Category: Investor’s Corner

Starcore Reports Q1 2017 Results

“We continue to report positive cash flow,” said Robert Eadie, President of the Company, “and the improved market for metal prices and our ability to keep costs per ounce low have allowed us to report a profit this quarter despite lower equivalent gold production for the quarter.”

Sierra Metals Fortifies Management Team with the Appointment of Alonso Lujan as Vice President Exploration

Mr. Lujan is a Geological and Mining Engineer with over 26 years international experience in mineral exploration with a positive track record for increasing companies’ resources, output and company value. Mr. Lujan most recently spent 6 years with Mata-Trafigura as the General Manger having been promoted from Exploration and Operations Manager. While there he oversaw the discovery and commissioning of the Magdelana Project with potential for 50 million tonnes within 2 years and helped to double production as well as optimize and reduced costs. Prior to that he worked with Hochschild Mining for 5 years and Minas de Bacis SA de CV for 14 years where he helped to also increase resources, increase output and reduce costs.

Finaliza AHMSA Mantenimiento en Acerías y Altos Hornos 5 y 6

Los trabajos generaron alrededor de 1,800 empleos directos a través de compañías constructoras como Electrónica Industrial Monclova, Seima, ATI, Hot Work, Marinsa, Masin, Cramsa, GM Construcciones, Cemetsa, Pemsa, Ociem, Sinergia, Majoma, Coel del Norte, Proconect, Sigma Ingeniería, Tramisa, Constructora Calera, Crisa, GMC, Rovi, Cotensa y Bensa, entre otras.//

Oceanus Announces Non-Brokered Private Placement and Mobilization of a Second Drill Rig to its El Tigre Property

Oceanus Resources Corporation announces a non-brokered private placement for $1,500,000 by the sale of common shares of the Company at a price of $0.25 per share. The Common Shares are subject to a 4 month hold period. In connection with the offering, a finder’s fee may be paid consisting of a cash payment equal to up to 6% of the proceeds raised pursuant to this private placement.

Goldcorp hires Scotiabank to run Los Filos mine sale

Goldcorp Inc has hired Bank of Nova Scotia to lead the sale process for Los Filos, its gold and silver mine in Mexico, according to two sources familiar with the situation, after putting the asset on the block earlier in the summer.

McEwen Mining Appoints New Chief Operating Officer

McEwen Mining Inc. is pleased to announce the appointment of Xavier Ochoa as Chief Operating Officer, effective immediately and the departure of the Company’s current COO, William Faust effective September 30, 2016. Mr. Ochoa is a seasoned executive, bringing more than 25 years of operational experience to the McEwen team and will be instrumental in the continued growth and development of our projects.

Layne minerals contracts in Q2

NASDAQ-listed drilling contractor Layne Christensen has reported further year-on-year contraction in its mineral drilling business in the latest quarter and half-year to July 31 as it business focus switches to the Americas from a previous global profile…“Our overall consolidated financial performance is expected to improve and we remain committed to returning Layne to profitability in fiscal year 2018,” president and CEO Michael Caliel said.

All News