“As we see great progress on the mechanical installation of the process plant at Juanicipio, the underground mine continues to provide high grade mineralization for treatment at the Fresnillo plant whilst underground production stopes are being configured for higher tonnage later in the year for plant start up” said George Paspalas, President and CEO.
MAG Silver Corp. is pleased to announce that Mr. Tim Baker has joined the Company as a member of the Board of Directors.
Silver Bull Resources, Inc. is pleased to announce it has won a definitive and conclusive decision in its favor in a lawsuit filed by a local mining co-operative called Minera Norteños in relation to the Sierra Mojada project.
Canasil Resources Inc. is pleased to announce that it has entered into a consulting agreement with Mr. James Berard to provide investor relations and communication services and introduce financial professionals to the Company.
“We are pleased to expand the leadership team as we enter a new high-water mark for exploration,” said Brian Penney Silver Spruce Chairman. “Mike’s extensive CFO and mining experience are a great fit for Silver Spruce.”
“In 2020, the Company completed over 156,000 metres of exploration drilling across its operating mines and projects in Mexico,” stated Keith Neumeyer, President and CEO. “A large part of this drilling was focused at our San Dimas and Santa Elena operations, including our key development asset, the Ermitaño project, in order to prepare this high-grade deposit for expected initial production in early 2022.”
Pete Dougherty, President and CEO of Argonaut stated: “The private placement by Ausenco aligns our respective companies, as we work together to advance and unlock value of the Magino project. We are very pleased to have a partner with ‘skin in the game’ as we continue to advance Magino’s construction.”
Almaden Minerals Ltd. is pleased to announce that it has appointed Kevin O’Kane and Alfredo Phillips as independent non-executive members of the Board of Directors, effective immediately.
“With no remaining long-term debt, Torex has never been in a stronger financial position. The markedly enhanced terms our partner Banks have granted through this latest refinancing agreement reflects the strength of our balance sheet and underlying cash flow potential of our El Limón Guajes complex. Importantly, the amended facility allows for greater financial flexibility as we lay the foundation for our future in Morelos and beyond.”
“Our sustainability-linked credit facility further demonstrates Newmont’s unwavering commitment to industry-leading environmental, social and governance (ESG) practices,” said Newmont President and CEO Tom Palmer. “Our sustainability framework is at the core of what we do, and we believe that strong ESG performance is a key indicator of a well-managed business. By aligning our financial performance and our ESG performance, we are holding ourselves accountable to delivering on our purpose to create value and improve lives through responsible and sustainable mining.”
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