Geologix Explorations Inc. is pleased to announce that its $2,000,000 unit private placement announced June 28, 2012 was oversubscribed and a total of $2,502,000 was raised.
Arco Resources Corp. announces that it has extended the expiry date of its unexercised share purchase warrants, issued August 3, 2010 to February 3, 2013. The extension, which is subject to the approval of the TSX Venture Exchange, applies to the 5,500,000 Warrants still outstanding, which have an exercise price of $0.10 each.
Elgin Mining Inc. is pleased to announce the appointment of Mr. James A. (Jim) Currie as Chief Operating Officer, effective August 1, 2012.
Baja Mining Corp. reports that Stephen Lehner and Ken Murphy have resigned from Baja’s board.
Kimber Resources Inc. today announced two new appointments to its management team: David (Dave) Hembree as Vice President, Exploration and James (Jim) McKay as Vice President, Project Development for the Monterde Project, as well as the resignation of Mr. Currie as COO.
Mexican precious metals producer Fresnillo PLC (FRES.LN) expects mining cost inflation at 7%-8% this year due to higher costs for imported goods such as explosives and higher local costs such as labor and diesel, the company’s chief executive said Tuesday.
Southern Copper Corporation announced today a quarterly dividend of 24 cents per share of common stock, payable on Aug 28, 2012, to shareholders of record at the close of business on Aug 15, 2012.
Riverside Resources Inc. announces that it has acquired ownership of and control over 1,550,388 common shares of Sierra Madre Developments Inc. representing approximately 2.18% of the issued and outstanding common shares of Sierra Madre. As a result, Riverside now has ownership and control over 8,409,656 common shares of Sierra Madre, representing approximately 11.8% of Sierra Madre’s issued and outstanding shares.
Fortuna Silver Mines Inc. is pleased to announce the appointment of Mr. Robert Brown as Vice President of Corporate Development effective August 1st, 2012.
Agnico-Eagle Mines Ltd announced its financial results for the three and six months ended June 30, 2012. Net income of $43.3 million or $0.25 per share was reported for 2Q, compared to $68.8 million net income or $0.41 per share for 2Q 2011. For the first six months of 2012, net income was $121.8 million or $0.71 per share, compared to $114.1 million or $0.68 per share for the first six months of 2011. Revenues for the first six months of 2012 were $390.6 million, compared to $337.6 million for the same period in 2011.
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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.
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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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