Timmins Gold Corp. is pleased to report that it has agreed with Sprott Resource Lending Partnership and Morgan Stanley Capital Group Inc. to re-finance its existing $13 million credit facility for a term of eleven months.
Corex Gold Corp. announces that it has changed its auditors from BDO Canada LLP to Smythe Ratcliffe LLP, effective February 2, 2015.
La empresa minera Grupo México dejará de cotizar las acciones de su subsidiaria Southern Copper en el mercado bursátil de Nueva York, para reemplazarlas en Londres por los títulos de su filial Americas Mining Corporation, según un estudio de Accival Casa de Bolsa.
Kootenay Silver Inc. is pleased to announce that, further to its press releases dated December 10 and 23, 2014, it has closed the second and final tranche of a non-brokered private placement of units with aggregate oversubscribed total gross proceeds of $1,577,875.
GOLDCORP INC. is pleased to declare its second monthly dividend payment for 2015 of $0.05 per share. Shareholders of record at the close of business on Thursday, February 12, 2015 will be entitled to receive payment of this dividend on Friday, February 20, 2015.
Mr. Mast is a metallurgical engineer and brings to Primero over 25 years of international mining experience. Mr. Mast previously held leadership positions including Vice President of Corporate Development at Copper Mountain Mining, owner of the 35,000 tonnes per day Copper Mountain mine in British Columbia, Vice President of Operations at New Gold Inc. where he was responsible for overseeing approximately 1,600 employees at 4 mines producing a combined 400,000 ounces per year of gold and substantial silver and copper by-products. Mr. Mast was also the President and CEO of Minera Panama, a subsidiary of Inmet Mining (now First Quantum), during the development of Cobre Panama, a 290,000 tonnes per year copper project. In addition, he was President and General Manager of the large-scale Falcondo ferronickel operations in the Dominican Republic, now owned by Glencore. Mr. Mast has a Master’s degree in Metallurgical Engineering from McGill University, is a registered professional engineer and is fluent in English, Spanish and French.
GREAT PANTHER SILVER LIMITED provides a correction to its January 29 2015 news release entitled “Great Panther Updates Mineral Resource Estimate at the Guanajuato Mine Complex”. A transposition error resulted in the incorrect computation of the percentage changes, year over year, in the resources as reported on pages one and three of the aforementioned news release. There was no error in the reported 2014 resource estimates. The updated Mineral Resource Estimate reported for 2014 at the Guanajuato Mine Complex in Guanajuato, Mexico, including updates on the Guanajuato and San Ignacio Mines and the El Horcon Project, remains unchanged. The summary table of the 2014 Mineral Resource Estimate for the GMC can be found on the news release mentioned above.
Paramount Gold and Silver Corp. announced today results from the last five holes drilled in late 2014 on the open pit/heap leach San Francisco Deposit on Paramounts 100%-owned San Miguel Project in Mexico. San Francisco is a lower grade, disseminated gold/silver deposit starting at surface, located about 10 km east of Coeur Minings Palmarejo mine complex.
Arian Silver Corporation, a silver exploration, development and production company focused on silver projects in the silver belt of Zacatecas, Mexico, is pleased to report to that it has started a 5,000 metre diamond drilling programme at its wholly-owned San José project.
Vista Gold Corp. today announced it has agreed to amend the payment terms of its sale of the Los Cardones gold project in Baja California Sur, Mexico to Invecture Group, S.A. de C.V. and RPG Structured Finance S.a.r.l. Under the Amendment, the Company will receive a payment of US$3.0 million cash from the Purchasers as full and final payment for 100% of the Company’s debt and equity participation in the Los Cardones gold project.
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