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The Bolivian government is willing to compensate South American Silver Corp for revoking its concession on the Malku Khota project, but it will be far less than the $16 million the company says it has invested, the country's vice president said on Thursday.
South American Silver Corp. (SAC.TO)(SOHAF) today expressed extreme disappointment in statements made this evening by the Bolivian government that it intends to nationalize the company's development stage Malku Khota silver-indium-gallium project.
SilverCrest Mines Inc. (TSX-V: SVL | OTCQX: STVZF) is a Vancouver based precious metals producer and mine development company who is rapidly advancing several projects in northern Mexico. The company has grown their flagship Santa Elena Mine in Sonora from an exploration project into a producing mine, drilled out a significant resource at their nearby Cruz de Mayo property, and recently announced a large silver equivalent (Ag, Au, Cu) resource at their La Joya deposit in Durango.
SilverCrest Mines Inc. (SVL.V)(STVZF) (the "Company") is pleased to announce an update on activities for the Santa Elena Mine Expansion Plan and the ongoing Phase II La Joya drill program in Mexico. The Santa Elena Mine expansion remains on schedule, targeting a 100% increase in metal production commencing in 2014. Resource definition drilling and extensive metallurgical test work continues at La Joya with an anticipated Q4, 2012 resource update. The most significant activities are outlined…
First Majestic Silver Corp. ("First Majestic") (FR.TO)(AG)(FMV.F) and Silvermex Resources Inc. ("Silvermex") (SLX.TO)(OTC.BB:GGCRF)(GSBN.F) are pleased to announce the completion of the plan of arrangement (the "Arrangement") previously announced in the joint news release of First Majestic and Silvermex dated April 3, 2012.
To our Shareholders, Partners, and Communities we do business with. High commodity prices have provided opportunities as well as challenges to the mining industry these last years. The level of exploration and mining activity around the world is higher than it has been for many years and there are no obvious signs of a slowdown ahead. We all at Santacruz believe that in order to be successful in the long term, a company must have mineral deposits with geological and mineralogical…
In trading on Friday, shares of Pan American Silver Corp. (Toronto: PAA) crossed below their last reported book value — defined as common shareholder equity per share — of $17.83, changing hands as low as $17.70 per share. Pan American Silver Corp. shares are currently trading down about 3.2% on the day.
Huldra Silver Inc. (HDA.V) (the "Company" or "Huldra") today provides a progress update on the mining operations at its 100% owned Treasure Mountain Property and an update on the construction of its 200 tonne per day mill in Merritt, BC.
Huldra Silver Inc. (HDA.V) ("Huldra" or the "Company"), is pleased to announce that it has priced, together with National Bank Financial Inc., the lead agent on behalf of a syndicate of agents, including BayFront Capital Partners and Pope & Company Limited (collectively, the "Agents"), its previously announced best efforts private placement. The Company will issue up to 2,777,777 common shares (each, a "Share") at a price of $1.08 per Share for gross proceeds of up to $3,000,000 and up to 3,333…
London, England, Arian Silver Corporation ("Arian" or the "Company") (TSXV: AGQ) (AIM: AGQ) (FRANKFURT: I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the release of its Management's Discussion and Analysis ("MD&A") and unaudited Financial Statements ("Financials") for the three months ended 31 March 2012.
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