Month: July 2014

Xtierra Reports Second Quarter Results

Xtierra Inc. announces that it has now published and filed its unaudited interim financial report for the three and six month periods ended June 30, 2014 together with its Management’s Discussion and Analysis for the same period. These documents are available on the Company’s website at www.xtierra.ca and on SEDAR under the Company’s profile at www.sedar.com.

Osisko Gold Royalties Reports Second Quarter Results

Osisko Gold Royalties reported today the second quarter net earnings of $1,645,276,000 ($36.69 per share), including a gain of $1,647,526,000 ($36.74 per share) from discontinued operations. For the year-to-date, the Company generated net earnings of $1,669,517,000 ($37.60 per share), including net earnings from discontinued operations of $1,675,263,000 ($37.73 per share).

El Tigre Silver Announces No Material Change

El Tigre Silver Corp. announces that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

Phase I Surface Work Program to Commence on Cangold’s Guadalupe de los Reyes Gold-Silver Project

CANGOLD LIMITED reports that it will commence immediately with a Phase I surface work program on the Guadalupe de los Reyes Gold-Silver Project in Sinaloa State, Mexico. A crew will be mobilized to the project within the next week and will focus on detailed geological mapping, trenching, and rock sampling in order to further define the numerous mineralized structures on the property.

DynaResource, Inc. Reports Gold Production at San Jose de Gracia

DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gracia Property in northern Sinaloa, México, is reporting the delivery for sale of approximately 200 Oz. gold contained in gravity concentrates (exact weights in gold and silver oz. to be determined at final settlement).

Hecla Reports Second Quarter 2014 Results

Hecla Mining Company today announced a second quarter net loss applicable to common shareholders of $14.5 million, or $0.04 per share, and a loss after adjustments applicable to common shareholders of $0.8 million, or $0.00 per share.1 Second quarter silver production was 2.5 million ounces at a cash cost, after by-product credits, per silver ounce of $5.34.2

New Gold Announces 2014 Second Quarter Results

New Gold Inc.today announces its second quarter 2014 operational and financial results. The company produced 89,460 ounces of gold at all-in sustaining costs of $745 per ounce, which led to $59 million, or $0.12 per share, in net cash generated from operations.

Goldcorp Announces Strong Second Quarter Financial Results

GOLDCORP INC. today reported adjusted quarterly revenues1 of $1.1 billion, generating adjusted net earnings1,2 of $164 million, or $0.20 per share, compared to $117 million, or $0.14 per share, in the second quarter of 2013. Reported net earnings attributable to shareholders of Goldcorp were $181 million, or $0.22 per share, compared to $(1,934) million, or $(2.38) per share, in the second quarter of 2013.

Alamos Reports Second Quarter 2014 Results

“We produced 33,000 ounces in the second quarter of 2014 at total cash costs of $663 per ounce, again below our full year cost guidance and providing strong operating cash flow, before changes in non-cash working capital of $13.2 million,” said John A. McCluskey , President and Chief Executive Officer.

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.

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