Starcore Consolidates its Share Capital

Further to its news release of November 24, 2015, Starcore International Mines Ltd. announces that it has received confirmation from the Toronto Stock Exchange that effective at the opening of trading on Monday, December 14, 2015, the shares of the Company will commence trading on a one-for-four consolidated basis. Having received Toronto Stock Exchange acceptance for the share consolidation, on the Effective Date, the Company will have approximately 45,153,648 common shares issued and outstanding, subject to adjustment for fractional shares.

Primero Regrets to Report a Fatality at Its San Dimas Mine

“We feel great remorse over the loss of our colleague Enrique Ortiz, an experienced underground miner at our San Dimas mine,” said Ernest Mast, President and Chief Operating Officer. “Work-related losses are felt deeply by the Primero and Tayoltita communities and we send our deepest sympathies to Enrique’s family and friends. The safe operation of our mines remains Primero’s top priority, and we will continue to work hard to eliminate all work-place accidents.”

Mina de oro atrae la codicia de criminales y vuelve un infierno una amplia zona de Guerrero

El Gobernador Héctor Astudillo Flores ha reconocido que en Carrizalillo “hay un desencuentro entre dos grupos de ese pueblo”. Ha dicho que “es un lugar que se ha convertido en algo muy delicado y [al que] hay que ponerle mucho cuidado”. Pero el oro de una mina, una de las más productivas de América Latina, podría ser la razón de una guerra que deja ya muchos muertos.

Geologix’s TSX Listing Under Review

Geologix Explorations Inc. has been advised by the Toronto Stock Exchange that, as a result of both the Company’s current share price and lack of exploration activity in 2015, the Company may no longer meet the Exchange’s continued listing requirements. Geologix has until April 8, 2016 to meet such listing requirements. Geologix intends to apply for a listing of its common shares on the TSX Venture Exchange. Assuming this application is successful, the Company will subsequently delist its shares from the Toronto Stock Exchange.

Millrock Closes Non-Brokered Private Placement

Millrock Resources Inc. reports that the non-brokered private placement announced on November 20, 2015 and subsequently increased has closed. A total of 8,321,509 Units at a price of $0.16 per Unit have been issued for gross proceeds of $1,331,441.44. Each Unit consists of one common share and one share purchase warrant, with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.22 per common share until December 10, 2016, thereafter at a price of $0.30 per common share until December 10, 2017 and thereafter at a price of $0.40 per common share until December 10, 2019.

SilverCrest Metals Appoints Michael Rapsch as Vice-President of Corporate Communications and Announces Stock Option Grant

Mr. Rapsch has a decade of in-depth investor relations and corporate communications experience. He joins SilverCrest Metals after four years at SilverCrest Mines Inc. which was recently acquired by another precious metal producer. He was responsible for the implementation, management and execution of all marketing and investor relations related programs, including but not limited to communicating with retail and institutional investors across North America and Europe. During Mr. Rapsch’s tenure at SilverCrest Mines it was nominated as a finalist at the 17th annual IR Magazine Reward in the category for “Best IR by a TSX Venture Exchange-listed company” in 2014.

Minera Alamos Inc. Provide Update on Work at Los Verdes

“In addition to the work completed on the South Deposit, we are now evaluating new options regarding our North Deposit,” said Chris Frostad, CEO, Minera Alamos Inc. “As a result of last month’s successful drill results and the completion of a new resource estimate later this month we expect to add valuable alternatives to our approach.”

Hecla Mourns the Passing of John H. Bowles, Director

“John leaves a long, distinguished legacy in our industry and as a member of our Board of Directors for which we are eternally grateful,” said Ted Crumley, Hecla’s Chairman. “He will be deeply missed by his fellow Board members and everyone at Hecla. We send our deepest condolences to his family.”

Bajo control derrame en mina en Magdalena de Kino, Sonora

La empresa Minera Columbia de México, en Magdalena de Kino, Sonora, aplicó con prontitud su protocolo de control de derrames al operar las medidas de contención, reducción de los efectos de cianuro y limpieza primaria del área afectada. La Procuraduría Federal de Protección al Ambiente (Profepa) corroboró lo anterior tras el derrame de solución cianurada ocurrido el pasado 7 de diciembre, luego de producirse una fisura en un tubo por el que se transportaba dicha solución a los patios de lixiviación.

All News