Tag: Investor’s Corner

Gold Resource Corporation Announces 2014 Preliminary Annual Production Results; Increases Gold Production By 4.7% and Silver Production By 8.7%

Gold Resource Corporation today announced preliminary 2014 fourth quarter and year-end mill production. Annual gold production increased by 4.7% and annual silver production increased by 8.7% over the prior year respective production totals. Due to 2014 metal market volatility, the Company’s production on a precious metal gold equivalent basis equated to approximately 19,057 AuEq ounces for the fourth quarter and 83,902 AuEq ounces at the year ended December 31, 2014, which was just below the Company’s 2014 annual production target of 85,000 AuEq ounces. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned over $102 million to shareholders in monthly dividends since commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Excellon Announces Resignation of Director

Excellon Resources Inc. announces that Joanne Ferstman has resigned from the Board of Directors of the Company effective today. Ms. Ferstman has served as a Director of Excellon since April 2013.

Southern Copper (SCCO) Beats Earnings in Q4, Sales Miss

Southern Copper Corporation posted net income of $348 million or 43 cents in the fourth quarter of 2014, down from with $406.2 million or 48 cents in the year-ago quarter. It however beat the Zacks Consensus Estimate of 37 cents.

Scorpio Mining Announces Fourth Quarter and Year End 2014 Results and 2015 Guidance

Scorpio Mining Corporation today announced production and preliminary cash costs for the fourth quarter and full year ending December 31, 2014 and provided guidance for 2015 for its Cosalá Operations and Galena Complex. Please note: the merger with U.S. Silver & Gold Inc. closed on December 23, 2014 and the results that follow reflect U.S. Silver & Gold operations for the full fourth quarter and all of 2014. All figures in $USD unless otherwise indicated.

New Gold Finishes 2014 Further Solidifying its Low-Cost Position; 2015 Scheduled to Deliver Production Growth In Gold, Copper and Silver

New Gold Inc. today announces its 2014 fourth quarter and full-year operational results, 2015 guidance and updated year-end mineral reserves and resources. The preliminary information provided for production, sales, all-in sustaining costs and total cash costs are approximate figures and may differ from the final results in the 2014 annual audited financial statements and management’s discussion and analysis.

Southern Copper Corp to Issue Quarterly Dividend of $0.10 on March 3rd (SCCO)

Southern Copper Corp declared a quarterly dividend on Monday, February 2nd, AmericanBankingNews.comreports. Shareholders of record on Tuesday, February 17th will be paid a dividend of 0.10 per share on Tuesday, March 3rd. This represents a $0.40 annualized dividend and a yield of 1.38%. The ex-dividend date is Monday, February 9th.

Goldcorp Inc. (GG) Declares Monthly Dividend of $0.05

Goldcorp announced a monthly dividend on Tuesday, February 3rd, Stock Ratings News reports. Stockholders of record on Thursday, February 12th will be paid a dividend of 0.05 per share on Friday, February 20th. This represents a $0.60 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend is Tuesday, February 10th.

Westminster Closes Unit Private Placement Financing

Westminster Resources Ltd. wishes to announce that it has closed the non-brokered private placement that was initially announced in its press release dated November 28, 2014. The placement will be 14,600,000 units at $0.05 per unit for gross proceeds of $730,000. Each unit will be comprised of one common share and one common share purchase warrant. Each two common share purchase warrants will entitle the holder to purchase one additional common share at $0.10 per share until February 3, 2017.

All News