Elgin Mng Inc (ELGMF) 0.3810 $ELGMF
Elgin Mining Reports Second Quarter 2014 Results
Marketwire - Tue Aug 12, 5:35PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company"
(TSX: ELG) reports its financial and operational results for three and six months ended June 30, 2014. Elgin Mining owns and operates the Bjorkdal gold mine ("Bjorkdal Mine" in Sweden, and holds the past-producing Lupin gold mine ("Lupin" and the Ulu gold property in Nunavut, Canada. All figures are in United States dollars ($ or USD) unless otherwise indicated.
Mandalay Advances Bridge Loan to Elgin Mining
PR Newswire Europe - Thu Jul 31, 1:02PM CDT
TORONTO and VANCOUVER, British Columbia, July 31, 2014 /PRNewswire/ --
Elgin Mining Announces Drawdown on Previously Announced Bridge Loan with Mandalay Resources Corporation
Marketwire - Thu Jul 31, 12:57PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company" (TSX: ELG) announced today that is has received, by way of the previously disclosed convertible bridge loan, approximately C$5 million from Mandalay Resources Corporation ("Mandalay" (TSX: MND).
Mandalay Resources Provides Update on Elgin Mining Transaction and Enters into Amended and Restated Arrangement Agreement
PR Newswire Europe - Fri Jul 25, 5:11PM CDT
TORONTO, July 25, 2014 /PRNewswire/ --
Elgin Mining Provides Update and Enters into Amended and Restated Arrangement Agreement with Mandalay Resources
Marketwire - Fri Jul 25, 4:30PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company" (TSX: ELG) is pleased to provide the following update on the previously announced transaction with Mandalay Resources Corporation ("Mandalay" (TSX: MND). Elgin Mining has now reached a resolution on all outstanding reclamation obligations relating to its former coal operations in Kentucky, and these are to Mandalay's satisfaction. Elgin Mining has filed amended and restated interim financial statements and management's discussion and analysis for the three months ended March 31, 2014 to reflect this settlement. The parties have also entered into an amended and restated arrangement agreement ("Amended and Restated Arrangement Agreement" dated July 25, 2014 with respect to the previously announced acquisition by Mandalay of all the outstanding common shares of Elgin Mining for consideration consisting of C$0.37 cash or 0.4111 of a Mandalay common share per Elgin Mining common share, subject to pro ration, by way of plan of arrangement (the "Arrangement" .
Elgin Mining Announces Acceleration of Expiry Date of All Outstanding Warrants
Marketwire - Mon Jul 14, 4:31PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company" (TSX: ELG) announced today that it is accelerating the expiry date of the 12,279,166 outstanding common share purchase warrants ("Warrants" of the Company issued on September 13, 2013 to August 26, 2014 (the "Accelerated Expiry Date" . This news release constitutes notice to the holders of Warrants that any unexercised Warrants outstanding at or after 5:00 p.m. Eastern Daylight Time (the "Expiry Time" on the Accelerated Expiry Date will expire without any further notice or action.
Elgin Mining Reports Fourth Quarter and 2013 Results
Marketwire - Mon Mar 24, 7:31AM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company" (TSX: ELG)(TSX: ELG.WT) reports its financial and operational results for the three months and year ended December 31, 2013. Elgin Mining owns and operates the Bjorkdal gold mine ("Bjorkdal Mine" in Sweden, and holds the past-producing Lupin gold mine ("Lupin" and the Ulu gold property in Nunavut, Canada. All figures are in Canadian dollars ($ or CAD) unless otherwise indicated.
Elgin Mining Announces Fourth Quarter and Full Year 2013 Conference Call Details
Marketwire - Fri Mar 21, 1:25PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company" (TSX: ELG)(TSX: ELG.WT) announces that the Company will release its fourth quarter and full year 2013 financial and operational results prior to the market opening on Monday, March 24th, 2014. A conference call will follow on the same day at 2pm (Eastern Time) for management to discuss the results. This discussion will be followed by a question and answer period.
