Baja Mining Corp. is pleased to report that Tom Ogryzlo — Interim CEO and Director, and Wolf Seidler — Director, visited the Boleo Mine on February 19, 2016, and met with operations management of Minera y Metalu?rgica del Boleo, S.A. P.I. de C.V. to discuss progress at Boleo, including both the underground and open pit mining and the process plant production ramp-up.
“The Plant is open for business,” said Robert Eadie, President of the Company. “This is a huge milestone for us in Mexico. With Altiplano’s leaching process, we are able to offer the local miners more flexible financing options compared to what is currently being made available to them by smelters and international traders. We see the Altiplano Plant as a synergistic cash-flow producing arm of the Company, growing our asset base for our shareholders.”
Frederick H. Earnest, added, “The Guadalupe project is a non-core project for Vista. The work that Great Panther and its subsidiary (Coboro Minerales de Mexico, S.A. de C.V) completed over the last two years has confirmed previous work and provided additional information about the low-sulfidation epithermal veins systems in the district. We continue to believe that the Guadalupe project has good prospects for future development based on the identified and prospective mineral resources. At the appropriate time we intend to seek a new partner who can advance the project to a development decision.”
La Mina Mulatos del corporativo Alamos Gold Inc., enclavada en la Sierra Madre Occidental en territorio Sonorense, ha logrado un record difícilmente igualable en la Industria Minera al alcanzar recientemente 4 Millones de Horas-Hombre trabajadas sin accidentes incapacitantes en la mina Mulatos de su filial Minas de Oro Nacional, lo cual la posiciona como una de las empresas más seguras no solo de la Industria Minera sino del sector industrial en general.
“This was a difficult decision,” stated Robert Archer, President & CEO. “However, our 2015 exploration program did not yield the results we had anticipated and, after an extensive review, we concluded that the project does not meet the criteria for our current growth strategy. Vista has been a terrific partner and we wish them all the best in advancing the GDLR Project to its full potential.”
Kootenay President and CEO James McDonald stated: “This is an exciting time for Kootenay and Northair shareholders. The Kootenay-Northair transaction alongside the concurrent financing and option arrangement with Pan American, announced on February 16, 2016, puts us in a strong position to build on our consolidation platform and to advance both the La Negra and La Cigarra assets. I look forward to updating both the Kootenay shareholders and Northair shareholders as we continue to grow.”
Paul Benson, President and CEO said, “This was a quarter and a year of records for Silver Standard. Marigold exceeded our improved production and cash cost guidance and produced over 207,000 ounces of gold, a record in the mine’s 28-year history. Pirquitas also performed at the top end of guidance, driving total production to over 350,000 gold equivalent ounces at cash costs 11% lower than in 2014. We continued to invest in our future and generated significant exploration success at Marigold while also advancing our option to earn into the Chinchillas project, a potential satellite deposit for Pirquitas. …”
Jim Williams, Chief Executive Officer of Arian, commented, We are pleased to be making progress in rebuilding Arian, whilst remaining cognisant of the current low metal prices and the fact that investor sentiment towards the mining sector remains negative. With this in mind, we are initially concentrating our efforts on near-term and low-cost production opportunities, possibly through the leaching of tailings. Mining and metals markets operate in cycles and the current sentiment will change in time, as such we are also looking at projects with longer-term potential.
Photographic Report, February, 2016
Fred Stanford, President & CEO of Torex stated: “The ramp up of the processing plant is tracking nicely ahead of plan, costs remain on budget, security and safety performance has been excellent, relationships with local communities continue to be productive, and the construction of production support facilities is drawing to a close. The next three milestones will be the declaration of commercial production, the resettlement of the El Limon village, and the commissioning of the El Limon Crusher / RopeCon. All of these milestones are on schedule for achievement in Q2 2016.” …
Mexico Mining Center © 2021 / All Rights Reserved
