Month: November 2023

Bruce Smith, Radius Gold President and CEO, commented: “We are pleased with Fresnillo’s, the world’s largest silver mining company, continued commitment to the Plata Verde project, given some uncertainty over new Mexican mining regulations which have delayed the start of drilling. With the last payment of the Exclusivity Agreement completed, Radius anticipates drilling will start within the first months of 2024.”

Ernesto Balarezo, CEO of Sierra Metals, commented, “Qualifying for the OTCQX Market is a milestone in our efforts to increase visibility and accessibility for our current and prospective U.S. and international shareholders. Sierra is well positioned for growth at its mines in Peru and Mexico and we intend to support our OTCQX listing with a robust investor relation program.”

“We are extremely honored to welcome Eduardo Luna to the Vizsla board,” stated President and CEO, Michael Konnert. “Eduardo is one of the most accomplished and experienced miners in all of Mexico. He was instrumental in unlocking value for Luismin, Goldcorp and Silver Wheaton at the world-class San Dimas mine, which continues to be one of the Country’s top producers of silver and gold.”

“The operations had strong silver production in October which is expected to continue for the balance of the year, positioning the Company to meet the lower end of its full year silver production targets following a difficult Q3-2023,” stated Americas President and CEO Darren Blasutti.

A company news release said Vale has signed an agreement to have rotor sails installed on the Valemax-class ship, Sohar Max, which is 362 metres long, 65 metres wide and able to carry up to 400,000 metric tonnes of cargo.

We very much put the creation of shareholder value at the forefront of our Glencore deal: Teck CEO

Prime Chief Executive Officer Daniel Kunz commented, “With 51,000 metres drilled to date and six drills now turning, we are well on our way to completing 2023’s planned 60,000 metre drill program at Los Reyes. Recent results from both expansion and generative drilling continue to demonstrate solid potential to contribute to resource inventories and develop an outstanding high-grade gold-silver project.”

“In late Q2, the mine returned to the level of monthly production planned for the 2023 – 2024 fiscal year, as well as recovering additional ounces over budgeted amounts to make up for the lower than planned production in Q1,” stated Salvador Garcia, Chief Operating Officer.