Day: May 4, 2015

Pete Dougherty, President and CEO of Argonaut Gold stated, “Argonaut achieved tremendous operating results during the first quarter of 2015. In addition to a strong quarter of production, we added $13 million to our cash balance, saw year over year overall cash costs stay flat and received recognition for our commitment to the communities where we operate, by being named the number one small mine in Mexico for Corporate Social Responsibility.

“Q1 production of 24,155 gold ounces was slightly lower than planned. We still maintained a strong quarter-end cash balance of approximately $25M and intend to fund our activities, including the planned advancement of our new projects, using cash flow from operations at current gold prices” said Bruce Bragagnolo, CEO of Timmins Gold….

“We are off to a strong start in 2015, tracking at or below our annual cost guidance in the first quarter. Falling oil prices and a weakening Mexican peso bode well for further cost improvement, as fuel represents approximately 7% of our total operating costs and about 50% of Palmarejo’s costs are denominated in pesos,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer…

Scorpio Gold Corporation announces that Mr. Steve Roebuck has stepped down as President of the Company and as such Peter J. Hawley, current CEO, will assume the position of President in addition to CEO.

GOLDCORP INC. is pleased to declare its fifth monthly dividend payment for 2015 of $0.05 per share. Shareholders of record at the close of business on Thursday, May 14, 2015 will be entitled to receive payment of this dividend on Friday, May 22, 2015.

Tim Barry, President, CEO and director of Silver Bull states, “We have aimed to do two things in this updated resource report: bring all of the known zinc mineralization into the story for the first time, and update the silver resource using prices applicable to the current market conditions. Although updating the silver resource estimate means we reduce the total number of silver ounces we can now report, we still retain one of the largest undeveloped silver resources in Mexico that has been modeled on a silver price realistic to the current market conditions…