Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
International Minerals Reports Production Results From Pallancata Mine for Quarter Ended December 31, 2012 and Full Calendar Year 2012

SCOTTSDALE, AZ -- (Marketwire) -- 01/29/13 -- International Minerals Corporation (TSX: IMZ) (SWISS: IMZ) (the "Company" or "IMZ") announces production results from its 40%-owned Pallancata silver mine in Peru (Hochschild 60%-owned and operator) for its fiscal 2013 second quarter ended December 31, 2012 ("Current Quarter") and for the calendar 12-month period ended December 31, 2012 ("Calendar Year 2012").

In the Current Quarter, the Pallancata Mine produced (on a 100% basis) approximately 1.9 million ounces of silver (2011: 2.3 million ounces) and 7,402 ounces of gold (2011: 8,304 ounces). The Company's 40% share of production for the Current Quarter was approximately 0.8 million ounces of silver (2011: 0.9 million ounces) and 2,961 ounces of gold (2011: 3,322 ounces).

For Calendar Year 2012, the Pallancata Mine produced (on a 100% basis) approximately 7.4 million ounces of silver (8.8 million ounces in Calendar Year 2011) and 26,231 ounces of gold (33,881 ounces in Calendar Year 2011). The Company's 40% share of production for Calendar 2012 was approximately 3.0 million ounces of silver (3.5 million ounces in 2011) and 10,492 ounces of gold (13,553 ounces in 2011).

The decreases in gold and silver production for both the Current Quarter and Calendar Year 2012 compared to the respective previous periods are due primarily to a decrease in the grades of both silver and gold processed because (a) the mine experienced an increase in mining dilution due to the narrower veins being mined, and (b) the mine encountered production scheduling constraints which restricted mine development and backfill placement. These issues are currently being addressed by the mine operator.

IMZ anticipates that production from the Pallancata Mine for Calendar Year 2013 will be similar to 2012 at approximately 7.4 million ounces of silver and 26,000 ounces of gold, with approximately 3.0 million ounces of silver and 10,400 ounces of gold representing IMZ's 40% share of anticipated 2013 production.

Operating Statistics for the Pallancata Mine (100% basis and IMZ 40% basis).

The Table below reports key production statistics for the Pallancata Mine for the Current Quarter (ended December 31, 2012) and Calendar Year 2012 (12 months ended December 31, 2012), together with the respective previous periods.


----------------------------------------------------------------------------
                                  Quarter    Quarter      Year       Year
                                    Ended      Ended      Ended      Ended
                                 12/31/2012 12/31/2011 12/31/2012 12/31/2011
----------------------------------------------------------------------------
                                 100 % Basis
----------------------------------------------------------------------------
Ore mined (tonnes)                  301,894    291,607  1,059,329  1,039,674
----------------------------------------------------------------------------
Ore processed (tonnes)              288,858    293,060  1,094,250  1,070,466
----------------------------------------------------------------------------
Head grade- Silver (grams/tonne)        255        293        256        301
----------------------------------------------------------------------------
Head grade- Gold (grams/tonne)          1.1        1.3        1.1        1.3
----------------------------------------------------------------------------
Silver production (ounces)        1,941,821  2,288,930  7,440,604  8,767,394
----------------------------------------------------------------------------
Gold production (ounces)              7,402      8,304     26,231     33,881
----------------------------------------------------------------------------
                                IMZ 40% Basis
----------------------------------------------------------------------------
Silver production (ounces)          776,728    915,572  2,976,242  3,506,958
----------------------------------------------------------------------------
Gold production (ounces)              2,961      3,322     10,492     13,553
----------------------------------------------------------------------------

Note:
1. The reported head grades for silver and gold are based on the overall metallurgical balance for the process plant.

Production costs for both the Current Quarter and Calendar Year 2012 will be provided in a Company news release to be issued after the close of markets on February 14, 2013, together with disclosure of the financial results for the Current Quarter.

