Month: July 2015

Nueva minera, de origen australiano, pretende instalarse en BCS; quiere el cobre de Loreto

La diputada loretana Guadalupe Olay Davis, del Partido Nueva Alianza (PNAL), se pronunció desde la tribuna permanente del Congreso del Estado en contra de la actividad minera en BCS, asegurando que es incompatible con el sentido turístico que se busca ofrecer, así como con la designación de Pueblo Mágico que ostenta Loreto, revelando que la empresa australiana “Azure Minerals” se ha apropiado de más de 9,500 hectáreas de San Juan Londó con el fin de explotar cobre.

Great Panther Silver Reports Second Quarter 2015 Production Results and Increased Production Guidance

“Great Panther’s quarterly metal production exceeded one million silver equivalent ounces for the first time, including individual records for silver and gold production,” stated Robert Archer, President & CEO. “While the ramp up in production at San Ignacio since commencing commercial production in June 2014 is a major factor in the increase in production over Q2 of last year, we continue to make changes necessary to adapt to the current metal price environment and the result has been an improvement in ore grades and overall efficiencies…”

Levon Provides Update On TSX Listing

Levon Resources Ltd. is pleased to announce that the common shares of Levon have commenced trading on the Toronto Stock Exchange under the stock symbol “LVN” following the completion of the previously announced plan of arrangement involving SciVac Therapeutics Inc., SciVac Ltd. and the Company dated March 19, 2015. The Company has 119,542,711 Common Shares outstanding as of July 14, 2015. The Company also announced its intention to have the Common Shares quoted on the OTCQX in the United States. A further announcement will be made on such listing being obtained.

Cortez Clarifies Disclosure

Cortez Gold Corp. advises that as a result of a review by the British Columbia Securities Commission it is issuing the following news release to clarify certain prior disclosure.

High Grade Gold Target Identified at Alacrán

Azure’s Managing Director, Tony Rovira, stated: “Puerto del Oro is a very promising addition to the growing number of exciting, high quality targets we have identified in the first six months of our exploration activities at Alacrán. The prospect is in close proximity to San Simon and Mesa de Plata where we have already identified potential for significant gold and silver mineralisation, and will be included in the upcoming drill program which is scheduled to commence in late July.”

Primero Advises of Delay in Silver Revenue Due to Delay in Mexican Exports

Primero Mining Corp. today advises that as a result of a delay in exports from its San Dimas mine in Mexico, its subsidiary Primero Empresa Minera S.A. de C.V. has been delayed in selling silver. As a result approximately 880,000 ounces of silver were not sold during the second quarter of 2015, representing approximately $6.5 million in delayed revenue.

GoGold Produced 408,024 Silver Eq Ounces, an increase of 29% With Cash Costs of $5.54 per Silver Eq Ounce

Production for the quarter was 408,024 silver equivalent ounces which represents a 29% increase over the previous quarter. Tonnes stacked on the heap leach pad and Merrill Crowe throughput were both consistently at design levels throughout the quarter. Quarterly production has improved each quarter since commissioning began and this is expected to continue until the heap leach pad reaches equilibrium.

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