Month: January 2014

Caminaron por las calles principales de Bermejillo

Trabajadores mineros marcharon en silencio, exigieron mejores condiciones de trabajo y honraron la memoria de sus compañeros fallecidos en la mina La Platosa. Evaristo Nava Soto y Jorge Carrillo Rivera murieron el jueves pasado a causa de una descarga eléctrica en la mina propiedad de Excellon Resources Inc.

Fortuna reports 2013 record production of 5.9 million silver equivalent ounces and issues guidance for 2014

Fortuna Silver Mines, Inc. is pleased to announce 2013 production figures from its two underground operating silver mines located in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 4.6 million ounces of silver and 21,242 ounces of gold or 5.9 million Ag Eq* ounces.
For 2014, silver production is scheduled to grow by 30% to 6 million ounces and gold production by 51% to 32,300 ounces or 8 million Ag Eq ounces, plus base metal by-products, at an estimated all-in sustaining cash cost** of US$17.14 per ounce of silver.

Geologix Update And Private Placement Offer

Geologix has received four environmental permit approvals from SEMARNAT (Secretaria de Medio Ambiente y Recursos Naturales) in Mexico in addition to its existing approved primary environmental permit (MIA). The Company’s Tepal project in Mexico is now fully compliant in its environmental and archeological permits.

Freyja Resources Inc. Announces Amendment to Private Placement of Units

Freyja Resources Inc. announces that, further to its press releases dated November 28, 2013 and December 10, 2013, it has amended the terms of its private placement of up to $600,000 of units to increase the size of the offering to up to $615,000 of Amended Units and to reflect a price of $820 per Amended Unit from a price of $1.00 per Unit. Each Amended Unit will be comprised of $1,000 principal amount of 12% unsecured, non-convertible debentures, which will mature thirty-six months from the date of issuance and 1,901 common shares in the capital of the Corporation. The terms of the finder’s warrants have been amended such that each warrant entitles the holder to purchase one Amended Unit at a price of $820 per Unit for a period of eighteen months from the closing of the Offering. The remaining terms of the Offering have not changed.

About Freyja

Excellon Resources Inc. : Fatal accident at Excellon’s Platosa Mine

Excellon Resources Inc. announces with great regret and sorrow that two employees were fatally injured by an electrical shock yesterday evening during routine operation of an underground pump in the Platosa Mine in Durango, Mexico. Mine rescue workers were dispatched immediately and the injured employees were removed from the mine. Unfortunately, despite the efforts of the responders, they were later pronounced dead at the hospital. The families of the workers were notified and the Company is ensuring that they receive all possible support.

All News