Anaconda Mining Inc. (ANX.TO) 0.09 $ANX.TO
Anaconda Mining Sells 2,832 Ounces for Q3 Fiscal 2014 and Maintains Strong Cash Position
Marketwire - Fri Apr 11, 6:01AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
(TSX: ANX) is pleased to report its financial and operating results for the three months ended (the "Quarter" and nine months ended February 28, 2014. The Company generated $146,078 in earnings before interest, depreciation and depletion and share based compensation ("EBITDA" and a net loss of $281,136, or ($0.002) per fully diluted share for the Quarter. The Company sold 2,832 ounces of gold and generated $3,865,210 in revenue at an average sales price of $1,365 per ounce. Cash operating cost per ounce sold at the Pine Cove Project for the Quarter was $1,329. The Company also recognized other revenues of $534,868 from its sold Chilean iron ore properties. As at February 28, 2014, the Company had cash and cash equivalents of $1,959,445 and net working capital of $1,774,458.
Anaconda Mining Hosts "Exploration Summit" in St. John's, NL
Marketwire - Wed Apr 09, 6:02AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX: ANX) is pleased to announce that on Monday April 14, 2014, it will host an innovative exploration workshop at the Johnson Geo Centre in St. John's, NL (the "Exploration Summit", focused on the Company's 6,000-hectare land package located on the Ming's Bight Peninsula, which is part of the greater Baie Verte Peninsula. The Exploration Summit will be attended by 24 participants who will discuss their relevant experiences, both regionally and internationally, and new technology that could benefit the Company in optimizing its exploration efforts. The Research and Development Corporation of Newfoundland and Labrador (the "RDC" has been assisting Anaconda by providing organizational support to the workshop.
Anaconda's Pine Cove Mine Sells Over 2,800 Ounces of Gold; Generates Nearly $4M in Revenue in Q3 FY2014
Marketwire - Thu Mar 20, 6:01AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) announces certain financial and operating results from the fiscal 2014 third quarter ended February 28, 2014 (the "Quarter". The Company sold 2,832 ounces of gold and generated $3,865,210 in revenue at an average sales price of $1,365 per ounce. During the previous years' third quarter ended February 28, 2013, the Company sold 3,101 ounces of gold and generated $5,137,269 in revenue at an average sales price of $1,656 per ounce. The Quarter's sales volume and revenue were approximately 9% and 25% lower, respectively, than in the similar period in fiscal 2013. Volume was down because of an unusually harsh winter in Newfoundland, as well as power supply issues which affected crusher and ball mill performance. Revenue was lower because of the decreased volume and the nearly $300 unfavorable difference in average gold price. Despite a challenging Quarter, the Company has sold 10,780 ounces through the first nine months of fiscal 2014, which is nearly 300 ounces more than the same period in fiscal 2013. In addition to the revenue generated at Pine Cove, Anaconda received US$355,831 in royalty income from the Chile transaction during the Quarter. The Company expects to file its full financial statements by April 15, 2014.
Anaconda Mining Intersects 5.75 g/t Gold Over 1.97 Meters Down-Dip of Pine Cove Open Pit
Marketwire - Mon Mar 03, 6:02AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX: ANX) is pleased to report that condemnation diamond-drilling north of its Pine Cove mine has intersected the possible down-dip extension of the Pine Cove deposit. PC-14-224, a vertical diamond-drill hole, located approximately 180 meters north of the ultimate open pit, intersected 5.75 grams per tonne ("g/t" gold over a core length of 1.97 meters.
Quorum Logs Another Banner Year
Marketwire - Wed Jan 15, 8:01AM CST
Quorum(R), the leading provider of one-click backup, recovery and continuity for the midmarket, today announced it closed out 2013 on a high note with a number of notable achievements. The latter half of the year has been characterized by record growth, new funding, overseas expansion, additional marketing and engineering hires, and more, altogether illustrating the company's impressive momentum as it moves into a new year.
ADP Regional Employment Report: Texas and Florida Lead Growth Among Large States From November to December
Marketwire - Wed Jan 15, 8:00AM CST
Private sector employment increased in all nine U.S. Census Bureau Divisions during the month of December 2013, according to the monthly ADP Regional Employment Report(SM), which is produced by ADP(R), a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody's Analytics, Inc. Broadly distributed to the public each month, free of charge, the ADP Regional Employment Report measures monthly changes in regional nonfarm private employment on a seasonally adjusted basis.
Anaconda Mining Posts $2.6 Million in Net Income and Sells 3,852 Ounces for Q2 Fiscal 2014
Marketwire - Mon Jan 13, 6:02AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company" (TSX: ANX) is pleased to report its financial and operating results for the three months ended (the "Quarter" and six months ended November 30, 2013. The Company generated net income of $2,646,938, or $0.015 per fully diluted share, and $4,139,163 in earnings before interest, depreciation and depletion and share based compensation ("EBITDA" for the Quarter. The Company sold 3,852 ounces of gold and generated $5,299,446 in revenue at an average sales price of $1,376 per ounce. Cash operating cost per ounce sold at the Pine Cove Project for the Quarter was $1,021. The Company also recognized property and royalty income of $3,289,040 from its sold Chilean iron ore properties.
