Month: April 2024

Frena Actividades Mina San Martín

Este martes, la unidad minera San Martín se declaró en paro luego de que el bloqueo que mantiene la denominada Sociedad Transportista Empresarial de Sombrerete, que exige que se contraten trabajadores locales, afectara la productividad de la mina e impidiera el acceso a la comunidad San Martín.

Alamos Gold Reports First Quarter 2024 Results

“We delivered another strong start to the year across a number of fronts, following a record performance in 2023. Costs were in line with guidance for the quarter and production exceeded guidance led by record production from La Yaqui Grande. With the solid first quarter, we are on track to achieve our full year production and cost guidance. We also continued to demonstrate our long-term track record of value creation through exploration and M&A.”

MAG Announces First Quarter 2024 Production From Juanicipio

“Q1 continued the trend of consistent operational performance. Despite a major planned maintenance shutdown during the quarter, Juanicipio continued to demonstrate its ability to deliver strong milling rates per operational day,” said George Paspalas, MAG Silver’s President and CEO.

Orogen Royalties Announces Record Year End Financial Performance

Paddy Nicol, CEO of Orogen Royalties, commented, “Orogen’s strong financial performance is built on the commitment to early-stage exploration, organic royalty creation, and financial discipline to grow the Company responsibly. We have come a long way since our formation in 2020, when we approached the royalty space with a low-cost differentiated strategy to create royalties in a sustainable manner with minimal dilution to shareholders, and without incurring debt.”

Mako Mining Announces Q1 2024 Production Results

Akiba Leisman, Chief Executive Officer of Mako states that, “Q1 2024 was another highly profitable quarter for the Company, with recovered gold equivalent of over 10,000 ounces at industry leading AISC. The mine reported quarterly record throughput rates, which was achieved as we positively reconcile to the resource model, bringing in significantly more tonnes of mineralized material to the mine plan.”

Endeavour Silver Celebrates Milestone: Terronera Surpasses 50% Construction Completion

Dan Dickson, Chief Executive Officer stated, “Reaching the halfway mark in our construction schedule is a testament to the hard work and dedication of our team. With commissioning expected in Q4 2024, Terronera will bring tremendous potential to our company’s future, as we grow and expand our operations through responsible practices.”

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