Day: May 14, 2014

Minera Autlán refinancía deuda de 90 mdd

La compañía realizó un contrato con Credit Suisse a un plazo de 5 años para refinanciar sus notas no subordinadas con miras a fortalecer la empresa, darle mayor estabilidad y lograr un mejor perfil de amortizaciones.

SilverCrest Reports Q1 2014 Financial Results

SilverCrest Mines Inc. is pleased to announce its financial results for the first quarter ended March 31, 2014. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three months ended March 31, 2014 and associated management discussion and analysis are available from the Company’s website at www.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.

Osisko Reports First Quarter 2014 Results .

Osisko Mining Corporation today reported net earnings of $24.2 million ($0.06 per share) for the first quarter of 2014 compared to $17.4 million ($0.04 per share) for the corresponding period of 2013. The Company generated cash flows from operating activities of $91.9 million during the first quarter of 2014 compared to $62.5 million in the first quarter of 2013.

Coeur Announces Results of Exchange Offer

Coeur Mining, Inc. today announced the results of its offer to exchange up to $150,000,000 aggregate principal amount of its outstanding 7.875% Senior Notes due 2021 for a like principal amount of its new 7.875% Senior Notes due 2021.

Tosca completes initial drilling on Carol Copper Project

Tosca Mining Corp announces that it has completed an initial drill program on its Carol Copper project located in southern Sonora State, Mexico. The program consisted of six HQ size angled drill holes (-50 degree to -60 degrees) totaling 577 metres, that was designed to investigate the continuity and potential extent of skarn mineralization encountered in trenches and outcrop.

Cayden drills 26 meters of 2.35 g/t gold, 38 meters of 1.47 g/t gold and 70 meters of 0.80 g/t gold

Cayden Resources Inc. is pleased to announce results for 9 additional drill holes from the Pena de Oro target at the Company’s El Barqueno Gold Property in Jalisco State, Mexico.
 Drilling highlights include 26 meters of 2.35 g/t Au in Hole 50, 30 meters of 1.61 g/t Au in Hole 49, 38 meters of 1.47 g/t Au and 0.67% Cu in hole 52, and 70 meters of 0.80 g/t Au and 0.49% Cu in hole 54.

San Marco Acquires Cuatro de Mayo Project

San Marco Resources Inc. has signed an agreement granting the Company an option to acquire a 100% interest in the Cuatro de Mayo Project in eastern Sonora State, Mexico, subject to regulatory approval including the approval of the TSX Venture Exchange.

Alta Vista Announces Financing

Alta Vista Ventures Ltd. wishes to announce a non-brokered private placement of up to 6,000,000 units at a price of $0.05 per unit to raise a total of up to $300,000. A unit will consist of one common share and one transferable common share purchase warrant valid for one year. Each warrant will entitle the holder to purchase one additional common share at a price of $0.075 for one year.

Mercator Minerals Reports First Quarter 2014 Results

Mercator Minerals Ltd today announced its financial and operating results for the three months ended March 31, 2014. For Q1 2014 the Company produced 16.2 million copper equivalent** pounds, comprised of 7.2 million pounds of copper in concentrates and copper cathode, 2.2 million pounds of molybdenum in concentrates and 89 thousand ounces of silver. For Q1 2014, the Company generated revenues of $41.3 million, incurred an operating loss of $12.8 million and a net loss of $2.4 million (loss of $0.01 per share, basic) or an adjusted net loss* of $16.8 million ($0.05 per share).

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