Month: April 2018

“Prices for our key commodities remained strong resulting in another good quarter for us, with adjusted earnings of $753 million and adjusted EBITDA of $1.6 billion,” said Don Lindsay, President and CEO. “Our operations performed well during the quarter and we’re pleased that Fort Hills achieved first oil and is ramping up to full capacity as expected.”

La mina mexicana Saucito, de la empresa Fresnillo plc., encabezó el listado de las mayores minas de plata del mundo en 2017, de acuerdo con datos de The Silver Institute y Thomson Reuters.

Jim Voisin, President & CEO of First Mexican Gold Corp commented that “it has been a very long and protracted number of years with many possible funding disappoints. This funding solution enables FMG to move forward aggressively on long developed property plans while maintaining 100% control and vested interest of the Guadalupe property and the Karen zone while offering the opportunity to deliver enhanced shareholder value to our long suffering faithful shareholders. I look forward to aggressively moving the project forward”.

Bacanora Lithium plc, the London listed lithium exploration and development company, is pleased to announce that Chief Executive Officer Mr. Peter Secker has been appointed as a main board director of the Company with immediate effect. Mr. Secker has over 35 years’ experience in developing, constructing and operating mines, and most recently, has direct experience of developing lithium projects. He will continue to act as CEO of the Company, a post he has held since 19 May 2015.

Gold production from South Arturo during the quarter has already exceeded annual guidance, as a result of a decision by Barrick (the operator) in January to accelerate the processing of the Phase 2 ore stockpile. At Mercedes, the Company expects full year production to be weighted toward the second half of 2018 after modifications to the mine plan are realized at the new Diluvio deposit to account for slight differences in the orebody geometry versus the original plan (model). The Company remains on-track to meet or exceed its consolidated full-year production guidance of 85,000-95,000 ounces of gold.

Back in June last year, writing for the website gettingthedealthrough.com, Florencia Heredia and Maria Paula Terrel stated: “Latin America continues to be a relevant jurisdiction for mining investments. In spite of the downcycle and difficulties faced by the industry, the region still remains attractive and certainly a part of the world to continue watching.” Last month, Energy and Gold Publishing published a project report (on Canadian junior Fiore Exploration, active in Chile) that stated: “Latin America is clearly the leading growth continent for the resource industry as senior metals producers scramble to replace depleting reserves.”

Silver Bull is pleased to announce that the Shareholders have ratified and approved the appointment of Smythe LLP, as auditors of the Company (91,342,467 or 93.58% voted “For”, 2,251,299 or 2.31% voted “Against” and 4,017,684 or 4.11% abstained from voting) until the next annual meeting of shareholders or until their successor is appointed, at a remuneration to be fixed by the Company’s directors.