Day: May 8, 2014

Pan American Silver’s Board approves second dividend of 2014 in the amount of $0.125 per share

Pan American Silver Corp.’s Board of Directors has approved the second quarterly cash dividend of 2014 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 4.0% based on the Company’s closing share price on NASDAQ on May 8, 2014.

Primero Reports First Quarter 2014 Results; San Dimas Expansion Completed and Black Fox Added to Portfolio

Primero Mining Corp. today reported operational and financial results for the first quarter ended March 31, 2014. During the first quarter the Company completed the acquisition of Brigus Gold Corp., reported strong production of 39,758 gold equivalent ounces1 compared to 27,656 gold equivalent ounces in the same period of 2013 and an adjusted net loss2 of $2.9 million ($0.02 per share).

Tonogold To Acquire 100% Of Iron Ore Project, Mexico

Tonogold Resources Inc. is pleased to announce it has agreed terms with the owners of Mil-ler Resources and Energy SA de CV, owner of the Nevmex producing iron ore project located near Hermosillo, Sonora in Mexico, to merge the companies in a non-cash transaction as an alternative to the previous arrangements.

Alta Vista Completes Share Consolidation

Alta Vista Ventures Ltd. is pleased to announce that the TSX Venture Exchange has approved the consolidation of its issued and outstanding share capital such that every two existing shares will be consolidated into one new share effective May 9, 2014. There will be no change in the Company’s name. The share consolidation received TSX Venture Exchange acceptance on May 8, 2014.

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.