El subsecretario de Medio Ambiente, Juan Carlos Morales, precisa que la minera Frisco únicamente está haciendo un diagnóstico para evaluar si inicia o no operaciones en el sitio
Total of 323,396 tonnes processed in the second quarter of 2012 compared to 37,408 tonnes in the same period of 2011. Total silver (“Ag”) production of 670,705 ounces (“oz”) in the second quarter of 2012 compared to 63,942 oz for the same period of 2011.
Santacruz Silver Mining Ltd. is pleased to announce an update regarding its activities in Mexico at the San Felipe project, including an initial independent National Instrument 43-101 Mineral Resource estimate. The Mineral Resource estimate was completed by Kelsey Zabrusky under the supervision of Zachery Black SME-RM and Donald E. Hulse PE and SME-RM, of Gustavson Associates, LLC, both of whom are independent “qualified persons” under NI 43-101.
Aura Minerals Inc. announces that Mr. J. Britt Reid has departed as Executive Vice President and Chief Operating Officer effective July 13, 2012. The Board of Directors and Management thank Mr. Reid for his contributions to the Company over the past three years and wish him success in his future endeavours.
Arian Silver Corporation a silver exploration, development and production company with a focus of projects in the silver belt of Mexico, announces its wholly owned subsidiary, Arian Silver de Mexico SA de CV is in dispute with the owner of the toll mill which is contracted to process ore from the trial mining operation at the San José mine in Zacatecas State in Mexico; this has resulted in the suspension of milling operations. Detailed discussions to resolve the dispute are under way.
Minera Meteoro. Grupo Frisco: El incremento de la exploración, a finales de diciembre de 2011, en las más de 10 mil hectáreas concesionadas a la empresa puso en alerta a los habitantes del municipio, quienes constituyeron una organización para frenar la extracción de oro y plata.
In May, Baja retained BMO Capital Markets to assist in considering financing options and possible sources of funding. Non-disclosure agreements were signed by a number of interested parties, who were granted access to Baja’s data room and attended management presentations. A draft independent engineering report prepared by SRK was recently provided to parties participating in the BMO process.
Endeavour Silver Corp. and AuRico Gold Inc. are pleased to announce that they have completed the acquisition by Endeavour of 100% interests in AuRico Gold’s El Cubo silver-gold mine in Guanajuato State, Mexico and the Guadalupe y Calvo silver-gold exploration project in Chihuahua State, Mexico. Total consideration paid at closing by Endeavour was US$200 million comprised of US$100 million in cash and US$100 million in Endeavour common shares (11,037,528 shares). AuRico will also be entitled to receive up to an additional US$50 million in cash payments from Endeavour conditional on the occurrence of certain events during the next three years. Endeavour will provide more details on its plans for El Cubo and Guadalupe y Calvo next week.
Great Panther Silver Limited reports second quarter (“Q2”) production results from its two wholly-owned Mexican silver mining operations, Guanajuato and Topia.
Timmins Gold Corp. Further to its news release of June 21, 2012, the Company is pleased to announce it has closed the amendment to its C$18 million credit agreement with Sprott Resource Lending Partnership.
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