Category: Investor’s Corner

Alamos Gold Inc. today reported fourth quarter and annual 2013 production, achieving both its production and cost guidance for the year. The Company also provided 2014 production and operating guidance along with its global exploration and development budgets.

Garibaldi Resources Corp. is pleased to provide an update on the first-ever diamond drilling program at its La Patilla Gold Property in Sinaloa State, Mexico, with the fifth hole of the shallow program currently in progress. Drilling started shortly before the Christmas break and resumed early this month.

Capstone Mining Corp. today provided its production and capital expenditure guidance for 2014 for two of its three operating mines, Cozamin and Minto, and its development and exploration projects. Capstone expects to produce 38,500 tonnes (±5%) of copper in concentrates from Cozamin and Minto, slightly higher than 2013 production of 37,500 tonnes.

Scorpio Mining Corporation reports that production from the Nuestra Señora Operations totalled 492,832 silver equivalent ounces in the fourth quarter ended December 31, 2013, and 1,959,113 silver equivalent ounces for all of 2013.

Formation Metals Inc. today announced that the Board of Directors of Formation has reached an agreement, effective January 15, 2014, with Mari-Ann Green, Scott Bending and William G. (Bill) Scales whereby these executives will relinquish their positions as CEO, President, and Executive Vice President, respectively and resign from the Board of Directors.

The Board of Directors of Osisko Mining Corporation has received the takeover bid circular published by Goldcorp Inc. regarding its unsolicited proposal to acquire all of the common shares of Osisko.

Could Goldcorp’s (NYSE:GG,TSX:G) hostile takeover bid for Osisko Mining (TSX:OSK) mean the beginning of a fresh round of mergers and acquisitions (M&A) in what has been a quiet market for mining tie-ups? Likely that won’t happen right away, but the bid is a sign that the gold majors are starting to shop around after a year spent cutting costs and taking care of their own balance sheets.

Minaurum Gold Inc. is pleased to announce that, further to its news release dated December 20th, 2013, it has completed a second tranche closing on $495,000 of its $1.3 million non-brokered private placement. With its second tranche closed, Minaurum has now raised a total of $870,000. A finder’s fee of 182,000 shares was paid in connection with the second tranche. The securities issued under the offering will be subject to a four month hold period expiring May 16, 2014 in accordance with applicable Canadian securities laws.

AuRico Gold Inc. today announces preliminary fourth quarter and annual operational results. All amounts are in U.S. dollars unless otherwise indicated.

Riverside Resources Inc. is pleased to provide an overview of the Company’s growth plans for the coming year. Riverside will look to strategically build on the successes achieved during 2013, which included securing two new fully funded strategic alliances with major metal producers for mineral exploration work in northwestern Mexico, four new partner funded project acquisitions and positive drilling and exploration results highlighted by the high-grade silver values reported at the Peñoles Project in Durango, Mexico. The Company continues to diligently manage its capital with more than $5,000,000 in cash, no debt and less than 37,000,000 shares outstanding.