Cortez Gold Corp. announces that it has signed a letter of intent with Mercuria Energy Trading SA for an operating Line of Credit in the amount of US$5 million for the mineral processing business owned by Altiplano Goldsilver, S.A. de C.V., a wholly-owned subsidiary of Cortez.
Red Tiger Mining Inc. today reported its financial and operating results for the year ended December 31, 2013 and for the three months ended March 31, 2014. This press release should be read in conjunction with the Company’s audited Financial Statements for the year ended December 31, 2013, the unaudited Financial Statements for the three months ended March 31, 2014 and Management’s Discussion and Analysis for the corresponding periods, available on the Company’s website at www.redtigermining.com and on SEDAR at www.sedar.com.
Geologix Explorations Inc. announced today that the Company has elected to amend the 6,642,900 warrants it originally issued via a private placement that closed in August 2012. Included in that amount are 425,000 warrants held by insiders of the Company that will not be exercisable on the amended terms until such amendments are approved by shareholders other than such insiders.
Agnico Eagle Mines Limited today reported a quarterly net income of $37.7 million, or $0.20 per share for the second quarter of 2014. This result includes a non-cash foreign currency translation loss of $8.7 million ($0.05 per share), non-cash stock option expense of $5.1 million ($0.03 per share), non-recurring losses of $6.1 million ($0.03 per share) related to the Osisko Mining Corporation acquisition, and non-recurring gains of $4.8 million ($0.03 per share). Excluding these items would result in an adjusted net income of $52.8 million, or $0.28 per share. In the second quarter of 2013, the Company reported a net loss of $24.4 million, or $0.14 per share.
First Quantum Minerals Ltd. today announced comparative net earnings 1 of $133.6 million or $0.23 per share for the three months ended June 30, 2014 inclusive of $19.5 million or $0.04 per share of unfavorable, recurring acquisition-related adjustments.
First Quantum Minerals Ltd. will pay an interim dividend of CDN $0.0504 per share in respect of the financial year ending December 31, 2014.
YAMANA GOLD INC. declares its third quarter 2014 dividend of $0.0375 per share. Shareholders of record at the close of business on September 30, 2014 will be entitled to receive payment of this dividend on October 14, 2014. The dividend is an “eligible dividend” for Canadian tax purposes.
Coeur Mining, Inc.announced results from a feasibility study on the La Preciosa silver-gold project located in Durango state, Mexico and announced the Company’s decision to defer construction activities at this time.
Primero Mining Corp. today announced new drilling results and provided an update on its Cerro del Gallo development project located in Guanajuato, Mexico.
Excellon Resources Inc, Mexico’s highest grade silver producer, is pleased to report financial results for the three and six-month periods ended June 30, 2014.
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