Month: July 2013

Concluyen huelga en minas de Slim

42 Mil 211 onzas de oro y 4 mil 234 onzas de plata fue la producción en el primer trimestre de 2013 del yacimiento de ‘El Coronel’ de la Minera Frisco, propiedad de Carlos Slim

Sierra Metals Announces Graduation to the TSX

Sierra Metals Inc. is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange and will commence trading on the TSX at the opening of market on July 8, 2013. Concurrent with the TSX listing, the Common Shares will be de-listed from the TSX Venture Exchange. The trading symbol of the Common Shares will continue to be “SMT”.

Candente Gold acquires the rights to mine tailings

Candente Gold Corp. said that its Mexican subsidiary, Minera CCM El Oro Jales S.A. de CV, has signed an agreement for the access and processing rights to historic gold and silver tailings deposits in the El Oro District of Mexico State, central Mexico.

El Tigre Silver Announces Reserves and Resources at El Tigre Property in Sonora Mexico

El Tigre Silver Corp. is pleased to announce the completion of the National Instrument 43-101 Preliminary Feasibility Study for the El Tigre Silver & Gold Project, Municipio De Nacozari De Garcia, Sonora, Mexico on the El Tigre silver and gold project in Sonora, Mexico prepared by Hard Rock Consulting. The PFS supersedes the “National Instrument 43-101 Technical Report, El Tigre Silver Property, Municipio De Nacozari De Garcia, Sonora, Mexico” prepared by Thomas R. Gibson, P. Geo and filed on SEDAR on October 28, 2011.

Osisko intercepts 68 metres averaging 1.26 g/t Au, 31.5 g/t Ag, 0.5% Cu at Cuervo

* Osisko has identified 6 main anomalies which are at or near drill stage, including the Milagro Anomaly, which has a 4 km x 1 km soil and lithogeochemical signature
* 114 targets remain to be reviewed
* 11,870 km2 of Au prospective geology has been covered with approximately 7,700 stream sediment samples as well as 2,800 rock and 3,800 soil samples
Geophysics completed over 320 km2
* Osisko presently controls 9,600 km2 of mineral rights in Mexico

Paga Ternium regalía minera de junio a indígenas de Aquila

Mediante una carta entregada a cada uno de los nahuas de la Comunidad Indígena de San Miguel de Aquila, la empresa Ternium les informó el cálculo de la regalía minera del mes de junio, y también les notificó que para efectuar el pago individual a cada comunero, la empresa remitió a Banca AFIRME el padrón oficial inscrito por la propia comunidad en el Registro Agrario Nacional, y de esta manera, desde el martes 2 del presente mes de julio los 401 indígenas beneficiados recibieron el depósito correspondiente en sus cuentas personales de la institución bancaria.

AuRico Gold Declares Quarterly Dividend

AuRico Gold Inc. today announced that its Board of Directors has declared the Company’s dividend payment of $0.04 per share for the second quarter ended June 30, 2013, payable on July 29, 2013 to shareholders of record at the close of business on July 15, 2013.

VVC Mailing Proxy Material

VVC Exploration Corporation is pleased to announce that with respect to VVC’s annual and special meeting of shareholders (AGM) to be held in Dorval, Quebec, on July 30, 2013, the proxy materials, comprising of the Notice and Information Circular booklet and the Form of Proxy, are being sent by mail to shareholders shortly. As such, registered shareholders should be receiving a proxy and non-registered shareholders should be receiving a voting instruction form. The Information Circular was filed on SEDAR.

Red Tiger Mining Reports Record Monthly Production at its Luz del Cobre Copper mine; Commercial Production Levels Reached

Red Tiger Mining Inc. today reports that for the month of June 2013, its Luz del Cobre Copper Mine produced 505 tonnes of COMEX Grade 1 copper, a monthly record since its start-up in May 2012. The Company is also pleased to confirm that as of July 1st, commercial production levels have been reached. The Company will begin reporting revenues and cost of sales on the income statement from July 1st onwards.

Lincoln Mining Receives $350,000 Loan

Lincoln Mining Corporation announces that further to its news release dated June 18, 2013, it has received an additional C$350,000, unsecured demand loan from Prairie Enterprises Inc. to fund Lincoln’s current working capital requirements. PE is owned and controlled by Edward Yurkowski, who is a director of the Company.

Highvista Gold Inc. Completes $963,000 Financing and Enters Into Option and Joint Venture Agreement

Highvista Gold Inc. is pleased to report that it closed a non-brokered private placement financing for gross proceeds of $963,000 through the issuance of 4,815,000 units of the Company to AuRico Gold Inc. at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant, each whole Warrant entitling AuRico Gold to purchase one common share at an exercise price of $0.25 per share until June 28, 2015. The securities comprising the Units are subject to a statutory hold period that will expire on October 29, 2013.

Payment of CDN$14.85 million Received in Court Litigation

First Majestic Silver Corp. is pleased to announce that further to its news release on April 26, 2013, the Company has received payment in the amount of CDN$14.85 million as partial payment of the judgment of US$93.84 million granted in favour of First Majestic against Hector Davila Santos and Minerales y Minas Mexicana, S.A. de C.V. Judgment was initially awarded in the amount of US$86.9 million but was subsequently increased to US$93.84 million to correct an error in the prior assessment. The monies received on June 28th were previously held in a trust account of Hector Davila’s Vancouver lawyers.

Cayden acquires 36,700 hectares around El Barqueño

Cayden Resources Inc. is pleased to announce that it has acquired the 100% interest or the option to earn a 100% interest in two concessions totaling 36,700 hectares around the company’s El Barqueño concession.

Yamana Gold to Cancel Listing in London on July 30

Yamana Gold Inc. (YRI.T), said Tuesday that it has requested the U.K Listing Authority to cancel the listing of the Company’s common shares of no par value on the U.K. Official List and to cancel the admission of the Common Shares to trading on the London Stock Exchange’s main market for listed securities.

Mexus-Trinidad J.V.

President Paul Thompson states that its reorganization is being completed with the hiring of expert help in the different areas needed to operate the mine efficiently and profitably. To help with the matter, Mr. Thompson is scheduled to meet with a group or professional individuals representing various mining companies and other mine related industries 7/3-7/7/2013 in Phoenix, AZ.

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