AMMG News Wednesday, May 21, 2014 4:04:42 PM $AMMG
Many Speculate PGFY Target of Artificial Price Raise
ACCESSWIRE - Wed May 07, 10:32AM CDT
Pingify International Inc.'s (OTCQB: PGFY) share volume skyrocketed on May 6th, with 10,489,962 shares exchanging hands, over seven times higher than its three month daily average volume of 1,435,164 shares.
Amarium Completes Trenching at San Pedro and Prepares for Spring Drill Program
PR Newswire - Mon Apr 28, 6:30AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports the completion of the surface trenching phase of the current exploration program at the San Pedro Mine in Michoacán, Mexico. Eight trenches to depths to 25 feet are completed, with samples submitted to the lab for assaying and broad spectrum analysis. Amarium has scheduled drilling to begin on the property by May 15th.
Amarium Strengthens Management Team with Key Appointment of Sr. V.P. of Operations
PR Newswire - Tue Apr 22, 9:54AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., is pleased to announce the appointment of Mr. Henrich Krauss to our Executive Staff as the new Senior V.P. of Operations and Production Manager for the San Pedro Mine. Mr. Krauss is a Geologist and Management Consultant with over 35 years of experience in managing mining operations in Mexico, South America and Africa.
Amarium Provides an Operations Update and View to Future Strategy
PR Newswire - Mon Mar 24, 9:08AM CDT
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Amarium's Jovita Mill Ahead of Schedule With 67% Increased Daily Tonnage
PR Newswire - Tue Mar 18, 5:00AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Jovita Mill has increased production from 120 tonnes per day (tpd) to 200 tpd, or by 67% for the remaining 28 days of the proposed 45 day test operation. Augmented production at the Jovita Mill is partially the result of an expanded operating schedule, though mainly due to upgrades to equipment capacity and the recently made available source of copper ore.
Amarium Updates Exploration Program at San Pedro
PR Newswire - Tue Mar 11, 10:09AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., is pleased to provide an update on its continuing exploration program at the San Pedro Copper Mine in Michoacán, Mexico. At present and only 14 days into the program, the Company is on schedule with over 200 select rock and soil samples having been marked by GPS, bagged, and submitted for metallurgical assays. Additionally, the site survey is now complete and the trenching and pitting program activities are ongoing in conjunction with the surface sampling.
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.
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.
Many Speculate PGFY Target of Artificial Price Raise
ACCESSWIRE - Wed May 07, 10:32AM CDT
Pingify International Inc.'s (OTCQB: PGFY) share volume skyrocketed on May 6th, with 10,489,962 shares exchanging hands, over seven times higher than its three month daily average volume of 1,435,164 shares.
Amarium Completes Trenching at San Pedro and Prepares for Spring Drill Program
PR Newswire - Mon Apr 28, 6:30AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports the completion of the surface trenching phase of the current exploration program at the San Pedro Mine in Michoacán, Mexico. Eight trenches to depths to 25 feet are completed, with samples submitted to the lab for assaying and broad spectrum analysis. Amarium has scheduled drilling to begin on the property by May 15th.
Amarium Strengthens Management Team with Key Appointment of Sr. V.P. of Operations
PR Newswire - Tue Apr 22, 9:54AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., is pleased to announce the appointment of Mr. Henrich Krauss to our Executive Staff as the new Senior V.P. of Operations and Production Manager for the San Pedro Mine. Mr. Krauss is a Geologist and Management Consultant with over 35 years of experience in managing mining operations in Mexico, South America and Africa.
Amarium Provides an Operations Update and View to Future Strategy
PR Newswire - Mon Mar 24, 9:08AM CDT
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Amarium's Jovita Mill Ahead of Schedule With 67% Increased Daily Tonnage
PR Newswire - Tue Mar 18, 5:00AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Jovita Mill has increased production from 120 tonnes per day (tpd) to 200 tpd, or by 67% for the remaining 28 days of the proposed 45 day test operation. Augmented production at the Jovita Mill is partially the result of an expanded operating schedule, though mainly due to upgrades to equipment capacity and the recently made available source of copper ore.
Amarium Updates Exploration Program at San Pedro
PR Newswire - Tue Mar 11, 10:09AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., is pleased to provide an update on its continuing exploration program at the San Pedro Copper Mine in Michoacán, Mexico. At present and only 14 days into the program, the Company is on schedule with over 200 select rock and soil samples having been marked by GPS, bagged, and submitted for metallurgical assays. Additionally, the site survey is now complete and the trenching and pitting program activities are ongoing in conjunction with the surface sampling.
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.
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.
