Agnico-Eagle Mines Ltd., Canadas fifth-biggest gold producer, is outperforming global competitors including Barrick Gold Corp. after overcoming weather conditions at its Arctic mine that sent costs soaring.
Silver Standard Resources Inc. announced today that it has filed a technical report titled “NI 43-101 Technical Report on the Pitarrilla Project, Durango State, Mexico” in compliance with National Instrument 43-101 requirements and in support of the Company’s December 4, 2012 news release announcing the results of the Feasibility Study for its 100% owned Pitarrilla Project. The 2012 Pitarrilla Technical Report is available on SEDAR at www.sedar.com and on the Company’s website at www.silverstandard.com.
Southridge Enterprises Inc. is pleased to announce today that Southridge Minerals, Inc., its wholly owned subsidiary, today announced a cash dividend of $0.0002 per common share, payable on December 28, 2012 to shareholders of record at the close of business December 21, 2012. The dividend represents a payout of approximately 8% of the recently reported fourth quarter net income.
The friendly deal gives First Majestic access to Orko’s large silver deposits in the state of Durango.
United States Antimony Corporation announced its antimony production target for 2013 is as follows:
Cream Minerals Ltd. is pleased to announce that the Company’s Audited Consolidated Financial Statements for the year ended March 31, 2012 were received and considered at its Annual General Meeting held on December 13, 2012.
AuRico Gold Inc. announces that following its receipt of gross proceeds of $750 million relating to the recent sale of the Ocampo mine, the Board of Directors has authorized the making of a substantial issuer bid, pursuant to which the Company will offer to purchase for cancellation up to 36,144,578 of its outstanding common shares for an aggregate purchase price not exceeding $300 million. AuRico anticipates that the Offer will commence on or about December 18, 2012 and be completed in late January 2013, unless extended or withdrawn. The Company intends to fund purchases of Shares pursuant to the Offer from the Ocampo proceeds and has used $128 million of the proceeds to retire its existing debt facility.
Quaterra Resources Inc. today announced that it is seeking TSX Venture Exchange and NYSE MKT approval for a non-brokered private placement offering of up to US $2,275,000 gross proceeds.
McEwen Mining Inc. is pleased to announce that it has strengthened its operations team with the recent hiring of Fernando Aguilar, as Operations Manager (Mexico), Luke Willis, as Director Resource Modeling and Nigel Fung, as Director Mine Planning.
Levon’s management has been working hard to meet the challenges which face our industry, while continuing to ensure that the Company remains in a strong financial position. We have continued to work on de-risking the Cordero project to position it for success going forward. As with all large projects there are challenges along the way, but Levon is meeting them and advancing Cordero.
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.
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.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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