Gold Resource Corporation declares its monthly instituted dividend of $0.03 per common share for July 2013 payable on August 23, 2013 to shareholders of record as of August 12, 2013. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.
Golden Tag Resources Ltd. announces the signing of a second amendment to its Joint Venture Agreement with Golden Minerals Company’s subsidiary ECU Silver. The JVA governs the parties’ San Diego multi-million ounce silver exploration project in Mexico. Under the first JVA amendment, Golden Tag acquired the right to increase its interest in the JV from 50% to 60% by solely funding the next US 3 million of additional exploration expenses by March 24, 2014. To date, the Company has expended approximately US 2 million of the exploration work requirement.
VVC Exploration Corporation is pleased to announce the results of due diligence evaluations of the Samalayuca copper/silver property in Chihuahua State, and the Escondida gold/silver property in Sonora State, owned by Camex Mining Development Group Inc. as part of the acquisition of Camex by VVC, and the results of reverse circulation (RC) drilling on VVC’s Cumeral gold/silver Property, in Sonora State, Mexico. The three properties were visited and evaluated by Peter Dimmell, P.Geo., a QP and a director of VVC, over two days in early July 2013.
Capstone Mining Corp. today announced its financial results for the three and six months ended June 30, 2013. Net earnings for the quarter were $9.2 million and operating cash flow before changes in working capital(1) was $28.6 million. Capstone ended the quarter with cash on hand of $459.7 million. Copper production for the quarter at Capstone’s two operating mines, Cozamin and Minto, totalled 19.3 million pounds in concentrates (18.6 million pounds of payable copper) at a C1 cash cost(1) of $1.70 per payable pound of copper produced.
Kootenay Silver Inc. is pleased to report on ongoing hydrologic work and environmental baseline studies required for the advancement of the Promontorio resource.
Innophos Holdings, Inc., a leading international producer of performance-critical and nutritional specialty ingredients, with applications in food, beverage, dietary supplements, pharmaceutical, oral care and industrial end markets, today announced its financial results for the second quarter 2013.
Avino Silver and Gold Mines Ltd. today announced that ithas been recognized by the governor of Durango, Mexico, Mr. JorgeHerrera Caldera for its outstanding efforts to improve safetyconditions for workers and employees as well as its contributions tolocal communities. The prestigious award is granted annually to thecompany who best demonstrates commitment to safety and outreach. Mr.Herrera Caldera intends to visit the mine site in the coming weeks.
United States Antimony Corporation reported it has pursued a Mexican strategy to generate antimony raw materials from a diversified base of historically productive mines within commercial transport distance from our mills and smelter in Mexico. The Wadley acquisition is complete and USAC now has 4 properties, Los Juarez, Guadalupe, Guadalupana, Soyatal in production.
McEwen Mining Inc. is pleased to announce an updated resource estimate for the El Gallo 1 mine in Sinaloa State, Mexico.
Gold Resource Corporation is saddened to announce an employee was fatally injured today in a rock fall accident at the La Arista underground mine. Underground operations have been temporarily suspended until an investigation, conducted by Gold Resource Corporations management and the Mexican Ministry of Labor and Social Security is completed over the next several days.
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