Month: September 2014

One senior Boleo mine executive dead, another missing

A senior executive for a Mexican copper mine that has experienced numerous troubles since it was started by Vancouver’s Baja Mining Corp. (TSX:BAJ) is dead and another missing following a hurricane that slammed the Baja Peninsula earlier this week, shutting down the mine.

Cananea, Grupo México y el racismo brutal de los Larrea

Grupo México fue colocado ayer aparentemente en la mira del PRI, y los resortes de la poderosa minera saltaron hasta arrojar no sólo acusaciones directas contra el corporativo de los Larrea de que son una empresa terriblemente violatoria de todas las normas legales y de convivencia con las comunidades, al extremo de practicar el racismo por la oriundez, y de que cuando menos debe poner 5 mil millones de pesos para el resarcimiento de lo que en Sonora cometió, y no solamente los 2 mil millones que pregona. Y, además, de que debe el Gobierno federal plantearse con seriedad cancelar la concesión de la mina de Cananea.

Baja Provides an Update on the Boleo Project

Baja Mining Corp. wishes to provide an update regarding the Boleo Project, in which it holds a 10% interest, and the impact of Hurricane Odile that hit the Baja Peninsula earlier in the week. Baja understands that although the hurricane was downgraded to a tropical storm in the region of Santa Rosalia, heavy rains and high winds in the area knocked out electricity and communications. Baja has been informed by Minera y Metalúrgica del Boleo S.A. P.I. de CV. and Korea Resources Corporation that there has been no notable damage to the project site and communications have been restored at the site but that the activity at the Boleo Project remains halted while the site is inspected and until clean-up is completed.

Arian Silver Corporation: Issue of Equity

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, reports that the Company has drawn down GBP 107,000 of its GBP 5 million Standby Equity Distribution Agreement with YA Global Master SPV Ltd, as announced by the Company on 27 September 2012.

Kootenay announces five drill holes completed on Promontorio’s silver mineralized La Negra Diatreme prospect

Kootenay Silver Inc. is pleased to announce the first 5 HQ diameter core holes of its Phase I drill program on its La Negra Diatreme Breccia prospect have been completed and are being submitted for assaying. The La Negra Diatreme Breccia prospect is contained within the ‘Promontorio Mineral Belt’ approx. 6.5 kms north of Kootenay’s flagship Promontorio Silver Resource inSonora, Mexico.

Guerrero Ventures Announces Drill Program

Guerrero Ventures Inc. is pleased to provide an update on ongoing exploration and operations related to the impending maiden drill program at its Biricu Project in the Guerrero Gold Belt, Guerrero State, Mexico.

Grupo México, detrás de una crisis / II

Cuando Germán Larrea dejó al gobierno del presidente Peña Nieto la advertencia de que se verían en los tribunales, su abogado era Fernando Gómez Mont, y llegó a Los Pinos su versión de que le habían pedido 200 millones de dólares para resolver el conflicto, dinero que, dijo, sería utilizado para las campañas políticas, se endureció la postura oficial.

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