Anaconda Generates $6.4M in Revenue in FY Q2 2014; Pine Cove Mine Sells Nearly 3,900 Ounces of Gold
Marketwire - Mon Dec 16, 6:18AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX: ANX) is pleased to announce certain financial and operating results for the fiscal 2014 second quarter ended November 30, 2013 ("Q2". The Company sold 3,852 ounces of gold and generated $5,299,446 in revenue at Pine Cove at an average sales price of $1,376 per ounce. The Q2 sales volume was 21% greater than Q2 of fiscal 2013; while the Q2 revenue was 2% less than Q2 of fiscal 2013 due to a lower gold price. For the first six months of fiscal 2014, the Company sold 7,948 ounces of gold and generated $11,031,229 in revenue at Pine Cove at an average sales price of $1,388 per ounce. Compared to the first six months of fiscal 2013, sales volume increased 7% while revenue at Pine Cove decreased by 10%, again because of a lower sales price. The Company expects to file its full financial statements on or before January 14, 2014.
Anaconda Mining Appoints Tim Casgrain as Chairman of the Board of Directors
Marketwire - Fri Dec 06, 6:01AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company" (TSX: ANX) is pleased to announce that Tim Casgrain, who joined the Company's board of directors on October 10, 2013, has been appointed Chairman. Mr. Casgrain replaces Lewis Lawrick who will continue to serve as a director of the Company.
Anaconda Mining Announces Election of Directors
Marketwire - Thu Dec 05, 2:18PM CST
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX: ANX) is pleased to announce that the nominees listed in the management proxy circular for the 2013 Annual General Meeting were elected as directors of Anaconda. Detailed results of the vote for the election of directors held at the Annual General Meeting earlier today in Toronto are set out below.
Anaconda Mining Consolidates Pine Cove Mining District; Acquires Deer Cove and Stog'er Tight Gold Projects
Marketwire - Wed Nov 20, 6:01AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX: ANX) is pleased to report, that effective November 13, 2013, it entered into two three-year option agreements with 1512513 Alberta Ltd. ("Alberta Ltd.", a subsidiary of Coordinates Capital, to acquire a 100% undivided interest in the Deer Cove and Stog'er Tight gold projects. The three mining licenses, totaling 48 claims (approximately 1,235 hectares), and the two mining leases (approximately 47 hectares) are adjacent to Anaconda's property around the Pine Cove mine, Baie Verte Peninsula, Newfoundland (See Exhibit A).
Anaconda Mining Sells 2,832 Ounces for Q3 Fiscal 2014 and Maintains Strong Cash Position
Marketwire - Fri Apr 11, 6:01AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
(TSX: ANX) is pleased to report its financial and operating results for the three months ended (the "Quarter" and nine months ended February 28, 2014. The Company generated $146,078 in earnings before interest, depreciation and depletion and share based compensation ("EBITDA" and a net loss of $281,136, or ($0.002) per fully diluted share for the Quarter. The Company sold 2,832 ounces of gold and generated $3,865,210 in revenue at an average sales price of $1,365 per ounce. Cash operating cost per ounce sold at the Pine Cove Project for the Quarter was $1,329. The Company also recognized other revenues of $534,868 from its sold Chilean iron ore properties. As at February 28, 2014, the Company had cash and cash equivalents of $1,959,445 and net working capital of $1,774,458. Anaconda Mining Hosts "Exploration Summit" in St. John's, NL
Marketwire - Wed Apr 09, 6:02AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) is pleased to announce that on Monday April 14, 2014, it will host an innovative exploration workshop at the Johnson Geo Centre in St. John's, NL (the "Exploration Summit", focused on the Company's 6,000-hectare land package located on the Ming's Bight Peninsula, which is part of the greater Baie Verte Peninsula. The Exploration Summit will be attended by 24 participants who will discuss their relevant experiences, both regionally and internationally, and new technology that could benefit the Company in optimizing its exploration efforts. The Research and Development Corporation of Newfoundland and Labrador (the "RDC" has been assisting Anaconda by providing organizational support to the workshop. Anaconda's Pine Cove Mine Sells Over 2,800 Ounces of Gold; Generates Nearly $4M in Revenue in Q3 FY2014
Marketwire - Thu Mar 20, 6:01AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) announces certain financial and operating results from the fiscal 2014 third quarter ended February 28, 2014 (the "Quarter". The Company sold 2,832 ounces of gold and generated $3,865,210 in revenue at an average sales price of $1,365 per ounce. During the previous years' third quarter ended February 28, 2013, the Company sold 3,101 ounces of gold and generated $5,137,269 in revenue at an average sales price of $1,656 per ounce. The Quarter's sales volume and revenue were approximately 9% and 25% lower, respectively, than in the similar period in fiscal 2013. Volume was down because of an unusually harsh winter in Newfoundland, as well as power supply issues which affected crusher and ball mill performance. Revenue was lower because of the decreased volume and the nearly $300 unfavorable difference in average gold price. Despite a challenging Quarter, the Company has sold 10,780 ounces through the first nine months of fiscal 2014, which is nearly 300 ounces more than the same period in fiscal 2013. In addition to the revenue generated at Pine Cove, Anaconda received US$355,831 in royalty income from the Chile transaction during the Quarter. The Company expects to file its full financial statements by April 15, 2014. Anaconda Mining Intersects 5.75 g/t Gold Over 1.97 Meters Down-Dip of Pine Cove Open Pit
Marketwire - Mon Mar 03, 6:02AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) is pleased to report that condemnation diamond-drilling north of its Pine Cove mine has intersected the possible down-dip extension of the Pine Cove deposit. PC-14-224, a vertical diamond-drill hole, located approximately 180 meters north of the ultimate open pit, intersected 5.75 grams per tonne ("g/t" gold over a core length of 1.97 meters. Quorum Logs Another Banner Year
Marketwire - Wed Jan 15, 8:01AM CST
Quorum(R), the leading provider of one-click backup, recovery and continuity for the midmarket, today announced it closed out 2013 on a high note with a number of notable achievements. The latter half of the year has been characterized by record growth, new funding, overseas expansion, additional marketing and engineering hires, and more, altogether illustrating the company's impressive momentum as it moves into a new year.
