Month: October 2015

AuRico Metals Inc. today announced that Scott Perry has resigned from his position as executive Chairman, as he takes on the CEO role with a large gold mining company. Mr. Perry will remain a member of the AuRico Metals Board of Directors. Richard Colterjohn, previously an AuRico Metals Director, has been appointed non-executive Chairman of the Board.

DynaResource de Mexico SA de C.V., the 100% owner of the San Jose de Gracia Project, located in the County of Sinaloa de Leyva, State of Sinaloa, Mexico, announces that it has been awarded in excess of $48 M USD in damages from Goldgroup Resources Inc. on October 05, 2015, by virtue of a Sentencia Definitiva issued by the Thirty Sixth Civil Court of the Superior Court of Justice of the Federal District of Mexico (Tribunal Superior de Justicia del Distrito Federal), File number 1120/2014. The Definitive Sentence included the considerations and resolutions by the Court, and in addition to the Goldgroup Damages, additional Resolutions were also ordered in favor of DynaMexico.

“Production for the third quarter met our expectations and we remain on track to meet our overall 2015 production guidance, with Minto operating above expectations for the quarter and Pinto Valley and Cozamin overcoming earlier production challenges,” said Darren Pylot, President and CEO of Capstone. “We are particularly pleased that the operational improvements at Pinto Valley are starting to be realized, achieving a monthly throughput record for Capstone in September.”

“Avino’s excellent third quarter results underscore the growing strength and quality of our mining operation. We delivered strong operating results and are well positioned to meet management’s production expectations going forward. Refinements in the mill are underway to remove deleterious minerals and improve payables, exploration drilling has commenced at the San Gonzalo mine and deliveries to Samsung are underway. We have positioned the Company for great success for the remainder of the year and years to come,” David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

Goldcorp Inc. wins top honour at the 2015 Awards of Excellence in Corporate Reporting, presented by Chartered Professional Accountants of Canada. Brent Bergeron, from Goldcorp, accepts the award Wednesday, December 9, 2015, in Toronto.

After Tamino Minerals Inc. filed suit on Sept. 19 in the U.S. District Court for the Eastern District of Pennsylvania against Beaufort Capital Partners LLC, citing fraud and unjust enrichment, the two sides have mutually agreed to settle the litigation, according to plaintiff counsel Donald R. Keer.

Oceanus Resources Corporation and El Tigre Silver Corp. are pleased to announce that El Tigre has been granted an interim order from the Supreme Court of British Columbia authorizing various matters, including the holding of a special meeting of El Tigre shareholders to consider the previously announced arrangement between Oceanus and El Tigre and the mailing of a management information circular.