Latest Elgin Mng Inc (ELGMF) Headlines
Elgin Mining Provides Strong Fourth Quarter Cash Costs and Positive 2014 Outlook
Marketwire - Mon Mar 03, 9:15PM CST
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) released today its gold production and operating outlook for 2014. The Company expects to see a significant year-over-year improvement in the operating and cost performance of its Bjorkdal mine with gold production consistent with the previous year. At current gold prices above US$1,300 per ounce, the Company expects AISC(i) to be below $1100/oz boosting its cash and working capital, and reducing its current modest long-term debt, in 2014.
Elgin Mining Releases Further Drill Results at the Bjorkdal Gold Mine
Marketwire - Tue Jan 14, 4:01PM CST
Elgin Mining Inc. (TSX: ELG)(TSX: ELG.WT) ("Elgin Mining" or the "Company") is pleased to announce further drill results from its exploration program at its wholly-owned Bjorkdal Gold Mine ("Bjorkdal Mine") in Sweden. This underground drilling is part of an ongoing program to expand the underground resource and to define areas of higher-grade mineralization. The current drilling is a follow-up to the exploration work reported during 2012 and 2013, which identified a new gold vein system ("Lake Zone") located adjacent to active mining areas that are only 200 to 400 metres below surface.
Elgin Mining Reports Record Fourth Quarter and Full Year 2013 Production
Marketwire - Wed Jan 08, 4:33PM CST
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) announces record production results for the fourth quarter and year ended December 31, 2013. Gold production was 13,817 ounces for the fourth quarter and 46,945 ounces for the 2013 year, both records since the commencement of underground production in 2007. The Company's 2013 gold production was at the top end of the Company's revised production guidance of between 45,000 to 47,000 ounces. The strong fourth quarter production was the result of higher realized head grades from the processing of an approximately equal mix of underground and open pit ore, despite four lost production days related to annual maintenance of the plant in October. With this strong production finish to the year combined with reduced capital expenditures at the mine, the Company will report strong operating cash flows for the final quarter of 2013 despite the lower gold price environment.
Elgin Mining Reports Third Quarter 2013 Results
Marketwire - Tue Nov 12, 4:34PM CST
Elgin Mining Inc. (TSX: ELG)(TSX: ELG.WT) ("Elgin Mining" or the "Company") reports its financial and operational results for the three and nine months ended September 30, 2013. Elgin Mining owns and operates the Bjorkdal gold mine ("Bjorkdal") in Sweden, and holds the past-producing Lupin gold mine ("Lupin") and the Ulu gold property in Nunavut, Canada. All figures are in Canadian dollars ($ or CAD) unless otherwise indicated.
Elgin Mining Announces Third Quarter 2013 Conference Call Details
Marketwire - Thu Nov 07, 5:10PM CST
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) announces that the Company will release its third quarter 2013 financial and operational results after the close of business on Tuesday, November 12, 2013. A conference call will follow on Wednesday, November 13, 2013 at 9:00 am (Eastern Time) for management to discuss the results. This discussion will be followed by a question and answer period.
Elgin Mining Reports Third Quarter 2013 Production and Provides Operational and Corporate Update
Marketwire - Mon Oct 21, 7:42PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) is pleased to announce production results for the third quarter of 2013 at its Bjorkdal gold mine in Sweden. The Company also provides preliminary operating and cost details for 2014 based on a recently completed revised mine plan. The plan is based upon achieving all-in-cash costs, including capex and corporate general and administration, of below US$1,200/ounce.
Elgin Mining Files Technical Report for Bjorkdal Gold Mine
Marketwire - Wed Aug 28, 7:38PM CDT
Elgin Mining Inc. (TSX: ELG)(TSX: ELG.WT) ("Elgin Mining" or the "Company") has filed of a technical report dated August 28, 2013 and entitled "NI 43-101 Technical Report on the Mineral Resource and Mineral Reserve Estimation for the Bjorkdal Gold Mine, Sweden" prepared for the Company in accordance with National Instrument 43-101 (the "Technical Report") and in support of the Company's news release dated July 15, 2013. The Technical Report was prepared by James A. Currie, P.Eng., George Friesen, P.Eng., and Gordon Clarke, P.Geol. A copy of the Technical Report can be found on SEDAR at www.sedar.com.
