Coeur d’Alene Mines’ CEO Discusses Q3 2012 Results – Earnings Call Transcript
Coeur d’Alene Mines Corporation (CDE) Q3 2012 Earnings Call November 6, 2012 2:00 PM ET
Coeur d’Alene Mines Corporation (CDE) Q3 2012 Earnings Call November 6, 2012 2:00 PM ET
US-based silver producer Coeur dAlene Mines had posted lower profit during the third quarter owing to rising production costs, which were mainly the result of production issues at the companys Palmajero mine, in Mexico.
Silver Bull Resources (TSE:SVB) is not only on the verge of defining a high grade silver zone at its Sierra Mojada property in Mexico on top of the already defined low grade silver resource – but it is also on the cusp of bringing a high grade zinc resource into its story.
Corex Gold Corp. is pleased to announce it has executed a definitive agreement with Vale Exploraciones Mexico S.A. de C.V., a wholly-owned subsidiary of Vale S.A. wherein Vale may acquire up to a 65% interest in the Company’s Santana Project. The objective of this alliance is to further develop the copper-gold porphyry target on the Santana Project, in Sonora State, Mexico. The Santana Project is located approximately 80 km southwest of the world-class Mulatos district. The Corex claim block is situated along a trend of producing mines in the Sierra Madre Occidental.
WESTRIDGE RESOURCES INC. is pleased to announce the appointment of Gregory L. Myers, PhD, as director of the Company effective November 6, 2012.
Newstrike Capital Inc. announces the results from 8,035 meters in 15 drill holes completed this period at the Company’s 100%-owned Ana Paula Project in the Guerrero Gold Belt, Mexico. These drill results are from new exploration holes and from the Breccia Zone delineation program. The drill holes in this series are collared in the northeast and southeast quadrants and targeted the Lower Grade Mineralization.
Silver Bull Resources, Inc. is pleased to announce the drill results for the eighth batch of drill holes from the underground drill program twinning a series of “long holes” in a high grade silver zone situated at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.
McEwen Mining Inc. is pleased to announce exploration drill results from two locations within its 100% owned El Gallo complex, Sinaloa, Mexico. The first location is at El Gallo Phase 1, where production commenced in September. The second is Mina Grande, located in the north portion of the property (Fig. 1). Results from both areas continue to impress.
Endeavour Silver Corp. announced today its financial and operating results and unaudited consolidated interim financial statements for the Third Quarter, 2012. Endeavour owns and operates three high-grade, underground, silver-gold mines in Mexico: the Guanacevi Mine in Durango State, the Bolanitos Mine in Guanajuato State and the recently acquired El Cubo Mine, also located in the Guanajuato mining district only 15 kilometers from the Bolanitos Mine.
Baja Mining Corp. (TSX: T.BAJ, Stock Forum) was the second most active stock on the TSX. It fell 13.8% and was trading at $0.125 on volume of 4.1 million shares. On Nov. 2, the mine development company announced it had received $84 million in additional funding from the Korean Consortium for the Boleo copper-cobalt-zinc-manganese project
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