Oroco Builds Santo Tomas Holdings to Near 9,000 Hectares

The state of Sinaloa in northwest Mexico is a prime mining target known for copper, gold, iron and lead that includes many mines, prospects and occurrences.  The region has become the focus of Oroco Resource Corp. (TSX-V: OCO), which has steadily amassed a large land position in the state. Friday morning, the Vancouver-based company said […]

Pershimex Hauls in Second Cash-and-Stock Payment from Dundee for Gold Project

As it progresses towards acquiring a maximum undivided 71% interest in the Malartic gold property in the Archean Abitibi greenstone belt in Quebec, Dundee Precious Metals has made a second payment to Pershimex Resources (TSX-V: PRO).  In the latest payment, Dundee paid Pershimex C$80,000 in cash and 20,000 common shares of its stock. The Deal […]

Newmont Mining Corp (NYSE:NEM) And Barrick Gold (NYSE:ABX) Fail To Agree On Merger

Boston, MA 04/21/2014 (wallstreetpr) – Newmont Mining Corp (NYSE:NEM) is a $12 billion gold mining company. The company entered into merger talks with Barrick Gold Corporation (USA) (NYSE:ABX). The central idea in the merger talks between the companies was about financial savings in the face of soft demand for gold, oversupply of the commodity and weak […]

In Spotlight: Coeur Mining Inc (NYSE:CDE), MBIA Inc. (NYSE:MBI), AuRico Gold Inc (NYSE:AUQ)

Boston, MA 03/04/2014 (wallstreetpr) – Coeur Mining Inc (NYSE:CDE) had its stock rating upgraded by analysts at Thomson Reuters/Verus. The analysts now have the stock of CDE at a “hold” position, up from the “sell” position that they had viewed the stock in the previous coverage. On average, analysts have a price target of $11.83 […]

Exciting Monday Stocks: Central European Media Enterprises Ltd. (NASDAQ:CETV), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), General Motors Company (NYSE:GM)

Boston, MA 03/03/2014 (wallstreetpr) – Central European Media Enterprises Ltd. (NASDAQ:CETV) shares jumped more than 92 percent in the last trading session before settling up almost 75 percent to $4.74. There were two reasons to explain the surge of the stock. First was that the company reported financial results which showed narrow loss compared to the […]

It’s Simple, Be Careful Trading Well Power Inc (OTCBB:WPWR)

Boston, MA 03/03/2014 (wallstreetpr) – Well Power Inc (OTCBB:WPWR) is a well-known penny-stock with a share trading at less than $1. The stock was last seen losing more than 1 percent of its market value to trade at $0.82 per share. While the stock has managed to rise from near bottom levels, there may be […]

Avino Silver & Gold Mines Ltd (USA) (NYSEMKT:ASM) Declares Public Offering Complete – Successfully

Boston, MA 02/20/2014 (wallstreetpr) – Avino Silver & Gold Mines Ltd (USA) (NYSEMKT:ASM) has announced completion and closure of the previously announced ATM brokered public offering in the U.S. Note ATM in this case stands for At-The-Market. The company announced that roughly 2.5 million common shares were on offer, resulting into gross proceeds of roughly $5.7 […]

Arch Coal Inc. (NYSE:ACI) Q4 F2013 Results

Boston, MA 02/04/2014 (wallstreetpr) – Arch Coal Inc. (NYSE:ACI) has posted its fourth quarter for the financial year ending 2013 results that reflect the softer pricing environment that has eclipsed the metallurgical and thermal coals. The company recorded total revenue of $719.4 million with adjusted earnings before interest, taxes, depreciation, depletion and amortization of $38.4 […]

Peabody Energy Corporation (NYSE:BTU) To Have Advantage Of Australian Assets

Boston, MA 11/05/2013 (wallstreetpr) – Peabody Energy Corporation’s (NYSE:BTU) quarterly results, declared some time back shows what is ailing American coal companies. The industry has been facing reduced demand in both metallurgical as well as thermal coal segments. Natural gas prices have been at a global low and weak demand from China for metallurgical coal is […]

Newmont Mining Corp (NYSE:NEM) digs up profits by cost cutting

Boston, MA 11/04/2013 (wallstreetpr) – Recently, the management of Newmont Mining Corp (NYSE:NEM) announced their third quarter report in which it was mentioned that the company has managed to experience a 11 percent rise in profits. In the third quarter report, the company managed to get a profit rise of 11 percent despite a percent […]

Barrick Gold Corporation (USA) (NYSE:ABX) plans to sell its unprofitable Australian Mines

Barrick Gold Corporation (USA) (NYSE:ABX) is considered to be one of the largest gold mining companies in the world which is having a lot of issues coming in its way. Some of the issues include that there are some of the unprofitable gold mines which are belonging to the company. In order to save on […]

Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) – Profitability To Improve, But Cash Distribution Lowered

Boston, MA 10/30/2013 (wallstreetpr) – Eagle Rock Energy Partners, L.P. (NASDAQ:EROC), announced a distribution of cash of 0.15 per common unit for the quarter ended September 30, 2013. The distribution of cash would also include eligible restricted common units, equivalent to 0.60 per unit. The distribution would happen on November 7, 2013. The said distribution is down […]

Kinross Gold Corporation’s (USA)(NYSE:KGC) Fourth Mine in Russia, A Low Cost Project

Boston, MA 10/30/2013 (wallstreetpr) – Kinross Gold Corporation (USA)(NYSE:KGC) engages in gold exploration, extraction and processing. It also has interest in silver. The company announced the commencement of commercial production of gold at its Dvoinoye gold mine in Russia early October.  The project which was completed on time and within budget is the fourth mining project […]