Month: June 2023

Newmont Corporation announced today it has suspended operations at the Company’s Peñasquito mine in Mexico while refuting claims by the National Union of Mine and Metal Workers of the Mexican Republic regarding violating legal regulations and labor agreements. The Company urged the Union to abide by the mutually agreed Collective Bargaining Agreement negotiated and signed by both parties in June of 2022.

The Company welcomes Dr. Neil O’Brien and Mr. Phil Brumit Sr. as Independent Directors.

Chesapeake Gold Corp. is pleased to announce that at the 2023 Annual General Meeting held on June 6, 2023 in Vancouver, British Columbia, Chesapeake’s shareholders voted in favour of all items of business. All director nominees were elected.

Shareholders voted in favour of all matters of business described in the Company’s Information Circular dated April 17, 2023 and put before the meeting, including the election of Eric Caba and the re-election of Catherine McLeod-Seltzer, Anthony Hawkshaw, Andrew Swarthout, Kevin Morano, Erfan Kazemi, Stephen Lang, Alfredo Bullard and Alan Hair as directors of the Company for the ensuing year.

Silver Bull announces today that it has taken significant steps in its pursuit of compensation regarding the Sierra Mojada Project.

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.”