Month: May 2015

Gold Resource Corporation Sustained Temporary Arista Mine Protest

Approximately 80 to 100 union members protested and ultimately blocked access to the Aguila Project’s mill and mine on Thursday, May 27. The majority of the Company’s 300 plus unionized workers and all of the non-unionized workers chose not to participate in this illegal protest. The protest was in response to the annual employee bonus being less than the year prior, which is a reflection of the continued weakness in precious and base metal prices. The union did not condone or support this illegal protest, therefore technically the action has not been classified as a strike.

Excellon Reports Results of Annual and Special Meeting of Shareholders

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to report that shareholders voted in favour of all items of business, including the election of directors at the 2015 Annual and Special Meeting held on May 28, 2015. Detailed results from the election of directors are set out below:

IMPACT Silver Announces First Quarter 2015 Financial and Production Results

The Company’s strategy of focusing on higher grade mineral on both the exploration and production fronts is proving effective. The Cuchara-Oscar Mine is now providing 51% and the San Ramon Deeps Mine, discovered and opened in 2014, contributed 39% of the total mill feed to the Guadalupe Production Centre, which is now averaging 189 grams per tonne silver. The objective continues to be to increase the overall silver head grade in the Zacualpan District in 2015 to approach the historical highs in excess of 200 g/t…

Aura Minerals Announces Private Placement for Gross Proceeds of CAD$6.1 Million

Mr. Jim Bannantine, the Company’s President & CEO stated, “With current market conditions and the limited ability to raise financing for junior mining companies and developers such as Aura, we see this financing as a show of confidence in Aura and our revised strategy. This Private Placement will be beneficial to all shareholders. Not only will this allow Aura to strengthen its balance sheet by reducing our debt, but also give the Company more flexibility and options moving forward as we refocus in 2015. The shares are being placed at a premium to market to a new, non-related, overseas, diversified, value-oriented private investor.

Gold Resource Corporation Declares May Monthly Dividend

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

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.

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.