“Telson is very pleased to have received the cooperation of Trafigura in the negotiations to finalize the Letter Agreement thereby obtaining Trafigura’s waiver to a default under the Loan Agreements”, stated Ralph Shearing, Telson’s President & CEO.
Don Lindsay, Teck President and CEO said: “The global health crisis posed by COVID-19 is unlike anything previously faced by companies, by families, and by communities. The scope and severity of this pandemic requires all of us to step up and do our part.”
Mr. Zaunscherb, commented, “I am very excited to join the Board of Directors of GR Silver Mining at this time. Highlighted by the recent acquisition of the Plomosas Silver Project and recently released high-grade exploration results, the Company is on-track to further the re-emergence of the historic Rosario Mining District in Sinaloa, Mexico. Management deserves credit for assembling this prospective land package while maintaining a robust capital structure in these challenging times.”
“We are excited about the opportunities that we are currently working on and are utilizing this time efficiently to aggressively pursue a number of accretive acquisitions. We look forward to formally pursuing acquisitions once travel restrictions and national lockdowns are lifted.”
“We are pleased to report New Gold’s operational results for the quarter, which are very encouraging when considering the 2-week suspension at Rainy River in the latter part of March as well as the enhanced COVID-19 safety protocols put in place at both operations. At the end of the quarter, we closed a strategic $300 million transaction with the Ontario Teachers Pension Plan, which strengthens our balance sheet and provides additional financial flexibility and enhanced liquidity.” stated Renaud Adams, CEO.
Igor Gonzales, President and CEO of Sierra Metals, commented, “I am very pleased with the strong Q1 2020 production results as shown through an increase in all metals produced versus Q1 2019. This increase takes into account a slowdown in production during the last two weeks in March due to the COVID-19 pandemic.”
“Equinox Gold’s inclusion in both the GDX and GDXJ is a milestone for the Company, reflecting successful execution of our growth strategy,” said Christian Milau, CEO of Equinox Gold. “Listing on the NYSE American and graduating to the Toronto Stock Exchange last year, coupled with the increased scale of the Company following the merger with Leagold Mining this year, have significantly increased the Company’s liquidity and market visibility, bringing additional trading flexibility and value to our investors.”
“La fuerte producción de nuestras tres minas operativas alcanzó 6.2 millones de onzas equivalentes de plata en el primer trimestre, o 9% por encima de nuestra guía suspendida anteriormente”, dijo Keith Neumeyer, presidente y director ejecutivo de First Majestic.
Guerrero Ventures Inc. is pleased to announce the voting results of its annual and special meeting of shareholders held today virtually via a live audio webcast.
“We are pleased to bring the mine back into production, with the emphasis on the health and safety of our people,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “We continue to have no known cases of COVID-19 at any of our operations in part due to our early adoption of measures that protect our workforce and their communities.”
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