Azure Minerals Limited is pleased to announce that exploration has commenced at the Promontorio Project, marking the first stage of activity under the Earn-In and Joint Venture Agreement with Kennecott Exploration Mexico S.A. de C. V., part of the Rio Tinto Group.
Primero Mining Corp. today announced the closing of its offering of US$75 million aggregate principal amount of 5.75% convertible unsecured subordinated debentures maturing on February 28, 2020, as previously announced on January 20, 2015. Primero has granted the syndicate of underwriters, led by RBC Capital Markets, and including BMO Capital Markets, Scotiabank, Canaccord Genuity Corp., CIBC World Markets Inc. and TD Securities Inc., an option to purchase additional Debentures in an amount equal to up to 15% of the Offering, on the same terms and conditions, exercisable in whole or in part at any time up to 30 days following today’s closing.
Evrim Resources Corp. is pleased to announce the appointment of Alain Charest as Senior Geologist for Evrim. Mr. Charest will head Evrim’s exploration initiative in Mexico for project acquisition and business development.
Gold Resource Corporation today announced preliminary 2014 fourth quarter and year-end mill production. Annual gold production increased by 4.7% and annual silver production increased by 8.7% over the prior year respective production totals. Due to 2014 metal market volatility, the Company’s production on a precious metal gold equivalent basis equated to approximately 19,057 AuEq ounces for the fourth quarter and 83,902 AuEq ounces at the year ended December 31, 2014, which was just below the Company’s 2014 annual production target of 85,000 AuEq ounces. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned over $102 million to shareholders in monthly dividends since commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Arian Silver Corporation, a silver exploration, development and production company focussed on silver projects in the silver belt of Zacatecas, Mexico, is pleased to report that it has successfully purchased the 2% Net Smelter Return royalty on its wholly owned San José project.
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