Latest Fresnillo Plc (FNLPF) Headlines MAG Si
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MAG Silver Announces Start of Juanicipio Underground Development
Marketwire - Mon Oct 28, 8:03AM CDT
MAG Silver Corp. (TSX: MAG)(NYSE MKT: MVG) ("MAG" or the "Company") announces that its joint venture partner and project operator, Fresnillo plc ("Fresnillo"), has commenced underground development at the Juanicipio project located in the Fresnillo District, Zacatecas State, Mexico. Portal area preparation is in the final stages of completion and a continuous miner is planned to start excavating the uppermost part of the access ramp (see photo, visit following link: http://file.marketwire.com/release/development_photo.jpg). The initiation of underground work follows a year of engineering, hydrological and environmental studies in support of required permits, all of which are now in hand. The underground work is being carried out under a previously approved initial development budget that includes the commencement of the first 2,500 metres of ramp advancement. The Juanicipio Project is held in Minera Juanicipio S.A. de C.V. ("Minera Juanicipio"), a Mexican joint venture company owned 44% by MAG and 56% by Fresnillo.
Colibri Reports on Soil Sampling Program at Evelyn Gold Project in Caborca, Sonora, Mexico
CNW Group - Thu May 30, 8:53AM CDT
Colibri Resource Corporation ("Colibri" or the "Company") (TSX.V-CBI)is pleased to provide an update of exploration activities at the 506 hectare Evelyn Gold Project, near the town of Caborca in Sonora, Mexico. Evelyn in located approximately 13 kilometres to the northeast of the Noche Buena Gold Mine (Minera Penmont JV - Fresnillo PLC 56%, Newmont USA Ltd. 44%), and about 20 kilometres to the northwest of the Company's Colibri/Pitaya Gold Project. The conceptual target at Evelyn is orogenic-style gold mineralization, similar to other projects in the Caborca area. The project has small scale historic artisanal gold workings on northeast and northwest-trending vein structures in altered and locally schistose volcanic host rock.
Fresnillo PLC's land pkg that includes the 9.6 million Au Orisyvo Discovery Surrounds Alliance's Gold Assets, recent work denotes several new alteration zones up to 3.7 g/t Au &...
ACCESSWIRE-TNW - Wed Mar 27, 8:00AM CDT
The Company has recently received results of an exploration program on the El Indio and Pelonachi properties which included mapping and channel sampling during the months of November to January. Also included was improvements to access roads in certain areas of the Pelonachi property. A total of 222 geochemical samples were taken on the El Indio property and 488 samples were taken on the Pelonachi property. The El Indio and Pelonachi claims are part of Alliance's 4,872 hectare land package located totaling nearly 50 square kilometres primarily in the Uruachic district of northwestern Mexico. The land package puts Alliance in the heart of a prolific gold exploration area and includes the closest privately held claims, within four kilometres, to Fresnillo PLC's important Orisyvo discovery (www.fresnilloplc.com). Fresnillo is the world's largest primary silver producer and the second-largest gold producer in Mexico. However, the Orisyvo discovery may change that.
Analyzing the Global Mining Industry 2012
M2 - Wed Feb 06, 2:52AM CST
Research and Markets (http://www.researchandmarkets.com/research/cdfv37/analyzing_the) has announced the addition of the "Analyzing the Global Mining Industry 2012" report to their offering. The financial crisis of 2008 and 2009 had a major impact on the global mining industry. However, the year 2010 saw the industry recover strongly and this growth rate continued well into 2011 and the first half of 2012 as well. The global mining industry has been seeing a steady rise in mergers and acquisitions amongst the major players with the Xstrata and Glencore International deal making the news. With the global cost of commodities going up and governments around the world tightening regulations on the mining industry, mining companies are expanding in order to meet these challenges. Aruvian Research analyzes the global mining industry in its research offering Analyzing the Global Mining Industry. The report analyzes the global mining industry through an industry definition moving on to the industry analysis thr