Capstone Mining Corp. today announced that it has entered into zero-cost collars for 36,000 tonnes of copper production between now and September 30, 2015 (with pricing periods from June 2015 to February 2016) at a minimum of US$2.60 and a maximum of US$3.10 per pound of copper. There was no cost to Capstone to put this protection in place.
Candente Gold Corp. advises that the Company has commenced leach extraction testwork at McClelland Laboratories, Inc. in Sparks, Nevada for Candente Gold’s Mexico Mine Tailings Recovery Operation located in El Oro, Mexico.
Silver Standard Resources Inc. has received the final cash payment in the amount of $20 million from the sale of the San Agustin project in Durango, Mexico to Argonaut Gold Inc., which was completed in December 2013. As part of the consideration, Silver Standard retains a 2% net smelter return royalty on sulphide ore produced from San Agustin.
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