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Excellon Announces Closing of C$6.6 Million Financing - "Excellon Resources Inc. (EXN.TO) (EXLLF) ("Excellon" or the "Company"), Mexico's highest grade silver producer, is pleased to announce that it has completed its previously announced C$6,600,000 financing, comprising C$5,610,000 principal amount of secured convertible debentures of the Company (the "Debentures") and the sale of a net smelter return royalty (the "NSR") on the Platosa Project for C$990,000 (collectively, the "Financing"). References to principal amounts and conversion or exercise prices in respect of the Financing are in Canadian dollars." More
- 11/30/15 | Item


Endeavour Silver Announces At-the-Market Offering of Up to US $16.5 Million - "The Offering will be made by way of a prospectus supplement dated November 25, 2015, to the Company's existing U.S. registration statement on Form F-10 (the "Registration Statement") and Canadian short form base shelf prospectus (the "Base Shelf Prospectus"), each dated July 29, 2014. The prospectus supplement relating to the Offering has been filed with the securities commissions in each of the provinces of Canada (other than Québec) and the United States Securities and Exchange Commission." More
- 11/27/15 | Item


Santacruz Silver Agrees To New US$9.5 Million Loan Facility; Replaces Existing Corporate Debt Arrangement - Santacruz Silver Mining Ltd. ("Santacruz" or the "Company") (TSX.V:SCZ) announces that the Company has agreed in principle to terms whereby it will receive US$9.5 million under a senior secured loan facility (the "Loan Facility") with a lender syndicate (the "CrediPresto Syndicate") headed by CrediPresto Group ("CrediPresto") and including two other institutions." More
- 11/24/15 | Item


Silvercorp Reports Newly Exposed Mineralization At The TLP Mine From Its 2015 Exploration Tunneling Program - 1,414 Meters In Total Length - "The 2015 exploration program at the TLP mine consists of exploration tunneling and underground diamond drilling on major production vein structures T11, T14, T15, T16, T21, T22E, T23, T33 and T35E and their parallel subzones and splay structures to upgrade and expand the known mineral resources and to explore for new mineralized zones. Exploration tunneling, consisting of drifting, crosscutting and raising, has continuously exposed high-grade mineralized zones within production vein structures between levels 920m and 650m, and underground drilling, mainly comprising stepout and test holes, has successfully expanded known mineral resource blocks and further traced the downdip and strike extensions of the target vein structures from the current mining and development levels." More
- 11/23/15 | Item


Almaden Minerals Ltd. Announces Closing of $3,380,000 Non-Brokered Private Placement - "Almaden Minerals Ltd. ("Almaden" or the "Company") (AMM.TO)(NYSE MKT: AAU) is pleased to announce that it has closed a non-brokered private placement involving the issuance of 4,506,666 units ("Units") at $0.75 per Unit. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant (each such whole share purchase warrant, a "Warrant"). Each Warrant allows the holder to purchase one common share of the Company at a price of $1.00 per share until November 17, 2017. Fees consisting of $44,000 in cash and warrants to purchase up to 35,200 common shares at a price of $0.77 per common share until November 17, 2017 were paid to finders on a portion of the placement." More
- 11/17/15 | Item


Aurcana Corporation Announces Court Approval of Restructuring Transaction - "Aurcana Corporation (TSX VENTURE:AUN) (the "Company" or "Aurcana") announces that on Friday, November 13, 2015, the Ontario Superior Court of Justice (the "Court") approved the restructuring transaction previously announced by the Company on October 16, 2015 (the "Restructuring Transaction") under which all of the Company's debt obligations to Orion Mine Finance (Master) Fund I L.P. (the "Lender"), as lender under the Company's amended and restated senior secured credit facility dated April 29, 2014 (the "Facility"), will be extinguished pursuant to proceedings under the Canada Business Corporations Act (the "CBCA Proceedings") commenced and announced by the Company on October 30, 2015." More
- 11/16/15 | Item


