Month: February 2021

Capstone Beats 2020 Production and Cost Guidance

“Last quarter we saw outperformance at both operations delivering operating cash flow of $67 million, which marks the beginning of very strong financial metrics across the business, moving forward in this current $4.00 copper price environment,” said Darren Pylot, President and CEO of Capstone.

Ramón Dávila Added to VanGold Advisory Board

Mr. Davila is joining VanGold’s Advisory Board that now consists of mining lawyer and entrepreneur Stuart ‘Tookie’ Angus; public company executive and financier John Budreski; and seasoned exploration geologist Greg Hawkins.

Alamos Gold Reports Mineral Reserves and Resources for the Year-Ended 2020

“We had an excellent 2020 on the exploration front despite a smaller than planned program due to COVID-19. We more than replaced Global Mineral Reserves and added another million ounces of high-grade Mineral Reserves and Resources at Island Gold,” said John A. McCluskey, President and Chief Executive Officer.

Telson Arranges US$25 Million to Complete Tahuehueto Gold Mine Construction

Telson Mining Corporation is very pleased to announce that it has executed a Letter of Intent with Accendo Banco S.A. de C.V., Empress Royalty Corp., & Endeavour Financial to provide up to US$25 million of financing to complete the construction and ramp-up of Telson’s 100% owned Tahuehueto Gold Mine project, meet debt service obligations and for working capital purposes.

Frena un Juez Federal a la Minera Canadiense en Samalayuca

Pobladores de Samalayuca, representados por la asociación Mexicanos Contra la Corrupción y la Impunidad (MCCI), lograron la suspensión provisional de la operación de una mina canadiense en el área natural protegida en la zona.

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.