Day: May 1, 2015

Agnico Eagle Announces Election of Directors

Agnico Eagle Mines Limited today announced that, at the annual and special meeting of shareholders held earlier today (the “Meeting”), each of the twelve nominees listed in the management information circular dated March 12, 2015 were elected as directors of Agnico Eagle. The detailed results of the vote are set out below:

Red Tiger Reports Year ended December 31, 2014 Results

Copper production from the leaching operations began to decline in September 2014. Investigation of the cause revealed that a sudden and unprecedented occurrence of clay materials had appeared in the ore in the south pit of the mine where the last few benches of material from a “slip” (i.e., material higher up in the mine that slid down a slope as a result of being located along a fault zone,) were being mined. This clay material was mixed with ore sent to the crusher and distributed onto the leach pad with a dozer. This resulted in a top layer of low permeability of the heap…

Santacruz Silver Reports Fourth Quarter / Year-End 2014 Financial Results

“The fourth quarter saw significant improvements at the Rosario Mine on a cash cost per payable silver equivalent ounce sold. The increase in mill throughput along with higher silver grades has allowed the mine to continually improve over the calendar year 2014,” said Arturo Préstamo, President and CEO. “With the shut-down of Q1 2015 now behind us and the installation of the third ball mill completed we are now back on track to deliver at the Rosario Mine in 2015. We anticipate further cost reductions in 2015 that will put us in a strong position to generate cash this year.”

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.