Excellon Resources Inc. (TSX:EXN; OTC:EXLLF) announced with great regret and sorrow that two employees were fatally injured by an electrical shock on 9th January evening during routine operation of an underground pump in the Platosa Mine in Durango, Mexico.
Kingsrose Mining Limited (ASX: KRM) announced the appointment of experienced mining executive Scott Huffadine as Managing Director, effective from 13 January 2014.
HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) announced it has entered into an amended and restated precious metals stream agreement with Silver Wheaton Corp. (TSX:SLW)(NYSE:SLW) pursuant to which the company will receive an additional US$135 million deposit against delivery of 50% of payable gold from the Constancia project.
“During the third quarter, despite realized silver prices of $21.40 we generated positive cash flow and profits from our La Platosa Mine,” stated Brendan Cahill, President and Chief Executive Officer. “Silver grades of almost one kilogram per tonne, improved tonnage and decreased costs contributed significantly to our performance. We took steps early in the quarter to reduce costs, particularly at our corporate office, and began the process of improving our production profile. We are now well positioned to generate profits at current silver prices, while building our cash reserves and preparing to resume exploration early in 2014.”
Q3 Highlights
Connemara Mining Company plc (AIM: CON) announces that it has been awarded 10 prospecting licences covering 413km² in the Stranorlar region of Donegal, Ireland. The licences cover gold, silver and base metals. The focus of Connemara's exploration will be gold.
Gran Colombia Gold Corp. (TSX: GCM, OTC:TPRFF) announced that it produced a total 9,758 ounces of gold and 13,603 ounces of silver in September 2013 from its underground mining operations at Segovia and Marmato in Colombia.
Excellon Resources Inc. (TSX:EXN; OTC:EXLLF) announce production results for the third quarter of 2013 from the La Platosa Mine in Durango, Mexico.
Mark Crawley, currently Director, Marketing and Sales, will replace Jarosław Romanowski (currently I Vice President of the Management Board of KGHM responsible for finance) as head of KGHM International’s Commercial Group.
Brixton Metals Corporation (TSXV: BBB) announced drill results from its 2013 phase one exploration program at its 100 percent owned Thorn project. Brixton completed 28 drill holes for a total of 4,617 metres of NQ sized core diamond drilling within and near the Oban diatreme-breccia zone.
Gran Colombia Gold Corp. (TSX: GCM, OTC:TPRFF) announced that it produced a total 9,441 ounces of gold and 10,794 ounces of silver in July 2013 from its underground mining operations at Segovia and Marmato in Colombia. This brings year-to-date total production to 60,942 ounces of gold and 89,201 ounces of silver.
Vena Resources Inc. (TSX: VEM, Peru: VEM, Germany: V1RA, USA: VNARF) announces that it has entered into debt settlement agreements to settle trade payables for the aggregate settlement amount of $150,350.62, through the issuance of an aggregate of 1,642,651 common shares in the capital of the Company, at an average price of $0.092 per common share.
United Silver Corp. (USC: TSX; USC: OTC; USCZF: Frankfurt: UM8) announce that, effective August 16<sup>th</sup>, 2013, Herrick Lau and Ringo Hui have been appointed to the Board of Directors.
Orvana Minerals Corp. (TSX:ORV) reports that annual union wage negotiations as mandated under Bolivian law have been successfully completed at its Don Mario Upper Mineralized Zone open-pit mine in Bolivia.
Turquoise Hill Resources announced that the company has received a US$235 million advance payment for the Altynalmas Gold transaction and has signed a binding term sheet with majority shareholder Rio Tinto for a new funding agreement that is designed to meet Turquoise Hill’s cash needs through the end of 2013.
Silver Standard Resources Inc. (NASDAQ: SSRI, TSX: SSO) reports consolidated financial results for the second quarter ended June 30, 2013 and other corporate activities.
"We are focused on taking the right steps given the current market conditions, whilst preserving long-term value. This quarter, Pirquitas continued delivering to our production plan and costs are being reduced,
Gold Resource Corporation (NYSE MKT: GORO) is saddened to announce an employee was fatally injured today in a rock fall accident at the La Arista underground mine. Underground operations have been temporarily suspended until an investigation, conducted by Gold Resource Corporation’s management and the Mexican Ministry of Labor and Social Security is completed over the next several days.
Brixton Metals Corporation (TSXV: BBB) announced the signing of an exploration agreement with the Taku River Tlingit First Nation (TRTFN) regarding the Company’s Thorn property in the Sutlahine River area of Northwestern British Columbia (Thorn).
Gran Colombia Gold Corp. (TSX: GCM) announced that, in a continued effort to reduce the general and administrative expenses of the Company, Robert Doyle, Alfonso Lopez Caballero, Augusto Lopez and Mario Pacheco have voluntarily resigned from the Board of Directors effective July 22, 2013.
Alamos Gold Inc. (TSX:AGI) (NYSE: AGI) and Esperanza Resources Corp. (TSX.V:EPZ)(OTCQX:ESPZF) announce that they have entered into a definitive agreement pursuant to which Alamos has agreed to acquire all of the issued and outstanding common shares of Esperanza by way of a court-approved plan of arrangement.
Exeter Resource Corp (XRC: TSX; XRA: NYSE Mkt) announced additional results from the Company’s initial exploration drilling campaign at the Angeles property in northern Sonora state, Mexico.