Month: August 2013

Sierra Iron Ore provides corporate update on the development and field work program

Sierra Iron Ore Corporation is pleased to announce that it has made significant advancement to support the Company’s plan for an exploration/development field work program on the El Creston iron ore property. The program will include a preliminary pilot testing plant operation for the purpose of testing zones at the property.

First Solar Acquires US and Mexico Portfolio from Element Power

First Solar, Inc. announced today it has acquired a pipeline of U.S. and Mexico development assets from Element Power. The 1.5 GW pipeline includes geographically diverse projects in various stages of development. Terms of the deal were not disclosed.

Arian Silver Issue of Shares

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the Company has drawn down GBP 95,545 of its GBP 5 million Standby Equity Distribution Agreement with YA Global Master SPV Ltd, as announced by the Company on 27 September 2012.

Vista Gold Corp. Announces Second Quarter 2013 Results, Cost Reductions, And Provides Update On Recent Activities

Vista Gold Corp. today announced its unaudited financial results and highlights for the second quarter ended June 30, 2013. Management’s quarterly conference call to discuss these results is scheduled for 2:30pm MDT on August 6, 2013. The Company’s full financial results, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

VVC Exploration-Results of Annual General and Special Meeting

VVC Exploation Corporation announces that its Annual General and Special Meeting of Shareholders took place on July 30, 2013 and that the shareholders approved the re-election of the existing Board of Directors. In addition, shareholders approved all other matters which were submitted with the proxy materials for approval at the AGM, including the acquisition of Camex Mining Development Group Inc., the issuance of shares, the adoption of a new By-Law, the requisite annual approval of the Stock Option Plan for 2013 and the re-appointment of MSCM LLP as auditors of the Company. See below the table summarizing all the votes casted by 48,338,778 shares representing 53.58% of all shares issued and outstanding eligible to vote.

Osisko Reports Second Quarter 2013 Results

Osisko Mining Corporation today reported adjusted net earnings(1) of $25.1 million ($0.06 per share) for the second quarter of 2013 compared to 35.6 million ($0.09 per share) for the second quarter of 2012. The net loss for the quarter amounted to $492.8 million ($1.13 per share) mainly as a result of an after-tax impairment charge on the Hammond Reef gold project of $487.8 million, compared to net earnings of $19.0 million in the second quarter of 2012 ($0.05 per share).

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