Tag: Investor’s Corner

Gold Resource Corporation reported its production results for the third quarter ended September 30, 2013 of 21,244 ounces precious metal gold equivalent (“AuEq”, calculated at actual sales price ratio of 65:1). Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $90 million to shareholders in monthly dividends since production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Good morning. My name is Jessica and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Third Quarter 2013 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers¡¯ remarks, there will be a question-and-answer session. (Operator Instructions). Thank you. Ms. Bridget Freas, you may begin your conference.

NWM Mining Corporation is pleased to provide an updated mineral resource and reserves estimate at the company’s Lluvia de Oro project. Total reserves for the project — which encompasses the Creston and Gold Ridge mines and the Jojoba deposit – are now estimated at 600,000 ounces (43 million tonnes at a combined grade of 0.43 g/t gold). The new reserve estimate represents a 56% increase from the previous estimate completed in 2010.

AuRico Gold Inc. reports financial results for the three and nine months ended September 30, 2013. The Company will host a conference call on Friday, November 8, 2013 beginning at 8:30 a.m. Eastern Time.

Westminster Resources Ltd announces it has settled on terms to undertake a private placement with Global Resources Investments Ltd. Westminster is seeking to raise $1,000,000 through the sale of 20,000,000 common shares at $0.05 per share.

Further to Defiance Silver Corp.’s news release of September 25, 2013, the Company announces that it has re-negotiated its private placement with Global Resources Investments Ltd. The Company will be seeking to raise $357,000 through the sale of 5,100,000 common shares at $0.07 per share.

On Tuesday, November 5, 2013, via a public conference call, the management team of Odyssey Marine Exploration, Inc. reported to shareholders on a number of positive corporate developments, along with an increasingly positive outlook for remainder of the year and through 2014.

Great Panther Silver is showing marked improvements at its operations from the previous quarter, with its third quarter financials announced today providing no better proof of its efforts through lower cash costs, higher production, and better operating margins and cash flow.

The Canada based gold miner, Yamana Gold (AUY), has one of the lowest cash costs in the industry and strong growth profile which makes it one of the most attractive investments in the gold industry. The company is looking at a strong finish to 2013 as production at Gualcamayo increases significantly and a number of other mines are also expected to ramp up for the final quarter. Production at Gualcamayo, one of the largest gold mines in Argentina and in the world, is expected to increase significantly as the company commences operations in Phase III and begins operations at QDD Lower West. AUY has one of the lowest cash costs in the industry and while staying in the lowest cost quartile the company is expected to grow production by 15% in 2014. Moreover, with an expected drop in development spending in 2014, AUY’s FCF performance should also improve next year.

Timmins Gold Corp. is pleased to announce the results of the recently completed NI 43-101 Technical Report for the San Francisco Gold Mine in Sonora, Mexico prepared by Micon International Limited of Toronto. The report was prepared to update the previous technical report for the SF Mine dated November 1, 2011, and to provide a base case scenario for production at the SF Mine as a result of a material increase in the estimated Mineral Reserves from the 2012-2013 drill program (43% increase in Reserve gold ounces excluding depletion). For details of the updated Reserve and Resource estimates please refer to our new release dated November 5, 2013 disseminated earlier today. All amounts are presented in United States dollars and the economic evaluation is presented on a pre-tax basis.