Category: Investor’s Corner

El Sindicato Nacional Minero Metalúrgico El Frente conmemoró ocho años de su formación con el anuncio e la incorporación de 500 plazas más para Fresnillo.

Analysis by BMI Research predicts that Mexico’s mining industry will experience one of the fastest recoveries in Latin America due to the strong price performance of its key commodities – gold, silver, copper and zinc – along with a steady project pipeline and supportive regulatory framework. Heidi Vella profiles Mexico’s mining sector and its prospects for 2018 and beyond.

The Report supports the disclosure made by the Company in its news releases dated December 29, 2017 entitled “Sierra Metals Significantly Increases Mineral Resource Estimate for Cusi Mine, Mexico.” There are no material differences in the mineral resources contained in the Report from those disclosed in the December 29, 2017 news release.

The federal environmental agency has fined a United States-owned Oaxaca mine 9.8-million pesos (over US $520,000) for operating without the necessary permits in the Central Valleys region of the state.

Silver Spruce Resources Inc. announces that further to its news release dated December 11, 2017, the TSX Venture Exchange has granted an extension to the deadline to complete the previously announced private placement of up to 30,000,000 units at a price of US$0.06 per unit for gross cash proceeds of up to US$1,800,000 to March 9, 2018.

WOLVERINE MINERALS CORP. announces that, subject to TSX Venture Exchange approval, it intends to proceed with a name change to Aloro Mining Corp.

BACANORA MINERALS LTD., the Canadian and London listed lithium company, announces.that it intends to re-commence the process of changing the domicile of jurisdiction from Canada to the UK.

“Coeur’s robust operating performance during the fourth quarter led to strong financial results for the quarter and full year. Our multi-year strategic initiatives are generating higher-quality ounces and strong cash flow from our well-balanced portfolio of North American-based assets,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer. “During 2017, we successfully repositioned and strengthened the Company on multiple fronts. We upgraded our portfolio and pipeline of assets to reflect a North American focus with the acquisition of the high-grade Silvertip mine in Canada, our announced divestiture of our highest cost mine in Bolivia and the sales of nine non-core assets. We repositioned our balance sheet to provide greater financial flexibility and materially reduce annual interest expense. By allocating additional capital to near-mine exploration, we expanded our reserve and resource base by double digit percentage increases, which we anticipate will lead to high-return, long-term value for our stockholders.”

“This funding will provide Colibri an opportunity to test the drilling model created by our in-house experts & renowned consultants and push us towards our goal of expanding and further confirming our resources. We continue to strongly believe that Pilar has the ability to scale up significantly and become a low cost, open pit, heap leach operation in a very mining friendly jurisdiction. Colibri will begin work as quickly as possible upon closing of this funding,” stated Ron Goguen, President of Colibri.

J.D. Poliquin, chairman of Almaden stated, “We are extremely pleased to welcome Mr. Morris to Almaden. He brings a wealth of experience and expertise to the Ixtaca project. We look forward to working together now to bring Ixtaca from an advanced development stage project to a sustainable, clean and profitable producing mine for the benefit of all stakeholders.”