Coeur Mining, Inc. today announced the completion of three initiatives to bolster its liquidity and materially enhance its balance sheet flexibility as it advances the transformational expansion of its Rochester silver and gold operation in Nevada.
“Recent drill success has put us in a favourable position as we continue to expand and define the extent of the mineralized system at Pilar.”, commented CEO, Brodie Sutherland. “These funds will ensure continued advancement of Pilar along with exploration at El Picacho to define drill targets.”
Carlos Silva, CEO of Santacruz, stated, “During 2021 the Zimapan and Rosario mines generated a gross profit of US$10.3 million as compared to US$1.0 million in 2020, however; a one-time administration expenses and Mexican income tax-based adjustments resulted in an overall consolidated net loss of US$11.6 million. Production for silver, zinc and copper, increased in 2021 when compared to 2020.”
Oroco Resource Corp. announces that pursuant to the Company’s Stock Option Plan and subject to approval by the TSX Venture Exchange, the Company has issued a total of 6,850,000 incentive stock options at an exercise price of $2.05 per share with a term of three years.
Riverside’s President and CEO, John-Mark Staude: “We are delighted Wendy has joined the diverse Riverside Resources board and brings a passion and skill for major transactions and corporate growth which fits with Riverside’s overall push to move along the discovery and mineral development pipeline with its copper, gold, silver and other assets.”
“It gives me great pleasure to welcome Janet to the Empress team as Chief Financial Officer,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty.”
“Today’s announcement propels Sandstorm forward in both size and scale while solidifying Sandstorm’s position amongst its peers as the highest-growth streaming and royalty company.”
Golden Minerals Company announced today that mining operations executive John Galassini has joined the Company as its Chief Operating Officer, effective May 9, 2022.
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.
Jorge A. Ganoza, President and CEO of Fortuna, commented, “At Fortuna, we remain focused on the production of silver and gold while generating shared value over the long term for our stakeholders through efficient production, mitigation of impacts to the environment and social responsibility.”
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