Category: Investor’s Corner

Coeur Reports Third Quarter 2019 Production and Sales Results

“As anticipated, our third quarter operational results reflected the beginning of a strong second half that is expected to continue throughout the remainder of the year,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer. “Wharf bounced back from a slow first half to deliver a strong quarter, while Palmarejo and Kensington generated solid operational results to help drive a 15% quarter-over-quarter increase in Companywide gold production…”

Discovery Metals Announces $17 Million Private Placement Including $5 Million Investment From Eric Sprott

Taj Singh, President and CEO of Discovery commented, “We are excited to have substantially expanded our European investor base as we transition into our next phase of growth. We are also very appreciative of the continued support of Mr. Sprott and are pleased that he has significantly increased his ownership in Discovery. These investments ensure we are well funded to pursue exploration plans for our Cordero silver project, and also for our Coahuila silver-zinc-lead projects. For Discovery shareholders, this private placement is a strong endorsement of our future business plans.”

New Gold Reports Strong Third Quarter Production and Reaffirms Annual Production Guidance

“The Company has delivered another quarter of strong operational performance from both assets, which positions the Company to achieve its annual production guidance. I would like to congratulate the Rainy River team on delivering the fourth consecutive quarter of improved performance as we reposition the mine for long-term success. The New Afton team reported another solid quarter of in-line results as we continue to advance the development of the C-zone and unlock the long-term potential of that asset. As we enter the final quarter of this pivotal year, we have made significant progress at both operations, strengthened our balance sheet as we re-position the Company for long-term success and shareholder value creation.” stated Renaud Adams, CEO.

SSR Mining Reports Third Quarter 2019 Production Results

Paul Benson, President and CEO said, “During the third quarter, we delivered over 100,000 gold equivalent ounces from our three operations, with each mine achieving solid production results and operating performance. Each operation continues to track well against our improved production guidance for the year, positioning us to meet or exceed consolidated production guidance for the eighth consecutive year.”

Torex Gold Responds to Recent Shareholder Letter

Torex Gold Resources Inc. maintains regular and open dialogue with all shareholders and stakeholders. As part of our open dialogue, we welcome and consider all feedback from shareholders and consider such feedback in the Board’s regular review processes. The Board, as it always has, uses best practices to ensure that there are no circumstances which would interfere with the execution of a director’s fiduciary responsibility to Torex and its shareholders.

Vizsla soars 78% on Copala-Panuco option news

Vizsla Resources Corp.’s shares were up by almost 80% Wednesday October 9 following a resumption of trading that came after the company said it had received conditional approval from the TSX Venture Exchange to acquire Canam Alpine Ventures Ltd., a company that holds underlying options on the Copala-Panuco silver district in Sinaloa, Mexico.

Colibri Resource Corporation Announces Private Placement

Colibri Resource Corporation wishes to announce that, subject to regulatory approval, it has completed a private placement in the amount of 3,260,000 units for gross proceeds of $163,000 and incurred cash commissions of $4,200.

San Marco to Raise $ 0.5 Million In Flow-through Private Placement

The proceeds of the private placement will be used to incur “Canadian Exploration Expenses” on the exploration on the Buck property which qualify as “Flow-Through Mining Expenditures” under the Income Tax Act. Such expenditures will be renounced to subscribers effective December 31, 2019.

All News