“Construction of the water filtration plant and dry stack tailings facilities is 95% complete. The dry stack facilities will conserve and recirculate water, eliminate risks related to traditional tailings facilities, accelerate reclamation of certain areas of the open pit mine, and extend the life of the operations.”
Orex’s President & CEO, Ben Whiting, said; “It is always an exciting milestone in the advancement of a project to announce the maiden mineral resource estimate. We are very pleased that this first estimate of the Coneto Project exceeds half a million ounces of gold-equivalent.”
“We are very pleased that pre-commissioning has commenced on the process plant, and we have been very impressed with the ability of Fresnillo to manage through COVID and inflationary pressures to be ready for full commissioning in Q4 2021,” said George Paspalas, MAG Silver’s President and CEO.
“Our geophysics in El Favor East shows a significant anomaly which at this point is correlating visually with the mineralization in our drill holes. We’re awaiting the assays as they could significantly impact our upcoming initial resource estimate at Los Ricos North,” said Brad Langille, President and CEO.
“We have seen some limited short term disruption as a result of the new labour reforms in Mexico which has impacted the performance of our Fresnillo and Saucito mines in particular, due to the higher proportion of contractors at those underground mines. However, the combination of continued efficiency measures, the higher volume of ore processed at Herradura, the ongoing contribution of development ore from our Juanicipio project and an increase in silver ore grades at San Julián Disseminated Ore Body, give us confidence in our full year guidance.”
Mithril Resources Ltd is pleased to provide a quarterly update on activities at its Copalquin Gold Silver Project in Mexico for the period ending 30 September 2021.
“Once again I’m very pleased with our Cozamin Mine performance. We exceeded guidance by delivering low cost, record production that distinguishes this operation as a first quartile asset.”
“Drilling at Platosa continues to define and extend high-grade mineralization ahead of production,” stated Jorge Ortega, Vice President Exploration.
Pierre Beaudoin, COO, remarked, “Our team and contractors, fueled by their success to date, continue to make steady progress in safely advancing the construction of the Las Chispas Project. As the Project passes its halfway mark of the construction timeline and capital spend, construction will get into its peak period, and we are increasing our focus on the operational readiness plan in preparation for plant commissioning (expected in Q2, 2022) and production ramp-up through H2, 2022.”
Newmont Corporation today announced that its Board of Directors declared a quarterly dividend of $0.55 per share of common stock, payable on December 28, 2021 to holders of record at the close of business on December 9, 2021.
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