Tag: Investor’s Corner

McEwen Mining Inc. consolidated production in 2018 was 135,124 gold ounces and 3,032,727 silver ounces, or 175,561 gold equivalent ounces

“The economic engine and two largest mines of the Company, Greens Creek and Casa Berardi, continue to perform strongly and generate significant cash flow,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “Their performance is a direct result of our investments which have enabled record-setting throughput. San Sebastian’s lower production is as planned, and the mining of the sulfide bulk sample has begun. We continue to focus on increasing the development rate in Nevada rather than production, with the goal of setting Fire Creek up for more consistent and higher production in the future.”

Oroco Resource Corp. announces that further to its news release dated October 9, 2018, Oroco has engaged an independent qualified person in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects to prepare a technical report on the Santo Tomas Concessions.

“Alamos produced a record 505,000 ounces of gold in 2018, meeting production guidance and marking an 18% increase from 2017. This was driven by strong performances from Mulatos and Island Gold, the latter setting a new record for production and continuing to demonstrate strong potential for growth in mineral reserves and resources,” said John A. McCluskey, President and Chief Executive Officer.

SilverCrest Metals Inc. is pleased to announce the promotions of Stephany (“Rosy”) Fier to the position of Vice President, Exploration & Technical Services and Nicholas Campbell as Executive Vice President, Business Development for the Company.

“First Majestic had a record year in 2018 producing 22.2 million silver equivalent ounces following the successful acquisition and integration of the San Dimas Silver/Gold mine,” said Keith Neumeyer, President & CEO. “The addition of San Dimas effectively doubled our production profile and total Mexican workforce overnight. Unfortunately, due to falling silver prices in the second half of 2018, we needed to implement various cost cutting measures including placing the La Guitarra mine on care and maintenance, reducing our workforce by approximately 15%, and scaling back capital investments by approximately 20%. These cost cutting measures have been successful and we remain focused on improving margins and will continue to react further if necessary.”

GOLDCORP INC. is pleased to report gold production for the fourth quarter of 630,000 ounces, which was a 25% increase from the third quarter of 2018 and exceeded previously stated guidance. Production for the year ended 2018 was 2,294,000 ounces. All-in sustaining costs for the full year are expected to be at the revised guidance of $850 per ounce. Goldcorp’s complete 2018 financial results will be released on February 13, 2019.

Pan American Silver Corp. is pleased to announce that Tahoe Resources Inc. today received a final order of the Supreme Court of British Columbia approving the previously announced plan of arrangement pursuant to which Pan American will acquire all of the issued and outstanding shares of Tahoe.

La empresa opera en siete minas y se tienen dos proyectos en desarrollo y además de una importante cartera de planes para expansión. De estas siete, Minera Fresnillo es de las de actividad más importante en el país y forma parte de una tradición minera de más de 500 años en México.