AuRico Gold Reports Increased Production Profile, Record Operating Cash Flow and Record Net Free Cash Flow for the Second Quarter

AuRico Gold Inc. is pleased to announce preliminary results that include a significant increase in production as well as record operating cash flow and net free cash flow for the second quarter. During the quarter, the Ocampo mine produced 19% more gold equivalent ounces (realized) as compared to Q1 2011 at cash costs of $340 per realized gold equivalent ounce, resulting in a record margin of 77% or $1,171 per gold equivalent ounce. The Company¡¯s consolidated production for the quarter was augmented by solid production from the El Chanate mine that was acquired effective April 8, 2011.

Soltoro Announces $4.5M Financing With Coeur d’Alene Mines

TORONTO, ONTARIO–(Marketwire – July 12, 2011) – Soltoro Ltd. (TSX VENTURE:SOL) (“Soltoro” or the “Company”) is pleased to announce that Coeur d’Alene Mines Corporation (NYSE:CDE)(TSX:CDM) (“Coeur d’Alene”) has executed a term sheet to make a $4.5 million investment in Soltoro. Coeur d’Alene intends to purchase 4,500,000 common shares of Soltoro at $1.00 per share in a private placement transaction (the “Financing”) as an investment. Closing of the Financing is subject to the execution of a definitive subscription agreement and approval of the TSX Venture Exchange.

Great Panther Silver Reports Second Quarter Production

VANCOUVER, BRITISH COLUMBIA, Jul 12, 2011 (MARKETWIRE via COMTEX) — GREAT PANTHER SILVER LIMITED (the “Company”) reports second quarter (“Q2”) production at its two wholly-owned Mexican silver mining operations, Topia and Guanajuato.

Mexus Gold US Mining and Cable Update

Mexus Gold US is a company engaged in the evaluation, acquisitions, exploration and development of mining properties and conducts salvage operations for the recovery of precious metals. Mexus Gold is pleased to provide the following updates on the following projects to our shareholders.

Kimber Announces $7 Million Bought Deal Private Placement

VANCOUVER, July 7, 2011 /PRNewswire/ – Kimber Resources Inc. (NYSE AMEX: KBX, TSX:KBR) is pleased to announce that it has entered into an engagement letter with a syndicate of Underwriters (the “Underwriters”) for the offering, on a private placement basis, of 4,400,000 common shares of Kimber (the “Shares”) at a price of C$1.60 per Share, for gross proceeds of C$7,040,000 ( the “Offering”), with a “bought deal” commitment by the Underwriters, subject to certain conditions.

All News