Category: Investor’s Corner

“Production remains on track to meet guidance for the year, with grade and tonnage during the quarter generally in line with the mine plan for the period,” stated Brendan Cahill, President and Chief Executive Officer. “We remain focused on the optimization project for Platosa and existing pump infrastructure is already being upgraded. The second phase of the program is expected to commence prior to the fall and will initially focus on preparatory test work in advance of drilling dewatering wells and underground drain wells.”

Fred Stanford, President and CEO of Torex stated: “The 2015 mine plan delivers slightly more gold ounces overall, with more ounces produced earlier in the mine life. The Guajes resource has been reduced by approximately 9% based on new understandings obtained from the Media Luna evaluation, as to which intrusive dikes and sills in the ore zone came after the mineralization phase. However, the addition of El Limón Sur reserves to the mine plan has more than offset the difference…”

“Santacruz has delivered solid production performance at the Rosario Mine in Q2,” stated Arturo Préstamo, CEO of Santacruz. “Since the resumption of operations we have delivered increases in throughput and better dilution control resulting in improved head grade on a month over month basis resulting in 60% more silver equivalent ounces being produced in June as compared with April. Our operational staff has performed admirably in the face of the challenging markets putting the Company solidly on a path of improved efficiency and reduced costs — both of which are critical in the face of soft commodity prices…”

“We are pleased to report that second quarter operating results met our expectations and demonstrated improvements across the organization, in line with our long term strategy of increasing vertical integration, emphasizing specialty products, diversifying end markets and broadening our geographical reach…”

NWM Mining Corporation announces that that it has received today a final order from the Ontario Superior Court of Justice (Commercial List) approving the proposed arrangement among NWM, GFM Minería, S.A.P.I. de C.V. and one of its affiliates, and the Company’s lender, Global Resource Fund previously announced on June 8, 2015.

Los bonos de Southern Copper Corp., la gigante cuprífera que controla Larrea, han caído 4.6% desde que se vendieron en abril conforme bajan los precios y la compañía gasta efectivo.

Tamino Minerals, Inc. is working with their geologists to expand the team that will begin the exploration program in Q3, 2015.

Premier Gold Mines Limited is pleased to announce that Mr. Ron Little has agreed to join the Company’s Board of Directors. Ron brings to Premier a strong history in corporate development, mine development and project finance experience.

Gold Resource Corporation reports preliminary production results for the second quarter ended June 30, 2015 of approximately 6,788 ounces of gold, 580,326 ounces of silver and significant base metals during a challenging second quarter…

McEwen Mining Inc. is pleased to announce it has received reimbursement for approximately 80% of the fair value of the loss due to the robbery that occurred on April 7th, 2015 at the El Gallo Mine. Consequently, the financial impact of the robbery is reduced to approximately US$1.6 million, and McEwen Mining now has cash and precious metals totaling US$33 million.