Rob McEwen, Chairman and Chief Owner of McEwen Mining, stated I am pleased to say that this financing provides us with the flexibility we need to take advantage of additional opportunities at our operations.
As previously announced in January, leadership of Newmont Goldcorp will feature some of the industrys best talent and most experienced mining executives known for superior operational execution, consistent project delivery and leadership in safety and sustainability, said Gary Goldberg, Chief Executive Officer.
Levon Resources Ltd. announces today, with great sadness, that Ron Tremblay, President, CEO, and Director of Levon, has passed away after a brief illness.
GOLDCORP INC. announced today that it has consented to Newmont Mining Corporation paying a one-time special dividend to its shareholders conditional on the approval of the Newmont resolutions by the Newmont stockholders and the Arrangement resolution by the Goldcorp shareholders relating to the Arrangement, which was previously announced on January 14, 2019. Goldcorp continues to recommend that its shareholders vote in favour of the completion of the Arrangement.
Goldcorp expects that following a positive shareholder vote on the scheduled dates, Newmont could complete the acquisition of Goldcorp as of April 18, 2019.
The securities of Consolidated Zinc Limited will be placed in trading halt at the request of CZL, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 26 March 2019 or when the announcement is released to the market.
Fred Davidson, President & CEO of IMPACT stated, “We look forward to commencing a solid relationship with Samsung, one of the most recognizable brands in the electronics and consumer products world, and providing ethically sourced silver-lead-zinc concentrate which will go into the hands of millions of customers and end-products around the globe.”
We made good operational improvements at Platosa during 2018, though lower metal prices and higher electricity prices during the second half of the year were a significant headwind on the business, stated Brendan Cahill, President and CEO. During 2019, we intend to continue increasing productivity and focusing on cost reduction by accessing lower electricity rates through the private market and improving our milling operation. During Q4, electricity accounted for 38% of our operating cost lowering this input is an important opportunity. In this metal price and cost environment, we simply must do better.
The Company will use the proceeds of the financing to fund a focused drill program at the Cecilia Gold Project, additional project acquisitions and further target refinement on existing projects to advance towards new partnerships.
Solaris intends to use the net proceeds of the Private Placement to advance exploration permitting at its mineral claims and for general and working capital purposes.
Mexico Mining Center © 2021 / All Rights Reserved
