Day: May 2, 2024

Santacruz Silver Reports Fourth Quarter and Year End 2023 Financial Results

Arturo Préstamo, Executive Chairman and Interim CEO of Santacruz, commented, “In 2023, Santacruz continued to build a mid-tier silver and base metals producer. The Company completed several mine optimization initiatives including the integration ramp that connects the Tres Amigos and Colquechaquita underground mines at Caballo Blanco in Bolivia. And in Mexico, the operational restructuring at the Zimapan mine has already resulted in cost savings.”

Capstone Copper Reports First Quarter 2024 Results

John MacKenzie, CEO of Capstone, commented, “Our mines got off to a solid start in the first quarter as we executed on our operating plans and delivered strong financial results. The copper market has entered into the early stages of a new era, and we are positioned extremely well as our flagship Mantoverde mine ramps up to full production.”

Minaurum Announces Closing of Brokered LIFE Offering

Minaurum Gold Inc. is pleased to announce that the Company has completed its previously announced “best efforts” private placement for gross proceeds of C$5,696,250 from the sale of 22,785,000 units of the Company at a price of C$0.25 per Unit.

Xali Gold Provides Update on Activities in Mexico and Peru

“While we continue actively progressing near-term cash flow opportunities from our Mexican assets, we are also very excited to advance our growth strategy by actively seeking out gold and silver projects with promising exploration potential in Peru,” says Joanne Freeze, President and CEO of Xali Gold.

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