Proceeds of the financing will be used for ongoing exploration and drilling activities at the Candelaria Silver Project, additional exploration activities to further define the high-grade silver-gold-copper vein systems at the Company’s Cherokee Project and to explore for very high-grade targets at the recently acquired Phoenix Silver project.
The net proceeds from the offering shall be primarily used for further exploration of Silver Tiger’s El Tigre silver property located in Sonora, Mexico and for general and administrative expenses.
The Company intends to use the net proceeds of the unit private placement to conduct exploration work on its Tombstone CRD silver-gold-lead-zinc-copper project in Arizona and its Cervantes Porphyry gold-copper project in Mexico, and for general working capital purposes.
Freeport-McMoRan Inc. announced today that it has commenced cash tender offers to purchase a portion of its outstanding 3.55% Senior Notes due 2022, 3.875% Senior Notes due 2023 and 4.55% Senior Notes due 2024 for an aggregate purchase price up to $800 million.
The offering is being made pursuant to an effective shelf registration statement filed with the SEC.
Trabajadores de la empresa Fresnillo PLC acusaron a Carlos Pavón, dirigente del Sindicato Nacional Minero Metalúrgico Frente, de ordenar actos de provocación y agredir a integrantes del Sindicato Nacional de Mineros Independientes, quienes este sábado pretendieron colocar una ofrenda floral en el monumento al minero, ubicado en la cabecera de ese municipio.
Mexus Gold US announced that the company satisfied a $57,000 note payable by way of conversion.
The Company announces that it has accepted the resignation of Curtis Turner as Chief Executive Officer and Director.
On closing of the Transaction, each of the Alacer issued and outstanding common shares will be exchanged for 0.3246 of an SSR Mining common share.
Subject to the receipt of all regulatory approvals, the Company will issue 4,014,998 Units, each Unit consisting of 1 common share and 1 common share purchase warrant, each warrant being exercisable at $0.10 for 24 months, for gross proceeds of $301,125. Proceeds from the financing will be used to fund drilling at the Tabasquena project near Ojocaliente, Mexico and for general corporate purposes.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
