Latest Amarium Tech Inc (AMMG) Headlines
Amarium Increases High-Grade Copper Purchase Agreement
PR Newswire - Thu Mar 06, 5:52AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that it has now has completed an agreement to increase the tonnage of its High-Grade Copper Purchase Contract with Minera Cobre SA de CV from 50,000 tonnes of high-grade ore to 125,000 tonnes over the next 24 months. The Agreement was amended to account for an increase in operational capacity of the Jovita Mill and the need to secure additional high-grade feedstock.
Amarium Growth Strategy Materializing Due to Operations in Mexico
PR Newswire - Mon Mar 03, 6:59AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., would like to inform all of the Company's stakeholders of the significant reasons for the exponential growth and potential of our mining operations in Mexico. AMMG's strategy to invest and operate in Mexico has been based on the solid fundamentals of the local mining industry.
HGST Debuts New Stylish, Colorful Touro(TM) S Mobile External Hard Drives
PR Newswire - Wed Feb 26, 7:00AM CST
Delivering solutions designed for an increasingly mobile and connected lifestyle, HGST, a Western Digital company (NASDAQ: WDC), today announced that it is expanding its family of external storage and backup solutions with its new line of Touro S mobile external hard drives. Available in colorful metallic finishes such as gold, silver, ruby and platinum, the Touro S drive family delivers two levels of data protection - local backup and cloud storage - to help protect, transport, store and access photos, music, videos and documents from anywhere. With its thin, stylish design and an aluminum enclosure, the 7,200 RPM hard drive-based external drives moves files up to 23 percent faster than standard 5,400 RPM-based drives.
Amarium Increases Daily Production by 300% at the Jovita Mine
PR Newswire - Wed Feb 26, 5:00AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that it has now completed upgrades to its site along with additions to the excavating, crushing and milling equipment at the Jovita Mine that have allowed daily production to increase by 300%. The existing daily throughput of 40 tons per day will now be operated at a capacity of 120 tons per day. The Jovita mine will test operate at 120 tons per day for the next 45 days, while production variances will be measured to ensure that consistent processing and a minimum grade of 3% for recoverable copper ore are maintained.
Amarium Initiates Exploration Program at San Pedro Mine
PR Newswire - Thu Feb 20, 7:09AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that it has initiated an exploration program at the Company's San Pedro Copper Mine in Michoacán, Mexico. The San Pedro Mine is currently undergoing an expansion project of the existing flotation mill now running at 20 tons per day that will be increased to 200 tons per day. The exploration program will involve extensive rock sampling and trenching throughout the southern portion of the property. The cost of the program is expected to come in on budget at US$500,000 and will be completed within the next 90 days.
Amarium Achieves Breakthrough Production Revenues in the 4th Quarter
PR Newswire - Wed Jan 29, 8:15AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., recorded Company high net earnings in the 4th quarter ending December 31, 2013, of $578,004 over the 3rd quarter results of $392,034, representing a 47% increase in net revenue from Q3 to Q4.
Amarium Minerals Announces Jovita & San Pedro Mill Expansion Projects Progressing on Target
PR Newswire - Wed Jan 22, 8:00AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Mill Expansion Programs for both the Jovita Mine and San Pedro Mine are progressing on schedule, and have met all of their aggressive milestones to date. In August, Amarium announced it had initiated an expansion program at the Jovita Mine, to expand production from the current 40 tons per day (tpd) to 500 tpd. Subsequently in December, the Company announced approval for upgrades to the San Pedro Mill that will bring production from 20 tpd to 200 tpd.
Amarium Initiates Expansion Upgrades to Production Mill at San Pedro
PR Newswire - Thu Dec 19, 7:15AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has approved upgrades to their mill at the San Pedro Copper Mine in Michoacán, Mexico. The flotation mill at the San Pedro Mine currently has a capacity of 20 tons per day (tpd), but after upgrades the mill will have a capacity of 200 tpd and will be expandable to 500 tpd. Amarium management stated that the upgrades to San Pedro are to begin immediately.
