Hochschild Mining Plc (HCHDF) 1.4785 $HCHDF
Fitch Affirms Hochschild Mining's IDRs at 'BB+'; Outlook Stable
Business Wire - Thu Nov 06, 3:36PM CST
Fitch Ratings has affirmed the long-term foreign currency Issuer Default Rating (IDR) and long-term local currency IDR of Hochschild Mining Plc (Hochschild), and USD350 million 7.75% senior unsecured notes due 2021 issued by the company's 100% owned subsidiary in Peru, Compania Minera Ares S.A.C., at 'BB+'. The Rating Outlook is Stable.
Definitive Agreement Signed for Sale of Corina Project to Minera Ares
Marketwire - Tue Jul 29, 9:57AM CDT
Lara Exploration Ltd. ("Lara" or the "Company"
(TSX VENTURE: LRA) is pleased to report that it has signed a Definitive Mining Assignment and Option Agreement with Compania Minera Ares S.A.C. ("Ares" , a subsidiary of London-listed Hochschild Mining plc., to purchase the Company's Corina Gold Project in southern Peru. Under the proposed terms, Ares has the option to acquire Corina from Lara for staged cash payments totalling US$4,150,000 (US$150,000 of which was paid on signing), carrying out up to US$2,000,000 in exploration in order to keep the Assignment and Option Agreement in good standing, and paying a 2% net smelter return royalty on any future production (see Company news release of June 23, 2014 for details).
LRA.VN: 0.485 (+0.015)
Lara Signs Letter of Intent to Sell Corina Project in Peru to Minera Ares
Marketwire - Mon Jun 23, 6:31AM CDT
Lara Exploration Ltd. ("Lara" or the "Company" (TSX VENTURE: LRA) is pleased to report that it has signed a binding Letter of Intent granting an option to purchase its Corina Gold Project in southern Peru to Compania Minera Ares S.A.C. ("Ares" , a subsidiary of London-listed Hochschild Mining plc., that operates mines nearby. Under the proposed terms, Ares can acquire the Corina property from Lara for staged cash payments totalling US$4,150,000, carrying out US$2,000,000 in exploration and paying a 2% net smelter return royalty on any future production as follows:
LRA.VN: 0.485 (+0.015)
SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Notifies Investors of THE JONES GROUP INC. of Class Action Against Its Board of Directors In Connection With the Sale of the Company to Sycamore Partners -- JNY
GlobeNewswire - Tue Jan 14, 4:16PM CST
Levi & Korsinsky notifies investors of The Jones Group Inc. ("The Jones Group" or "the Company" (NYSE:JNY) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Sycamore Partners. A complaint was filed in New York state court.
JNY: 14.99 (+0.03)
Canadian Forex Midday: C$ Weakens
Commodity News Service Canada - Commodity News Service Canada, Inc. - Fri Dec 20, 1:55PM CST
The Canadian dollar was weaker against its US counterpart at midday Friday, undermined by weaker-than-expected Canadian economic data and positive growth seen in the US economy, industry watchers said.
Riverside Resources Receives Additional $300,000 in Target Definition Funding from Alliance Partner Hochschild Mining to Advance Riverside's Clemente Project, Sonora, Mexico
Marketwire - Mon Sep 09, 10:46AM CDT
Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE: RRI) (PINKSHEETS: RVSDF) (FRANKFURT: R99), is pleased to announce that an additional $300,000 has been received from its alliance partner, Hochschild Mining Plc ("Hochschild" , for target definition at the Company's Clemente project in Sonora, Mexico. The additional funds will be used to carry out further mapping, geochemistry and trenching work this fall to refine targets ahead of potential drill testing in early 2014. Target Definition funding will provide Riverside and Hochschild an opportunity to further evaluate and advance Alliance properties as potential Designated Projects (DP's) before entering the earn-in stage of the agreement. Once a project is selected as a DP, Hochschild can earn a 65% interest by spending $5M in exploration over four years and making a one-time cash payment to Riverside of $3M.
