Goldcorp Inc. updated its production and cost guidance on Monday evening, and the numbers were clear disappointments. Expected production for 2013 is now 2.55 to 2.8 million ounces, down from the prior forecast of 3.2 million (with a notably low target for the Penasquito mine). Cash costs are forecast at US$700 to US$750 per ounce on a co-product basis, well above the 2012 level of US$645 in ounce.
Seafield Resources Ltd. is pleased to announce the appointment of Richard Niels to its technical team as Senior Project Geologist for the Quinchía Gold Project, in the Department of Risaralda, Colombia. Mr. Niels will be responsible for leading the geological program at the Company’s Miraflores Deposit, as the Company progresses the deposit toward feasibility. Mr. Niels will also lead the Company´s current geological exploration program on the Tesorito target, as well as other future exploration opportunities.
Goldcorp Inc. today announced gold production and cash costs for 2012 and provided production and cash cost guidance for 2013 and the five-year period ending 2017.
Goldcorp Inc. is pleased to declare its first monthly dividend payment for 2013 of $0.05 per share. Shareholders of record at the close of business on Thursday, January 17, 2013 will be entitled to receive payment of this dividend on Friday, January 25, 2013. The payment reflects an increase of 11% to the annual dividend approved by Goldcorp’s Board of Directors today. Goldcorp has increased its dividend by 233% since 2009.
Orex Minerals (CVE:REX) announced Monday the second batch of holes from its phase II diamond drilling program at its Coneto gold-silver project in Durango, Mexico, sending shares higher.
Cardero Resource Corp. announces the continued expansion of its management team with the appointment of former Mining Analyst and Investment Advisor, Andrew Muir as Director, Investor Relations of the Company, effective January 3, 2013.
Further to the announcement of December 14, 2012, a copy of the Scheme Implementation Deed entered into between Cerro Resources NL and Primero Mining Corp. has been filed on SEDAR under Cerro’s profile (www.sedar.com) and is available on Cerro’s website (www.cerroresources.com).
Gold Resource Corporation ( GORO ) has announced an ex-dividend date of January 09, 2013 and a cash dividend payment of $0.06 per share scheduled for January 23, 2013. Shareholders who purchased GORO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that GORO has paid the same dividend.
Guerrero Exploration Inc. announces that in conjunction with its recently completed acquisition of all of the issued and outstanding shares of Pinette Copper Corp, Peter Wilson, of Vancouver, BC, has been appointed to the Board of Guerrero. In addition, Bill Thomas, of Vancouver, BC, has been appointed Chief Financial Officer of the Corporation. All other directors and officers shall remain the same.
Parlane Resource Corp. announces that at its Annual General Meeting held on December 21, 2012, Messrs. Robert Eadie, Gary Arca and David Gunning were reappointed directors for the ensuing year, and Ken Sumanik was appointed a new director of the Company.
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