Pan American 1Q Profit Drops On Minefinders Takeover, Dolores Mine Will Boost Production in 2012
Forbes Wednesday 16th May, 2012
- Pan American Silver Corp.'s (TSX: PAA;)(NASDAQ: PAAS) first-quarter profit took a hit with its acquisition of Minefinders Corp. Ltd. on March 30 but the company expects the Dolores mine, which belonged to Minefinders, will sweeten the deal by year's end. Quarterly profit dropped 46% in the first quarter to $50.2 million, or 47 cents per share, compared to the same period last year. The Minefinders acquisition played into the drop in profit as ...
Comments
More United States News
RSS-
NSA director defends e-snooping claiming it helped foil 50 terror attacks foiled
WASHINGTON - The controversial US snooping of foreign emails and telephone calls has prevented more than 50 potential terrorist attacks in at least 20 countries, the director of the National Security Agency (NSA) has said in defending the surveillance programme. The targets include the New York Stock Exchange and other important installations across the world, General Keith Alexander said ...
-
Miss USA 2013 contestants too skinny says ex pageant winners
Several former Miss USA and Miss America competitors have admitted that the bikini bodies of the contestants in the Miss USA 2013 competition are way too skinny. While talking to the HuffPost Live, Miss America 2008 Kirsten Haglund said that in her opinion, the girls were much too thin, but that's the standard in the modeling industry and the fashion industry, Us magazine reported. Miss USA ...
-
S. Korea to provide 500 mln USD in loans to Myanmar in 5 years
Beijing, June 20 (Xinhua-ANI): South Korea has agreed to provide 500 million U.S. dollars in loans to Myanmar from 2013 to 2017, which will be from its Economic Development Cooperation Funds, official media reported Thursday. The announcement was made at a joint committee meeting on economic cooperation between Myanmar and South Korea co-chaired by visiting Korean Deputy Prime Minister and ...
-
U.S. moves to calm Karzais anger over Taliban peace talks plan
The United States is trying to save a plan to open peace talks with the Taliban amid a diplomatic row between Washington and the Afghan President Hamid Karzai over how the process was announced. Repeated phone calls by US Secretary of State John Kerry have not mollified Karzai, who accused the Obama administration of duplicity. Irritated by a press conference in Qatar at which the Taliban ...
-
Award winning healthcare economist Dr. Hariawala to give talk on business implications on Indian healthcare system
Mumbai, June 20 (ANI-Business Wire India): Noted healthcare economist and award Winning Indian American Surgeon Dr. Mukesh Hariawala will deliver an important keynote address at the fourth Annual India Leadership Conclave and Indian Affairs Business Leadership Awards 2013. The event is being organised by Asia's most analytical news media Indian Affairs in association with the Ministry of ...
-
India-U.S. share strong commitment for peace in Afghanistan John Kerry
U.S. Secretary of State John Kerry on Thursday said that Washington and New Delhi share a strong commitment for peace in Afghanistan. "We are going to talk about our shared interests and enhancing economic integration in the region, our commitment to a secure, stable and prosperous Afghanistan and our support for India's regional leadership. This is a critical, ongoing conversation between the ...
-
FBI foils plot to kill Obama with X-ray weapon
The FBI has reportedly foiled a plot to kill US president Barack Obama with a deadly X-ray weapon. The X-ray system was designed to emit deadly amounts of radiation and could be detonated remotely, ABC News reports. According to the report, Glendon Scott Crawford and Eric J. Feight constructed the weapon of mass destruction to kill Obama and blamed him for the Boston bombings. Crawford blamed ...
-
FBI admits using aerial drones for surveillance over US
The Federal Bureau of Investigation (FBI) has admitted that it used aerial surveillance drones over the US soil to aid investigations. FBI director, Robert Mueller said that the agency used the drones 'seldom' and in a very 'minimal way', the Guardian reports. The potential for increased use of aerial surveillance drones over US or over nations with US citizens has sparked debates about ...
-
Madonna emulates screen legend Marlene Dietrich in black tux
Madonna transformed herself into 1920's German-American star Marlene Dietrich by sporting a black tuxedo and top hat at Paris Theatre in New York for the screening of 'Madonna: The MDNA Tour.' The 52-year-old singer's outfit consisting of black suit with a white shirt, tie and vest with a white rose buttonhole, and bright red lipstick bore a striking resemblance to a tailcoat that Dietrich wore ...
-
US condemns attack on UN office in Somalia
White House Wednesday strongly condemned the "despicable" attack on the UN office in Somalia. "Today's attack highlights the repugnant terrorist tactics al- Shabaab continues to use to stand in the way of efforts to ease the suffering of the Somali people," reported Xinhua citing White House National Security Council Spokesperson Caitlin Hayden in a statement. he statement came after suicide ...
