Anaconda Mining Inc (ANXGF) 0.0574 $ANXGF
Anaconda Mining posts $4.3 million, or $0.02 per share, in net income for fiscal 2014
CNW Group - Thu Aug 28, 4:16PM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) is pleased to report its financial and operating results for the fiscal year ended May 31, 2014. Net income for the year was $4,292,356 or $0.02 per fully diluted share. The Company generated earnings before interest, taxes, depreciation and amortization ("EBITDA" of $7,663,494 for fiscal 2014 compared to $7,171,717 in fiscal 2013. The Company sold 14,577 ounces of gold in fiscal 2014 resulting in $20,175,326 in revenue at an average sales price of $1,384 per ounce. Other revenues of $4,265,630 from its sold Chilean iron ore properties were also recognized during the year. Cash cost per ounce sold at the Pine Cove Project for fiscal 2014 was $1,020. As at May 31, 2014, the Company had cash and cash equivalents of $2,754,225 and net working capital of $5,066,477.
Anaconda Mining Intersects Multiple Zones Grading up to 3.17 g/t Gold Over 8.5 Meters in Down-Dip Drilling at Pine Cove Mine
CNW Group - Wed Jun 18, 7:09AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX: ANX) is pleased to report additional diamond-drilling results from the down-dip area, Pine Cove mine, Baie Verte Peninsula, Newfoundland. Prior to the commencement of drilling at the Deer Cove Project, Anaconda drilled a single, strategically placed hole on the northern edge of the Pine Cove mine's ultimate pit limit. Hole PC-14-234 returned multiple zones of gold mineralization including 2.46 grams per tonne ("g/t" gold over 8.5 meters ("m" and 3.17 g/t gold over 8.5 m. The following assay results highlight the key zones of mineralization that were intersected in hole PC-14-234.
Anaconda's Pine Cove Mine sells approximately 3,800 ounces of gold; generates nearly $5.3M in revenue in Q4 FY2014
CNW Group - Tue Jun 17, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX:ANX) announces certain financial and operating results from the fiscal fourth quarter and full year ended May 31, 2014. During the fourth quarter, the Company sold 3,797 ounces of gold and generated $5,278,887 in revenue at an average sales price of $1,390 per ounce. The fourth quarter fiscal 2014 sales volume and revenue were approximately 13% and 22% lower than the fourth quarter fiscal 2013 sales volume and revenue, respectively. For fiscal 2014, the Company sold 14,577 ounces of gold and generated $20,175,326 in revenue at an average sale price of $1,384 per ounce. Compared to fiscal 2013, sales volume and revenue decreased by 2% and 17% respectively. Year-over-year revenue decreased due to a decline in average sales price from $1,625 per ounce in fiscal 2013 to $1,384 in fiscal 2014. For fiscal 2014, the mill processed approximately 305,000 tonnes of ore, nearly 17,000 more tonnes than fiscal 2013. Year-over-year, mill availability and overall recovery remained stable at 88% and 83% respectively. The Company expects to file its full financial statements by August 27, 2014.
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.
Mammoth Samples Up to 73.4 Grams Per Tonne Gold from Its Outcrop Grid Sampling Program for Purposes of Advanced Metallurgical Testing,Tenoriba Project, Mexico
Marketwire - Fri Feb 28, 9:08AM CST
Mammoth Resources Corp. (TSX VENTURE: MTH) is pleased to announce results from its recently completed, detailed mapping and sampling program (five by five metre grid spacing) at five select, large outcrops (measuring tens of square metres) located within the Los Carneritos target area (as recommended in the company's recently posted Technical Report - refer to the company's web site, "Projects" section, "Technical Reports" . Rocks sampled in these five areas included highly silicified, felsic volcanic and chaotic volcanic breccias with patches of vuggy silica which returned numerous high gold grades, including one exceptional sample, sample number 330952 which assayed 73.4 grams per tonne (g/t) gold from what is being called Draw Point 4 within the Carneritos area (refer to Technical Reports within the Projects section of the company's web site at www.mammothresources.ca for a summary report on this program, including a table of complete assay results plus the various sample location maps listed below. Figure 1 - Draw Point Location Map, Carneritos Area, Tenoriba Project is both available in the report and attached to this press release).
