A surge into profit at its San Gregorio mine in Uruguay should just be the start of a run of consistently good quarters, believes Orosur Mining’s chief executive Ignacio Salazar. Add in a new, potentially high grade gold asset in Colombia, virtually no debt and a healthy margin with gold at US$1,260 and Salazar explains to Proactive he is very happy at present. A new underground operation at San Gregorio West is set to start up imminently, while 'painful' measures taken over the past three years have seen costs tumble. All-in sustaining costs were below US$1,000 in its latest quarter even after extensive exploration around San Gregorio. Last week Orosur reported that this exploration had unearthed potential new deposits all around the mine.
Views: 385 Proactive Investors Stocktube
http://www.hdimining.com/s/Home.asp Hunter Dickinson Inc. (HDI) is a diversified, global mining group with more than 25 years of mineral development success. From its head office in Vancouver, Canada, HDI applies its unique strengths and capabilities to acquire, develop, operate and monetize mineral properties that provide consistently superior returns to shareholders. HDI was established as an affiliation of geologists, financiers and mining professionals engaged in advancing mineral properties in western Canada for a series of public companies. Many of the company's founders are active members of the HDI Board of Directors and senior management team today. From 1985 to 1990, HDI founded three companies -- North American Metals, Continental Gold and El Condor Resources -- with projects that would go on to become major hard rock mines. These include Golden Bear (operated 1989-2001), Kemess (operated 2000-2011) and Mt. Milligan (construction commenced in 2010). A new suite of HDI-associated public companies was created in the 1990s, each of which went on to advance significant mining assets and generate superior shareholder returns. Many of these companies -- including Taseko Mines Limited, Northern Dynasty Minerals Ltd. and Amarc Resources Ltd. -- are still associated with HDI today. Others that achieved mineral exploration and development success with HDI -- including Great Basin Gold Limited, Detour Gold Corporation, Rockwell Diamonds Inc. and Anooraq Resources Corporation -- are now independently managed. On January 5, 2011, Farallon Mining Ltd. was acquired by Nyrstar NV in an all cash transaction valued at C$409 million. Continental Minerals Corporation was acquired by the Jinchuan Mining Group in April 2011 in a transaction valued at C$432 million. HDI is structured as a private mining group that provides management and technical services to a diverse portfolio of high-quality and high-growth mineral companies and properties. HDI sources and acquires mineral assets with significant potential for value growth. Between 1985 and 2010, HDI companies raised more than $1.4 billion in equity financing, while providing consistently superior shareholder returns. The compounded annual growth rate for all HDI company investments over that timeframe exceeds 25%. An investment of $10,000 made in 1986 would be valued at $3,000,000 in 2010, a return of 30,000%. This far exceeds most mining industry peers and benchmark indices. HDI has the technical capabilities and management experience to consistently and rapidly advance mineral properties through exploration, development, permitting, construction and into stable and profitable mine operations. It possesses a fully integrated, multi-disciplinary team of mining professionals with global experience and a proven track record of mineral development success. HDI management and professional staff are known for their versatility, creativity and passion to find the best solution to every development challenge. HDI's unique strengths and capabilities are applied to identify, qualify and acquire mineral assets with significant potential for value growth. They are also applied to accelerate the development of every HDI company, and to monetize value in the best interests of development partners. HDI is characterized by the drive and commitment of its founders, senior management and multi-disciplinary team. It is known for its technical excellence, experience and reliability. And it is passionate about bringing Responsible Mineral Development to life in creative ways for the benefit of shareholders, partners and communities. HDI is associated with the following companies: Heatherdale Resources Ltd., Curis Resources Ltd., Northcliff Resources Ltd., Rathdowney Resources Ltd., Northern Dynasty Minerals Ltd., Amarc Resources Ltd., and Quartz Mountain Resources Ltd.
Views: 47037 HDI Mining
It's rare to see a country in this economic climate shift the tax goalposts in the right direction. Well that's what Russia plans to do to encourage investment in a boost to AIM's Amur Minerals LON:AMC,LON:BARC,LON:BLUR,LON:ENRC,LON:IMM,LON:LOQ,LON:OMI,LON:RBS,LON:RIO,LON:VED
Views: 184 Proactive Investors Stocktube
Xenetic Bioscience jumped after safety trials for its new multiple sclerosis drug went without a hitch LON:CEY,LON:CFU,LON:OMI,LON:RRR,LON:SHG,LON:WLFE,LON:XEN
Views: 239 Proactive Investors Stocktube
Atico Mining: Profitable Copper/Gold Mining In Columbia - Higher Production Planned. Interview With CEO Fernando Ganoza Get our free Newsletter (English) ►: http://eepurl.com/bScRBX Get our free Newsletter (German) ►: http://eepurl.com/08pAn Subscribe to our YouTube channel ►: https://www.youtube.com/user/ResourceCapitalAG?sub_confirmation=1 *Stay ahead of the investment-crowd* Commodity-TV and Rohstoff-TV offer you free interviews and company presentations across the Metals-, Mining- and Commodity sector.
Views: 2060 Swiss Resource Capital AG
Neil Ritson, CEO of Leni Gas and Oil (LON:LGO) talks to Proactiveinvestors about the sale of the company's Spanish asset and the opportunity LGO now has to concentrate on the development of it's 'overlooked' and 'undervalued' asset in Trinidad. Neil explains that oil production in Trinidad will provide the financing to drill new holes.
Views: 3015 Proactive Investors Stocktube
Polish state mining group JSW warns of 2013 loss on coal price slump State-controlled JSW , the biggest coking coal producer in the European Union, risks making an unexpected net loss in the third quarter and remaining in the red for the full year due to slumping coal prices. http://feeds.reuters.com/~r/reuters/businessNews/~3/DEttSLaD7EY/story01.htm http://www.wochit.com
Views: 53 Wochit Business