The proceeds of the private placement will be used by Minaurum for a drill program at the Vuelcos Del Destino Project located in the Guerrero Gold Belt as well as for working capital purposes.
Camino Minerals Corporation is pleased to report that it has sold Rojo Resources, a wholly owned Mexican subsidiary, to a private Mexican mining syndicate. Rojo Resources was incorporated to hold title to the exploration projects transferred as part of the Canplats transaction in 2010…
Fomento Económico Mexicana SAB de CV (Femsa) cerró ayer su tercer centro de operación en el estado de Guerrero. La medida coincidió con el aumento de violencia que se ha presentado en la entidad en los últimos meses.
La asociación civil Acciones Colectivas de Sinaloa AC interpuso una segunda demanda colectiva contra Grupo México, para que repare el daño causado a las personas que resultaron afectadas por el derrame de 40 millones de litros de sustancias tóxicas en los ríos Bacanuchi y Sonora, el 6 agosto del año pasado.
Almost four years after the price of gold began tumbling, cash-starved and debt-ridden miners are selling, merging or closing shop, pushing the value of completed gold mining mergers and acquisitions in the first five months of this year to $3bn, twice that in the same period last year, according to Thomson Reuters GFMS, a metals research consultancy.
McEwen Mining Inc. is pleased to announce that production at the El Gallo Mine has exceeded our guidance for the second quarter. With approximately 15,600 gold equivalent ounces produced so far in Q2, this marks the third consecutive quarter of record production at the El Gallo Mine. Our production in Q1 this year totaled 15,391 gold equivalent ounces with year-to-date production of approximately 31,000 gold equivalent ounces.
Gainey Capital Corp. is pleased to announce that it is receiving its second shipment of mineralization material from another one of Goldplay Explorations gold properties, which is located in the Rosario mining district in the State of Sinaloa, Mexico. Goldplays first material shipment to Gaineys 100% owned, 300tpd processing centre in Huajicori, Mexico resulted in successful completion of bulk-sampling activities. Goldplay has initiated a second shipment to follow up on positive sampling results from the first material shipment announced April 9, 2015: Gainey has Received Goldplays First Material Shipment at its Processing Centre.
MAG Silver Corp. announced today that at its annual general and special meeting held on June 22, 2015, MAG’s shareholders approved by majority to: set the board at eight, elect all eight directors standing for election, re-appoint Deloitte LLP as the Company’s auditor, and approve certain amendments to Company’s Deferred Share Unit Plan.
Torex Gold Resources Inc. announces the results of its 2015 annual and special meeting of shareholders held in Toronto, Ontario on June 23, 2015.
PREMIER GOLD MINES LIMITED is pleased to announce that it has completed the final $5 million tranche of its previously announced non-brokered private placement of common shares at a price of $2.35 per Offered Share. The aggregate gross proceeds of the private placement totaled approximately $27.1 million from the sale of 11,544,969 Offered Shares.
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