Category: Investor’s Corner

New Gold Announces 2014 First Quarter Results

New Gold Inc. today announces first quarter 2014 operational and financial results. The company produced 91,317 ounces of gold at record-low all-in sustaining costs of $674 per ounce, resulting in strong free cash flow generation.

Acquisition of Securities of Red Tiger Mining Inc.

Maxim Finskiy, 22 Tverskaya, Ulitsa, Moscow 125009, Russia, announces that, pursuant to a private placement financing he acquired, through MMC Holding, 6, rue Eugene de Ruppert L-2453, Luxembourg, Grand Duchy of Luxembourg, a company controlled by him, beneficial ownership of and/or control or direction over 10,928,181 common shares of Red Tiger Mining Inc., representing approximately 9.7% of the issued and outstanding common shares of Red Tiger. Finskiy paid CDN$0.055 per Red Tiger common share pursuant to the Private Placement.

Gold Resource Corporation Releases Reserve Report for La Arista Mine

Gold Resource Corporation has completed a reserve study and issued a report demonstrating proven and probable reserves consistent with Industry Guide 7 promulgated by the U.S. Securities and Exchange Commission for its La Arista Underground Mine on the El Aguila Project with 381,400 ounces of precious metal gold equivalent (AuEq) at an average grade of 8.76 grams per tonne AuEq.Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico.The Company has returned over $96 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Yamana Gold Declares Second Quarter Dividend

YAMANA GOLD INC. declares its second quarter 2014 dividend of $0.0375 per share. Shareholders of record at the close of business on June 30, 2014 will be entitled to receive payment of this dividend on July 14, 2014. The dividend is an “eligible dividend” for Canadian tax purposes.

Aurcana Amends Credit Facility Agreement and Announces Private Placement

Aurcana Corporation is pleased to announce that it has entered into an agreement to amend the terms of its US$50,000,000 outstanding unsecured loan owing to MF2 Investment Holding Company Limited, an affiliate of Orion Mine Finance Group, as originally announced on September 19, 2013.

Fortuna Silver jumps after Mexico intercepts

Fortuna Silver Mines Inc jumped more than 3% on Tuesday after releasing impressive intercepts at the Trinidad North discovery at its San Jose silver-gold mine in Mexico.

Baja Mining Provides Update on Class Action Litigation

Baja Mining Corp. provides a further update to its announcement on April 9, 2014 notifying of the hearing that was held on April 8, 2014 in the Ontario Superior Court of Justice in connection with the proposed class action proceeding previously reported on July 27, 2012.

Camino Minerals Provides Details Of Proposed Share Consolidation

Camino Minerals Corporation announces that its shareholders will be asked to approve a consolidation of the Company’s common shares on a ten old common shares for one new common share basis at a special meeting of the shareholders of the Company to be held on May 29, 2014. If approved by the shareholders, the Company’s board of directors will have the ability to implement the Share Consolidation. The Company currently has an aggregate of 96,265,432 common shares issued and outstanding. The Share Consolidation, as proposed and if effected today, would reduce the outstanding common shares to 9,626,543 common shares.

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