Month: February 2014

Firman acuerdo Ferromex y Ternium en industria minero-metalúrgica

Ciudad de México.- Con el objetivo de incrementar el movimiento de carga de los productos generados por la industria minero-metalúrgica, la acerera Ternium, uno de los mayores grupos minero-metalúrgicos del mundo, llegó a un convenio a largo plazo para la transportación de sus insumos y producción a través de Ferromex.

Buenaventura Announces Fourth Quarter and Full Year 2013 Results

Compañia de Minas Buenaventura S.A.A., Peru’s largest publicly-traded precious metals mining company, announced today results for the fourth quarter 2013 and full year periods, ended December 31, 2013. All figures have been prepared in accordance with IFRS (International Financial Reporting Standards), on a non GAAP basis and stated in U.S. dollars.

Orex Announces Up to $5 Million Private Placement

Orex Minerals Inc. is pleased to announce that it has entered into an agreement with M Partners Inc. to act as lead Agent in respect of a best efforts private placement offering of up to 20,000,000 units of the Company at a price of $0.25 per Unit for gross proceeds of up to $5,000,000. Each Unit will consist of one common share and one half of a common share purchase warrant. Each whole Warrant will be exercisable for one common share of the Company at $0.30 for a period of 24 months from closing.

Primero and Brigus Announce Shareholders Vote in Favour of Acquisition of Brigus

Primero Mining Corp. and Brigus Gold Corp. are pleased to announce the positive results of their respective shareholder votes to approve the previously announced plan of arrangement whereby Primero will acquire all of the outstanding common shares of Brigus. The acquisition is expected to close on March 5, 2014. Brigus’ principal assets are the wholly owned Black Fox mine and mill, and adjoining properties, Grey Fox and Pike River in the Timmins Gold District of Ontario, Canada.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.