Goldcorp announced a monthly dividend on Tuesday, July 8th, AmericanBankingNews.com reports. Shareholders of record on Thursday, July 17th will be paid a dividend of 0.05 per share on Friday, July 25th. This represents a $0.60 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Tuesday, July 15th.
Formation Metals Inc. is providing an update to shareholders on recent corporate and cobalt sector developments. Over the last few months, Formation has been actively pursuing several opportunities resulting from the significant increase in long term demand for cobalt from the rechargeable battery sector required for electric vehicles and hybrid electric vehicles where cobalt is one of the key components.
Endeavour Silver Corp. reports strong silver and gold production results in the Second Quarter, 2014, trending ahead of guidance year to date. The Company owns and operates three silver-gold mines in Mexico: the Guanaceví mine in Durango state and the Bolañitos and El Cubo mines in Guanajuato state.
Avino Silver and Gold Mines Ltd. is pleased to announce that further to its press release dated June 26, 2014, it has privately acquired 9,500,000 common shares of Bralorne Gold Mines Ltd. for a purchase price of CAD$0.28 per share (CAD$2.66 million in total), representing approximately 33.3% of Bralorne’s total issued and outstanding shares. Other than 179,149 common shares of Bralorne previously held by Avino, neither Avino, nor any other persons acting jointly or in concert with Avino, previously held any other securities of Bralorne. Accordingly, Avino owns upon completion of the transaction, a total of 9,679,149 common shares of Bralorne, representing approximately 34% of the total issued and outstanding shares of Bralorne.
Agave Silver Corp. today announced that Dr. Darryl Drummond, P.Eng. has retired from the Board of Directors of the Company effective immediately. Dr. Drummond will remain with the Company in an advisory capacity on an ad hoc basis as required. Additionally, the Company is pleased to announce that Dr. Derek McBride, P.Eng. (Ontario/British Columbia) and Mr. Rob Paul have been appointed to the Board of the Company effective immediately.
An active gold mine in Amador County could have a new major shareholder as part of a debt restructuring for Sutter Gold Mining Inc.
YAMANA GOLD INC. today announced Barry Murphy has joined the Company’s senior management as Senior Vice President, Technical Services, effective September 3, 2014. In his new role, Mr. Murphy will be responsible for all project development and construction, and help develop Yamana’s strategy for optimizations, expansions and corporate development.
Coeur Mining, Inc. today announced preliminary second quarter production of 4.5 million ounces of silver and 61,025 ounces of gold, or 8.1 million silver equivalent ounces1, an increase of 7% compared to the first quarter.
Westminster Resources Inc reports that it has received notice from Capstone Mining Corp. terminating the option agreement on the Cumbral – San Bartolo project located in Sonora, Mexico.
En conjunto con Siemens Metals Technologies, la firma siderúrgica abastecerá e instalará los equipos necesarios para el nuevo proceso de desgasificado. La nueva planta será establecida en el complejo de AHMSA de Monclova, Coahuila.
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