Debido a la reforma hacendaria y conflictos con ejidatarios por la renegociación de las tierras, así como a una menor producción de los proyectos mineros en México, el costo de extracción de oro y plata se incrementó entre 13 y 20%, respectivamente en el último año.
Agnico Eagle Mines Limited and Yamana Gold Inc. are pleased to announce today the completion of their previously announced court-approved plan of arrangement pursuant to which Agnico Eagle and Yamana have jointly acquired 100% of the issued and outstanding common shares of Osisko Mining Corporation. Osisko’s common shares will be de-listed from the Toronto Stock Exchange as at the close of business today.
El Tigre Silver Corp. is pleased to announce additional strong assay results of a recently completed extensive underground and surface sampling exploration program at its El Tigre Silver and Gold Project in northern Sonora, Mexico. El Tigre is reporting assay results from the Protectora vein area (Figure 1) that include 0.8 meters of 1,148 g/t silver equivalent – 10.50 g/t Au and 518 g/t Ag. A total of 126 surface and 30 underground samples were collected from the Protectora vein area.
“Many of the conditions that adversely impacted our results in Q4 FY 2014 carried over into Q1 FY 2015, most notably with respect to Heavy Civil and Mineral Services; however, we believe that Water Resources, Inliner, Geoconstruction and Energy Services are positioned to improve their financial performance in FY 2015.
Avino Silver and Gold Mines Ltd. is pleased to report that the dewatering operation of the Avino mine was completed as of May 28, 2014. This operation was initiated on November 24th, 2012 for a total of 482 days. During this period, a total of 1,013,069 cubic metres of acidic water were pumped and treated for the removal of base metals using lime. The treated water, which met agricultural standards for discharge was used for mill processes and the excess was gravity fed to the company built La Caricol dam; sludge from the water treatment was disposed of in the tailings storage facility.
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