Keith Neumeyer, President & Chief Executive Officer of First Majestic, commented, “The acquisition of Gatos Silver is a highly compelling and transformative transaction that meaningfully enhances First Majestic’s operating platform through the addition of 70% of Cerro Los Gatos – a high quality, long-life, unencumbered, free cash flow generating asset in the mining-friendly state of Chihuahua, Mexico.”
James Anderson, Chairman and CEO, said, “Having spent over three decades working for the best mining companies in Mexico, Juan Martin Pena brings a level of professionalism and business acumen that dovetails well with the current stage of Guanajuato Silver’s development. We are excited to welcome Juan Martin to our team and proud to continue our tradition of having a 100% Mexican local workforce.”
Chesapeake Gold Corp. is pleased to announce that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation.
Golden Minerals Company today announced it has signed a letter agreement to sell Silex Argentina S.A. its wholly-owned subsidiary that owns the El Quevar Project, and also provided updates on additional corporate activities.
Industrias Penoles announced an indefinite halt to operations at its Minera Tizapa unit in the State of Mexico on Friday due to a strike called by the national mining union.
Southern Silver Exploration Corp. has closed the third and final tranche of its previously reported non-brokered private placement by issuing 961,500 units at a price of $0.22 per unit for gross proceeds of $211,530.
Lodestar Metals is pleased to announce that effective September 4, 2024, it has changed its name from “Lodestar Battery Metals Corp.” to “Lodestar Metals Corp.”
Jody Kuzenko, President & CEO of Torex, stated: “We are deeply saddened by the death of a 40-year-old male contractor who suffered fatal injuries while working in the Guajes Tunnel and our thoughts are with his family and friends.”
Dan Barnholden, CEO stated, “I am very pleased with our Q2 2024 results. We have achieved positive net income, positive EBITDA and positive Adjusted EBITDA for the second quarter in a row, as well as positive cash flow from operations. I fully expect this trend to continue as Campo Morado and Tahuehueto continue to ramp up to full capacity.”
Guanajuato Silver Company Ltd. is pleased to announce financial and operating results for the three month and six month periods ending June 30, 2024.
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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.
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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.
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