Category: Investor’s Corner

COEUR D’ALENE, Idaho–(BUSINESS WIRE)–Hecla Mining Company (NYSE:HL) today reported the results from another successful year of exploration, achieving record levels of silver and gold reserves and gold resources at its properties despite using reduced metals prices of $20/oz silver and $1300/oz gold. The gains in gold and silver reserves are net of the 8.9 million ounces of silver and 120 thousand ounces of gold produced in 2013.

Osisko Mining Corporation today reported net earnings of $9.8 million ($0.02 per share) for the third quarter of 2013 compared to $28.3 million ($0.07 per share) for the corresponding period of 2012. The Company generated cash flows from operating activities of $70.7 million during the third quarter of 2013 compared to $55.8 million in the third quarter of 2012.

Coeur Mining, Inc. announced contained ounces of proven and probable mineral reserves totaling approximately 255.4 million silver ounces and 2.2 million gold ounces, representing increases of 15.9% and 12.3%, respectively, compared to year-end 2012. These gains are net of the 17.0 million ounces of silver and 262,217 ounces of gold produced during 2013. In addition to these reserves, Coeur announced measured and indicated mineral resources totaling approximately 386.3 million silver ounces and 2.5 million gold ounces, up 26.6% and 1.4%, respectively, compared to year-end 2012.

Monarchy Resources is pleased to announce that it has appointed Mr. John Brownlie to the advisory board of the Company. Mr. Brownlie has over 28 years of experience managing, operating, and supervising mining projects, and has recently been instrumental in raising over $15,000,000 for Marlin Gold’s (TSX VENTURE:MLN) La Trinidad mine in Sinaloa, Mexico, which is commencing its first gold pour at this location. The Company is particularly excited about Mr. Brownlie’s extensive knowledge about the Mexican mining industry, his ability to finance mining projects, and his stellar management experience and track record.

Primero Mining Corp. and Brigus Gold Corp today announced that both Institutional Shareholder Services Inc. and Glass Lewis & Co., two leading independent proxy advisory firms, have recommended that shareholders support the plan of arrangement between the two companies at their special meetings scheduled for February 27, 2014.

Fortuna Silver Mines, Inc. is pleased to announce updated Mineral Reserve and Mineral Resource estimates as of December 31, 2013 for the Caylloma Mine located in Arequipa, Peru and for the San Jose Mine located in Oaxaca, Mexico.

The price of iron ore on Monday continued its fight back from seven-month lows hit last week, as Chinese stockpiles and imports continue to grow rapidly.

Starcore International Mines Ltd. announces production results for the fiscal 2014 second quarter, ending January 31, 2014, at its San Martin Mine in Queretaro, Mexico. For the third consecutive fiscal quarter, the San Martin mine has produced more than 6,000 gold equivalent ounces.

Innophos Holdings, Inc. today announced that its annual meeting of stockholders will take place on Tuesday, May 20, 2014 at the Princeton Marriott Hotel in Princeton, New Jersey. The record date for the stockholders entitled to vote at the meeting has been fixed as the close of business on April 8, 2014.

Baja Mining Corp. announces that it has notified the Toronto Stock Exchange that it will voluntarily delist the Company’s securities from trading on the TSX and that it has applied to the TSX Venture Exchange to obtain a Tier 2 listing. The Company’s goal is to work with the TSX and the TSXV to coordinate the transition of the Company’s listing between the two exchanges and to ensure that trading in its securities will continue uninterrupted. The TSXV’s consideration of the Company’s listing application is in progress, and the Company will provide an update on the status of its application upon completion of the TSXV’s review.