Category: Investor’s Corner

Newmont Announces Plan to Increase Annual Gold Production to Approximately 7 Million Ounces by 2017

Newmont Mining Corporation (NYSE: NEM) will discuss today at its annual Investor Day conference the comprehensive plan for the development of its current global portfolio of assets that would increase annual gold production to approximately 7 million ounces by 2017. This production target represents a potential aggregate increase of approximately 35% in anticipated 2017 annual production from the Company’s previously announced 2011 attributable gold production outlook of 5.1 to 5.3 million ounces. The Company also announced a new dividend policy that will link its quarterly dividend payment to Newmont’s average realized price of gold sales.

Silver Production up 25%; Reaches 97% Pure Silver and Maintains Status as “Purest Silver Company in the World”

First Majestic Silver Corp. (“First Majestic” or the “Company”) is pleased to announce that production in the first quarter of 2011 reached 1,825,366 equivalent ounces of silver, representing a 13% increase over the 1,619,403 equivalent ounces of silver produced in the first quarter of 2010. Production during the quarter consisted of 1,769,209 ounces of silver, making First Majestic’s first quarter production 97% pure silver, the highest in the silver mining industry.

Arian Appoints New CFO

London, England, Arian Silver Corporation (“Arian” or the “Company”) today announced, further to its news release of March 16, 2011, the appointment of Mr. Samuel Clarke as the Company’s Chief Financial Officer, effective as of May 9, 2011.

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