Category: Exploration and Development

Gold Resource Corporation today announced high-grade mineralization at its Alta Gracia property with drill intercepts including 5.06 meters of 1.53 grams (0.05 ounces) per tonne gold and 1,383 grams (44 ounces) per tonne silver. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned over $101 million to shareholders in monthly dividends since commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

El delegado de la Secretaría de Gobernación, Adolfo García Morales, admitió hoy que ha sido “tortuosa” la negociación con Grupo México para el pago de indemnizaciones a damnificados por la contaminación minera de los ríos Sonora y Bacanuchi.

Since completing the acquisition of Mil-Ler, the owner of the NevMex Iron Ore project in Mexico, Tonogold has been developing and formulating various strategies in light of the current weak environment for iron ore. The NevMex project has remained on care-and-maintenance during this period, at minimal holding cost and in doing so we are not suffering from operating losses being incurred by other producers as a result of the low iron ore price.

A 5 meses de la peor tragedia ecológica en Sonora provocada por el derrame de más de 40 mil metros cúbicos de ácidos y químicos de la minera Buenavista del Cobre ocurrida el pasado 6 de agosto, hoy las víctimas de la negligencia deambulan errantes en Palacio de Gobierno y en las delegaciones federales sin ser atendidos…

Mexican mining company Industrias Peñoles announced on January 5th that it was suspending operations at its Naica lead, zinc and silver mine in Chihuahua state in the wake of flooding last week.

Further to its news release dated July 2, 2015, the Company is pleased to report that initial metallurgical test work on samples taken from the Cinto Colorado leach/precipitation/flotation tailings located in Santa Rosalia, adjacent to the Boleo mine site, have yielded positive results. The Company engaged Met-Solve Laboratories in Langley, BC to undertake and coordinate the testing, which was supervised by Dr. Dreisinger, with Dr. Thomas Glück, the former Director of Process Technology at Baja and a co-author of the 2010 Boleo Technical Report, as project manager.

Mexico-focused mineral explorer Azure Minerals has inked an agreement with the Mexican subsidiary of Canada’s Teck Resources to acquire the Alacrán copper project, in the Mexican state of Sonora.

La Minera Frisco, propiedad de Carlos Slim Helú, suspendió por completo el proyecto más importante en la región de San Francisco del Oro de explotación de minerales de oro y plata a tajo abierto y con una capacidad de procesamiento de mil toneladas por día, para el cual se anunció una inversión de más de 500 millones de dólares.

Paramount Gold and Silver Corp. announced today that assays from six new core holes drilled into the Dana Vein have intercepted gold and silver mineralization. The Dana target, discovered by Paramount earlier this year, is strategically located between the high grade Don Ese deposit and Coeur Mining’s Guadalupe mine which is just 800 meters to the west.

Santacruz Silver Mining Ltd. reports that during the weekend at its Rosario Mine in San Luis Potosi, Mexico, a pipeline connecting the Rosario Mine tailings impoundment to a secondary settling pond ruptured and as a consequence water and some tailings material were discharged outside of the tailings treatment system. The Company has notified all appropriate regulatory and governmental authorities.