Latin American steel company Ternium SA said Monday it will invest $4.2 billion over the next five years to build a flat steel plant in Mexico to bolster production capacity.
One gold and silver miner that we believe is a near-term takeout target — possibly before the end of 2013 — is Paramount Gold and Silver (PZG). We highlighted this company a few weeks ago and already it has made a powerful move. The primary reasons we believe the majors are looking at Paramount is that they have known advanced NI 43-101 resources of over 100 million ounces of silver and 4 million ounces of gold at their two properties in mining friendly Nevada and the historic Sierra Madre Trend Mexico.
Lincoln Mining Corporation announces its plans to conduct a non-brokered private placement of up to 4,000,000 common shares at a price of $0.05 per share for total proceeds of up to $200,000.
Robert Shapiro, litigation partner and head of the White Collar Criminal Defense Group in the firm Glaser Weil Fink Jacobs, Avchen & Shapiro, was named one of the nation’s most prominent attorneys by the NY Times. His list of high profile cases includes the defense of O.J. Simpson.
Excellon Resources Inc. today reported that an illegal demonstration was held at the Company’s La Platosa Mine in the state of Durango, Mexico by members of the Sindicato Nacional de Trabajadores Mineros Metalúrgicos, Siderúrgicos y Similares de la República Mexicana, affiliated with the United Steelworkers Union, along with members of the Ejido La Sierrita, both of which are advised by the non-governmental organization ProDESC.
Silver Bull Resources, Inc. is pleased to announce the drill results for the fifth batch of drill holes from the underground drill program twinning a series of “long holes” in a high grade silver zone situated at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.
Minera San Jorge S.A de C.V. has announced a response to a September 21st press release from Bandera Gold Ltd., which questions the ownership of MSJ.
Coeur d’Alene Mines Corporation today announced that it expects to appoint Randy Buffington, currently Senior Vice President of Operations, to Senior Vice President and Chief Operating Officer effective January 1, 2013. Mr. Buffington will succeed K. Leon Hardy who will retire from the Company at the end of the year.
The management of Arianne Resources Inc. is pleased to announce the appointment of Mr. Pierre Lortie as Director of the Company and Chairman of the Board. In this new role, Mr. Lortie will assist for the strategic directions of the Company.
Starcore International Mines Ltd. is pleased to announce that Dr. Michael Gunning has been appointed a director of the Company. Already serving as a member of Starcore’s Technical Advisory Board since April, 2012 (see press release of April 18, 2012), Dr. Gunning has been working with the Company and the other members of the technical team in reviewing and evaluating the exploration and development work at Starcore’s San Martin gold mine in Queretaro, Mexico.
Mexico Mining Center © 2021 / All Rights Reserved
