Tag: Investor’s Corner

Fortuna Silver Mines Inc. announces that its October 17, 2013 news release entitled “Fortuna Silver increases San Jose silver reserves by 22% and silver inferred resources by 39%” contains typographical errors in the table providing the detail of Measured and Indicated Mineral Resource estimates for the San Jose Mine located in Oaxaca, Mexico. Accordingly, the table headed “Mineral Resources – Measured and Indicated” in the Release is retracted and the following substituted in its place:

Investing in minerals-focused junior companies is not for everyone, and is often left to highly sophisticated investors and speculators; however, some investors include juniors in their portfolios for the sake of diversification.

Vale informs that its Board of Directors approved today the payment of the second installment of the 2013 minimum dividend of US$ 1.750 billion (R$ 3,785,075,000.00), and an additional dividend of US$ 500 million (R$ 1,081,450,000.00). Thus, the gross amount to be paid is US$ 2.250 billion (R$ 4,866,525,000.00), equivalent to US$ 0.436607084 (R$ 0.944337462) per outstanding common or preferred share.

Fortuna Silver Mines Inc. is pleased to announce updated Mineral Reserve and Mineral Resource estimates as of July 4, 2013 for the San Jose Mine located in Oaxaca, Mexico. Included in the update is an initial estimate of the Mineral Resources for the Trinidad North discovery.

Mexican precious metal miner Fresnillo PLC (FRES.LN) Thursday reported a decline in gold production for the quarter ended Sept. 30 as ore grades fell.

VVC Exploration Corporation is pleased to announce that further to its news release of October 3, 2013 and the final approval of the TSX Venture Exchange of October 9, 2013, it has closed its previously announced acquisition of all issued and outstanding shares of Camex Mining Development Group Inc. in exchange for the issuance of 59,900,000 common shares of the Company to the shareholders of Camex.

Argonaut Gold Inc. announced today that the Company had gold production of 26,690 ounces during the 3rd quarter ended September 30, 2013. This included 22,756 ounces at its 100% owned El Castillo Mine located in Durango, Mexico and 4,234 ounces of gold at its 100% owned La Colorada Mine located in Hermosillo, Mexico.

Scorpio Mining Corporation reports that production from the Nuestra Señora Operations in the third quarter, ended September 30, 2013 totalled 523,780 silver equivalent ounces.

First Majestic Silver Corp. is pleased to announce that total production at its five operating silver mines in Mexico for the third quarter ending September 30, 2013, reached a new quarterly record of 3,370,457 equivalent ounces of silver, representing a 38% increase compared to the same quarter in 2012.

Gold Resource Corp says that gold production at its El Aguila mine in Mexico increased in the third quarter from the prior period but fell slightly year-over-year.