2023 proved to be a pivotal year for Sierra Metals. With a new management team in place and armed with tremendous support from our Board of Directors, we developed and successfully implemented a strategy this year that not only stabilized all aspects of our business, but also put in place a foundation for long-term growth.
Guanajuato Silver Company Ltd. announces that because of a disclosure review by the British Columbia Securities Commission the Company will be providing updates to its National Instrument 43-101 reports.
Eric Caba, President and CEO of Bear Creek, states, “The Restructuring Agreement is a significant part of our strategy to improve the impact of Mercedes on Bear Creek’s financial condition and, by extension, its value to shareholders.”
Goldgroup Mining Inc. has received a letter from the Continued Listing Committee of the Toronto Stock Exchange stating that the Committee has determined to delist the Company’s common shares effective at the close of market on February 16, 2024 for failing to meet the continued listing requirements of the TSX.
Luca Mining Corp. is pleased to announce it has received conditional TSX Venture Exchange approval and closed a debt restructuring and debt transaction previously announced by news release dated December 6, 2023.
“We are very pleased to officially inaugurate our new screening media factory in Irapuato. This milestone is yet another indication of our deep commitment to customer success. The Irapuato region is an important centre of excellence for high-quality products for our mining and aggregates customers. All of our factories are modern and focused on safety, employee wellbeing, and continuous development,” said Alfredo Monreal, Vice President, Sales and Service, Mexico and Central America, Metso.
Ranchero Gold Corp. is pleased to announce that further to its press release of December 27, 2023, its wholly-owned subsidiary Minera y Metalurgia Paika, S.A. de C.V. has entered into a definitive agreement dated January 17, 2024 with Minas de Oro Nacional, S.A. de C.V., a wholly-owned subsidiary of Alamos Gold Inc., for the sale of Paika’s interest in four mineral licenses comprising an area of 5,390 hectares of the Company’s Santa Daniela mineral property located in Sonora, Mexico.
Regency Silver Corp. is pleased to announce that it has completed the first tranche of $622,000 of a previously announced non-brokered private placement of $800,000.
“Our Florida Canyon mine in Nevada and our Mexican mines had a solid year, surpassing the top end of production guidance on a combined basis by 9%. Our newest mine, Magino, met target start date of commissioning the mill in mid-May, however, ramp up of the mine and mill took longer than anticipated, resulting in the Company missing consolidated production guidance by a small margin.”
Fortuna Silver Mines Inc. reports production results for the fourth quarter and full year 2023 from its five operating mines in Latin America and West Africa. For the full year 2023, Fortuna produced a record 326,638 ounces of gold and 5,883,691 ounces of silver or a record 452,389 gold equivalent ounces, including lead and zinc by-products.
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