TSX Recovers with Vengeance
August 23, 2023
Stocks in Toronto regrouped in a big way Wednesday, enjoying triple-digit gains, led by resource stocks.
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Stocks in Toronto regrouped in a big way Wednesday, enjoying triple-digit gains, led by resource stocks.
Long-established in the Metals & Mining industry, Golden Minerals Co (AUMN, Financial) has enjoyed a stellar reputation.
Mexican law does not allow companies to operate normally while a strike is in place, the U.S. said in a letter to Mexican officials, arguing workers “are being denied the right of free association and collective bargaining.”
“The Bulk Sample process has been extremely important to the understanding of the surface expression of mineralization at Pilar along with defining a path towards optimal gold and silver recovery.” Stated Brodie Sutherland, CEO. “We are encouraged by the strong heap leach results for gold where the data suggests recovery can be improved through increased leaching solution flowrate over a consistent and longer leaching period.”
Commenting on these results, Chairman and CEO, James Anderson said, “For 40 years Industrias Penoles, the largest mining company in Mexico, mined the Argentina vein at Topia. Remarkably, the vein was not pursued to the east of the district, past a significant fault structure; we are very encouraged by these initial results that indicate production potential within 2km of our mill facility from this long-lived precious metals vein system.”
“Infill and expansionary drilling targeting the southern extent of Napoleon continues to intersect high silver and gold grades on both the main vein and its overlapping splay structures,” commented Michael Konnert, President and CEO. “We have now identified several splay veins branching off the main Napoleon structure located within both the footwall and hanging wall that remain open for future expansion.”
Golden Minerals Company announced today that the NYSE American has accepted the Company’s business plan to regain compliance with the continued listing standards set forth in Section 1003(a)(iii) of the NYSE American Company Guide.
“We’re happy with the results from our additional hundred drill holes in the Main zone at Los Ricos South since our initial July 2020 Mineral Resource Estimate, including todays results. We believe they will prove to be quite impactful on our upcoming updated Resource and Preliminary Economic Assessment,” said Brad Langille, President and CEO.
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.
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.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
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