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Santacruz Silver Reports Second Quarter Financial Results - "During the quarter we made significant progress on strengthening our balance sheet by advancing negotiations for a CAD $15 million equity raise which was closed subsequent to the quarter end. This allowed us to restructure our senior debt obligations into a new debt facility with a significantly lower principal balance, resulting in a substantial improvement of our capital structure," said Arturo Préstamo, President and CEO. More
- 08/30/16 | Item


Silvercorp announces Ontario Court of Appeal upholds ruling dismissing proposed securities class action lawsuit - "Silvercorp Metals Inc. (SVM.TO) ("Silvercorp" or the "Company") announces that the Ontario Court of Appeal has dismissed the plaintiff's appeal brought on behalf of shareholders seeking to certify a securities class action originally filed in May 2013 against the Company, its Chairman and Chief Financial Officer at the time. In October 2015, the Ontario Superior Court of Justice dismissed the plaintiff's motion for leave and certification of the claim as a class action, and awarded the Company costs in the amount of $500,000." More
- 08/26/16 | Item


Mines Management Inc. : NYSE MKT Extends Mines Management's Compliance Plan - "MINES MANAGEMENT, INC. (NYSE-MARKET: "MGN", TSX: "MGT")(also the "Company") has received notification from the NYSE MKT (the "Exchange") stating that, in accordance with Section 1009 of the Company Guide, the Company has made a reasonable demonstration of its ability to regain compliance with Section 1003(a)(iv) of the NYSE MKT Company Guide (the "Company Guide") by the end of the revised plan period, which the Exchange has extended to be September 30, 2016." More
- 08/24/16 | Item


IMPACT Silver Announces Second Quarter 2016 Financial and Production Results - "The increase in silver prices has had a positive impact on the Company's financial performance. For the fourth consecutive quarter the Company's EBITDA1 is positive at $0.6 million for Q2 2016 compared to a negative EBITDA of $0.8 million in Q2 2015. Revenues in Q2 2016 increased by 61% over Q2 2015 to $4.4 million. Operationally, the Company is continuing to improve its mine operating income, achieving income of $0.7 million in Q2 2016 compared to a loss of $0.8 million in Q2 2015." More
- 08/23/16 | Item


Excellon Appoints Ben Pullinger as Vice-President Geology - "Excellon Resources Inc. (EXN.TO) (EXLLF) ("Excellon" or the "Company"), Mexico's highest grade silver producer, is pleased to announce the appointment of Ben Pullinger, P.Geo as Vice-President Geology effective in mid-September 2016, taking over from John Sullivan, P.Geo., who is stepping into a consulting role." More
- 08/23/16 | Item


Mines Management Inc. : Second Quarter 2016 Financial Results and Montanore Project Update - "The Company continues to expense all of its expenditures when incurred, with the exception of equipment and buildings which are capitalized. The Company has no revenues from mining operations. Financial results of operations include primarily general and administrative expenses, permitting and maintenance of the Montanore Project, and legal, accounting, and consulting expenses." More
- 08/18/16 | Item


SilverCrest Reports More High Grade Underground Sampling Results at Las Chispas; Multiple Sample Results Greater than 2,500 gpt AgEq* - "SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce an update on the underground rehabilitation program with additional assay results from underground channel sampling at its Las Chispas Project ("Las Chispas") located in Sonora, Mexico. Las Chispas is in a historic silver-gold mining district which presently hosts two nearby precious metal producers. Historic information indicates that only three veins of the fourteen historically reported veins at Las Chispas have had documented production, which occurred between 1880 and 1930." More
- 08/18/16 | Item


Excellon Resumes Drilling at La Platosa - "Excellon Resources Inc. (EXN.TO) (TSX:EXN.WT) (EXLLF) ("Excellon" or the "Company"), Mexico's highest grade silver producer, is pleased to announce that it has commenced an initial 25,000 metre diamond drilling exploration at its 100%-owned La Platosa property in Durango, Mexico, where the Company has been mining since 2005." More
- 08/17/16 | Item


