s production during the quarter was negatively impacted by the completion of several expansion-related projects, which are expected to lead to significantly higher production levels in the fourth quarter and next year.

Gold Resource Corporation Announces Resignation of CFO Mr. Brad Blacketor and Promotion of Mr. Joe Rodriguez to CFO

Gold Resource Corporation today announced that Mr. Brad Blacketor, Chief Financial Officer, has resigned his position due to personal reasons. The Board of Directors has appointed Mr. Joe Rodriguez, Corporate Controller, as the Company’s new CFO. Mr. Blacketor has agreed to remain with the Company to assist in the CFO transition and to ensure the third quarter financials are filed in a timely manner.

Braeval Mining Corporation Receives Drill Permits for Guaynopa

Braeval Mining Corp. has received all necessary permits to commence diamond drilling on its Guaynopa project located in Chihuahua state, Mexico. The company also provides below an update on planned work on the recently acquired El Petate property located in Hidalgo state, Mexico, and for its Acropunco property located in Huancavelica, Peru.

Kimber and Invecture Announce Take-Over Bid Circular and Directors’ Circular Recommending the Offer Mailed

Kimber Resources Inc. and Invecture Group, S.A. de C.V. jointly announced today, further to their press release of September 25, 2013, that the Offeror has mailed its formal all cash take-over bid offer to purchase all of the issued and outstanding common shares of Kimber (other than Common Shares owned by the Offeror and its affiliates) for Cdn$0.15 in cash for each Common Share. Kimber’s Directors’ Circular recommending that Kimber shareholders accept the Offer was mailed concurrently.

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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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.