SilverCrest Mines Inc. (TSX VENTURE:SVL)(FRANKFURT:CW5) today reported that the company has signed the definitive Project Facility Agreement and related documentation with Macquarie Bank Ltd. on a US$12.5 million debt facility to finance the development of its Santa Elena Project in Sonora, Mexico. The press release is quoted as saying: SilverCrest Mines Inc. is a “Precious [...]
Sabina Gold & Silver Corp. (TSX:SBB) today reported that the company has entered into an agreement with Dundee Securities Corporation and a syndicate of underwriters to purchase, on a bought deal basis, 5,000,000 flow-through common shares at a price of $1.27 per Flow-Through Common Share for gross proceeds of $6,350,000. The press release is quoted [...]
San Anton Resource Corporation (SNN:TSX) today announced initial results from preliminary pit optimizations on the Cerro del Gallo gold-silver deposit located at the San Anton project in the state of Guanajuato, Mexico. The press release is quoted as saying: San Anton Resource Corporation is an exploration and development company that is listed on the Toronto [...]
SNS Silver Corporation (TSX VENTURE:SNS) reported that the company has entered into a definitive agreement to which SNS has received the exclusive option to acquire 100 per cent of Northern Nickel Mining Inc.’s interest in the Emerald Lake Gold project consisting of 15 mining leases and 31 mining claims located in Afton and Scholes townships [...]
Strait Gold Corporation (TSX VENTURE:SRD) today reported that the company is offering up to 20,000,000 units of the Company at a price of $0.10 per unit, for gross proceeds of up to $2,000,000. The press release is quoted as saying: Strait Gold Corporation is a Canadian mineral exploration company active in Peru and listed on [...]
Iberian Minerals Corp. (TSX VENTURE:IZN) announced that the company has completed the second draw under the previously announced bridge financing of up to US$21,000,000 with Trafigura Beheer, B.V. The press release is quoted as saying: Iberian Minerals Corp. is a Canadian listed global base metals company with interests in Spain and Peru. The Condestable Mine, [...]
First Majestic Silver Corp. (TSX:FR)(OTCQX:FRMSF)(FRANKFURT:FMV)(WKN:A0LHKJ)announced that the new La Encantada cyanidation plant was inaugurated in a ceremony on November 19, 2009 is declared that the new plant is officially open. The press release is quoted as saying: First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to [...]
GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(PINK SHEETS:GLBXF) appoints James G. Wilson, as Globex’s new Chief Financial Officer (CFO) and Treasurer. The press release is quoted as saying: Globex is an exploration and royalty company with over 90 properties, half of which are advanced gold properties. Other properties include copper, zinc, silver, nickel, rare earths, uranium, magnesium, [...]
By Melissa Pistilli-Silver Investing News Precious metals prices have continued their upward trend with gold flirting with $1200 an ounce and silver hinting it may reach $19 an ounce before the year is out. Silver prices for 2009 have risen like a phoenix from the financial ashes mainly on the winds of strong investment demand. [...]
Hana Mining Ltd.(TSX VENTURE:HMG)(FRANKFURT:4LH) today announced completion of 14 new RC drill holes at its Ghanzi sediment-host copper-silver project in Botswana. The press release is quoted as saying: Hana Mining is focused on demonstrating that the Ghanzi property represents one of Africa’s premier future copper-silver resources. Click here to access the entire press release Click [...]
Friday, November 27, 2009