Arturo Bonillas, President of the Company, stated Production this quarter was lower than expected due to slightly lower grades than anticipated. Grades are projected to trend upwards through the year as part of the mine schedule.
Sierra Metals Inc. reports production for the first quarter ended March 31, 2015 from its three underground mines in Latin America , the Yauricocha polymetallic mine in Peru and the Bolivar copper and Cusi silver mines in Mexico .
CANGOLD LIMITED announces that the TSX Venture Exchange has approved the issuance of 1,060,000 bonus common shares of the Company at a deemed price of $0.05 per Bonus Share, to Great Panther Silver Limited under the terms of a loan agreement dated February 25, 2015 among the Company, its Mexican subsidiary and Great Panther previously announced on February 26, 2015.
SilverCrest Mines Inc. is pleased to announce record silver and gold production results for the first quarter of 2015 from its 100% owned Santa Elena Mine located in Sonora, Mexico. Record production of 1,349,527 ounces silver equivalent for Q1 2015 is in line with 2015 corporate budget forecasts and the production guidance announced on January 15, 2015. For additional information and to view photos and videos of the Company’s Santa Elena Mine, please visit the Company’s website at www.silvercrestmines.com.
Nyrstar NV opposed a proposal by Trafigura Beheer BV, the zinc producers biggest shareholder, to appoint an independent director to its board, saying the candidate has strong ties to the commodity trader.
Las mineras canadienses de oro Alamos Gold y AuRico Gold anunciaron que se fusionarán en una operación valorada en alrededor de 1,500 millones de dólares, la transacción se espera que finalice en el segundo trimestre de 2015.
Sierra Metals Inc. announces that Ms. Audra Walsh has resigned as President, Chief Executive Officer and a director effective April 12, 2015. The Company expects to announce a succession plan later this week.
Fortuna Silver Mines, Inc. is pleased to announce first quarter 2015 production figures from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 1.6 million ounces of silver, 9,739 ounces of gold plus base metal by-products. Fortuna is on schedule to produce 6.5 million ounces of silver and 35.3 thousand ounces of gold or 8.6 million Ag Eq* ounces in 2015.
Capstone Mining Corp. today announced operating results for the three months ending March 31, 2015. Combined copper production totalled 23,700 tonnes, with additional by-products of zinc, molybdenum, lead, silver and gold.
Alamos Gold Inc. and AuRico Gold Inc. are pleased to announce that they have entered into a definitive agreement to combine their respective companies by way of a plan of arrangement, creating a new, leading intermediate gold producer. The Merger combines two top-quality, highly-complementary asset portfolios, including two long-life, cash flow-generating gold mines: AuRico’s Young-Davidson mine in Ontario, Canada, and Alamos’ Mulatos mine in Sonora, Mexico. The transaction is structured as a merger of equals with a transaction equity value of approximately US$1.5 billion.
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