Year: 2015

Bacanora Reports Drilling Results for La Ventana, Sonora Lithium Project

BACANORA MINERALS LTD. is pleased to announce assay results from a total of 2,946 metres of drilling in 22 holes recently completed on its wholly-owned La Ventana concession, as well as one hole drilled on the Fleur concession. Both concessions are held as part of the Company’s Sonora Lithium Project in Mexico…

First Quantum Minerals Announces Terms of Cdn$1.25 Billion Equity Offering

First Quantum Minerals Ltd. today announced that it has entered into an underwriting agreement with a syndicate of underwriters led by RBC Capital Markets and Goldman Sachs Canada Inc., and including Barclays, BNP PARIBAS, Deutsche Bank Securities, Jefferies International Limited and Nomura to sell 76,923,000 common shares of First Quantum at a price of Cdn$16.25 per common share to raise gross proceeds of Cdn$1.25 billion…

Marlin Gold Closes Equity & Debt Financings

Marlin Gold Mining Ltd. is pleased to announce that it has completed its previously announced non-brokered private placement of common shares. Pursuant to the Equity Offering, Marlin issued 15,625,000 common shares at a price of $0.56 per Common Share for aggregate gross proceeds of approximately $8,750,000.

Cyprium Mining Appoints Alain Lambert as CEO

Cyprium Mining Corporation is pleased to announce that it has appointed its current Chairman Mr. Alain Lambert as Chief Executive Officer of the Company. Mr. Lambert, who co-founded Cyprium in 2012, will now act as Chairman and C.E.O.

West Melville Consolidates Share Capital

West Melville Metals Inc. announces today that the directors have approved a consolidation of the Company’s issued and outstanding common shares at a ratio of one new share for ten old shares. The Company currently has 52,605,451 common shares outstanding and after the consolidation of its share capital will have 5,260,545 outstanding.

Kootenay Encounters More High-Grade Silver in Phase II of the La Negra Drill Program

Kootenay Silver Inc. is pleased to announce results from the final three holes of its Phase II drill program on the La Negra Diatreme Silver discovery on its Promontorio property in Sonora, Mexico. The final three holes of the program were designed to test variously La Negra’s northeastern extension, the western end, and another deep test of the diatreme breccia. High-grade intercepts were encountered in two of the three final holes expanding the extent of the mineralized breccia to the northeast and to depth…

Grupo México insiste en la solvencia de su proyecto en Aznalcóllar

Grupo México ha insistido en la “solvencia técnica y económica” de la empresa y de su proyecto minero para Aznalcóllar, de forma que han apuntado que muestra de la capacidad financiera de la entidad, la sociedad creada para la ejecución de dicho proyecto, llamada ‘Minera Los Frailes’, cuenta ya a día de hoy con fondos propios libres por un importe de más de 93 millones de euros.

Bacanora Announces Appointment of New CEO

BACANORA MINERALS LTD. is very pleased to announce the appointment of Mr. Peter Secker as the new Chief Executive Officer of the Company. Mr. Secker has over 30 years’ experience in developing, constructing and operating mines, and most recently, has direct experience of working with lithium projects. His appointment as CEO is in line with the Company’s strategy to continue to advance its pre-feasibility studies and to continue to evaluate and progress its path towards production for both the Sonora Lithium Project and the Magdalena Borate Project in Mexico…

Ejército peruano resguarda mina de Grupo México; protestas se extienden

El proyecto minero de Grupo México en Arequipa, Perú, ha convertido a esa comunidad en una zona de disturbios que se han extendido a otras regiones del país. Las autoridades peruanas investigan el intento de soborno de líderes disidentes por parte de la filial del mexicano Germán Larrea, mientras que miles de ciudadanos han iniciado movilizaciones para llamar a la paz.

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