Alamos Gold Inc. today reported fourth quarter and annual 2013 production, achieving both its production and cost guidance for the year. The Company also provided 2014 production and operating guidance along with its global exploration and development budgets.
Formation Metals Inc. today announced that the Board of Directors of Formation has reached an agreement, effective January 15, 2014, with Mari-Ann Green, Scott Bending and William G. (Bill) Scales whereby these executives will relinquish their positions as CEO, President, and Executive Vice President, respectively and resign from the Board of Directors.
Scorpio Mining Corporation reports that production from the Nuestra Señora Operations totalled 492,832 silver equivalent ounces in the fourth quarter ended December 31, 2013, and 1,959,113 silver equivalent ounces for all of 2013.
Capstone Mining Corp. today provided its production and capital expenditure guidance for 2014 for two of its three operating mines, Cozamin and Minto, and its development and exploration projects. Capstone expects to produce 38,500 tonnes (±5%) of copper in concentrates from Cozamin and Minto, slightly higher than 2013 production of 37,500 tonnes.
Garibaldi Resources Corp. is pleased to provide an update on the first-ever diamond drilling program at its La Patilla Gold Property in Sinaloa State, Mexico, with the fifth hole of the shallow program currently in progress. Drilling started shortly before the Christmas break and resumed early this month.
Cangol Limited announces that it has signed a Letter of Intent whereby Cangold will be granted an option to acquire from Vista Gold Corp. up to a 100% interest (subject to certain underlying royalties) in the mining rights to the Guadalupe de los Reyes Project in Sinaloa, Mexico.
War Eagle Mining Company Inc. reports that it has completed the sale of the Tres Marias zinc-lead-germanium project in Chihuahua, Mexico to Contratista y Operaciones Mineras SA de CV, a Mexican mining company. Total consideration for the sale was US$5,000,000 cash which will be satisfied by (i) US$65,000 cash received on closing with the balance of US$2,435,000 in fixed periodic cash payments over three years and (ii) a 2% net smelter return royalty to a maximum of a further US$2,500,000 with (iii) a possible increase in the royalty to a maximum of up to US$3,300,000 depending on metal sales volumes and prices.
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.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
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.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
