Capstone Mining Corp. today provided its production and capital expenditure guidance for 2014 for two of its three operating mines, Cozamin and Minto, and its development and exploration projects. Capstone expects to produce 38,500 tonnes (±5%) of copper in concentrates from Cozamin and Minto, slightly higher than 2013 production of 37,500 tonnes.
Scorpio Mining Corporation reports that production from the Nuestra Señora Operations totalled 492,832 silver equivalent ounces in the fourth quarter ended December 31, 2013, and 1,959,113 silver equivalent ounces for all of 2013.
Formation Metals Inc. today announced that the Board of Directors of Formation has reached an agreement, effective January 15, 2014, with Mari-Ann Green, Scott Bending and William G. (Bill) Scales whereby these executives will relinquish their positions as CEO, President, and Executive Vice President, respectively and resign from the Board of Directors.
Orex Minerals Inc. is pleased to announce that it has compiled all available historical data from the Los Crestones Project 100km north of the Sinaloa state capital, Culiacán, Mexico. Work included analysis of previously sampled but not assayed intervals from diamond drilling by the previous owner. Work has now begun on the 2014 exploration programme which is planned to include surface mapping, sampling and trenching and air/ground geophysics in preparation for a campaign of diamond drilling. Community negotiations are continuing and expected to run in parallel with the exploration work.
The Board of Directors of Osisko Mining Corporation has received the takeover bid circular published by Goldcorp Inc. regarding its unsolicited proposal to acquire all of the common shares of Osisko.
El alza de casi 1,000% en el precio del metal atrajo a delincuentes como Los Caballeros Templarios; los grupos criminales se entrometieron en las cuotas compensatorias entre empresas y ejidatarios.
Could Goldcorps (NYSE:GG,TSX:G) hostile takeover bid for Osisko Mining (TSX:OSK) mean the beginning of a fresh round of mergers and acquisitions (M&A) in what has been a quiet market for mining tie-ups? Likely that wont happen right away, but the bid is a sign that the gold majors are starting to shop around after a year spent cutting costs and taking care of their own balance sheets.
Minaurum Gold Inc. is pleased to announce that, further to its news release dated December 20th, 2013, it has completed a second tranche closing on $495,000 of its $1.3 million non-brokered private placement. With its second tranche closed, Minaurum has now raised a total of $870,000. A finder’s fee of 182,000 shares was paid in connection with the second tranche. The securities issued under the offering will be subject to a four month hold period expiring May 16, 2014 in accordance with applicable Canadian securities laws.
Mexican-focused Azure Minerals Limited is pleased to provide an update on drilling operations at the Companys flagship Promontorio Project, located in the state of Chihuahua Mexico.
AuRico Gold Inc. today announces preliminary fourth quarter and annual operational results. All amounts are in U.S. dollars unless otherwise indicated.
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