Day: May 18, 2015

Ejército peruano resguarda mina de Grupo México; protestas se extienden

El proyecto minero de Grupo México en Arequipa, Perú, ha convertido a esa comunidad en una zona de disturbios que se han extendido a otras regiones del país. Las autoridades peruanas investigan el intento de soborno de líderes disidentes por parte de la filial del mexicano Germán Larrea, mientras que miles de ciudadanos han iniciado movilizaciones para llamar a la paz.

U.S. Antimony Reports IMMEX Certification in Mexico

United States Antimony Corporation reported that its Mexican subsidiary, USAMSA, has received IMMEX certification. This allows the Company to import raw materials without paying a 16% value added tax as long as it exports 60% of the value of the raw materials in a twelve month period.

AuRico Gold Inc. Provides Information Concerning Conversion Rights for Holders of the 3.50% Convertible Senior Notes due 2016

As previously announced, AuRico Gold Inc. has entered into a definitive agreement with Alamos Gold Inc. to combine their respective companies by way of arrangement. Under the terms of the Merger, and subject to adjustment as provided in the Arrangement Agreement between the Company and Alamos, holders of Alamos shares will receive, for each share held, 1 share in the combined company and US$0.0001 in cash, and holders of AuRico shares will receive, for each share held, 0.5046 MergeCo shares. Currently, the parties expect the effective date of the Merger to occur in July, 2015.

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