-
US Congressional Human-Rights Panel Condemns Sudan
CAPITOL HILL Members of a U.S. Congressional human-rights panel are calling on Sudan to stop alleged state-sponsored violence and abuses against civilians. The government is fighting rebel movements in the western Darfur region and two southern states, and stands accused of a long string of rights violations, including alleged "scorched earth" tactics against villages in Blue Nile State. At a ...
-
American Medical Association Obesity is a Disease
The largest U.S. doctors' group said obesity is a disease. The decision, announced this week by the American Medical Association at its annual meeting, could lead to increased funding for obesity research and help people obtain insurance coverage for treatment for obesity. The AMA said obesity requires a range of medical interventions for treatment and prevention. Most insurance companies ...
-
US Cervical Cancer Vaccines Cut Rates of HPV Infections
CHICAGO The U.S. introduction of a vaccine to prevent cervical cancer in 2006 has reduced infections with the human papillomavirus or HPV - the sexually-transmitted virus that causes the disease - by more than half among girls and young women, U.S. health officials said on Wednesday. The results were better than expected and may even suggest that unvaccinated individuals are benefiting ...
-
Obama proposes further US Russian nuclear arms cut
US President Barack Obama, currently on an official visit to Berlin, Wednesday proposed plans for America and Russia to further cut their strategic nuclear warheads. During a speech at the Brandenburg Gate in Berlin, Obama renewed his call to reduce the world's nuclear stockpiles, and said the US would ultimately strive toward eliminating nuclear weapons, Xinhua reported. "After a ...
-
US women in all combat units by 2016 Pentagon
American women will be fully integrated into frontline and special combat roles, including elite forces such as Army Rangers and Navy SEALs, by January 2016, the Pentagon has said. More than 200,000 women are in the active-duty military, representing about 14.5 percent of the overall force, according to Pentagon figures. Most serve in the army. While air force, army, navy, Marine and special ...
-
Obama refuses to specify US support for Syrian rebels
US President Barack Obama, currently on a visit to Berlin, Wednesday refused to specify what military support America was providing rebels in Syria. Obama, however, reiterated that the Syrian government forces had used chemical weapons in the civil war, Xinhua reported. "I cannot and will not comment on specifics on our programmes related to the Syrian opposition," Obama said at a press ...
-
Afghans break off talks with US on security deal
The Afghan government Wednesday said it has suspended talks with the US on the proposed security agreement, saying America has a contradictory stance over the peace process in the country. "The ongoing fourth round of talks between Afghanistan and the US on the security agreement is suspended. The decision was taken because of US inconsistency in statements and actions in regard to the Afghan ...
-
Afghanistan calls off talks with U.S. on security agreement
Kabul, June 19 (Xinhua-ANI): The Afghan government on Wednesday announced that it suspended talks with the United States on the proposed security agreement, saying the United States had contradictory stance over the peace process in Afghanistan, local media reported. "The ongoing fourth round of talks between Afghanistan and the United States on the security agreement is suspended. The decision ...
-
Analysts Assess Impact of Military Attack on Iran
The United States and the European Union believe Iran is seeking to develop nuclear weapons, but Tehran says its program is for peaceful, civilian purposes. The international community has been trying for years to persuade Iran to end its uranium-enrichment program, but to no avail. Low-enriched uranium can be used for civilian nuclear-power plants, but highly enriched uranium is an ...
-
With Russian Help Europe Prepares to Search for Life on Mars
PARIS The European Space Agency signed final contracts with Thales Alenia Space Italy for work on a pair of missions to assess if the planet Mars has or ever had life, officials said at the Paris Airshow this week. Until last year, the ExoMars program was a joint project between ESA and the U.S. space agency NASA. But NASA dropped out, citing budget problems. The Russian space ...
-
Feds take control of elk herd at Chesterfield military facility
The elk roam the grounds of Defense Supply Center Richmond, which was established after the Department of Defense bought the property from the Bellwood family in 1941. The Defense Logistics Agency says in a news release that the Army officer who negotiated the deal told the family the government would care for the 11 elk on the property. Since then, Defense Supply Center employees have supported ...
-
EPIC RANT “They Take a Press Release from the Federal Reserve and They Think It Was Written by God”
SHTFPlan.com June 20, 2013 If there's one thing that individual investors can take away from Ben Bernanke's latest Fed update, it's that all confidence in the financial and economic systems of this country has been lost. Within seconds of Ben Bernanke suggesting the Fed would taper monetary expansion and reduce their activity stock markets tumbled. This proves one thing, and ...
News from around our Network
Comments
No comments yet for this story
Have your say