During a time of continued stagnation in both share prices and sentiment in the mining sector, Rob McEwen, Chairman and Chief Owner of McEwen Mining, was kind enough to share a few comments.
El Tigre Silver Corp. is pleased to announce that it will be applying to the TSX Venture Exchange for approval to the extension of the expiry date of 2,232,000 common share purchase warrants issued on December 30, 2011 and January 26, 2012 from December 30, 2013 to December 30, 2014 and January 26, 2014 to January 26, 2015, respectively. These warrants were issued as part of a private placement transaction and are exercisable at $0.40 into 2,232,000 common shares of the Company.
Intergeo MMC Ltd., a mining company controlled by Russian billionaire Mikhail Prokhorovs Onexim Group, agreed to acquire Vancouver-based copper producer Mercator Minerals Ltd. to gain a listing in Canada.
Canasil Resources, a Vancouver-based mining and mineral exploration company engaged in precious metal and base metal exploration projects in Durango, Zacatecas and Sinaloa States, Mexico and British Columbia, announced today that MAG Silver had commenced the Phase 1 drill program at Canasil’s Salamandra Project in Durango.
Kootenay Silver Inc. As a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify its disclosures regarding its Promontorio Silver Project and the La Negra Project, located in Sonora, Mexico.
Starcore International Mines Ltd. has filed the results for the first quarter ended October 31, 2013 for the Company and its mining operations. The full version of the Company’s Financial Statements and Management’s Discussion and Analysis can be viewed on the Company’s website at www.starcore.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian dollars unless otherwise indicated.
It’s been a rough few weeks for Goldcorp, suffering as it has setback after setback to operations throughout the Western hemisphere, and now investors can add two more to the list: the threat of a lawsuit over its Penasquito mine in Mexico and a multimillion dollar fine for health and safety violations at its Cerro Negro project in Santa Cruz.
San Marco Resources Inc. announces that, in accordance with its Stock Option Plan, it granted, on December 9, 2013, stock options to purchase 2,100,000 common shares of the Company to its directors and officers. The options are exercisable for a period of 5 years at a price of $0.10 per share.
Animas Resources Ltd. is responding to the announcement this morning by Marlin Gold Mining Ltd. that it intends to make an offer to acquire all of the outstanding common shares of Animas at $0.10 per share. It should be noted that Marlin’s press release does not constitute a formal offer and until such time as a takeover bid circular is prepared and mailed to shareholders, there is no offer.
Aurcana Corporation announces that the Company has received Warrant holder approval to amend the terms of certain outstanding common share purchase warrants which were issued as part of a private placement of equity units that closed in December of 2010. The Company previously announced its intention to amend the Warrants in a news release dated November 1, 2013.
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