Month: May 2018

Pretende Fresnillo PLC iniciar Juanicipio

La construcción del proyecto Juanicipio, iniciará después de ser aprobado por el Consejo de Administración, se pretende arrancar en los próximos dos a tres meses.

Pan American Silver Reduces Certain Activities at the Dolores Mine

“Our priority is the safety and security of our personnel. We have been monitoring the situation, and with the recent incidents that have occurred along the access roads, we have determined the prudent course of action is to suspend personnel movements to and from the mine until the roads are safe for our employees,” said Michael Steinmann, President and Chief Executive Officer of the Company.

Habrá Hoy Reunión para Evitar Cierre de Mina de Dolores

El secretario general de Gobierno, Sergio César Alejandro Jáuregui Robles, señaló que esta tarde se realizará una nueva reunión con la empresa canadiense Pan American Silver Corporation que opera la Mina de Dolores, en el municipio de Madera, a fin de evitar el cierre permanente de sus actividades.

IMPACT Silver Announces First Quarter 2018 Financial and Production Results

Fred Davidson, President and CEO, stated, “Silver prices reached its recent high in January 2018 at USD $17.54 an ounce but fell as the quarter progressed as the US dollar and interest rate started increasing. Nonetheless in Q1 our shares outperformed sector peers largely due to our exploration success at our sizable 357km2 land package, 5,000+ underground workings, and high potential exploration targets. The Company continues to believe its market capitalization remains undervalued given our production and exploration potential.”

Telson Mining Corporation Announces Graduation to Tier 1 of the TSX Venture Exchange

Commenting on this news, Ralph Shearing, President of Telson said “Telson’s graduation to Tier 1 of the TSX Venture Exchange is a further demonstration of the quality of our Campo Morado and Tahuehueto projects and of our management team. Graduating to Tier 1 status will also provide the Company with a more favorable regulatory environment, decreased filing requirements and increased opportunity for participation by institutional investors…”

Leagold Reports Mexican Anti-Trust Approval for Acquisition of Brio Gold

Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) is pleased to announce the receipt of the clearance decision from the Comisión Federal de Competencia Económica with respect to Leagold’s acquisition of Brio Gold Inc. COFECE approval was the final government agency approval required before completing the acquisition, which is anticipated to occur on or around May 24, 2018.

McEwen Mining Announces New Preliminary Economic Assessment Extending Life an Additional 10 Years in Mexico

“Project Fenix shows that El Gallo has the potential to be retooled to produce silver and gold for years into the future. The current heap leach gold mine would transform first to a mill and process the residual heap leach pad material, then additional mill modifications would enable processing of silver and gold ores from four other deposits. This plan depends on innovative in-pit tailings disposal that we think is a win-win for all stakeholders. Over the coming quarters we intend to advance environmental permitting and refine our plans with a feasibility study before making an investment decision next year,” said Rob McEwen, Chairman and Chief Owner

Minaurum Closes Second Tranche of Oversubscribed Private Placement

Minaurum Gold Inc. is pleased to announce that its previously announced private placement is oversubscribed and it is increasing the private placement to $7,000,000, subject to TSX Venture Exchange approval. In addition, Minaurum has now closed the second tranche of the private placement raising $909,999.45. Total gross proceeds raised in the first two tranches are $5,702,499.45.

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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.