Corporate tax increases in Mexico will compel mining companies to take a close look at future investments there, says Terry Coughlin, president of Halifax-based GoGold Resources Inc.
Riverside Resources Inc. is pleased to announce that Riverside Resources Inc. has signed a binding Letter Agreement with Argonaut Gold Inc. to acquire an undivided 100% interest in the Bohemia, Texson, and Cien gold projects located in the prolific Sonora Megashear Gold Belt. The Bohemia project is of particular interest as high-grade gold has been observed in veins, stockwork, and wall rocks, with 27% of Riverside’s 142 field-check rock chip samples grading greater than 1 g/t Au and up to 20.3 g/t Au. Bohemia is located 15 km northwest of the past producing La Choya Mine, which is now being redeveloped by Penoles, and in the same mineralized belt as the multi-million-ounce deposits in the Herradura, Noche Buena, and Soledad-Dipolos Mines operated by Penoles-Newmont. Further information on all of the acquired Properties can be found in the Property Details section below.
Endeavour Silver (EXK) is a primary silver mining company with three operating assets in Mexico. Results for the third quarter of the year were released today. In this article, we would like to provide some context and commentary with regards to this latest financial report.
Quaterra Resources Inc. today announced the implementation of the following key corporate initiatives from August to the end of October that have helped the Company continue on its path of asset monetization and general corporate restructuring: the receipt of $1M from the acquisition of property by Freeport-McMoran Mineral Properties Inc. near Butte Valley, Nevada; the successful completion of an oversubscribed $2.9M private placement; the sale of three properties in central Mexico to Goldcorp Inc. for a total of $375,000 plus a 2% NSR royalty on each property capped at $2M; and aggressive cost cutting measures to lower general and administrative costs.
Paramount Gold and Silver Corp. today announced that newmetallurgical tests on its 100%-owned San Miguel Project by theMcClelland metallurgical laboratory in Reno, Nevada confirm thepotential for an economic recovery of precious metals at two of SanMiguel’s open pit deposits using inexpensive heap leach technologies.
Silver Standard Resources Inc. announces that it has entered into a definitive agreement with Argonaut Gold Inc. to sell 100% of its San Agustin project in Durango, Mexico for an aggregate consideration of approximately $75 million. Argonaut is a U.S.-based company listed on the Toronto Stock Exchange.
Primero Mining Corp. today reported financial and operational results for the third quarter ended September 30, 2013.
Cangold announces that its board of directors has approved an advance notice policy for the purpose of providing shareholders, directors and management of Cangold with a clear framework for nominating directors of the Company.
Argonaut Gold Inc. is pleased to announce they have signed an agreement pursuant to which the Company will acquire the San Agustin project, located 10 kilometers from the their El Castillo project in Durango, Mexico, from Silver Standard Resources.
Franco-Nevada Corporation today reported its financial results for the third quarter ended September 30, 2013.
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