“Randy will be missed as a colleague, friend and contributor to the mining and investment community. We share in the sorrow which his passing brings to all who knew him,” said Jeffrey Clevenger, the Company’s Chairman of the Board.
Bruce Smith, Radius Gold President and CEO, commented: “We were pleased to deploy the joint geological team to initiate our maiden drilling program at Plata Verde. This project has many of the qualities that companies look for when assessing the potential to make a discovery.”
“Following a very successful start-up and ramp-up phase in 2023, the Juanicipio Mine is now operating at steady-state with robust silver grades and operations beginning to benefit from increasing efficiencies,” said George Paspalas, President and CEO of MAG. “With the release of our updated technical report on the horizon, we’re eager to paint an even clearer picture of the exciting future ahead for Juanicipio and MAG Silver.”
Newmont Corporation and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont announced today that they have priced a private offering of $1 billion aggregate principal amount of 5.300% notes due 2026 and $1 billion aggregate principal amount of 5.350% notes due 2034.
Ernesto Balarezo, CEO of Sierra Metals, commented, “We are very excited to have Astolfo join Sierra. He brings a deep passion to the role where he will enhance the strong health and safety standards in place throughout the Company helping us achieve our aim to become best in class.”
CAPITAN SILVER CORP. is pleased to announce that with the support of its large shareholders it intends to raise C$1.5 million, by way of a non-brokered private placement of 10 million common shares at a price of C$0.15 per Share.
American Silver Corp. today announced that the Toronto Stock Exchange has accepted the Company’s notice of its intention to make a normal course issuer bid (the “Bid”) to purchase up to 18,232,990 of its common shares, representing up to 5% of Pan American’s issued and outstanding shares as at February 29, 2024.
James Anderson, Chairman & CEO, said, “The expanded credit facility will provide enhanced financial flexibility as we look to expand production throughout 2024 at all four of our producing silver mines in Mexico.”
The Company restarted mining operations at Velardeña in late December 2023, with the goal of progressively increasing production at the mine during the first half of 2024 until it achieved positive cash flow. The initial performance of the mine and processing plant during the course of the initial several months of production has not achieved the results projected by the Company.
Defiance Silver Corp. announces that it has closed on February 27, 2024 the first tranche of its previously announced non-brokered private placement of units of the Company at a price of C$0.10 per Unit for aggregate gross proceeds of C$1,094,000.
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