Osisko Mining Corporation is pleased to report February cash costs per ounce(1) of US$555 (C$613) at its flagship Canadian Malartic mine. Osisko previously announced production of 46,154 ounces of gold with record average daily gold production of 1,648 ounces for the month of February.
A Mexican district court and now court of appeals both have rejected attempts by Germán Larrea Mota Velasco, CEO of Grupo Mexico SAB de CV to compel Tucson, Arizona-based Americas Mining Corporation, a GMexico subsidiary, to answer as co-defendant in the longstanding personal breach of contract lawsuit brought by U.K. investment firm Infund LLP. Larrea is the controlling shareholder of GMexico and No. 67 on the Forbes 2014 Worlds Billionaires list.
Evrim Resources Corp. has been advised by its partner, First Quantum Minerals Inc., that it is relinquishing its options to earn up to a 60% interest in the Suaqui Verde and Cardeleña projects in Sonora, Mexico.
Sierra Norte de Puebla.- Geográficamente divididos por la cadena de montañas de la Sierra Madre Oriental, la defensa de la tierra y del agua ha unido a los indígenas nahuas y totonacos y a los mestizos que habitan el norte del estado de Puebla en un frente contra la explotación minera y la instalación de plantas hidroeléctricas.
Catalyst Copper Corp. announces that it has entered into loan agreements with several private lenders, including an insider of the Company, the Radcliffe Foundation, for an aggregate amount of $1.2 Million bearing interest at a rate of 10% per annum, compounded monthly in arrears. The principal amount of the Loans is due and payable on December 31, 2014. The Company has executed a security agreement in favour of the Lenders granting a first security interest in all present and future undertaking and property of the Company to the Lenders.
Canarc Resource Corp. announces that it has closed the first tranche of its previously announced non-brokered private placement equity financing.
Scorpio Mining Corporation today reported its financial and operating results for the fourth quarter and year ended December 31, 2013. This press release should be read in conjunction with the Company’s audited Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2013, as available on the Company’s website at www.scorpiomining.com and on SEDAR at www.sedar.com. All monetary figures are expressed in Canadian dollars unless otherwise specified.
Primero Mining Corp. is pleased to announce that the Company will be included in the NYSE Arca Gold Miners Index (GDM), the preeminent index covering the gold mining industry and the S&P/TSX Equal Weight Global Gold Index, a subset of the S&P/TSX Global Gold Index.
Santacruz Silver Mining Ltd. is pleased to provide production results and an update of activities at its Rosario Mine located in San Luis Potosi, Mexico.
American Consolidated Minerals Corporation announces the appointment of Bryson Goodwin as President of the Company, replacing Gary Arca who has been serving as Interim President since December, 2013.
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