Author: Josue Gomez

Coeur Announces Key Leadership Changes

Coeur Mining, Inc. today announced that the Company’s Board of Directors appointed Thomas S. Whelan as Senior Vice President and Chief Financial Officer effective January 1, 2019. Mr. Whelan will succeed Peter C. Mitchell, who has served as SVP and CFO since 2013. Coeur today also announced that the Board appointed Terry F.D. Smith as Senior Vice President of Operations. Mr. Smith was previously Vice President of North American Operations and recently replaced Frank L. Hanagarne, Jr. as principal operating officer of the Company. Mr. Smith will be responsible for overseeing all operational functions at each of the Company’s five operating mines in North America.

Goldplay Completes Private Placement

Goldplay Exploration Ltd. is pleased to announce that the Company has closed the final tranche of its non-brokered private placement previously announced on November 19, 2018 and has issued 1,244,166 units for gross proceeds of $273,716.52. Total gross proceeds raised under all tranches of this offering was $1,499,960.

Almaden expects 203 000 oz/y from Mexico precious metals project

“We have advanced Ixtaca from our blind discovery in 2010 to its current position as an outstanding inventory of precious metals in a well-established mining jurisdiction with a very robust economic profile. Significant potential remains to increase resources through continued drilling of portions of the Ixtaca project that remain open as well as other targets on this largely unexplored property. In the meantime, we are looking forward to further developing this deposit through permitting and construction to demonstrate our commitment to modern, responsible mining and the potential for Ixtaca to be a strong economic engine for the company and the region in which it is located,” said Almaden chairperson JD Poliquin.

Aura Announces Commercial Production Declared at Aranzazu

Rodrigo Barbosa, the Company’s President and CEO noted, “Commercial production is a significant milestone for our team that has delivered ahead of schedule and below budget. Our team has great experience and motivation to continue to deliver these kinds of results and I want to personally thank all of our team for their hard work.

Endeavour Silver Reports Positive Surface Drilling and Underground Sampling Results for the Parral Project, Chihuahua, Mexico

Bradford Cooke, Endeavour CEO commented, “With the success of the 2018 surface drilling, underground sampling and metallurgical testing programs, management now views the Parral Project as having good potential to become a profitable new mine. The Parral Project was our second largest exploration expenditure (after Terronera) this year and represents an important part of our growth strategy.

Coeur Provides 2018 Exploration Update

“As a result of our ongoing commitment to high-return, near-mine exploration, and despite a persistently lower metal price environment, we have continued to deliver year-over-year growth in our reserve base since 2014,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer.

Sierra Metals Announces Initiation of Normal Course Issuer Bid with 1.5 Million Share Target

Igor Gonzales commented “Sierra Metals is adopting the NCIB because it believes that its Common Shares have been trading in a price range which does not adequately reflect the underlying value of such Common Shares in relation to the Company’s business and future prospects. Accordingly, the reduction of its share capital that may result from the cancellation of any Common Shares acquired pursuant to the NCIB will increase the proportionate interest of all remaining shareholders of the Company.”

Azure Minerals Ltd. – Drilling Continues to Return High Grades at Oposura

Commenting on the continued success of the ongoing drill program at Oposura, Azure’s Managing Director, Mr Tony Rovira said: “Oposura continues to deliver with exceptional drilling results. The continued success of the resource infill drilling program confirms our strong confidence in the width, grade and internal continuity of the East Zone mineralisation. This drilling will enable the Company to upgrade most of the East Zone Mineral Resource to Indicated status and, thereby, further de-risk the proposed Oposura mining operations.”

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