Bradford Cooke commented, “I am pleased to announce this seamless board and management transition without having to reach outside of the organization. It speaks to the depth of our management team, and the skills and dedication they bring to the Company. I look forward to supporting Dan and Christine in their new roles, and we appreciate the vote of confidence of our Board of Directors.”
Jody Kuzenko, President & CEO of Torex, stated: “The year-over-year decline in gold reserves at the Morelos property is consistent with the mine plan that has the ELG open pits concluding at the end of 2023. The decline in reserves at Morelos is expected to reverse when the Feasibility Study for Media Luna brings Media Luna resources into reserves. That study is expected to be published in Q1 of 2022.”
“Closing this private placement as the first tranche of the Accendo Syndicate recently announced US $25 million funding package now allows us to immediately reinitiate construction at Tahuehueto where Telson is targeting initial gold production near the end of 2021.”
“Sapan Gupta, Vice President of ArcelorMittal and general counsel of AM/NS India, is appointed general counsel of ArcelorMittal, effective 1st June 2021,” as per the internal communication to employees.
The net proceeds from the Offering will be used principally to fund Sonoro’s ongoing development plans at its Cerro Caliche Gold Project located in Sonora, Mexico and project property maintenance payments, and secondarily for corporate and general administrative expenses.
Rob Macdonald, Vice President Exploration, stated: “Drilling in the Mina La Bocona target area continues to extend the two polymetallic sulphide zones and the near surface gold mineralization identified earlier in the 2020-21 drilling. The drill program, which was recently expanded from an initial 10,000 metre program to a 20,000 metre program, will continue to focus on the development of these targets and the systematic investigation of further mineralization located to the northwest along the east side of the Cerro.”
Prime Mining Corp. is pleased to report its operating and financial results for the third quarter of fiscal year 2021, ended January 31, 2021.
McEwen Mining Inc. is pleased to report that activities at its El Gallo Project in Mexico have been restored following successful resolution of the concerns raised by members of the nearby communities. A new 10-year agreement has been reached providing additional support to the communities and greater long-term certainty for the El Gallo operation.
Empress Royalty Corp. is pleased to announce that the TSX Venture Exchange has accepted for listing up to 17,250,000 common share purchase warrants of the Company. The Warrants will be listed for trading on the TSXV under the symbol “EMPR.WT” effective at market open on March 30, 2021.
Premier Gold Mines Limited is pleased to announce that Federal Economic Competition Commission in Mexico (COFECE) has granted approval of the proposed arrangement with Equinox Gold Corp. The Company would also like announce that Toronto Stock Exchange has conditionally approved the listing of the common shares of i-80 Gold Corp. in connection with the Arrangement.
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
