Saturday, May 26, 2012

Vale S.A. - VALE.n

http://canadastockjournal.blogspot.ca/2012/05/vale-sa-valen.html


Vale S.A. - VALE.n is a Brazilian multinational diversified metals and mining corporation that employs over 12,000 people at operations in Canada, the United States, Indonesia, Asia, New Caledonia, United Kingdom and Brazil.

Vale is the second-largest mining company in the world, the largest producer of iron ore, and second largest of nickel. Vale also produces manganese, ferroalloys, copper, bauxite, potash, kaolin, alumina and aluminium. The company participates in consortia and operates nine hydroelectric plants.










On May 5, 2012 the company released News

"Vale approves Disclosure Policy

Rio de Janeiro, May 25, 2012 – Vale S.A. (Vale) announces that its Board of Directors approved the new Vale’s Disclosure Policy, which replaces the current policy approved on July 24, 2002. The new Policy is on our website www.vale.com/investor relations/corporate governance."
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Wednesday, May 23, 2012

Coeur d'Alene Mines Corporation - CDE.n

http://canadastockjournal.blogspot.ca/2012/05/coeur-dalene-mines-corporation-cden.html
Coeur d'Alene Mines Corporation - CDE.n is the largest U.S.-based primary silver producer and a growing gold producer. In 2012, the Company expects to produce between 18.5 million and 20.0 million ounces of silver and between 210,000 and 230,000 ounces of gold.

Total cash operating costs are expected to be $6.50-$7.50 per silver ounce"










On May 23, 2012 the company released News

"COEUR D’ALENE, Idaho--(BUSINESS WIRE)--May. 23, 2012-- A small, unorganized group of employees of a subsidiary of Coeur Mexicana last weekend blocked access to Coeur d’Alene Mines’ (NYSE:CDE, TSX:CDM) Palmarejo Mine located in the state of Chihuahua in northern Mexico. Palmarejo management supervised an orderly, temporary shut-down of the mine and mill in order to allow for dialogue with employees while ensuring the safety of workers at the mine site. Management considers the actions taken by the small group blocking access to the mine to be illegal."
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Monday, May 21, 2012

Southern Copper Corporation - SCCO.n

http://canadastockjournal.blogspot.ca/2012/05/southern-copper-corporation-sccon.html


Southern Copper Corporation - SCCO.n is a primary copper producer with silver and other and by-products.

2011 saw sales of $ 6.8 billion and net revenues of $ 2.3 billion












On April 30, 2012 the company released Numbers

"April 30, 2012 - Southern Copper Corporation (NYSE and BVL: SCCO)
• First quarter 2012 (“1Q12”) sales reached $1,805.9 million, 13% higher than those of the 1Q11. We managed to increase our sales despite lower prices for our metals: copper price decreased by 14%, molybdenum by 18% and zinc by 16% year over year. This sales increase was the result of higher copper volume from increased production at all of our open pit mines.

• EBITDA in 1Q12 was $1,057.0 million, a significant increase of 27% year over year.

EBITDA margin increased from 52% in 1Q11 to 59% in 1Q12."
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Saturday, May 5, 2012

AngloGold Ashanti - AU.n

http://canadastockjournal.blogspot.ca/2012/05/anglogold-ashanti-aun.html
AngloGold Ashanti - AU.n has 20 operations in 11 countries on four continents and produced 4.33Moz of gold in 2010.

The company is listed on the New York, Johannesburg, Accra, London and Australian stock exchanges, as well as the Paris and Brussels bourses.



On April 10, 2012 the company reported News

"Johannesburg) - On 15 February 2012 AngloGold Ashanti, at the time of its full year 2011 earnings release, guided first quarter 2012 gold production at 1.03Mozs at total cash costs of $820/oz - $835/oz at an average exchange rate of R7.40/$, BRL1.70/$, A$1.01/$, and AP4.35/$ and fuel at $110/barrel. The Company further pointed out that both these estimates could see downside risk in the light of safety related stoppages which were being experienced at its South African mines."
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