Tag: Investor’s Corner

Back in June last year, writing for the website gettingthedealthrough.com, Florencia Heredia and Maria Paula Terrel stated: “Latin America continues to be a relevant jurisdiction for mining investments. In spite of the downcycle and difficulties faced by the industry, the region still remains attractive and certainly a part of the world to continue watching.” Last month, Energy and Gold Publishing published a project report (on Canadian junior Fiore Exploration, active in Chile) that stated: “Latin America is clearly the leading growth continent for the resource industry as senior metals producers scramble to replace depleting reserves.”

Silver Bull is pleased to announce that the Shareholders have ratified and approved the appointment of Smythe LLP, as auditors of the Company (91,342,467 or 93.58% voted “For”, 2,251,299 or 2.31% voted “Against” and 4,017,684 or 4.11% abstained from voting) until the next annual meeting of shareholders or until their successor is appointed, at a remuneration to be fixed by the Company’s directors.

“Over the last two years, our renewed capital investment program has generated positive changes to the business,” said Keith Neumeyer, President & CEO. “We are projecting a 15% increase is silver production in 2018, however, most of this increase will be realized in the second half of the year as the new roaster at La Encantada ramps up to commercial production. Furthermore, with the recent increase in reserve grades, head grades at the mills are expected to improve resulting in higher production and lower costs as the year develops.”

“We worked through challenges early in the quarter and had an excellent finish, exceeding our previously indicated projections,” stated Brendan Cahill, President and Chief Executive Officer. “During the quarter, we completed development to advance production into the next levels of the Pierna, Rodilla and 623 mantos. We are now realizing higher grades and have ample dry inventory to deliver improved production going forward. We also continue to mill lower-grade historical stockpiles, which lower our overall head grade, but deliver good cash flow.”

Vangold Mining Corp. (TSXV: VAN) (OTC Pink: VGLDF) (FSE: E35B) is pleased to announce, following the Annual General meeting held April 17, 2018, the addition of Dr. David Terry PhD., P.Geo and Jonathan Challis P.Eng., B.Sc., MBA as directors of the Company.

Commenting on this news, Ron Tremblay, President and CEO, said, “The PEA Update confirms Levon’s belief in the upside mineral potential and positive economics that we always expected. With the successful completion of an infill drilling program and subsequent metallurgical, mining, geotechnical, and tailings studies, Levon remains confident that it will continue to improve the project towards commercial production in the future.”

Aura Silver Resources Inc. (TSX-V: AUU) announces that it is undertaking a non-brokered private placement offering to raise gross proceeds of up to $600,000. The Company has applied for, and received, conditional approval from the TSX Venture Exchange for a waiver from the five-cent minimum price requirement. Under the terms of the proposed offering, Aura Silver would issue a minimum of 5,000,000 units for gross proceeds of $150,000 and a maximum of 20,000,000 units for gross proceeds of $600,000. The units would be issued at $0.03 (3 cents) per unit.

Cientos de ex trabajadores de la empresa minera canadiense Alamos Gold se organizan para reclamar las utilidades que no han percibido desde el 2008 al 2014, asegura un ex trabajador.

Integral will trade securities of Goldplay on the TSXV for the purposes of maintaining an orderly market of Goldplay’s securities. In consideration of the services provided by Integral, Goldplay will pay Integral a monthly cash fee of $5,500 which is paid from the Company’s working capital account. Integral will not receive shares or options as compensation.

The silver equivalent production in Q1, 2018 increased by 9% compared to Q1, 2017 due to an increase in the tonnage processed and higher gold grades at the Avino Mine, together with higher silver grades at the San Gonzalo Mine. The gold production in Q1, 2018 increased by 12% compared to Q1, 2017 whereas the silver and copper production decreased by 3% and 5% respectively.