RRI.VN: 0.270 (-0.010)
Riverside Resources Signs $2.25m Three Year Strategic Alliance With Hochschild Mining for Gold-Silver Exploration in Western Sonora, Mexico
Marketwire - Mon Apr 15, 6:01AM CDT
Riverside Resources Inc. ("Riverside" or the "Company" (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) is pleased to announce the signing of a three year, C$2.25M strategic exploration alliance (the "Alliance" with Hochschild Mining Holdings Limited ("Hochschild" , for generative exploration throughout the prolific Mega-shear Gold Belt in western Sonora, Mexico. The Alliance will focus on identifying potential new large precious metal deposits using Riverside's extensive technical knowledge and experience in Sonora. Hochschild will fund C$750,000 on an annual basis (C$2.25M over three years) for generative exploration and Riverside will be the operator for all exploration activities of the Alliance, while all decisions relating to the Alliance will be made jointly through a Technical Committee ("TC" comprising two (2) representatives from each of Riverside and Hochschild similar in structure to other exploration alliances that Riverside is currently operating in Canada and Mexico.
RRI.VN: 0.270 (-0.010)
Iron Creek & Hochschild Mining Agree Exchange of Property Interests and Royalties
Marketwire - Mon Apr 08, 6:01PM CDT
Iron Creek Capital Corp. (TSX VENTURE: IRN) ("Iron Creek" is pleased to announce an agreement to exchange property interests and royalties with its joint venture partner, Hochschild Mining Holdings Limited (LSE: HOC.L) ("Hochschild" .
IRN.VN: 0.090 (+0.005)
International Minerals Announces Closing of $140 Million Loan Facility for Inmaculada Mine Construction
Marketwire Canada - Mon Mar 25, 1:00AM CDT
International Minerals Corporation (TSX: IMZ) (SWISS: IMZ) is pleased to announce that a $140 million term loan facility agreement with a consortium of Peruvian banks has been signed by Minera Suyamarca S.A.C. ("Suyamarca" to provide partial financing for the capital costs required to complete the development and construction of the Inmaculada gold-silver project located in Peru.
IMZ.TO: ()
Solitario Signs Letter of Intent with Hochschild Mining on Its Pachuca Norte Silver-Gold Project, Mexico
Business Wire - Thu Mar 07, 11:32AM CST
Solitario Exploration & Royalty Corp. ("Solitario;" NYSE MKT: XPL; TSX: SLR) is pleased to announce that it has signed a binding Letter of Intent ("LOI" with Minera Hochschild Mexico S.A. de C.V., a 100%-owned subsidiary of Hochschild Mining plc (LSE: HOCM.L / HOC LN) ("Hochschild" , on Solitario's Pachuca Norte silver-gold project in central Mexico. Solitario's 100%-owned Pachuca Norte project (formerly called "Pachuca Real" , encompasses approximately 19,000 hectares of mineral rights in and around the famed Pachuca silver-gold mining district. Historic production from the Pachuca district totals approximately 1.4 billion ounces of silver and over 7.0 million ounces of gold, making it one of the largest silver-gold districts in the world. A map of the project area can be viewed on Solitario's website at http://www.solitarioxr.com/art/PachucaNorte.pdf.
SLR.TO: 1.06 (-0.04), XPL: 0.94 (+0.02)
Santacruz Silver Adds Fourth Silver Project to Its Portfolio
Marketwire - Thu Mar 07, 6:43AM CST
Santacruz Silver Mining Ltd. (TSX VENTURE: SCZ) ("Santacruz Silver" or the "Company" is pleased to announce that pursuant to the San Felipe Agreement with Hochschild Mining, dated August 18, 2011, it has exercised its option to acquire the 48,057.33 hectare El Gachi project located 30 kilometers from the San Felipe project in Sonora state.
SCZ.VN: 0.425 (+0.005)
Hochschild Completes Compulsory Acquisition of Andina Common Shares
Marketwire - Wed Feb 20, 9:14AM CST
Hochschild Mining plc (LSE: HOCM.L)(LSE: HOC) and Andina Minerals Inc. ("Andina" (TSX VENTURE: ADM) today announced that 1710503 Alberta Ltd. (the "Offeror" , a wholly-owned subsidiary of Hochschild Mining plc, has completed its previously announced compulsory acquisition under the Business Corporations Act (Alberta) of all of the outstanding Andina common shares ("Andina Shares" not already owned by it following its previously announced successful take-over bid. As a result of the acquisition of such shares, the Offeror now owns 100% of the issued and outstanding Andina Shares.
