First Asset Morningstar Emerging Markets Composite T.EXM.A

GOOD (NEWS) FOR EXMIN SHAREHOLDERS

[tama7866]

For Immediate Release
April 9, 2008

EXMIN/AmMex JV Defines Targets and Plans Drilling at Cerro Gordo Project, Zacatecas, Mexico

[bryancj]

The presentation given by Hochschild at the European Gold Forum 2008 last week reveals that they estimate cash costs at $524/oz for 2008.Not bad! given current gold prices though  I do hope they work to reduce this even further. They have a good track record of doing so.Watch out for Q1 production figures on 16th April

[bryancj]

If Penoles are to hive their precious metals division into Fresnillo most likely EXMIN project/JV with Penole will transfer also. This new company will raise $900m in London to progress their silver projects including that with EXMIN. imho

[bryancj]

Hochschild release today - Looks like Moris is on target and Hochschild gold selling price achieved for the quarter was an average of $933:MORIS (1)