Month: June 2016

Pursuant to an amending agreement, Avino will sell silver concentrates on an exclusive basis to Samsung until July 2018. Samsung has previously advanced to Avino the sum of US$10 million as prepayment of such concentrates, and the Facility will be repaid with interest using Avino’s future shipments of concentrates. Avino will make an initial payment of US$666,666 in June 2016, and Avino will repay the balance with interest by 14 additional monthly instalments commencing June 2017 and ending July 2018…

Highvista Gold Inc. provides a further update to its announced change of business dated August 31, 2015, after an extensive review of the strategic investment landscape and opportunities to drive shareholder growth, the Corporation has decided to transition its investment focus to include the areas of equipment financing in the construction and infrastructure areas and real estate-oriented investments and to not at this time pursue existing or future investments in the mining area as previously announced. In the context of this change in focus, the Corporation is pleased to announce that it intends to sell all of its interests in its Mexican mining exploration assets to Minerales y Yacimientos Mexicanos Sacreamento S.A de CV, an arm’s length private company. The Corporation holds its interests in its Mexican assets through Minera Cascada de Oro, S.A. de C.V.,, wholly owned by the Corporation’s two wholly owned subsidiaries…

Azure Minerals Limited is pleased to announce that the Company’s Share Purchase Plan has closed, with 37,750,063 shares subscribed for at $0.038 raising $1.434 million.

“Our annual Sustainability Report offers Goldcorp a valuable opportunity to engage our stakeholders and further focus and prioritize our sustainability and corporate social responsibility activities,” said Mr. Brent Bergeron, Executive Vice President, Corporate Affairs and Sustainability. “Goldcorp’s 2015 Sustainability Report responds to our stakeholders’ questions and concerns, as we strive for continuous improvement in our disclosure, as well as our sustainability performance. We believe transparency in all levels of reporting is fundamental to building and maintaining trust amongst the people and communities affected by our operations, and we will continue to improve the relevance, accessibility and transparency of our sustainability reporting.”

“I’m bullish gold because now with Britain leaving there could be danger of the whole euro zone having more political issues,” Miguel Perez-Santalla, a sales and marketing manager at Heraeus Metals New York LLC, said in a telephone interview. “People are going to want to stay hedged with gold; they didn’t think the Brexit was possible, and then it happened.”

Silver Bull Resources, Inc., is pleased to announce its intention to complete the third tranche of the non-brokered private placement of units of the Company announced on May 12, 2016. The Units will be issued at a price of CDN$0.13 per Unit. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant shall entitle the holder thereof to acquire one common share at a price of CDN$0.16 until the date that is 12 months following closing of the Private Placement. If the closing price of the common shares of the Company on the OTCQB Venture Marketplace is US$0.18 or higher for five consecutive trading days then the Warrant will expire thirty trading days from such fifth consecutive day.