Day: April 25, 2024

Guanajuato Silver Announces Brokered LIFE Offering of Units

Guanajuato Silver Company Ltd. announces a brokered, best-efforts Listed Issuer Financing Exemption private placement consisting of units of the Company at a price of C$0.20 per Unit for minimum aggregate gross proceeds of C$6,000,000 and a maximum of up to C$8,625,000.

Vortex Metals Announces Closing of Upsized Private Placement

“The response to our recently announced financing has been overwhelming. To accommodate several strategic investors, we were pleased to increase the offering and close an oversubscribed financing”, said CEO and President Vikas Ranjan.

Freeport-McMoRan Publishes 2023 Annual Report on Sustainability

Richard C. Adkerson, Chairman and Chief Executive Officer, said, “Our sustainability programs are at the forefront of our daily work and are a critical driver of our long-term success. We have a strong commitment to continuous improvement in the efficiency of our operations, to supporting and developing our global workforce, forging and maintaining partnerships with our host communities, and continually enhancing our transparency with our stakeholders.”

Tocvan Closes First Tranche of Private Placement for $2.1 Million

“We are pleased to quickly close out a significant portion of the placement,” commented Brodie Sutherland, CEO. “The final portion of the placement will remain open while we collect final documentation. We are very excited with the resounding support received from current and new shareholders as we advance our projects.”

Minaurum Discovers Zinc-Rich Carbonate-Replacement (CRD) Mineralization at Alamos

“Recognizing that Alamos hosts CRD mineralization in addition to our existing high-grade silver veins, creates a significant new target for us,” stated Darrell Rader, President and CEO of Minaurum Gold. “While carbonate rocks are known throughout the project area, CRD mineralization has never been directly targeted.”

Newmont Reports First Quarter 2024 Results

“Newmont delivered a strong first quarter operational performance, producing 2.2 million gold equivalent ounces and generating over $1.4 billion in cash from operations before working capital changes,” said Tom Palmer, Newmont’s President and Chief Executive Officer.

Miranda Werstiuk Joins Board of Directors

Guanajuato Silver Chairman and CEO, James Anderson, said, “Having known Miranda for over a decade, I know that with her +30-years of resource-specific financing experience, Miranda will bring an invaluable skillset to Guanajuato Silver just as we are entering a new phase of growth. Miranda’s history of implementing innovative financial solutions in the mining industry, combined with her infinite energy, make her one of the most effective financiers within our industry today.

Frena Actividades Mina San Martín

Este martes, la unidad minera San Martín se declaró en paro luego de que el bloqueo que mantiene la denominada Sociedad Transportista Empresarial de Sombrerete, que exige que se contraten trabajadores locales, afectara la productividad de la mina e impidiera el acceso a la comunidad San Martín.

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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.