Arian Silver Corporation a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, is pleased to announce today the appointment of Oliver Rodz and David Laing as non-executive directors effective from 17 November 2014.
Teck Resources Limited announced today that it will pay an eligible dividend of $0.45 per share on its outstanding Class A common shares and Class B subordinate voting shares on January 2, 2015, to shareholders of record at the close of business on December 15, 2014.
Argentum Silver Corp. announces that it has closed the second and final tranche of its private placement in the amount of 375,000 units at $0.055 per unit for total gross proceeds of $20,625. Each unit consists of one common share and one transferable share purchase warrant, each warrant entitling the holder to purchase one additional common share for a period of two years at a price of $0.10 per share.
Sierra Metals Inc. is pleased to announce the appointment of Mr. Ed Guimaraes as Chief Financial Officer effective November 17, 2014. Ed will replace Fernando Piccini, whose resignation was announced on September 5, 2014.
Cayden Resources Inc. is pleased to announce that Mexican anti-trust approval has been obtained for its previously announced plan of arrangement with Agnico Eagle Mines Limited pursuant to which Agnico Eagle will acquire all of the issued and outstanding common shares of Cayden, including common shares issuable on the exercise of outstanding options and warrants of Cayden. Receipt of Mexican anti-trust approval follows approval of the Arrangement by Cayden securityholders and by the Supreme Court of British Columbia October 27, 2014 and October 29, 2014, respectively.
Sierra Metals Inc. is pleased to report the filing of its unaudited Financial Statements and Management Discussion and Analysis for the third quarter of 2014. All amounts are presented in US dollars unless otherwise stated. For the complete Financial Statements and/or MD&A please visit the Company’s website www.sierrametals.com or SEDAR at www.sedar.com.
SilverCrest Mines Inc. is pleased to announce its financial results for the third quarter ended September 30, 2014. All financial information is prepared in accordance with International Financial Reporting Standards and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2014, and associated management discussion and analysis which are available from the Company’s website at www.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.
Golden Minerals Company is pleased to announce the appointment of Andrew Sharp as General Manager for the Company’s Velardena Properties located in northeastern Durango State, Mexico. Mr. Sharp brings over 25 years of global mining exploration, mine planning, mine operations and general mine management experience to the role, most recently serving as Vice President of Technical Services for Silver Standard Resources. In this role Mr. Sharp led an eight-month turnaround of operations at Silver Standard’s Pirquitas Mine in northern Argentina, achieving a 24 percent reduction in costs while maintaining historically high metals production. Previously, Mr. Sharp served as General Manager of Great Panther Silver’s Minera Villa Seca S.A. de C.V. subsidiary where he was responsible for the 700-employee Guanajuato underground mine in Mexico as well as its plant, administration and safety. Earlier, Mr. Sharp served as Manager of Technical Services for Projects and as Manager of Mine Planning in Mexico for Pan American Silver. Mr. Sharp graduated with Second Class Honours from the Western Australian School of Mines with a Bachelor of Engineering degree.
U.S. Silver and Gold Inc. and Scorpio Mining Corp. have agreed to merge, and will continue doing business under the Scorpio Mining name.
Soltoro Ltd. has filed a Technical Report for its 100% owned El Rayo silver project on SEDAR and the Company’s website. The updated Mineral Resources included in the NI 43-101 Technical Report were prepared by Agnerian Consulting Ltd. in support of the resource update and reflects minor changes to the Mineral Resources originally summarized in a news release on September 29, 2014. The Technical Report includes an updated estimate of the Las Bolas, La Soledad, Highway Zone silver deposits, and the El Rayo gold deposit, as well as a first time disclosure of the Mineral Resources for the historic Catarina mine. The revision considers a smaller tonnage, higher grade resource than previous estimates, which could be exploited through a combination of small open pit and underground operations.
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