Amarium Tech Inc (AMMG) 0.0110 $AMMG
Amarium Secures US $3.15 Million Financing with Anglo Asia Resource Partners
PR Newswire - Tue Aug 19, 10:20AM CDT
Amarium Technologies, Inc. (PINKSHEETS: AMMG), through it's wholly owned subsidiary Amarium Minerals Inc., has secured a US $3.15 Million financing with Anglo Asia Resource Partners. Repayment of this financing will be in the form of a revenue streaming agreement with Anglo Asia receiving 75% of all net revenue until payback and 22% of all net revenue in perpetuity. The previous sales contract with Anglo Asia receiving 18% of all production at a discounted price of $0.75 USD per pound will remain in effect along with this new streaming agreement.
Amarium Begins Ore Extraction at El Desvan Cobre
PR Newswire - Wed Aug 06, 7:00AM CDT
Amarium Technologies, Inc., (OTC: AMMG) through it's wholly owned subsidiary Amarium Minerals Inc., reports the commencement of the ore extraction program at the recently acquired El Desvan Cobre mine. El Desvan is located in the Mexican state of Michoacan, within close proximity to both the Company's producing copper mines, San Pedro and La Jovita.
Amarium Acquires Additional Production at El Desvan Cobre
PR Newswire - Tue Jul 29, 6:00AM CDT
Amarium Technologies, Inc. (OTC: AMMG) through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has signed a definitive agreement to acquire the El Desvan Cobre SA property, located in Michoacan, Mexico. Amarium completed the agreement to acquire a 100% interest in the El Desvan from Minera Rio Cobre SA de CV, after signing a Letter of Intent to acquire the mine on June 18th, 2014. Terms of the agreement have not been released at this time, but the Company reports the value of the acquisition at USD $7.9 million.
Amarium Appoints Career Miner as Manager of Operations at San Pedro
PR Newswire - Thu Jul 10, 7:00AM CDT
Amarium Technologies, Inc. (PINKSHEETS: AMMG) through it's wholly owned subsidiary Amarium Minerals Inc., reports the appointment of Mr. Troy Morgan as the Manager of Operations at the San Pedro Mine located in Michoacan, Mexico. Mr. Morgan has a substantial history with the Company over the past year in a similar capacity at Amarium's other production facility, the Jovita Mine. The Company announced earlier in the week that it had completed upgrades to the processing mill at the San Pedro Mine, increasing the daily tonnage capacity from 20 tons per day (tpd) to 120 tpd.
Amarium Announces 600% Increase in Production Capacity at San Pedro
PR Newswire - Tue Jul 08, 7:30AM CDT
Amarium Technologies Inc. (OTC: AMMG) (PINKSHEETS: AMMG), through its wholly owned subsidiary Amarium Minerals, is pleased to announce completion of upgrades to their ore processing mill located at the San Pedro Mine. The San Pedro mill now has an operational capacity of 120 tons per day (tpd), an increase of 600% over the previous capacity of 20 tpd. The recent updates will allow Amarium to stay on schedule for increasing the medium term maximum throughput of the mill to 200 tpd by December 2014. Both the San Pedro Copper Mine and the Jovita Mill are located in Michoacán, Mexico.
Amarium Announces Earnings, Production and Improvements to Operational Efficiency for 2014 Q2
PR Newswire - Tue Jul 01, 6:30AM CDT
Amarium Technologies Inc. (OTC: AMMG) through its wholly owned subsidiary Amarium Minerals Inc., announces it has received preliminary earnings and production results along with improved operational efficiency for the 2nd Quarter of 2014 ending June 30. Q2 is the first reporting period since the Company announced it has increased the productive capacity of their Jovita Mine to 200 tons per day.
Amarium Upgrades Infrastructure at Jovita
PR Newswire - Tue Jun 24, 7:00AM CDT
Amarium Technologies Inc. (PINKSHEETS: AMMG) (OTC: AMMG) though its wholly owned subsidiary Amarium Minerals Inc., announces the company has initiated a infrastructure upgrade at the Jovita Mine to facilitate increased production. Upgrades of the roads and loading faculties have been planned for over a year, and are a requirement for the continued expansion of production at the Jovita Mine. The project is scheduled for completion within 90 days, and is budget at an estimated US$375,000. The Jovita Mine is located in Michoacán, Mexico, and has been recently expanded to an operational capacity of 200 tons per day (tpd).
Amarium Signs LOI to Acquire High Grade Copper Mine
PR Newswire - Wed Jun 18, 10:24AM CDT
Amarium Technologies Inc. (OTC: AMMG) (PINKSHEETS: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports the Company has signed a Letter of Intent (LOI) to acquire a high-grade copper property in Michoacán, Mexico. This copper property has been previously worked as a smaller scale artisan mine. Due to the prior mining and extensive exploration, management believes there is a sufficiently significant available copper resource at this location to warrant large-scale commercial production. Terms of the pending acquisition have not been disclosed at this time.
Amarium Updates San Pedro Exploration, Expands Drill Program
PR Newswire - Thu Jun 12, 7:00AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., releases an update to the San Pedro Exploration program. With 6 holes completed of a planned 20, the Company has decided to expand the program by an additional 10 holes that will allow for more extensive coverage of specific areas of interest. Drilling at San Pedro has been concentrated along the Southern region of the property, where previous trenching activity indicated significant mineralization.
