Silver Stocks Charts, News, Reports and Quotes
VANCOUVER , March 20, 2013 /CNW/ - Fortuna Silver Mines Inc. (FSM) (FVI.TO) (FVI.TO) (F4S.F) today announces 2012 revenue of $161 million and net income of $31.5 million for the year. For the fourth quarter revenue totaled $37.9 million with net income of $8.5 million . Record silver and gold production for the year increased to a record 3,987,757 ounces and 20,699 ounces, respectively, at a consolidated cash cost per ounce, net of by-product credits, of $5.96.
A conference call to discuss the year-end financial and operational results will be held on Thursday, March 21 st, 2013 at 9:00 a.m. Pacific | 12:00 p.m. Eastern | 11:00 a.m. Lima. Hosting the call will be Jorge A. Ganoza, President and CEO, and Luis D. Ganoza, Chief Financial Officer.
Golden Arrow Resources Corporation (TSX-V: GRG, FRA: GAC (WKN: A0B6XQ), "Golden Arrow" or the "Company) is pleased to announce the results of 14 additional drill holes from the Phase II program at the Chinchillas silver project in Jujuy, Argentina, thirty kilometres northeast of Silver Standard's Pirquitas silver mine and eighty-five kilometres north of Glencore's Aguilar silver-lead-zinc mine.
"We are extremely pleased with the financial performance achieved in 2012. It is rewarding to deliver strong financial results that mirror Santa Elena''s production performance. Our management group in Vancouver and operating team in Mexico continue to do an excellent job and should be congratulated for achieving cash flow of $0.44 per share and earnings of $0.33 per share. We look forward to another strong financial year in 2013, with an expected increase in silver production to 625,000 ounces…
Endeavour Silver Corp. (EDR.TO)(EXK)(EJD.F) announces it has signed two contracts to sell its silver-gold concentrates and facilitate higher production in 2013 from its Bolanitos mine in Guanajuato State, Mexico. The two contracts are commercially competitive with Endeavour's own costs to process these concentrates into saleable metals.
Endeavour Silver Corp. (EDR.TO)(EXK)(EJD.F) announced today record earnings, cash flow and revenue for the year ended December 31, 2012, thanks to the Company''s eighth consecutive year of growing silver and gold production. Endeavour owns and operates three underground silver-gold mines in Mexico: the Guanacevi mine in Durango state, and the Bolanitos and El Cubo mines in Guanajuato state.
Santacruz Silver Mining Ltd. (TSX VENTURE:SCZ) ("Santacruz Silver" or the "Company") is pleased to announce that pursuant to the San Felipe Agreement with Hochschild Mining, dated August 18, 2011, it has exercised its option to acquire the 48,057.33 hectare El Gachi project located 30 kilometers from the San Felipe project in Sonora state.
Endeavour Silver Corp. (EDR.TO)(EXK)(EJD.F) is pleased to announce the appointment of Meghan Brown as Director of Investor Relations, effective immediately.
Fortuna Silver Mines Inc. (FSM) (FVI.TO) (BVL: FVI (F4S.F) is pleased to announce updated Mineral Reserve and Mineral Resource estimates as of December 2012 for the Caylloma Mine located in Arequipa, Peru and for the San Jose Mine located in Oaxaca, Mexico.
Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE:HDA) is pleased to announce it has received US$2,228,043 in smelter payments since it began shipping concentrates in November 2012. The Company is also pleased to provide an update on the Merritt Mill and the Treasure Mountain Mine, British Columbia, Canada.
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