On April 13, 2015, AuRico Gold and Alamos Gold announced the two companies were going to combine in a merger of equals, creating a new $1.5 billion gold producer. Alamos and AuRico shareholders will each own approximately 50% of the new company, which will retain the Alamos Gold name.
Bearing Resources Ltd. announces its proposal to complete a corporate reorganization that will transform it from a mineral exploration company to a film, television and digital media company. The Reorganization will include the acquisition by the Company of all of the shares of Odyssey Media Inc. and the concurrent disposition of the Company’s mineral properties in exchange for shares of Commander Resources Inc…
At East Taviche, Aura Silver has identified a number of geochemically defined silver and gold targets along a 7.5 kilometre N-S trend adjacent to, and on strike with the Company’s previously defined silver/gold resource. This mineralized trend is referred to as the Higo Blanco trend. Aura Silver is currently looking at strategic financing alternatives that include potential partners which could advance the East Taviche property in order to expand and increase the current resource and test other targets.
Santacruz Silver Mining Ltd. is pleased to announce the appointment of Mr. Larry Okada to the Board of Directors.
The mining industry is often portrayed in the media as being inherently destructive and having little regard for local communities and their environment.
Pete Dougherty, President and CEO of Argonaut Gold stated, Argonaut achieved tremendous operating results during the first quarter of 2015. In addition to a strong quarter of production, we added $13 million to our cash balance, saw year over year overall cash costs stay flat and received recognition for our commitment to the communities where we operate, by being named the number one small mine in Mexico for Corporate Social Responsibility.
Q1 production of 24,155 gold ounces was slightly lower than planned. We still maintained a strong quarter-end cash balance of approximately $25M and intend to fund our activities, including the planned advancement of our new projects, using cash flow from operations at current gold prices said Bruce Bragagnolo, CEO of Timmins Gold….
“We are off to a strong start in 2015, tracking at or below our annual cost guidance in the first quarter. Falling oil prices and a weakening Mexican peso bode well for further cost improvement, as fuel represents approximately 7% of our total operating costs and about 50% of Palmarejo’s costs are denominated in pesos,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer…
A través de un comunicado, señaló que la empresa emitió el aviso inmediato de la emergencia en la delegación de la Profepa el 28 de abril. Se informó que el evento se originó por la ruptura en la soldadura de una tubería que lleva la solución de cianuro de sodio a los patios de lixiviación, se derramaron alrededor de diez metros cúbicos, precisó.
Scorpio Gold Corporation announces that Mr. Steve Roebuck has stepped down as President of the Company and as such Peter J. Hawley, current CEO, will assume the position of President in addition to CEO.
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