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 Second Quarter 2014 Results
Marketwire - Tue Aug 12, 5:35PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company"
(TSX: ELG) reports its financial and operational results for three and six months ended June 30, 2014. Elgin Mining owns and operates the Bjorkdal gold mine ("Bjorkdal Mine" in Sweden, and holds the past-producing Lupin gold mine ("Lupin" and the Ulu gold property in Nunavut, Canada. All figures are in United States dollars ($ or USD) unless otherwise indicated. Mandalay Advances Bridge Loan to Elgin Mining
PR Newswire Europe - Thu Jul 31, 1:02PM CDT
TORONTO and VANCOUVER, British Columbia, July 31, 2014 /PRNewswire/ --
Elgin Mining Announces Drawdown on Previously Announced Bridge Loan with Mandalay Resources Corporation
Marketwire - Thu Jul 31, 12:57PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company"
(TSX: ELG) announced today that is has received, by way of the previously disclosed convertible bridge loan, approximately C$5 million from Mandalay Resources Corporation ("Mandalay" (TSX: MND). Mandalay Resources Provides Update on Elgin Mining Transaction and Enters into Amended and Restated Arrangement Agreement
PR Newswire Europe - Fri Jul 25, 5:11PM CDT
TORONTO, July 25, 2014 /PRNewswire/ --
Elgin Mining Provides Update and Enters into Amended and Restated Arrangement Agreement with Mandalay Resources
Marketwire - Fri Jul 25, 4:30PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company"
(TSX: ELG) is pleased to provide the following update on the previously announced transaction with Mandalay Resources Corporation ("Mandalay" (TSX: MND). Elgin Mining has now reached a resolution on all outstanding reclamation obligations relating to its former coal operations in Kentucky, and these are to Mandalay's satisfaction. Elgin Mining has filed amended and restated interim financial statements and management's discussion and analysis for the three months ended March 31, 2014 to reflect this settlement. The parties have also entered into an amended and restated arrangement agreement ("Amended and Restated Arrangement Agreement" dated July 25, 2014 with respect to the previously announced acquisition by Mandalay of all the outstanding common shares of Elgin Mining for consideration consisting of C$0.37 cash or 0.4111 of a Mandalay common share per Elgin Mining common share, subject to pro ration, by way of plan of arrangement (the "Arrangement" . Elgin Mining Announces Acceleration of Expiry Date of All Outstanding Warrants
Marketwire - Mon Jul 14, 4:31PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company"
(TSX: ELG) announced today that it is accelerating the expiry date of the 12,279,166 outstanding common share purchase warrants ("Warrants" of the Company issued on September 13, 2013 to August 26, 2014 (the "Accelerated Expiry Date" . This news release constitutes notice to the holders of Warrants that any unexercised Warrants outstanding at or after 5:00 p.m. Eastern Daylight Time (the "Expiry Time" on the Accelerated Expiry Date will expire without any further notice or action. Elgin Mining Reports Fourth Quarter and 2013 Results
Marketwire - Mon Mar 24, 7:31AM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company"
(TSX: ELG)(TSX: ELG.WT) reports its financial and operational results for the three months and year ended December 31, 2013. Elgin Mining owns and operates the Bjorkdal gold mine ("Bjorkdal Mine" in Sweden, and holds the past-producing Lupin gold mine ("Lupin" and the Ulu gold property in Nunavut, Canada. All figures are in Canadian dollars ($ or CAD) unless otherwise indicated. Elgin Mining Announces Fourth Quarter and Full Year 2013 Conference Call Details
Marketwire - Fri Mar 21, 1:25PM CDT
Elgin Mining Inc. ("Elgin Mining" or the "Company"
(TSX: ELG)(TSX: ELG.WT) announces that the Company will release its fourth quarter and full year 2013 financial and operational results prior to the market opening on Monday, March 24th, 2014. A conference call will follow on the same day at 2pm (Eastern Time) for management to discuss the results. This discussion will be followed by a question and answer period. 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. 
