Day: May 8, 2023

Fresnillo Plc – Update on New Mexican Mining Law

Fresnillo continues to analyse the Reform in detail; however, at this stage, the Company does not believe it will have any material impact on its current operations or advance exploration projects.

Capstone Copper Announces Change to Board of Directors

The Company announces the appointment of Mr. Peter Meredith as Lead Independent Director, and the resignation of Mr. George Brack, who had previously served as Capstone’s Board Chair and most recently, Lead Independent Director. Capstone also welcomes Patricia Palacios as a new Independent Director.

McEwen Mining: Q1 2023 Results

“This quarter we completed a series of large financing transactions involving shares of our McEwen Copper subsidiary, which has increased the market value attributable to our copper business to $550 million (for 100%) from $257 million at the conclusion of the prior financing round in August 2022. As 52% owner, McEwen Mining shareholders are benefitting from this value accretion, which validates the strategy we set out in July 2021 to surface value from Los Azules by funding it independently,” said Rob McEwen, Chairman and Chief Owner.

GR Silver Mining Outlines its Vision for 2023

GR Silver Mining Ltd. today outlined its vision to continue resource growth on its wholly owned Plomosas Silver Project in Sinaloa, Mexico, through the remainder of 2023, including an update on exploration plans and corporate initiatives.

Kootenay Silver Announces Decrease in Holdings in Aztec Minerals Corp.

Prior to the sale of the Aztec Shares, Kootenay beneficially owned and had control over approximately 11.85% of the outstanding Aztec Shares. As a result of the disposition, Kootenay’s ownership of the Aztec Shares decreased to 7,601,500 Aztec Shares, representing approximately 8.02% on a non–diluted basis.

All News