Author: Douglas Coleman

Former Project Director Sues Newmont Mining Corp.

“We will not comment on the specifics of any lawsuit pertaining to our COVID-19 vaccine requirement, other than to state that both CC&V and Newmont fully complied with the law with respect to the vaccine requirement,” said Katie Blake, sustainability & external Relations Manager for Newmont’s Cripple Creek & Victor Gold Mining Co.

Teck Announces Full Sale of Steelmaking Coal Business

“This transaction will be a catalyst to re-focus Teck as a Canadian-based critical minerals champion with an extensive portfolio of copper growth projects, unlocking the full value potential of the company,” said Jonathan Price, President and CEO, Teck.

Kootenay Silver Announces Effective Date for Consolidation

Kootenay Silver Inc. is pleased to announce that the consolidation of the outstanding common shares of the Company on the basis of one post-Consolidation Common Share for every ten pre-Consolidation Common Shares is anticipated to be made effective for trading purposes on Tuesday, November 14, 2023.

Coeur Reports Third Quarter 2023 Results

“Our overall gold production increased 15% quarter-over-quarter while costs applicable to sales per ounce of gold declined by 13%, which led to a 38% increase in adjusted EBITDA,” said Mitchell J. Krebs, President and Chief Executive Officer. “This production growth was driven by an 87% increase at our Kensington gold operation in Alaska and a 16% increase in gold production at our Palmarejo gold-silver mine in northern Mexico.”

Minaurum Appoints Dr. Ruben Padilla to Board of Directors

Darrell Rader, President & CEO of Minaurum, stated, “We are very pleased to have Ruben join the Board of Directors. Ruben is a top tier geologist and was highly regarded by his close friend and co-founder of Minaurum, David M. Jones. We look forward to applying his technical expertise to Minaurum’s exploration efforts in Mexico.”

Prime Announces More High-Grade Drilling Results from the Z-T Area at Los Reyes

Prime Mining Corp. Chief Executive Officer Daniel Kunz commented, “The drill results released today continue to extend the high-grade plunge at the south-east end of the Z-T Area, known as Tahonitas. Today’s results, along with previously released holes in this area, have extended mineralization approximately 250m down-dip from the May 2023 resource pits. We are excited by how the mineralization in this area is developing and continue to drill Z-T as part of our success-based drill program.”

Fortuna reports record production and financial results for the third quarter of 2023

Jorge A. Ganoza, President and CEO, commented, “Fortuna has delivered record production and financial results for all its key metrics driven by the first full quarter contribution of our flagship Séguéla gold mine.” Mr. Ganoza continued, “Compared to the first half of the year, the reduction in our consolidated all-in sustaining cost to $1,312 is primarily the result of Séguéla’s industry leading AISC of $788 per ounce, abating inflation, optimization initiatives across the business, and higher gold production at the Yaramoko mine driven by new high grade zones.”

We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.

All News

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.