Year: 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.

Minera Autlán tiene panorama alentador para este año

Las expectativas para Minera Autlán en este año son alentadoras partiendo de que los motores de crecimiento provendrán de la incorporación de los resultados de la compañía Energética Mexicana (CEM), la cual desarrolló y opera la Central Hidroeléctrica de Atexcaco.

Capstone Mining Reports Operating Cash Flow Increases 134% to $47.1 Million

Capstone Mining Corp. today announced its financial results for the three months ended March 31, 2014, posting a loss of $4.4 million due to a non-cash ore stockpile write-down. Operating cash flow before changes in working capital was $47.1 million compared to $20.1 million in the first quarter of 2013. Copper production for the quarter at Capstone’s three operating mines, Pinto Valley, Cozamin and Minto, totalled 27,644 tonnes of copper in concentrates and cathode (26,635 tonnes of payable copper) at a C1 cash cost of $1.89 per payable pound of copper produced.

Coeur Reports First Quarter 2014 Results

Coeur Mining, Inc. reported first quarter 2014 revenue of $159.6 million, adjusted net loss1 of $19.5 million, and cash flow from operating activities of $(9.6) million ($14.9 million before changes in operating assets and liabilities). The Company realized average metal prices of $20.29 per silver ounce and $1,298 per gold ounce during the quarter, which were 33% and 20% lower, respectively, than during the first quarter of 2013.

GoGold Starts Processing Ore at its Parral Mine

GoGold Resources Ltd. is pleased to announce that the Parral heap leach project in Chihuahua, Mexico has reached a major milestone with the start of commissioning of agglomeration and ore stacking on the heap leach pad. It is anticipated that the first silver/gold Dore pour will occur near the end of this month. The company has been delivering ore to the heap leach facility since late April. The phase one leach pad is nearing completion and will accommodate the first two years of commercial production. Construction of the front end agglomeration circuit is complete and commissioning has begun. The processing is expected to gradually increase to 5,000 tpd over the next three months. The entire processing facility is approximately 90% complete with the remainder to be finished within the month and the project is on budget.

Evrim Announces $1.6 Million Non-Brokered Private Placement

Evrim Resources Corp. announces it has arranged a 5,000,000 share non-brokered private placement at $0.32 per share for gross proceeds of $1.6 million. The shares will be subject to a four month hold from the date of closing under Canadian Securities Law. Finder’s fees of six per cent will be paid to eligible parties in conjunction with the placement.

Great Panther Silver Reports First Quarter 2014 Financial Results

GREAT PANTHER SILVER LIMITED today reported financial results for the Company’s three months ended March 31, 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.

Rare Earth Minerals Finds New Lithium Deposits, Starts Work On Plant

Rare Earth Minerals PLC Tuesday said it has found new lithium-bearing clay deposits on its concessions and engineering design work has started on a lithium carbonate plant after it announced that it can produce 99.5% pure battery-grade lithium carbonate from the Sonora Project in Mexico.

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