Newmont Goldcorp Corporation announced that the dialogue sponsored by the government of Mexico to resolve issues with a trucking contractor and the San Juan de Cedros community (one of Peñasquito’s 25 neighboring communities) has been suspended and that an illegal blockade has resumed.
La empresa minera Peñasquito, filial del grupo canadiense Goldcorp Inc, entregó a la Secretaría de Gobernación su propuesta a los planteamientos hechos por los representantes ejidales y los dirigentes de empresa transportista CAVA, que le demandaron crear incentivos para la comunidad.
“As the world’s leading gold company, Newmont remains focused on keeping our people safe, while growing our profit margins through operating, technical and financial discipline,” said Mr. Palmer. “We will also generate value for our shareholders by leveraging Newmont’s leading land position and exploration program in favorable jurisdictions to grow our Reserves and Resources.”
Jorge A. Ganoza, President, CEO and Director, commented, “The start of pre-production mining is one of the important milestones of the project as we go into the final stretch of construction…In its first full year of operation, Lindero is planned to produce between 145 to 160 thousand ounces of gold.”
Bacanora Lithium plc, the London traded lithium company, announces that Derek Batorowski has resigned as a Director of the Company and applicable subsidiaries effective 12 September 2019.
Defiance Silver Corp. announces that it has applied for TSX Venture Exchange approval to extend by one year the expiry date of an aggregate of 5,750,001 outstanding warrants (not 6,187,201 warrants as announced September 4, 2019) exercisable at $0.45 per share.
Millrock has retained two projects in Mexico. The first, El Batamote, targets porphyry copper deposits and is situated in a prime belt which also contains two exceptionally large copper deposits, La Caridad and Cananea. The second project, Guadalcazar, is an oxidized, precious metal-bearing polymetallic skarn deposit located in central Mexico.
(Bloomberg) — El mineral de hierro se enfrenta a una larga y lenta caída en los próximos cinco años. Los precios están a punto de
Iron ore faces a long, slow slide over the coming half-decade. Prices are poised to decline over the long term as the impact of weakening demand in biggest buyer China will more than offset gains in consumption seen in other emerging markets including India, according to Citigroup Inc.
Impact Silver Corp. [IPT-TSXV; IKL-FSE] shares rallied Wednesday September 11 after the company announced high-grade silver results from underground drilling at the San Ramon Mine in the Royal Mines of Zacualpan District, central Mexico.
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