Month: April 2015

Mineras ¿Impunidad con el Permiso del Estado?

En el país existen al menos 36 conflictos mineros, la mayoría relacionados con casos de contaminación, daño a las comunidades y despojos a los pobladores donde se ubican estas zonas generadoras de una riqueza; de todos estos casos, al menos 70 por ciento son de compañías extranjeras…

Agnico Eagle Reports First Quarter 2015 Operating and Financial Results

“The year is off to a good start with continued strong operating performance from all of our mines. This performance coupled with lower fuel prices and weaker local currencies, has also resulted in better than expected operating costs”, said Sean Boyd , Chief Executive Officer. “This year is also shaping up to be an exciting time on the exploration front, as we have drills operating at most of our mines and development projects. Drilling at Kittila has potentially outlined a new zone parallel to the main mineralized trend, and infill drilling is underway at Amaruq, with initial results suggesting good potential to expand the resource base and ultimately enhance our Nunavut platform”, added Mr. Boyd

New Gold Announces Results of Vote for Election of Board of Directors

New Gold Inc. today announces the voting results from the election of its Board of Directors at New Gold’s Annual and Special Meeting of Shareholders held on April 29, 2015 in Toronto, Ontario. The director nominees listed in the Management Information Circular dated March 17, 2015 were elected as directors of New Gold at the Meeting. Detailed results of the vote are set out below.

Baja Corporate Update — Boleo Project Update and MMB Cash Call

Baja has been advised by KORES and MMB of further delays to the copper production ramp-up and normalization that had been scheduled to take place during 2015, and the start-up and commissioning of the cobalt-zinc circuits previously targeted to commence in March 2015.

Goldcorp Reports First Quarter Results; Annual Guidance Reconfirmed

“We are pleased to begin 2015 with strong cash flow performance,” said Chuck Jeannes, Goldcorp President and Chief Executive Officer. “Our primary focus in 2015 is on safely executing our plans and forecasts. Delivering on those expectations, coupled with significantly lower capital spending compared to prior years, positions Goldcorp for a sustained period of strong cash flow. This financial strength provides Goldcorp the flexibility to fund the next generation of growth projects…

First Mining Responds to Coastal Gold Corp.’s Rejection of its Acquisition Proposal

Keith Neumeyer, chairman of First Mining, stated “I’m very surprised and disappointed by the Special Committee’s determination. Our proposal is a superb opportunity to create value for the COD shareholders. We believe our proposal clearly delivers both greater short-term and long-term value to the COD shareholders compared to the Sulliden transaction and is clearly a Superior Proposal under the Sulliden agreement. We find it outrageous that the COD board is recommending that its shareholders accept an offer which provides less value than the current trading price of COD shares…

Kootenay Announces Phase II Drilling on La Negra Discovery Extends Silver Mineralization a Further 150 Meters in Depth

Kootenay Silver Inc. is pleased to announce results from an additional seven holes of its Phase II drill program on its Promontorio La Negra Diatreme Silver discovery in Sonora, Mexico. The seven holes were designed to extend the known areas of mineralization along strike, down dip and to fill in large gaps. Results continue to affirm La Negra’s potential for the delineation of a high-medium grade, open-pittable silver resource and for adding substantial additional silver resources at depth.

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