Fuerte Metals joins the London 121 Mining Conference, aimed at attracting investment and discussing its project advancements with stakeholders.
Chesapeake granted options at C$1.80, vesting at 25% annually starting in 2025, tied to its vast Metates Project in Durango.
Heliostar Metals Ltd. is pleased to announce the closing of two previously-announced debt facilities with Ocean Partners USA, Inc. and Deans Knight Capital Management Ltd. for aggregate gross proceeds of US$10 million to support its acquisition of assets from Florida Canyon Gold Inc.
“Pan American generated record financial results in Q3 2024, including record free cash flow of $151.5 million, reflecting improved operating margins from the increase in production and silver and gold prices over Q2 2024,” said Michael Steinmann, President and Chief Executive Officer.
Ternium S.A. (NYSE: TX) reported its third-quarter and nine-month financial results for 2024, noting strong steel shipments, especially in Mexico, and increasing shipments in Brazil and Argentina. However, Adjusted EBITDA for Q3 was $368 million, reflecting lower margins amid falling steel prices. Net cash decreased to $1.7 billion due to capital expenditures of $446 million, including investments in Mexican expansion and an Argentine wind farm.
Chesapeake Gold Corp. announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 65,000 common shares of the Company at an exercise price of C$1.80 per share for a five-year term expiring November 5, 2029.
“We are very excited that Rob Krcmarov will be Hecla’s new CEO and join the Board,” said Ms. Boggs. “The Board conducted a rigorous selection process to ensure that our new CEO has the right experience, vision, and leadership to guide Hecla forward, and that is Rob.”
Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 3,181,818 units of the Company at a price of $0.055 per Unit for aggregate gross proceeds of up to approximately $175,000.
John MacKenzie, CEO of Capstone, commented, “The third quarter marked an important step in the transformation of our business, with tangible delivery on our peer leading growth. Our operations in Chile exhibited meaningful milestones at both our flagship Mantoverde Development Project (where we achieved commercial production) and at Mantos Blancos (which has now demonstrated that it is capable of delivering its nameplate capacity). We expect Q4 to be our strongest quarter of the year, providing a glimpse of the future Capstone with a larger production base and lower unit operating costs.
Capitan Silver Corp. has appointed Fernando Alanís Ortega, former CEO of Industrias Peñoles, to its Board of Directors. Alanís brings over 30 years of mining experience and will support Capitan’s strategic goals, especially for its Cruz de Plata project in Mexico. He was also a past President of CAMIMEX.
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