Author: Josue Gomez

Pan American Silver’s Board approves second dividend of 2013 in the amount of $0.125 per share

Pan American Silver Corp. announced that its Board of Directors has approved the second quarterly cash dividend of 2013 in the amount of $0.125 per common share. Should the Company’s Board of Directors continue to approve future quarterly dividends in the same amount, the annual dividend paid by Pan American would be $0.50 per common share, which represents a yield of approximately 3.9% based on the Company’s closing share price on May 13, 2013.

Grupo México invierte 620 mdd durante el 1T13

Grupo México invirtió 620 millones de dólares durante el primer trimestre del 2013 en sus divisiones minera, transporte e infraestructura, lo que representó el 108 por ciento de su utilidad neta consolidada en este período y una cifra récord para un trimestre.

Avino April Production Report

Avino Silver & Gold Mines Ltd. is pleased to announce the following April 2013 production results from its San Gonzalo mine and Historic Avino Mine Surface stockpiles operations located on the Avino property near Durango, Mexico.

Mercator Minerals Reports First Quarter 2013 Results

Mercator Minerals Ltd. today announced its financial results for the three months ended March 31, 2013. For the first quarter 2013, the Company reported revenues of $54.5 million, a gross profit of $0.5 million, and a net income of $1.8 million ($0.01 per share, basic) or an adjusted net loss* after excluding non-cash items of $9.0 million ($0.03 per share). Cash flow used by operations, before non-cash working capital changes, was $3.1 million. As at March 31, 2013, the Company had $25.6 million in cash and restricted cash on hand.

All News