Chesapeake Gold Corp. announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 65,000 common shares of the Company at an exercise price of C$1.80 per share for a five-year term expiring November 5, 2029.
Ternium S.A. (NYSE: TX) reported its third-quarter and nine-month financial results for 2024, noting strong steel shipments, especially in Mexico, and increasing shipments in Brazil and Argentina. However, Adjusted EBITDA for Q3 was $368 million, reflecting lower margins amid falling steel prices. Net cash decreased to $1.7 billion due to capital expenditures of $446 million, including investments in Mexican expansion and an Argentine wind farm.
“We are very excited that Rob Krcmarov will be Hecla’s new CEO and join the Board,” said Ms. Boggs. “The Board conducted a rigorous selection process to ensure that our new CEO has the right experience, vision, and leadership to guide Hecla forward, and that is Rob.”
Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 3,181,818 units of the Company at a price of $0.055 per Unit for aggregate gross proceeds of up to approximately $175,000.
John MacKenzie, CEO of Capstone, commented, “The third quarter marked an important step in the transformation of our business, with tangible delivery on our peer leading growth. Our operations in Chile exhibited meaningful milestones at both our flagship Mantoverde Development Project (where we achieved commercial production) and at Mantos Blancos (which has now demonstrated that it is capable of delivering its nameplate capacity). We expect Q4 to be our strongest quarter of the year, providing a glimpse of the future Capstone with a larger production base and lower unit operating costs.
Capitan Silver Corp. has appointed Fernando Alanís Ortega, former CEO of Industrias Peñoles, to its Board of Directors. Alanís brings over 30 years of mining experience and will support Capitan’s strategic goals, especially for its Cruz de Plata project in Mexico. He was also a past President of CAMIMEX.
Defiance Silver Corp. announces the extension of the San Acacio Silver Project option agreement and the acquisition of an additional six licenses at its Tepal project as part of the company’s exploration program.
“We are excited to report record financial results for a fourth consecutive quarter. Our focus on operational performance, cost control and capital discipline has allowed us to deliver the leverage to record gold prices to our shareholders. This quarter we repaid $375 million of debt, increased our cash position and continued to provide strong returns to shareholders,” said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.
Orogen Royalties held its Annual Meeting, where all proposed resolutions were approved, confirming the company’s ongoing commitment to organic royalty development.
Radius Gold successfully raises CAD $580,500 through a private placement, advancing its ongoing exploration initiatives with solid investor backing. Each unit issued includes a common share and a warrant, reflecting Radius’s commitment to growth and stakeholder value.
Mexico Mining Center © 2021 / All Rights Reserved