IIROC Trade Resumption - Elgin Mining Inc.
Newsfile Corp - Tue Aug 27, 7:30AM CDT
Trading resumes in:
IIROC Trade Halt - Elgin Mining Inc.
Newsfile Corp - Tue Aug 27, 7:26AM CDT
The following issues have been halted by IIROC:
Elgin Mining Announces Private Placement Offering and Bridge Loan Facility
Marketwire - Tue Aug 27, 7:13AM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) today announced an offering of up to 24,600,000 units of Elgin Mining ("Units") at a price of $0.12 per Unit for aggregate gross proceeds of up to $2,952,000 (the "Offering"). Each Unit consists of one common share of Elgin Mining (a "Common Share") and one-half of one warrant (a "Warrant"). Each whole warrant is exercisable into one Common Share at a price of $0.20 for a period of two years from the date of issuance. Of the Offering, $2.0 million will be purchased by a single strategic investor and a further $590,000 by Resolute Funds Limited, the Company's largest shareholder. All securities issued will be subject to a four month hold period. The expiry date of the warrants may be accelerated by the Company if the shares of the Company trade at $0.30 or greater for 20 consecutive trading days. The proceeds will be used for working capital and general and administrative purposes.
Elgin Mining Reports Second Quarter 2013 Results
Marketwire - Mon Aug 12, 4:31PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) reports its financial and operational results for the three months ended June 30, 2013. Elgin Mining owns and operates the Bjorkdal gold mine ("Bjorkdal") in Sweden, and holds the past-producing Lupin gold mine ("Lupin") and the Ulu gold property in Nunavut, Canada. All figures are in Canadian dollars ($ or CAD) unless otherwise indicated.
Elgin Mining Provides Strong Fourth Quarter Cash Costs and Positive 2014 Outlook
Marketwire - Mon Mar 03, 9:15PM CST
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) released today its gold production and operating outlook for 2014. The Company expects to see a significant year-over-year improvement in the operating and cost performance of its Bjorkdal mine with gold production consistent with the previous year. At current gold prices above US$1,300 per ounce, the Company expects AISC(i) to be below $1100/oz boosting its cash and working capital, and reducing its current modest long-term debt, in 2014.
Elgin Mining Releases Further Drill Results at the Bjorkdal Gold Mine
Marketwire - Tue Jan 14, 4:01PM CST
Elgin Mining Inc. (TSX: ELG)(TSX: ELG.WT) ("Elgin Mining" or the "Company") is pleased to announce further drill results from its exploration program at its wholly-owned Bjorkdal Gold Mine ("Bjorkdal Mine") in Sweden. This underground drilling is part of an ongoing program to expand the underground resource and to define areas of higher-grade mineralization. The current drilling is a follow-up to the exploration work reported during 2012 and 2013, which identified a new gold vein system ("Lake Zone") located adjacent to active mining areas that are only 200 to 400 metres below surface.
Elgin Mining Reports Record Fourth Quarter and Full Year 2013 Production
Marketwire - Wed Jan 08, 4:33PM CST
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) announces record production results for the fourth quarter and year ended December 31, 2013. Gold production was 13,817 ounces for the fourth quarter and 46,945 ounces for the 2013 year, both records since the commencement of underground production in 2007. The Company's 2013 gold production was at the top end of the Company's revised production guidance of between 45,000 to 47,000 ounces. The strong fourth quarter production was the result of higher realized head grades from the processing of an approximately equal mix of underground and open pit ore, despite four lost production days related to annual maintenance of the plant in October. With this strong production finish to the year combined with reduced capital expenditures at the mine, the Company will report strong operating cash flows for the final quarter of 2013 despite the lower gold price environment.
