We are excited to commence Phase two and build on the success of Phase one as we further assess whether Cerro Caliche will be amenable to the development of a heap leach extraction operation, stated Kenneth MacLeod, President and CEO of Sonoro.
Alio Gold Inc. today announces that Chief Executive Officer, Greg McCunn, has advised the Board that he will be resigning to pursue another opportunity. Mr. McCunns departure will be effective in March, following completion of the year end financial reporting process.
We are very pleased to close this important transaction that immediately transforms Great Panther into an intermediate precious metals producer with a strong and diversified portfolio of producing mines, advanced stage growth projects, and exploration assets, stated James Bannantine, President and CEO.
There are several areas of current legal activity relating to protecting and enforcing the Companys interest in the Santo Tomas Concessions. At present, the following initiatives, amongst others, are expected to validate and maintain the status quo of the titles and eventually remove any unwarranted ownership claims to the Santo Tomas Concessions as are currently being made by Aztec Copper Inc., an Arizona company, and its Mexican subsidiary, Prime Aztec Mexicana S.A de C.V.
Mexican President Andres Manuel Lopez Obrador cancelled a gold mine project called Los Cardones in Baja California province on Sunday. The mine, located at one of the main aquifers of the southern area of Baja California, was a threat to the local water sources, according to Lopez Obrador.
El Gobierno del Estado buscará lazos comerciales con Canadá en el marco del PDAC, que es la convención de minería más importante a nivel internacional, que reúne a mil expositores de 800 empresas mineras, y congrega a 30 mil asistentes de 125 países.
Magellan’s CEO, Pierce Carson commented, “We are pleased to be able to engage David, who is a highly respected engineer with over 45 years of experience in mine operations and management. Of particular relevance, his background includes many years in design, construction and operation of underground mines in Mexico. Initially, his work on El Dorado will focus on mine design, project economics and formulation of a detailed development schedule and budget.”
The Company had strong cash flow growth during San Rafaels ramp-up to full production in 2018 despite the significant decrease in metal prices in the second half of the year, said Darren Blasutti, President & CEO of Americas Silver.
The Valdecañas Vein System continues to astound us with its multiple high-grade silver and gold overprintings on the increasingly base-metal rich Deep Zone and its overall persistence; it having now been traced for over 1,100 metres beneath the top of the Bonanza Zone where our mine development is currently advancing nicely, said George Paspalas, President and CEO of MAG. We are especially pleased with how each hole into the Valdecañas Vein East gives us a free shot on the way not only at the ever-expanding Anticipada Vein but also the fortuitously discovered Pre-Anticipada Vein. Because the drill spacing in the Deep Zone is still widely spaced, we expect the major impact on resources will be to the Inferred category, and that drilling off to Indicated may best be done in the future from underground.
Al detallar su decisión, dijo, también me adelanto porque me van a reclamar, ya saben cómo me tienen, van a decir y por qué en el aeropuerto hubo consulta y por qué en la termoeléctrica hubo consulta y en lo de la mina no. Es sencillo, lo del aeropuerto lo iniciaron otros; lo de la termoeléctrica y el gasoducto lo iniciaron también el gobierno pasado. Esto me tocaría a mí iniciarlo, y yo digo no. Y tengo la facultad, precisó.
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