Day: February 28, 2017

“I am very proud to announce that 2016 delivered Gold Resource Corporation’s sixth consecutive year of profitability, four years of which were in a difficult bear market,” stated Gold Resource Corporation CEO and President, Mr. Jason Reid. “Our Company posted annual net income of $4.4 million or $0.08 per share, returned $1.7 million back to our shareholders through dividends, and continued to invest in the Company’s future growth in both Mexico and Nevada while adding cash from operations to our bank account. Our numerous successes during 2016 were accomplished without raising money, without diluting shareholders through equity sales and without going into debt.

FIRST MAJESTIC SILVER CORP. is pleased to announce the promotion of Dustin VanDoorselaere, previously Vice President of Operations, to the role of Chief Operating Officer (COO) beginning March 1, 2017. Mr. VanDoorselaere, an experienced mining engineer, will be responsible for overseeing all operational functions at each of the Company’s six operating silver mines in Mexico.

Golden Minerals Company has today announced financial results for the full year ending December 31, 2016.

Santacruz Silver Mining Ltd. announces that its subsidiary, Impulsora Minera Santacruz S.A. de C.V., has renegotiated the terms of its agreement with Minera Hochschild Mexico S.A. de C.V. regarding the acquisition of a 100% interest in the San Felipe property and adjacent El Gachi property located near Hermosillo, Sonora, Mexico.