Month: June 2015

“The first quarter financials reflect the status of the Rosario Mine being shut-down during the quarter. During this first quarter, we took the opportunity to complete a major overhaul and refurbishment of key mill circuits. In addition, we restructured our underground mine contract in order to achieve improved mining costs and efficiencies, with fewer personnel. Further, the Company implemented and permitted an alternative solution for tailings disposal, secured the damaged discharge pipe, and upgraded the factor of safety at the tailings embankment. That being said we have subsequently resumed operations at Rosario in the second quarter.” said Arturo Préstamo, President and CEO…

Marlin Gold Mining Ltd. is pleased to announce a proposed non-brokered private placement of common shares. Pursuant to the Equity Offering, Marlin expects to issue up to 23,214,286 common shares at a price of $0.56 per Common Share for aggregate gross proceeds of up to approximately $13,000,000.

Red Tiger Mining Inc., today reported its financial and operating results for the three months ended March 31, 2015 . This press release should be read in conjunction with the Company’s unaudited Financial Statements for the three months ended March 31, 2015 and Management’s Discussion and Analysis for the corresponding period, available on the Company’s website atwww.redtigermining.com and on SEDAR at www.sedar.com.

McEwen Mining Inc. and McEwen Mining – Minera Andes Acquisition Corp. are pleased to announce the results of their annual general meetings held on May 28, 2015. McEwen Mining reports that Robert McEwen , Allen Ambrose ,Michele Ashby , Leanne Baker , Richard Brissenden , Gregory Fauquier , Donald Quick andMichael Stein were elected as directors of McEwen Mining…

Energold Drilling Corp. announces first quarter 2015 revenue of $19.6 million compared to $37.0 million in the first quarter of 2014. The majority of the decline in revenue on a year-over-year basis is due to lower oil prices which impacted activity in the Energy division leading to an earlier than expected end to the winter drilling season as some customers reduced some work programs and began to cut price mid-quarter…

Bacanora Minerals Ltd Monday said it swung to a profit in the third quarter of the financial year on the back of a foreign exchange gain, but its loss for the first three quarters of the year still widened on the back of higher costs.

Santacruz Silver Mining Ltd. is pleased to announce the listing of its shares on the Santiago Stock Exchange Venture under the symbol “SZCL” denominated in Chilean Pesos. The primary exchange for Santacruz will remain the TSX Venture Exchange with the symbol SCZ.