Amarium Advances Negotiations for Strategic Gold and Silver Acquisition
PR Newswire - Thu Dec 05, 7:40AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company is nearing completion of a gold and silver property acquisition. The target property is located in Mexico with significant surrounding infrastructure already in place and has historical production.
Precious Metals Advancers Maintain Upward Trend: Amarium Technologies, NovaGold Resources, Newmont Mining, Vale, Kinross Gold and Gold Fields
PR Newswire - Tue Nov 12, 7:43AM CST
Precious Metals & Market updates for advancing leaders in the mining sector: Amarium Technologies Inc. (OTC: AMMG), NovaGold Resources Inc. (NYSE: NG), Newmont Mining Corporation (NYSE: NEM), Vale S.A. (NYSE: VALE), Kinross Gold Corporation (NYSE: KGC) and Gold Fields Ltd. (NYSE: GFI)
Amarium Releases Production Revenues And Profits for Q3
PR Newswire - Tue Nov 12, 6:55AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports Net Earnings for the 3rd quarter ending September 30, 2013, of $392,034, the Company's first earnings report to include revenues from the producing La Jovita and San Pedro Copper Mines in Michoacán, Mexico. Amarium reported total production revenues from both sites of US$784,035 during the period.
Metals Aim to Impact International Market: Amarium Metals, Freeport-McMoRan, Southern Copper, Agnico Eagle Mines, Newmont Mining
PR Newswire - Fri Oct 25, 8:15AM CDT
News updates for market movers forging ahead in the mining industry: Amarium Metals Inc. (OTC: AMMG), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Southern Copper Corp. (NYSE: SCCO), Agnico Eagle Mines Limited (NYSE: AEM) and Newmont Mining Corporation (NYSE: NEM)
Amarium Schedules Additional Copper Shipments to Asian Market
PR Newswire - Fri Oct 25, 7:18AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has scheduled additional copper shipments to the Asian market, due to increased sales orders from Anglo-Asia Resource Partners. Amarium is currently organizing shipping and production schedules at both the Jovita and San Pedro Mine facilities to ensure the Company successfully fulfills the new sales orders. Anglo-Asia Resource Partners is a private Hong Kong partnership that is focused on procuring precious and base metals for the Asian market's manufacturing and industrial supply chain.
Amarium Announces Initial Copper Production Shipment
PR Newswire - Wed Oct 23, 7:30AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company's first shipment of copper production to Anglo Asia Resource Partners is currently in transit. The initial copper shipment of 65,000 pounds to its destination in China begins the fulfillment of the copper stream sales agreement the Company entered into with Anglo Asia on June 5, 2013. Anglo Asia Resource Partners is a private Hong Kong partnership that is focused on procuring precious and base metals for the Asian market's manufacturing and industrial supply chain.
Amarium Receives $4.5 Million Payment from Anglo-Asia Resource Partners
Business Wire - Mon Sep 09, 6:30AM CDT
Amarium Technologies Inc. (Pink Sheets:AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has received USD$4.5 million from Anglo-Asia Resource Partners, representing the first installment of payments in their previously announced Copper Stream Agreement. Anglo-Asia is a private Hong Kong based partnership that is focused on procuring precious and base metals for the Asian market. On June 5th, 2013, Amarium entered into a Copper Stream Agreement with Anglo-Asia, for an initial payment of US$8.75 million. A second installment of USD$4.25 million is expected to be completed later this fall, as the expansion project at the Jovita mill continues to progress. Under the terms of the Copper Stream Agreement, Anglo-Asia is entitled to 18% of the monthly production at Jovita, but is also required to make ongoing payments of $0.75 per pound of copper.
Amarium Completes First Phase Trenching of Jovita Exploration Program
Business Wire - Thu Sep 05, 6:30AM CDT
Amarium Technologies Inc. (Pink Sheets:AMMG), through its wholly owned subsidiary Amarium Minerals Inc., released today that the Company has completed the first phase of trenching and ground work at the Jovita property, in Michoacan, Mexico. Trench and rock samples from extensive ground activities have been collected and detailed mapping of the area is now complete. The Company is still conducting trenching along the northwest corridor of Jovita, as an additional surface work phase of the Jovita exploration program, which was announced earlier.
