Primero Mining today announced that the Company has closed the previously disclosed sale of the Cerro del Gallo development project, via the sale of all of the issued and outstanding shares of San Anton Resource, the indirect owner of the Project to Argonaut Gold. Primero has received total consideration of $15 million. The proceeds net of closing [...]
Primero Mining today announced that the Company has agreed in principle with its lenders to an extension of its revolving credit facility and guarantee provided by Wheaton Precious Metals, previously maturing on November 23, 2017. The maturity of the RCF will be extended to December 1, 2017, providing the Company with the ability to continue [...]
Primero Mining today announced that the Company has entered into an agreement with Argonaut Gold to sell its Cerro del Gallo development project located in the state of Guanajuato in central Mexico. Under the terms of the Agreement, Argonaut will acquire all of the issued and outstanding shares of San Anton Resource, the indirect owner of the [...]
Primero Mining today reported operating and financial results for the third quarter ended September 30, 2017. Highlights: Financial Results: The Company recognized a net loss of $7.6 million in Q3 2017 compared to a net loss of $11.7 million in Q3 2016. Adjusted net income1 was $1.8 million for Q3 2017, compared to adjusted net loss of $7.9 million [...]
Primero Mining announced today that it plans to release its third quarter 2017 operating and financial results before the market opens on Tuesday, November 14. A conference call will also be held on the same day at 10:00 am ET to discuss third quarter operating and financial results. Participants may join the call by dialing North America toll free [...]
Primero Mining today announces that the Company has closed the previously disclosed sale of the Black Fox mine and associated assets, located near Timmins to McEwen Mining. Primero will receive total consideration of $32.5 million following a closing net working capital adjustment of $2.5 million. This includes $27.5 million in cash proceeds and [...]
TORONTO, ON--(Marketwired - September 21, 2017) - (Please note that all dollar amounts in this news release are expressed in U.S. dollars unless otherwise indicated.) Primero Mining Corp. ("Primero" or the "Company") (TSX: P) today announces an update on recent activities at its operating mines, the San Dimas gold-silver mine located in Durango [...]
TORONTO, ON--(Marketwired - September 07, 2017) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) announced today that Mr. Ryan Snyder has been promoted to the role of Chief Financial Officer, effective September 15, 2017, and that Mr. Kevin Jennings has resigned to pursue other opportunities. Mr. Jennings will continue to advise the [...]
Primero Mining today announces that it has received formal notification from the New York Stock Exchange of its intention to initiate delisting procedures of the Company's common shares. The NYSE has determined that the Company is no longer suitable for listing based on "abnormally low" price levels, pursuant to Section 802.01D of the Listed [...]
TORONTO, ON--(Marketwired - August 10, 2017) - (Please note that all dollar amounts in this news release are expressed in U.S. dollars unless otherwise indicated. Refer to the Q2 2017 management's discussion and analysis ("MD&A") and financial statements for more information.) Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP [...]
TORONTO, ON--(Marketwired - August 10, 2017) - (Please note that all dollar amounts in this news release are expressed in U.S. dollars unless otherwise indicated.) Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) today announced that the Company has entered into an agreement (the "Agreement") with McEwen Mining Inc. (NYSE [...]
TORONTO, ON--(Marketwired - July 11, 2017) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announced today that it plans to release its second quarter 2017 operating and financial results before the market opens on Thursday, August 10, 2017. A conference call will also be held on the same day at 10:00 am ET to discuss [...]
