Southern Copper Corporation announced today a quarterly dividend of 24 cents per share of common stock, payable on Aug 28, 2012, to shareholders of record at the close of business on Aug 15, 2012.
Riverside Resources Inc. announces that it has acquired ownership of and control over 1,550,388 common shares of Sierra Madre Developments Inc. representing approximately 2.18% of the issued and outstanding common shares of Sierra Madre. As a result, Riverside now has ownership and control over 8,409,656 common shares of Sierra Madre, representing approximately 11.8% of Sierra Madre’s issued and outstanding shares.
Cream Minerals Ltd. announces the completion of the updated mineral resource estimate at the Company’s 100% owned Nuevo Milenio Silver-Gold Project in Nayarit State, Mexico. The Company also announces that the Board of Directors has initiated a review of Cream’s strategic alternatives intended to maximize shareholder value. A Special Committee of independent directors (“the Special Committee”) has been appointed.
Avino Silver & Gold Mines Ltd. is pleased to provide the following update of activities at its mine operation located near Durango, Mexico.
Fortuna Silver Mines Inc. is pleased to announce the appointment of Mr. Robert Brown as Vice President of Corporate Development effective August 1st, 2012.
Cayden Resources, a junior mining firm, has reported that the high-grade values of gold have been sampled in a fresh trench from the companys La Magnetita target located in the Morelos Sur gold project in Mexico.
Agnico-Eagle Mines Ltd announced its financial results for the three and six months ended June 30, 2012. Net income of $43.3 million or $0.25 per share was reported for 2Q, compared to $68.8 million net income or $0.41 per share for 2Q 2011. For the first six months of 2012, net income was $121.8 million or $0.71 per share, compared to $114.1 million or $0.68 per share for the first six months of 2011. Revenues for the first six months of 2012 were $390.6 million, compared to $337.6 million for the same period in 2011.
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