Year: 2015

SilverCrest Announces Surface Drilling Results at Santa Elena Mine

SilverCrest Mines Inc. is pleased to announce results of the exploration and resource expansion drilling program completed in late 2014 at the 100% owned Santa Elena Mine in Sonora, Mexico. Twenty-one drill holes, totalling 9,393 metres were completed to explore the western and eastern extensions of the Santa Elena Main Mineralized Zone…

Layne Christensen Announces New Contracts Valued at Approximately $110 Million

Layne Christensen Company today announced a number of significant new contracts signed within the last 90 days with an aggregate value of approximately $110 million. These contracts were awarded to Layne’s Geoconstruction, Inliner, Heavy Civil, Water Resources, and Mineral Services divisions. The majority of these projects are expected to be completed during the current fiscal year.

MAG Silver Reports 2014 Annual Results

MAG Silver Corp. announces the Company’s audited consolidated financial results for the year ended December 31, 2014. For complete details of the annual financial statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.

Fortuna amends and expands $40 million credit facility

Fortuna Silver Mines Inc. is pleased to announce that it has amended and expanded its existing $40 million revolving credit facility with the Bank of Nova Scotia. The new credit facility consists of a $40 million non-revolving term loan and a $20 million revolving credit facility. The $40 million term loan has a four year duration.

Marlin Gold Creates the Next Emerging Mid-Tier Gold Producer with the Acquisition of Commonwealth Silver and Gold, Concurrent Equity Offering and Strengthening of Board

Marlin Gold Mining Ltd. is pleased to announce that it has entered into a definitive agreement pursuant to which Marlin has agreed to acquire, in an all cash transaction, all of the issued and outstanding common shares of Commonwealth Silver and Gold Mining Inc., a privately held entity, through a wholly owned subsidiary…

Arian Silver Achieves First Concentrate Production at San José

Arian Silver Corporation, a silver exploration, development and mining company focused on silver projects in the silver belt of Zacatecas, Mexico, is pleased to report that first concentrate production has been achieved at its wholly-owned San José project.

Southern Silver Pays Credit Facility, Appoints Directors

“Conversion of $300,000 of the debt by Radius results in its holding approximately 13% of the currently issued shares of the Company,” said President, Lawrence Page Q.C. “We welcome Radius as a significant shareholder of our Company due to the depth of experience of its principals in the mineral exploration sector. This transaction, coupled with the recent acquisition by Electrum Global Holdings…

Sierra Metals Inc. Reports Fourth Quarter and Year-End 2014 Financial Results

Audra Walsh, President and CEO of Sierra Metals, commented: “2014 was an exceptional year for the Company, as reflected in this year’s financial and operational results. Revenues and operating cash flows in 2014 increased by 20% and 124%, respectively, despite a 19% and 7% decline in annual realized silver and copper prices, respectively. The increase in revenues in 2014 was driven mainly by higher throughput at our three operating mines…

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