Gainey Capital Corp. is pleased to announce the engagement of Minera Cascabel SA de CV as leader of its gold and silver exploration strategy, and the launch of its Phase 1 exploration program in Nayarit, Mexico.
Fourth quarter gold production was a record 769,000 ounces at all-in sustaining cost of $810 per ounce driven by great operating results at Peñasquito and Red Lake as well as higher throughput at Pueblo Viejo. Our operation for excellence continues improvement initiative (indiscernible) also contributed significantly to bringing down our overall cost as we gained efficiency and productivity improvements across all of our sites.
Teck Resources Ltd. reported a $232-million profit in the fourth quarter but said its revenue in the last three months of 2013 was cut by sharp declines in metal and coal prices.
Shares of Freyja Resources surged over 25% on Thursday after the company announced the results from its initial sampling program completed last year on its Las Cristinas copper-silver project, which it is planning to take to production by the end of 2014.
A pesar de que incrementaron los accidentes en la empresa Minera Fresnillo PLC de 87 a 147, de 2012 a 2013, su gravedad disminuyó, aseguró Gustavo Barrios Serrano, dirigente del sindicato minero.
Freyja Resources Inc. announced today the results from its initial sampling program which took place in 2013 on the Las Cristinas copper/silver project located about 200 kilometers from Chihuahua, Mexico.
Goldcorp Inc. reported a US$1.1-billion loss in the fourth quarter due to a big tax charge in Mexico and other one-time charges.
On January 20, 2014 the Board of Directors of Osisko Mining Corporation, on the recommendation of its Special Committee, unanimously recommended that shareholders reject the unsolicited hostile offer from Goldcorp Inc. The Osisko Board determined that the Goldcorp offer fails to adequately compensate you for the strategic value of Osisko’s world-class asset base, the significant upside potential of Osisko’s Canadian Malartic Mine, or the increased risk inherent in Goldcorp shares, which represent more than half of the consideration on offer.
Red Tiger Mining Inc., is pleased to provide the following operational update. As a result of recent levels of copper production at its Luz del Cobre copper mine in Sonora, Mexico, the Company’s wholly owned subsidiary, Minerales Libertad, has generated sufficient free cash flow to pay all previously overdue taxes owing to the Mexican Tax Authorities. As such, Minerales is now in good standing under its Loan Agreement with Deutsche Bank.
GOLDCORP INC. reported record fourth quarter gold production1 of 768,900 ounces, compared to gold production of 700,400 ounces for the fourth quarter of 2012. Adjusted quarterly revenues1 were $1.2 billion, generating adjusted net earnings1,2 of $74 million ($0.09 per share), compared to adjusted revenues of $1.4 billion and adjusted net earnings of $465 million ($0.57 per share), for the fourth quarter of 2012. Adjusted operating cash flow1,3 was $439 million ($0.54 per share), compared to $723 million ($0.89 per share), for the fourth quarter of 2012.
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