Production levels expected to accelerate during remaining three quarters of 2013. Growing contribution from gold relative to silver as gold production rises at U.S. operations.

Silvercrest Mines (SVLC) is a precious metals miner operating the Santa Elena Mine in the Mexican state of Sonora and developing the La Joya project further to the South in the state of Durango. The year 2012 has been the first full year in production at the Santa Elena mine and Silvercrest has managed to outperform market expectations by exceeding guidances and reporting revenues of $70.5M and a net income of $30.5M. The market capitalisation is $254M and the forward P/E is listed as 7.61 on Yahoo.com. The development of the Santa Elena mine was partly financed by a streaming agreement with Sandstorm Gold (SAND).

Este año la Minera Frisco casi triplicará su producción de oro, que cayó 26% en el 2012. La empresa ya concluyó la expansión de dos minas en Baja California y Zacatecas. Además, a mediados de año abrirá dos nuevos desarrollos en Chihuahua.

Aurcana’s CEO Discusses Q4 2012 Results – Earnings Call Transcript

Prospero Silver Corp. reports that it has filed its financial results for the year ended December 31, 2012.

Baja Mining Corp. announces that further to Baja’s February 12, 2013 news release, it has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. that the third standstill agreement which expired March 31, 2013 has been amended and restated to extend the standstill period to April 19, 2013.

McEwen Mining Inc. (MUX, MUX.TO), which fell 3.5% Thursday, announced that a new gold zone is emerging at its El Gallo 1 Mine in Sinaloa, Mexico. Nine core holes were drilled in a new area called “Central”. Drilling has returned encouraging grades and widths between two planned open pits and has opened up a large area for additional exploration. These results have the potential to both increase the size of the gold resource and extend the mine life. In addition, two holes encountered some of the deepest mineralization to date at El Gallo 1, demonstrating the potential for higher-grade underground mining. The Central Zone is open laterally (along strike) and at depth.