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Orosur Mining today announces results for the fiscal year ended May 31, 2013 and the outlook for 2014. Highlights: 17% year-on-year increase in gold production in fiscal year 2013 with 64,994 oz Au produced. Cash flow from operations of US$ 21 million in line with FY 2012. Successful completion of the Arenal Deeps ramp in February 2013 to enable [...]
Alcoa (NYSE: AA) today announced that it will close or curtail 164,000 metric tons (mt) of smelting capacity in the United States and Brazil as part of its smelting capacity review that was announced in May. One potline representing 40,000 metric tons at the Massena East plant in New York will be permanently closed. In addition, the Company has [...]
USEC Inc. (NYSE:USU) was notified yesterday by the New York Stock Exchange (NYSE) that the company has regained compliance with the NYSE’s minimum share price standard for the continued listing of its stock. In May 2012, the NYSE notified the company that it was not in compliance with the NYSE’s continued listing standard when the average closing [...]
Renaissance Gold Inc. (TSX:REN) (“RenGold”) is pleased to announce trench sampling and drilling results that confirm the presence of a shallow zone of gold-silver mineralization at the Sinter Project, Pershing County, Nevada. The Sinter property lies in the northern part of the Velvet District near other shallow epithermal gold prospects at [...]
The result for the second quarter was affected by several negative effects like low production volume due to mining low grade ore and lower market prices for gold. Due to mining low grade ore the flotation concentrate had a lower gold grade which increased the smelting cost. This affected the realized gold price negatively. The realized gold price [...]
Consolidated Goldfields is pleased to announce the results of its recent trenching program at its Fisher Canyon gold property in Pershing County, Nevada. The project was planned to further evaluate a high grade gold zone discovered during last year’s rock chip sampling program as described in the press release dated October 9, 2012. Rock chip [...]
Coeur Mining Inc.’s (“Coeur” or the “Company”) (NYSE: CDE)(TSX: CDM) Senior Vice President and Chief Financial Officer Peter Mitchell will present at the Jefferies Global Industrials Conference at the Grand Hyatt New York on August 15, 2013 at approximately 8:30 a.m. Eastern time. A PDF of the slide presentation will be posted on the Company’s [...]
Hecla Mining Company’s (NYSE:HL) CEO and President, Mr. Phillips S. Baker, Jr., will speak at the Jefferies 2013 Industrials Conference in New York City on Thursday, August 15, at 10:30 am EDT. Mr. Baker will present an overview of Hecla’s second quarter 2013 operating results and the Company’s outlook for the remainder of 2013. A webcast of the [...]
General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that Chief Executive Officer Bruce D. Hansen will present at the Jefferies Global Industrials Conference and Chief Financial Officer David A. Chaput will present at the Bank of America Merrill Lynch [...]
Sovereign Lithium announces that as of August 8, 2013, the Company's stock ticker symbol has changed from SRBLD to SLCO. The stock ticker symbol change coincides with the Company's July 12, 2013 announcement of the Company's name change from Great American Energy, Inc. to Sovereign Lithium, Inc. as of that date. As announced at that time, the Board [...]
Coeur Mining Inc. (the “Company” or “Coeur”) (NYSE: CDE) (TSX: CDM) reported metal sales of $204.5 million, cash flow from operating activities of $63.3 million, or $0.63 per share, and capital expenditures of $27.2 million during the second quarter 2013. The Company produced 4.6 million ounces of silver and 60,757 ounces of gold during the [...]
Royal Gold Inc. (NASDAQ:RGLD) (TSX: RGL) (“Royal Gold” or the “Company”) today announced net income attributable to Royal Gold stockholders (“net income”) of $69.2 million, or $1.09 per basic share, on record annual royalty revenue of $289.2 million for fiscal 2013 (ended June 30). This compares to net income for fiscal 2012 of $92.5 million, or [...]
