EURO Ressources Reports Earnings for the Second Quarter and Six Months Ended June 30, 2011 - More
- August 15, 2011 | Item | ShareThis
MAG Silver Reports Second Quarter Financial Results - "For the three months ended June 30, 2011, the Company reported a net income of $39,615 compared to a loss of $1,393,973 in the comparable quarter of 2010. Year to date, the Company's net loss for the six months ended June 30, 2011 amounted to $1,387,846 (2010: $3,554,861). The change over prior periods is due to the receipt of a $1,799,775 (US $1.86 million) arbitration award from Fresnillo plc ("Fresnillo") recognized as income in the current quarter, and to decreased share based payment expense in the current period. During the six months ended June 30, 2011, the Company granted nil stock options, (June 30, 2010: 390,000), but still recorded $782,696 (June 30, 2010: $1,159,401) of share based payment expense relating to previously granted stock options that vested to employees and consultants in the period ended June 30, 2011." More
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North American Nickel Acquires Large Mineral Exploration Licence in Greenland - More
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Blackstone Files Amended Financials for First Quarter 2011 - More
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Imperial Reports 2011 Second Quarter Financial Results - More
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Mundoro Announces Second Quarter Financials and Management Update - More
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Banro Corp's Twangiza Phase I Gold Mine Plant Entering Cold Commissioning - Focused on Q4 Production - "Banro Corporation ("Banro" or the "Company") (NYSE AMEX - "BAA") (TSX - "BAA") is pleased to report that construction of its wholly-owned Twangiza Phase 1 gold project in South Kivu Province, DRC, is proceeding on schedule with gold production expected to begin in Q4 2011. 'Cold commissioning' - a test run of fluids through the ore processing plant - has now commenced with mechanical commissioning that will proceed to 'hot commissioning' - a test run of low grade ore material through the plant - by mid-September." More
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Eco Ventures Group Signs Joint Venture to Commercialize Mineral Recovery Technology - More
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Zone Resources Inc. Has Commenced Work on the Labrador Trough Iron Properties - More
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Excellon Announces New Directors - "The Board of Directors of Excellon Resources Inc. (TSX: EXN.TO - News) is pleased to announce the appointment of two new directors, Mr. Ned Goodman and Mr. Thor Eaton. Mr. Ned Goodman is President and Chief Executive Officer of Dundee Corporation. Mr. Thor Eaton is a highly regarded, well known businessman and philanthropist." More
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Redhawk Resources Announces Significant Increase in Copper Creek Exploration Lands - More
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Callinan Receives Quarterly Royalty Payments - More
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Indicator Minerals Identifies New Moly Zone at Mohave - More
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Northaven Closes First Tranche of Financing - More
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George Paspalas Joins Aurizon as Chief Executive Officer; David Hall Continues as Chairman of the Board - More
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Green Swan Signs Option Agreement With Melkior - More
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Excalibur Completes First Tranche of Financing - More
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TerraX commences drilling at Stewart Gold-Copper Property; program to test high chargeability anomalies within large (6 km x 1.4 km) epithermal/porphyry style - More
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Erdene Provides Project Updates and Second Quarter Financial Results - More
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IronOne Inc. Announces the Appointment of Senior Officers - More
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Golden Phoenix Hires Mining-Geology Expert John Bolanos as V.P. Exploration to Coordinate Mining Activities Throughout North, South and Central America - More
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St. Augustine Gold and Copper Limited Announces 21.6% Increase in King-king Project Total Resource Containing 5.4 Billion Lbs Copper and 10.3 Million Oz Gold - More
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Castle Peak's Akorade Host to Significant VTEM Signatures Coincident With AA Geochemical Anomaly; Returns 16.5m of 1.1 g/t Au Including 7.0m of 2.2 g/t Au - More
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American Consolidated Closes Sierra Rosario Acquisition - More
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Gryphon Gold Announces Financial Results for 1st Quarter Ended June 30, 2011 - More
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Solomon Stakes Seamus, Jenn and Tyke Claims in Southwest Yukon; Acquires Orogenic Gold Targets in Ruby Range Orthogneiss Belt - More
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La Quinta Resources Completes a Positive Due Diligence on Carruthers Pass Massive Sulfide, B.C. - More
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Inspiration Advances Langmuir Project and Engages NordPro to Provide Engineering and Geological Services - More
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Selwyn Resources Ltd.: Deep Drilling at Don Deposit Defines New Mineral Potential in Don Valley - More
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Frontier Quarterly Results - More
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Siga Resources Inc Updates Lucky Thirteen Project Progress - More
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FINANCIALS FOR QUARTER AND HALF YEAR ENDED 30 JUNE - More
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MD&A FOR QUARTER AND HALF YEAR ENDED 30 JUNE 2011 - More
