Month: April 2021

Torex Gold Thanks Retiring Long-Term Directors

Torex Gold Resources Inc. announces that three of its founding Directors – Andrew Adams, Michael Murphy (co-founder), and Fred Stanford – will not stand for reelection at the Company’s annual shareholder meeting.

Fresnillo plc – Board and Committee Changes

Fresnillo plc announces that Mr Alberto Baillères (89) is stepping down as Chairman of Fresnillo plc and will be leaving the Board of Directors of the Company with immediate effect. The Board has invited Mr. Alberto Baillères to become Honorary President of Fresnillo plc in recognition of his enormous contribution in creating Fresnillo plc as a major mining company and a constituent of the FTSE-100 Index.

Newmont Announces Results of Annual General Meeting of Shareholders

Newmont Corporation announced strong shareholder endorsement for all proposals presented for vote at the Annual General Meeting with more than 90 percent voting support for each measure, including say-on-pay, as well as appointed Gregory H. Boyce to the role of Independent Chair of the Board of Directors.

Gold Resource Corporation Reports First Quarter 2021 Net Income of $2.5 Million or $0.03 per Share on Revenue of $27.3 Million

Allen Palmiere, President and CEO, said “Our operations team continues to demonstrate their ability to be nimble and disciplined operators all while focusing on excellent environmental, social and governance practices. For the seventh consecutive year, the Don David Gold Mine earned the prestigious Empresa Socialmente Responsable award from the Mexican Center for Philanthropy.”

Alamos Gold Reports First Quarter 2021 Results

“We had a strong start to 2021 with gold production exceeding guidance for the quarter. Our Canadian operations performed particularly well, with Young-Davidson ramping up to record mining rates and yet another quarterly production record at Island Gold,” said John A. McCluskey, President and Chief Executive Officer.

Coeur Reports First Quarter 2021 Results

“Our first quarter results were in-line with our expectations driven by strong gold production performance across our portfolio of assets, which led to double digit year-over-year increases in quarterly revenue, adjusted EBITDA and operating cash flow before changes in working capital,” said Mitchell J. Krebs, President and Chief Executive Officer.

Equinox Gold Completes Sale of Solaris Shares

Equinox Gold Corp. is pleased to announce that the Company has completed its previously announced sale of ten million shares of Solaris Resources Inc. (TSX: SLS), for gross proceeds to the Company of C$82.5 million.

MAG Silver Reports First Quarter Production From Juanicipio

“We’ve now successfully milled approximately 108,000 tonnes of development material at the Fresnillo plant since early August of 2020 generating cash-flow to help offset capex, gaining valuable metallurgical understanding, and providing confidence for the high stope grades expected once full scale mining production commences” said George Paspalas, MAG Silver’s President and CEO.

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.

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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.