Today (and every day, it seems) spot gold prices per ounce are on a tear. Gold investment and precious metal mining stocks have been surging in kind. This includes gold miners like Goldcorp (NYSE: GG) and Rangold (NASDAQ: GOLD) to physical gold or silver investments like the SPDR Gold Trust ETF (NYSE: GLD) or the iShares Silver Trust ETF (NYSE: SLV).
Goldcorp Inc. (GG – Analyst Report) increased its monthly dividend for 2011 to $0.034 per share, an 11% increase over the prior dividend. The dividend is payable on March 25, 2011 to shareholders of record as of March 17, 2011. Goldcorp has been paying a monthly dividend to its shareholders since 2003.
GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE Amex: GPL; the “Company”) is pleased to announce that it has paid off $4,050,000 in two outstanding $2,025,000 Principal Amount 8% Unsecured Convertible Loan Notes due July 14, 2011 (the “Notes”) by the issuance of 1,800,000 fully paid common shares of the Company at the originally agreed upon conversion price of $2.25 per common share. Accrued interest will be paid in cash. The Notes were issued on July 13, 2007 to City Natural Resources High Yield Trust PLC and New City High Yield Fund Limited, British Isles-based Funds.
Vancouver, Canada – March 8, 2011 – Endeavour Silver Corp. (TSX: EDR, NYSE-Amex: EXK, DB-Frankfurt: EJD) announced today that for the seventh consecutive year, the Company has grown its silver and gold resources in Mexico
Vancouver, British Columbia, March 7, 2011 GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its third monthly dividend payment for 2011 of $0.034 per share, which reflects the 11% increase the Company announced on February 24, 2011. Shareholders of record at the close of business on Thursday, March 17, 2011 will be entitled to receive payment of this dividend on Friday, March 25, 2011. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.
SilverCrest Mines (SVL.V) went up by 4% to $1.98 after announcing that it has completed 13 core holes of a planned Phase I, 22 hole program at its newly acquired La Joya Property which is located approximately 75 kilometres southeast of the city of Durango, Mexico.
PERSHIMCO RESOURCES INC. is pleased to announce the nomination of Mr Jean Robitaille, Senior Vice-President at Agnico Eagle Mines, as a director of the Company.
Tara Gold Resources Corp. is pleased to announce a distribution of one Tara Minerals Corp. common share for every 20 outstanding shares of Tara Gold. Tara Gold currently owns 40,898,190 shares or approximately 71% of Tara Minerals. It is the intention of Tara Gold to distribute all 40,898,190 Tara Minerals shares to its shareholders over the next 24 months. The record date for the current distribution will be announced when required filings have been reviewed by FINRA.
Brigus Gold Corp. announces that Jennifer Nicholson has been appointed Vice President, Investor Relations, effective immediately.
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