Jody Kuzenko, President & CEO of Torex, stated: “With a full year of execution now behind us and 21 months remaining, the Media Luna Project continues to track to overall schedule and budget. At quarter-end, the project was 24% complete across engineering, procurement, underground development, and surface construction.”
Hecla Mining Company announced today that President and CEO Phillips S. Baker, Jr. received this year’s Selwyn Blaylock Canadian Mining Excellence Award. The award, given by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), recognizes an individual who has demonstrated distinguished service to Canada through exceptional achievement in mining, metallurgy, or geology.
Contrary to inaccurate and misleading characterizations in the ARC Proposal which were put forward at a time of critical strategic importance, in the last two months alone Sierra Metals has announced several initiatives that provide evidence of positive operating momentum, improved financial flexibility and a strong commitment to a culture of safety.
Guanajuato Silver chose Micromine Origin, Micromine Beyond and Micromine Nexus due to the comprehensive functionality which has enabled them to replace multiple geological modelling, mapping, and mine design applications with Micromine’s powerful all-in-one solution.
Bear Creek Mining Corporation announces that Mr. Anthony Hawkshaw informed the Company’s board of directors of his intent to retire from the position of Chief Executive Officer of the Company effective June 5, 2023. Subsequently the Board, through its succession planning process, selected Mr. Eric Caba, President and Chief Operating Officer of Bear Creek to assume the role of President and CEO concurrent with Mr. Hawkshaw’s retirement.
Fortuna Silver Mines Inc. reports that a small group of union employees, representing 15 percent of the mine and plant workforce, have illegally blockaded access to the San Jose Mine. As a result, operations at the mine have been temporarily halted.
Agnico Eagle believes that the NCIB will provide a flexible tool as part of Agnico Eagle’s overall capital allocation program and objectives, while generating value for shareholders.
“We look forward to advancing exploration on all three projects in the coming season, starting with drilling at Batopilas based on detailed geophysics, pioneering sampling and detailed structural studies. Then we’ll be following up our 2022 reconnaissance drilling at Medicine Springs with airborne geophysics to help define drill targets for this summer,” said Jorge Ramiro Monroy, CEO of Reyna Silver.
Total gold ounces recovered and sold in 2022 was 11,667 ounces from the Santana Project with inventory on the pad of 6,950 ounces as at December 31, 2022. Primary surface rights agreements were concluded for the development of the Cerro de Oro gold project in northern Zacatecas, Mexico.
The Mexican Congress approved the Mining Reform, with substantial impacts on mining concessions, use of national waters and waste management.
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