Day: February 18, 2015

Pan American Silver Corp. today reported on its December 31, 2014 mineral reserves and resources. Pan American’s mineral reserves are estimated to contain 300 million ounces of silver and 2.32 million ounces of gold, down from the 323.5 million ounces of silver and 2.49 million ounces of gold reported a year ago. The Company used long term metal prices assumptions of$18.50 per ounce of silver and $1,250 per ounce of gold to estimate its current reserves, both lower than the long term prices used at the end of 2013. At the same time, the Company reported that its measured and indicated silver mineral resources increased 2% to 731 million ounces, while measured and indicated gold mineral resources increased 13% to 1.8 million ounces.

Osisko Gold Royalties reported today a fourth quarter net loss of $2.2 million ($0.04 per share) and adjusted earnings of $3.1 million ($0.06 per share). For 2014, Osisko reported a net loss of $2.1 million ($0.05 per share) and adjusted earnings of $10.1 million ($0.22 per share).

Coeur Mining, Inc. announced year-end contained proven and probable mineral reserves of approximately 390.7 million silver equivalent ounces, an increase of 6.2 million silver equivalent ounces or 2% compared to year-end 2013. This gain is net of the 32.2 million silver equivalent ounces produced in 2014. In addition to these reserves, Coeur announced measured and indicated mineral resources totaling approximately 292.4 million silver equivalent ounces and inferred mineral resources totaling 127.0 million silver equivalent ounces, decreases of 45% and 21%, respectively, compared to year-end 2013.

YAMANA GOLD INC. today announced it has adopted a Dividend Reinvestment Plan commencing with the previously announced first quarter 2015 dividend. The introduction of the DRIP responds to feedback from shareholders and provides further support to shareholders by offering an opportunity to increase investment in the Company without additional transaction costs by receiving dividend payments in the form of common shares of the Company.

Hecla Mining Company today announced 2014 sales of $500.8 million and gross profit of $85.2 million, with net income applicable to common stockholders of $17.3 million, or $0.05 per basic share, and an adjusted net income applicable to common stockholders of $5.6 million, or $0.02 per basic share.