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 Mexican parliament’s lower house voted to press ahead with the proposed overhaul of the country’s mining laws which include shortening concessions, tightening water permits and giving back some profits, moves criticized by industry leaders.
Mexico’s antitrust authority, Cofece, has approved Pan American Silver’s acquisition of all issued and outstanding common shares of Yamana Gold, which has gold, silver and copper assets in Latin America.