Author: Josue Gomez

Aura Silver Closes First Tranche of Private Placement Financing

Aura Silver Resources Inc. announces that it has closed the first tranche of its non-brokered private placement issuing 2,000,000 units for proceeds of $100,000. Each unit consists of one common share and one common share purchase warrant (the “Units”). Each Unit was offered at a price of $0.05 per Unit. Each Unit contains a whole warrant exercisable for a period of two years from the closing of the offering at $0.10 per common share.

Minera Autlán estima alza del 20% en ventas en 2T

La minera mexicana Autlán, la mayor productora de ferroaleaciones del país, informó que sus ventas habrían crecido más de un 20% interanual en el segundo trimestre, impulsadas por el precio del manganeso y un tipo de cambio favorable.

SilverCrest Reports Annual General Meeting Results

SilverCrest Mines Inc. is pleased to announce that the Company’s Audited Consolidated Financial Statements for the year ended December 2011 were received and accepted at its Annual General Meeting held on June 20th, 2012.

Scorpio Mining Updates Mineral Resource at Nuestra Señora

Scorpio Mining Corporation today announced an independent updated Mineral Resource estimate for its 100% owned Nuestra Señora Mine in Sinaloa State, Mexico, completed by Mine Development Associates of Reno, Nevada on behalf of Scorpio Mining. The updated National Instrument 43-101 compliant Mineral Resource estimate was commissioned by Scorpio Mining to allow the Corporation to prepare a development model that allows for better planning, scheduling, and budgeting, taking into account the most recent information available to it and recognizing more appropriately the current understanding of the ore body’s spatial complexity. Scorpio Mining has commissioned MDA to prepare a mine plan based on the resource estimate and other criteria in order to present a reserve estimate which is anticipated around the end of the third quarter or early fourth quarter 2012.

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