Freeport-McMoRan Inc. announced today the appointment of Joshua F. “Josh” Olmsted as President and Chief Operating Officer – Americas upon the retirement of Harry M. “Red” Conger, IV (age 64).
Proceeds of this offering will be utilized on the Company’s Iron Point project in Nevada and for general working capital.
“I am very pleased that Eric Sprott will become our largest shareholder in Orex Minerals. His investment will ensure that the Company has the necessary capital to properly advance our Mexican projects. We look forward to updating the plans going forward and the work programs expected to start soon” remarked Gary Cope, President and Chief Executive Officer of the Company.
Personal de la empresa Fresnillo plc, a través de Minera Penmont, participan de manera activa en labores de desinfección para garantizar espacios libres del coronavirus. En esta actividad también colaboran autoridades y empresarios locales e integrantes del sindicato minero FRENTE.
Aura Minerals Inc. today announces the settlement of the Over-Allotment BDRs of the previously announced initial primary and secondary public offering with restricted efforts of Brazilian depositary receipts, sponsored level II, issued by Itaú Unibanco S.A., as depositary institution, with each BDR representing one share of the Company.
“We are in a transition period setting up for future growth. We have a large resource base, four operating mines and can see an exciting organic growth pipeline of projects ahead that could potentially push our production to 300,000 ounces per year. I recently purchased 2 million shares, increasing my ownership to 82 million shares, and underlining my confidence in our future.” commented Rob McEwen, Chairman and Chief Owner.
“Obviously the second quarter for many industries, including the mining sector in Mexico, was negatively impacted by government mandated closures. We are glad most of these negative impacts are now behind us as our operations regain pre-COVID production rates,” stated Keith Neumeyer, President and CEO.
The Company intends to use the net proceeds of the Offering to finance payments and costs related to its projects in Chile and Mexico, including the associated work programs currently anticipated for Q4 2020 / Q1 2021 in both jurisdictions.
Gold Resource Corporation today announced the appointment of Ms. Kimberly Perry to succeed John Labate as Chief Financial Officer, who is retiring from the Company.
Paul Benson, President and CEO said, “Each of our sites have responded admirably to this challenging environment, implementing new protocols to keep our employees safe when they come to work. Corporately, we reported positive income from mine operations totaling $34 million during the quarter and our cash balance was further strengthened, sitting at $462 million as of June 30.”
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