Tag: Exploration and Development

SilverCrest Mines Inc. is pleased to announce results of underground infill drilling completed in July, 2014 at its 100% owned Santa Elena Mine in Sonora, Mexico. Twenty five closely-spaced underground drill holes, totaling 2,856 metres were completed to better define reserves and verify widths and grades for planned production stopes. The results of all holes included in this news release will be part of the resource update scheduled to be completed by early 2015.

United States Antimony Corporation reported that natural gas had been turned on at its Mexican Madero Smelter. Natural gas will be approximately seventy percent lower than the cost of propane, and it is expected to significantly increase the gross margin. The Company is also adding four more furnaces that will increase smelter output by 50% and start reducing the inventory of smelter feed. Presently, the smelter is shipping antimony metal of a very high grade similar to Chinese Grade 1. All production is in a sold out status.

Cerca de unos 250 transportistas que ofrecen sus servicios a la empresa acerera ArcelorMittal, amagaron con realizar un bloqueo a la entrada de la misma el próximo miércoles, toda vez que exigen el incremento del 25 por ciento a la tarifa por traslado de tonelada de mineral; la compañía solamente les ofrece un ocho por ciento, lo que ellos consideran un abuso.

GOLDCORP INC. today announced that its El Sauzal mine in Chihuahua, Mexico is experiencing movement in the highwall slope of the Trini pit. As a safety precaution, mining operations have been suspended until a geotechnical survey team can assess the potential impact of the instability on the mine’s operation. The current year represents the final year of El Sauzal’s active mine life, with 100,000 to 105,000 ounces of gold production expected in 2014. As of August 28, 2014 approximately 37,000 ounces of gold have been produced.

Economic activity has come to a complete standstill as authorities and Grupo Mexico struggle with a cleanup that could span over decades.

La Profepa impuso una segunda clausura parcial temporal a instalaciones de la mina Buenavista del Cobre de Grupo México, por incumplir requerimientos en materia de impacto ambiental y actividades altamente riesgosas.

Drilling to test priority targets near high grade Don Ese deposit; convert inferred resources to measured and indicated; undertake geotechnical testing – Program to upgrade last month’s successful Preliminary Economic Assessment (PEA) to PFS level – Base line studies commenced for environmental permitting applications

VVC Exploration Corporation is pleased to announce that its wholly owned subsidiary, Camex Mining Development Group Inc. has signed a loan agreement with Aeris Trading Corp. for a loan of up to US$4 million which was previously announced by press release dated August 11, 2014. The loan agreement has been conditional accepted for filing by the TSX Venture Exchange. The loan will provide funds for the completion of the permit and mine planning process on the Samalayuca Copper project in Northern Chihuahua Mexico which is 33.75% owned by VVC. Once the planned pilot mine is operating, the loan will be repaid from the proceeds of VVC’s share of the Samalayuca mining revenue.

En los ocho meses del 2014 en la industria minera zacatecana se ha registrado la muerte de cuatro trabajadores debido a accidentes laborales, confirmó el delegado de la Secretaría del Trabajo y Previsión Social (STPS), Gilberto Zapata Frayre.

Grupo México aseguró este lunes que su mina Buenavista del Cobre opera con normalidad luego de que autoridades hicieran el viernes un cateo en sus oficinas, en medio de una investigación por un derrame de 40 mil metros cúbicos de sulfato de cobre en los rios Bacanuchi y Sonora.