Fitch Affirms Hochschild Mining's IDRs at 'BB+'; Outlook Stable
Business Wire - Thu Nov 06, 3:36PM CST
Fitch Ratings has affirmed the long-term foreign currency Issuer Default Rating (IDR) and long-term local currency IDR of Hochschild Mining Plc (Hochschild), and USD350 million 7.75% senior unsecured notes due 2021 issued by the company's 100% owned subsidiary in Peru, Compania Minera Ares S.A.C., at 'BB+'. The Rating Outlook is Stable.
Definitive Agreement Signed for Sale of Corina Project to Minera Ares
Marketwire - Tue Jul 29, 9:57AM CDT
Lara Exploration Ltd. ("Lara" or the "Company"
(TSX VENTURE: LRA) is pleased to report that it has signed a Definitive Mining Assignment and Option Agreement with Compania Minera Ares S.A.C. ("Ares" , a subsidiary of London-listed Hochschild Mining plc., to purchase the Company's Corina Gold Project in southern Peru. Under the proposed terms, Ares has the option to acquire Corina from Lara for staged cash payments totalling US$4,150,000 (US$150,000 of which was paid on signing), carrying out up to US$2,000,000 in exploration in order to keep the Assignment and Option Agreement in good standing, and paying a 2% net smelter return royalty on any future production (see Company news release of June 23, 2014 for details). LRA.VN: 0.485 (+0.015)
Lara Signs Letter of Intent to Sell Corina Project in Peru to Minera Ares
Marketwire - Mon Jun 23, 6:31AM CDT
Lara Exploration Ltd. ("Lara" or the "Company"
(TSX VENTURE: LRA) is pleased to report that it has signed a binding Letter of Intent granting an option to purchase its Corina Gold Project in southern Peru to Compania Minera Ares S.A.C. ("Ares" , a subsidiary of London-listed Hochschild Mining plc., that operates mines nearby. Under the proposed terms, Ares can acquire the Corina property from Lara for staged cash payments totalling US$4,150,000, carrying out US$2,000,000 in exploration and paying a 2% net smelter return royalty on any future production as follows: LRA.VN: 0.485 (+0.015)
SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Notifies Investors of THE JONES GROUP INC. of Class Action Against Its Board of Directors In Connection With the Sale of the Company to Sycamore Partners -- JNY
GlobeNewswire - Tue Jan 14, 4:16PM CST
Levi & Korsinsky notifies investors of The Jones Group Inc. ("The Jones Group" or "the Company"
(NYSE:JNY) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Sycamore Partners. A complaint was filed in New York state court. JNY: 14.99 (+0.03)
Canadian Forex Midday: C$ Weakens
Commodity News Service Canada - Commodity News Service Canada, Inc. - Fri Dec 20, 1:55PM CST
The Canadian dollar was weaker against its US counterpart at midday Friday, undermined by weaker-than-expected Canadian economic data and positive growth seen in the US economy, industry watchers said.
