The world’s top steel producer ArcelorMittal said Wednesday it had plunged into the red last year with a net loss of US$3.72 billion, largely due to previously announced writedowns and restructuring costs, but that it expected an improvement in 2013.
Azure Minerals (ASX: AZS) has been awarded a 100% interest in the Loreto Copper Project in the highly prospective Baja California Sur by the Mexican Government.
Orex Minerals Inc. announce that further to their joint news release of October 15, 2012 and subsequent news releases, on February 5, 2013, the Supreme Court of British Columbia granted its final order approving the acquisition of all the issued and outstanding common shares of Astral by Orex by way of a plan of arrangement. At Astral’s annual general and special meeting held on January 31, 2013, shareholders of Astral approved the Arrangement.
Tarsis Resources Ltd. is pleased to announce it has optioned its Erika property, located in southern Mexico, to Osisko Mining Corporation. The Option and Joint Venture Letter Agreement grants Osisko the right to earn up to a 75% interest by funding exploration and development of the property and making cash payments to Tarsis. Key terms of the Agreement are as follows:
Bandera Gold Ltd. has released a summary of an independent report regarding a special site visit to the Company’s Cinco Minas mining property on December 15-16, 2012, in Jalisco, Mexico. The site visit was documented with video and photo evidence demonstrating that the mine site has been non-operational for the past several years.
Great Panther Silver Ltd. is pleased to announce that underground drilling programs at the Company’s wholly owned Guanajuato Mine Complex have been successful in intersecting high grade silver-gold mineralization in the historic Valenciana Mine area and discovering two new zones of silver-gold mineralization in the Guanajuatito Mine area.
Corex Gold Corp. is pleased to announce that it has finalized the Agreement with a wholly-owned subsidiary of Vale S.A., wherein Vale may acquire up to a 65% interest in the Company’s Santana Project by making work expenditures of $16,000,000. The objective of this alliance is to further develop the copper-gold porphyry target on the Santana Project, in Sonora State, Mexico.
Tara Minerals Corp. is pleased to report that work has begun towards the implementation of the Don Roman Mine & Mill Production Plan. Geological work, including the continuation of surveys, detailed mapping, sampling and start-up mine location work, is being managed by Steve Eady, Chief Geologist. The mill site upgrade work has also begun and includes water well sourcing, process circuit optimization, maintenance and refurbishment of equipment, and the installation of additional staff housing/offices. Tom Claridge, Senior Mining and Plant Engineer, will manage all mill site work.
Ironwood Gold Corp. in the execution of its business plan to develop a high quality portfolio of exploration properties containing known deposits of gold is pleased to announce that it has signed a definitive Option Agreement with Canadian Mining Company Inc. to acquire 100% of CMC’s Raquel 3 and 3B mining concessions in the Alamos Mining district of Sonora, Mexico. The Option was granted by Canadian Mining through its wholly-owned Mexican subsidiary Canmin Mexico S.A. de C.V.
La Secretaría de Medio Ambiente y Recursos Naturales (Semarnat) rechazó el Informe Preventivo presentado por la Compañía Minera Autlán S.A. de C.V. sobre la petición para autorizar labores de exploración de yacimientos de metales en el municipio de Tlatlauquitepec.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
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The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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