Month: November 2013

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

Pan American Silver Corp.’s Board of Directors has approved the fourth 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 4.9% based on the Company’s closing share price on NASDAQ on November 13, 2013.

Kimber and Invecture Announce Expiry of Offer and Take Up of Deposited Common Shares

Reference is made to the offer dated October 10, 2013 by Invecture Group, S.A. de C.V. to purchase all of the issued and outstanding common shares of Kimber Resources Inc. other than any Common Shares owned directly or indirectly by the Offeror and its affiliates, for Cdn$0.15 in cash per Common Share. As previously announced, the expiry time for the Offer was 5:00 p.m. (Toronto time) today.

Kimber Announces First Quarter Financial Results

Kimber Resources Inc. has announced its financial results for the three months ended September 30, 2013. Kimber’s condensed consolidated interim financial statements and management’s discussion & analysis for the three months ended September 30, 2013 are now available on SEDAR at www.sedar.com.

Aura improves ops, but seeks more funds

Aura Minerals’ move to cut costs across its mines has contributed to promising third-quarter results, but the company still has operating and financing hurdles to clear before it can receive better market recognition, says CIBC analyst Tom Meyer.

Argonaut Gold Announces New Chief Financial Officer

Argonaut Gold Inc. is pleased to announce the appointment of Mr. David Ponczoch as its Chief Financial Officer. Mr. Ponczoch joins Argonaut Gold following his service as Chief Financial Officer at Twin Metals Minnesota, a joint venture between Antofagasta PLC and Duluth Metals.

Silver Bull Files Preliminary Economic Assessment Technical Report on SEDAR for the Sierra Mojada Project, Coahuila, Mexico

Silver Bull Resources, Inc. is pleased to announce, further to its news release dated October 1, 2013, it has filed its Preliminary Economic Assessment Technical Report titled “Preliminary Economic Assessment NI43-101 Technical Report, Sierra Mojada Silver-Zinc Project, Coahuila, Mexico” on SEDAR at www.sedar.com. The PEA was prepared by JDS Energy and Mining Inc. (“JDS”) of Vancouver, British Columbia on Silver Bull’s 100% owned Sierra Mojada Project. All amounts are presented in United States dollars.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

All News

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.