On May 20, 2014, McEwen Mining Inc (NYSE:MUX) are pleased to announce the results of their annual general meetings held on May 15, 2014. McEwen Mining reports that Robert McEwen, Allen Ambrose, Michele Ashby, Leanne Baker, Richard Brissenden, Gregory Fauquier, Donald Quick and Michael Stein were elected as directors of McEwen Mining. The shareholders of McEwen Mining also approved the compensation of McEwen Mining’s named executive officers (“Say-on-Pay”) and re-appointed KPMG LLP as auditors. ExchangeCo. reports that Ian Ball was elected as a director. McEwen Mining Inc (NYSE:MUX) weekly performance is 10.99%. On last trading day company shares ended up $3.03. Analysts mean target price for the company is $3.87. McEwen Mining Inc (NYSE:MUX) distance from 50-day simple moving average (SMA50) is 29.33%.
Pan American Silver Corp. (USA) (NASDAQ:PAAS) shares advanced 6.23% in last trading session and ended the day on $15.00. PAAS Gross Margin is -58.00% and its return on assets is -9.97%. Pan American Silver Corp. (USA) (NASDAQ:PAAS) quarterly performance is 7.91%.
Gold Fields Limited (ADR) (NYSE:GFI) is pleased to announce that it has reached agreement with its bank group to amend and extend certain facilities under its syndicated bank credit facilities agreement. Gold Fields Limited (ADR) (NYSE:GFI) shares moved up 5.21% in last trading session and was closed at $3.84, while trading in range of $3.67 – $3.84. Gold Fields Limited (ADR) (NYSE:GFI) year to date (YTD) performance is 20.75%.
On Jun 16, 2014, Allied Nevada Gold Corp. (NYSEMKT:ANV)reports that the temporary repairs to the secondary and tertiary crushers have been completed and the crushing system is back in operation. With these repairs completed, we expect to be able to achieve our planned crushing rates of approximately one million tons per month for the heap leach operation. A permanent solution, bringing the crushing capacity to that required for the mill operations, is being engineered and is expected to be installed in the next year, well ahead of when it is required for the mill expansion. Allied Nevada Gold Corp. (NYSEMKT:ANV) ended the last trading day at $3.95. Company weekly volatility is calculated as 6.62% and price to cash ratio as 8.09. Allied Nevada Gold Corp. (NYSEMKT:ANV) showed a positive weekly performance of 12.54%.
On June 17, Bonds of Molycorp Inc (NYSE:MCP), the owner of the largest rare-earth deposit outside of China, rose to the highest level in more than a month after a peer sold shares and its chief executive officer indicated raising equity was an option to combat dwindling cash. Molycorp Inc (NYSE:MCP) shares moved up 5.76% in last trading session and was closed at $2.94, while trading in range of $2.76 – $2.98. Molycorp Inc (NYSE:MCP) year to date (YTD) performance is-47.69%.