Author: Josue Gomez

AuRico Metals Announces Change to Board of Directors

AuRico Metals Inc. today announced that Scott Perry has resigned from his position as executive Chairman, as he takes on the CEO role with a large gold mining company. Mr. Perry will remain a member of the AuRico Metals Board of Directors. Richard Colterjohn, previously an AuRico Metals Director, has been appointed non-executive Chairman of the Board.

DynaResource de Mexico, S.A. de C.V. Awarded Damages of $ 48 M USD Against Goldgroup Resources Inc.

DynaResource de Mexico SA de C.V., the 100% owner of the San Jose de Gracia Project, located in the County of Sinaloa de Leyva, State of Sinaloa, Mexico, announces that it has been awarded in excess of $48 M USD in damages from Goldgroup Resources Inc. on October 05, 2015, by virtue of a Sentencia Definitiva issued by the Thirty Sixth Civil Court of the Superior Court of Justice of the Federal District of Mexico (Tribunal Superior de Justicia del Distrito Federal), File number 1120/2014. The Definitive Sentence included the considerations and resolutions by the Court, and in addition to the Goldgroup Damages, additional Resolutions were also ordered in favor of DynaMexico.

Capstone Mining 2015 Third Quarter Production Results

“Production for the third quarter met our expectations and we remain on track to meet our overall 2015 production guidance, with Minto operating above expectations for the quarter and Pinto Valley and Cozamin overcoming earlier production challenges,” said Darren Pylot, President and CEO of Capstone. “We are particularly pleased that the operational improvements at Pinto Valley are starting to be realized, achieving a monthly throughput record for Capstone in September.”

La otra realidad

Despidos injustificados, maltrato personal, bajos salarios y pésimas condiciones de seguridad es el panorama laboral que prevalece en el entorno minero de Zacatecas, entidad que hace unos días fue reconocida por el Gobierno Federal como ejemplo de producción y desarrollo social en ese rubro

Avino Third Quarter 2015 Production Up 148 % Compared to the Third Quarter 2014

“Avino’s excellent third quarter results underscore the growing strength and quality of our mining operation. We delivered strong operating results and are well positioned to meet management’s production expectations going forward. Refinements in the mill are underway to remove deleterious minerals and improve payables, exploration drilling has commenced at the San Gonzalo mine and deliveries to Samsung are underway. We have positioned the Company for great success for the remainder of the year and years to come,” David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

Oceanus Resources and El Tigre Announce Receipt of Interim Order and Mailing of Meeting Materials

Oceanus Resources Corporation and El Tigre Silver Corp. are pleased to announce that El Tigre has been granted an interim order from the Supreme Court of British Columbia authorizing various matters, including the holding of a special meeting of El Tigre shareholders to consider the previously announced arrangement between Oceanus and El Tigre and the mailing of a management information circular.

Inseguridad Eleva Costos en la Minería, Reprocha Gold Corp

El problema de seguridad y de operación del crimen en el país ha generado costos altos tanto económicos como de empleados, afirmó el presidente de la empresa minera Gold Corp, que opera en Guerrero, Charles A. Jeannes. Durante la entrega de un reconocimiento a la minera en la Trigésimo Primera Convención Internacional Minera, el representante hizo un llamado a las autoridades mexicanas para combatir este problema, pues consideró importante mantener seguros a los trabajadores de la industria. Aunado a ello, el empresario también mencionó retos como la intervención de agentes externos que se oponen a la puesta en marcha de negociaciones, lo que dijo: “nos ha sucedido demasiado”….

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