Coeur Mining, Inc. reported second quarter 2014 revenue of $164.6 million, adjusted net loss1 of $31.6 million, and cash flow from operating activities of $30.5 million, the highest level in a year. The Company realized average metal prices of $19.60 per silver ounce and $1,277 per gold ounce during the quarter, which were 3% lower and roughly flat, respectively, compared to the first quarter of 2014.
GREAT PANTHER SILVER LIMITED today reported financial results for the Company’s three and six months ended June 30, 2014. The full version of the Company’s unaudited condensed interim consolidated financial statements, and Management’s Discussion and Analysis can be viewed on the Company’s website at www.greatpanther.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise indicated.
Los productores medianos y pequeños están aprovechando activos descartados por competidores más grandes que reducen sus carteras para concentrarse en sus operaciones más rentables.
Soltoro Ltd. has been advised by Gold Reserve Inc. that it will not continue with its option to earn-in to Soltoro’s La Tortuga project. Gold Reserve cited poor market conditions and a need to preserve capital as the main reasons for terminating the option. Gold Reserve was awaiting a drill permit in order to carry out a preliminary drill program.
Amarium Technologies, Inc., through it’s wholly owned subsidiary Amarium Minerals Inc., reports the commencement of the ore extraction program at the recently acquired El Desvan Cobre mine. El Desvan is located in the Mexican state of Michoacan, within close proximity to both the Company’s producing copper mines, San Pedro and La Jovita.
SOURCE EXPLORATION CORP. is pleased to announce that Phase 2 drilling at the Santa Cruz target of its Las Minas gold project located in Veracruz State, Mexico has intersected long near surface intervals of high-grade gold, silver and copper mineralization, including 3.57 g/t Au Eq(1) over 99.0 metres in diamond drill hole LM-14-SC-08. A higher grade interval assaying 24.11 g/t Au Eq over 9.0 metres is contained within the wider intersection.
Red Tiger Mining Inc., announces that it has received and accepted the resignation of Mr. Sergei Tchetvertynkh from the Board of Directors. Mr. Tchetvertynkh’s resignation is effective immediately.
Evrim Resources Corp. is pleased to announce key changes to the Company’s executive team and the appointment of Mr. Howard Davies as Chief Operating Officer and Vice President of Exploration. Mr. Davies will take a lead role in driving Evrim’s exploration strategy and supporting business development activities.
BIG NORTH GRAPHITE CORP. is pleased to announce that two arm’s length parties have acquired an aggregate of 4,174,246 common shares in the capital of the Company pursuant to the conversion of the principal and accrued interest of unsecured convertible notes issued in January, 2014.
Further to its news releases of May 14, 2014, and June 19, 2014, Garibaldi Resources Corp. is pleased to report that several additional diamond drill holes have confirmed the discovery of a shallow, high-grade mineralized system with apparent open-pit potential at the Company’s Silver Eagle target (Rodadero North Project) in central Sonora State, Mexico. A second stage of drilling is starting immediately with SE-14-07 and will continue through the Mexican rainy season.
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