Amarium Signs Agreement with Mining Consultant Sebastian Cervantes Cuevas to Join Board of Directors
Business Wire - Tue Sep 03, 6:30AM CDT
Amarium Technologies Inc. (PINKSHEETS: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., released today that the Company has reached an agreement with mining specialist Sebastian Cervantes Cuevas to join the Board of Directors and act as a consultant for Amarium's current exploration activity at the Jovita Mine in Michoacan, Mexico.
Amarium Acquires San Pedro Copper Mine & Flotation Mill
Business Wire - Wed Aug 21, 7:30AM CDT
Amarium Technologies Inc. (Pink Sheets:AMMG), through its wholly owned subsidiary Amarium Minerals Inc., released today that the Company has acquired the San Pedro Copper Mine and Flotation Mill in Michoacan, Mexico, from Minera Rio Cobre SA de CV. The San Pedro Mine, located in southwestern Michoacan, is a past producer with a 20 ton-per-day (tpd) flotation mill currently on the property. The San Pedro acquisition is a cash and shares purchase transaction and further details will be released shortly.
Amarium Announces $3.2 Million Financing Agreement
Business Wire - Mon Aug 19, 7:30AM CDT
Amarium Technologies Inc. (PINKSHEETS: AMMG) announces that the company has completed a US$3.2 Million private placement of an unsecured convertible debenture with Westin Korrin Capital Investment Inc., a Hong Kong based investment bank. The debenture, which matures after 5 years, bears an annual interest rate of 6.5% and can be converted into common stock at a price of US$0.30 per unit after 24 months.
Amarium Initiates Exploration Program at Jovita
Business Wire - Sun Aug 18, 2:01AM CDT
Amarium Technologies Inc. (PINKSHEETS: AMMG) released today that it has initiated an exploration program at their Jovita Mine. The initial phase of exploration at Jovita will be to expand their current trenching program along the Northwest corridor of the property. The Jovita Mine is a producing copper mine in Michoacan, Mexico with a 40 ton-per-day (tpd) flotation mill located on the property.
Amarium Increases High-Grade Copper Purchase Agreement
PR Newswire - Thu Mar 06, 5:52AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that it has now has completed an agreement to increase the tonnage of its High-Grade Copper Purchase Contract with Minera Cobre SA de CV from 50,000 tonnes of high-grade ore to 125,000 tonnes over the next 24 months. The Agreement was amended to account for an increase in operational capacity of the Jovita Mill and the need to secure additional high-grade feedstock.
Amarium Growth Strategy Materializing Due to Operations in Mexico
PR Newswire - Mon Mar 03, 6:59AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., would like to inform all of the Company's stakeholders of the significant reasons for the exponential growth and potential of our mining operations in Mexico. AMMG's strategy to invest and operate in Mexico has been based on the solid fundamentals of the local mining industry.
HGST Debuts New Stylish, Colorful Touro(TM) S Mobile External Hard Drives
PR Newswire - Wed Feb 26, 7:00AM CST
Delivering solutions designed for an increasingly mobile and connected lifestyle, HGST, a Western Digital company (NASDAQ: WDC), today announced that it is expanding its family of external storage and backup solutions with its new line of Touro S mobile external hard drives. Available in colorful metallic finishes such as gold, silver, ruby and platinum, the Touro S drive family delivers two levels of data protection - local backup and cloud storage - to help protect, transport, store and access photos, music, videos and documents from anywhere. With its thin, stylish design and an aluminum enclosure, the 7,200 RPM hard drive-based external drives moves files up to 23 percent faster than standard 5,400 RPM-based drives.
Amarium Increases Daily Production by 300% at the Jovita Mine
PR Newswire - Wed Feb 26, 5:00AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that it has now completed upgrades to its site along with additions to the excavating, crushing and milling equipment at the Jovita Mine that have allowed daily production to increase by 300%. The existing daily throughput of 40 tons per day will now be operated at a capacity of 120 tons per day. The Jovita mine will test operate at 120 tons per day for the next 45 days, while production variances will be measured to ensure that consistent processing and a minimum grade of 3% for recoverable copper ore are maintained.
