Year: 2015

Fresnillo plc interim results for the six months to 30 June 2015

Octavio Alvídrez, Chief Executive Officer of Fresnillo plc, said: “We have had a solid first half operationally, with silver and gold production up 11% and 37% respectively. Saucito drove the increase in silver production, with the ramp up of Saucito II achieved well ahead of the three year timeframe initially anticipated. The increase in gold production was driven by Herradura and its dynamic leaching plant being fully operational throughout the period. We continue to advance development rates at Fresnillo, which should result in increased production by the year end, and we remain on track to reach steady state production at Herradura in the fourth quarter. I am confident that we are well-placed to meet our 2015 production guidance of 45-47 million ounces of silver (including the Silverstream) and our increased 2015 gold production guidance of 715-730 thousand ounces.”

Vista Gold Corp. Announces Second Quarter 2015 Results and Provides Update on Recent Activities

Frederick H. Earnest, President and Chief Executive Officer, commented, “We were pleased with the addition of approximately $10.2 million of cash to our treasury from the R&D Tax Incentive Program. Based on our current plan of operations, we believe that we are now funded into 2018; and we still have opportunities to access additional financing from non-dilutive sources such as the sale of our used mill equipment and monetization of other non-core assets…”

Golden Minerals Announces CEO Retirement

Golden Minerals Company announced that Jeffrey G. Clevenger, the Company’s Chief Executive Officer, will retire effective September 1, 2015. Mr. Clevenger, who has served as Chairman and Chief Executive Officer since the Company’s inception in 2009, will continue to serve as Chairman of the Board of Directors.

Morro Bay Closes First Tranche of Financing

Morro Bay Resources Ltd. is pleased to announce it has closed the first tranche of the non-brokered private placement announced July 29, 2015. The First Tranche consisted of the issuance of a total of 2,000,000 Units at a price of $0.05 per unit for gross proceeds of $100,000. The Private Placement remains open for further subscriptions.

Torex Announces Second Quarter 2015 Results

Fred Stanford, President and CEO of Torex said: “With construction currently 80% completed, and with mining ahead of schedule with over one million tonnes of ore in stock pile, we are well on track for our first gold pour by the end of this year. Engineering and procurement are effectively completed and a workforce of over 3000 is rapidly turning that engineering and material into a productive asset. The processing buildings have been erected and the major pieces of equipment have been placed within the buildings…”

Yamana Gold Declares Third Quarter Dividend

YAMANA GOLD INC. declared a third quarter 2015 dividend of $0.015 per share. Shareholders of record at the close of business on September 30, 2015 will be entitled to receive payment of this dividend on October 14, 2015. The dividend is an “eligible dividend” for Canadian tax purposes.

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