PolyMet Mining Corp. (NYSEMKT:PLM) was granted a EC-2 rating by the U.S. Environmental Protection Agency, for the Company’s NorthMet Project supplemental draft Environmental Impact Statement. Other notable projects in Minnesota including the Central Corridor Light Rail Project in the Twin Cities, the St. Croix River Crossing, and several other major highway improvement and bridge projects have also been given the same EC (Environmental Concerns) rating. PolyMet Mining Corp. (USA) (NYSEMKT:PLM) shares after opening at $1.49 moved to $1.56 on last trade day and at the end of the day closed at $1.47.Price to cash ratio as 9.92. PolyMet Mining Corp. (USA) (NYSEMKT:PLM) showed a positive weekly performance of 12.21%.
Golden Minerals Company (nysemkt:AUMN) Announces financial results for the full year ending December 31, 2013.For the year ending December 31, 2013 Golden Minerals recorded revenue of $10.7 million and costs of metals sold of $17.5 million for a negative gross margin of $6.9 million related to the sale of metals at the Velardena Properties in Mexico. The Company suspended mining operations at Velardena on June 19, 2013 due to depressed precious metals prices in order to conserve the asset until the Company is able to create new mining and processing plans that at then-current silver and gold prices indicate a sustainable cash margin. The Company recorded a 2013 net loss of $240.4 million, of which $210.7 million is attributable to non-cash impairment charges, net of tax. Golden Minerals Co (NYSEMKT:AUMN) shares fell -3.36% in last trading session and ended the day on $1.15. AUMN return on equity ratio is recorded as -423.40% and its return on assets is -350.90%. Golden Minerals Co (NYSEMKT:AUMN) yearly performance is -57.88%.
The Tasman Metals Ltd (NYSEMKT:TAS) on Feb. 11 announced that further to its news release of January 22, 2014, the Company has closed the first tranche of its private placement financing (the “First Tranche”) and has issued 3,875,863 units at a price of CDN$1.10 per unit (the “Unit”) for gross proceeds of CDN$4,263,449.30. Each Unit consists of one common share and one non-transferable common share purchase warrant. Each non-transferable common share purchase warrant exercisable at a price of CDN$1.50 per common share for a period of three years expiring on February 11, 2017. Tasman Metals Ltd (NYSEMKT:TAS) shares moved down -4.73% in last trading session and was closed at $1.61, while trading in range of $1.52-$1.66. Tasman Metals Ltd (NYSEMKT:TAS) year to date performance is 59.41%.
Eurasian Minerals Inc Common Shares (Canada) (NYSEMKT:EMXX) is pleased to announce the execution of an Option Agreement (the “Agreement”) to sell the Akarca property in northwest Turkey for a combination of cash payments, gold bullion, work commitments, and a royalty interest. The Agreement gives Colakoglu Ticari Yatirim A.S. (“Colakoglu”), a privately owned Turkish company, the option to acquire EMX’s 100% owned subsidiary, AES Madencilik A.S. (“AES Turkey”), a Turkish corporation that controls the Akarca property. EMX looks forward to working with Colakoglu to further advance the Akarca project towards resource delineation while exploring for new discoveries on the property. Eurasian Minerals Inc Common Shares (Canada) (NYSEMKT:EMXX) weekly performance is 0.95%. On last trading day company shares ended up $1.06. Eurasian Minerals Inc Common Shares (Canada) (NYSEMKT:EMXX) distance from 50-day simple moving average is 0.13%.