Hecla Mining Company today reported the results from another successful year of exploration, achieving record silver reserves despite the use of reduced metals prices for the calculation, and net of 2014 silver production.
Primero Mining Corp. today reported financial and operational results for the fourth quarter and year ended December 31, 2014. On January 20, 2015 the Company reported record production of 225,100 gold equivalent ounces, a 57% increase over 2013, at low cash costs of $687 per gold equivalent ounce. Today the Company reports record revenues in 2014 of $274.6 million, operating cash flow before changes in working capital of $73.7 million ($0.48 per share), a net loss of $224.4 million ($1.48 per share) including $209.0 million ($1.37 per share) in non-cash impairment charges and adjusted net income of $5.4 million ($0.04 per share).
Timmins Gold Corp. is pleased to announce that recent diamond drilling at its flagship San Francisco Mine, Sonora state, Mexico, has confirmed the presence of at least three, high-grade, sub-parallel, gold bearing structures, all of which are located approximately 50-100 metres from surface along the south wall of the current open pit. Exploration information indicates that the lenses extend up to 300 m along strike and 200 m down dip. Select results include: 4.5 m averaging 5.5 g/t Au at 9 m downhole (TFD-153); and 3.0 m averaging 6.2 g/t Au at 6 m downhole (TFD-160).
Candente Gold Corp. is pleased to announce it has received an Expression of Interest for a proposed Processing Agreement for the Mexico Mine Tailings Reprocessing Operation planned at El Oro, Mexico.
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