Category: Investor’s Corner

Primero Advises of Delay in Silver Revenue Due to Delay in Mexican Exports

Primero Mining Corp. today advises that as a result of a delay in exports from its San Dimas mine in Mexico, its subsidiary Primero Empresa Minera S.A. de C.V. has been delayed in selling silver. As a result approximately 880,000 ounces of silver were not sold during the second quarter of 2015, representing approximately $6.5 million in delayed revenue.

GoGold Produced 408,024 Silver Eq Ounces, an increase of 29% With Cash Costs of $5.54 per Silver Eq Ounce

Production for the quarter was 408,024 silver equivalent ounces which represents a 29% increase over the previous quarter. Tonnes stacked on the heap leach pad and Merrill Crowe throughput were both consistently at design levels throughout the quarter. Quarterly production has improved each quarter since commissioning began and this is expected to continue until the heap leach pad reaches equilibrium.

Capstone Mining 2015 Second Quarter Production Results

“We are pleased to report good results from our operational improvements at Pinto Valley with respect to mill reliability, and we approached our targeted run rate by the end of the second quarter,” said Darren Pylot, President and CEO of Capstone. “In total, second quarter production met our expectations, which called for lower grade at Pinto Valley. Improving performance at Pinto Valley and strong results from Minto offset the production short-fall at Cozamin.”

Goldgroup Provides Update on DynaResource, Inc. Injunction

Goldgroup Mining Inc. announces that on June 29, 2015 a Mazatlán Judge denied DynaResources de México, S.A. de C.V the request for an “amparo” ,which is, by Mexican Law, an appeal to the injunction obtained by Goldgroup against DynaMex regarding the 300 new shares of DynaMex issued in favor of DynaResource, Inc. The issuance of the DynaMex shares to DynaUSA diluted Goldgroup’s ownership interest in DynaMex with DynaUSA purporting to be an owner of 80% of DynaMex…

Cortez Gold Securityholders Approve Plan Of Arrangement

Starcore International Mines Ltd. and Cortez Gold Corp. are pleased to announce that the Cortez securityholders have approved the previously announced proposed acquisition of Cortez by Starcore, pursuant to a plan of arrangement
.

Avino Q2 2015 Production Up 167% Compared to Q2 2014

“I’m pleased to report another record quarter and a record half-year of production. During the first half of 2015, we produced almost 1.5 million silver equivalent ounces which exceeds the entire output for 2014 and puts us on pace to more than double production in 2015…” – David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

DynaResource, Inc. Closes $ 4 M USD Direct Private Placement of Series C Senior Convertible Preferred Stock and Provides Corporate Update

DynaResource, Inc., a minerals investment, management, and exploration company based in Irving, Texas, with a current focus on the San Jose de Gracia high grade gold project in northern Sinaloa State, Mexico, is pleased to announce that on June 30, 2015, the Company closed a financing agreement with Golden Post Rail, LLC, a Texas limited liability company…

Levon Announces Completion of Arrangement

Levon Resources Ltd. (formerly 1027949 B.C. Ltd.) is pleased to announce the completion of the previously announced plan of arrangement pursuant to which, among other things, SciVac Ltd. completed a reverse takeover of SciVac Therapeutics Inc. (formerly Levon Resources Ltd.) …

All News