Growth in Mining Ops - Research Report on First Majestic Silver Corp., Hecla Mining Co., Newmont Mining Corp., Pan American Silver Corp. and Silver Wheaton Corp.
by PR Newswire
NEW YORK, February 28, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting First Majestic Silver Corp. (NYSE: AG), Hecla Mining Co. (NYSE: HL), Newmont Mining Corp. (NYSE: NEM), Pan American Silver Corp. (NASDAQ: PAAS) and Silver Wheaton Corp. (NYSE: SLW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
First Majestic Silver Corp. Research Report
After First Majestic's efforts to acquire Orko Silver Corp., the company decided to abort its interest in the company as Coeur d'Alene made a bid that First Majestic does not want to match. In a company statement, First Majestic said that beating Coeur's $383.3 million offer is not economically sustainable. Some analysts said that First Majestic's notable decision protects its shareholder value and return on investment. First Majestic is reportedly receiving a breakup fee of $11.6 million from Coeur. The Full Research Report on First Majestic Silver Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/71a7_AG]
Hecla Mining Co. Research Report
The Lucky Friday mine operation of Hecla raked in 25% growth for silver production after it was halted for repair in April 2011. The company reported $321.1 million in revenues and $143.5 million in gross profit for 2012 which was generated by its Green Creek operation. Since Hecla's Lucky Friday is already operational, the company is expecting better revenues from 8 to 9 million ounces of silver production for full-year 2013. Hecla also saw an increased growth in gold mineralized material of 1.7 million tons. Successful exploration programs in 2012 are expected to unlock Hecla's new chapter for long-term growth. The Full Research Report on Hecla Mining Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/2b99_HL]
Newmont Mining Corp. Research Report
Operating in various regions may be a good strategy for Newmont as the company continues to prioritize Akyem, Batu Hiaju, Conga and Tanami. The company is expected to significantly invest on these projects while it continues exploration and production in other locations. Newmont recently reported an increase in gold reserves to 99.2 million ounces while copper reserves are at 9.5 billion pounds. The company is allocating $249 million for exploration, and 40% of which will proceed to North America while the remaining will be distributed to Asia Pacific, Africa, South America and other resource-rich locations that are yet to be confirmed by Newmont. The Full Research Report on Newmont Mining Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/9aa3_NEM]
Pan American Silver Corp. Research Report
Analysts and investors are bullish that Pan American may perform better than its peers as the company posted new records for silver and gold production. Pan American produced 25.1 million ounces of silver and 112,300 million ounces of gold for full-year 2012. The company announced that its reserves increased by 317 million ounces for proven and probable silver reserves and 2.4 million ounces for proven and probable gold reserves. A great increase in reserves is probably one of the reasons why investors are attracted to the stock as Pan American looks assured of future growth and great revenues. The Full Research Report on Pan American Silver Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/e2df_PAAS]
Silver Wheaton Corp. Research Report
The bull for Silver Wheaton is perfectly defined through one word: outperform. Some analysts are expecting the company to crush expectations as Silver Wheaton becomes more poised to ramp up its gold and silver production. Silver Wheaton reported that it now owns a stake in gold production at Salobo Mine in Brazil and Sudbury Mines in Canada. Investors are looking forward to Silver Wheaton's fourth quarter and full-year 2012 results which will be held on March 21, 2013 after market close. The Full Research Report on Silver Wheaton Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/063c_SLW]
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