Day: April 23, 2019

Teck Announces Dividend

Teck Resources Limited announced today that it will pay an eligible dividend of $0.05 per share on its outstanding Class A common shares and Class B subordinate voting shares on June 28, 2019, to shareholders of record at the close of business on June 14, 2019.

GCC Reports First Quarter 2019 Results

Enrique Escalante, GCC’s Chief Executive Officer, commented: “The underlying trends in our business are strong in each of the markets where we operate in the U.S. and Mexico. The U.S. operations slowed with severe inclement weather continuing into the first quarter. However, there is a strong backlog and we are picking up the pace as the weather conditions improve. We expect to end the year in line with our guidance as the first quarter historically represents around 12% of the results for the year. In Mexico we turned in sales of 8.1% on increased volumes and prices and on top of the more than 18% increase in the prior year’s first quarter. Chihuahua continues to outperform stronger than what we anticipated, driven primarily by robust mining shipments, industrial maquiladora plants and warehouse construction and middle-income housing starts.

Fresnillo plc compra nueva máquina de túneles

Con un costo de 22.7 millones de dólares y con una capacidad de perforación de al menos 300 metros por mes, pondrá en marcha una nueva máquina de túneles con tecnología de punta en la segunda mitad del 2019.

Discovery Samples High-Grade Breccia Underground with Values up to 1,558 g/t AgEq at its Monclova Project

Gernot Wober, VP Exploration, states, Results from our surface and underground sampling program at Monclova continue to return high-grade mineralization from the well-exposed breccias in and around multiple historical workings at the Real Viejo area. Real Viejo itself sits within a mineralized trend over 1,500m long at the southern edge of the intrusive complex in contact with limestone, where breccias have been mapped several meters wide. Mapping, sampling and geophysics are now complete at this key near-term target where we are finalizing our phase 1 drill planning.

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