Almaden Minerals (TSE:AMM) saw its shares advance Monday after the company announced final drill results to included in its maiden resource estimate for the Ixtaca property.
Oroco Resource Corp. announces that it has entered into a Term Sheet with Waterton Global Value L.P. whereby Waterton has committed to provide a secured $5 million convertible debt facility to Oroco.
International Millennium Mining Corp. reports its 3rd Quarter 2012 financial statements and MD&A for the Quarter ended September 30, 2012 (BC Form 51-102F1). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report.
Pan American Goldfields Ltd. is pleased to announce the production results for the last two months of operation at its 80% owned Cieneguita project, Chihuahua, Mexico. The Cieneguita project is currently being operated on a pilot basis under an agreement between The Company and Minera Rio Tinto, a private Mexican company. The terms of the agreement were recently re-negotiated as discussed in The Company’s release on September 12th -2012. The Cieneguita project as operated by MRT produces a bulk sulfide flotation concentrate or pre-concentrate at the Cieneguita plant. This concentrate is then shipped to Choix where it is treated to produce a lead concentrate that contains the majority of the valuable metals gold and silver. This lead concentrate is then sold under contract to Trafigura who then ships the concentrate to various smelters for final metal recovery.
NWM Mining Corporation announced today that Mr. John Van De Beuken has resigned as the COO of the Company following the completion of the initial commissioning phase for the Lluvia de Oro project. He will remain as a director of NWM.
Energold Drilling Corporation, a leading worldwide operator and manufacturer of mineral exploration and energy drilling rigs, today announced the appointment of Mr. Craig Geier as Managing Director, Dando Drilling Services, effective immediately. DDS is an affiliate of the Company’s wholly owned rig manufacturer Dando Drilling International based in the United Kingdom and will be initiating the Energold Groups global water drilling services business segment. Mr. Geier was previously the Company’s Chief Financial Officer and Vice President of Corporate Development. In parallel with Mr. Geier’s appointment, the Company has appointed Mr. Steven Gold as interim CFO, who was previously Director — Corporate Development. The Company has initiated an external search for a permanent replacement of the Chief Financial Officer.
Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce that the Board of Directors has appointed Mr. Brendan Cahill to the position of President of the Company. Mr. Peter Crossgrove will continue in his roles as Executive Chairman and Chief Executive Officer.
El Tigre Silver Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for an aggregate of 8,908,000 units of the Company for aggregate gross proceeds of $2,227,000. Each Unit consists of a common share of the Company and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.38 per share, provided that, if over a period of 20 consecutive trading days after the expiry of the hold period on the warrants, the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange (or such other stock exchange on which such shares are listed) is greater than $0.50, then at the Company’s discretion, it may, within 10 days of such 20 day period, accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Great Panther Silver Ltd (GPL) Q3 2012 Earnings Call November 15, 2012 10:00 AM ET
New Gold Inc. today announces the closing of its private offering of $500 million aggregate principal amount of 6.25% Senior Notes due 2022. New Gold intends to use the net proceeds of the Notes for general corporate purposes.
Mexico Mining Center © 2021 / All Rights Reserved
