Day: April 21, 2014

Goldcorp will not amend its offer for Osisko

GOLDCORP INC. today announced that it will not amend its offer to acquire all of the outstanding common shares of Osisko Mining Corporation. The offer will expire at 11:59 pm on April 22, 2014.

Gold Resource Corporation Reports Preliminary 2014 First Quarter Production

Gold Resource Corporation reports preliminary production results for the first quarter ended March 31, 2014 of approximately 23,700 precious metal gold equivalent ounces. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $95 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

McEwen Mining Inc Q1 Results Announced

McEwen Mining Inc announced its production results for the Q1 2014. Its total production for the Q1 was 32,146 gold-eq oz and was made up of 20,062 gold oz & 725,025 of silver oz. This represents the approximate rise of 14 percent in comparison to the Q1, 2013. The full-year guidance continues to be unchanged for this year and stands at 135,000-140,000 gold-eq. oz. The production costs are slated to be reported in 2014 May along with the financials for Q1. The company’s attributable production from its San José mine in Q1 2014 was 22,781 gold-eq. oz (10,767 gold oz & 720,830 silver oz).

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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.