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News Breaks | | | | January 9, 2013 | | 07:36 EDT |  | HL, GSV, MUX, AG, NAK, SA, MDW, VGZ, AUQ, THM, NG | Dahlman Rose to host a conference
4th Annual Precious Metals Conference is being held in New York on January 9. | |
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News For MUX;THM;SA;GSV;AUQ;NAK;HL;VGZ;AG;NG;MDW From The Last 14 Days Check below for free stories on MUX;THM;SA;GSV;AUQ;NAK;HL;VGZ;AG;NG;MDW the last two weeks. |
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| May 16, 2013 | | 08:11 EDT |  | MUX | McEwen Mining plans to expand production at El Gallo 1 Mine in Mexico
McEwen Mining announced that the company will be expanding the El Gallo 1 Mine in Sinaloa, Mexico. The company expects this expansion will significantly increase gold production for a small amount of capital. El Gallo 1 mine to be increased from 3,000 to approximately 4,500 tonnes of ore per day. This, along with improvements in ore grade, would increase gold production from an estimated 27,300 ounces in 2013 to approximately 37,500 ounces in 2014 and 75,000 ounces in 2015. Initial capital cost estimated at approximately $5M. No need for debt or equity financing. Growth to be financed internally. El Gallo 2 Alternative: Evaluating potential to ship ore from El Gallo 2 to El Gallo 1, using current heap leaching facilities. Review will focus on silver recoveries -- early column tests returned between 45-62% silver -- and crushing/processing costs. If successful, this would eliminate approximately $170M in CapEx. | | | 06:06 EDT | | SA | Seabridge reports excellent gold recoveries from Walsh Lake metallurgical tests
 Subscribe for More Information | | | May 15, 2013 | | 07:37 EDT |  | AG | First Majestic reports Q1 adjusted EPS 21c, consensus 26c
Subscribe for More Information | | | 07:36 EDT | | AG | First Majestic reports Q1 silver ounces produced up 33% to 2.44M ounces
Subscribe for More Information | | | 07:35 EDT | | AG | First Majestic reports Q1 EPS 23c, consensus 26c
Reports Q1 revenue $67.1M, one estimate $72.78M | | | May 13, 2013 | | 10:09 EDT |  | AUQ | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 08:34 EDT | | AUQ | AuRico Gold upgraded to Buy from Hold at Desjardins
| | | 06:14 EDT | | SA | Seabridge Gold reports all drill holes intercepts with good gold grades at Courageous
Subscribe for More Information | | | May 10, 2013 | | 09:00 EDT |  | MUX | McEwen Mining falls 5.7%
Subscribe for More Information | | | 08:27 EDT | | HL | Hecla Mining says Aurizon Mines shareholders voted in favor acquisition
On May 9, Aurizon Mines (AZK) shareholders voted in favor of the Hecla (HL) acquisition, the company announced. Hecla said it expects to complete the acquisition of Aurizon during the second quarter upon receipt of Investment Canada regulatory approval. Aurizon's core asset is the Casa Berardi gold mine in Quebec, Canada, with 2013 gold production estimated by Aurizon of 125,000-130,000 ounces. Also, subsequent to the first quarter, Hecla completed a $500M offering of 6.875% Senior Notes due 2021, which will partially fund the acquisition, it said. | | | | 08:24 EDT | | HL | Hecla Mining reports Q1 adjusted EPS 1c, consensus 4c
Reports Q1 revenue $76.5M, consensus $94.78M. Reports Q1 silver production 1.9M ounces at a cash cost of $7.02 per ounce, net of by-products. | | | May 9, 2013 | | 16:41 EDT | | AUQ | AuRico Gold reports Q1 adjusted EPS 4c, consensus 5c
Subscribe for More Information | | | 15:27 EDT | | HL | Notable companies reporting before tomorrow's open
Subscribe for More Information | | | 07:58 EDT | | MUX | McEwen Mining says Q1 gold equivalent production increased 31%
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