Rob McEwen, Chairman and Chief Owner of McEwen Mining, stated We are very pleased to have successfully completed this equity raise as it fully funds the Companys current mining projects and exploration prospects.
Goldcorp Inc. was informed by Newmont Mining Corporation today that, in connection with Newmont’s previously announced offers to exchange any and all outstanding notes issued by Goldcorp for (1) up to $2,000,000,000 aggregate principal amount of new notes to be issued by Newmont and (2) cash, and related consent solicitations to adopt certain proposed amendments to each of the indentures governing the Existing Goldcorp Notes, Newmont has received tenders with respect to the aggregate principal amounts of Existing Goldcorp Notes set forth below, which constitute the requisite number of consents to adopt the Existing Goldcorp Indentures.
For 2019, First Majestic is planning to invest a total of $26.2 million towards exploration to drill approximately 188,000 metres across its core Mexican assets. The 2019 drilling program will consist of approximately 11,600 metres of sustaining diamond drilling to support mining activities at the six operating mines; approximately 152,000 metres of expansionary diamond drilling intended to improve confidence and increase Mineral Resources with a focus on the Santa Elena Main Vein and the Central Block at San Dimas; and drill approximately 8,400 metres intended to test greenfield targets at Santa Elena and Del Toro. Furthermore, due to the exploration success in 2018 at Ermitaño, the Company is planning to complete a 16,000 metre drill program in 2019 to investigate the continuity of mineralization at shallow depths that may be amenable to open pit extraction.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
