Month: September 2014

Camioneros exigen a ArcelorMittal pago digno por traslado de mineral

Cerca de unos 250 transportistas que ofrecen sus servicios a la empresa acerera ArcelorMittal, amagaron con realizar un bloqueo a la entrada de la misma el próximo miércoles, toda vez que exigen el incremento del 25 por ciento a la tarifa por traslado de tonelada de mineral; la compañía solamente les ofrece un ocho por ciento, lo que ellos consideran un abuso.

Goldcorp reports pit wall instability at El Sauzal mine

GOLDCORP INC. today announced that its El Sauzal mine in Chihuahua, Mexico is experiencing movement in the highwall slope of the Trini pit. As a safety precaution, mining operations have been suspended until a geotechnical survey team can assess the potential impact of the instability on the mine’s operation. The current year represents the final year of El Sauzal’s active mine life, with 100,000 to 105,000 ounces of gold production expected in 2014. As of August 28, 2014 approximately 37,000 ounces of gold have been produced.

Clausura Profepa otra vez mina de Grupo México

La Profepa impuso una segunda clausura parcial temporal a instalaciones de la mina Buenavista del Cobre de Grupo México, por incumplir requerimientos en materia de impacto ambiental y actividades altamente riesgosas.

Flinders Resources to Acquire Big North Graphite

Flinders Resources Limited and Big North Graphite Corp. jointly announce that they have entered into a binding letter agreement August 29, 2014, under which Flinders will acquire all of the issued and outstanding common shares of Big North by way of a plan of arrangement under the Business Corporations Act(British Columbia). Upon completion of the Arrangement, Big North will become a wholly-owned subsidiary of Flinders.

Yamana Gold Announces New Appointments to Board of Directors

YAMANA GOLD INC. today announced Christiane Bergevin and Jane Sadowsky have joined its Board of Directors. The appointment of Ms. Bergevin and Ms. Sadowsky reflects the Board’s focus on broadening diversification, and gender diversification in particular, and maintaining the highest standards of governance and stewardship.

VVC Signs $4 Million Loan Agreement and Announces Proposed Timeline for Samalayuca Copper Project Pilot Mining Production

VVC Exploration Corporation is pleased to announce that its wholly owned subsidiary, Camex Mining Development Group Inc. has signed a loan agreement with Aeris Trading Corp. for a loan of up to US$4 million which was previously announced by press release dated August 11, 2014. The loan agreement has been conditional accepted for filing by the TSX Venture Exchange. The loan will provide funds for the completion of the permit and mine planning process on the Samalayuca Copper project in Northern Chihuahua Mexico which is 33.75% owned by VVC. Once the planned pilot mine is operating, the loan will be repaid from the proceeds of VVC’s share of the Samalayuca mining revenue.

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