International Northair Mines Ltd. is pleased to provide a review summarizing the project and corporate highlights completed by the Company on its La Cigarra silver project, located in north central Mexico. Also included is a timeline outlining key objectives of the Company’s Strategic Plan for the current 2013 calendar year.
Coeur dAlene Mines Corporation today confirmed that it has submitted a binding proposal to acquire all of the issued and outstanding common shares of Orko Silver Corp. in a transaction with a total value of approximately CAD$384 million. Orko today announced that its Board of Directors has unanimously determined, after receiving the advice of its financial and legal advisors, that Coeurs Proposal constitutes a Superior Proposal pursuant to its arrangement agreement with First Majestic Silver Corporation. Orko has provided notice of such determination to First Majestic. Orko also announced that under the arrangement agreement, First Majestic now has five business days, expiring at 11:59 p.m. PST on Tuesday, February 19, 2013, to offer to amend the terms of that agreement to match Coeurs Proposal, failing which Orko will terminate the arrangement agreement with First Majestic and enter into a definitive agreement with Coeur reflecting Coeurs Proposal.
Orko Silver Corp. announces that it has received a binding proposal from Coeur d’Alene Mines Corporation for the acquisition by Coeur of all of the issued and outstanding common shares of Orko by way of a plan of arrangement. The Board of Directors of Orko has unanimously determined, after receiving the advice of its financial and legal advisors, that the Coeur Proposal constitutes a “Superior Proposal” pursuant to the arrangement agreement between Orko and First Majestic Silver Corp. originally announced on December 16, 2012 and has provided notice of such determination to First Majestic.
Aurcana Corporation is pleased to announce that is proposing a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidation common share for every eight (8) pre-consolidation common shares.
Endeavour Silver Corp. is pleased to review its corporate sustainability activities and accomplishments in 2012 and its sustainability short term plans and goals for 2013.
Golden Minerals Company today provided a summary of its 2013 operating plan, projecting increased production in 2013 and positive gross margin at the Velardena Operations commencing in the third quarter, and of its program to define longer term operating and expansion plans for Velardena. The Company also announced its intent to solicit a partner to advance its El Quevar property in Salta, Argentina and to reduce El Quevar holding costs.
Xtierra Inc. is pleased to announce that it has engaged Runge Pincock Minarco, the world’s largest independent group of mining technical experts to take responsibility for the completion of the feasibility study work on its Bilbao project, located in the State of Zacatecas, Mexico and to act as Qualified Person in accordance with National Instrument 43-101.
Two men, reportedly the CEO and CFO of U.S.-based exploration firm Southridge Minerals have been found dead in a river in Mexico, local press reports.
Sierra Metals Inc. is pleased to announce that the Company has adopted a policy whereby it intends to declare and pay cash dividends on a quarterly basis. In respect of the year 2013, the Company intends to pay aggregate cash dividends of approximately $10 million.
Mexico City, February 11, 2013 – Under the resolutions adopted by the Annual Ordinary General Stockholders’ Meeting of GRUPO MÉXICO, S.A.B. de C.V. (the “Company”) held April 30, 2012, the Company reports to stockholders that the Board of Directors approved at its session held January 25, 2013 to issue the payment of a dividend, charged to the Company retained earnings account with funds from the net fiscal earnings account, of $0.26 (TWENTY-SIX MEXICAN PESO CENTAVOS) per outstanding Company share on single exhibition, as of Thursday, February 28, 2013 against Coupon Number 38 of the current Stock Certificate (2008 Issue). PLACE FOR THE PAYMENT OF DIVIDEND
Check the Mining State Panoramas
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.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
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.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
