back to homepage

Tag "starcore-international-mines-ltd"

Starcore Reports Annual Earnings of $14.34 Million 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/26/12 — Starcore International Mines Ltd. (TSX: SAM) (the "Company") has filed the results for the year ended July 31, 2012, for the Company and its mining operations. The Company reports revenues of $57 million, earnings from mining operations of $21.7 million and earnings for the year of $14.34 million, which includes a net $1.33 million loss in financing costs due to net losses in gold forward sales contracts up to May 15th, 2012,

Read More

Starcore Appoints New Director 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/25/12 — Starcore International Mines Ltd. (TSX: SAM) (the "Company") is pleased to announce that Dr. Michael Gunning has been appointed a director of the Company. Already serving as a member of Starcore-s Technical Advisory Board since April, 2012 (see press release of April 18, 2012), Dr. Gunning has been working with the Company and the other members of the technical team in reviewing and evaluating the exploration and development

Read More

Starcore Reports Third Quarter Earnings of $4.2 Million and $10.8 Million for the Nine Months Ended April 30, 2012 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/15/12 — Starcore International Mines Ltd. (the "Company") (TSX: SAM) has filed the results for the quarter and nine months ended April 30, 2012, for the Company and its mining operations. Over the third quarter ended April 30, 2012, the Company is pleased to report revenues of $14.0 million, earnings from mining operations of $5.0 million and earnings for the period of $4.17 million, which includes a net $1.93 million gain in financi

Read More

Starcore Announces: Hedge is Gone! 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") announces that it has closed out the hedge contracts between its wholly-owned Mexican subsidiary, Compania Minera Pena de Bernal, S.A. de C.V. ("Bernal"), and Investec Bank plc ("Investec"). Funds advanced to Starcore through the $11 million credit facility arranged with Sprott Resource Lending Corp. were used to settle St

Read More

Starcore Secures $11 Million Loan to Buy Out the Hedge 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") is pleased to announce that it has entered into an agreement dated May 10, 2012 with Sprott Resource Lending Corp. ("Sprott Lending") pursuant to which Sprott Lending will provide the Company with an $11 million credit facility (the "Facility"), to be applied to settle Starcore-s forward sales contracts with Investec Bank

Read More

Dr. Peter Megaw to Head Starcore-s Technical Advisory Board 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/30/12 — Starcore International Mines Ltd. (the "Company") (TSX: SAM) is pleased to announce that Dr. Peter Megaw, Consulting Geologist has accepted the lead position in Starcore-s Technical Advisory Board.Dr. Megaw, C.P.G. is President of INDEX/Cascabel and co-founder of Cascabel and MAG Silver Corporation, a company focused on projects located within the Mexican Silver Belt. He has a Ph.D. n geology from the University of Arizona an

Read More

Starcore Bolsters its Technical Advisory Board 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/18/12 — Starcore International Mines Ltd. (TSX: SAM) (the "Company") is pleased to welcome Dr. Michael Gunning as a member of its Technical Advisory Board.Dr. Gunning has more than 25 years of diverse and valuable experience in mineral exploration and geological research, and is widely recognized for his expertise in the uranium sector. Most recently, as CEO of Hathor Exploration, a Vancouver-based junior uranium explorer, he execute

Read More

Starcore International Mines Ltd.: San Martin Mine & Personnel Unharmed 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/20/12 — Starcore International Mines Ltd. (TSX: SAM) (the "Company") reports that the major earthquake which hit Mexico earlier today did not affect the operations at San Martin Mine in Queretaro, Mexico. Mine personnel are safe and unharmed and there are no damages or interruptions to mine and mill operations."We are extremely grateful that our people at the mine and our operations are safe," said Robert Eadie, Interim Pre

Read More

Starcore Reports Second Quarter Earnings of $3.5 Million and $6.7 Million for the Six Months Ended January 31, 2012 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Starcore International Mines Ltd. (TSX: SAM) (the "Company") has filed the results for the quarter and six months ended January 31, 2012, for the Company and its mining operations. Over the second quarter ended January 31, 2012, the Company is pleased to report record quarterly results, including revenues of $15.0 million, earnings from mining operations of $5.5 million and earnings for the period of $3.5 million, which inclu

Read More

Starcore International Mines Ltd.: Second Quarter Production for San Martin Mine Results in 6,068 Equivalent Gold Ounces 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/12 — Starcore International Mines Ltd. (the "Company") (TSX: SAM) is pleased to announce production results for the second quarter of the fiscal year at its San Martin Mine in Queretaro, Mexico.The 3 months production, from November, 2011 through January, 2 012 saw 78,824 tonnes milled at an average head grade of 2.14 g/t gold and 35 g/t silver resulting in the production of 6,068 gold equivalent ounces. This production level meet

Read More