Silver Standard Resources Inc. provides its second quarter 2014 operational update for the Pirquitas mine in Jujuy, Argentina and the Marigold mine in Nevada, U.S.
Mexus Gold US announced that on July 3, 2014 the company signed a contract with Hank Schimschat, owner of Gold Grabber LLC, buying an interest in its Nome, AK based offshore gold mining operation. Hank Schimschat is best known for his role on Discovery Channels hit show Bering Sea Gold. The agreement will have the company paying 1.2 million restricted shares to Mr. Schimschat. Mexus president Paul Thompson stated “The cost of this deal is an affordable way to bring the name Mexus Gold US to millions of viewers worldwide.”
Energold Drilling Corp. announces today that it has proposed to offer up to $12.5 million principal amount of secured convertible debentures for a term of three years. The CDs will bear interest at a rate of 12.85% calculated and compounded annually and payable quarterly. The CDs will be convertible into common shares of the Company at a conversion price of $3.00 per share.
(Investorideas.com Mining stocks newswire) Graphite. Lithium. Rare earth elements. What do these metals and minerals have in common? They are playing bigger and more critical roles in widely used big kid toys like smartphones, tablets and electric vehicles. Investors can’t stay on top of every hot commodity but Luisa Moreno, mining analyst with Euro Pacific Canada, offers some companies developing graphite, lithium and REE resources for the toys and technology of the future in this interview with The Mining Report.
Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2014 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. Recently the company released a positive PEA on the Ixtaca deposit (see news release dated April 16th, 2014). The mineral resources incorporated into the PEA mine plan were comprised of 29% Measured, 55% Indicated and 16% Inferred. The results reported today are from drilling carried out subsequent to the 2014 resource update and PEA and designed to upgrade resources remaining in the inferred category to the higher confidence measured and indicated categories. Infill drilling is now complete and the Company’s 2014 drilling is currently focussed on exploring the large and highly prospective Tuligtic concession for gold-silver deposits.
Canarc Resource Corp. wishes to provide additional information regarding the continued listing review being conducted by the Toronto Stock Exchange.
VENDOME RESOURCES CORP., a Toronto, Canada based minerals exploration company with key exploration assets in Guerrero State, Mexico and The Borden Gold District, Ontario, Canada, is pleased to announce that it has entered into advanced discussions with Camsim Minas SA de CV (Camsim), of Mexico City, Mexico, with a view to acquiring 100% of Camsims wholly-owned La Diana concession located in the heart of the highly prolific Sierra Madre del Sur precious metals belt in Southern Mexico.
Goldcorp announced a monthly dividend on Tuesday, July 8th, AmericanBankingNews.com reports. Shareholders of record on Thursday, July 17th will be paid a dividend of 0.05 per share on Friday, July 25th. This represents a $0.60 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Tuesday, July 15th.
Endeavour Silver Corp. reports strong silver and gold production results in the Second Quarter, 2014, trending ahead of guidance year to date. The Company owns and operates three silver-gold mines in Mexico: the Guanaceví mine in Durango state and the Bolañitos and El Cubo mines in Guanajuato state.
Formation Metals Inc. is providing an update to shareholders on recent corporate and cobalt sector developments. Over the last few months, Formation has been actively pursuing several opportunities resulting from the significant increase in long term demand for cobalt from the rechargeable battery sector required for electric vehicles and hybrid electric vehicles where cobalt is one of the key components.
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