Category: Investor’s Corner

First Majestic Reports First Quarter Earnings of $26.5 million on Revenues of $67.1 million

First Majestic Silver Corp. is pleased to announce the unaudited condensed interim consolidated financial results for the Company for the first quarter ending March 31, 2013. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.

Pan American Silver Reports Increased Silver and Gold Production During the First Quarter of 2013

Pan American Silver Corp. reported that its first quarter silver production increased 14% to 6.3 million ounces, while gold production increased 65% to 32,100 ounces as compared to the same period in 2012. The silver and gold production increases were largely the result of the addition of low-cost production from the Dolores mine, which was acquired on March 30, 2012. Total cash costs for the first quarter were $11.33 per ounce of silver, net of by-product credits, which was well below the Company’s guidance for 2013 of $11.80 to $12.80 per ounce of silver.

Pan American Silver’s Board approves second dividend of 2013 in the amount of $0.125 per share

Pan American Silver Corp. announced that its Board of Directors has approved the second 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 dividend paid by Pan American would be $0.50 per common share, which represents a yield of approximately 3.9% based on the Company’s closing share price on May 13, 2013.

Grupo México invierte 620 mdd durante el 1T13

Grupo México invirtió 620 millones de dólares durante el primer trimestre del 2013 en sus divisiones minera, transporte e infraestructura, lo que representó el 108 por ciento de su utilidad neta consolidada en este período y una cifra récord para un trimestre.

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