Shining Gems in the Mining Industry
Top Stories for Feb. 27, 2024:
1. Coeur Mining Inc. arranged a private placement of 7,704,725 flow-through common shares of approximately $25 million (C$34 million).
The funds will fuel exploration on its Silvertip Property in British Columbia, unearthing silver, lead, and zinc treasures.
2. Solitario Resources Corp. discovered a new high-grade gold deposit named Wild Rose in South Dakota.
President Chris Herald expressed excitement about the potential of the four-kilometer-long gold-rich area.
3. Hecla Mining Company welcomed Mark P. Board to its board as a Director, enhancing its leadership team.
Bright Prospects for Shareholders
Steel Dynamics, Inc. announced an 8% increase in its first-quarter cash dividend to 46 cents per share, highlighting confidence in future cash flow.
Chairman Mark D. Millett emphasized the company’s robust financial position and commitment to strong dividends.
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