Avino Reports Q2 2016 Financial Results - "Clearly the highlight of the Company's second quarter was declaring commercial production at the Avino Mine, our second and largest mining operation," said David Wolfin , Avino's President and CEO. "This achievement marks years of determined effort by our entire team, both in Mexico and Canada , for which I am grateful. The Company is significantly more valuable as a result." More
- 08/16/16 | Item


MAG Silver Reports Second Quarter Financial Results - "As at June 30, 2016, the Company had working capital of $141,291 (June 30, 2015: $81,681) including cash and term deposits of $140,858 (June 30, 2015: $81,031). The Company currently has no debt and has sufficient working capital to maintain all of its properties and currently planned programs for a period in excess of the next year. In the three and six months ended June 30, 2016, the Company expended cash to fund advances to Minera Juanicipio, which combined with MAG's Juanicipio expenditures on its own account, totaled $2,119 and $5,153 respectively (June 30, 2015: $990 and $3,181 respectively)." More
- 08/15/16 | Item


Wide High-Grade Intercepts Confirm and Extend Valdecanas Deep Zones Laterally and to Depth - "MAG Silver Corp. (MAG)(NYSE MKT:MAG) ("MAG" or the "Company") reports the confirmation and extension of wide high-grade mineralization from the Deep Zone discovery on the Minera Juanicipio joint venture property (Fresnillo plc 56%; MAG 44%) previously announced April 23, 2015." More
- 08/15/16 | Item


Great Panther Silver Resumes Operations at Topia Mine - "GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL) ("Great Panther"; the "Company") announces that it is resuming mining and processing operations today at its Topia Mine in Durango, Mexico, following last week's temporary shutdown." More
- 08/12/16 | Item


Pan American Silver announces net earnings of $34.2 million ($0.22 per share) in the second quarter - "Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) ("Pan American", or the "Company") today reported unaudited results for the second quarter ended June 30, 2016 ("Q2 2016"). Net earnings were $34.2 million ($0.22 per share) compared with a net loss of $7.3 million ($0.05 loss per share) recorded in the second quarter of 2015 ("Q2 2015"). The $41.5 million increase in net earnings was largely driven by lower production costs, as reflected by a 41% drop in quarter over quarter cash costs to $5.57 per payable ounce of silver in Q2 2016. The increase in net earnings also reflects the sale of certain non-core mineral property assets in Peru." More
- 08/11/16 | Item


SilverCrest CEO to Take Temporary Leave of Absence - "SilverCrest Metals Inc. ("SilverCrest" or the "Company") announced today that N. Eric Fier, President and Chief Executive Officer, has taken a partial leave of absence due to a medical procedure which he is undergoing this week. Dunham L. Craig , P.Geo., Director, has been appointed Interim Chief Executive Officer and will assume the CEO responsibilities on a temporary basis. Mr. Fier will remain as President and Director of SilverCrest until such time as he is able to return to his duties on a full time basis which is anticipated to be by the end of 2016." More
- 08/11/16 | Item


Silvercorp Reports Q1 Results: Net Income up 73%, Cash Flows From Operations up 52% to US$20.2 Million - "Sales in Q1 Fiscal 2017 were $35.3 million compared to $32.2 million in Q1 Fiscal 2016. Silver and gold sales represented $20.8 million and $0.9 million , respectively, while base metals represented $13.6 million of total sales in this quarter compared to silver, gold and base metals of $17.9 million , $0.7 million , and $13.6 million , respectively, in Q1 Fiscal 2016." More
- 08/11/16 | Item


Endeavour Silver President and COO Godfrey Walton Assumes the Responsibilities of VP of Operations and Country Manager - "Endeavour Silver Corp. (EXK) (EDR.TO) announces the resignation of David Howe as VP Operations and Country Manager effective August 13, 2016. An executive search is under way and Endeavour President and COO Godfrey Walton will assume the responsibilities of VP of Operations and Country Manager until a new candidate is appointed." More
- 08/11/16 | Item


