Author: Josue Gomez

Yesterday, the stock of Excellon Resources Inc. (TSE:EXN, EXN message board), (PINK:EXLLF) fell below the psychological barrier of $1 again. It seems that presently EXN is not very attractive for those who bet on the long position. In case you are investor, it would be probably wise to wait for a better time before taking the firm decision to go for buying.

NEW YORK, Feb. 25, 2011 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Musgrove Minerals Corp. (TSX.V: MGS; OTCQX: MGSGF), a Canadian-based mining and exploration company, is now trading on the OTC market’s highest tier, OTCQX®.

Hecla Mining Company (“Hecla”) (NYSE:HL) today announced record operating cash flow of $197.8 million, net income applicable to common shareholders of $35.4 million, or $0.14 per basic share, and adjusted net income applicable to common shareholders of $82.6 million1 or $0.33 per basic share for the year. Full year silver production was 10.6 million ounces at a total cash cost of negative $1.46 per ounce, net of by-products.2

COEUR D’ALENE, Idaho–(BUSINESS WIRE)–Hecla Mining Company (“Hecla”)(NYSE:HL) today reported silver reserves and resources as at December 31, 2010 of 142 million ounces and 248 million ounces respectively, the highest in the company’s history. Hecla is also pleased to provide an exploration update on its four large silver districts.

TORONTO (miningweekly.com) – Junior Primero Mining posted a profit in the fourth quarter, after revenues increased significantly, and plans to list in the US in the coming months, CEO Joseph Conway said on Thursday.

YAMANA GOLD INC. today announced its first quarter 2011 dividend of US$0.03 per share. Shareholders of record at the close of business on Thursday, March 31, 2011 will be entitled to receive payment of this dividend on Thursday, April 14, 2011. The dividend is an “eligible dividend” for Canadian tax purposes.

Linear Metals Corporation is pleased to announce that it has closed its previously announced non-brokered private placement consisting of 3,333,333 common shares priced at $0.30 per share, for total gross proceeds of $1,000,000. There were no warrants issued in connection with the private placement.

Greenwood Village-based Newmont (NYSE: NEM), the largest U.S. gold producer and the second-largest in the world, Thursday posted attributable net income for the most recent quarter of $812 million, or $1.61 a share, up from $558 million, or $1.13 a share, in the final quarter of 2009.

Forecasts 2011 capital expenditure of $31 mln

NEW YORK (TheStreet) — The ex-dividend date for Agnico-Eagle Mines (NYSE:AEM) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $71.94 as of 9:31 a.m. ET, the dividend yield is 0.9%.