Month: March 2019

CZL Executes New Toll Treatment Agreement for Plomosas

ZL Managing Director Brad Marwood said, The opportunity to replace the Grupo Mexico contract with a longer-term contract with improved conditions has been an opportunity that delivers process certainty for the next 18 months. I am very pleased that our Mexican team have secured this opportunity in such a timely manner.

Goldcorp and Newmont Announce Successful Early Tender Period for Exchange Offers and Consent Solicitations

Goldcorp Inc. was informed by Newmont Mining Corporation today that, in connection with Newmont’s previously announced offers to exchange any and all outstanding notes issued by Goldcorp for (1) up to $2,000,000,000 aggregate principal amount of new notes to be issued by Newmont and (2) cash, and related consent solicitations to adopt certain proposed amendments to each of the indentures governing the Existing Goldcorp Notes, Newmont has received tenders with respect to the aggregate principal amounts of Existing Goldcorp Notes set forth below, which constitute the requisite number of consents to adopt the Existing Goldcorp Indentures.

First Majestic Updates 2018 Mineral Reserve and Resource Estimates

For 2019, First Majestic is planning to invest a total of $26.2 million towards exploration to drill approximately 188,000 metres across its core Mexican assets. The 2019 drilling program will consist of approximately 11,600 metres of sustaining diamond drilling to support mining activities at the six operating mines; approximately 152,000 metres of expansionary diamond drilling intended to improve confidence and increase Mineral Resources with a focus on the Santa Elena Main Vein and the Central Block at San Dimas; and drill approximately 8,400 metres intended to test greenfield targets at Santa Elena and Del Toro. Furthermore, due to the exploration success in 2018 at Ermitaño, the Company is planning to complete a 16,000 metre drill program in 2019 to investigate the continuity of mineralization at shallow depths that may be amenable to open pit extraction.

Torq Appoints New CFO

Torq Resources Inc. announces the appointment of Stacy Rowa as Chief Financial Officer and the resignation of Peter Rees as Chief Financial Officer and Corporate Secretary, effective April 1, 2019. Mr. Rees is resigning to pursue a new opportunity.

Sierra Metals Reports 2018 Consolidated Financial Results Including $90.1 Million of Operating Cash Flows Before Movements in Working Capital. Conference Call March 29, 2019 at 10:30 AM (EDT)

Igor Gonzales, President, and CEO of Sierra Metals stated: “I am very pleased with the Company’s performance during Q4 and full year 2018. Despite challenges such as harsh weather events in Q3 at the Bolivar Mine, the Company generated positive cash flow at its three operating Mines, realizing a 13% increase over 2017, and our production results were solid with year over year increases to the consolidated production of all metals except lead. The Company continues to realize positive returns on the capital investments and operational improvement efforts at all our Mines.This is best demonstrated through our improving operating performance, strengthening of our asset base, significantly lower all-in sustaining costs and continued strong cash flow.

Silver Spruce Resources Identifies Additional Drill Targets at Pino de Plata

This is an exciting development for the Pino de Plata project, stated Karl Boltz, the Company’s CEO. Field observations and historical data indicate that areas no focussed on during the preparation of the NI 43-101 report merit detailed field work and sampling prior to final selection of drill hole collar locations.

CONAGUA resolution confirms no remediation required as a result of the overflow of contingency pond at the San Jose Mine, Mexico in October 2018

Fortuna Silver Mines Inc. is pleased to report that the Mexican National Water Commission (CONAGUA) has completed its investigation and issued a resolution into the overflow of the contingency pond at the dry stack tailings facility at the San Jose Mine on October 8, 2018, which was caused by heavy seasonal rains. CONAGUA’s resolution confirms that no remediation of the nearby Coyote Creek is required. However, the Company received a fine of approximately US$42,000 related to the incident.

Mazatlán será sede de la Conferencia Minera Discovery 2019

El Director General de la compañía Mexico Mining Center, Ing., Douglas Coleman dijo que, Estamos orgullosos de esta hermosa sede y anticipamos una excelente conferencia con una gran asistencia proveniente de diferentes partes del mundo.

Goldplay Exploration Announces Filing of Technical Report for the San Marcial Project

The Mineral Resource estimated for each resource category – Indicated or Inferred – is displayed in Table 1, at different silver equivalent (AgEq) cut off grades. The report documents a maiden mineral resource estimate for the initial 500 m long x 100 m wide resource area, part of a 3.5 km mineralized exploration corridor at the San Marcial Project.

Fortuna Updates Mineral Reserves and Mineral Resources for the San Jose and Caylloma Mines

Jorge A. Ganoza, President and CEO, commented: “For the second successive year, our infill drill programs at both San Jose and Caylloma were successful at replenishing Mineral Reserves mined.” Mr. Ganoza added, “In addition, the exploration programs executed last year resulted in the definition of a maiden Inferred Mineral Resource for the Victoria mineralized zone at San Jose, as well as the expansion of resources at Animas NE.” Mr. Ganoza concluded, “Both targets remain open at depth and along strike for further exploration.”

Alamos Gold Entrega Conjunto Urbano y Habitacional en Sonora

Hemos trabajado durante muchos años en la Sierra Madre, y encontramos poblaciones muy bonitas como Mulatos y Matarachi, pero con carencias de servicios básicos como agua potable, electricidad, salud, educación y aun sitios de recreación. Uno de los valores más importantes de nuestra empresa es el de contribuir al bienestar social de estas familias, y en coordinación con los tres niveles de gobierno hemos trabajado conjuntamente para mejorar la calidad de vida de las presentes y futuras generaciones de estas comunidades, declaró John McCluskey.

Newmont Announces Executive Leadership Team for Combination with Goldcorp

“As previously announced in January, leadership of Newmont Goldcorp will feature some of the industry’s best talent and most experienced mining executives known for superior operational execution, consistent project delivery and leadership in safety and sustainability,” said Gary Goldberg, Chief Executive Officer.

IMPACT Silver Drills 2.69 meters of 5.27 g/t Gold (Eq) at El Canelo

IMPACT Silver Corp. is pleased to announce the results of a diamond drilling program on the El Canelo gold silver vein in the Santa Teresa area of the Royal Mines of Zacualpan District, Mexico. Earlier reported trench sampling along the strike of the vein at 10m intervals returned an average gold grade of 6.5 g/t across a true width of 1.66m and a length of 50m. The initial six hole program tested the vein system along a strike length of 100m and to a depth of 100m at 50m intervals.

GoGold Consolidates 29 Concessions at Large Scale Exploration Project in Mexico

GoGold Resources Inc. is pleased to report, after a long period of due diligence and negotiations, the signing of an option agreement to acquire 29 concessions for a large-scale exploration project, named Los Ricos located in Jalisco state, Mexico. The Property is being optioned from private Mexican owners.

Goldcorp Announces Support for Newmont Special Dividend

GOLDCORP INC. announced today that it has consented to Newmont Mining Corporation paying a one-time special dividend to its shareholders conditional on the approval of the Newmont resolutions by the Newmont stockholders and the Arrangement resolution by the Goldcorp shareholders relating to the Arrangement, which was previously announced on January 14, 2019. Goldcorp continues to recommend that its shareholders vote in favour of the completion of the Arrangement.

Office: +52 (662) 688-5815

[email protected]

Sites of Interest

This new application brings the paper map online.

Up to date information of:

  • Resources.
  • Production.
  • Endowment.
  • Technical Reports.
  • Geology.
  • And More…

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.

Get to know GeoInfoMex in 3D

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 © 2019 / All Rights Reserved