Hecla Reports Increased Income and Gross Profit, Improved Cash Costs Compared to First Quarter Last Year "Hecla Mining Company (NYSE:HL) today reported net income applicable to common shareholders of $12.1 million, or 10 cents per common share, on revenue of $46 million in the first quarter of 2008, compared to $8 million, or 7 cents per common share, on revenue of $54.6 million in the first quarter of 2007. Net income before dividend payments was $15.5 million, compared to $8.1 million in the first quarter of 2007." More | May 12
Mine Tragedies Overshadow Group Results "Gold Fields Limited (NYSE & JSE: GFI) today announced headline earnings for the March 2008 quarter of R1,246 million, compared with headline earnings of R456 million and R228 million for the December 2007 and the March 2007 quarters respectively. In US dollar terms headline earnings for the March 2008 quarter were US$176 million, compared with earnings of US$67 million and US$32 million for the December 2007 and the March 2007 quarters respectively." More | May 09
Richmont Mines Reports 46% Increase in Revenue in the First Quarter of 2008 "Richmont Mines Inc. (Toronto:RIC.TO - News)(AMEX:RIC - News), a gold exploration, development and production company with operations in Canada, today announced financial and operational results for its first quarter ended March 31, 2008. Financial results are based on Canadian GAAP and dollars are reported in Canadian currency, unless otherwise noted." More | May 09
Claude Resources Announces First Quarter Results "For the three months ended March 31, 2008, the Company recorded net earnings of $0.4 million, or $0.00 per share, after a $2.2 million non-cash recovery related to income tax benefits arising from the issue of flow-through shares. This compares to a net loss of $0.04 million, or $0.00 per share, after a $1.7 million non-cash recovery related to income tax benefits arising from the issuance of flow-through shares for the comparable period in 2007." More | May 08
Seabridge Gold Files First Quarter Financial Statements and MD&A "Seabridge Gold Inc. (CDNX:SEA.V - News)(AMEX:SA - News) announced today that it has filed its First Quarter Financial Statements, and Management's Discussion and Analysis for the period ended March 31, 2008 on SEDAR. To review these documents, please see http://www.seabridgegold.net/2008-Q1.pdf." More | May 08
Agnico-Eagle reports strong first quarter 2008 results; Initial start-up at new Goldex mine "Agnico-Eagle Mines Limited ("Agnico-Eagle" or the "Company") today reported quarterly net income of $28.9 million, or $0.20 per share for the first quarter of 2008. This result includes a non-cash foreign currency translation gain of $8.9 million, or $0.06 per share. Additionally, the non-cash stock option expense totaled $12.8 million, or $0.09 per share in the first quarter. In the first quarter of 2007, the Company reported net income of $24.9 million, or $0.21 per share." More | May 08
ASA Limited Declares Dividend "ASA Limited (NYSE:ASA - News) today declared a dividend of $.30 per share on the common shares of the Company payable May 30, 2008 to shareholders of record on May 23, 2008." More | May 08
Jaguar Mining Reports Q1 2008 Earnings "Q1 2008 earnings per fully diluted share totaled $0.01 compared to a loss of $0.01 in Q1 2007. Record revenue for Q1 2008 totaled $18.8 million, an increase of 187% from the same period last year. Gold sales for Q1 2008 totaled 20,344 oz at an average price of $924/oz compared to Q1 2007 figures of9,885 oz at $662/oz." More | May 07
Yamana Gold Reports First Quarter Results and Increased Dividend-Strong Earnings and Cash Flow, With Solid Growth "Adjusted earnings for the quarter of $134.7 million ($0.20 per share) represents a 185% increase from the first quarter last year and a 282% increase from the preceding quarter. Net earnings of $63.1 million are adjusted to reflect the economic impact of copper hedges." More | May 07
Apollo Gold Reports First Quarter 2008 Results "Apollo Gold Corporation (“Apollo” or the “Company”) (AMEX:AGT - News)(TSX:APG - News) announced today net income of $3.7 million, or $0.02 per share, for the three months ended March 31, 2008, as compared to a net loss of $4.6 million, or $0.03 per share, for the three months ended March 31, 2007. Unless otherwise indicated, all dollar amounts are reported in US currency." More | May 07
Aurizon Reports Highlights of First Quarter 2008 Results "In the first quarter of 2008, Aurizon incurred a net loss of $3.8 million, or ($0.03) per share, compared to net earnings of $0.7 million, or nil per share, in the same period of 2007. Operating results were impacted by non-cash derivative losses of $8.0 million and foreign exchange gains of $0.9 million, on an after tax basis. After adjusting for these items, net earnings for the quarter were $3.3 million, or $0.02 per share, compared to adjusted net earnings in the first quarter of 2007 of $1.2 million or $0.01 per share." More | May 07
Gammon Gold Announces First Quarter Financial Results and Net Earnings of $0.07 per Share - A Record Setting Quarter and a 137% Improvement over Q4 2007 "Consolidated net earnings were $8.5 million in Q1 2008, representing an increase of $29.2 million over Q4 2007. These improvements were primarily due to higher production, higher metal prices and lower costs of production as evidenced by the reduction in total cash costs per gold equivalent ounce to $491 in Q1 2008, representing a decrease of 27% over Q4 2007." More | May 07
Golden Star Reports First Quarter 2008 Results "During the three months ended March 31, 2008, Golden Star’s revenues increased by 78% over the first quarter of 2007 from $29.9 million to $53.2 million. Ounces of gold sold increased 25% over the first quarter of 2007 to 57,427 from 45,825 ounces. The average cash operating costs increased from $535 per ounce to $624 per ounce in the same period." More | May 06
Kinross Gold Corporation: Kupol Begins Processing Ore "Net earnings for the first quarter were $70.9 million, or $0.12 per share, compared with net earnings of $68.5 million, or $0.16 per share, for the same period last year. Earnings for the first quarter included a gain of $11.5 million, or $0.02 per share, related to the sale of Kubaka. The year-over-year decrease in earnings per share is largely due to a 39% increase in the average number of shares outstanding." More | May 06
Western Goldfields Announces First Quarter Results "Western Goldfields incurred a net loss to common shareholders for the three month period ended March 31, 2008 of $19.6 million, or $0.14 per share. This compares to a loss of $2.6 million, or $0.03 per share for the three month period ended March 31, 2007. The net loss includes a non-cash pre-tax loss of $24.1 million arising from the mark-to-market of contracts for the forward sale of gold, which were taken out as a requirement of our term loan facility." More | May 06
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Earnings
Saturday, March 25th: Bob Chapman, International Forecaster 