Amarium Initiates Exploration Program at San Pedro Mine
PR Newswire - Thu Feb 20, 7:09AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that it has initiated an exploration program at the Company's San Pedro Copper Mine in Michoacán, Mexico. The San Pedro Mine is currently undergoing an expansion project of the existing flotation mill now running at 20 tons per day that will be increased to 200 tons per day. The exploration program will involve extensive rock sampling and trenching throughout the southern portion of the property. The cost of the program is expected to come in on budget at US$500,000 and will be completed within the next 90 days.
Amarium Achieves Breakthrough Production Revenues in the 4th Quarter
PR Newswire - Wed Jan 29, 8:15AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., recorded Company high net earnings in the 4th quarter ending December 31, 2013, of $578,004 over the 3rd quarter results of $392,034, representing a 47% increase in net revenue from Q3 to Q4.
Amarium Minerals Announces Jovita & San Pedro Mill Expansion Projects Progressing on Target
PR Newswire - Wed Jan 22, 8:00AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Mill Expansion Programs for both the Jovita Mine and San Pedro Mine are progressing on schedule, and have met all of their aggressive milestones to date. In August, Amarium announced it had initiated an expansion program at the Jovita Mine, to expand production from the current 40 tons per day (tpd) to 500 tpd. Subsequently in December, the Company announced approval for upgrades to the San Pedro Mill that will bring production from 20 tpd to 200 tpd.
Amarium Initiates Expansion Upgrades to Production Mill at San Pedro
PR Newswire - Thu Dec 19, 7:15AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has approved upgrades to their mill at the San Pedro Copper Mine in Michoacán, Mexico. The flotation mill at the San Pedro Mine currently has a capacity of 20 tons per day (tpd), but after upgrades the mill will have a capacity of 200 tpd and will be expandable to 500 tpd. Amarium management stated that the upgrades to San Pedro are to begin immediately.
Amarium Advances Negotiations for Strategic Gold and Silver Acquisition
PR Newswire - Thu Dec 05, 7:40AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company is nearing completion of a gold and silver property acquisition. The target property is located in Mexico with significant surrounding infrastructure already in place and has historical production.
Precious Metals Advancers Maintain Upward Trend: Amarium Technologies, NovaGold Resources, Newmont Mining, Vale, Kinross Gold and Gold Fields
PR Newswire - Tue Nov 12, 7:43AM CST
Precious Metals & Market updates for advancing leaders in the mining sector: Amarium Technologies Inc. (OTC: AMMG), NovaGold Resources Inc. (NYSE: NG), Newmont Mining Corporation (NYSE: NEM), Vale S.A. (NYSE: VALE), Kinross Gold Corporation (NYSE: KGC) and Gold Fields Ltd. (NYSE: GFI)
Amarium Releases Production Revenues And Profits for Q3
PR Newswire - Tue Nov 12, 6:55AM CST
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports Net Earnings for the 3rd quarter ending September 30, 2013, of $392,034, the Company's first earnings report to include revenues from the producing La Jovita and San Pedro Copper Mines in Michoacán, Mexico. Amarium reported total production revenues from both sites of US$784,035 during the period.
Metals Aim to Impact International Market: Amarium Metals, Freeport-McMoRan, Southern Copper, Agnico Eagle Mines, Newmont Mining
PR Newswire - Fri Oct 25, 8:15AM CDT
News updates for market movers forging ahead in the mining industry: Amarium Metals Inc. (OTC: AMMG), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Southern Copper Corp. (NYSE: SCCO), Agnico Eagle Mines Limited (NYSE: AEM) and Newmont Mining Corporation (NYSE: NEM)
Amarium Schedules Additional Copper Shipments to Asian Market
PR Newswire - Fri Oct 25, 7:18AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has scheduled additional copper shipments to the Asian market, due to increased sales orders from Anglo-Asia Resource Partners. Amarium is currently organizing shipping and production schedules at both the Jovita and San Pedro Mine facilities to ensure the Company successfully fulfills the new sales orders. Anglo-Asia Resource Partners is a private Hong Kong partnership that is focused on procuring precious and base metals for the Asian market's manufacturing and industrial supply chain.
