Kingsmen Resources Ltd. is pleased to announce that at the Annual and Special Meeting of Shareholders of the Company held on June 2, 2023, Messrs. Scott Emerson, Nick DeMare and Rod Johnston were re-elected as directors and Messrs. Kieran Downes and Carlos Garza were elected as new directors.
Arturo Préstamo, Executive Chairman of Santacruz, commented, “The first quarter has provided us with a strong start to the year. We maintained production levels while considerably improving our cash position, which provides us with a solid base from which we will keep moving forward.”
Warren M. Rehn, Golden’s President and Chief Executive Officer, stated, “I am very pleased to announce that Golden Minerals’ board of directors has approved plans to restart mining operations at Velardeña. The decision to begin operations again at Velardeña was primarily based on vastly improved sales terms now available to us for the gold-rich pyrite concentrate that is produced from flotation processing of Velardeña mineralized material, which permit us to restart operations without the significant expense of the previously planned bio-oxidation facility.”
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 14 consecutive years during which time $304 million has been returned to shareholders through dividends and share buybacks, including $20 million thus far in 2023.
Sierra Metals Inc. announces that its meeting materials for its June 28, 2023 annual and special meeting of shareholders will be filed under its directory on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com on Wednesday, June 7, 2023.
Luca Mining Corp. is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement for aggregate gross proceeds of $20,755,535.17.
Following a successful commissioning period, the Juanicipio mine, processing facility and other vital systems are operating in line with, or rapidly approaching design capacity.
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