CORAL SPRINGS, Florida, March 4, 2014 /PRNewswire/ --

Market updates for precious metals industry for sector Mining Leaders: DNA Precious Metals Inc. (OTC: DNAP), Gold Fields Ltd. (NYSE: GFI), Yamana Gold, Inc. (NYSE: AUY), Kinross Gold Corporation (NYSE: KGC) and Goldcorp Inc. (NYSE: GG).

DNA Precious Metals Inc. (OTCQB: DNAP) annouced today that the Company has acquired an undivided one hundred percent (100%) interest of the St. Anne Mining Claims located in Notre-Dame-de-Montauban, Quebec, Canada.  The 50 contiguous claims ("Mineral Claims") totalize an approximate surface of 1164 hectares.  These 50 mining claims are contiguous to DNA's mining claims covering an area of approximately 340 hectares on the Montauban Mine Property, and are described as St. Anne Claims in the Property Map on the DNA Website http://www.dnapreciousmetals.com/maps.  DNA Precious Metals Inc. has fulfilled its contractual obligations under the Asset Purchase Agreement and paid for the benefit of the Vendors cash and common shares of DNA Precious Metals Inc., representing a value of approximately $400,000 as of the date of this Release.

To read the full press release, please click here: http://www.fnmprofiles.com/profiles-dnap.html 

This acquisition solidifies DNA Precious Metal's Montauban Mine Property bundle, while expanding exploration and mining potential.  Reported historical past production from the Montauban Mine Property includes 150,000 ounces of gold, and 7,000,000 ounces of silver as well as 109,000 metric tons of zinc and 37,000 metric tons of lead.  

Gold Fields Ltd. (NYSE: GFI) recently announced its Mineral Reserve and Mineral Resource declaration as at 31 December 2013 . Gold Fields' managed gold Mineral Resources totalled 136.7 million ounces ( December 2012 : 149.3 million ounces) and Mineral Reserves 52.6 million ounces ( December 2012 : 59.4 million ounces). The decline in the Group's Mineral Reserves is mainly attributable to a US$1,300 /oz gold price used compared with the US$1,500 /oz gold price used in the December 2012 declaration. Other than price impacts, mining depletion of 2.3 million ounces was the main contributor to the change in Mineral Reserves.

Yamana Gold, Inc. (NYSE: AUY) declares its first quarter 2014 dividend of $0.0375 per share. This represents an annualized dividend of $0.15 per share. Shareholders of record at the close of business on March 31, 2014 will be entitled to receive payment of this dividend on April 14, 2014. The dividend is an "eligible dividend" for Canadian tax purposes. The Company is committed to the sustainability of dividends which are, in part, determined by margins achieved, current and future cash flows and the expectation that margins and cash flow are sustainable in current or future metal price environments. The rapid change in metal prices the past year has significantly compressed margins not withstanding mostly successful efforts to reduce costs.

Kinross Gold Corporation (NYSE: KGC) announced that it has priced an offering of debt securities consisting of US$500 million principal amount of its 5.95% Senior Notes, due 2024. The notes will be unsecured, senior obligations of Kinross and will be wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. The offering is expected to close on March 6, 2014. Kinross intends to use the net proceeds to repay a portion of its term loan, which is due August 2017.

Goldcorp Inc. (NYSE: GG) announced that it has secured a bond in the amount of $40.1 million to cover 100% of the closure obligation related to its Éléonore mine site in northern Quebec.  The announcement was made at the Prospectors and Developers Association of Canada annual conference in Toronto at an event hosted by the Minister of Natural Resources of Quebec, Mrs. Martine Ouellet.

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