“Mining, development and processing activities at San Francisco are progressing well and initial mine performance has exceeded expectations. With pre-stripping activities in full progress, we are poised for an exciting and profitable 2021 as the mine ramps up to full-scale operations.”
“The Yauricocha Mine had a strong third quarter and we continued to recover annual production tonnage lost due to the COVID-19 pandemic. The robust production in the third quarter coupled with improved metal prices resulted in significant improvements to EBITDA, cashflow and net income. Yauricocha’s performance in 2020 continues to excel for the Company and its shareholders.”
The funds will be used towards the development of the Camino Rojo Oxide Gold Project located in Zacatecas State, Mexico.
Fresnillo plc recibe por onceava vez consecutiva el premio Ética y Valores otorgado por la Confederación de Cámaras Industriales (Concamin) en el marco de la Reunión Anual de Industriales 2020 (RAI), evento que se llevó a cabo de manera virtual.
La empresa realiza aportaciones para que los habitantes de la región cuenten con los insumos indispensables que garanticen una atención médica de calidad y eficiente.
The net proceeds of the Offering will be used to for the advancement of the Company’s Magino Project and for general corporate purposes.
Ante las dificultades económicas derivadas de la pandemia por Covid-19, el programa incrementó su alcance 81% respecto al ciclo anterior.
During the quarter, 10,053 tonnes of ore were mined at Plomosas, which was higher than the first quarter production of 9,987 tonnes, despite operations being impacted during August by the poor availability of key equipment and spare parts, some of which were due to delayed supply from suppliers and manufacturers who were shut down during the second quarter.
As reported in News Release dated, October 22nd, 2020, samples collected to check historical reporting confirmed grades of 5.663 grams per tonne gold over 6 metres and 4.322 g/t gold over 8 metres in quartz breccia bodies which we understand are typical throughout the deposit.
“Despite ongoing challenges related to the COVID-19 pandemic, Agnico Eagle’s operations had strong performance in the third quarter of 2020. Many of our operations set monthly or quarterly production records, which is a testament to the hard work of our employees and the continued support of our local communities in these difficult times”, said Sean Boyd, Agnico Eagle’s Chief Executive Officer.
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