ADP Regional Employment Report: Texas and Florida Lead Growth Among Large States From November to December
Marketwire - Wed Jan 15, 8:00AM CST
Private sector employment increased in all nine U.S. Census Bureau Divisions during the month of December 2013, according to the monthly ADP Regional Employment Report(SM), which is produced by ADP(R), a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody's Analytics, Inc. Broadly distributed to the public each month, free of charge, the ADP Regional Employment Report measures monthly changes in regional nonfarm private employment on a seasonally adjusted basis.
Anaconda Mining Posts $2.6 Million in Net Income and Sells 3,852 Ounces for Q2 Fiscal 2014
Marketwire - Mon Jan 13, 6:02AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company"
(TSX: ANX) is pleased to report its financial and operating results for the three months ended (the "Quarter" and six months ended November 30, 2013. The Company generated net income of $2,646,938, or $0.015 per fully diluted share, and $4,139,163 in earnings before interest, depreciation and depletion and share based compensation ("EBITDA" for the Quarter. The Company sold 3,852 ounces of gold and generated $5,299,446 in revenue at an average sales price of $1,376 per ounce. Cash operating cost per ounce sold at the Pine Cove Project for the Quarter was $1,021. The Company also recognized property and royalty income of $3,289,040 from its sold Chilean iron ore properties. Anaconda Generates $6.4M in Revenue in FY Q2 2014; Pine Cove Mine Sells Nearly 3,900 Ounces of Gold
Marketwire - Mon Dec 16, 6:18AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) is pleased to announce certain financial and operating results for the fiscal 2014 second quarter ended November 30, 2013 ("Q2". The Company sold 3,852 ounces of gold and generated $5,299,446 in revenue at Pine Cove at an average sales price of $1,376 per ounce. The Q2 sales volume was 21% greater than Q2 of fiscal 2013; while the Q2 revenue was 2% less than Q2 of fiscal 2013 due to a lower gold price. For the first six months of fiscal 2014, the Company sold 7,948 ounces of gold and generated $11,031,229 in revenue at Pine Cove at an average sales price of $1,388 per ounce. Compared to the first six months of fiscal 2013, sales volume increased 7% while revenue at Pine Cove decreased by 10%, again because of a lower sales price. The Company expects to file its full financial statements on or before January 14, 2014. Anaconda Mining Appoints Tim Casgrain as Chairman of the Board of Directors
Marketwire - Fri Dec 06, 6:01AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company"
(TSX: ANX) is pleased to announce that Tim Casgrain, who joined the Company's board of directors on October 10, 2013, has been appointed Chairman. Mr. Casgrain replaces Lewis Lawrick who will continue to serve as a director of the Company. Anaconda Mining Announces Election of Directors
Marketwire - Thu Dec 05, 2:18PM CST
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) is pleased to announce that the nominees listed in the management proxy circular for the 2013 Annual General Meeting were elected as directors of Anaconda. Detailed results of the vote for the election of directors held at the Annual General Meeting earlier today in Toronto are set out below. Anaconda Mining Consolidates Pine Cove Mining District; Acquires Deer Cove and Stog'er Tight Gold Projects
Marketwire - Wed Nov 20, 6:01AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) is pleased to report, that effective November 13, 2013, it entered into two three-year option agreements with 1512513 Alberta Ltd. ("Alberta Ltd.", a subsidiary of Coordinates Capital, to acquire a 100% undivided interest in the Deer Cove and Stog'er Tight gold projects. The three mining licenses, totaling 48 claims (approximately 1,235 hectares), and the two mining leases (approximately 47 hectares) are adjacent to Anaconda's property around the Pine Cove mine, Baie Verte Peninsula, Newfoundland (See Exhibit A). 
