Quarterly and year to date attributable silver production (including the Silverstream) remained at similar levels to the comparable periods of 2013, mainly due to higher ore volumes processed at Saucito and increased production from the Silverstream, which compensated for the lower ore grade at the Fresnillo mine.
Orex Minerals Inc. has awarded a 5,000 metre diamond drilling contract to Kluane Mexico S.A. de C.V., a subsidiary of Kluane Drilling Ltd., for the Los Crestones Gold-Silver-Copper Project, 100 km north of Culiacan in Sinaloa, Mexico.
Arian Silver Corporation announces the execution of a $32 million joint financing package with Quintana AGQ Holding Co. LLC and Quintana San Jose Streaming Co. LLC. The new financing arrangements should complete the Company’s funding requirements for the project and take the company to full-scale commercial production.
Igneous Capital Limited issues this press release pursuant to Part 3 – Early Warning Requirements of National Instrument 62-103 with respect to Bacanora Minerals Ltd.
Gold Resource Corporation announces the appointment of Mr. Oscar Zelaya as General Manager of its El Aguila Project, succeeding Mr. Jesus Rivera who will pursue other interests. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $100 million to shareholders in monthly dividends since commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
BACANORA MINERALS LTD. is pleased to provide an update on progress with activities underway for the purpose of advancing the Magdalena Borate Project toward feasibility of boric acid production. The Company has retained the services of Process Engineering LLC to design a plant capable of producing up to 25,000 tonnes of boric acid per year from borate minerals to be mined from the El Cajon deposit. The Company also continues performing metallurgical tests in order to refine and optimise the boric acid production at pilot scale.
Sierra Metals Inc. is pleased to announce that Audra Walsh has joined the Company’s Board of Directors effective October 14, 2014. Ms. Walsh replaced Daniel Tellechea as the Company’s President and CEO on July 28, 2014 and is now replacing Mr. Tellechea on the Board of Directors. Mr. Tellechea has retired after serving as President, CEO and a Director of the Company since 2007.
First Majestic Silver Corp. is pleased to announce that total production at its five operating silver mines in Mexico for the third quarter ending September 30, 2014 reached 3,523,536 equivalent ounces of silver, representing a 5% increase compared to the same quarter in 2013.
Excellon Resources Inc., Mexico’s highest grade silver producer, reports its second quarter 2014 production results and an exploration update from the La Platosa Mine in Durango, Mexico.
Young-Davidson Reports Underground Cash Costs of $656 per Ounce and Underground Unit Costs of $41 per Tonne
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