Quetzal Copper Corp. announces the addition of Ms. Lisa Thompson and the departure of John Fraser to the Company’s Board of Directors effective November 19, 2024.
Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “Following the successful restructuring of the Share Purchase Agreement (SPA) with Glencore, the Company has significantly enhanced its financial position. This achievement, coupled with strong operational performance and solid revenue growth, led to a successful third quarter, highlighted by $78 million in revenue, $16 million in EBITDA, and $18 million in cash and cash equivalents.”
La Comisión de Hacienda y Crédito Público de la Cámara de Diputados aprobó por 22 votos a favor y 10 en contra, la reforma para incrementar el cobro de derechos en actividades como minería, migración, así como por el uso y explotación de Áreas Naturales Protegidas (ANP).
Tim Warman, Atacama’s CEO, commented: “These wide-spaced, expansion holes at Los Ingleses confirm the presence of high-grade mineralization on the eastern edge of the planned grid drilling, indicating the start of another high-grade shoot plunging to the east. This is an excellent start for expansion on a second vein system. More drilling will be required to extend the mineralization and add to the overall resource along the identified plunge.”
Southern Silver Exploration Corp. announces that it proposes to undertake a non-brokered private placement consisting of 10,000,000 units at $0.22 for gross proceeds of $2,200,000.
Silver Storm Mining Ltd. announces the Company’s transition and succession plan for the role of Chief Financial Officer. Mr. Carmelo Marrelli, the Company’s current CFO, will be stepping down from his position once a suitable successor is appointed.
Golden Minerals Company today announced it has closed on the sale of its Yoquivo gold-silver project (located in Chihuahua State, Mexico). The buyer is Advance Metals Limited (ASX: AVM) (“AVM”), an ASX-listed entity focused on the acquisition, discovery, and advancement of high-quality metals projects.
Sierra Mojada Resources announces a monumental breakthrough with the UNANIMOUS approval of a RESOLUTION by the “Cooperativa de Explotacion Minera Mlneros Nortenos,” CONDITIONALLY ending the five-year blockade at the Silver/Zinc mining project in Sierra Mojada, Mexico.
Positive mine operating income of $515,576; Q3 represents the second consecutive quarter of positive income from mining operations.
The Mexican government, through the Ministry of Finance (SHCP), proposed to Congress to increase two tax rights paid by the mining industry, according to press
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