The assets of Yaque consists of two mineral exploration properties located within the major “Sonora Gold Belt” of northern Mexico. The projects are located between the La Colorada Gold, La India, and Mulatos Gold Mines.
El proyecto Juanicipio que inició en noviembre de 2013 pretende comenzar los trabajos como una unidad minera en 2021, aunque todo dependerá de que se llegue a las vetas de minerales preciosos, pues hasta el momento se han explotado cerca de 2 kilómetros a una profundidad de 600 metros.
Gold Resource Corporation declares its monthly instituted dividend of 1/6 of a cent per common share for May 2019 payable on June 24, 2019 to shareholders of record as of June 11, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.
Alamos Gold Inc. today announced that the Companys Board of Directors has declared a quarterly dividend of US$0.01 per common share. This represents the Companys 10th consecutive year of paying a dividend during which time the Company has returned $147 million to shareholders through dividends and share buybacks.
La Unidad de Inteligencia Financiera (UIF) de la Secretaría de Hacienda bloqueó las cuentas de Emilio Lozoya, exdirector de Petróleos Mexicanos (Pemex), y de Altos Hornos de México (AHMSA), tras identificar en el sistema financiero nacional e internacional múltiples operaciones con recursos que presuntamente no proceden de actividades lícitas y que posiblemente sean resultado de actos de corrupción.
Pursuant to the option agreement dated September 25, 2018 and amended March 22, 2019 comprising the Qualifying Transaction, the Corporation has acquired from the Seller an option to acquire a 100% undivided interest in two mining claims located in the municipality of Yecora, Sonora, Mexico, for a four-year period. The Property consists of two contiguous claims covering an aggregate area of approximately 345 hectares is located approximately 250 kilometers east-southeast along the Federal Highway 16 from the state capital, Hermosillo.
Entre los principales proyectos mineros de México está la ampliación de la mina la Ciénega, ubicada en Durango y donde Fresnillo plc programó inversiones por 55 millones de dólares.
PRIZE MINING CORPORATION is pleased to announce that, further to its news release of May 1, 2019, it has closed the first tranche of a non-brokered private placement of 25,200,000 common shares at a price of $0.025 per Share for gross proceeds of $630,000.
Fred Davidson, President & CEO of IMPACT, stated, “In Q1 2019, silver prices continued to be challenging with prices below $16 USD/ounce. In reaction to these persistent low metal prices, IMPACT has reduced tonnage and focused on higher grades which resulted in a 16% reduction in cost and a 23% decline in revenue during the quarter. Going forward given the current silver price environment, we aim to break even on existing production levels while metal prices remain depressed and explore selective high-grade targets which IMPACT may fast track to higher grade production.”
Minera Alamos Inc. is pleased to announce the appointment of Carolina Salas as Vice President Technical Services. Ms. Salas, who has worked with the Companys senior management group at previous Mexican gold operations, will oversee final preparations related to the construction of commercial scale gold production facilities at the Santana Project in Sonora. Her addition will add further project development and operations expertise to an already strong in-country team with a proven track record successfully developing low capex gold projects.
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