Category: Investor’s Corner

DynaResource de Mexico, S.A. de C.V. Awarded Damages of $ 48 M USD Against Goldgroup Resources Inc.

DynaResource de Mexico SA de C.V., the 100% owner of the San Jose de Gracia Project, located in the County of Sinaloa de Leyva, State of Sinaloa, Mexico, announces that it has been awarded in excess of $48 M USD in damages from Goldgroup Resources Inc. on October 05, 2015, by virtue of a Sentencia Definitiva issued by the Thirty Sixth Civil Court of the Superior Court of Justice of the Federal District of Mexico (Tribunal Superior de Justicia del Distrito Federal), File number 1120/2014. The Definitive Sentence included the considerations and resolutions by the Court, and in addition to the Goldgroup Damages, additional Resolutions were also ordered in favor of DynaMexico.

Capstone Mining 2015 Third Quarter Production Results

“Production for the third quarter met our expectations and we remain on track to meet our overall 2015 production guidance, with Minto operating above expectations for the quarter and Pinto Valley and Cozamin overcoming earlier production challenges,” said Darren Pylot, President and CEO of Capstone. “We are particularly pleased that the operational improvements at Pinto Valley are starting to be realized, achieving a monthly throughput record for Capstone in September.”

Avino Third Quarter 2015 Production Up 148 % Compared to the Third Quarter 2014

“Avino’s excellent third quarter results underscore the growing strength and quality of our mining operation. We delivered strong operating results and are well positioned to meet management’s production expectations going forward. Refinements in the mill are underway to remove deleterious minerals and improve payables, exploration drilling has commenced at the San Gonzalo mine and deliveries to Samsung are underway. We have positioned the Company for great success for the remainder of the year and years to come,” David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

Oceanus Resources and El Tigre Announce Receipt of Interim Order and Mailing of Meeting Materials

Oceanus Resources Corporation and El Tigre Silver Corp. are pleased to announce that El Tigre has been granted an interim order from the Supreme Court of British Columbia authorizing various matters, including the holding of a special meeting of El Tigre shareholders to consider the previously announced arrangement between Oceanus and El Tigre and the mailing of a management information circular.

Inseguridad Eleva Costos en la Minería, Reprocha Gold Corp

El problema de seguridad y de operación del crimen en el país ha generado costos altos tanto económicos como de empleados, afirmó el presidente de la empresa minera Gold Corp, que opera en Guerrero, Charles A. Jeannes. Durante la entrega de un reconocimiento a la minera en la Trigésimo Primera Convención Internacional Minera, el representante hizo un llamado a las autoridades mexicanas para combatir este problema, pues consideró importante mantener seguros a los trabajadores de la industria. Aunado a ello, el empresario también mencionó retos como la intervención de agentes externos que se oponen a la puesta en marcha de negociaciones, lo que dijo: “nos ha sucedido demasiado”….

Tesla Motors Inc About To Give Lithium A Big Boost

While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom.

Canarc Signs Definitive Agreement to Acquire Oro Silver and its El Compas Gold-Silver Mining Project in Zacatecas, Mexico from Marlin Gold

Mr. Catalin Chiloflischi, CEO of Canarc, stated: “Today’s acquisition marks a major step forward for Canarc to transition into a successful producing gold-silver mining company during 2016. This transaction adds a second advanced asset to Canarc’s portfolio located in one of the world’s most prolific gold-silver districts. This fully permitted mining project in Mexico should not only provide Canarc with near term cash flow to help facilitate future growth, it is also a district scale exploration project with many prospective targets that have never been drilled.”

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