Starcore Reports Q1 Results
Starcore International Mines Ltd. has filed the results for the first quarter ended July 31, 2019 for the Company and its mining operations in Queretaro, Mexico.
Starcore International Mines Ltd. has filed the results for the first quarter ended July 31, 2019 for the Company and its mining operations in Queretaro, Mexico.
“I am excited by the strong support shown by the Noteholders as demonstrated by the Interim Lender’s provision of the up to $3.75 million WC Facility, which will provide us with the working capital we need to meet our current customer demand and to continue to provide the highest standard of service through the CCAA proceedings,” said Marco Garrido, Director of Sales of Energold’s Mexico division.
Azure Minerals Limited is pleased to advise that a dispute over the recovery of IVA (the Mexican equivalent of GST) has been finalised with the Mexican tax authorities. This has resulted in the payment of Mx$10,337,075, approximately $767,000 Australian dollars (after conversion) to the Company’s 100% owned Mexican subsidiary Minera Azure SA de CV.
Newmont Goldcorp Corporation announced that the dialogue sponsored by the government of Mexico to resolve issues with a trucking contractor and the San Juan de Cedros community (one of Peñasquito’s 25 neighboring communities) has been suspended and that an illegal blockade has resumed.

La empresa minera Peñasquito, filial del grupo canadiense Goldcorp Inc, entregó a la Secretaría de Gobernación su propuesta a los planteamientos hechos por los representantes ejidales y los dirigentes de empresa transportista CAVA, que le demandaron crear incentivos para la comunidad.

“As the world’s leading gold company, Newmont remains focused on keeping our people safe, while growing our profit margins through operating, technical and financial discipline,” said Mr. Palmer. “We will also generate value for our shareholders by leveraging Newmont’s leading land position and exploration program in favorable jurisdictions to grow our Reserves and Resources.”
Jorge A. Ganoza, President, CEO and Director, commented, “The start of pre-production mining is one of the important milestones of the project as we go into the final stretch of construction…In its first full year of operation, Lindero is planned to produce between 145 to 160 thousand ounces of gold.”
Bacanora Lithium plc, the London traded lithium company, announces that Derek Batorowski has resigned as a Director of the Company and applicable subsidiaries effective 12 September 2019.

Leagold CEO Neil Woodyer stated: “These drill programs at Los Filos will contribute to the reserve base and extend the mine life. At the Los Filos underground mine, we have encountered a new zone of mineralization and have confidence of adding this to reserves.”

El comunicado firmado por el Lic. Jorge G. Villalobos, Presidente de Cemefi, señala: “Nos da mucho gusto constatar que gracias al compromiso y liderazgo de empresas como Minas de Oro Nacional – Alamos Gold, sigue creciendo en nuestro país la cultura de la responsabilidad social empresarial, para beneficio de todos.”
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