“Our Oaxaca Mining Unit’s strong operational results, coupled with our continued ramp up of our Isabella Pearl mine, which recently declared commercial production, resulted in record gold production for the third quarter,” stated Mr. Jason Reid, President and CEO of Gold Resource Corporation.
The company’s net income in the first nine months of 2019 was $543.2 million, compared to net income of $1.2 billion in the first nine months of 2018. The $683.5 million year-over-year decrease was mainly due to lower operating income, partially offset by better financial results and a lower income tax expense.
Arturo Prestamo, Santacruz’s CEO stated, “We are pleased that Minera Cedros has agreed to extend the current expiry date of the Zimapan Mine lease agreement as we expect there will be substantial benefit to the Company from operating the Zimapan Mine during this period while also providing the parties additional time to negotiate the terms of the potential acquisition of the Zimapan Mine by Carrizal.”
Oceanus Resources Corporation announces that it is now live on VRIFY, a platform being used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations.
Oroco Resource Corp. is pleased to announce that the warrant holders from a unit offering completed on April 26, 2018 have fully exercised all 4,500,000 share purchase warrants, providing proceeds to the Company of $720,000.
Alien Metals Limited, the AIM quoted mineral exploration and development company, is pleased to provide shareholders with an update on its due diligence on the Hancock Ranges and Brockman iron ore projects, over which the Company has an exclusive option to acquire 51%.
The Company determined that it did not properly disclose, under International Financial Reporting Standards, the required note disclosure for related party transactions and share capital.
Tocvan Ventures Corp. announces that it has granted an aggregate of 550,000 stock options to directors, officers and consultants of the Corporation, exercisable on or before October 24, 2024, at an exercise price of $0.15 per common share.
Prime Mining Corp. reports it has entered into contractual agreements for marketing, advertising, shareholder engagement and social media communications. The marketing and communication programs will include certain investor relations activities, which will be coordinated by Brisco Capital Partners Corp. and IR Revolution Marketing Corp. and is designed to provide improved visibility for the Company’s current and planned operations.
“Results from our first drill holes suggest the potential to define a significant new zone of mineralization at Stock West . The economic importance is enhanced by being well located right next to our mill and the underground workings of the historic Stock Mine,” commented Sylvain Guerard, SVP Exploration.
Mexico Mining Center © 2021 / All Rights Reserved
