“We appreciate the government’s efforts to uphold the law by assuring ongoing access to and from Peñasquito while continuing to sponsor the dialogue process, should that continue to be needed,” said Tom Palmer, President and Chief Executive Officer. “Our focus is on ensuring a safe start up of operations so our workforce can return to their jobs in an orderly manner.”
Octavio Alvídrez, Chief Executive Officer, said: “We continued to implement the performance improvement plan for our Fresnillo District mines during the third quarter. This programme includes intensive infill drilling to improve the geological model, dilution control and raising development rates, whilst also taking actions to address maintenance performance, contractor productivity and equipment availability. As a result, while grades remain variable, we are now processing higher volumes of ore on a more consistent basis at Fresnillo.”
“Podría ser la unidad minera más grande productora de oro de México una vez que arranque la Media Luna”, dijo Alfredo Phillips, director de Asuntos Corporativos de México de Torex Gold.
Newmont Goldcorp Corporation today announced that its Board of Directors declared a quarterly dividend of $0.14 per share of common stock, payable on December 27, 2019, to holders of record at the close of business on December 5, 2019.
Magna Gold Corp. is pleased to announce that further to its press releases dated June 11, 2019 and October 17, 2019, the Company has issued 99,502 common shares in the capital of the Company at a deemed issue price of $0.25125 per Share to VRIFY Technology Inc., in consideration for the provision of technology services. The Consideration Shares will be subject to a hold period of four months and one day from the closing date.
La Procuraduría Federal de Protección al Ambiente (Profepa) entregó Certificados de Industria Limpia del Programa Nacional de Auditoría Ambiental (PNAA) a dos empresas de Ternium
Vista Gold Corp. today announced receipt of the third $1.5 million option payment from Prime Mining Corp. for the Guadalupe de los Reyes gold/silver project in Sinaloa, Mexico.
One World Lithium Inc. announces that the previous non-brokered private placement announced on September 5, 2019 is replaced with a non-brokered private placement of unsecured convertible notes in the aggregate principal amount of up to $1,000,000.
Andrew Bowering, President of Prime Mining Corp. announced today that excellent progress is being made in the exploration and development program underway at the Los Reyes gold-silver project in Mexico for a planned forty-five-hundred-tonne-per-day heap leach operation. Prime also announces that it has made the 3rd US$1.5 million payment to Vista Gold Corp. to acquire 100% interest in the Los Reyes Gold Project. Pursuant to an option assignment agreement with Minera Alamos Inc, Prime Mining has now paid US$4.5 million of the total US$6 million purchase price. A final payment of US$1.5 million is due the sooner of October 23, 2021 or within 30 days of the announcement of a production decision.
Defiance Silver Corp. is pleased to announce the appointments of Messrs. George Cavey P.Geo and Douglas Cavey of OreQuest Consultants to its Advisory Board and Technical Committee. OreQuest will design and execute the ongoing exploration program at Defiance’s San Acacio project.
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