Fortuna Silver Mines Inc. announces production figures for the third quarter of 2012 from its two 100% owned operating underground mines in Latin America, the San Jose mine in Mexico and the Caylloma mine in Peru.
Golden Goliath Resources (CVE:GNG) not only owns assets in an area offering significant potential, but it is also led by a CEO with extensive knowledge of Mexico’s Uruachic mining district and has some high-profile shareholders.
The Ejido La Sierrita has presented a complaint to the Federal Prosecutor of Environmental Protection against Canadian mining company Excellon Resources Inc. The company operates the La Platosa mine in Mapimí, Durango, Mexico.
Shares in AuRico Gold Inc. are soaring today, up more than 15 per cent on the TSX, as investors cheer the companys decision to sell off a troubled Mexican gold mine to a company owned by Carlos Slim, one of the worlds richest men.
Pacific Comox Resources Ltd. reports that Cesar Lemas, the Companys Manager of operations in Mexico, and Vice-President of Development, has been appointed to the Board of Directors.
SilverCrest Mines Friday said it will raise $30 million through the sale of 11.8 million shares at $2.55 each to a syndicate of underwriters led by Dundee Securities and including Canaccord Genuity Corp.
Oremex Silver Inc. announced that on October 9, 2012 it closed the convertible debenture portion of the non-brokered private placement previously disclosed by the Company on September 7, 2012. The Debenture Private Placement raised gross proceeds of $727,500 through the issue of 72.75 units of the Company, each Debenture Unit consisting of $10,000 principal amount of convertible debentures of the Company and 100,000 common share purchase warrants (“Warrants”), at a purchase price of $10,000 per Debenture Unit. Each Warrant is exercisable into one common share of the Company at a price of $0.10 per Share, expiring in five years from the date of issue.
Garibaldi Resources Corp. is pleased to announce that it has acquired an option to purchase a 100% interest in the Marco 1 (330 hectares) and Marco 2 (150 hectares) concessions, contiguous to the Company’s Locust drill target at its Tonichi project, Sonora State, Mexico.
Kinross Gold Corp. said that Executive Vice-President and Chief Financial Officer, Paul Barry, would depart in order to pursue other interests. While the company is in search for a suitable replacement, Barry would stay in his role until a new chief financial officer is named and would assist the new CFO during an agreed transition period.
GREAT PANTHER SILVER LIMITED reports third quarter production results from its two wholly-owned Mexican silver mining operations, Guanajuato and Topia.
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