The pipes have gone silent. Gone is the hum of water flowing through them to the worlds second-largest copper mine, just south of the U.S. border. Instead, in the normally empty desert here, tents and buses line the highway. Dust and smoke from cooking fires fill the air while hundreds of people listen to speeches and discuss the days events.
During the first quarter 2015, Golden Minerals generated concentrates containing approximately 94,000 payable ounces of silver and 460 payable ounces of gold, totaling 126,000 payable ounces of silver equivalents…
It’s been a busy twelve months on the acquisition front for Agnico Eagle Mines and the company continued its drive on April 10 with a $32-million bid for Toronto-based explorer Soltoro.
Mr. Kevin Drover, President & CEO stated, “Cost reduction has been our focus during 2014, yet our team has achieved the best year ever in silver production reaching 3.7 million ounces of silver equivalent for 2014. La Negra is positioned for growth and working toward becoming one of the lowest cost silver producers.
El Tigre Silver Corp. is pleased to announce the appointment of Carl Rosenau to the Company’s Board of Directors effective immediately.
Sierra Metals Inc. is pleased to announce the appointment of Mark Brennan as President and Chief Executive Officer, effective April 13, 2015. Mr. Brennan is replacing Sierra Metals’ former President and CEO, Audra Walsh, whose resignation was announced earlier today. In conjunction with his appointment as President and CEO, Mr. Brennan will also be joining the Company’s Board of Directors effective immediately.
Arturo Bonillas, President of the Company, stated Production this quarter was lower than expected due to slightly lower grades than anticipated. Grades are projected to trend upwards through the year as part of the mine schedule.
Sierra Metals Inc. reports production for the first quarter ended March 31, 2015 from its three underground mines in Latin America , the Yauricocha polymetallic mine in Peru and the Bolivar copper and Cusi silver mines in Mexico .
CANGOLD LIMITED announces that the TSX Venture Exchange has approved the issuance of 1,060,000 bonus common shares of the Company at a deemed price of $0.05 per Bonus Share, to Great Panther Silver Limited under the terms of a loan agreement dated February 25, 2015 among the Company, its Mexican subsidiary and Great Panther previously announced on February 26, 2015.
“Responding to numerous media reports, I want to make it perfectly clear, that neither I nor any member of McEwen Mining’s management team in Canada or in Mexico have had any regular contact with, or have any relationship with, cartel members.
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