Canarc Resource Corp. is pleased to announce that it has closed the second tranche of its private placement equity financing that was announced in the Companys news release dated February 16, 2016.
Akiba Leisman, Chairman and CEO of Marlin, states that “this is an important milestone in the Company’s history. We have been mining at La Trinidad for over two years, with the removal of over 21 million tonnes of material in order to get to the point we are now. In less than 80 days we will be at the high grade HS Zone, with grades more than three times what we have been mining to date. The countdown to the HS Zone has begun, as we look to make Marlin one of the lowest cost gold miners in the Americas.”
As also announced on May 5, 2015, the Company still intends to dispose of all of its current mineral assets to Commander Resources Ltd. Completion of the Commander Transaction remains subject to regulatory approval. The Company is also continuing to evaluate other opportunities and intends to provide an update to its shareholders in the near future.
Jorge A. Ganoza, President and CEO, commented, “Our 2015 operational and financial results reflect Fortuna’s capacity to perform soundly in a challenging metal price environment. Adjusting for a $25.0 million impairment at our Caylloma Mine, the company delivered $6.7 million of adjusted net income.” Mr. Ganoza continued, “San Jose exceeded its silver and gold production guidance while Caylloma successfully shifted mining to high grade polymetallic zones in the Animas Vein, resulting in increased zinc and lead output that helped improve margins.”
Avino Silver & Gold Mines Ltd. is pleased to report the completion of the previously announced brokered public offering through Noble International Investments, Inc., doing business as Noble Financial Capital Markets of Boca Raton, Florida as sole placement agent to an institutional investor. Total gross proceeds of US$800,000 were raised through the sale of 800,000 Common Shares at a price of US$1.00 (approximately Canadian $1.325) per Common Share.
We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
