FIRST MAJESTIC SILVER CORP. is pleased to announce that on June 5, 2014, the Court of Appeal dismissed the appeal filed by Hector Davila Santos and Minerales y Minas Mexicanas, S.A. de C.V.
Un minero falleció este jueves tras el desprendimiento de una roca mientras laboraba en la unidad de Cozamin, en Hacienda Nueva, Morelos, donde opera la empresa canadiense Capstone.
Scorpio Mining Corporation today provided information concerning its ongoing review of certain previously disclosed discrepancies concerning the concession boundaries of the Company’s El Cajon mineral deposit, located in the Cosala Norte District near Cosala, Sinaloa in Mexico, and efforts by Tocqueville Asset Management, L.P. and The Tocqueville Trust on behalf of The Tocqueville Gold Fund to take control of the Company’s board of directors.
Cayden Resources Inc. is pleased to announce that it has received results from its ongoing surface exploration program at the company’s El Barqueno gold property in Jalisco State, Mexico. The channel and grab samples were taken from exposed bedrock in the Poncho East and newly identified Azteca North target areas.
Mexus Gold US announced that it has turned down a seven figure offer for the funding of its Julio/Santa Elena project. This offer came from one of three mining companies that Mexus is in discussions with. President Paul Thompson states “The offer came from a well-known mining company but unfortunately the demands were too high and would have resulted in our ownership being diminished.”
Osisko Mining Corporation anticipates that, subject to court approval, and the satisfaction of closing conditions, the effective date and closing of the shareholder approved joint acquisition of 100% of the outstanding shares of Osisko by Agnico Eagle Mines Limited and Yamana Gold Inc. pursuant to a plan of arrangement will occur on June 16, 2014.
Timmins Gold Corp.announced today that it has established a special committee of independent directors to oversee the Company’s response to Sentry Investments’ dissident proxy solicitation and the Company’s process of Board renewal. The members of the special committee are Frank Cordova, Paula Rogers (Chair) and Jose Vizquerra.
Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports that it has initiated drilling at the San Pedro property in Michoacán, Mexico. Amarium has been engaged in exploration of the San Pedro Mine since mid-February, conducting trenching activity and soil sampling throughout the property.
Catalyst Copper Corp. announces that it will proceed with its proposed share consolidation as announced in its news release dated April 29, 2014, on the basis of three pre-Consolidation common shares for one post-Consolidation common share. The Consolidation was approved by the Company’s shareholders at its Annual General and Special Meeting held on May 26, 2014, and will be effective at the open of the market on Friday, June 6, 2014.
Avino Silver & Gold Mines Ltd. today announces further results from development of the sixth level of the San Gonzalo Mine and start of the 2014 drill program on the Avino property, located 80km northeast of Durango, Mexico.
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