Day: November 6, 2018

“Improved operating performance at Mercedes during the third quarter combined with continued outperformance at South Arturo puts us on track to meet 2018 annual consolidated gold production guidance” stated Ewan Downie, President and CEO of Premier. “Our strong cash position will continue to fund near-term development, including the construction of two new mining centers at South Arturo and the Cove Gold Project in Nevada”.

“We continue to generate strong cash flow, which increased our cash and short-term investment balance at the end of the quarter to $252.7 million, despite realizing the lowest metal prices of the year,” said Michael Steinmann, President and Chief Executive Officer of the Company. “The depressed metal prices had a significant impact on both settlement adjustments on concentrate shipments and NRV inventory adjustments, which together reduced earnings in the quarter by approximately $33.2 million.”

Golden Goliath Resources Ltd. is pleased to announce that Desarrollos Mineros El Aguila, S.A. de C.V. a wholly owned subsidiary of Fresnillo plc, has exercised the option agreement for the properties optioned to them by the Company in the Uruachic Mining District in the State of Chihuahua, Mexico.

Golden Minerals Company today announced financial results and a business summary for the third quarter ended September 30, 2018.

Autoridades municipales realizaron la entrega de la planta tratadora de aguas residuales poniente a la empresa Minera Saucito que ganó la licitación para la operación de las instalaciones. De esta manera, el Sistema de Agua Potable, Alcantarillado y Saneamiento de Fresnillo (Siapasf), se ahorrará unos 7 millones 85 mil 859 pesos anuales de los costos por la operación de la planta.

“With the addition of the Nevada assets, Hecla had the largest quarterly exploration program in its history,” said Phillips S. Baker, Jr., President and CEO. “While exploration expense will be less in the fourth quarter, it is not for lack of good results. All of Hecla’s programs this year had success that will justify follow-up in the future. But our focus in the fourth quarter will be at our Nevada operations and San Sebastian as we work towards the sort of mine life that we have at Greens Creek and Casa Berardi.”

The Company intends to use the proceeds of the Private Placement to explore the Zacualpan land package for additional high potential precious metals as well as gold-copper targets, to improve efficiencies at the Guadalupe production mill, and for general working capital purposes.