VANCOUVER, Jan. 11, 2012 /PRNewswire via COMTEX/ — Kimber Resources Inc. is pleased to announce the appointment of James Currie as Chief Operating Officer.
Golden Minerals (TSE:AUM)(AMEX:AUMN) said Wednesday that operating improvements at its Velardena project in Mexico have resulted in production that has exceeded its previous guidance for the September-to-December period.
With a record gold production of 2.51 million ounces, Goldcorps 2011 production costs are estimated to total approximately $220 per ounce.
Aurizon Mines Ltd. announces its 2011 gold production results and 2012 production guidance, as well as capital and exploration budgets.
AuRico Gold Inc. is pleased to provide highlights of the 2011 exploration programs completed at the Company’s expanded asset base in Canada, Mexico and Australia. The Company expects to release a company-wide reserve and resource update in the first quarter of 2012. (Refer to Tables in the Appendix for selected drilling results).
Revolution Resources Corp TSX:RV is pleased to announce that Mr. Terry Bell has been appointed to the Board of Directors.
Riverside Resources Inc. is set to deliver strong growth catalysts and bring value for its shareholders in 2012. Drilling Riverside owned prospects and pushing for discovery will continue to be a main focus for the Company. Riverside anticipates results from five different partner-funded drill programs over the course of the year, and the Company is constantly evaluating new potential deals and partnerships to further increase the junior and alliance partner spending already expected on the portfolio in 2012. The upcoming year will build upon 2011 where Riverside successfully delivered on its goals to:
Minefinders Corporation Ltd. is today reporting its production and sales results for the quarter ended December 31, 2011 and for the full 2011 year. Full 2011 financial and operating results will be released after market close on Thursday, February 23, 2012.
SilverCrest Mines Inc. is pleased to announce that it has retired the Project Loan Facility with Macquarie Bank Limited related to the construction of the Santa Elena Mine located in Sonora, Mexico. The original amount of the loan was $12.5 million USD and the principal balance outstanding at September 30, 2011 was $7.1 million USD. The loan retirement was funded entirely with cash flow from operations and was repaid 21 months ahead of schedule.
Alamos Gold Inc. reports fourth quarter and full year 2011 operating results. The Company is also providing its 2012 production guidance and operating, development and exploration budgets.
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