Silvercorp Reports its 2015 Resource Expansion Drilling at the SGX Mine, Ying Mining District, China - "Silvercorp Metals Inc. ("Silvercorp" or the "Company") (SVM.TO) is pleased to report the results of its on-going exploration program in the first three quarters of 2015 at the SGX mine, Ying Mining District, Henan Province, China." More
- 11/16/15 | Item


Golden Minerals Acquires Mining Rights For Cordero Property - "Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") announced today that it has acquired the mining rights for the Santa Rosa vein in the San Luis del Cordero Project in Durango State, Mexico, pursuant to an exploration and exploitation agreement signed with the wholly-owned Mexican subsidiary of Prospero Silver Corp. (TSXV: PSL) ("Prospero")." More
- 11/16/15 | Item


First Majestic Reports Third Quarter Financial Results - "Our operational team continued to make positive steps in reducing input costs during the third quarter. Consolidated production costs decreased to $41.81 per tonne which represents an 11% improvement when compared to the prior quarter and the lowest rate since the second quarter of 2013," stated Keith Neumeyer, President and CEO of First Majestic. "More aggressive cost cutting initiatives were launched in the quarter resulting in 180 layoffs and additional personnel reductions are being completed in the fourth quarter. These difficult times are requiring difficult decisions, however, the Company remains focused on free cash flow and producing ounces that are profitable at current metal prices." More
- 11/16/15 | Item


Golden Minerals Reports Third Quarter 2015 Results - "The Company reported a net loss of $16.8 million in the third quarter 2015 compared to a net loss of $3.6 million in the third quarter 2014. The difference is primarily attributable to a $13.2 million long-term asset impairment charge taken in the current quarter related to the November 2015 shutdown of mining activities at the Velardena Properties." More
- 11/16/15 | Item


MAG Silver Reports Third Quarter Financial Results - "The Company's net loss for the three and nine months ended September 30, 2015 amounted to $1,987,852 and $6,659,825 respectively (September 30, 2014: $3,680,228 and $6,830,465 respectively), or $0.03/share and $0.10/share respectively (September 30, 2014: $0.05/share and $0.11/share respectively). The Company recorded share based payment expense, a non-cash item, in the three and nine months ended September 30, 2015 of $307,002 and $1,741,720 respectively (September 30, 2014: $2,075,523 and $2,968,049 respectively)." More
- 11/13/15 | Item


Tahoe Resources Reports Strong Third Quarter - "Tahoe Resources Inc. (TSX, BVL: THO; NYSE: TAHO) is pleased to announce financial results for the quarter ending September 30, 2015 and to provide a production update for operations in Guatemala and Peru." More
- 11/12/15 | Item


Pan American Silver reports increased silver production and record gold production in the third quarter of 2015 - "Pan American generated $159.4 million in revenue during the third quarter of 2015, a decline of 11% compared to the same quarter of 2014. The main reason for the revenue decrease in the reporting quarter was the significant price deterioration for all metals produced by the Company, in addition to increased treatment and refining charges, partially offset by increased quantities of gold and copper sold." More
- 11/12/15 | Item


Coeur Discovers New High-Grade Mineralization at Palmarejo - "Coeur Mining, Inc. (“Coeur” or the “Company”) (CDE) announced the discovery of new high-grade silver-gold mineralization at the Palmarejo Complex in Mexico, including at Guadalupe, at Independencia, and at the Nación and Los Bancos zones, which are located in the 800 meter wide corridor between Guadalupe and Independencia. The latest drill results at Guadalupe demonstrate the highest grades and widest intercepts observed to date and compare favorably to the current average silver and gold reserve grades of 4.90 oz/t and 0.075 oz/t, respectively, at Palmarejo." More
- 11/12/15 | Item


Excellon Reports Third Quarter 2015 Financial Results - "We made significant progress this quarter with improved production, recoveries, cash flow and significantly reduced costs despite continued challenging market conditions," stated Brendan Cahill, President and Chief Executive Officer. "Our continued efforts to minimize costs resulted in operating costs improving by 40% this year and we expect this trend to continue as we implement the optimization plan for Platosa. With the balance sheet strengthened as a result of the recently announced $6 million financing, we are now well positioned to meet our long-term operational and financial objectives." More
- 11/12/15 | Item


