According to PrivatePlacements.com Mexico led the globe in gold-related financings, with $606 million raised in June alone.
Luis Marchese, CEO of Sierra Metals, commented: “I am very pleased that we are restarting operations and production at Cusi. The improved silver metal price provides for greater cash flow potential from Cusi, contributing to revenue for the Company. The management team expects to continue ramping ore throughput up to the targeted rate of 1,200 tonnes per day by the end of the year, and we have plans to update studies in the second half of the year for the next phase of Cusi.”
Colibri Resource Corporation is pleased to announce that it has received notice from its partner, Silver Spruce Resources that Phase 1 ground exploration program on the El Mezquite Gold Project will commence during the first week of August 2020.
Pete Dougherty, President and CEO stated: “We continue to intersect high-grade gold and more importantly, we are seeing promising high-grade continuity within the Elbow Zone where we have now tightened drill spacing averaging between 40 metres and 50 metres in two areas. We are anxiously awaiting results from Phase Two drilling in the Central Zone where, like results from the Elbow Zone, we continue to encounter visible gold.”
“Our purpose is to contribute to the wellbeing of people, through the sustainable mining of silver and gold – and this has guided all our decisions throughout the COVID-19 pandemic.”
Greg Crowe, President and CEO of Silver One commented: “Despite the onset of COVID19, we have been able to continue our exploration of the Phoenix Silver Project while adhering to COVID19 restrictions and regulations.”
Candelaria Mining Corp. announces the grant of incentive stock options pursuant to its stock option plan, to directors and officers of the Company, to purchase up to an aggregate of 2,250,000 common shares of the Company at a price of $0.30 per share expiring five years from the date of grant.
En cada una de sus operaciones, Fresnillo plc cuida la salud de sus colaboradores con una serie de actividades médicas y sanitarias multidisciplinarias dirigidas a fomentar una cultura de prevención y control de enfermedades, y la eliminación de factores de riesgo en el trabajo.
La minera mexicana, subsidiaria de Fortuna Silver Mines, no ha encontrado relación alguna entre su operación y las presuntas afectaciones en dos pozas de agua dedicadas a pastoreo en la comunidad de Magdalena Ocotlán
Candente Gold Corp. advises that it has applied to the TSX Venture Exchange for approval to extend the exercise period of a total of 5,000,000 outstanding share purchase warrants issued pursuant to the private placement completed on August 12, 2016.
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