Day: September 8, 2016

Pan American Silver achieves milestones at mine expansions in Mexico

Pan American Silver Corp. today announced that it has achieved important milestones at its two mine expansion projects currently underway in Mexico. At the Company’s La Colorada mine, the new 618-metre deep shaft was commissioned in fully automatic mode in early September, ahead of schedule. The shaft was constructed with a world-class safety performance of zero lost-time accidents incurred and using industry-leading raise boring and shaft automation technologies. The work remaining to complete the La Colorada expansion project includes a new filter plant, power line and underground development. The project is now expected to be completed approximately 5 to 10 percent under budget.

La inseguridad asoma de nuevo

Trabajadores mineros son blanco continuo de la delincuencia, en lo que va del año las agresiones se multiplicaron. Autoridades de gobierno y directivos de las corporaciones, minimizan los hechos aunque trasciende que en reuniones privadas reconocen estar rebasados por la actividad de los delincuentes.

Oceanus Announces Non-Brokered Private Placement and Mobilization of a Second Drill Rig to its El Tigre Property

Oceanus Resources Corporation announces a non-brokered private placement for $1,500,000 by the sale of common shares of the Company at a price of $0.25 per share. The Common Shares are subject to a 4 month hold period. In connection with the offering, a finder’s fee may be paid consisting of a cash payment equal to up to 6% of the proceeds raised pursuant to this private placement.

Goldcorp hires Scotiabank to run Los Filos mine sale

Goldcorp Inc has hired Bank of Nova Scotia to lead the sale process for Los Filos, its gold and silver mine in Mexico, according to two sources familiar with the situation, after putting the asset on the block earlier in the summer.

“El Tequilero”, responsable del secuestro de mineros en Arcelia: Astudillo

El gobernador Héctor Astudillo Flores afirmó que Raybel Jacobo de Almonte, El Tequilero, líder de una banda delictiva que opera en la región de Tierra Caliente, es el responsable del secuestro de trabajadores y del robo a la minera Beneficiadora de Minerales Temixco, localizada en Arcelia.

McEwen Mining Appoints New Chief Operating Officer

McEwen Mining Inc. is pleased to announce the appointment of Xavier Ochoa as Chief Operating Officer, effective immediately and the departure of the Company’s current COO, William Faust effective September 30, 2016. Mr. Ochoa is a seasoned executive, bringing more than 25 years of operational experience to the McEwen team and will be instrumental in the continued growth and development of our projects.

All News