N. Eric Fier, CEO, commented, “We are very pleased with the operating and financial performance of the Las Chispas Mine since achieving commercial production in Q4, 2022. During ramp-up, we exceeded many of the 2021 Feasibility Study targets including process plant recoveries, plant availability, and the target date to declare commercial production which led to an outperformance of recovered ounces in 2022.”
With Mr. Smith’s retirement, the Company is pleased to announce that Mr. Jamie Porter will be joining Agnico Eagle effective as of May 1, 2023, in the position of Executive Vice President, Finance & Chief Financial Officer.
Sierra Metals Inc. announced today that the Company, Banco de Credito del Peru and Banco Santander S.A. are engaged in advanced discussions on terms to refinance $18,750,000 of the $25,000,000 principal debt repayment obligations that are due in 2023 under the Company’s senior secured credit facility.
Bear Creek Mining Corporation is pleased to announce that, further to its news release dated October 26, 2022, it has revised the terms of the heads of agreement with Equinox Gold Corp. to amortize over a two-year period payment of the final US$25 million purchase price installment for the Mercedes Gold Mine in Sonora, Mexico.
“We are pleased to publish our first TCFD-aligned report, demonstrating our longstanding commitment to transparency and disclosure on sustainability issues that matter to our stakeholders,” says Dan Dickson, CEO.
“We are pleased with the results of the 2022 drill program at Media Luna. Infill drilling has reinforced our confidence in the quality of the resource model and provided valuable information which will be incorporated into future mine planning activities. Additionally, drilling targeting spatial gaps along the existing southern and northern boundaries of the deposit was successful in delivering the required drill density to bring incremental mineralization into the Inferred Resource category.”
“It is drilling results such as these which we anticipate will provide a very positive impact when our Mineral Resource Estimate and Preliminary Economic Assessment at Los Ricos South is updated later this year. “
Con el objetivo de continuar con la promoción de las bondades y oportunidades de desarrollo de Zacatecas y así atraer inversiones, el Secretario de Economía, Rodrigo Castañeda Miranda, realiza una gira de trabajo en Canadá, en el marco del Prospectors and Developers Association of Canada (PDAC) 2023, la convención más grande del mundo para empresas, organizaciones e inversionistas relacionados con la minería.
Aztec mobilized two field crews in February to conduct a surface exploration program comprised of road cut, reconnaissance outcrop and soil sampling, Terraspec SWIR data collection and geological mapping.
“Fresnillo delivered a resilient operating performance in 2022, with our people rising to meet a number of external challenges and deliver on our production guidance. Our financial results were impacted by industry pressures included volatile precious metal prices and higher cost inflation, while our workforce continued to feel the impact of the pandemic and caused delays to our development programme, and more specific to Mexico, the labour reform which limited the use of contractors requiring us to train new employees.”
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