Category: Investor’s Corner

Endeavour Silver Reports $14.5 Million Adjusted Earnings in Q1, 2011 Thanks to Record Silver-Gold Production and Precious Metal Prices

Vancouver, Canada – May 5, 2011 – Endeavour Silver Corp. (TSX: EDR, NYSE: EXK, Frankfurt: EJD) announced today its financial and operating results and unaudited financial statements for the First Quarter, 2011. Endeavour owns and operates two high-grade, underground, silver-gold mines in Mexico, the Guanacevi Mines in Durango State and the Guanajuato Mines in Guanajuato State.

New Gold Announces 2011 First Quarter Gold Production of 107,622 Ounces at Record Low Cash Cost of $352 Per Ounce

VANCOUVER, May 4 /PRNewswire/ – New Gold Inc. (“New Gold”) (TSX: NGD)(NYSE AMEX: NGD) today announces financial and operational results for the first quarter of 2011, where the company combined increased gold production with the lowest total quarterly cash cost(1) in New Gold’s history. The company finished the first quarter with gold sales of 104,211 ounces at a total cash cost(1) per ounce sold, net of by-product sales, of $352 per ounce. The combination of growing gold production, significantly lower total cash cost(1) and continued strength in commodity prices resulted in solid financial results. During the quarter, earnings from mine operations increased by 119% to $80 million, net earnings increased by 85% to $25 million, or $0.06 per share, and cash flow from operations increased by 120% to $51 million.

Grayd Appoints Troy Fierro to the Board of Directors

Vancouver, BC, May 4, 2011 – Grayd Resource Corporation (TSX V: GYD) (“Grayd”) is pleased to announce the appointment of Troy J. Fierro to the board of directors. Mr. Fierro is a successful mining engineer with over 25 years of industry experience. He has previously held executive positions with Fronteer Development Group Inc., Metallica Resources Inc., and Coeur d’Alene Mines where he has overseen the development, construction or management of mines in Nevada, Mexico, Argentina, Chile, and Alaska.

Great Panther Silver Names Martin Carsky EVP & CFO

(RTTNews) – Great Panther Silver Ltd. (GPR.TO: News ) Tuesday said it appointed Martin Carsky to the newly created position of Executive Vice President and Chief Financial Officer, effective June 1, 2011. As a result, Carsky is stepping aside as an independent director.

San Marco Resources Announces Results of its AGM

Vancouver, B.C. — May 3, 2011: San Marco Resources Inc. (SMN: TSX.V) is pleased to announce that at the Company’s Annual General Meeting of shareholders held on May 2, 2011 the following were approved:

All News