Category: Investor’s Corner

Harrison Pensa LLP commenced an action under the Class Proceedings Act, 1992 against Baja Mining Corp., certain of its former directors and officers and the company’s auditor, PricewaterhouseCoopers LLP. The action alleges that during the class period, the defendants made misrepresentations and/or failed to make timely disclosure of significant cost overruns and project delays related to Baja’s Boleo Project located in Baja California Sur, Mexico.

Proven and Probable mineral reserves at Mulatos decreased 15% to 1.73 million ounces at December 31, 2014, primarily reflecting mining depletion. The focus of the 2014 exploration program was on production drilling at San Carlos underground to further define the 2015 production model. Limited drilling was conducted targeting open pit mineral reserves…

Mexus Gold US announced today that the payment due on the sale of its San Felix property is now delinquent. The company is reviewing its options with legal counsel and will take the necessary steps to ensure the contract terms, conditions, and/or default obligations contained within the sales agreement are met.

Arian Silver Corporation, a silver mining company focussed on projects in the silver belt of Zacatecas, Mexico, is pleased to announce the release of its Management’s Discussion and Analysis and Financial Statements for the year ended 31 December 2014.

Paramount Gold and Silver Corp. announced today that its board of directors has approved the record and distribution dates for the previously announced spin-off of its wholly-owned subsidiary Paramount Gold Nevada Corp.

Layne Christensen Company today announced a number of significant new contracts signed within the last 90 days with an aggregate value of approximately $110 million. These contracts were awarded to Layne’s Geoconstruction, Inliner, Heavy Civil, Water Resources, and Mineral Services divisions. The majority of these projects are expected to be completed during the current fiscal year.

Fortuna Silver Mines Inc. is pleased to announce that it has amended and expanded its existing $40 million revolving credit facility with the Bank of Nova Scotia. The new credit facility consists of a $40 million non-revolving term loan and a $20 million revolving credit facility. The $40 million term loan has a four year duration.

Consolidated production of 647,000 silver ounces and 1.11 million silver equivalent ounces at a by-product cash cost of $14.33 and an all-in sustaining cost of $23.05 2 per ounce…

Marlin Gold Mining Ltd. is pleased to announce that it has entered into a definitive agreement pursuant to which Marlin has agreed to acquire, in an all cash transaction, all of the issued and outstanding common shares of Commonwealth Silver and Gold Mining Inc., a privately held entity, through a wholly owned subsidiary…

MAG Silver Corp. announces the Company’s audited consolidated financial results for the year ended December 31, 2014. For complete details of the annual financial statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.