Day: February 28, 2011

Record attributable silver production of 38.6 million ounces, up 1.7%

LIMA -(Dow Jones)- Peru and Mexico are again jockeying for bragging rights as the world’s largest silver miner.

Traders are taking aim at commodity stocks today, with option activity ramping up on sector peers Coeur d’Alene Mines Corporation (CDE) and Silver Standard Resources Inc. (SSRI). CDE is in the spotlight after a solid showing on the earnings front, while SSRI is also attracting some bullish attention.

Shares of Coeur d Alene Mines Corp (CDE) saw unusually high trading volume on Monday. Approximately 4,026,256 shares changed hands during mid-day trading, an increase of 64.17% from the previous session. The stock last traded at $30.93.

Agnico-Eagle (AEM) is a Toronto based Gold producer with operating mines in North America and Finland. Formed in 1972 from the merger of Agnico Mines and Eagle Gold Mines, Agnico-Eagle is focused on a strategy of acquiring and developing quality projects in low risk regions of the world.

Mexico’s mining production rose 6.3% in December from the same month a year earlier, led by a rise in copper output as production resumed at the country’s largest copper mine after a three-year shutdown.

DENVER, CO–(Marketwire – 02/28/11) – Gold Resource Corporation (GORO) (AMEX:GORO) is pleased to announce it has declared its eighth Special Cash Dividend of $0.03 per common share to its shareholders of record March 18, payable March 25, 2011. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

Higher metals prices have prompted greater interest in mining operations, and the Mexico exchange traded fund (ETF) could benefit from the influx of cash in merger and acquisitions in Mexico’s mining sector.

Valley High Ventures Ltd. is pleased to announce that on February 18, 2011 it obtained an interim order of the Supreme Court of British Columbia authorizing, among other things, the holding of an annual and special meeting of holders of its common shares and options on March 22, 2011 in Vancouver, British Columbia. Meeting materials have been mailed to Valley High’s shareholders of record as at February 16, 2011. Notice of the meeting and record dates have been filed with the appropriate regulatory authorities and are available on SEDAR at www.sedar.com.

FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the “Company” or “First Majestic”) is pleased to announce the audited consolidated financial results for the Company for the year ending and fourth quarter ending December 31, 2010. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site at www.firstmajestic.com, on SEDAR at www.sedar.com and EDGAR at www.sec.gov.

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