Category: Investor’s Corner

Yamana Gold Introduces Dividend Reinvestment Plan

YAMANA GOLD INC. today announced it has adopted a Dividend Reinvestment Plan commencing with the previously announced first quarter 2015 dividend. The introduction of the DRIP responds to feedback from shareholders and provides further support to shareholders by offering an opportunity to increase investment in the Company without additional transaction costs by receiving dividend payments in the form of common shares of the Company.

Hecla Reports Record Sales of $501 Million for 2014

Hecla Mining Company today announced 2014 sales of $500.8 million and gross profit of $85.2 million, with net income applicable to common stockholders of $17.3 million, or $0.05 per basic share, and an adjusted net income applicable to common stockholders of $5.6 million, or $0.02 per basic share.

Capstone Mining 2014 Financial Results Highlight Significant Cash Flow Generation

Capstone Mining Corp. today announced its financial results for the year ended December 31, 2014, with operating cash flow before changes in working capital for the year a record $199.4 million. Notwithstanding this strong performance, Capstone posted a loss for the year of $22.4 million due to non-cash charges of $55.8 million, including $36.2 million related to a write down of inventory and capitalized mineral property costs at Minto, $11 million related to the impairment of available-for-sale securities and $8.6 million in the carrying value of the Kutcho development project. Copper production during the year at Capstone’s three operating mines totalled 103,353 tonnes of copper in concentrates and cathode (99,739 tonnes of payable copper) at a C1 cash cost of $1.93 per payable pound of copper produced.

Lowell Copper Announces Grant of Options

Lowell Copper Ltd. announces that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 1,800,000 common shares in the capital stock of the Company. The options are exercisable at a price of $0.45 per common share, will expire on February 13, 2020 and will vest in four equal parts over two years after the grant.

Hecla Reports Record Silver Reserves for 9th Year in a Row

Hecla Mining Company today reported the results from another successful year of exploration, achieving record silver reserves despite the use of reduced metals prices for the calculation, and net of 2014 silver production.

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