Category: Investor’s Corner

Starcore Announces 2nd Quarter Production Results

“In spite of the devastating pandemic which has hit Mexico very hard, our operations are ongoing without major issues. This is mainly due to the discipline of our work force, our management team’s commitment to the health of our workers and the respect for the rules and measures taken by the Mexican Government,” reported Salvador Garcia, Chief Operating Officer of the company.

Odyssey Marine Exploration Reports Third Quarter 2020 Results

“We remain extremely confident in the merits of our NAFTA and TFJA cases, and with this funding we are prepared to take both actions to their full and final conclusions, if necessary. It is unfortunate that we are being forced to fight these legal battles to counter the unlawful actions of Mexico’s previous political administration; actions that have deprived the citizens of Mexico from realizing the substantial societal and economic benefits that the ExO Phosphate Project will deliver.”

Equinox Gold Announces Removal of Community Blockade at Los Filos Mine

Equinox Gold Corp. reports that the community blockade at the Company’s Los Filos Mine in Mexico has been removed and access to the mine has been restored. Los Filos has begun a staged restart and is working toward achieving full operations in December. Workers will resume their duties only after testing negative for COVID-19.

Excellon Reports Third Quarter 2020 Financial Results

“This quarter was one of our best in years, with record tonnage, excellent metal recoveries and solid cost reductions, all in a rising metal price environment,” stated Brendan Cahill, President and CEO.

Great Panther Temporarily Suspends Operations at Topia

Great Panther Mining Limited has temporarily suspended operations at the Topia mine in Mexico due to the detection of COVID-19 among the workforce. The health and safety of employees, contractors, and host communities remains a priority.

Telson Finalizes Trust Agreement with Trafigura Mexico

“After a thorough process, Telson and Trafigura have established a Mexican trust mechanism which secures Trafigura’s loans. This now allows Telson to rapidly advance funding plans to secure the necessary capital to complete the construction of its partially built Tahuehueto gold mine project.” states Ralph Shearing, CEO…

Aura Minerals Releases Its Third Quarter 2020 Financial and Operational Results

Rodrigo Barbosa, CEO of Aura, comments: “We at Aura are very pleased with both our quarterly results and the new trajectory for the company. Not only did we start this quarter with a successful IPO in Brazil, significantly strengthening our balance sheet and our support base, but also we delivered on our promises: Stronger production, lower cost and continued profit growth.”

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