U.S. Silver combines with Scorpio Mining
U.S. Silver and Gold Inc. and Scorpio Mining Corp. have agreed to merge, and will continue doing business under the Scorpio Mining name.
U.S. Silver and Gold Inc. and Scorpio Mining Corp. have agreed to merge, and will continue doing business under the Scorpio Mining name.
Soltoro Ltd. has filed a Technical Report for its 100% owned El Rayo silver project on SEDAR and the Company’s website. The updated Mineral Resources included in the NI 43-101 Technical Report were prepared by Agnerian Consulting Ltd. in support of the resource update and reflects minor changes to the Mineral Resources originally summarized in a news release on September 29, 2014. The Technical Report includes an updated estimate of the Las Bolas, La Soledad, Highway Zone silver deposits, and the El Rayo gold deposit, as well as a first time disclosure of the Mineral Resources for the historic Catarina mine. The revision considers a smaller tonnage, higher grade resource than previous estimates, which could be exploited through a combination of small open pit and underground operations.
GoGold Resources Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters pursuant to which they have agreed to purchase, on a bought deal basis, 13,333,500 common shares at a price of C$1.50 per share for gross proceeds to the Company of approximately C$20 million. The Offering will be conducted through a syndicate of underwriters co-led by Cormark Securities Inc. and BMO Capital Markets and including PI Financial Corp.
Aultán pondrá en marcha dos proyectos hidroeléctricos con una capacidad total de 350 MW para atender las necesidades de su operación minera en la extracción de manganeso, además planea construir dos parques eólicos para vender electricidad a terceros.
Avino Silver & Gold Mines Ltd. is pleased to report its financial results for the third quarter ended September 30, 2014. All financial information, other than non-IFRS measures, is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s condensed consolidated interim financial statements for the nine months ended September 30, 2014 and associated management’s discussion and analysis and the audited consolidated financial statements for the year ended December 31, 2013 and associated MD&A which are available on the Company’s website at www.avino.com and under the Company’s profile on SEDAR at www.sedar.com.
FIRST MAJESTIC SILVER CORP. is pleased to announce the unaudited interim consolidated financial results of the Company for the third quarter ended September 30, 2014. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site atwww.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise.
Fortuna Silver Mines Inc. today reported record revenue of $46.4 million, cash generated from operations, before changes in working capital of $17.8 million and net income of $7.8 million or $0.06 per share in the third quarter of 2014.
Scorpio Mining Corporation and U.S. Silver & Gold Inc. are pleased to announce that they have entered into a definitive agreement to complete a merger of equals that will combine their respective businesses to create a leading junior silver producer in the Americas.
Almaden Minerals (NYSEMKT:AAU) is a prospect generator focused on gold and silver assets, and its Ixtaca Project in Mexico in particular. Prospect generators come in many different forms, but they are all guided by the philosophy that finding and defining a mineral resource requires a different skill-set from developing and operating a mine. Consequently they decide to focus on the former, and they generate value from their properties by selling them to companies focused on developing and operating mines. In exchange prospect generators receive cash, or sometimes something that allows them to retain some interest in the project without laying out additional capital such as stock in the company or a royalty on the mine.
;LDCORP INC. is pleased to declare its eleventh monthly dividend payment for 2014 of $0.05 per share. Shareholders of record at the close of business on Thursday, November 20, 2014 will be entitled to receive payment of this dividend on Friday, November 28, 2014.
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