Category: Investor’s Corner

“The second quarter marked an important time for Silver Standard’s future. With the acquisition of the Marigold mine complete, we have grown substantially to become the operator of two large open pit mines,” said John Smith, President and CEO. “Our silver-equivalent production and sales increased by 81% and 91%, respectively, compared to the first quarter and we are on track to achieve improved results for the remainder of 2014. We continue to focus on the optimization and life-of-mine plan for Marigold and consistent delivery at Pirquitas. With the addition of our second producing mine, a healthy balance sheet and proven management capability, we are positioned for further growth and success.”

Hecla Mining Company today announced preliminary production results¹ for the fourth quarter and full year 2014, with strong performance from all three mines and the Company exceeding annual gold and silver production guidance.

Candente Gold Corp. is pleased to announce, subject to regulatory approval, that it has agreed to carry out a non-brokered private placement (the “Private Placement”) of approximately 16,666,666 common shares at a price of Cdn$0.03 per common share to raise gross proceeds of approximately Cdn$500,000.

Aurcana Corporation is pleased to report the Q4 2014 production results of 1,000,214 ounces silver equivalent compared to 698,665 in Q4 2013, an increase of 43%, resulting in 3.7 million ounces of silver equivalent produced in 2014. Silver production increased 33% to 374,507 in Q4 2014, compared to 281,558 in Q4 2013.

Capstone Mining Corp. today announced operating results for the three and twelve months ended December 31, 2014 for its three operating mines: Pinto Valley, Cozamin and Minto. Combined production totalled 23,100 and 103,300 tonnes of copper (in concentrates and cathode) in the fourth quarter and full year 2014, respectively, with additional by-products of zinc, molybdenum, lead, silver and gold.

Total production during 2014 reached a new record of 15,257,958 equivalent ounces of silver, representing a 19% increase over 2013. The equivalent silver production for 2014 consisted of 11,748,721 ounces of silver, 12,283 ounces of gold, 39,192,908 pounds of lead and 13,130,378 pounds of zinc.

Record gold production of 886,000 ounces in the fourth quarter, resulting in 2014 gold production of a record 2.871 million ounces.
All-in sustaining costs2 total approximately $1,045 per ounce in the fourth quarter of 2014; all-in sustaining costs decreased 6% to approximately $950 per gold ounce for 2014.
Forecast 2015 gold production to grow approximately 20% to between 3.3 and 3.6 million ounces, in line with previous Company guidance after divestitures of Marigold and Wharf mines.

YAMANA GOLD INC. today announced it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and National Bank Financial Markets under which the Lead Underwriters have agreed to buy on a bought deal basis by way of a short form prospectus, 49,100,000 common shares of Yamana at a price of C$5.30 per Share for gross proceeds of C$260,230,000. In addition, the Company has agreed to grant to the Underwriters an option to purchase from the Company up to an additional 7,365,000 Shares at a price of C$5.30 per Share, on the same terms and conditions as the Offering, exercisable any time, in whole or in part, until the date that is 30 days after and including the closing date of the Offering. If the Over-Allotment Option is exercised in full, the total gross proceeds to Yamana will be C$299,264,500.

Magino Metallurgical Column Test Work Shows Results of up to 70% Recovery The San Agustin Preliminary Economic Assessment Results indicate a Projected Gold Equivalent Ounce (“GEO”) Production of over 540,000 Ounces and an After-Tax Internal Rate of Return of 22%

Endeavour Silver Corp. reports record silver production of 2,009,172 ounces in the Fourth Quarter, 2014 (up 4% compared to the Fourth Quarter, 2013) as well as 15,127 oz gold (down 14% compared to the Fourth Quarter, 2013) from the Company’s three operating silver mines in Mexico: the Guanaceví Mine in Durango State and the Bolañitos and El Cubo Mines in Guanajuato State.