Goldgroup Mining Inc. is pleased to announce the closing of the first of two tranches of its previously announced non-brokered private placement financing. Pursuant to the first tranche, Goldgroup issued 5,535,909 units at a price of CAD$0.20 per unit and as a result received gross proceeds of CAD$1,107,182.
Sierra Metals Inc. is pleased to report the filing of its unaudited Financial Statements and Management Discussion and Analysis for the second quarter of 2014. All amounts are presented in US dollars unless otherwise stated. For the complete Financial Statements and/or MD&A please visit the Company’s website www.sierrametals.com or SEDAR at www.sedar.com.
Grupo México informó que luego del incidente en el complejo minero Buenavista del Cobre, en Sonora, la empresa procedió de inmediato a levantar un muro de contención para evitar que el derrame continuara y evitar que volviera a acontecer.
Golden Minerals Company is pleased to announce it has signed a contract to acquire the Santa Maria mine, a privately held property near the Parral District of southern Chihuahua State,Mexico located approximately 20 kilometers from the Company’s Los Azules project. Separately, the Company has released results of additional drilling at the Los Azules exploration property.
Debido a las fuertes lluvias se presentó un derrame de 40 mil metros cúbicos de ácido sulfúrico a los ríos Bacanuchi y Sonora, por lo que la Conagua multó a Grupo México con un millón 200 mil pesos; la empresa aún analiza las afectaciones a algunos municipios del estado de Sonora.
Jorge Carlos Flores Monge, titular de la Procuraduría Federal de Protección al Ambiente señala que por el solo hecho de no haber avisado, Grupo México tendrá que pagar una multa de 50 mil salarios mínimos, equivalentes a 3 millones de pesos, tan solo en lo que respecta a esta dependencia, y que aunque parece una cifra irrisoria no pueden imponerle más porque sería un abuso de autoridad.
El director General del Organismo de Cuenca Noroeste de Conagua, Alfonso Lagarda, aclaró que aunque las multas se imponen automáticamente en función a la ley vigente, Grupo México deberá proceder a la cancelación del origen de esta falla, además serán sometidos a una nueva revisión para conocer la condición de las instalaciones y deberán pagar todos los daños.
El delegado estatal de la Comisión Nacional del Agua (Conagua), César Lagarda Lagarda, informó que se detectaron metales pesados muy dañinos para la salud humana en el derrame de ácido súlfurico al río Sonora, producto de las actividades de la mina de Cananea. Además sostuvo que Grupo México, dueño de la mina de cobre, ocultó por uno o más días el incidente dado a conocer el viernes pasado.
Chesapeake Gold Corp. is pleased to announce that it has entered into an agreement whereby Chesapeake has assigned its interest in the 1.5% net smelter returns royalty on its Mexican Metates gold-silver property to Wheaton Precious Metals (Cayman) Co., a subsidiary of Silver Wheaton Corp., in consideration for US$9.0 million.
Fortuna Silver Mines Inc. today reported revenue of $44.3 million, cash generated from operations, before changes in working capital of $15.1 million and net income of $2.9 million in the second quarter of 2014.
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