The funds will be used towards the development of the Camino Rojo Oxide Gold Project located in Zacatecas State, Mexico.
Fresnillo plc recibe por onceava vez consecutiva el premio Ética y Valores otorgado por la Confederación de Cámaras Industriales (Concamin) en el marco de la Reunión Anual de Industriales 2020 (RAI), evento que se llevó a cabo de manera virtual.
La empresa realiza aportaciones para que los habitantes de la región cuenten con los insumos indispensables que garanticen una atención médica de calidad y eficiente.
The net proceeds of the Offering will be used to for the advancement of the Company’s Magino Project and for general corporate purposes.
Ante las dificultades económicas derivadas de la pandemia por Covid-19, el programa incrementó su alcance 81% respecto al ciclo anterior.
During the quarter, 10,053 tonnes of ore were mined at Plomosas, which was higher than the first quarter production of 9,987 tonnes, despite operations being impacted during August by the poor availability of key equipment and spare parts, some of which were due to delayed supply from suppliers and manufacturers who were shut down during the second quarter.
“Despite ongoing challenges related to the COVID-19 pandemic, Agnico Eagle’s operations had strong performance in the third quarter of 2020. Many of our operations set monthly or quarterly production records, which is a testament to the hard work of our employees and the continued support of our local communities in these difficult times”, said Sean Boyd, Agnico Eagle’s Chief Executive Officer.
“We had an excellent third quarter financially and operationally with strong performances at all three operations driving costs significantly lower.”
“We are two months away from the start of a high growth phase for the Company, enhanced by innovation that will see us delivering 40% more production at 20% lower costs by 2023,” said Darren Pylot, President and CEO of Capstone.
The gross proceeds from the offering are expected to be approximately US$150 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Gatos Silver.
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