Royal Gold Reports Record Revenue and Net Income for Second Quarter Fiscal 2012 "ROYAL GOLD, INC. (NASDAQ:RGLD - News) (TSX:RGL.TO - News) today announced record net income attributable to Royal Gold stockholders of $23.4 million, or $0.42 per basic share, on record royalty revenue of $68.8 million for the second quarter of fiscal 2012. This compares to net income attributable to Royal Gold stockholders for the second quarter of fiscal 2011 of $18.3 million, or $0.33 per basic share, on royalty revenue of $56.3 million." More | February 02
Golden Star Reports Preliminary Fourth Quarter Operational Results "Golden Star Resources Ltd. (AMEX: GSS - News) (TSX: GSC.TO - News) (GHANA: GSR) ("Golden Star" or the "Company") today announced preliminary fourth quarter production results for its Bogoso/Prestea and Wassa/HBB operations.
Production for the fourth quarter of 2011 was 70,738 ounces of gold compared with the guidance of 80,000 ounces. As mentioned in the November conference call, Bogoso/Prestea operations were impacted by the necessity of having to temporarily shut down the sulfide plant and clean out the BIOX® section's blower manifolds in October. Our efforts to catch up to guidance later in the quarter were affected at both mines by intermittent grid power outages and at Bogoso/Prestea by the low mechanical availability of the BIOX® section due to failures of agitators and gearboxes. Wassa was impacted throughout the fourth quarter by wet oxide ores from the high grade Hwini-Butre pits, which caused continuous blockages in the crusher section of the processing plant." More | January 05
International Minerals Reports $15.2 Million in After-Tax Net Income for First Fiscal Quarter Ending September 30, 2011; Update on Inmaculada Project, Peru "International Minerals Corporation (TSX: IMZ.TO - News) (SIX: IMZ.TO - News) (the "Company") reports excellent financial results for its first fiscal quarter ended September 30, 2011, highlighted by $15.2 million in consolidated net and comprehensive income after tax, including net equity earnings of $14.9 million from the Company's 40% interest in the Pallancata Mine in Peru." More | December 14
Pacific Rim Mining Announces Fiscal 2012 Second Quarter Results "Pacific Rim is an environmentally and socially responsible exploration company whose business plans and management talent focus on high grade, environmentally clean gold deposits in the Americas. Pacific Rim's most advanced asset is the vein-hosted El Dorado gold project in El Salvador, where the Company also owns several grassroots gold projects. The Company recently acquired a joint venture option on the Hog Ranch epithermal gold project in Nevada and is actively pursuing additional exploration opportunities elsewhere in the Americas." More | December 13
Kirkland Lake Gold Inc.: Fiscal 2012 Second Quarter Financial and Operational Results "Second quarter production and financial results through end October have seen operations on budget and plan for the first half of fiscal 2012. The mine plan for the year is designed to increase production in the third and fourth fiscal quarters and the annual production target remains between 110,000 to 130,000 of gold. As at end of November, we were slightly ahead of plan in regards of ounces poured and sold." More | December 08
SilverCrest Reports $5.1 Million Third Quarter Cash Flow from Operations "SilverCrest Mines Inc. (TSX-V: SVL.V - News)(OTCQX: STVZF.PK - News)(PINK SHEETS: STVZF) (the "Company" or "SilverCrest") is pleased to announce strong positive cash flow, earnings and operating results for its third quarter ended September 30, 2011, being the second quarter of commercial production at its Santa Elena Mine in Sonora, Mexico. This press release should be read in conjunction with the Company's Management Discussion & Analysis, Condensed Consolidated Interim Financial Statements and Notes to Financial Statements for the nine month period ended September 30, 2011, available on the Company's website at www.silvercrestmines.com and on SEDAR at www.sedar.com. All monetary figures are expressed in United States dollars unless otherwise specified." More | November 29
Alexco Reports First Fiscal Quarter Financial Results "Alexco Resource Corp. (TSX: AXR.TO - News)(AMEX: AXU - News) today announces pre-tax income of $3.8 million and net income of $3.1 million ($0.05 per share) for the three months ended September 30, 2011. The period marks the third full quarter of production from the Bellekeno mine since the start of commercial production in January. Bellekeno, located in Yukon's Keno Hill Silver District, is Canada's only producing primary silver mine." More | November 28
IMPACT Silver Corp. Announces Record Revenues and Net Earnings for the Nine Months Ended September 30, 2011 "IMPACT had a very successful third quarter which contributed to record revenues, earnings and silver production for the first nine months of 2011. Earnings Per Share ("EPS") for the first nine months increased significantly to a new company record of $0.11 EPS, compared to $0.03 EPS in 2010." More | November 28
Comstock Mining Announces Third Quarter 2011 Results "This quarter we published the largest resource increase in our history, including the discovery of high grades of gold and prevalent deposits of silver. We are now focused on preparing our starter mine for production in the Spring of 2012," said Corrado De Gasperis , Chief Executive Officer of Comstock Mining Inc. "Pre-production activities have begun with construction of a double-lined, process solution pond, delivery of our new crushing equipment and the offsite construction and assembly of the expanded Merrill-Crowe processing facility." More | November 15
Kimber Announces First Quarter Financial Results "Kimber had working capital of $11.0 million , including $11.4 million in cash and cash equivalents, as of September 30, 2011 , a significant increase over the $7.7 million of working capital as of June 30, 2011. Kimber's net loss for the three months ended September 30, 2011 was $758,187 or $0.01 per common share compared with a net loss of $647,006 or $0.01 loss per share for the three months ended September 30, 2010." More | November 15
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