Tag: Investor’s Corner

Silver production was higher in the quarter due to the standout performance from our most important mine, Greens Creek, with higher gold and silver grades and recoveries than the first quarter of 2018, said Phillips S. Baker, Jr., Hecla’s President and CEO. As we indicated with our technical report we expected higher grades at Greens Creek. The Lucky Friday also contributed with more silver production in the quarter than was achieved all of last year. San Sebastian production was about the same as last year’s fourth quarter. Quarterly gold production was higher than last year, but we expect significant production increases from Casa and the Nevada assets in the second half of the year.

Camrova Resources Inc. announces that it has issued 200,000 common shares and 200,000 common share purchase warrants in the second tranche of the previously announced private placement of units of the Company for proceeds of $12,000. This brings the total raised in the first two tranches of the Private Placement to 1,096,667 common shares and 1,096,667 Warrants for total combined proceeds of $65,800. The third and final tranche of the Private Placement is expected to close in early May.

Christian Grijalva, CEO of San Marco, stated, We are excited about the outlook for San Marco in the months ahead. The Company maintains a comfortable working capital balance and relatively tight share structure. This, combined with the Company’s current suite of property assets and extensive in-country intelligence to source possible new acquisitions under reasonable terms, provides the Company numerous avenues to bring growth and value for its shareholders. We look forward to providing additional details as our work progresses.

Goldcorp Inc. and Newmont Goldcorp Corporation today announced the successful conclusion of the transaction combining Newmont Mining Corporation and Goldcorp to form the world’s leading gold business.

Oroco Resource Corp. is pleased to announce that it has closed a non-brokered private placement financing through which the Company has raised proceeds of $800,000 by way of the sale of a total of 3,200,000 units at a price of $0.25 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant will be exercisable into one additional common share for a period of 18 months from closing at a price of $0.40 per share.

The Venture 50™ is an annual ranking of Canada’s top 50 emerging publicly traded companies across five industry sectors: Mining, Oil & Gas, Clean Technology and Life Sciences, Diversified Industries, and Technology. The ranking is based on a ranking formula with equal weighting given to market capitalization growth, trading volume amount and share price appreciation. All data was as of December 31, 2018.

Robert Johansing, CEO of Aura stated, We are very pleased to have Minaurum advance the Taviche project. Minaurum is a regional explorer focused on the exploration and development of high-grade gold and silver projects in Mexico and is led by experienced exploration and management teams. This transaction assures that exploration will continue at the Taviche project allowing Aura to realize value for its investment in the project and to focus on new opportunities.

Gold Resource Corporation reports preliminary production results for the first quarter ended March 31, 2019 of approximately 6,538 ounces of gold, 364,653 ounces of silver and significant base metals.

Gold Resource Corporation announced the appointment of Ms. Kimberly Perry to the Company’s Board of Directors effective April 11, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $111 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

We had a solid start to 2019 with first quarter production totaling 6.3 million silver equivalent ounces,” said Keith Neumeyer, President and CEO. “Pure silver production increased 2% to 3.3 million ounces as a result of higher grades at the San Dimas and La Encantada mines. The commissioning progress of the new La Encantada roaster improved in the month of March but remained below throughput guidance for the full quarter. Nevertheless, La Encantada recorded a significant 60% increase in silver production in the quarter due to higher grades and tonnes processed. Finally, we continue to expect our investments in new innovations such as high-intensity grinding and microbubbles to begin to bear fruit in the second half of 2019 with higher recoveries and production at the Santa Elena, La Encantada and La Parrilla operations.