Month: December 2015

Minera Alamos Inc. Provide Update on Work at Los Verdes

“In addition to the work completed on the South Deposit, we are now evaluating new options regarding our North Deposit,” said Chris Frostad, CEO, Minera Alamos Inc. “As a result of last month’s successful drill results and the completion of a new resource estimate later this month we expect to add valuable alternatives to our approach.”

Hecla Mourns the Passing of John H. Bowles, Director

“John leaves a long, distinguished legacy in our industry and as a member of our Board of Directors for which we are eternally grateful,” said Ted Crumley, Hecla’s Chairman. “He will be deeply missed by his fellow Board members and everyone at Hecla. We send our deepest condolences to his family.”

Bajo control derrame en mina en Magdalena de Kino, Sonora

La empresa Minera Columbia de México, en Magdalena de Kino, Sonora, aplicó con prontitud su protocolo de control de derrames al operar las medidas de contención, reducción de los efectos de cianuro y limpieza primaria del área afectada. La Procuraduría Federal de Protección al Ambiente (Profepa) corroboró lo anterior tras el derrame de solución cianurada ocurrido el pasado 7 de diciembre, luego de producirse una fisura en un tubo por el que se transportaba dicha solución a los patios de lixiviación.

Almaden Announces Ixtaca Gold-Silver Deposit PEA Update Showing Significant Capital Savings Using the Rock Creek Mill

J. D. Poliquin, Chairman of Almaden reported, “This PEA update shows material improvements to the potential economic viability of the Ixtaca project realised through the recently-optioned Rock Creek Mill. At the same time a new mine plan is presented that optimises the mine plan for the lower metal price environment we find ourselves in by focussing on the near surface, quicker payback material. We now continue working on a PFS to further de-risk the project and initiate the permitting process.”

Telson Announces Second and Final Closing of its Private Placement

Telson Resources Inc. announces that it has completed the second and final closing of the non-brokered private placement pursuant to which the Company issued 6,960,000 units for gross proceeds of $348,000. The Final Closing is part of the Company’s previously announced non brokered private placement of 40,000,000 Units at a price of $0.05 per Unit for gross proceeds of $2,000,000. Each Unit consists of one common share and one half of one transferable share purchase warrant. Each Warrant is exercisable to acquire one additional Share of the Company for a period of two years at a price of $0.05 per Share.

Bacanora, Rare Earth Negotiating Further Offtake Deals For Sonora

Bacanora Minerals Ltd Tuesday said it is negotiating a number of non-binding agreements with potential offtake partners for the lithium it will produce from the Sonora project in northern Mexico, building on its deal with US-based Tesla Motors earlier this year.

Revisan daños por derrame de químico en mina de oro

La Procuraduría Federal de Protección al Ambiente (Profepa) inspecciona la mina de oro Columbia de México, del Grupo NWM Mining Corp, ubicada en el municipio de Magdalena de Kino, Sonora, tras el derrame de solución cianurada ocurrido la mañana del pasado 7 de diciembre.

¿Podría Germán Larrea perder Grupo México? Un juez decidirá pleito de años en unas semanas

Grupo México, una de las empresas más importantes del país y uno de los principales productores de cobre en el mundo, ha sido acusada penalmente y denunciada por organizaciones defensoras de los derechos humanos y laborales de México y EU por sus constantes violaciones a las garantías de los trabajadores, de las comunidades y de la salud. También por incumplimiento de contrato.

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