Category: Investor’s Corner

Great Panther Silver Reports First Quarter 2013 Financial Results

Great Panther Silver Limited today reported financial results for the Company’s three months ended March 31, 2013. The full version of the Company’s financial statements and Management’s Discussion and Analysis can be viewed on the Company’s website at www.greatpanther.com, or on SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise indicated.

Primero Reports First Quarter 2013 Results; Record Quarterly Production and Expansion On-Track

Primero Mining Corp. today reported financial results for the first quarter ended March 31, 2013. The Company reported net earnings of $17.3 million ($0.18 per share) with adjusted net earnings(1) of $9.4 million ($0.10 per share). Operating cash flows(2) were $19.3 million ($0.20 per share). The Company also reported a strong cash position of $141.2 million as of March 31, 2013.

Timmins Gold Reports Record Profit From Operations of $19.3 million and Record Earnings Per Share of $0.10 for Q1 2013

Timmins Gold Corp. is pleased to report its financial results for the first quarter ended March 31, 2013. The comparative period is the three months ended March 31, 2012. All results are presented in United States dollars unless otherwise stated. Readers should refer to the 2013 management discussion and analysis and consolidated financial statements for complete information.

Capstone Mining 2013 First Quarter Financial Results Demonstrate Solid Progress and Growth

Capstone Mining Corp. today announced its financial results for the three months ended March 31, 2013. Net earnings for the quarter were $6.9 million and operating cash flow before changes in working capital(1) was $20.1 million. Capstone ended the quarter with cash on hand of $485.4 million, a $200 million credit facility and no long-term debt. Copper production for the quarter at Capstone’s two operating mines, Cozamin and Minto, totalled 18.6 million pounds in concentrates (17.9 million pounds of payable copper) at a C1 cash cost(1) of $1.72 per payable pound of copper produced.

Vista Gold Corp. Announces First Quarter 2013 Results And Provides Update On Recent Activities

Vista Gold Corp. today announced its unaudited financial results and highlights for the first quarter ended March 31, 2013. Management’s quarterly conference call to discuss these results is scheduled for 2:30pm MDT on May 8, 2013. The Company’s full financial results, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

GOLDCORP announces appointment of Russell Ball as Executive Vice President, Capital Management

Goldcorp Inc. today announced that Russell Ball will join the Company’s senior management team as Executive Vice President, Capital Management. Ball, 45, was most recently Executive Vice President and Chief Financial Officer for Newmont Mining Corporation. In his new role, Ball will lead the focus on financial discipline within Goldcorp’s project team as the Company continues to advance construction at Cerro Negro in Argentina, Éléonore in Quebec and Cochenour near Red Lake in Ontario. His group will also lead development at the Company’s next generation of gold growth projects and work with Goldcorp’s operations teams on project management at existing mines.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.