Month: April 2011

Aurcana Corp down 8.14 %

Aurcana Corp. (TSXV:AUN). Mineral explorer/developer. Down seven cents, or 8.14 per cent, at 79 cents on 19,470,277 shares. The Vancouver-based company’s stock slipped despite reporting record production in the first quarter at its La Negra silver mine in Mexico.

Pan American Stock Hits New 52-Week High (PAAS)

NEW YORK (TheStreet) — Pan American Silver Corporation (Nasdaq:PAAS) hit a new 52-week high Friday as it traded at $42.35 compared with its previous 52-Week high of $42.33. Pan American is changing hands at $42.35 with 2.5 million shares traded as of 11:42 a.m. ET. Average volume has been two million shares over the past 30 days.

Yamana Gold Higher With High Volume

New York, April 8th (TradersHuddle.com) – Unusual high volume detected on shares of Yamana Gold Inc. (NYSE:AUY), early in the trading session. Yamana Gold is currently trading higher by 2.64%, so definitely the buyers stepping in, as the stock’s volume is on pace to break its average.

Silver Standard Reaches New 52-Week High

NEW YORK (TheStreet) — Silver Standard Resources (Nasdaq:SSRI) hit a new 52-week high Thursday as it traded at $34.72 compared with its previous 52-Week high of $34.61. Silver Standard is changing hands at $34.27 with 353,136 shares traded as of 10:37 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.

Newmont Announces Plan to Increase Annual Gold Production to Approximately 7 Million Ounces by 2017

Newmont Mining Corporation (NYSE: NEM) will discuss today at its annual Investor Day conference the comprehensive plan for the development of its current global portfolio of assets that would increase annual gold production to approximately 7 million ounces by 2017. This production target represents a potential aggregate increase of approximately 35% in anticipated 2017 annual production from the Company’s previously announced 2011 attributable gold production outlook of 5.1 to 5.3 million ounces. The Company also announced a new dividend policy that will link its quarterly dividend payment to Newmont’s average realized price of gold sales.

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