Kootenay Silver Inc. is pleased to announce a non-brokered private placement offering of units of the Company at a price of $0.75 per Unit for aggregate gross proceeds of up to $2,500,000.
Capstone Copper Corp. and Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance (Master) Fund I-A LP jointly announce that they have entered into an agreement with a syndicate of underwriters led by RBC Capital Markets, as Lead Bookrunner and including National Bank Financial and Scotiabank as Joint Bookrunners pursuant to which the Underwriters have agreed to purchase, on a bought deal basis from the Company and Orion, a total of 59,520,000 common shares of Capstone at a price of C$6.30 per Common Share for aggregate gross proceeds of C$374,976,000.
Xali Gold Corp. is pleased to advise that Mexican company, Grupo Minero WIYA has made the required repairs to get the San Dieguito de Arriba Plant in Nayarit, Western Mexico operational and are conducting bulk sample testing at the SDA Plant.
Ernesto Balarezo, CEO of Sierra Metals, commented, “2023 was a pivotal turnaround year for the Company as we successfully fulfilled our commitment of achieving stability and maintained focus on optimizing all facets of the business, particularly in the production from our core mines, while prioritizing the safety aspects of our operations.”
Mr. John Antwi, President and CEO of Bendito, commented “Bendito is very excited to secure this arrangement with Ocean Partners to develop the Oposura project. Phase 1 production activities could be considered as bulk sampling as it provides additional metallurgical data for the feasibility studies of the larger Oposura project. Besides the compelling economics of direct shipping some of the high-grade ore for smelting, we also have an opportunity to process the medium to low-grade ores, that come along from mining, as concentrates for further smelting.”
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
