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May 21, 2013 7:29:47 PM EST
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  • PG Premier Gold Mines (PG) expands management team
  • FVInew_290 Fortuna Silver Mines (FVI) expands presence in Mexico
  • AZK Aurizon Mines’ (AZK) Board unanimously recommends rejecting Alamos offer
  • CGR Claude Resources (CGR) expands gold resources and grade at Santoy Gap
  • MGN Mines Management (MGN) reports “significant progress” in third quarter
  • crocodile_290x250 Crocodile Gold (CRK) reports 35% production growth
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Premier Gold Mines Expands Management Team

Expands Management Team

Premier Gold Mines announced that it has retained Eric Lamontagne as Manager, Development Projects and will lead the advancement of the Company’s portfolio of projects. Mr. Lamontagne brings to Premier more than 14 years of experience in mine development and production. Highlights: * Mr. Lamontagne was most recently Project Manager for Agnico Eagle Mines Limited [...]

Jan 30 2013 | Read More »

Premier Gold Mines’ Royalty Deal Leads to $35M Gain

Leads to $35M Gain

Premier Gold Mines (PG.TSX) announced that it has entered into a share purchase agreement with Sandstorm Gold Ltd. whereby Sandstorm will acquire 33.66 million common shares and 6.97 million warrants of Premier Royalty Inc. – which represents Premier Gold Mines‘ entire position in Premier Royalty. The Warrants are exercisable to acquire one common share of [...]

Jan 29 2013 | Read More »

Fortuna Silver Mines Expands Presence in Mexico

Precious Metals Producer

Fortuna Silver Mines (FVI.TSX, NYSE: FSM) announced that its wholly owned subsidiary, Compania Minera Cuzcatlan S.A. de C.V., and Plata Pan American S.A. de C.V. – a wholly owned subsidiary of Pan American Silver Corp. – have entered into an acquisition and option agreement for the 6,254 hectare Taviche Oeste Concessions immediately surrounding the San [...]

Jan 24 2013 | Read More »

Aurizon’s Board Unanimously Recommends Rejecting Alamos Offer

Unanimously Recommends Rejecting Alamos Offer

Aurizon Mines (ARZ.TSX, AMEX: AZK) reported that its Board of Directors has unanimously recommended that shareholders reject the hostile take-over bid received from Alamos Gold.  On January 14, 2013, Alamos announced an unsolicited offer to acquire all of the outstanding common shares of Aurizon Mines for approximately C$780 million. Aurizon noted that the Alamos offer, [...]

Jan 23 2013 | Read More »

Aurizon Mines Arranges Special Committee to Assess Alamos Offer

to Assess Alamos Offer

Aurizon Mines (ARZ.TSX, AMEX: AZK) announced that it has appointed Scotia Capital Inc. as financial advisor and DuMoulin Black LLP and Blake, Cassels & Graydon LLP as legal counsel to assist in responding to the unsolicited bid from Alamos Gold that was made on January 14, 2013. Highlights: * The Board of Directors of Aurizon [...]

Jan 18 2013 | Read More »

Crocodile Gold Reports 35% Production Growth

Precious Metals Producer

Crocodile Gold (CRK.TSX) announced fourth quarter 2012 production results, which included 62,147 ounces.  This level represented a 35% increase over the third quarter of 2012.  For the full 2012 year, the gold mining company produced 155,523 ounces. Highlights: * Crocodile Gold attributed the significant increase in gold production to 28% more throughput and a 2% [...]

Jan 18 2013 | Read More »

Aurizon Mines Responds to Alamos Gold’s Offer

Gold Sector Acquisition

Aurizon Mines (ARZ.TSX, AMEX: AZK) responded to Alamos Gold’s unsolicited bid, announced yesterday, to acquire the Canadian-based gold producer for C$780 million in cash and stock.  Alamos noted that the offer will remain open until February 19, 2013 unless withdrawn or extended. Under the terms of the offer, Alamos Gold proposed to acquire all of [...]

Jan 15 2013 | Read More »

Aurizon Mines Receives C$780M Takeover Bid from Alamos Gold

Canadian Gold Producer

Aurizon Mines (ARZ.TSX, AMEX:AZK) was the recipient on Monday of an unsolicited takeover bid from Alamos Gold (AGI.TSX) for approximately C$780 million in cash and stock.  Alamos noted that the offer will remain open until February 19, 2013 unless withdrawn or extended. Under the terms of offer, Alamos proposes to acquire all of the outstanding common [...]

Jan 14 2013 | Read More »

Fortuna Silver Delivers 6th Straight Year of Production Growth

Precious Metals Mining Company

Fortuna Silver Mines (FVI.TSX, NYSE: FSM) announced record silver and gold production for 2012 from its San Jose mine in Mexico and its Caylloma mine in Peru.  The Company reported its sixth consecutive year of silver and gold production growth and sustained low cash costs.  Fortuna Silver Mines also forecasted 2013 production of 4.4 million [...]

Jan 14 2013 | Read More »

Premier Gold Mines Expands Mineralization in Nevada

North American Precious Metals Company

Premier Gold Mines (PG.TSX) announced additional assay results from the Helen Zone on the Company’s Cove Gold Project, located in the Eureka-Battle Mountain Trend in Nevada. These results continue to expand mineralization, with strong grades and widths, along the Cove anticline to the southeast towards and below the historic mining operations. Premier Gold Mines noted [...]

Jan 9 2013 | Read More »
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