Alexco Reports Third Quarter 2015 Financial Results - "Alexco Resource Corp. (NYSE MKT:AXU) (AXR.TO) today reports its financial results for the third quarter of 2015. All figures are expressed in Canadian dollars unless otherwise stated. For the third quarter of the year Alexco reported a net loss of $1.6 million, or $0.02 per share, on revenue of $3.4 million." More
- 11/12/15 | Item


Santacruz Silver Reports Third Quarter 2015 Financial Results - "During the third quarter the Rosario Mine made significant steps towards continued improvements in operational performance. Over the quarter we transitioned from third party contract mining to our in-house mining operations team, which carried additional costs for third quarter, but benefits will be reflected in the following quarters and years to come. With this move we will be able to continue to reduce the mining costs at the Rosario Mine. In addition, the Company commenced using a new permanent tailings disposal system that utilizes dry-stacking technology in conjunction with the prior existing tailings structure. Operating costs are also expected to decrease as a result of the implementation of this system." More
- 11/11/15 | Item


Fortuna Reports Consolidated Financial Results for the Third Quarter 2015 - "Our operation at San Jose continues to outperform, enabling the company to sustain positive financial results amidst an extremely challenging metal price environment. Our teams continue to focus on running our operations efficiently, optimizing mine plans and increasing margins per tonne." Mr. Ganoza added, "With the commissioning of the San Jose expansion to 3,000 tpd in mid-2016, the company will further improve its operating margins and cash flow generation." More
- 11/09/15 | Item


Silver Standard reports third quarter 2015 results - "This was a solid quarter with both mines performing to plan in terms of production and cash costs. Importantly, we have set up the mines, particularly Marigold, for a strong fourth quarter and are well on track to achieve our guidance metrics at both. This, along with our strong balance sheet, with over $300 million in cash and marketable securities, and added liquidity through our revolving credit facility, enables us to pursue growth opportunities and continue creating shareholder value." More
- 11/05/15 | Item


Great Panther Silver Reports Third Quarter 2015 Financial Results - "Great Panther's third quarter 2015 financial results benefited from continued reductions in cash cost, all-in sustaining cost, and from production growth which helped mitigate further weakness in silver and gold prices," stated Robert Archer, President and CEO. "All-in sustaining cost for the third quarter was once again below current silver prices. Most significantly, although operating cash flow for the third quarter was dampened by weak metal prices, operating cash flow for the first nine months of the year exceeded both sustaining capital expenditures and exploration expenditures, even as we ramped up exploration and assessment activities on the Guadalupe de los Reyes Project and the Coricancha Mine." More
- 11/05/15 | Item


Tahoe Resources Declares Eleventh Monthly Dividend For 2015 - "Tahoe Resources Inc. (TSX, BVL: THO, NYSE: TAHO) is pleased to declare its eleventh monthly dividend for 2015 of USD$0.02 per common share. Shareholders of record at the close of business on Wednesday, November 4, 2015 will be entitled to receive payment of this dividend on Wednesday, November 25, 2015." More
- 11/04/15 | Item


Hecla Reports Third Quarter 2015 Results - "During the third quarter we delivered solid production performance, with Greens Creek continuing to lead the way. Cash costs, after by-product credits, were higher because of the weak price of our by-product metals," said Phillips S. Baker Jr., Hecla's President and CEO. "Hecla's cash flow and balance sheet have allowed continued investment in capital improvements, growth and exploration initiatives; the benefits of which are just beginning to be realized. We expect San Sebastian to start processing ore by year end, Casa Berardi is accessing a newly discovered, high-grade stope and the Lucky Friday has returned to full production after replacing the main ventilation booster fans." More
- 11/04/15 | Item


Silver Wheaton Declares Fourth Quarterly Dividend Payment for 2015 - "Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (SLW) (SLW) is pleased to announce that its Board of Directors has declared its fourth quarterly cash dividend payment for 2015 of US$0.05 per common share." More
- 11/03/15 | Item


