Excellon Appoints New Director
October 25, 2012
Excellon Resources Inc. is pleased to announce the appointment of Oliver Fernández to the Board of Directors of the Company.
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Excellon Resources Inc. is pleased to announce the appointment of Oliver Fernández to the Board of Directors of the Company.
Grupo Mexico net income plunged 53.8% from $693 million in the third quarter of last year to $320.2 million for the third quarter of this year.
Mexican silver producer Fresnillo PLC said Thursday the Board has approved the feasibility study for the development of the 500 million dollar San Julian silver project, is a key project in reaching the Company’s goal to produce 65 million ounces of silver and 500,000 ounces of gold per year by 2018.
Alamos Gold Inc. today reported its operating and financial results for the quarter ended September 30, 2012 and reviewed its operating, exploration and development activities for the period. All amounts are expressed in United States dollars unless otherwise specified.
Kimber Resources Inc. reports its updated mineral resource estimate for the Carmen deposit, part of its Monterde project, located in the Sierra Madre Gold-Silver Belt of northwestern Mexico. The 2012 updated mineral resource estimate at Carmen highlights a number of improvements, including:
Avino Silver and Gold Mines Ltd. is pleased to announce the following operational update and third quarter production results from its Avino’s mine operation located near Durango, Mexico.
146 g/t (4.3 oz/T) Ag, 2.8% Pb, 1.9% Zn, 0.216 g/t Au over 43.4 metres including 381 g/t (11.1 oz/T) Ag, 10.6% Pb, 11.5% Zn, 0.354 g/t Au over 5.8 metres
The emergence of a large entrepreneurial community is essential for the development and growth of any country. For there to be a sizable number of new enterprises and for these to grow and thrive; they need funding, and this funding usually comes from venture capital (VC). In the U.S., large, venture-backed companies Amazon, Apple, Cisco, Google, Medtronic are major parts of the economic landscape. A recent study by the National Venture Capital Association and HIS Global Insight estimates that 11% of U.S. jobs were created by VC-backed companies.
— 4.6Mt @ 154 g/t AgEq initial Inferred resource estimate, containing
22.5moz AgEq (including 15moz Ag; 41,000t Pb; and 76,000t Zn);
— Recently completed IP survey identifies a potentially faulted offset of
the Princesa-America mineral system to the north.
Southern Copper Corp. (SCCO, SCCO.VL) said Wednesday third-quarter net earnings decreased to $217.9 million, compared with $663 million in the year-earlier quarter.
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