Author: Josue Gomez

Endeavour CEO Bradford Cooke commented: “We returned to positive earnings in Q1, 2015 thanks to improved operating cash flow and EBITDA driven by reduced cash operating costs and all-in sustaining costs compared to Q4, 2014. Each of our three mining operations performed better than plan in the first quarter to give us a good head start on the year.

“Primero has delivered a strong start to 2015,” stated Joseph F. Conway, Chief Executive Officer. “Our platform San Dimas mine achieved record production levels and continues to exceed operational expectations, delivering significant cash flow for the Company. I am extremely proud of our operating team for the success they have achieved at this mine, as it continues to show improved grades, higher throughput, lower costs and more operational flexibility…

Capstone Mining Corp. today announced that it has entered into zero-cost collars for 36,000 tonnes of copper production between now and September 30, 2015 (with pricing periods from June 2015 to February 2016) at a minimum of US$2.60 and a maximum of US$3.10 per pound of copper. There was no cost to Capstone to put this protection in place.

Silver Standard Resources Inc. has received the final cash payment in the amount of $20 million from the sale of the San Agustin project in Durango, Mexico to Argonaut Gold Inc., which was completed in December 2013. As part of the consideration, Silver Standard retains a 2% net smelter return royalty on sulphide ore produced from San Agustin.

Riverside’s President and CEO, John-Mark Staude, stated: “Riverside looks forward to further partner funded exploration work and drilling to expand on the recently filed NI-43-101 Resource Estimate. We are pleased to be a major shareholder in Morro Bay and believe the collaborative advancement and de-risking of the Peñoles Project has positioned Riverside shareholders to participate in future upside at the Project…

On April 13, 2015, AuRico Gold and Alamos Gold announced the two companies were going to combine in a merger of equals, creating a new $1.5 billion gold producer. Alamos and AuRico shareholders will each own approximately 50% of the new company, which will retain the Alamos Gold name.

At East Taviche, Aura Silver has identified a number of geochemically defined silver and gold targets along a 7.5 kilometre N-S trend adjacent to, and on strike with the Company’s previously defined silver/gold resource. This mineralized trend is referred to as the Higo Blanco trend. Aura Silver is currently looking at strategic financing alternatives that include potential partners which could advance the East Taviche property in order to expand and increase the current resource and test other targets.

Bearing Resources Ltd. announces its proposal to complete a corporate reorganization that will transform it from a mineral exploration company to a film, television and digital media company. The Reorganization will include the acquisition by the Company of all of the shares of Odyssey Media Inc. and the concurrent disposition of the Company’s mineral properties in exchange for shares of Commander Resources Inc…