Golden Minerals Reports Second Quarter 2016 Results - "The Company reported a net loss of $3.9 million in the second quarter 2016 compared to a net loss of $3.9 million in the second quarter 2015. The 2016 net loss includes $1.2 million of non-cash derivative losses related to the Company's warrants and convertible loan. (See Notes 11 and 18 in the Company's Form 10-Q for the period ending June 30, 2016 for complete details.) The 2015 net loss of $3.9 million included non-cash derivative income of $0.2 million related to the Company's warrants." More
- 08/11/16 | Item


Golden Minerals Provides Exploration Properties Update - "At the Santa Maria mine west of Hildalgo de Parral, Chihuahua, which the Company has the right to acquire under an option agreement, Golden Minerals has recently completed an underground drilling program of 2,200 meters in 24 drill holes. Assay results are complete and the Company is evaluating the results to update the resource estimate and complete a Preliminary Economic Assessment during the second half of 2016." More
- 08/11/16 | Item


Tahoe Resources Introduces Dividend Reinvestment Plan - "Tahoe Resources Inc. ("Tahoe" or the "Company") (THO.TO)(TAHO) is pleased to announce the introduction of a dividend reinvestment plan (the "DRIP"). The DRIP will provide eligible holders of Tahoe common shares an opportunity to purchase additional common shares of the Company without paying commissions or other service charges by reinvesting their cash dividends." More
- 08/11/16 | Item


Silver Standard Reports Second Quarter 2016 Results - "In the second quarter of 2016 we completed the acquisition of Claude Resources, adding a third cash-flow generating mine to our portfolio. The combined production for our operations totaled nearly 100,000 gold equivalent ounces, including full quarter production at the Seabee Gold Operation and we are well-positioned to deliver a strong second half of the year." More
- 08/10/16 | Item


Silver Wheaton Declares Third Quarterly Dividend Payment for 2016 - "Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (SLW) (SLW) is pleased to announce that its Board of Directors has declared its third quarterly cash dividend payment for 2016 of US$0.05 per common share." More
- 08/10/16 | Item


Alexco Reports Second Quarter 2016 Results - "Alexco Resource Corp. (NYSE MKT:AXU)(AXR.TO) today reports financial results for the second quarter ended June 30, 2016. All figures are expressed in Canadian dollars unless otherwise stated. For the second quarter of 2016 Alexco recorded net income of $152,000 or $0.00 per share, including $0.9 million in depreciation and share-based compensation costs offset by an unrealized gain of $1.5 million on warrants held as an investment. Alexco Environmental Group ("AEG"), a wholly owned subsidiary of Alexco, recognized revenues of $2.8 million during the second quarter of 2016 with a gross profit of $0.7 million, achieving a gross margin of 25%." More
- 08/10/16 | Item


Silver Wheaton announces record gold sales for the second quarter of 2016 - "On a silver equivalent basis¹ and gold equivalent basis¹ attributable production in Q2 2016 was 12.9 million silver equivalent ounces ("SEOs") or 171,300 gold equivalent ounces ("GEOs"), compared with 10.8 million SEOs or 149,100 GEOs in Q2 2015, an increase of 18% and 15%, respectively." More
- 08/10/16 | Item


Almaden Confirms High Grade Vein Zone Outside of Amended PEA Pit, Hits 1.0 Meter of 6.19 g/t Gold, 1250 g/t Silver Within Broad Zone of Veining - "Almaden Minerals Ltd. ("Almaden" or "the Company") (AMM.TO) (NYSE MKT: AAU) is pleased to announce assay results from Almaden's ongoing exploration and development program at the Company's Tuligtic project, Mexico. Drill hole TU-16-318A was drilled from the bottom of hole TU-13-318 which in 2013 stopped short of the vein zone reported today. By deepening this hole the Company was able to confirm a zone of veining intersected up-dip in hole TU-11-056, which in 2011 hit two high grade veins that returned 1.26 meters of 2.45 g/t gold and 854 g/t silver and 0.95 meters of 13.86 g/t gold and 2577 g/t silver respectively." More
- 08/10/16 | Item


