Day: August 7, 2014

Gold Resource Corporation reported production results for the second quarter ended June 30, 2014 of 24,172 ounces precious metal gold equivalent (calculated at actual sales price ratio of 67:1), which generated $33.7 million in revenues and net income of $7.8 million for the quarter, while decreasing its total cash cost per ounce AuEq by 32% over the second quarter of 2013.Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico.The Company has returned over $98 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends and take delivery in physical gold and silver.

Still on track to meet full-year production guidance of 135,000 to 140,000 gold equivalent ounces as production is expected to increase in Q4 2014 due to: 1) 50% more processing capacity at El Gallo 1 compared to the first half of 2014; and 2) higher grades at San José and El Gallo 1 compared to the first half of 2014.

Capstone Mining Corp. today announced its financial results for the three and six months ended June 30, 2014. Net earnings for the quarter were $16.6 million and operating cash flow before changes in working capital was a record $56.5 million. Copper production for the quarter at Capstone’s three operating mines, Pinto Valley, Cozamin and Minto, totalled 27,738 tonnes of copper in concentrates and cathode (26,785 tonnes of payable copper) at a cash cost of $2.03 per payable pound of copper produced.

Mercator Minerals Ltd today announced its financial and operating results for the three months and six months ended June 30, 2014. During the second quarter 2014, the Company generated revenues of $69.8 million, cash flow from operations of $8.4 million, a net loss of $3.0 million (loss of $0.01 per share, basic) or an adjusted net income* of $5.2 million (adjusted earnings of $0.02 per share).

AuRico Gold Inc. reports financial results for the three and six months ended June 30, 2014. The Company will host a conference call on Friday, August 8, 2014 beginning at 8:30 a.m. Eastern Time.

International Northair Mines Ltd. is pleased to announce proposed changes to its board of directors, advisors and senior officers concurrent with the completion of a non-brokered private placement offering of up to 30,000,000 Units for gross proceeds of up to $3,000,000. Each Unit will be priced at $0.10 per Unit and will consist of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share of the Company at a price of $0.18 per Common Share for a period of 18 months from the closing of the Private Placement and $0.25 per Common Share thereafter until the expiry of the Warrants three years following closing of the Private Placement.

Primero Mining Corp. today reported operational and financial results for the second quarter ended June 30, 2014. During the second quarter the Company reported record production of 63,414 gold equivalent ounces, compared to 39,089 gold equivalent ounces in the same period of 2013 and adjusted net income of $1.1 million ($0.01 per share).

Red Tiger Mining Inc., announced on July 31, 2014 that it had completed the filing of its audited financial statements for the year ended December 31, 2013 and its related Management Discussion & Analysis and CEO and CFO certifications and the filing of its interim financial statements for the period ended March 31, 2014 and its related Management Discussion & Analysis and CEO and CFO certifications. With completion of the filing of the Required filings, the Company is up to date with its financial filings and the temporary management cease trade order dated May 14, 2014 issued by the Ontario Securities Commission expired as of August 6, 2014.

War Eagle Mining Company Inc. proposes to raise up to $100,500 by way of a non-brokered
private placement offering of up to 2,010,000 units of the Company.