Month: July 2014

Marlin Gold Mining Ltd and its wholly owned subsidiary Sailfish Royalty Corp. are pleased to announce the closing of the private placement and streaming transaction with Golden Reign Resources Ltd., as originally described in the Company’s press release on February 26, 2014.

The story for gold is firming, and that is also for the gold miners. Sterne Agee’s metals and mining analysts have a report out on Thursday defending gold and the miners, on a day when gold is already soaring due to new European bank worries. The firm’s Michael Dudas and Satyadeep Jain are signaling that the bank policy, technicals and seasonal factors are supportive for gold (and silver).

GREAT PANTHER SILVER LIMITED today announced second quarter production results at its two wholly-owned Mexican silver mining operations, Guanajuato and Topia, and provided an update on its exploration and development activities.

Amarium Technologies, Inc. through it’s wholly owned subsidiary Amarium Minerals Inc., reports the appointment of Mr. Troy Morgan as the Manager of Operations at the San Pedro Mine located inMichoacan, Mexico. Mr. Morgan has a substantial history with the Company over the past year in a similar capacity at Amarium’s other production facility, the Jovita Mine. The Company announced earlier in the week that it had completed upgrades to the processing mill at the San Pedro Mine, increasing the daily tonnage capacity from 20 tons per day (tpd) to 120 tpd.

Sierra Metals Inc. announces that it is deferring a decision on the declaration and payment of a second quarter dividend until the release of its second quarter financial results, which are expected to be released August 13, 2014.

Timmins Gold Corp. is pleased to report preliminary production results for the Company’s second quarter ended June 30, 2014. The Company achieved gold production of 32,932 ounces for the quarter for an increase of 17.5% over the prior year period.

Capstone Mining Corp. today announced operating results for the three and six months ending June 30, 2014 of its three operating mines: Pinto Valley, Cozamin and Minto. Combined production totalled 27,700 and 55,300 tonnes of copper (in concentrates and cathode) in the second quarter and year-to-date periods, respectively, with additional by-products of zinc, molybdenum, lead, silver and gold.

Aurcana Corporation announces that Mr. Lenic Rodriguez, President and CEO, will be leaving his management position with the Company, effective July 19. The board would like to thank Mr. Rodriguez for his past services.

Fortuna Silver Mines Inc. is pleased to announce second quarter production figures from its two 100 percent owned operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 1.6 million ounces of silver, 8,519 ounces of gold and significant base metal by-products. Silver and gold productions for the first six months of the year totaled 3.2 million and 16,669 ounces respectively; reflecting 53 and 52 percent of the company’s annual guidance. Fortuna is on schedule to produce 6 million ounces of silver and 32,300 ounces of gold or 7.9 million ounces of Ag Eq* in 2014.