Mexico-based steelmaker Altos Hornos de México (AHMSA) is reportedly seeking a merger or partnership with Grupo Villacero, another steel company based in Mexico, to help it avoid bankruptcy.
Mexican mining company Compania Minera Autlan has registered at least 84 cases of the novel coronavirus in the central state of Puebla, an official and a source with knowledge of the matter said on Monday.
The Financing will be for a maximum of $250,000 resulting in 2,500,000 Units being issued. Funds will be used to advance the Tabasquena project and for general corporate purposes.
Equinox Gold Corp. announces today that Mr. Doug Reddy will transition to the role of Chief Operating Officer at the start of September 2020 upon retirement of the Company’s current Chief Operating Officer, Mr. Attie Roux.
Vista Gold Corp. today announced receipt of the final $1.5 million payment from Prime Mining Corp. and through its wholly-owned subsidiary, Minera Gold Stake, S.A. de C.V. has executed a transfer agreement that assigns MGS’s legal title to the claims covering the Guadalupe de los Reyes gold / silver project to a subsidiary of Prime Mining.
Daniel Kunz, Chief Executive Officer Prime Mining Corp commented, “With the completion of the transaction Prime now owns 100% of Los Reyes, an oxide open-pit project that already has a high-quality gold-silver mineral resource with exceptional growth potential.”
“Doing it right” means keeping costs low and timelines short. It means keeping the market well informed about Tocvan’s progress and drilling news. And, as nearly three decades in the brokerage business, taught Wood, it means advancing the Pilar project with a minimum of stock dilution. Add an emerging bull market for junior gold and silver explorers and Tocvan is on its way.
Akiba Leisman, Chief Executive Officer of Mako states, “although the assays from these holes came back after the original cutoff date for preparing the updated mineral resource estimate, the Company and MDA concluded that they are significant and should be included in the updated mineral resources estimate. Importantly, the updated resource estimate is still on track to be delivered this quarter.”
GR Silver Mining President and CEO, Marcio Fonseca, commented, “The mineralized veins and hydrothermal breccias at the Plomosas Mine Area were originally interpreted to be confined only along the major Plomosas Fault, however our recent validation and integration of all drill results, underground structural mapping and sampling, supports the occurrence of additional mineralized veins outside of that major structure.
Chris Wright, Executive Chairman & CEO, commented: “In the past four months of remote work, and in conjunction with our previous exploration, our understanding of the underlying mineral systems at our Zacatecas projects has advanced and evolved considerably. Our geological model has defined a large number of targets outside of our main resource along the Veta Grande vein that we are preparing for drill testing.”
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