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News Breaks | | | | October 5, 2012 | | 07:03 EDT |  | PPP | Primero Mining announces positive advance tax ruling
Primero Mining announced that the company's Mexican subsidiary has received a positive ruling from the Mexican tax authorities on its Advance Pricing Agreement, or APA, filing made in October 2011. The ruling confirms that the company's Mexican subsidiary appropriately records revenue and taxes from sales under the silver purchase agreement at realized prices rather than spot prices effective from Aug. 6, 2010. | |
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News For PPP From The Last 14 Days Check below for free stories on PPP the last two weeks. |
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| May 21, 2013 | | 07:14 EDT | | PPP | Primero Mining announces exploration results at San Dimas mine
Primero Mining announced results of recent drilling at its San Dimas mine in Mexico. Results indicate that the Victoria vein, discovered in 2012, extends into an adjacent ore block and that the Alexa vein, also discovered in 2012, continues west. These discoveries support the company's belief that this region has become a new nucleus of high-grade gold and silver mineralization capable of supporting future mining at the San Dimas mine. The company is systematically targeting mineralization located in close proximity to existing infrastructure along the prolific central corridor. The company's planned $15M 2013 exploration program includes 74,000 metres of diamond drilling, broken into 34,000 metres of exploration drilling and 40,000 metres of delineation drilling. In addition, the company is undertaking 3,800 metres of exploration drifting. | | | May 15, 2013 | | 12:00 EDT |  | PPP | Primero Mining falls 7.5%
Primero Mining is down 7.5%, or 41c, to $5.07 | |
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