TORONTO (miningweekly.com) Junior Primero Mining posted a profit in the fourth quarter, after revenues increased significantly, and plans to list in the US in the coming months, CEO Joseph Conway said on Thursday.
YAMANA GOLD INC. today announced its first quarter 2011 dividend of US$0.03 per share. Shareholders of record at the close of business on Thursday, March 31, 2011 will be entitled to receive payment of this dividend on Thursday, April 14, 2011. The dividend is an “eligible dividend” for Canadian tax purposes.
Linear Metals Corporation is pleased to announce that it has closed its previously announced non-brokered private placement consisting of 3,333,333 common shares priced at $0.30 per share, for total gross proceeds of $1,000,000. There were no warrants issued in connection with the private placement.
Greenwood Village-based Newmont (NYSE: NEM), the largest U.S. gold producer and the second-largest in the world, Thursday posted attributable net income for the most recent quarter of $812 million, or $1.61 a share, up from $558 million, or $1.13 a share, in the final quarter of 2009.
Forecasts 2011 capital expenditure of $31 mln
NEW YORK (TheStreet) — The ex-dividend date for Agnico-Eagle Mines (NYSE:AEM) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $71.94 as of 9:31 a.m. ET, the dividend yield is 0.9%.
US GOLD CORPORATION an exploration company focused on gold and silver in the United States and Mexico, announced today the closing of its previously announced underwritten offering in the United States and Canada. The company sold 17,250,000 shares of common stock, including 2,250,000 shares pursuant to the underwriters’ full exercise of their over-allotment option at $6.50 per share for aggregate gross proceeds of $112.12 million, or net proceeds of $105.3 million after commissions and expenses.
High Desert Gold Corporation is pleased to announce that the Company’s common shares have commenced trading on the OTCQX, the top tier of the broker-dealer quotation services operated by OTC Markets Inc., using the ticker symbol, HDGCF. HDG’s common shares continue to trade on the TSX.V under the symbol, HDG.
Dia Bras Exploration Inc. (TSX VENTURE:DIB) reports results from its Bolivar pilot-mining and Cusi advanced development programs in Chihuahua, Mexico, for the fourth quarter ending December 31, 2010 and cumulative results for the full year.
Primero Mining Corp. (“Primero” or the “Company”) today reported financial and operational results for the fourth quarter and year ended December 31, 2010. The Company produced a total of 37,400 gold equivalent ounces(1) at a total cash cost(2) of $642 per gold equivalent ounce, or $525 per gold ounce on a by-product basis, for the period August 6 to December 31, 2010. This generated the Company’s first revenues, totaling $60.3 million in 2010 and transformed Primero from an exploration company to a gold producer.
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