Category: Investor’s Corner

Pan American Silver Corp. produced 6.2 million ounces of silver and 29,900 ounces of gold during the quarter ended June 30, 2013, generating revenue of $175.6 million and operating cash flows before interest and income taxes of $23.7 million. Given the sharp decline in precious metals during the reporting quarter, the Company incurred a net loss of ($187.1) million or ($1.23) per share, which included a $185.2 million non-cash impairment charge mainly against the goodwill that arose from the purchase of the Dolores mine last year.

MAG Silver Corp. announces the Company’s unaudited financial results for the three and six months ended June 30, 2013. For complete details of the second quarter unaudited Condensed Interim Consolidated Financial Statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.

Starcore International Mines Ltd. announces production results for the fourth quarter of the fiscal year ending July 31, 2013, at its San Martin Mine in Queretaro, Mexico.

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to report financial results for the second quarter of 2013.

Pan American Silver Corp.’s Board of Directors has approved the third quarterly cash dividend of 2013 in the amount of $0.125 per common share. Should the Company’s Board of Directors continue to approve future quarterly dividends in the same amount, the annual cash dividend paid by Pan American would be $0.50 per common share, which represents a yield of approximately 3.6% based on the Company’s closing share price on August 14, 2013.

Aura Minerals Inc. announces financial and operating results for the second quarter of 2013.

Silver Wheaton Corp. is pleased to announce that its Board of Directors has declared its third quarterly cash dividend payment for 2013 of US$0.10 per common share. The quarterly dividend will be paid to holders of record of its common shares as of the close of business on August 30, 2013, and will be distributed on or about September 12, 2013.

Baja Mining Corp. has been advised by SRK Consulting Inc. that it is unable to provide the Company with a draft of the updated NI 43-101 technical report on the Boleo Project as previously anticipated due to the ongoing discussions between the mining department of Minera y Metalurgica del Boleo, S.A.P.I. de C.V., its geotechnical and mining consultants, and those of MMB’s senior lenders regarding certain key aspects of the Boleo mine plan on which consensus remains to be established. These parties continue to evaluate methods to optimize the underground mining, and determine the level of production from underground compared to open pit, the outcome of which may influence mining costs and project economics.

Scorpio Mining Corporation reports its financial and operating results for the second quarter ended June 30, 2013. This press release should be read in conjunction with the Company’s unaudited Financial Statements and Management’s Discussion and Analysis for the second quarter ended June 30, 2013, available on the Company’s website at www.scorpiomining.com and on SEDAR at www.sedar.com. All monetary figures are expressed in Canadian dollars unless otherwise specified.

International Northair Mines Ltd. announces the voting results at the annual general and special meeting of shareholders of Northair held on August 14, 2013.