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.
Pursuant to the definitive purchase agreement date…
Vancouver, British Columbia–(Newsfile Corp. – April 6, 2021) – Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the “Company” or “Santacruz“) announces that the acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. (“Minera Cedros”), together with the US$17.6 million loan facility from Trafigura Mexico, S.A. de C.V. (the “Trafigura Loan Facility”), are now expected to close on or before April 16, 2021. These transactions were last described in the Company’s news release dated February 25, 2021.
Pursuant to the definitive purchase agreement dated February 24, 2021 (the “Purchase Agreement”) between the Company’s wholly-owned subsidiary, Carrizal Mining S.A. de C.V. (“Carrizal”), and Minera Cedros, closing of the acquisition of the ...
Even as gold and silver continue to move upward due to inflation, COVID-19 threatens to put constraints on mining across the globe. Cases at locations such as Gold Resource Corporations Mexican mining holdings have begun to spike. Vaccination rates remain lower than in the US and Canada as well, further threatening the risk of exposure. […]
Five companies currently have lithium mining concessions in Mexico, according to a report by two mining NGOs, which clashes with President Andrés Manuel López Obrador’s claims that there are only one or two such concessions in the country.
The latest news in copper is that the market is tight. Mining Weekly reported, "Giant mines currently under construction will turn out an additional one-million tons of copper through 2023, but that gap won't be enough to fully close an expected gap between supply and demand in the next few years." Copper was at a […]