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News Breaks | | | | January 17, 2013 | | 07:43 EDT |  | PPP | Primero Mining added to Focus List at Canaccord
Canaccord added Primero Mining to its Focus List citing valuation, increasing production, and Cerro Resources accretion. Shares are Buy rated with a $12 price target. | |
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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 | | | May 8, 2013 | | 08:00 EDT | | PPP | Primero Mining announces merger approved by Federal Court of Australia
Primero Mining announced that the Federal Court of Australia has today made orders approving the acquisition of Cerro Resources NL by Primero. Approval includes the spinout of Cerro's non-Cerro del Gallo assets of which Primero will own 19.99%. The transaction is expected to close at the end of May as previously announced. | | | 07:06 EDT |  | PPP | Primero Mining reports Q1 adjusted EPS 10c, consensus 7c
Reports Q1 revenue $46.3M vs. $44M last year. | |
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