Amarium Announces Initial Copper Production Shipment
PR Newswire - Wed Oct 23, 7:30AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company's first shipment of copper production to Anglo Asia Resource Partners is currently in transit. The initial copper shipment of 65,000 pounds to its destination in China begins the fulfillment of the copper stream sales agreement the Company entered into with Anglo Asia on June 5, 2013. Anglo Asia Resource Partners is a private Hong Kong partnership that is focused on procuring precious and base metals for the Asian market's manufacturing and industrial supply chain.
Amarium Receives $4.5 Million Payment from Anglo-Asia Resource Partners
Business Wire - Mon Sep 09, 6:30AM CDT
Amarium Technologies Inc. (Pink Sheets:AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has received USD$4.5 million from Anglo-Asia Resource Partners, representing the first installment of payments in their previously announced Copper Stream Agreement. Anglo-Asia is a private Hong Kong based partnership that is focused on procuring precious and base metals for the Asian market. On June 5th, 2013, Amarium entered into a Copper Stream Agreement with Anglo-Asia, for an initial payment of US$8.75 million. A second installment of USD$4.25 million is expected to be completed later this fall, as the expansion project at the Jovita mill continues to progress. Under the terms of the Copper Stream Agreement, Anglo-Asia is entitled to 18% of the monthly production at Jovita, but is also required to make ongoing payments of $0.75 per pound of copper.
Amarium Completes First Phase Trenching of Jovita Exploration Program
Business Wire - Thu Sep 05, 6:30AM CDT
Amarium Technologies Inc. (Pink Sheets:AMMG), through its wholly owned subsidiary Amarium Minerals Inc., released today that the Company has completed the first phase of trenching and ground work at the Jovita property, in Michoacan, Mexico. Trench and rock samples from extensive ground activities have been collected and detailed mapping of the area is now complete. The Company is still conducting trenching along the northwest corridor of Jovita, as an additional surface work phase of the Jovita exploration program, which was announced earlier.
Amarium Signs Agreement with Mining Consultant Sebastian Cervantes Cuevas to Join Board of Directors
Business Wire - Tue Sep 03, 6:30AM CDT
Amarium Technologies Inc. (PINKSHEETS: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., released today that the Company has reached an agreement with mining specialist Sebastian Cervantes Cuevas to join the Board of Directors and act as a consultant for Amarium's current exploration activity at the Jovita Mine in Michoacan, Mexico.
Amarium Acquires San Pedro Copper Mine & Flotation Mill
Business Wire - Wed Aug 21, 7:30AM CDT
Amarium Technologies Inc. (Pink Sheets:AMMG), through its wholly owned subsidiary Amarium Minerals Inc., released today that the Company has acquired the San Pedro Copper Mine and Flotation Mill in Michoacan, Mexico, from Minera Rio Cobre SA de CV. The San Pedro Mine, located in southwestern Michoacan, is a past producer with a 20 ton-per-day (tpd) flotation mill currently on the property. The San Pedro acquisition is a cash and shares purchase transaction and further details will be released shortly.
Amarium Announces $3.2 Million Financing Agreement
Business Wire - Mon Aug 19, 7:30AM CDT
Amarium Technologies Inc. (PINKSHEETS: AMMG) announces that the company has completed a US$3.2 Million private placement of an unsecured convertible debenture with Westin Korrin Capital Investment Inc., a Hong Kong based investment bank. The debenture, which matures after 5 years, bears an annual interest rate of 6.5% and can be converted into common stock at a price of US$0.30 per unit after 24 months.
Amarium Initiates Exploration Program at Jovita
Business Wire - Sun Aug 18, 2:01AM CDT
Amarium Technologies Inc. (PINKSHEETS: AMMG) released today that it has initiated an exploration program at their Jovita Mine. The initial phase of exploration at Jovita will be to expand their current trenching program along the Northwest corridor of the property. The Jovita Mine is a producing copper mine in Michoacan, Mexico with a 40 ton-per-day (tpd) flotation mill located on the property.
