Year: 2015

Las mineras extranjeras invierten 40% menos

Durante 2014, la minería de oro y plata registró una inversión extranjera directa por mil 165.6 millones de dólares, una caída de 39.6%, la primer baja en tres años, derivado principalmente de un mayor cobro de impuestos a la extracción y los menores precios en los metales preciosos.

Newstrike Enters Into C$2,000,000 Loan Agreement

Newstrike Capital Inc. announces that it has entered into a loan agreement in the principal amount of up to C$2,000,000 with two shareholders of the Company, Zebra Holdings and Investments S.à.r.l. and Lorito Holdings S.à.r.l. The Company intends to use the proceeds from the loan for general corporate purposes.

Southern Silver Closes Private Placement

Southern Silver Exploration Corp. reports that it has closed the final tranche of its private placement by issuing 1,810,000 units at a price of $0.08 per unit to raise $144,800. Each unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of five years at an exercise price of $0.08 per share. Together with the previously announced closing of the financing last week, the Company has raised an aggregate $1,600,000.

Gainey Capital Receives Confirmation of Environmental Authorization for La Nueva Victoria, La Bufa and El Arrayan Mining Concessions

Gainey Capital Corp. is pleased to announce it has confirmed that its 100% owned Mexican Sub Corp. “Minera Buena Fortuna” can operate under the Environmental Authorization from the Secretary of Environmental, Natural Resources and Fisheries (SEMARNAP), now Secretary of Environmental and Natural Resources (SEMARNAT). This authorization applies to the Mineral concessions: La Nueva Victoria Mineral Concession, La Bufa Mineral Concession, and El Arrayan Mineral Concession for Exploration and Mining. The Environmental Authorization will allow Minera Buena Fortuna to proceed with Exploration/Exploitation activities per its Exploration Strategy.

First Majestic Renews Share Repurchase Program

First Majestic Silver Corp. announced today that its board of directors has approved the extension of its share repurchase program pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange or alter native Canadian market places over the next 12 months. Pursuant to the Share Repurchase, the Company proposes to repurchase up to 5,879,732 common shares of the Company which represents 5% of the 117,594,640 issued and outstanding shares of the Company as of March 6, 2015.

Tarsis and Estrella Provide an Update on Alianza Transaction Progress

Tarsis Resources Ltd. and Estrella Gold Corporation are pleased to provide the following update on the acquisition of Estrella by Tarsis to join forces, combine efforts, reduce overhead, and become Alianza Minerals Ltd. The transaction is well underway and progressing on schedule. The transaction is expected to be completed by the end of April, except for the financing which may close in tranches before then.

Crearán más de 100 plazas con tres proyectos mineros

Más de 100 empleos directos se generarán con el inicio de operaciones de tres unidades mineras este año en la capital del estado, en Vetagrande y en Pánfilo Natera, anunció la titular de la Secretaría de Economía (Sezac), Patricia Salinas Alatorre.

Timmins Gold Reports Earnings From Operations of $22.2 Million for 2014

Timmins Gold Corp. is pleased to report its financial results for the year ended December 31, 2014. The comparative period is the year ended December 31, 2013. All results are presented in United States dollars unless otherwise stated. Readers should refer to the 2014 management discussion and analysis and audited consolidated financial statements for complete information.

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