Another Record Quarter of Silver Equivalent Production and Sales Volume for Silver Wheaton in the Third Quarter of 2015 - "Silver Wheaton achieved record production for a third quarter in a row and record sales volume for a second quarter in a row, driven by record production at Salobo and Peñasquito and record sales volume at San Dimas . In addition, the ramp-up of production at Salobo and Constancia continue to progress as expected." More
- 11/03/15 | Item


Silver Wheaton acquires silver stream from Glencore's Antamina mine - "Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (SLW) (SLW) is pleased to announce that its wholly-owned subsidiary, Silver Wheaton (Caymans) Ltd. ("SWC"), has agreed to acquire from Anani Investments Ltd. ("Anani"), a wholly-owned subsidiary of Glencore plc ("Glencore") an amount of silver calculated by reference to silver produced at the Antamina mine, located in Peru. SWC will pay Glencore cash consideration of US$900 million for the silver stream. In addition, SWC will make ongoing payments of 20% of spot price per silver ounce delivered." More
- 11/03/15 | Item


Coeur Files Technical Report for Palmarejo Complex - “The technical report reflects a robust, high-margin mine plan at current metal prices showing substantial improvements in production, mine life, grades, recoveries, costs, and cash flow compared to the last technical report for Palmarejo filed eight months ago. This enhanced plan demonstrates Palmarejo’s transition to ‘quality over quantity’ production and highlights the importance of the Independencia Este deposit, which was added through the acquisition of Paramount Gold and Silver Corp. in April. This adjacent ore body carries a silver equivalent1 reserve grade 17% higher than Guadalupe and is not subject to the Franco-Nevada obligation impacting other areas at Palmarejo, which is scheduled to be reduced to significantly lower levels beginning next September.” More
- 11/03/15 | Item


Santacruz Silver Announces a Long Term Agreement to Explore and Mine the Veta Grande and Minillas mineral properties, located in the State of Zacatecas, Mexico - "Santacruz Silver Mining Ltd. (SCZ.V) (the "Company" or "Santacruz") is pleased to announce that it has entered into a definitive agreement with Minera Contracuña I, S.A. de C.V. and Vetalinda Compania Minera, S.A. de C.V. (together "Contracuña"), pursuant to which Contracuña has granted Santacruz the right for thirty years to explore, mine and operate Contracuna's Veta Grande and Minillas silver-gold-zinc-lead mineral properties which cover approximately 1,100 hectares within the State of Zacatecas, in central Mexico." More
- 11/02/15 | Item


Endeavour Silver Reports Financial Results for Third Quarter, 2015; Conference Call at 11am PST (2pm EST) on November 2, 2015 - "Given the falling precious metal prices this year, management has continued to focus on reducing costs and improving productivity at each of our mines, with significant success. Over the past five quarters, we have reduced our consolidated operating costs per tonne by 28% from US$103.58 down to US$75.07. Our operations team can take great pride in their accomplishments resulting from our philosophy of continuous improvement. We expect to meet or beat our guidance on all operating metrics for 2015." More
- 11/02/15 | Item


Excellon Updates Optimization Plan for Platosa Mine - "Excellon Resources Inc. (EXN.TO)(EXLLF) ("Excellon" or the "Company"), Mexico's highest grade silver producer, is pleased to announce positive updates to the optimization plan announced on June 2, 2015 (the "Optimization Plan") for the Platosa Mine in Durango, Mexico." More
- 11/02/15 | Item


Excellon Announces C$6 Million Financing - "Excellon Resources Inc. (EXN.TO)(EXLLF) ("Excellon" or the "Company"), Mexico's highest grade silver producer, is pleased to announce that it has arranged a fully subscribed financing of C$6,000,000 through the private placement of secured convertible debentures of the Company (the "Debentures") and the sale of a net smelter return royalty (the "NSR") on the Platosa Project (collectively, the "Financing"). The proceeds from the Financing will be used to immediately begin implementing the previously announced Optimization Plan at the Platosa Mine (see press release dated June 2, 2015) and for general corporate purposes. References to principal amounts and conversion or exercise prices in respect of the Financing are in Canadian dollars." More
- 11/02/15 | Item