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 Secures US $3.15 Million Financing with Anglo Asia Resource Partners
PR Newswire - Tue Aug 19, 10:20AM CDT
Amarium Technologies, Inc. (PINKSHEETS: AMMG), through it's wholly owned subsidiary Amarium Minerals Inc., has secured a US $3.15 Million financing with Anglo Asia Resource Partners. Repayment of this financing will be in the form of a revenue streaming agreement with Anglo Asia receiving 75% of all net revenue until payback and 22% of all net revenue in perpetuity. The previous sales contract with Anglo Asia receiving 18% of all production at a discounted price of $0.75 USD per pound will remain in effect along with this new streaming agreement.
Amarium Begins Ore Extraction at El Desvan Cobre
PR Newswire - Wed Aug 06, 7:00AM CDT
Amarium Technologies, Inc., (OTC: AMMG) through it's wholly owned subsidiary Amarium Minerals Inc., reports the commencement of the ore extraction program at the recently acquired El Desvan Cobre mine. El Desvan is located in the Mexican state of Michoacan, within close proximity to both the Company's producing copper mines, San Pedro and La Jovita.
Amarium Acquires Additional Production at El Desvan Cobre
PR Newswire - Tue Jul 29, 6:00AM CDT
Amarium Technologies, Inc. (OTC: AMMG) through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has signed a definitive agreement to acquire the El Desvan Cobre SA property, located in Michoacan, Mexico. Amarium completed the agreement to acquire a 100% interest in the El Desvan from Minera Rio Cobre SA de CV, after signing a Letter of Intent to acquire the mine on June 18th, 2014. Terms of the agreement have not been released at this time, but the Company reports the value of the acquisition at USD $7.9 million.
Amarium Appoints Career Miner as Manager of Operations at San Pedro
PR Newswire - Thu Jul 10, 7:00AM CDT
Amarium Technologies, Inc. (PINKSHEETS: AMMG) through it's wholly owned subsidiary Amarium Minerals Inc., reports the appointment of Mr. Troy Morgan as the Manager of Operations at the San Pedro Mine located in Michoacan, Mexico. Mr. Morgan has a substantial history with the Company over the past year in a similar capacity at Amarium's other production facility, the Jovita Mine. The Company announced earlier in the week that it had completed upgrades to the processing mill at the San Pedro Mine, increasing the daily tonnage capacity from 20 tons per day (tpd) to 120 tpd.
Amarium Announces 600% Increase in Production Capacity at San Pedro
PR Newswire - Tue Jul 08, 7:30AM CDT
Amarium Technologies Inc. (OTC: AMMG) (PINKSHEETS: AMMG), through its wholly owned subsidiary Amarium Minerals, is pleased to announce completion of upgrades to their ore processing mill located at the San Pedro Mine. The San Pedro mill now has an operational capacity of 120 tons per day (tpd), an increase of 600% over the previous capacity of 20 tpd. The recent updates will allow Amarium to stay on schedule for increasing the medium term maximum throughput of the mill to 200 tpd by December 2014. Both the San Pedro Copper Mine and the Jovita Mill are located in Michoacán, Mexico.
Amarium Announces Earnings, Production and Improvements to Operational Efficiency for 2014 Q2
PR Newswire - Tue Jul 01, 6:30AM CDT
Amarium Technologies Inc. (OTC: AMMG) through its wholly owned subsidiary Amarium Minerals Inc., announces it has received preliminary earnings and production results along with improved operational efficiency for the 2nd Quarter of 2014 ending June 30. Q2 is the first reporting period since the Company announced it has increased the productive capacity of their Jovita Mine to 200 tons per day.
Amarium Upgrades Infrastructure at Jovita
PR Newswire - Tue Jun 24, 7:00AM CDT
Amarium Technologies Inc. (PINKSHEETS: AMMG) (OTC: AMMG) though its wholly owned subsidiary Amarium Minerals Inc., announces the company has initiated a infrastructure upgrade at the Jovita Mine to facilitate increased production. Upgrades of the roads and loading faculties have been planned for over a year, and are a requirement for the continued expansion of production at the Jovita Mine. The project is scheduled for completion within 90 days, and is budget at an estimated US$375,000. The Jovita Mine is located in Michoacán, Mexico, and has been recently expanded to an operational capacity of 200 tons per day (tpd).
Amarium Signs LOI to Acquire High Grade Copper Mine
PR Newswire - Wed Jun 18, 10:24AM CDT
Amarium Technologies Inc. (OTC: AMMG) (PINKSHEETS: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports the Company has signed a Letter of Intent (LOI) to acquire a high-grade copper property in Michoacán, Mexico. This copper property has been previously worked as a smaller scale artisan mine. Due to the prior mining and extensive exploration, management believes there is a sufficiently significant available copper resource at this location to warrant large-scale commercial production. Terms of the pending acquisition have not been disclosed at this time.
Amarium Updates San Pedro Exploration, Expands Drill Program
PR Newswire - Thu Jun 12, 7:00AM CDT
Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., releases an update to the San Pedro Exploration program. With 6 holes completed of a planned 20, the Company has decided to expand the program by an additional 10 holes that will allow for more extensive coverage of specific areas of interest. Drilling at San Pedro has been concentrated along the Southern region of the property, where previous trenching activity indicated significant mineralization.
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.
