Day: August 6, 2020

Aura Announces the Settlement of the Over-Allotment BDRs in the Context of the Initial Primary and Secondary Public Offering with Restricted Efforts

Aura Minerals Inc. today announces the settlement of the Over-Allotment BDRs of the previously announced initial primary and secondary public offering with restricted efforts of Brazilian depositary receipts, sponsored level II, issued by Itaú Unibanco S.A., as depositary institution, with each BDR representing one share of the Company.

McEwen Mining Reports Q2 2020 Results

“We are in a transition period setting up for future growth. We have a large resource base, four operating mines and can see an exciting organic growth pipeline of projects ahead that could potentially push our production to 300,000 ounces per year. I recently purchased 2 million shares, increasing my ownership to 82 million shares, and underlining my confidence in our future.” commented Rob McEwen, Chairman and Chief Owner.

First Majestic Reports Second Quarter Financial Results

“Obviously the second quarter for many industries, including the mining sector in Mexico, was negatively impacted by government mandated closures. We are glad most of these negative impacts are now behind us as our operations regain pre-COVID production rates,” stated Keith Neumeyer, President and CEO.

Apollo Gold Closes $5 Million Private Placement

The Company intends to use the net proceeds of the Offering to finance payments and costs related to its projects in Chile and Mexico, including the associated work programs currently anticipated for Q4 2020 / Q1 2021 in both jurisdictions.

SSR Mining Reports Second Quarter 2020 Results

Paul Benson, President and CEO said, “Each of our sites have responded admirably to this challenging environment, implementing new protocols to keep our employees safe when they come to work. Corporately, we reported positive income from mine operations totaling $34 million during the quarter and our cash balance was further strengthened, sitting at $462 million as of June 30.”

Almaden Closes Non-Brokered Private Placement

Almaden Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 3,100,000 units at $0.65 per Unit.

Endeavour Silver Files PFS Technical Report for the Terronera Project

Endeavour Silver Corp. announces it has filed an updated prefeasibility study technical report entitled “Endeavour Silver Corp Terronera Project NI 43-101 Technical Report, independently prepared by Ausenco Engineering Canada Inc. and dated July 31, 2020 with an effective date of July 14, 2020.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.

We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.