Category: Investor’s Corner

Scorpio Mining Corporation reported operating and financial results for its second quarter ended June 30, 2012. The Company produced a total 606,786 silver equivalent ounces in Q2 2012 compared to production of 709,393 during Q2 2011. Net earnings for Q2 2012 were $0.6 million or $0.00 per share compared to net earnings of $3.3 million or $0.02 per share for Q2 2011. The decline in earnings in Q2 2012 compared to Q2 2011 was due to lower production of contained metals as a result of lower head grades in silver and copper, decreases in the recorded metal prices for all metals and an increase in lead and zinc concentrate inventories at the end of Q2 2012.

Gold Resource Corporation today announced results for its second quarter ending June 30, 2012.

AuRico Gold Inc. reports financial results for the three and six months ended June 30, 2012. All amounts are in U.S. dollars. The Company will host a conference call on Monday, August 13, 2012 beginning at 10:00 a.m. Eastern Time.

Catalyst Copper Corp. advises there will be a delay in releasing the results of and filing the Preliminary Economic Assessment on the La Verde copper porphyry deposit located in Michoacán State, Mexico.

Excellon Resources Inc. today announced the resignation of Mr. Steve Poad, Chief Financial Officer effective immediately. The Board would like to thank Mr. Poad for his contributions to the Company and wish him the best in his future endeavours.

Goldcorp Inc. today announced that George Burns has been appointed Executive Vice President and Chief Operating Officer, replacing Steve Reid, who has decided to leave the Company to pursue other interests.

Fortuna Silver Mines, Inc. is pleased to announce that it has filed its financial statements and MD&A for the three and six months ended June 30, 2012.

Silver Standard Resources issued its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.04) by $0.02. Silver Standard Resources’s revenue was down 8.7% compared to the same quarter last year.

Cayden Resources said late Wednesday it has arranged a non-brokered private placement for a total of $4.2 million.

Excellon Resources Inc. Mexico’s highest grade silver producer, is pleased to provide results for the second quarter of 2012.