Day: July 12, 2011

Dia Bras Files Revised Interim Financial Report

MONTREAL, QUEBEC, Jul 12, 2011 (MARKETWIRE via COMTEX) — Dia Bras Exploration Inc. (“Dia Bras” or the “Company”), announces that that it has filed today on SEDAR a revised Interim Financial Report for the three-month period ended March 31, 2011. The revised Interim Financial Report include in Note 23 (d) and (e) the equity reconciliation for March 31, 2010, and December 31, 2010, as required by IFRS 1 First Time Adoption of International Financial Reporting Standards. This revision had no impact of the operating results published by the Company for the three-month period ended March 31, 2011, in the Company’s news release dated June 30, 2011.

Alamos Gold Announces Director Resignation

Alamos Gold Inc. announces that its Board of Directors has accepted the resignation of Leonard Harris effective Tuesday, July 12, 2011, on the occasion of his 84th birthday.

AuRico Gold Reports Increased Production Profile, Record Operating Cash Flow and Record Net Free Cash Flow for the Second Quarter

AuRico Gold Inc. is pleased to announce preliminary results that include a significant increase in production as well as record operating cash flow and net free cash flow for the second quarter. During the quarter, the Ocampo mine produced 19% more gold equivalent ounces (realized) as compared to Q1 2011 at cash costs of $340 per realized gold equivalent ounce, resulting in a record margin of 77% or $1,171 per gold equivalent ounce. The Company¡¯s consolidated production for the quarter was augmented by solid production from the El Chanate mine that was acquired effective April 8, 2011.

Soltoro Announces $4.5M Financing With Coeur d’Alene Mines

TORONTO, ONTARIO–(Marketwire – July 12, 2011) – Soltoro Ltd. (TSX VENTURE:SOL) (“Soltoro” or the “Company”) is pleased to announce that Coeur d’Alene Mines Corporation (NYSE:CDE)(TSX:CDM) (“Coeur d’Alene”) has executed a term sheet to make a $4.5 million investment in Soltoro. Coeur d’Alene intends to purchase 4,500,000 common shares of Soltoro at $1.00 per share in a private placement transaction (the “Financing”) as an investment. Closing of the Financing is subject to the execution of a definitive subscription agreement and approval of the TSX Venture Exchange.

Great Panther Silver Reports Second Quarter Production

VANCOUVER, BRITISH COLUMBIA, Jul 12, 2011 (MARKETWIRE via COMTEX) — GREAT PANTHER SILVER LIMITED (the “Company”) reports second quarter (“Q2”) production at its two wholly-owned Mexican silver mining operations, Topia and Guanajuato.

All News