Stroud Resources Ltd. is pleased to announce that, subject to regulatory approval, Kerry D. Smith, P. Eng, MBA has been appointed to the board of directors of the Company joining George Coburn and Lonnie Kirsh on the board.
GOLDCORP INC. today reported that adjusted net earnings1 in the quarter increased to $404 million, or $0.50 per share, compared to $392 million, or $0.49 per share, in the first quarter of 2011. Reported net earnings were $479 million compared to $651 million in the first quarter of 2011. Operating cash flows before working capital changes2 were $480 million. Gold production totaled 524,700 ounces at a total cash cost3 of $251 per ounce.
Baja Mining Corp. today provided an update on its cost control initiatives, the development of a funding plan, an executive change and a new governance advisor.
Santa Fe Gold Corporation is pleased to announce the appointment of Mr. John White as Vice President and General Manager of its wholly owned subsidiary, the Lordsburg Mining Company, which operates the Summit silver-gold mine and Lordsburg processing facility in southwest New Mexico. Mr. White has over 35 years of diverse mining experience in exploration, project development, construction and operations. A substantial part of his experience has been in New Mexico, where he has held senior management positions with both mining and construction companies. Mr. White holds a B.S. Degree in Geological Sciences from the University of Washington and a M.S. Degree in Geosciences from the University of Arizona.
Ternium S.A. today announced its results for the first quarter ended March 31, 2012.
Baja Mining Corp. today announced the preliminary results of its current capital cost review of the Company’s 70 percent owned Boleo copper-cobalt-zinc project and three resignations from the Board of Directors.
Cayden Resources Inc. is pleased to announce the appointments of David M. Jones and Russell Starr to the Board of Directors.
OTC Markets Group Inc., the company that operates the world’s largest electronic marketplace for OTC-traded equities, announced that Caza Gold Corp. (otcqx:CZGDF)(tsx.v:CZY), a growth-oriented gold exploration company, is now trading on the highest tier of the OTC market.
The management of Arianne Resources Inc. is pleased to announce the appointment of L. Derek Lindsay as Chief Financial Officer effective May 1, 2012. Mr. Lindsay replaces Luc Boivin, interim CFO since December 2011. Bernard Lapointe, CEO of the Company, expressed his thanks to Mr. Boivin for his handling of the Company’s financial affairs during this transition period.
SilverCrest Mines Inc. is pleased to announce significant production increases of silver and gold in the First Quarter, 2012 as compared to First Quarter, 2011 from the Santa Elena Mine located in Sonora, Mexico.
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