Day: November 18, 2024

Sonoro Gold Complets Concession Payment and Provides Corporate Update

“Despite the recent challenges of distressed capital markets for the precious metals sector as well as permitting delays in Mexico, we continue to maintain concession payments and advance the Cerro Caliche mine plan through the environmental review process,” said Kenneth MacLeod, Sonoro’s President and CEO.

Mexican Mining Company Autlán Receives Loan to Restructure its Debt

The Mexican copany Compañía Minera Autlán reported that it received a syndicated loan led by the Mexican unit of the Spanish bank Santander for $160 millionto refinance its ebt, which as of last September was $171.4 million, with which it will refinance 93.3 percent ofthe liabilities with cost.

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