That comes as electric vehicle sales in China – the world’s largest EV market – fell nearly a third in September amid sliding government subsidies, the third consecutive monthly decline, according to Jefferies.
Teck Resources Limited announced today that it will pay an eligible dividend of $0.05 per share on its outstanding Class A common shares and Class B subordinate voting shares on December 31, 2019, to shareholders of record at the close of business on December 13, 2019.
Rodrigo Barbosa, CEO of Aura, comments: “I am proud to announce these record-high operational results, which are based on our hard work on restarting Aranzazu, stabilizing San Andres and EPP, and a more favorable gold price in addition to our efforts on achieving operational excellence. I thank all our team for this outcome.”
The Offtake Agreement with Penoles covers the sale of zinc concentrate to 31 December 2020, with 100% of zinc concentrate to be sold to Penoles Met-Mex smelter located in Torreon, Mexico, with the zinc treatment charge set to the international benchmark.
Henk van Alphen, Wealth’s CEO, stated, “The team at Wealth is working diligently to maximize opportunities for the Company. Wealth Copper’s launch as a public company listed on the TSX Venture Exchange is progressing and expected to be imminent, we are realizing value for non-core assets such as the Yanamina gold project, and we have been tenacious in advancing the Valsequillo silver project…”
Technical Director of Alien Metals, Bill Brodie Good, commented that “the initial assay results and geological information from the technical due diligence field trip are highly encouraging. Of the 17 samples taken across the two projects, numerous assays returned greater than 60%+ Fe, which is direct shipping ore quality, and the brief geological mapping carried out further enhanced the perceived potential of both projects.”
Greg Crowe, President and CEO commented: “This gradient magnetic survey has been very successful in not only outlining previously known vein systems, but has identified several other structural and geological features that may be important with respect to finding new areas of mineralization. It will also help in understanding the genesis of the mineralizing system.”
“This year we’ve launched the final stages of development of the Juanicipio mine. ” said George Paspalas, President and CEO. “We’re opening up more areas underground, including production cross-cuts through the vein, surface construction has commenced in earnest and every day sees more mill components arriving to site. “
San Marco also announces the appointment of Sharyn Alexander to the position of Vice-President, Technical Services. Sharyn holds a M.Sc. (Geology) degree from the University of Toronto and prior experience includes positions at B2Gold, Barrick Gold (Australia), and SRK Consulting.
Orex intends to use the net proceeds of the Offering to maintain its 40% share of the Sandra-Escobar Project in good standing and fund its 40% share of the upcoming work program, to make the necessary payments under its existing option to acquire 100% of the Cordero Project, and for general corporate and working capital purposes.
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