Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Production from Canadian miner Magna Gold’s flagship San Francisco mine in Sonora, Mexico, fell in its second quarter of full-scale, steady state, commercial production.
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The Al Cubo Mine in Guanajuato, Mexico has been sold to VanGold Mining Corp for US$15 million. The binding agreement backs up the cash and share payments made for the acquisition of the mine and takes into account a number of specific conditions, including the impact of COVID-19, legislation, and taxation. Recommended Read Endeavour Silver Agrees to […]
Mining and transport firm Grupo Mexico on Wednesday reported a 40.5% drop in its second-quarter net profit from the same period a year earlier, as sales fell while costs rose, according to a company filing.
Recommended Read Mexico mining chamber calls for end to concessions freeze Mexico’s mining industry chamber Camimex urged the government to end a freeze on new concessions, or risk undermining the future of the industry. ... Read More »