Arco Resources Corp. announces that it has entered into a purchase and sale agreement dated May 24, 2013 with Highlander Overseas Inc., a private company incorporated in the West Indies. Under the Agreement, Arco has agreed to sell Highlander a 100% interest in Arco’s Tres Hermanas, La Luna and Predilecta properties (the “Properties”) located in Oaxaca, Mexico, subject to TSX Venture Exchange approval.
Mercator Minerals Ltd confirms that it has scheduled its next Annual General Meeting of shareholders to be held at 10:00am (Pacific) June 24, 2013 at the Rosewood Hotel Georgia at 801 Georgia Street, Vancouver, BC, Canada. The Company anticipates mailing to shareholders and filing on SEDAR the Notice of Meeting, Information Circular and Form of Proxy and Voting Instruction Form next week. Such materials will state the Company’s intention to do the following at the AGM: (i) propose that the number of directors be set at eight; (ii) nominate the eight existing directors for re-election; (iii) propose the re-appointment of KPMG LLP as auditor of the Company; and (iv) propose the ratification of the Company’s Advance Notice Policy.
El presidente de la Cámara Mexicana de la Industria de la Construcción (CMIC) en Zacatecas, Salvador González García dijo que es insuficiente la obra pública, por lo que se gestiona que los proyectos federales sean asignados preferentemente a empresas locales, además de incentivar una mayor incursión en el sector privado, principalmente en la minería.
Toda una tradición en la industria minera de México lo es Avino, considerada como la primera mina que operó en la antigua zona de Nueva Vizcaya, hoy el Durango moderno.
Despite a looming royalty tax and security issues, CEO Greg Smith at Esperanza Resources says Mexico is “still a great place to be.”
El funcionario federal dio a conocer, por otra parte, que será hasta dentro de unas semanas cuando la Camimex, desgloce los proyectos de inversión que tiene para 2013, aunque se adelantó que serán por 8 mil millones de dólares en todo el País, pues ya hay proyectos en Sonora, Zacatecas, Durango y en las dos Baja Californias.
Elgin Mining Inc. announces the detailed voting results for the election of its Board of Directors, which took place at the Company’s Annual and Special Meeting of Shareholders held on May 22, 2013. The nominees listed in the management information circular dated April 18, 2013 were elected as directors of Elgin at the meeting. Detailed results of the vote are set out below:
La empresa Frisco podría cerrar debido a lo incosteable que resulta tener paradas las labores. En la Minera trabajan unas mil personas. Las pérdidas son de consideración, además al bajar la venta de metales -como la plata-, comienza a no ser atractiva para la minería.
A new 5-percent mining royalty tax passed by the Mexican Congress in April is sending a chill through the country’s mining sector, especially in light of the recent pullback in precious metals prices.
Goldcorp Inc., the worlds biggest producer of the metal by market value, must renegotiate for land at its biggest mine after losing a legal appeal in Mexico.
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