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ICN Resources Reports 14.9 m at 164.5 g/t Au from Goldfield Bonanza Project - More
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Wealth Completes First Phase of Diamond Drilling at Rodeo de los Molles Rare Earth Element Project, Argentina - More
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Hana Mining Ltd. Announces the Appointment of a Highly Experienced Project Director to Lead Development of the Ghanzi Project - More
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Goldeye Announces New CEO and Changes to the Board of Directors - More
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Amseco Ltd: Signature of a Letter of Agreement for the Acquisition of a 50% Interest in 28 Claims in the Monster Lake Region - More
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Stronghold Metals Reports Drilling Program Update and Positive Analytical Results at Eagle Mountain Gold Project in Guyana - More
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Resinco(R) Capital Partners Inc. Acquires Securities of Terreno Resources Corp. - More
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Stakeholder Acquires Marion Property in White Gold Area of Yukon - More
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China Shen Zhou Reports 318% Increase in Revenue for Second Quarter 2011 - More
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Sonora Resources Acquires Historically Productive Silver/Gold Mine and Property in Mexico - More
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Argonaut Gold Reports Q2 2011 Revenue of $21.6 Million Net Income of $5.2 Million - More
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Augyva Provides an Update on its Upcoming Annual and Special Meeting of Shareholders - More
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East Asia Minerals Provides Corporate Update to Shareholders - More
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Sparton Closes Sale Agreement With American Consolidated Minerals Corp. for Interest in Sierra Rosario Project, Mexico - More
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TVI Pacific Provides Second Quarter 2011 Financial And Operational Results - More
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Sandstorm Gold Announces the Appointment of Erfan Kazemi as Chief Financial Officer - More
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Sandstorm Metals & Energy Announces the Appointment of Erfan Kazemi as Chief Financial Officer - More
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Rare Earth Metals Reports 1.50% TREO Over 94.2 Meters From Lavergne-Springer Project, Near Sudbury, ON - More
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Avion to Release 2011 Second Quarter Financial Results and MD&A on August 15, 2011 - More
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Manicouagan Provides an Exploration Update on Its Pickle Lake Gold Properties - More
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Uranium Resources, Inc. Provides Second Quarter 2011 Update - More
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Atna Resources Reports Second Quarter Earnings of $1.1 Million - More
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Avanti Intersects 294.3 Meters Averaging 0.074% Molybdenum at Kitsault - More
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Eastern Platinum Reports Results For the Three Months Ended June 30, 2011 - More
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Nautilus Reports Solid First Half Results - More
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Douglas Lake Minerals Defines Several Potential Gold Targets to the East of Magambazi Hill - More
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Anooraq announces results for the periods ended June 30, 2011 - More
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Mariana Resources Ltd. Releases Its Half-Yearly Report and the Management Discussion & Analysis for the Period Ended 30 June 2011 - More
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Integra Gold Provides Corporate Update - More
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Mercator Minerals Commissions New Turbine Generator at Mineral Park Mine - More
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Drilling Underway at Miranda%u2019s Red Canyon Project - More
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U.S. Antimony Reports Record Quarterly Revenues - More
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Astur Gold Expands Salave Concessions by Over 600% - More
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Malaga Reports Financial Results for Second Quarter 2011: Generates Net Income of $1.6 Million USD and EBITDA of $1.6 Million USD - More
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Forsys Announces Second Quarter 2011 Financial and Operational Results - More
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Eloro Resources Announces Completion of Consolidation of Shares - More
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Crocodile Gold Reports Revenue of $30 Million on the Sale of 20,200 Ounces Gold in the Second Quarter of 2011 - More
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Castillian Intersects 3.02 g au/t and 0.85% Cu Over 7.30 Metres in Mine Zone Extension at Hope Brook, Newfoundland - More
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Dynacor Gold Mines Reports an Adjusted EBITDA of $2.1M in Q2-2011 - More
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Lydian Drills 119 Meters at 1.3 g/t, 69 Meters at 3.8 g/t and 110 Meters at 1.0 g/t Gold at Amulsar Project Armenia - More
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LIM Signs Iron Ore Sale Agreement With IOC - More
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Yukon-Nevada Gold Corp. Closes $120 Million Agreement with Deutsche Bank - More
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San Gold Reports Record-Low Total Cash Costs on Record Gold Production, Revenue, and Cash Flow from Operations - More
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Canaco Announces 200,000 Metre Exploration Drill Program at Handeni - More
