Month: May 2014

Alta Vista Announces Financing

Alta Vista Ventures Ltd. wishes to announce a non-brokered private placement of up to 6,000,000 units at a price of $0.05 per unit to raise a total of up to $300,000. A unit will consist of one common share and one transferable common share purchase warrant valid for one year. Each warrant will entitle the holder to purchase one additional common share at a price of $0.075 for one year.

Mercator Minerals Reports First Quarter 2014 Results

Mercator Minerals Ltd today announced its financial and operating results for the three months ended March 31, 2014. For Q1 2014 the Company produced 16.2 million copper equivalent** pounds, comprised of 7.2 million pounds of copper in concentrates and copper cathode, 2.2 million pounds of molybdenum in concentrates and 89 thousand ounces of silver. For Q1 2014, the Company generated revenues of $41.3 million, incurred an operating loss of $12.8 million and a net loss of $2.4 million (loss of $0.01 per share, basic) or an adjusted net loss* of $16.8 million ($0.05 per share).

Pan American Silver’s Chairman Ross Beaty Receives Vale Medal from the Canadian Institute of Mining, Metallurgy and Petroleum

Pan American Silver Corp. is pleased to announce that its Chairman and founder, Ross Beaty, was honoured last night by being awarded the Vale Medal for Meritorious Contributions to Mining at the annual gala awards dinner of the Canadian Institute of Mining, Metallurgy and Petroleum held in conjunction with the CIM’s annual convention. Founded in 1898, the CIM is the leading technical society of professionals in the Canadian minerals, metals, materials and energy industries. The Vale Medal is awarded annually as a mark of distinction and recognition to a person who has made a meritorious and practical contribution of outstanding importance to the mining and metallurgical industry of Canada.

Scorpio Mining Reports First Quarter 2014

Scorpio Mining Corporation reports its financial and operating results for the first quarter ended March 31, 2014. This press release should be read in conjunction with the Company’s unaudited Financial Statements and Management’s Discussion and Analysis for the first quarter ended March 31, 2014, available on the Company’s website at www.scorpiomining.com and on SEDAR at www.sedar.com. All monetary figures are expressed in Canadian dollars unless otherwise specified.

McEwen Mining Announces Resignation of Ian Ball, President

McEwen Mining Inc. announces that it has received and accepted the resignation of Ian Ball, President. Mr. Ball is departing after 9 years with the Company in order to pursue new opportunities, however, he will continue to work with McEwen Mining to ensure an orderly transition.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.