Month: February 2015

Canadian Embassy Ignored Mining Abuses in Mexico: Report

MiningWatch is blaming diplomats at Canada’s embassy in Mexico for overlooking Toronto-based Excellon Resources Inc.’s efforts to avoid redressing a violated land-use contract and repression against a peaceful protest in 2012.

Mexichem Reports 2014 Fourth Quarter and Full Year 2014 Results

Mexichem, S.A.B. de C.V. today announced its unaudited results for the fourth quarter and Full Year ended December 31, 2014. The figures have been prepared in accordance with International Financial Reporting Standards having US dollars as the functional and reporting currency. All comparisons are made against the same period of the prior year, unless specified to the contrary.

Gold Resource Corporation Declares February Monthly Dividend

Gold Resource Corporation declares its monthly instituted dividend of $0.01 per common share for February 2015 payable on March 23, 2015 to shareholders of record as of March 11, 2015. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA.

Source Signs Drill Contract and Announces Drilling Program at Las Minas

SOURCE EXPLORATION CORP. announced today the signing of a diamond drilling contract for commencement of its 2015 drill campaign at the Las Minas property, Veracruz State, Mexico. Source has contracted with K.D.L. Mexico S.A de C.V. for a minimum of 2,000 metres of drilling, scheduled to get underway in early March.

Colibri Announces Annual and Special Meeting and Proposed Share Consolidation

Colibri Resource Corporation today announced that, at its Annual and Special Meeting of shareholders to be held on Friday, March 20, 2015, the Company will be seeking shareholder approval for a resolution authorizing the consolidation of its Common Shares on a basis of one post-consolidation Common Share for up to 15 pre-consolidation Common Shares. It will be proposed, that for each 15 Common Shares currently held by a Colibri shareholder….

Radius Gold provides update on proposed Change of Business

Radius Gold Inc. is pleased to provide an update on the status of its previously announced proposed change of business from a Mining Issuer to an Investment Issuer, as described in the Company’s press release of January 7, 2015.

Acquisition of Prospective Mariana Concessions Vastly Increases San Marco Resources’ Landholding in Northern Mexico

San Marco Resources Inc. has signed an agreement with Argonaut Gold Inc. to acquire 100% ownership of the Mariana property, a 73,902 hectare land package in the vicinity of the Company’s Cuatro de Mayo project in eastern Sonora State, Mexico. As a result, San Marco now owns or has optioned full ownership of approximately 93,000 hectares of highly prospective ground in the Sierra Madre Occidental Gold Belt and is one of the largest exploration landholders in the area.

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.