Santacruz Silver Mining Ltd. is pleased to announce that it has closed the third and final tranche of its previously announced non-brokered private placement.
As realized metal prices continue to decline, our focus remains on reducing all-in sustaining costs at our two mine sites, increasing our productivity, and reducing general and administrative expenses, said Darren Blasutti, President and CEO of Americas Silver Corporation. We saw significant reductions in both these cost metrics once again this quarter primarily due to vigilant cost control and increased lead production at Galena. We will need to continue this trend in the short term to offset further falling metal prices.
ALIX RESOURCES CORP. is pleased to announce it has executed a memorandum of understanding with global lithium developer Lithium Australia NL, whereby it is anticipated the two companies will work jointly to develop certain technologies pertaining to commercially viable lithium extraction solutions as well as progress Alixs newly acquired lithium concessions (the Electra project) located in Sonora, Mexico.
Alamos Gold Inc. today announced that Alan Edwards has resigned from the Company’s Board of Directors and consequently from his position as Chair of the Board. Paul Murphy has been appointed by his fellow directors to serve as Chair of the Board. In addition, Alamos is pleased to announce that Claire Kennedy has joined the Board of Alamos.
Primero Mining Corp. is pleased to announce the planned appointment of Mr. Ernest Mast as President and Chief Executive Officer and Director of the Board effective January 31, 2016. Mr.Joseph F. Conway, the Company’s C.E.O. since its inception will assume the role of Executive Vice Chairman as part of an established succession plan.
“During the third quarter the Rosario Mine made significant steps towards continued improvements in operational performance. Over the quarter we transitioned from third party contract mining to our in-house mining operations team, which carried additional costs for third quarter, but benefits will be reflected in the following quarters and years to come. With this move we will be able to continue to reduce the mining costs at the Rosario Mine. In addition, the Company commenced using a new permanent tailings disposal system that utilizes dry-stacking technology in conjunction with the prior existing tailings structure. Operating costs are also expected to decrease as a result of the implementation of this system.” said Arturo Préstamo, President and CEO.
La existencia de grandes reservas de titanio en el subsuelo de Chiapas (México) pone en riesgo a las comunidades y al ambiente. La feria de las concesiones está en marcha.
Baja Mining Corp. is pleased to report that its Executive Management (Tom Ogryzlo – Interim CEO, Nigel Kirkwood – CFO and David Dreisinger – VP Metallurgy ) visited the Boleo Project on October 30 and 31, 2015, and met with operations management of Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. to discuss progress at Boleo, including the process plant production ramp-up and both the underground and open pit mining.
Silver Spruce Resources Inc. wishes to announce that, as contemplated in its news releases dated June 18, 2015 and based on the results of its maiden NI 43-101 exploration report, the Company has finalized a Purchase Agreement for the Pino de Plata epithermal silver/base metal/gold property located in the Sierra Madre Occidental gold/silver belt in western Chihuahua state, Mexico. The NI 43-101 report was filed on SEDAR and summarized in a news release dated August 12, 2015.
Almaden Minerals Ltd. announces that as a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure. The review identified filing and disclosure issues with the technical report titled, NI 43-101 Technical Report Preliminary Economic Assessment of the Ixtaca Project, Mexico filed on October 9th, 2014. The Company has amended the report accordingly, which has now been refiled on SEDAR as an amended report. The Company wishes to clarify that the amendments are not material changes and the Report’s data, inputs, interpretation, conclusions and results all remain unchanged. The items amended according to NI 43-101 guidelines are listed below in order of appearance in the original report.
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