Tag: Investor’s Corner

Avino Silver & Gold Mines Ltd. and Bralorne Gold Mines Ltd.: Further to their joint news release dated June 30, 2014, Avino and Bralorne have executed a binding arrangement agreement whereby Avino will acquire all of the outstanding common shares of Bralorne which Avino does not already own by way of a plan of arrangement under the Business Corporations Act (British Columbia). Upon completion of the Arrangement, it is anticipated that approximately 2,636,857 common shares of Avino will be issued to former Bralorne shareholders to acquire Bralorne, which holds an undivided 100% legal and beneficial interest in the operating Bralorne gold mine in British Columbia.

Xtierra Inc. announces that it has now published and filed its unaudited interim financial report for the three and six month periods ended June 30, 2014 together with its Management’s Discussion and Analysis for the same period. These documents are available on the Company’s website at www.xtierra.ca and on SEDAR under the Company’s profile at www.sedar.com.

Osisko Gold Royalties reported today the second quarter net earnings of $1,645,276,000 ($36.69 per share), including a gain of $1,647,526,000 ($36.74 per share) from discontinued operations. For the year-to-date, the Company generated net earnings of $1,669,517,000 ($37.60 per share), including net earnings from discontinued operations of $1,675,263,000 ($37.73 per share).

El Tigre Silver Corp. announces that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gracia Property in northern Sinaloa, México, is reporting the delivery for sale of approximately 200 Oz. gold contained in gravity concentrates (exact weights in gold and silver oz. to be determined at final settlement).

Hecla Mining Company today announced a second quarter net loss applicable to common shareholders of $14.5 million, or $0.04 per share, and a loss after adjustments applicable to common shareholders of $0.8 million, or $0.00 per share.1 Second quarter silver production was 2.5 million ounces at a cash cost, after by-product credits, per silver ounce of $5.34.2

New Gold Inc.today announces its second quarter 2014 operational and financial results. The company produced 89,460 ounces of gold at all-in sustaining costs of $745 per ounce, which led to $59 million, or $0.12 per share, in net cash generated from operations.

GOLDCORP INC. today reported adjusted quarterly revenues1 of $1.1 billion, generating adjusted net earnings1,2 of $164 million, or $0.20 per share, compared to $117 million, or $0.14 per share, in the second quarter of 2013. Reported net earnings attributable to shareholders of Goldcorp were $181 million, or $0.22 per share, compared to $(1,934) million, or $(2.38) per share, in the second quarter of 2013.

“We produced 33,000 ounces in the second quarter of 2014 at total cash costs of $663 per ounce, again below our full year cost guidance and providing strong operating cash flow, before changes in non-cash working capital of $13.2 million,” said John A. McCluskey , President and Chief Executive Officer.

Red Tiger Mining Inc. today reported its financial and operating results for the year ended December 31, 2013 and for the three months ended March 31, 2014. This press release should be read in conjunction with the Company’s audited Financial Statements for the year ended December 31, 2013, the unaudited Financial Statements for the three months ended March 31, 2014 and Management’s Discussion and Analysis for the corresponding periods, available on the Company’s website at www.redtigermining.com and on SEDAR at www.sedar.com.