Avino commences construction of new Tailings Storage Facility - "The new TSF is being constructed by Desarrollos ROD, S.A. de C.V. who are recognized as one of the premier contractors in Mexico for tailings related projects. The new TSF will cover 21 hectares and will be able to store 7.5 million tons of wet tailings. The TSF will be built in 4 stages; the first 2 stages, which are expected to take approximately 6 months to complete, have an estimated cost of US$2.2 million and will provide enough capacity for 6 operating years." More
- 08/10/16 | Item


First Majestic Reports Second Quarter Financial Results - "We had excellent second quarter results with costs significantly beating guidance," stated Keith Neumeyer, President and CEO of First Majestic. "The balance sheet has dramatically improved over the past two quarters, primarily due to the recent equity financing, the elimination of the prepayment facility and the increase in cash flows. As a result, the Company is beginning to accelerate a number of growth projects with high internal rates of return." More
- 08/10/16 | Item


Tahoe Resources Reports Record Revenue and Cash Flow Per Share - "Tahoe Resources Inc. ("Tahoe" or the "Company") (THO.TO)(TAHO) today announced strong financial and operations results for the second quarter and first half of 2016, including record half-year silver and gold production as well as record levels of revenue and cash flow per share for both the quarter and year to date. The Company also announced the election of Ron Clayton as President & Chief Executive Officer ("CEO") and Elizabeth McGregor as Vice President & Chief Financial Officer ("CFO"), effective August 16, 2016." More
- 08/09/16 | Item


Fortuna Reports Consolidated Financial Results for the Second Quarter 2016 - "We have had a strong operational and financial quarter with solid performance for the first half of the year. With San Jose now in commercial operation at 3,000 tpd, and capital requirements at our existing mines reduced significantly, we are poised to capitalize from the recovery in metal prices." Mr. Ganoza continued, "The Company is now focused on advancing the recently acquired Lindero Gold Project into construction in 2017 with commercial production expected by the second half of 2018." More
- 08/09/16 | Item


Silver Standard favorably resolves dispute with Canada Revenue Agency - "IAMGOLD Corporation ("the Company") (IMG.TO)(IAG) today announced that it has entered into an agreement with a syndicate of underwriters led by TD Securities Inc., National Bank Financial Inc. and Morgan Stanley Canada Ltd., pursuant to which they have agreed to purchase, on a bought deal basis, 38,850,000 common shares of the Company at a price of $5.15 per common share (the "Offering Price"), for aggregate gross proceeds to the Company of approximately $200 million (the "Offering")." More
- 08/08/16 | Item


Excellon Reports Second Quarter 2016 Financial Results - "During the second quarter we continued to realize the benefits of operational efficiencies put into place earlier this year," stated Brendan Cahill, President and Chief Executive Officer. "We returned to profitability on an adjusted basis and improved cash flow, as well as realizing material improvements to all-in sustaining costs per ounce before the one-time costs associated with the ongoing Platosa optimization plan." More
- 08/08/16 | Item


Silver Standard Corporate Exploration Update - "Silver Standard Resources Inc. (SSRI) (SSO.TO) ("Silver Standard") provides an update on its exploration activities at its Marigold mine in Nevada, U.S. and its Seabee Gold Operation in Saskatchewan, Canada." More
- 08/08/16 | Item


Silver Bear Approves Facilities Agreement for Final Development and Construction of Mangazeisky Silver Project - "It is with great pleasure we announce the securing of the last element in the project financing package which ensures that the project's accelerated timeline remains on-track. I would like to extend our appreciation to our major shareholders, Inflection and Aterra, for their unwavering support during 2015 and 2016 in helping the team realize the development of this unique and robust asset. Finalizing this agreement is a significant milestone for the Company and major catalyst in providing the financial support to advance Vertikalny towards commissioning in the fourth quarter of this year." More
- 08/05/16 | Item


