Month: July 2015

Primero Reports a Fatal Accident at its San Dimas Mine

“We are deeply troubled by the loss of Juan Jesús Torres Jiménez, a young underground miner at our San Dimasmine,” said Joseph F. Conway, Chief Executive Officer. “Our thoughts and prayers go with his family and friends through this incredibly difficult time.”

Defiance Commences Drilling at San Acacio Silver Deposit

Defiance Silver Corp is pleased to announce the start of a 1,500m drill program on the San Acacio silver deposit in the historic Zacatecas Silver District in Mexico. The drill program is focused on expanding the current resource of 17.9 million oz AgEq contained in 2.902 mt grading 192.5 g/t AgEq. Drilling will build upon the recent discovery of significant silver and base metal mineralization below the limits of the current resource. The focus continues to be on the lowest risk/highest reward portion of the exploration potential at San Acacio by drilling along the 1.0 kilometer of old workings. Mineralization is open both to depth and along strike.

Ned Goodman Rejoins Excellon Board of Directors

“We are delighted to welcome Ned back on the Board,” stated Brendan Cahill, President and Chief Executive Officer. “His experience as an industry leader and company builder is invaluable. He returns to the Board at a vital time, as we upgrade Platosa into one of the lowest cost silver mines in the industry and position the Company to take full advantage of the opportunities afforded by current market conditions.”

Sierra Metals Appoints Gordon Babcock P. Eng. as Chief Operating Officer Enhancing its Current Management Team

Mr. Babcock is a second generation Professional Mining Engineer with over 34 years of experience in mine production management, project development, engineering, exploration and mine consulting in precious, base metals and aggregate operations in the Americas. He was most recently COO at Jaguar Mining and has previously worked for Nyrstar, Breakwater Resources, Coeur Mining Inc., Milpo, The Hochschild group in Peru, Muscocho Explorations, and The Noranda Group. Gordon holds a degree in Mining Engineering from Queen’s University and is an active member of the Association of Professional Engineers of Ontario, CIM and AIME.

Cyprium Mining to Acquire Controlling Joint Venture Interest in the Historic Potosi Silver Mine in Mexico

Cyprium Mining Corporation is pleased to announce that it has entered into a letter of intent with Minerales Nacionales de Mexico SA de CV, Minera Potosi Silver S de RL de CV and Daniel Valenzuela, pursuant to which Cyprium and the Potosi Partners have agreed to form a twenty year joint venture for the exploitation and exploration of the Potosi silver mine located in the historic silver rich mining district of Santa Eulalia in Mexico.

Gold Resource Corporation Declares July Monthly Dividend

Gold Resource Corporation declares its monthly instituted dividend of $0.01 per common share for July 2015 payable on August 24, 2015 to shareholders of record as of August 11, 2015. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA.

First Majestic Announces Friendly Acquisition of Silvercrest Mines

First Majestic Silver Corp. and SilverCrest Mines Inc. are pleased to announce that the companies have entered into a definitive agreement pursuant to which First Majestic has agreed to acquire all of the issued and outstanding common shares of SilverCrest for consideration of 0.2769 of a common share of First Majestic plus C$0.0001 in cash per SilverCrest common share…

First Mining Begins Trading on OTCQB

First Mining Finance Corp. is pleased to announce that the Company’s common shares have been approved to commence trading as of today’s date on the OTCQB trading platform under the symbol FFMGF. Trading on the OTCQB will allow investors in the United States greater access to invest in the Company’s shares.

Sierra Metals Strengthens Management Team with the Appointment of Matthew Wunder as Vice President Exploration

Mr. Wunder is a Professional Geologist with over 25 years’ international experience in mineral exploration with a tremendous track record. Prior to forming a successful independent mining consultancy, Mr. Wunder held the position of Vice President Exploration with Rubicon Minerals from June 2007 until Dec 2013 where he was recognized and honored as Co-recipient of the Colin Spence award for Excellence in Global Mineral Exploration (AME-BC, 2010). Prior to Rubicon Minerals, Mr. Wunder gained extensive experience in ore deposit exploration with various companies including Noranda (over 14 years) and Aur Resources.

ALS is a global leader in providing laboratory testing, inspection, certification and verification solutions. Assuring our community by providing high quality, innovative, professional testing services to help our clients make informed decisions.

All News

Our expertise in mining places us at the forefront of the industry. We are readily available with an international service.