Month: April 2015

Cangold And Great Panther Silver Execute Definitive Arrangement Agreement

CANGOLD LIMITED and GREAT PANTHER SILVER LIMITED are pleased to announce that further to the binding letter agreement announced on February 26, 2015, they have entered into a definitive arrangement agreement pursuant to which Great Panther will, subject to the terms and conditions of the Arrangement Agreement, acquire all of the issued and outstanding common shares of Cangold by way of a court-approved plan of arrangement.

Santacruz Silver Announces Further Amendment to Silver Purchase Agreement

Santacruz Silver Mining Ltd. announces that further to the Company’s press release of December 1, 2014 relating to the amended Pre-Paid Silver Purchase Agreement entered into with JMET, LLC, Santacruz is pleased to announce that the agreement has been further amended to extend until the end of 2015 the repayment of US$5 million of the US$7 million due on April 1, 2015. The Company paid US$2 million to JMET, LLC on April 1, 2015.

McEwen Mining boosts security at Mexican mine

The chief executive of McEwen Mining is beefing up security at the Canadian company’s mine refinery in Mexico to make it as “impenetrable” as Fort Knox after a band of masked gunmen made off with $8.5 million in gold.

Revela empresario canadiense “buena relación” con ‘narcos’ mexicanos

El director de la compañía propietaria de la mina donde asaltantes robaron oro valuado en 8.5 millones de dólares aseguró que nunca habían tenido ningún problema con la delincuencia e hizo una inusual revelación: que llevan una buena relación con el narcotráfico en la zona para poder operar.

Soltoro Ltd. Announces Acquisition by Agnico Eagle Mines Limited

Soltoro Ltd. has entered into a definitive agreement on April 10, 2015 with Agnico Eagle Mines Limited, pursuant to which Agnico Eagle will acquire 100% of Soltoro’s issued and outstanding common shares, including shares issuable upon the exercise of outstanding options and warrants for total consideration of approximately C$31.6 million…

Robo de oro se armó desde el interior de la mina: Sinaloa

El secretario general de Gobierno, Gerardo Vargas, confirmó el robo de oro con valor aproximado a los 8.5 millones de dólares a la mina “El Gallo 1” de la empresa canadiense McEwen Mining Inc., en el municipio de Mocorito, al norte de esta capital sinaloense, pero consideró que se desarrolló durante varios días y por personal que labora o trabajó en esa refinería.

The North American Free Trade Agreement: A Qualified Failure for Mexico – Analysis

After Mexico’s 1982 economic crisis, the country abandoned its previous enthusiastically embraced Import Substitution Industrialization development strategy, inspired by the Economic Commission for Latin American and the Caribbean of the United Nations. Since then, the Mexican economy has seen pounded by incredible surges of transformations…

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.

All News

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.