Hecla Reports Second Quarter 2016 Results - “Hecla's industry-leading production growth of 71% for silver and 41% for gold is due to our organic growth acceleration strategy,” said Phillips S. Baker, Jr. “The result is the highest sales in our history and our second highest adjusted EBITDA. With current prices even higher than the second quarter and continued strong performance from Casa Berardi and San Sebastian, we expect even better results in the future.” More
- 08/04/16 | Item


Tahoe Resources Declares Eighth Monthly Dividend for 2016 - "Tahoe Resources Inc. ("Tahoe") (THO.TO)(TAHO) is pleased to declare its eighth monthly dividend for 2016 of USD$0.02 per common share. Shareholders of record at the close of business on Thursday, August 18, 2016 will be entitled to receive payment of this dividend on Thursday, August 25, 2016." More
- 08/04/16 | Item


Great Panther Silver Reports Second Quarter 2016 Financial Results - "Great Panther's mine operating earnings before non-cash items increased 96% over the second quarter of 2015 due to higher silver and gold prices, favourable foreign exchange rates, and continued strong operating performance. These factors were also reflected in significant increases in operating cash flow and adjusted EBITDA, and contributed to significant growth in our cash and net working capital balances More
- 08/03/16 | Item


Great Panther Silver Reports the Passing of Topia Mine General Manager - "GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL) ("Great Panther"; the "Company") announces that the General Manager of the Topia Mine, Ing. Javier Ramirez Vargas unexpectedly died earlier today in the town of Topia. The circumstances of Mr. Ramirez's death are being investigated by authorities at this time. Although Mr. Ramirez's death did not occur at the Company's operations, out of respect for Mr. Ramirez and to allow our employees time to recover from his sudden passing, the Company has temporarily suspended mining and processing operations at its Topia Mine in Durango." More
- 08/03/16 | Item


SilverCrest Announces First Drill Hole Results From Las Chispas; Multiple Drill Intercepts of Greater Than 2,000 gpt AgEq* - "SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce the first drill hole results at its Las Chispas Project (“Las Chispas”) located in Sonora State, Mexico. Las Chispas is in a historic silver-gold mining district which presently hosts two nearby precious metal producers. Historic information indicates that only three veins, the Las Chispas, William Tell and Babicanora, of the fourteen historically reported veins at Las Chispas had documented production, between 1880 and 1930. SilverCrest’s initial focus is on these three veins." More
- 08/02/16 | Item


Mexico's Penoles posts jump in second-quarter profit - "Mexican miner Penoles on Tuesday reported a 15.7 percent rise in second-quarter net profit, compared to the same period a year earlier, helped by higher gold and silver prices and the exchange rate." More
- 08/02/16 | Item


Silver Wheaton increases its gold stream from the Salobo Mine and revises production guidance - "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 a subsidiary of Vale S.A. ("Vale") (VALE) an additional amount of gold equal to 25% of the life of mine gold production from its Salobo mine, located in Brazil." More
- 08/02/16 | Item


Excellon Reports Second Quarter 2016 Production - "Production during the second quarter remained steady and slightly improved from Q1," stated Brendan Cahill, President and Chief Executive Officer. "As a result of drier underground conditions, we accessed the second level of the Rodilla Manto where further high grade mineralization was mined. With operations on firmer track as a result of our continued efforts to improve operational efficiencies, we expect these improvements to reflect well in our operating costs during the quarter, further benefitted by higher commodity prices. As we move into the third quarter of 2016, we intend to remain focused on improving our operations through the ongoing optimization program, while carrying out exploration drilling near existing infrastructure and following up on high priority, drill-ready targets." More
- 08/02/16 | Item


Silver Wheaton Pays $800 Million for Vale Gold Production - Bloomberg - "The Vancouver-based company will pay cash for 25 percent of the mine’s gold production, adding to the 50 percent of gold output it already receives from the Salobo mine. The company estimates the mine to have a 50-year life and says the deal will immediately increase its consolidated production and cash flow." More
- 08/02/16 | Item