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 Mining Intersects New Gold Zone at Romeo and Juliet Prospect; Assay Results Include 4.35 Grams Per Tonne Gold Over 8.44 Meters
Marketwire - Mon Sep 16, 6:01AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX: ANX) reports today that diamond drilling at its Romeo and Juliet prospect has intersected a new gold-bearing zone dubbed the Balcony Zone, located between the Romeo and Connecting Zones. It appears to dip steeply to the north, trends roughly east-west and is spatially associated with a northeast-trending topographic linear. Mineralization has been traced for approximately 100 meters and is open to the east, west and down dip. Gold is associated with pyritic altered mafic volcanic rocks, which is different from the Romeo and Juliet massive quartz vein hosted-style of gold mineralization. A structural interpretation is therefore underway to help guide future drilling and to understand better these positive anomalies.
Anaconda Mining Receives First Commercial Production Payment of US$1 Million from Tal Tal
Marketwire - Tue Sep 10, 6:00AM CDT
Anaconda Mining Inc. (TSX: ANX) ("Anaconda" or "the Company" is pleased to announce that, on September 9, 2013, it received the US$1 million payment from Hierro Tal Tal S.A. ("Tal Tal" relating to the commercial production milestone set forth in the stock purchase agreement dated December 7, 2011 ("SPA" , between Inversiones La Veta SpA ("La Veta" , a wholly owned subsidiary of Anaconda, and Tal Tal.
Anaconda Mining Posts $7.4 Million, or $0.04 Per Share, in Net Income for Fiscal 2013
Marketwire - Thu Aug 29, 6:01AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company" (TSX: ANX) is pleased to report its financial and operating results for the fiscal year ended May 31, 2013. The Company generated net income of $7,438,629 or $0.04 per fully diluted share compared with net income of $3,298,063 or $0.02 per fully diluted share for the fiscal year ended May 31, 2012. Fiscal 2013 net income consisted of income from operations of $3,460,629 or $0.02 per share and the recording of a deferred income tax recovery of $3,978,000 or $0.02 per share. Deferred income tax assets were recorded when the Company removed its going concern note to the financial statements and recognized the tax value of its income tax loss carry forward amounts.
Anaconda Mining posts $4.3 million, or $0.02 per share, in net income for fiscal 2014
CNW Group - Thu Aug 28, 4:16PM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) is pleased to report its financial and operating results for the fiscal year ended May 31, 2014. Net income for the year was $4,292,356 or $0.02 per fully diluted share. The Company generated earnings before interest, taxes, depreciation and amortization ("EBITDA" of $7,663,494 for fiscal 2014 compared to $7,171,717 in fiscal 2013. The Company sold 14,577 ounces of gold in fiscal 2014 resulting in $20,175,326 in revenue at an average sales price of $1,384 per ounce. Other revenues of $4,265,630 from its sold Chilean iron ore properties were also recognized during the year. Cash cost per ounce sold at the Pine Cove Project for fiscal 2014 was $1,020. As at May 31, 2014, the Company had cash and cash equivalents of $2,754,225 and net working capital of $5,066,477. Anaconda Mining Intersects Multiple Zones Grading up to 3.17 g/t Gold Over 8.5 Meters in Down-Dip Drilling at Pine Cove Mine
CNW Group - Wed Jun 18, 7:09AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) is pleased to report additional diamond-drilling results from the down-dip area, Pine Cove mine, Baie Verte Peninsula, Newfoundland. Prior to the commencement of drilling at the Deer Cove Project, Anaconda drilled a single, strategically placed hole on the northern edge of the Pine Cove mine's ultimate pit limit. Hole PC-14-234 returned multiple zones of gold mineralization including 2.46 grams per tonne ("g/t" gold over 8.5 meters ("m" and 3.17 g/t gold over 8.5 m. The following assay results highlight the key zones of mineralization that were intersected in hole PC-14-234. Anaconda's Pine Cove Mine sells approximately 3,800 ounces of gold; generates nearly $5.3M in revenue in Q4 FY2014
