Osisko Development Corp. is pleased to announce the appointment of Mr. Stephen Quin, a seasoned mining executive, as independent director to the Company’s board of directors effective immediately.
Ernesto Balarezo, CEO of Sierra Metals, comments, “We are very excited to have reached full capacity levels in Yauricocha, allowing us to operate at higher throughput rates. The latter is reflected in the increased metal production and stronger cost guidance. At Bolivar, we also expect to operate at full capacity throughout the year, despite lower projected grades due to our mining sequencing plan.”
We are very pleased and proud to announce the addition of Ramon Tomas Dávila Flores as non-executive director with immediate effect to Heliostar’s board of directors. Mr. Dávila was most recently President of Guanajuato Silver Co. Ltd.
The purpose of the Meeting is to receive and consider the audited annual financial statements of the Company; re-appoint Davidson & Company LLP as auditor of the Company; authorize the directors to fix their remuneration; elect the directors for the ensuing year; approve the continuation of the Company’s stock option plan; and to consider other business as may properly come before the Meeting or any postponement(s) or adjournment(s) thereof.
Gatos Silver, Inc. today announced the date of a special meeting of stockholders and the filing of its definitive proxy statement in connection with the previously announced Agreement and Plan of Merger with First Majestic Silver Corp.
Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 35,000,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of up to $3,500,000.
DynaResource, Inc. is pleased to announce the successful repayment of its Temporary Additional Credit Line with Ocean Partners Holdings Limited reflecting the Company’s strong financial management and operational progress.
During the month of November, the Company has seen an improvement in production at the Don David Gold Mine as compared to earlier in the fourth quarter. Strategic mine planning succeeded in providing sufficient mining faces, and issues with the filter press and mill have been addressed for the time being. The improved production during the month, combined with high metal prices and the favorable US dollar to peso exchange rate, allowed the mine to operate at slightly better than break-even cash flow during the month.
Bruce Bragagnolo, Regency Executive Chairman stated “We are pleased to welcome someone of Patrick’s calibre to the Regency Board of Directors. His experience with porphyry copper and gold exploration along with his public company credentials will be invaluable to the Company as we advance our flagship Dios Padre project.”
Luca Mining Corp. announces that it has granted an aggregate of 850,000 incentive stock options to our recently hired V.P. Exploration and two other members of our new exploration team in accordance with Luca’s omnibus equity incentive plan.
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