Grupo Mexico net income plunged 53.8% from $693 million in the third quarter of last year to $320.2 million for the third quarter of this year.
Alamos Gold Inc. today reported its operating and financial results for the quarter ended September 30, 2012 and reviewed its operating, exploration and development activities for the period. All amounts are expressed in United States dollars unless otherwise specified.
Kimber Resources Inc. reports its updated mineral resource estimate for the Carmen deposit, part of its Monterde project, located in the Sierra Madre Gold-Silver Belt of northwestern Mexico. The 2012 updated mineral resource estimate at Carmen highlights a number of improvements, including:
Avino Silver and Gold Mines Ltd. is pleased to announce the following operational update and third quarter production results from its Avino’s mine operation located near Durango, Mexico.
The emergence of a large entrepreneurial community is essential for the development and growth of any country. For there to be a sizable number of new enterprises and for these to grow and thrive; they need funding, and this funding usually comes from venture capital (VC). In the U.S., large, venture-backed companies Amazon, Apple, Cisco, Google, Medtronic are major parts of the economic landscape. A recent study by the National Venture Capital Association and HIS Global Insight estimates that 11% of U.S. jobs were created by VC-backed companies.
Southern Copper Corp. (SCCO, SCCO.VL) said Wednesday third-quarter net earnings decreased to $217.9 million, compared with $663 million in the year-earlier quarter.
Canadian mining company Teck Resources Ltd. (TCK: Quote, TCK_A.TO, TCK_B.TO) Wednesday released the financial results for the third quarter ended 30 September 2012, reporting a sharp decline in profit on lower revenues.
Cream Minerals Ltd. advises that, as a result of a review by the British Columbia Securities Commission, the Company is issuing this news release to clarify its disclosure.
Lincoln Mining Corporation, TSX-V: LMG announces that further to its news release of September 26, 2012, the Company plans to increase its non-brokered private placement to up to 6,000,000 shares at a price of $0.05 per share for total proceeds of up to $300,000.
Capstone Mining Corp. today announced that Korea Resources Corporation’s (“KORES”) representative on Capstone’s board of directors has changed. Pursuant to formation of the strategic partnership for the development of the Santo Domingo project and Shareholders Agreement for the project between Capstone and KORES dated June 17, 2011, KORES is entitled to appoint one representative to Capstone’s board.
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