Month: November 2013

Construirá Aqwise planta a AHMSA

Minera del Norte S.A. de C.V., (Minosa), filial de Altos Hornos de México, suscribió un acuerdo con la israelí Aqwise para la construcción de una planta de tratamiento de aguas residuales para su Unidad Cerro de Mercado, productora de mineral de fierro localizada en la ciudad de Durango.

Newstrike Capital Inc. : Announces Adoption of Advance Notice Policy

Newstrike Capital Inc. announces the approval and adoption by its Board of Directors of an advance notice policy. The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors of the Company. The Company is committed to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation. The Policy is intended to further these objectives.

First Quantum Minerals Strongly Disputes Allegations of Default Under Inmet Notes

First Quantum Minerals Ltd. today announced that its wholly-owned subsidiary FQM (Akubra) Inc. has received a notice purporting to call a default from a limited number of noteholders holding notes originally issued by Inmet Mining Corporation, including CI Investments, Barometer Capital and funds managed by Capital Group. First Quantum strongly disputes that any default has occurred.

Gold Resource Corporation Declares November Monthly Dividend

Gold Resource Corporation declares its monthly instituted dividend of $0.03 per common share for November 2013 payable on December 23, 2013 to shareholders of record as of December 11, 2013. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico.

Camino Minerals Corporation Grants Stock Options; Corporate Update

Camino Minerals Corporation reports that it has granted 2,520,000 incentive stock options to directors, officers, employees and consultants of the Company. The stock options are exercisable for a period of five years at an exercise price of $0.07 per share. The options were granted under and are subject to the terms and conditions of the Company’s Stock Option Plan.

Comunicado de Prensa para Presentación del Libro Gambusinos y Mineros Mexicanos

El autor Isidro Hernández Pompa, gracias a su experiencia profesional como perito minero y como empresario minero durante más de 45 años, e inspirado en compartir sus conocimientos sobre las tradiciones y la admirable valentía de los gambusinos y mineros de México, ha publicado su libro Gambusinos y mineros mexicanos, una narración sintetizada de los mineros y la industria minera mexicana.

FMEC Funds $250,000 Option Payment and Commences Second Phase Drill Program at Cerro Las Minitas

Southern Silver Exploration Corp. reported today that Freeport-McMoRan Exploration Corporation has provided to Southern Silver $250,000 which was utilized to pay the November, 2013 periodic option payment to the optionor of the Cerro Las Minitas mineral concessions in Durango State, Mexico. To date $2.5 million has been paid from funds provided by Southern Silver and FMEC towards a total purchase price of $4 million with the balance payable as follows:

Oremex Silver Responds to Concept Capital Statement and Confirms Annual General Meeting to Proceed as Planned

Oremex Silver wishes to respond to the press release issued today by Concept Capital Management. The meeting and consequent actions indicated in the CCM press release have no legal force or effect. The Company has duly convened its Annual General Meeting of shareholders to be held at 10:00 am on Tuesday, December 31, 2013 at Wildeboer Dellelce Place , 365 Bay St. , Suite 800, Toronto, Ontario .

Scorpio Gold Reports Financial Results for Third Quarter of 2013

Scorpio Gold Corporation is pleased to announce its financial results for the third quarter ended September 30, 2013. This press release should be read in conjunction with the Company’s Management Discussion & Analysis and the condensed consolidated interim financial statements for Q3, available on the Company’s website at www.scorpiogold.com and under the Company’s name on SEDAR at www.sedar.com. All monetary amounts are expressed in US dollars. Comparative numbers disclosed were restated following the adoption of the new IFRS standard, IFRIC 20, Stripping costs in the production phase of a surface mine. See note 3 a) of the Q3 condensed consolidated interim financial statements for more information on the effects of IFRIC 20.

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.

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