Riverside Resources Receives Additional $300,000 in Target Definition Funding from Alliance Partner Hochschild Mining to Advance Riverside's Clemente Project, Sonora, Mexico
Marketwire - Mon Sep 09, 10:46AM CDT
Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE: RRI) (PINKSHEETS: RVSDF) (FRANKFURT: R99), is pleased to announce that an additional $300,000 has been received from its alliance partner, Hochschild Mining Plc ("Hochschild" , for target definition at the Company's Clemente project in Sonora, Mexico. The additional funds will be used to carry out further mapping, geochemistry and trenching work this fall to refine targets ahead of potential drill testing in early 2014. Target Definition funding will provide Riverside and Hochschild an opportunity to further evaluate and advance Alliance properties as potential Designated Projects (DP's) before entering the earn-in stage of the agreement. Once a project is selected as a DP, Hochschild can earn a 65% interest by spending $5M in exploration over four years and making a one-time cash payment to Riverside of $3M. RRI.VN: 0.270 (-0.010)
Riverside Resources Signs $2.25m Three Year Strategic Alliance With Hochschild Mining for Gold-Silver Exploration in Western Sonora, Mexico
Marketwire - Mon Apr 15, 6:01AM CDT
Riverside Resources Inc. ("Riverside" or the "Company"
(TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) is pleased to announce the signing of a three year, C$2.25M strategic exploration alliance (the "Alliance" with Hochschild Mining Holdings Limited ("Hochschild" , for generative exploration throughout the prolific Mega-shear Gold Belt in western Sonora, Mexico. The Alliance will focus on identifying potential new large precious metal deposits using Riverside's extensive technical knowledge and experience in Sonora. Hochschild will fund C$750,000 on an annual basis (C$2.25M over three years) for generative exploration and Riverside will be the operator for all exploration activities of the Alliance, while all decisions relating to the Alliance will be made jointly through a Technical Committee ("TC" comprising two (2) representatives from each of Riverside and Hochschild similar in structure to other exploration alliances that Riverside is currently operating in Canada and Mexico. RRI.VN: 0.270 (-0.010)
Iron Creek & Hochschild Mining Agree Exchange of Property Interests and Royalties
Marketwire - Mon Apr 08, 6:01PM CDT
Iron Creek Capital Corp. (TSX VENTURE: IRN) ("Iron Creek"
is pleased to announce an agreement to exchange property interests and royalties with its joint venture partner, Hochschild Mining Holdings Limited (LSE: HOC.L) ("Hochschild" . IRN.VN: 0.090 (+0.005)
International Minerals Announces Closing of $140 Million Loan Facility for Inmaculada Mine Construction
Marketwire Canada - Mon Mar 25, 1:00AM CDT
International Minerals Corporation (TSX: IMZ) (SWISS: IMZ) is pleased to announce that a $140 million term loan facility agreement with a consortium of Peruvian banks has been signed by Minera Suyamarca S.A.C. ("Suyamarca"
to provide partial financing for the capital costs required to complete the development and construction of the Inmaculada gold-silver project located in Peru. IMZ.TO: ()
Solitario Signs Letter of Intent with Hochschild Mining on Its Pachuca Norte Silver-Gold Project, Mexico
Business Wire - Thu Mar 07, 11:32AM CST
Solitario Exploration & Royalty Corp. ("Solitario;" NYSE MKT: XPL; TSX: SLR) is pleased to announce that it has signed a binding Letter of Intent ("LOI"
with Minera Hochschild Mexico S.A. de C.V., a 100%-owned subsidiary of Hochschild Mining plc (LSE: HOCM.L / HOC LN) ("Hochschild" , on Solitario's Pachuca Norte silver-gold project in central Mexico. Solitario's 100%-owned Pachuca Norte project (formerly called "Pachuca Real" , encompasses approximately 19,000 hectares of mineral rights in and around the famed Pachuca silver-gold mining district. Historic production from the Pachuca district totals approximately 1.4 billion ounces of silver and over 7.0 million ounces of gold, making it one of the largest silver-gold districts in the world. A map of the project area can be viewed on Solitario's website at http://www.solitarioxr.com/art/PachucaNorte.pdf. SLR.TO: 1.06 (-0.04), XPL: 0.94 (+0.02)
Santacruz Silver Adds Fourth Silver Project to Its Portfolio
Marketwire - Thu Mar 07, 6:43AM CST
Santacruz Silver Mining Ltd. (TSX VENTURE: SCZ) ("Santacruz Silver" or the "Company"
is pleased to announce that pursuant to the San Felipe Agreement with Hochschild Mining, dated August 18, 2011, it has exercised its option to acquire the 48,057.33 hectare El Gachi project located 30 kilometers from the San Felipe project in Sonora state. SCZ.VN: 0.425 (+0.005)
Hochschild Completes Compulsory Acquisition of Andina Common Shares
Marketwire - Wed Feb 20, 9:14AM CST
Hochschild Mining plc (LSE: HOCM.L)(LSE: HOC) and Andina Minerals Inc. ("Andina"
(TSX VENTURE: ADM) today announced that 1710503 Alberta Ltd. (the "Offeror" , a wholly-owned subsidiary of Hochschild Mining plc, has completed its previously announced compulsory acquisition under the Business Corporations Act (Alberta) of all of the outstanding Andina common shares ("Andina Shares" not already owned by it following its previously announced successful take-over bid. As a result of the acquisition of such shares, the Offeror now owns 100% of the issued and outstanding Andina Shares. 
