Day: April 15, 2020

Mineras Presentan Protocolos para Continuar Actividades

Un total de seis mineras presentaron su protocolo para continuar laborando con riesgos sanitarios mínimos en el estado durante la pandemia por Coronavirus Covid-19, informó el gobernador Alejandro Tello Cristerna.

New Gold Reports First Quarter Operational Results and Withdraws Annual Guidance

“We are pleased to report New Gold’s operational results for the quarter, which are very encouraging when considering the 2-week suspension at Rainy River in the latter part of March as well as the enhanced COVID-19 safety protocols put in place at both operations. At the end of the quarter, we closed a strategic $300 million transaction with the Ontario Teachers Pension Plan, which strengthens our balance sheet and provides additional financial flexibility and enhanced liquidity.” stated Renaud Adams, CEO.

Golden Minerals Announces Preliminary Economic Assessment for Rodeo Gold Project

Warren M. Rehn, Golden’s President and Chief Executive Officer, notes, “We’ve purposely held onto the Rodeo project for several years, waiting for the right opportunity to monetize this asset by utilizing our existing infrastructure to process its gold and silver. With the Hecla lease coming to an end this year, we intend to bring Rodeo into production in 2021. This PEA indicates that Rodeo presents us with the opportunity to realize over $24 million of after-tax cash flow in two years’ time with very low capital requirements, which will in turn support our work at Velardeña and other exploration projects.”

Equinox Gold Provides Corporate Update

“Equinox Gold’s inclusion in both the GDX and GDXJ is a milestone for the Company, reflecting successful execution of our growth strategy,” said Christian Milau, CEO of Equinox Gold. “Listing on the NYSE American and graduating to the Toronto Stock Exchange last year, coupled with the increased scale of the Company following the merger with Leagold Mining this year, have significantly increased the Company’s liquidity and market visibility, bringing additional trading flexibility and value to our investors.”

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.