Category: Investor’s Corner

“The San Rafael mine successfully increased mining and milling rates by almost 15% during the quarter and we expect further increases in the third quarter as it continues to ramp up the mill to capacity,” said Darren Blasutti, President & CEO of Americas Silver. “These increases allowed the Company to continue to drive down its industry-leading cash costs and AISC when compared to both last quarter and last year, despite lower than expected production from the Galena Complex. Now that the necessary repairs at Galena have been successfully completed in the second quarter, we can continue to execute our operational plan for the remainder of the year.”

Peñasquito, de la empresa Goldcorp, encabezó la lista de las 10 minas de oro más grandes de México en 2017, de acuerdo con datos de la Cámara Minera de México (Caninex).

Mr. Salvador Garcia, P. Eng., stated “Many positive developments over the past year at San Martin are coming to fruition. Our planning and development, coupled with a focus on operational excellence, have opened new zones like Cuerpo 28 and San Jose 2. Our team has done an excellent job through the process and we look forward to continually transferring resources to reserves and finding new structures.”

Minas La Herradura y Saucito, distinguidas por mejores prácticas

“Challenging market conditions have led us to take the decision not to proceed with the placing at this stage,” said CEO Peter Becker.

Mammoth Resources Corp. (TSX-V: MTH) would like to correct an error in the press release issued earlier today. The release inadvertently reported under the heading “Other Corporate News”, first paragraph, having issued: “1,8400,000 common shares” of the Company as part of a debt settlement, whereas this should have stated the Company issued “1,840,000 common shares” of the Company. Mammoth apologizes for any confusion this may have caused any readers.

“We are pleased with our second quarter production results, our silver equivalent production increased by 6%, because our copper production increased by 31%.” said David Wolfin, President and CEO. “We will continue to process historic stockpile material through Mill Circuit 4 until the end of the year, and then we anticipate transitioning to processing newly-mined mill feed from the San Luis area of the Avino Mine.”

Grupo México secured a $37 Million and a $147 Million Loans with HSBC.

El conglomerado industrial Grupo México acordó con HSBC dos préstamos, unolocal por USD 37 millones, y otro internacional por USD 147 millones, para refinanciar los pasivos que la organización mantiene con la entidad financiera.

Igor Gonzales, President, and CEO of Sierra Metals commented: “I am very pleased with our Q2 2018 production results which include record consolidated ore throughput, and notable increases to the consolidated payable production of silver, copper, zinc, and gold. The Company continued its strong performance and built upon the first quarter’s solid production results. Our strong performance this quarter is attributed to sequential, record production at both the Yauricocha and Bolivar mines where we continue to obtain the benefits of successful operational improvement programs. Furthermore, a strong increase in tonnage at Cusi was noted in the second quarter, and the Company is reaping the rewards of a successful turnaround program and the refocusing of the Mine’s production to the Santa Rosa de Lima zone, which boasts higher grades and increased widths.