Mr. Kevin Drover, President & CEO stated, “Cost reduction has been our focus during 2014, yet our team has achieved the best year ever in silver production reaching 3.7 million ounces of silver equivalent for 2014. La Negra is positioned for growth and working toward becoming one of the lowest cost silver producers.
El Tigre Silver Corp. is pleased to announce the appointment of Carl Rosenau to the Company’s Board of Directors effective immediately.
Sierra Metals Inc. is pleased to announce the appointment of Mark Brennan as President and Chief Executive Officer, effective April 13, 2015. Mr. Brennan is replacing Sierra Metals’ former President and CEO, Audra Walsh, whose resignation was announced earlier today. In conjunction with his appointment as President and CEO, Mr. Brennan will also be joining the Company’s Board of Directors effective immediately.
Arturo Bonillas, President of the Company, stated Production this quarter was lower than expected due to slightly lower grades than anticipated. Grades are projected to trend upwards through the year as part of the mine schedule.
Sierra Metals Inc. reports production for the first quarter ended March 31, 2015 from its three underground mines in Latin America , the Yauricocha polymetallic mine in Peru and the Bolivar copper and Cusi silver mines in Mexico .
CANGOLD LIMITED announces that the TSX Venture Exchange has approved the issuance of 1,060,000 bonus common shares of the Company at a deemed price of $0.05 per Bonus Share, to Great Panther Silver Limited under the terms of a loan agreement dated February 25, 2015 among the Company, its Mexican subsidiary and Great Panther previously announced on February 26, 2015.
“Responding to numerous media reports, I want to make it perfectly clear, that neither I nor any member of McEwen Mining’s management team in Canada or in Mexico have had any regular contact with, or have any relationship with, cartel members.
Milner Consolidated Silver Mines Ltd. through its wholly-owned Mexican subsidiary has applied to the “Direccion de Concesiones y Asignaciones Mineras” to have the title to its San Lucas Concession cancelled.
SilverCrest Mines Inc. is pleased to announce record silver and gold production results for the first quarter of 2015 from its 100% owned Santa Elena Mine located in Sonora, Mexico. Record production of 1,349,527 ounces silver equivalent for Q1 2015 is in line with 2015 corporate budget forecasts and the production guidance announced on January 15, 2015. For additional information and to view photos and videos of the Company’s Santa Elena Mine, please visit the Company’s website at www.silvercrestmines.com.
Nyrstar NV opposed a proposal by Trafigura Beheer BV, the zinc producers biggest shareholder, to appoint an independent director to its board, saying the candidate has strong ties to the commodity trader.
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