Month: November 2012

Mundoro Announces Q3 Financials and Comprehensive Governance Policies

Mundoro Capital Inc. announces the filing of the Company’s financial results for the quarter ended September 30, 2012. The highlights provided in this release should be read in conjunction with the Company’s quarterly financial statements and Management Discussion and Analysis, which are available on SEDAR at www.sedar.com and at the Company’s website. All dollar amounts are in U.S. dollars unless otherwise stated.

Gold Miners Perched On The Knife’s Edge

Rampant debt, credit deflation and impotent monetary policies are fueling a bull market for gold and gold equities according to Jay Taylor, editor and publisher of J. Taylor’s Gold, Energy & Tech Stocks. His Progress A1 companies were up a combined 22% as of Oct. 17. Taylor shares those names and some lesser-known stories in this Gold Report interview.

New Gold Announces Launch of $500 Million Senior Notes Offering

New Gold Inc. today announces that it intends to offer a $500 million aggregate principal amount of Senior Notes due 2022. The interest rate and other terms of the Notes will be determined based on prevailing market conditions. New Gold intends to use the net proceeds of the Notes for general corporate purposes.

Pan American Silver increases quarterly silver production

Pan American Silver Corp. produced 6.3 million ounces of silver and 28,162 ounces of gold during the third quarter of 2012, an increase of 13% and 36%, respectively, as compared to the same quarter of 2011. Lower realized precious metal prices and rising costs, however, saw adjusted earnings dip to $37.6 million, or $0.25 per share.

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