Paramount Gold and Silver Secures Critical Water Rights for Its 100%-Own San Miguel Project in Mexico

Paramount Gold and Silver Corp. today announced it has received final confirmation from CONAGUA, a division of SERMANAT, Mexico’s Environmental and Natural Resources Ministry, granting Paramount permanent rights to 995,000 cubic meters of water per year for its San Miguel Project, equivalent to 31.6 liters per second. Paramount conducted pumping tests to determine that this extraction rate would not affect phreatic levels in the surrounding area.

Capstone Reports Senior Management Change

Capstone Mining Corp. today announced the resignation of Mr. Tony Giardini, CA, CPA, as Sr. Vice President and Chief Financial Officer of Capstone, effective November 30, 2012.

$1,000,000 Private Placement with Capstone Mining Corp Closes

Westminster Resources Ltd. wishes to announce that it has closed the non-brokered private placement of 10,000,000 shares for net proceeds of $1,000,000 announced in its press release dated October 26, 2012. With the closing of this placement Capstone Mining Corp. now owns 17.27% of the Company’s issued and outstanding shares.

Bandas narcos controlan minas de carbón en México

La denuncia repercute en México a través del diario Reforma: grupos de narcotraficantes gestionan la explotación de minas de carbón en e l estado de Coahuila con el apoyo de tres empresas que los ayudan a lavar dinero. Casualmente en estos días las tres empresas mineras más grandes de México (una de ellas propiedad de Carlos Slim) anunciaron inversiones multimillonarias en el sector.

Gold Resource Corporation Declares October Monthly Dividend

Gold Resource Corporation declares its instituted monthly dividend of $0.06 per common share for October 2012 payable on November 23, 2012 to shareholders of record as of November 12, 2012. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

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