Day: February 12, 2019

Grupo roba a minera canadiense en Guerrero de 2 a 3 millones de dólares en concentrados

Los robos de minerales no son algo desconocido en México. En 2015, hombres armados robaron concentrado de oro con un valor estimado de 8.5 millones de dólares de una mina en el estado norteño de Sinaloa. Y Codelco, una empresa minera de cobre de Chile, descubrió un mecanismo similar al de Telson, pero a una escala mucho mayor que pareció haber robado toneladas de concentrado durante años.

Teck Reports Unaudited Annual and Fourth Quarter Results for 2018

“2018 was another very good year for Teck,” said Don Lindsay, President and CEO. “We achieved record earnings of $3.1 billion and record EBITDA of $6.2 billion, we were very pleased with the extremely successful start-up of production at Fort Hills and we announced the sanctioning of our Quebrada Blanca Phase 2 project and a US$1.2 billion partnering transaction. Our financial position remains very strong, leaving us well positioned for the coming year.”

Canadian mine company says Mexico crime ring stole $2M-$3M

Telson Mining Corp. President Ralph Shearing said compromised truck drivers worked with thieves who foiled security measures while the material was being transported from the company’s Campo Morado mine in the southern state of Guerrero to the port of Manzanillo on the Pacific coast.

Alio Gold Files Technical Report and Provides San Francisco Update

At San Francisco, the previously announced processing of low-grade stockpile material through the crushing circuit is working well. In January, approximately 528,770 tonnes of stockpile grading 0.306 g/t gold were stacked on the leach pads. Gold production for the month of January was consistent with Q4 production at approximately 3,890 ounces. There are sufficient stockpiles to operate at this capacity throughout 2019 and the Company is continuing to develop an engineered plan for recommencing mining activities.

Capstone Mining Reports 2018 Financial Results

“Operational performance at our mines steadily improved as the year progressed, with increased production as well as reduced costs quarter-over-quarter,” said Darren Pylot, President and CEO of Capstone. “We ended 2018 strong and are well positioned for a solid 2019.”

Prospero Provides Update on Option Agreement with Fortuna

Prospero Silver Corp. is pleased to announce that, further to its press release of January 25, 2019, the Company has received TSX Venture Exchange acceptance of the option agreement with Fortuna Silver Mines Inc. pursuant to which Fortuna can earn up to a 70% interest in the Company’s Pachuca South East Property located in Hidalgo State, Mexico.

Avino Provides 2018 Year End Summary and Outlook for 2019

“Operationally, 2018 was a year in which we successfully achieved our goal of completing Mill Circuit 4, owing much to the Mexican Operations team and their dedication to the project. Additionally, we completed drill programs on several areas of the Avino property, which successfully outlined longer term targets that warrant further investigation and drilling.” stated David Wolfin, President and CEO.

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