Year to date attributable silver production, including the Silverstream, decreased 0.3% and quarterly production decreased 5.8% compared to 3Q10 due to backfilling of long-hole stopes at the Fresnillo mine to reinforce safety conditions. We are expecting to return to normal operations by the end of October.
Azure Minerals (ASX: AZS) has appointed Peter Ingram as an independent non-executive director of the company.
Ingram has a track record of over forty years as a geologist within the mining and mineral exploration industries in Australia.
Ingram was managing director of Universal Resources Limited prior to its merger with Vulcan Resources (NYSE: VMC) and now acts as a non-executive director of the merged entity, Altona Minerals Limited.
In addition he previously held the positions of managing director of Metana Minerals NL, Eastmet Limited and Australia Oriental Minerals (ASX: AOM).
TORONTO, ONTARIO, Oct 11, 2011 (MARKETWIRE via COMTEX) — Primero Mining Corp. (“Primero” or the “Company”) is pleased to announce the appointment of Renaud Adams as Chief Operating Officer, effective October 15, 2011.
NEW YORK, Oct. 7, 2011 — /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world’s largest electronic marketplace for broker-dealers to trade over-the-counter (“OTC”) stocks, announced that SilverCrest Mines Inc. (OTCQX: STVZF; TSX.V: SVL), a Mexican precious metals producer headquartered in Vancouver, is now trading on the highest tier of the OTC market.
TORONTO, ONTARIO, Oct 05, 2011 (MARKETWIRE via COMTEX) — Dia Bras Exploration Inc. (“Dia Bras” or the “Company”) is pleased to welcome and announce the appointment of Mr. Steven Dean to the Board of Directors of Dia Bras. Mr. Dean replaces Director, Mr. David Crevier, who has tendered his resignation.
War Eagle Mining Company Inc. has entered into a letter of intent dated September 26, 2011 with Andromeda Resources Inc., which is a private company incorporated under the laws of Ontario. It is contemplated that all the shareholders of Andromeda (other than War Eagle) will exchange each issued and outstanding common share of Andromeda for 6.67 common shares of War Eagle (the “RTO”) such that the current shareholders of War Eagle will own approximately 32% of the outstanding shares of the combined company resulting from the RTO and shareholders of Andromeda (other than War Eagle) will own the remaining 68% of the Resulting Issuer before the concurrent financing described below. Andromeda currently has 2,900,000 common shares issued and outstanding, of which War Eagle owns 500,000 common shares. There are no outstanding options or warrants exercisable into securities of Andromeda.
Kimber Resources Inc. has announced its financial results for the year ended June 30, 2011. All amounts in this news release are in Canadian dollars. The operating results were prepared in accordance with Canadian generally accepted accounting principles and include a reconciliation to United States Generally Accepted Accounting Principles pursuant to Item 18 of Form 20-F. Kimber’s audited consolidated financial statements, management’s discussion & analysis and annual report on Form 20-F for the year ended June 30, 2011 are now available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.com.
Alamos Gold Inc. is pleased to announce the appointment of Ken Stowe to the Board of the Directors of the Company. Mr. Stowe replaces Len Harris, who resigned from the Board of Directors in July 2011.
Mr. Juan Eduardo Lopez Romero graduated in 1981 as a geologist from the University of Sonora in Hermosillo, Sonora, Mexico. With over 28 years of professional experience, Mr. Lopez Romero has specialized in geological mapping, mineral exploration, geological hazard studies and environmental impact, hydrology, geotechnical, geochemical, geophysical and drilling techniques.
Galore Resources Inc. is pleased to announce the appointment of Mr. Michael McMillan to the Company’s Board of Directors. Mr. McMillan has more than 30 years of experience working with companies focused on marketing, sales and acquisitions of drilling equipment, as well as providing services to energy and mining companies in North and South America, Europe, Asia and Mexico.
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