Month: July 2014

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.

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.

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.

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.

Canarc Resource Corp. wishes to provide additional information regarding the continued listing review being conducted by the Toronto Stock Exchange.

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.