Elgin Mining Reports Third Quarter 2013 Results
Marketwire - Tue Nov 12, 4:34PM CST
Elgin Mining Inc. (TSX: ELG)(TSX: ELG.WT) ("Elgin Mining" or the "Company") reports its financial and operational results for the three and nine months ended September 30, 2013. Elgin Mining owns and operates the Bjorkdal gold mine ("Bjorkdal") in Sweden, and holds the past-producing Lupin gold mine ("Lupin") and the Ulu gold property in Nunavut, Canada. All figures are in Canadian dollars ($ or CAD) unless otherwise indicated.
Elgin Mining Announces Third Quarter 2013 Conference Call Details
Marketwire - Thu Nov 07, 5:10PM CST
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) announces that the Company will release its third quarter 2013 financial and operational results after the close of business on Tuesday, November 12, 2013. A conference call will follow on Wednesday, November 13, 2013 at 9:00 am (Eastern Time) for management to discuss the results. This discussion will be followed by a question and answer period.
Elgin Mining Reports Third Quarter 2013 Production and Provides Operational and Corporate Update
Marketwire - Mon Oct 21, 7:42PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) is pleased to announce production results for the third quarter of 2013 at its Bjorkdal gold mine in Sweden. The Company also provides preliminary operating and cost details for 2014 based on a recently completed revised mine plan. The plan is based upon achieving all-in-cash costs, including capex and corporate general and administration, of below US$1,200/ounce.
Elgin Mining Files Technical Report for Bjorkdal Gold Mine
Marketwire - Wed Aug 28, 7:38PM CDT
Elgin Mining Inc. (TSX: ELG)(TSX: ELG.WT) ("Elgin Mining" or the "Company") has filed of a technical report dated August 28, 2013 and entitled "NI 43-101 Technical Report on the Mineral Resource and Mineral Reserve Estimation for the Bjorkdal Gold Mine, Sweden" prepared for the Company in accordance with National Instrument 43-101 (the "Technical Report") and in support of the Company's news release dated July 15, 2013. The Technical Report was prepared by James A. Currie, P.Eng., George Friesen, P.Eng., and Gordon Clarke, P.Geol. A copy of the Technical Report can be found on SEDAR at www.sedar.com.
IIROC Trade Resumption - Elgin Mining Inc.
Newsfile Corp - Tue Aug 27, 7:30AM CDT
Trading resumes in:
IIROC Trade Halt - Elgin Mining Inc.
Newsfile Corp - Tue Aug 27, 7:26AM CDT
The following issues have been halted by IIROC:
Elgin Mining Announces Private Placement Offering and Bridge Loan Facility
Marketwire - Tue Aug 27, 7:13AM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) today announced an offering of up to 24,600,000 units of Elgin Mining ("Units") at a price of $0.12 per Unit for aggregate gross proceeds of up to $2,952,000 (the "Offering"). Each Unit consists of one common share of Elgin Mining (a "Common Share") and one-half of one warrant (a "Warrant"). Each whole warrant is exercisable into one Common Share at a price of $0.20 for a period of two years from the date of issuance. Of the Offering, $2.0 million will be purchased by a single strategic investor and a further $590,000 by Resolute Funds Limited, the Company's largest shareholder. All securities issued will be subject to a four month hold period. The expiry date of the warrants may be accelerated by the Company if the shares of the Company trade at $0.30 or greater for 20 consecutive trading days. The proceeds will be used for working capital and general and administrative purposes.
Elgin Mining Reports Second Quarter 2013 Results
Marketwire - Mon Aug 12, 4:31PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) reports its financial and operational results for the three months ended June 30, 2013. Elgin Mining owns and operates the Bjorkdal gold mine ("Bjorkdal") in Sweden, and holds the past-producing Lupin gold mine ("Lupin") and the Ulu gold property in Nunavut, Canada. All figures are in Canadian dollars ($ or CAD) unless otherwise indicated.