CNW Group - Tue Jun 17, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX:ANX) announces certain financial and operating results from the fiscal fourth quarter and full year ended May 31, 2014. During the fourth quarter, the Company sold 3,797 ounces of gold and generated $5,278,887 in revenue at an average sales price of $1,390 per ounce. The fourth quarter fiscal 2014 sales volume and revenue were approximately 13% and 22% lower than the fourth quarter fiscal 2013 sales volume and revenue, respectively. For fiscal 2014, the Company sold 14,577 ounces of gold and generated $20,175,326 in revenue at an average sale price of $1,384 per ounce. Compared to fiscal 2013, sales volume and revenue decreased by 2% and 17% respectively. Year-over-year revenue decreased due to a decline in average sales price from $1,625 per ounce in fiscal 2013 to $1,384 in fiscal 2014. For fiscal 2014, the mill processed approximately 305,000 tonnes of ore, nearly 17,000 more tonnes than fiscal 2013. Year-over-year, mill availability and overall recovery remained stable at 88% and 83% respectively. The Company expects to file its full financial statements by August 27, 2014. 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. Mammoth Samples Up to 73.4 Grams Per Tonne Gold from Its Outcrop Grid Sampling Program for Purposes of Advanced Metallurgical Testing,Tenoriba Project, Mexico
Marketwire - Fri Feb 28, 9:08AM CST
Mammoth Resources Corp. (TSX VENTURE: MTH) is pleased to announce results from its recently completed, detailed mapping and sampling program (five by five metre grid spacing) at five select, large outcrops (measuring tens of square metres) located within the Los Carneritos target area (as recommended in the company's recently posted Technical Report - refer to the company's web site, "Projects" section, "Technical Reports"
. Rocks sampled in these five areas included highly silicified, felsic volcanic and chaotic volcanic breccias with patches of vuggy silica which returned numerous high gold grades, including one exceptional sample, sample number 330952 which assayed 73.4 grams per tonne (g/t) gold from what is being called Draw Point 4 within the Carneritos area (refer to Technical Reports within the Projects section of the company's web site at www.mammothresources.ca for a summary report on this program, including a table of complete assay results plus the various sample location maps listed below. Figure 1 - Draw Point Location Map, Carneritos Area, Tenoriba Project is both available in the report and attached to this press release). 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 Mining Intersects New Gold Zone at Romeo and Juliet Prospect; Assay Results Include 4.35 Grams Per Tonne Gold Over 8.44 Meters
Marketwire - Mon Sep 16, 6:01AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) reports today that diamond drilling at its Romeo and Juliet prospect has intersected a new gold-bearing zone dubbed the Balcony Zone, located between the Romeo and Connecting Zones. It appears to dip steeply to the north, trends roughly east-west and is spatially associated with a northeast-trending topographic linear. Mineralization has been traced for approximately 100 meters and is open to the east, west and down dip. Gold is associated with pyritic altered mafic volcanic rocks, which is different from the Romeo and Juliet massive quartz vein hosted-style of gold mineralization. A structural interpretation is therefore underway to help guide future drilling and to understand better these positive anomalies. Anaconda Mining Receives First Commercial Production Payment of US$1 Million from Tal Tal
Marketwire - Tue Sep 10, 6:00AM CDT
Anaconda Mining Inc. (TSX: ANX) ("Anaconda" or "the Company"
is pleased to announce that, on September 9, 2013, it received the US$1 million payment from Hierro Tal Tal S.A. ("Tal Tal" relating to the commercial production milestone set forth in the stock purchase agreement dated December 7, 2011 ("SPA" , between Inversiones La Veta SpA ("La Veta" , a wholly owned subsidiary of Anaconda, and Tal Tal. Anaconda Mining Posts $7.4 Million, or $0.04 Per Share, in Net Income for Fiscal 2013
Marketwire - Thu Aug 29, 6:01AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
(TSX: ANX) is pleased to report its financial and operating results for the fiscal year ended May 31, 2013. The Company generated net income of $7,438,629 or $0.04 per fully diluted share compared with net income of $3,298,063 or $0.02 per fully diluted share for the fiscal year ended May 31, 2012. Fiscal 2013 net income consisted of income from operations of $3,460,629 or $0.02 per share and the recording of a deferred income tax recovery of $3,978,000 or $0.02 per share. Deferred income tax assets were recorded when the Company removed its going concern note to the financial statements and recognized the tax value of its income tax loss carry forward amounts. 
