Oroco Resource Corp. announces that further to its news release dated October 9, 2018, Oroco has engaged an independent qualified person in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects to prepare a technical report on the Santo Tomas Concessions.
Alamos produced a record 505,000 ounces of gold in 2018, meeting production guidance and marking an 18% increase from 2017. This was driven by strong performances from Mulatos and Island Gold, the latter setting a new record for production and continuing to demonstrate strong potential for growth in mineral reserves and resources, said John A. McCluskey, President and Chief Executive Officer.
SilverCrest Metals Inc. is pleased to announce the promotions of Stephany (Rosy) Fier to the position of Vice President, Exploration & Technical Services and Nicholas Campbell as Executive Vice President, Business Development for the Company.
Minera Alamos Inc. cordially invites you to visit with Company representatives at Booth #838 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday, January 20th Monday, January 21st, 2019.
“La alianza va a crear el número uno mundial del mercado del oro, con los mejores activos, las mejores perspectivas, las mejores oportunidades de creación de valor”, se congratul+o Gary Goldberg, presidente de Newmont.
First Majestic had a record year in 2018 producing 22.2 million silver equivalent ounces following the successful acquisition and integration of the San Dimas Silver/Gold mine, said Keith Neumeyer, President & CEO. The addition of San Dimas effectively doubled our production profile and total Mexican workforce overnight. Unfortunately, due to falling silver prices in the second half of 2018, we needed to implement various cost cutting measures including placing the La Guitarra mine on care and maintenance, reducing our workforce by approximately 15%, and scaling back capital investments by approximately 20%. These cost cutting measures have been successful and we remain focused on improving margins and will continue to react further if necessary.
GOLDCORP INC. is pleased to report gold production for the fourth quarter of 630,000 ounces, which was a 25% increase from the third quarter of 2018 and exceeded previously stated guidance. Production for the year ended 2018 was 2,294,000 ounces. All-in sustaining costs for the full year are expected to be at the revised guidance of $850 per ounce. Goldcorp’s complete 2018 financial results will be released on February 13, 2019.
This combination creates the worlds premier gold company, said Goldcorps President and Chief Executive Officer, David Garofalo. In addition to the depth and quality of Newmont Goldcorps operations, projects, exploration properties and Reserves, the combined companys assets will be centered in the worlds most favorable and prospective mining jurisdictions and gold districts. The strategic rationale for combining Goldcorp with Newmont is powerfully compelling on many levels, and both teams are fully committed to delivering on the transactions value proposition for all of our stakeholders. Newmont Goldcorp will be one of Canadas largest gold producers and will have its North America regional office in Vancouver, and expects to oversee more than three million ounces of the combined companys total annual gold production.
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