“We are pleased to expand the leadership team as we enter a new high-water mark for exploration,” said Brian Penney Silver Spruce Chairman. “Mike’s extensive CFO and mining experience are a great fit for Silver Spruce.”
“In 2020, the Company completed over 156,000 metres of exploration drilling across its operating mines and projects in Mexico,” stated Keith Neumeyer, President and CEO. “A large part of this drilling was focused at our San Dimas and Santa Elena operations, including our key development asset, the Ermitaño project, in order to prepare this high-grade deposit for expected initial production in early 2022.”
“Our Mexican operations team has a long and positive history with Trigusa dating back to their involvement with the construction and operations at the El Castillo mine (Castle Gold).” stated Darren Koningen, CEO.
Pete Dougherty, President and CEO of Argonaut stated: “The private placement by Ausenco aligns our respective companies, as we work together to advance and unlock value of the Magino project. We are very pleased to have a partner with ‘skin in the game’ as we continue to advance Magino’s construction.”
“Our drilling at El Orito within Los Ricos North continues to yield exceptional results that we believe will strengthen the initial resource estimate to be released this year,” said Brad Langille, President and CEO. “We continue to invest our free cash flows from Parral into the Los Ricos projects which we believe will create exceptional value for our shareholders.”
Almaden Minerals Ltd. is pleased to announce that it has appointed Kevin O’Kane and Alfredo Phillips as independent non-executive members of the Board of Directors, effective immediately.
“With no remaining long-term debt, Torex has never been in a stronger financial position. The markedly enhanced terms our partner Banks have granted through this latest refinancing agreement reflects the strength of our balance sheet and underlying cash flow potential of our El Limón Guajes complex. Importantly, the amended facility allows for greater financial flexibility as we lay the foundation for our future in Morelos and beyond.”
“Our sustainability-linked credit facility further demonstrates Newmont’s unwavering commitment to industry-leading environmental, social and governance (ESG) practices,” said Newmont President and CEO Tom Palmer. “Our sustainability framework is at the core of what we do, and we believe that strong ESG performance is a key indicator of a well-managed business. By aligning our financial performance and our ESG performance, we are holding ourselves accountable to delivering on our purpose to create value and improve lives through responsible and sustainable mining.”
“With the acquisition and financing behind us, we are eager to move forward with both the Rebeico and GyC projects” stated Jonathan George, Ridgestone’s CEO and Director.
“First Majestic’s commitment to safety, environment, and communities is a core principle of the Company, and it’s continually ingrained in our operations,” said Keith Neumeyer, President and CEO. “Since we began operating in Mexico in 2003, we have always had a socially responsible approach to mining and its responsibilities as the primary employer within our local communities. Our best practices are committed to working safely, and with integrity, while also contributing to local sustainable development.”
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