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ECR MINERALS PLC PROVIDES UPDATE ON ACTIVITIES - More
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GGG Resources plc: JORC Resource Update - More
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Minera IRL Announces Second Quarter 2011 Financial Results - More
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SERABI MINING plc ("Serabi" or "the Company") Interim Results for the 6 Month to 30 June 2011 - More
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Greenland Minerals Gains Full Control of World's Largest Rare Earth Project - More
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Seabridge Gold Files Second Quarter 2011 Financial Statements and MD&A - "For the three month period ended June 30, 2011, the Company reported a net loss of $8.1 million or $0.20 per share compared to a net loss of $1.6 million or $0.04 per share in the comparable quarter of 2010. The $8.1 million loss in the second quarter of 2011 included a $7.1 million charge relating to stock based compensation and included the fair value expense on options that were granted in 2008 but did not vest until June 2011.The Company's working capital position, at June 30, 2011, was $58.1 million up from $32.0 million at the end of 2010. Cash and short-term deposits at June 30, 2011 totaled $60.7 million." More
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Paramount Gold Announces Positive Results from Sleeper Waste Dump Drilling - "Paramount Gold and Silver Corp. (AMEX: PZG - News)(TSX: PZG - News)(Frankfurt: P6G.F - News)(WKN: A0HGKQ) ("Paramount") announced today better-than-expected assay results from a drilling program on three separate waste dumps at its 100% owned Sleeper Gold Project. Preliminary results indicate that the waste dumps could make a meaningful contribution to the Sleeper Project's total mineral inventory." More
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Mineralization Intersection on First Drill Hole Supports Contiguous Ore Zone. Silver Bear Provides Operational Update and Announces 2011 Second Quarter Results - "Silver Bear Resources Inc. ("Silver Bear" or the "Company") (TSX:SBR - News) today announces good progress on its 2011 exploration program. A total of four drills are now operating at site. The early part of the drilling program is focused on proving up extensions of the Vertikalny deposit along its strike length. To date, only 2.5 kilometers of a potential 5 kilometers strike has been explored by drilling." More
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South American Silver Files Second Quarter 2011 Financial Statements and MD&A and Project Update - "The Company is also pleased to provide an update on the Malku Khota silver-indium project in Bolivia and the Escalones copper-gold project in Chile. As at June 30, 2011, the Company had working capital of U.S.$32.6 million, including cash and cash equivalents of U.S.$32.9 million. With these funds in place, the Company is in a very strong financial position to accelerate the advancement of its Malku Khota project toward feasibility, and its Escalones project to the resource definition stage." More
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Almaden Expands Width of Ixtaca Zone, Cuts 25.3 m of 2.26 g/t Au - "Almaden Minerals Ltd. (TSX: AMM.TO - News)(AMEX: AAU - News) ("Almaden" or "the Company") is pleased to announce results from drilling within the currently defined Ixtaca Zone with holes TU-11-37 through TU-11-40 and CA-11-02 from the Caleva Zone to the north. Holes TU-11-39 and TU-11-40 extend the width of the known Ixtaca Zone to the northwest. Hole TU-11-38 shows the Ixtaca zone extending towards surface from where it was previously tested on this section in hole TU-10-3. At the Caleva zone, hole CA-11-02 intersected mineralisation at the top of the hole and further drilling is planned to follow this up." More
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Record Results for Aurcana Q2, 2011 - "The Company had earnings from mining operations of $5.3 million for the quarter ended June 30, 2011 (2010: $0.6 million); income before taxes of $1.7 million (2010: a loss of $1.4 million); a net income of $1.6 million (2010: a loss of $ 1.4 million). For the six months ended June 30, 2011 the Company had earnings from mining operations to $ 10.7 million (2010: $ 1.3 million); income before taxes to $ 3.3 million (2010: a loss $ 1.9 million); a net income of $ 2.3 million (2010: a loss of $ 1.9 million)." More
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U.S. Silver Reports Record Second Quarter 2011 Results - “We are extremely pleased with the improved operating performance and record financial results for the second quarter.” stated Tom Parker, President and CEO. “The combination of solid production, record sales volumes and continued high silver prices has provided the Company with record revenues and cash flows and an increasingly strengthened balance sheet. Our cost of mining increased this quarter as a result of significantly higher sales volumes and increased profit sharing payments but we also undertook higher than normal infrastructure repairs that had been deferred in a cash conservation environment in previous periods. Recent operating and financial results have continued to strengthen the Company to fund capital projects that expand our operations and advance exploration programs on our dominant land package in the prolific Silver Valley”. More
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Brigus Gold Releases Q2 Financial Results - "Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE Amex: BRD); (TSX:BRD.to - News) produced 15,688 ounces of gold from its Black Fox Mine in the Timmins Mining district during the second quarter of 2011, an 80% increase over first quarter production of 8,772 ounces. Net income for the six months ended June 30, 2011 was $0.9 million compared to a net loss of $20.9 million for the six months ended June 30, 2010. The Company incurred a net loss of $3.8 million for the quarter ended June 30, 2011 compared to a net loss of $19.1 million for the same period in 2010." More
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