With respect to the financial results for the Current Quarter, as a result of lower income from Pallancata and a further write-down of approximately US$14.5 million in the carrying value of the Ecuador assets (see the Company's November 21, 2012 news release), the Company expects to report a net loss for the Current Quarter. This loss remains to be fully quantified but at this time it is anticipated to be in the US$9 million to $10 million range, compared to net income after tax of US$11.1 million for the quarter ended December 31, 2011. Net income after tax for the fiscal 6-month period ended December 31, 2012 is expected to be close to break-even compared to net income after tax of US$26.3 million for the fiscal 6-month period ended December 31, 2011.

Ecuador Update

IMZ has entered into preliminary agreements for the sale of the properties in Ecuador. Both IMZ and the respective buyers are working closely with the Government of Ecuador to obtain the required government approvals in order to finalize these transactions. Further details will be provided when the required approvals are obtained.

Inmaculada Project Update

At the Company's 40%-owned Inmaculada gold-silver project in Peru (Hochschild 60%-owned and operator), a loan arrangement on favorable terms with a syndicate of Peruvian banks is currently being negotiated by Minera Suyamarca S.A.C. (the company jointly owned by the Company and Hochschild) to finance part of the capital costs for Inmaculada. The amount and terms of this loan are expected to be finalized with the banks by the end of March 2013 and will be announced to the market at that time. It is anticipated that Inmaculada will commence production in the second half of 2014 (See IMZ new release dated November 26, 2012 for more details).

The technical disclosure in this news release has been reviewed by IMZ's Qualified Person, Nick Appleyard, VP Corporate Development.

Hochschild Mining plc does not accept any responsibility for the adequacy or inadequacy of the disclosure made in this news release and any such responsibility is hereby disclaimed in all respects.

Cautionary Statement:

Forward-looking statements in this release include statements regarding risks related to: mine production expectations; timing of construction and production of projects; financing of capital projects; estimates of financial results; and completion of the sale of the Rio Blanco and Gaby properties. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: mining, production and processing risks; risks relating to obtaining construction and mining permits; risks related to financing capital projects; risks associated with estimating financial results; for the Rio Blanco and Gaby properties in Ecuador - risks of obtaining government approvals and the uncertainty in estimating and then receiving their fair market value; and other risks and uncertainties detailed in the Company's Annual Information Form for the year ended June 30, 2012, which is available at www.sedar.com under the Company's name. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For additional information, contact:

In North America:
Paul Durham
VP Corporate Relations
Tel: +1 480 483 9932

In Europe:
Oliver Holzer
Marketing Consultant
+41 44 853 00 47

Renmark Financial Communications:
Christine Stewart
+1-416-644-2020
or
Robert Thaemitz
Tel +1-514-939-3989

Or send an email to: Email Contact
Internet Site: http://www.intlminerals.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

SOA World Latest Stories
This report details findings from Forrester Research, Inc. about how the nine most significant solution providers for privileged identity management meet the 18-criteria evaluation and where they stand in relation to each other to help security and risk (S&R) professionals select the r...
So what does real-time mean anyway? An example is, what are referred to as, “hard-real-time systems” [2], where computation must meet stringent timing constraints and one must guarantee that those computations must be completed before specified deadlines. Failure to do so can lead to i...
In this report Enterprise Management Associates (EMA) analysts explore the ways in which gaining visibility and control over high-privilege access helps organizations achieve regulatory compliance, assure responsible governance, and improve security all while reducing IT operational co...
APIs came about to help companies create and manage their digital ecosystem, enabling them not only to reach more customers through more devices, but also create a large supporting ecosystem of developers and partners. While Facebook, Twitter and Netflix were the early adopters of APIs...
Big Switch Networks and Dell on Thursday announced a strategic agreement that will bring state of the art SDN solutions to an increasingly broad audience. Dell will resell the Big Switch Big Tap application, as well as the Switch Light Operating System, running on Dell's high performan...
Need to scale your data tier? The foundation of every application is the database layer, and today application architects have more choices than ever. With these choices come new questions: Which database technology is best for your application? How can your application take advantage ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE