Azure Minerals Limited is pleased to announce that exploration has commenced at the Promontorio Project, marking the first stage of activity under the Earn-In and Joint Venture Agreement with Kennecott Exploration Mexico S.A. de C. V., part of the Rio Tinto Group.
Primero Mining Corp. today announced the closing of its offering of US$75 million aggregate principal amount of 5.75% convertible unsecured subordinated debentures maturing on February 28, 2020, as previously announced on January 20, 2015. Primero has granted the syndicate of underwriters, led by RBC Capital Markets, and including BMO Capital Markets, Scotiabank, Canaccord Genuity Corp., CIBC World Markets Inc. and TD Securities Inc., an option to purchase additional Debentures in an amount equal to up to 15% of the Offering, on the same terms and conditions, exercisable in whole or in part at any time up to 30 days following today’s closing.
Evrim Resources Corp. is pleased to announce the appointment of Alain Charest as Senior Geologist for Evrim. Mr. Charest will head Evrim’s exploration initiative in Mexico for project acquisition and business development.
Gold Resource Corporation today announced preliminary 2014 fourth quarter and year-end mill production. Annual gold production increased by 4.7% and annual silver production increased by 8.7% over the prior year respective production totals. Due to 2014 metal market volatility, the Company’s production on a precious metal gold equivalent basis equated to approximately 19,057 AuEq ounces for the fourth quarter and 83,902 AuEq ounces at the year ended December 31, 2014, which was just below the Company’s 2014 annual production target of 85,000 AuEq ounces. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned over $102 million to shareholders in monthly dividends since commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Arian Silver Corporation, a silver exploration, development and production company focussed on silver projects in the silver belt of Zacatecas, Mexico, is pleased to report that it has successfully purchased the 2% Net Smelter Return royalty on its wholly owned San José project.
Con la consigna de Sin la vida, las obras sobran, pobladores de Ixtacamaxtitlán se apersonaron al Primer Informe de Labores del edil Eleazar Hernández Arroyo para exigir que cumpla el compromiso que firmó en su campaña de rechazar la apertura de una mina para la extracción de oro y plata y negar los permisos de cambio de uso de suelo a la empresa Almaden Minerals.
Torex Gold Resources Inc. reports that they have received information that 12 community members, from the vicinity of their construction project, have gone missing from the public highway to Cocula, in the State of Guerrero, and from the public waterways. The whereabouts of these community members is unknown at this time. One of the 12 missing community members works for the company as a labourer and was off duty at the time he went missing. Three others work for contractors to the project. Our thoughts are with the individuals and their families, and our site team is providing support through this difficult time for the community.
Excellon Resources Inc. announces that Joanne Ferstman has resigned from the Board of Directors of the Company effective today. Ms. Ferstman has served as a Director of Excellon since April 2013.
Minera y Metallurgica del Boleo, or MMB, in which KORES holds 90 percent stake, obtained the first production from its copper mining process plant in Santa Rosalia, Mexico, on Jan. 17, the company said in its statement. We expect MMB to produce 24,000 tons of copper this year.
Candente Gold Corp. is pleased to announce that it has completed a first tranche of its previously announced non-brokered private placement, issuing 17,630,000 common shares at a price of $0.03 per Share and raising $528,900.
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