Con la intención de explotar la Mina Rampa Siglo XX, los empresarios mineros se han dado a la tarea de convencer a los habitantes de la comunidad El Cedro para que sean reubicados.
The net proceeds of the Private Placement will be used by Silver Bull for general working capital purposes.
“We are excited by the grades and widths returned by the first two holes ever drilled in the Margarita Vein”, stated Ruben Padilla, VP Exploration of Sable Resources. “These results clearly demonstrate that we are at the right erosional level with good preservation of the best part of the veins starting right at surface and still open at depth. We will continue the systematic drill test along the 1.6 km of known extension of the Margarita vein and along the other three veins identified within the property limits.”
We have increased tonnage at Platosa despite mining approximately 170,000 tonnes since the last resource estimate as at December 31, 2014, stated Brendan Cahill, President and CEO. This new resource estimate is the product of a more conservative and geologically accurate methodology than previously employed at Platosa. We see upside potential on grade and tonnage as we continue to define new mineralization with our underground drilling program.
As our Rainy River Mine is well into its start-up year, New Gold today provides an updated 2018 production and cost outlook. Gold production at New Afton, the Company’s largest cash flow contributor, Mesquite and Cerro San Pedro remain in line with New Gold’s original guidance. However, largely due to the variability in the process facility’s start-up performance and lower gold grade and recoveries, the Company is lowering its 2018 annual production guidance for Rainy River from earlier estimates.
Goldcorp made significant progress in the second quarter on its brownfields exploration work, where strong results, in particular at Musselwhite and Cerro Negro, continued to highlight the potential to add to our mineral reserve base in order to achieve our goal for mineral reserve growth included in our 20/20/20 plan. An aggressive field program is under way across all our Canadian sites to work up early stage targets for potential drill campaigns during the winter season. In LATAM, the focus is on new discoveries at Cerro Negro and data collation and interpretation at the Norte Abierto joint venture.
“With the ongoing successful ramp up of the Éléonore and Cerro Negro mines, on plan gold production across the portfolio and our pipeline of growth projects being advanced on budget and on schedule, we continue to execute on the delivery of our 20/20/20 plan of growing production and reducing AISC by 20% by 2021,” said David Garofalo, President and Chief Executive Officer of Goldcorp. “In addition, the strong exploration results achieved during the quarter, highlighted by the results at Musselwhite and Cerro Negro, demonstrate our exploration team’s ability to find new discoveries within Goldcorp’s highly prospective and underexplored land packages in order to achieve 20% reserve growth by 2021.”
“Our mines continued to deliver strong operational performance during the quarter, which has allowed us to increase 2018 production guidance to 1.58 million ounces of gold from 1.53 million ounces. Cash costs remained at the mid-point of our guidance, but we expect these costs to trend lower in the second half of the year”, said Sean Boyd , Agnico Eagle’s Chief Executive Officer. “In the second quarter, we continued to make good progress on our development projects in Nunavut . We recently received the Type A water licence for the Whale Tail pit at Amaruq, which allowed us to begin construction in late July, and the shipping season is now underway at Meliadine, which should facilitate timely completion of the project allowing for the expected start of production in the second quarter of 2019” added Mr. Boyd .
Harvest Gold Corporation (TSX.V: HVG) announces that the trading in the Companys shares was halted pending a determination by the TSX Venture Exchange as to how the sale of the Companys Suriname assets (as detailed in a news release dated July 23, 2018) (the Sale) would be treated under Exchange policies. Following communications with the Company, the Exchange determined that the Sale qualifies as an exempt transaction under Exchange Policy 5.9.
Led by our Palmarejo operation, we delivered strong financial and operating performance in the second quarter, which has resulted in an increase to our companywide full-year production guidance ranges and a reduction to our companywide full-year cost guidance ranges, said Mitchell J. Krebs, Coeurs President and Chief Executive Officer.
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