Month: November 2017

“Alamos achieved several milestones in the third quarter including record gold production and our lowest costs and best financial performance in years. This was driven by a breakout quarter from Young-Davidson, which set several new records. We expect this strong performance to continue into the fourth quarter and remain on track to achieve full year production and cost guidance,” said John A. McCluskey, President and Chief Executive Officer.

ARANZ Geo announced today that the company is changing its name to Seequent. The name change and rebrand reflects the company’s expansion into a broader range of global industries and markets. Seequent leads the world in visualisation of complex scientific data. It first introduced its Leapfrog® 3D geological modelling software to the mining and minerals industry over 10 years ago. The company has since developed solutions for a wide range of industries including geothermal and renewable energy, civil engineering, and environmental management.

Palamina Corp. today announced the nomination of Alistair Waddell to the board of directors and appointed Donald Mc Iver and Yury Valdivieso to senior management positions. Donald McIver joins Palamina as its new V.P. of Exploration and Yury Valdivieso as Exploration Manager for Peru.

San Marco Resources Inc. announces that it has completed its private placement financing announced September 29th, 2017. A total of 8,444,444 units were issued at $0.18 per Unit for gross proceeds of $1,519,920, a greater than 20% increase over the original financing target of $1,260,000. Insiders of the Company acquired 1,190,000 (over 14%) of the Units issued in this financing.

The recent shining on lithium has put other battery technologies – such as zinc – in the shadows, even though they have been around for generations. When it comes to disposable batteries, carbon zinc has undoubtedly proven its value, though the technology for a time was less successful when applied to rechargeable batteries. Recharging causes the formation of sharp-edged zinc dendrites that pierce the separation between anode and cathode and cause the battery to short-circuit. However, a team at the Naval Research Laboratory in Washington, D.C., has found a way to avoid dendrite buildup by making the anodes with a sponge-like structure, and zinc carbon is set to enjoy a renaissance.

Endeavour Silver Corp. announced today the appointment of Galina Meleger as Director of Investor Relations. Ms. Meleger has over 10 years’ diverse experience in investor relations and corporate communications for publicly traded companies in the resource sector. Galina will be working with the senior management team to elevate the visibility of Endeavour Silver in the capital markets in order to maximize shareholder value.