Minera Alamos (TSX.V: MAI)
Updated the market for the fourth quarter 2022, and the news was not as good as expected.
Minera have been plagued with a lack of water issue preventing normal operation at Sentana. This caused a big miss on guidance. The company reamins well funded. Continue reading
Mining Review 22nd January 2023
Copper is up as once again supply concerns emerge as more protests erupt in Peru, constraining production in the second largest exporting country.
Ascot Resources, Calidus Resources, Impact Minerals, Minera Alamos, Orla Mining, and TriStar Gold made news this week.
Minera Alamos (TSX.V: MAI)
Filed the results of the independent preliminary economic assessment (PEA) titled “NI43-101 Technical Report, Preliminary Economic Assessment and Mineral Resource Estimate for the Cerro de Oro Gold Project, Zacatecas, Mexico” on SEDAR. Continue reading
City Investors Circle
The first few days of the new year have started well for precious metals, with gold and silver up and trading strongly.
Some of our watchlist stocks have had a good first week, with i-80 Gold, Karora Resources, Minera Alamos, and Orla Mining all rising strongly. Continue reading
Mines and Money Day 2
A much quieter day attendance wise, so easier to get occasional random chats.
I met a diverse group of companies at the show, including a couple I hold, mainly Minera Alamos, and Eloro, plus a few I have been considering investing in, namely Barton Gold, and Skeena. Continue reading
Mining Review 9th October 2022
A better week for gold despite US bond yields still going up, and the yield curve remains inverted, although it slimmed down a tad.
Argosy Minerals, Cabral Gold, Lefroy Exploration, and Minera Alamos all made positive news releases this week. Continue reading
Minera Alamos (TSX.V: MAI)
Announced the positive results of an independent Preliminary Economic Assessment for its Cerro de Oro Project in Zacatecas, Mexico.
Production highlights include an average annual gold production approaching 60,000 oz to 70,000 oz in Years 1 through 4, a low strip ratio, and capex of only $28 million. Continue reading
Minera Alamos (TSX.V: MAI)
Provided an update on the continuing progress at the Company’s Santana gold mine as well as a financial update for the Quarter ending June 30th, 2022.
In addition, the company confirmed that July gold recovery was approximately 2,275 oz, almost twice that of any previous month this year. Continue reading
Minera Alamos (TSX.V: MAI)
Announced that it proposes to complete a non-brokered private placement of 7,950,000 common shares of the Company at a price of $0.55 per Share, for gross proceeds of $4,372,500.
The proceeds from the Offering will be used to advance the Cerro de Oro gold project. […] Continue reading
Minera Alamos Inc. (TSX.V: MAI)
Announced that it is in receipt of surface rights agreements for its Cerro De Oro gold project in northern Zacatecas, Mexico.
The agreements, finalized at meetings held last week will allow the Company to finish remaining activities necessary for the Permit Application submission for the project. […] Continue reading
City Investors Circle – Market Review 31st May 2022
The Review features a focus on Minera Alamos (MAI.V), and comments on poor Q1 financials from Karora Resources, and the reasons for them.
We also raise the question “where is safe to invest in order to protect your capital in these volatile markets?, and offer a few suggestions. […] Continue reading
Mining Review Sunday Update 17th April 2022
Another good week for gold and other precious metals as US interest rates are looking like having a .5% hike soon. Sadly the other reason is the continuing war in Ukraine.
Companies are releasing drill results from early campaigns, including Cabral Gold and Westhaven Gold. Minera Alamos continues its mine startup at Santana, Mexico.
Minera Alamos (TSX.V: MAI)
Provided an update on the continuing progress at the Company’s Santana gold mine during the first quarter of 2022.
Following a year-end shutdown to analyze data obtained from the first phase of the operation’s start-up (see HERE) full mining activities resumed later in January 2022. […] Continue reading
Minera Alamos Inc. (TSX.V: MAI)
Provided a 2021 year-end summary of the ramp-up of mining activities at the Santana gold mine in Sonora, Mexico.
Through the end of 2021 approximately 9,100 ounces of gold were mined and stacked on the leach pad during the first phase of the project mining activities. Continue reading
Minera Alamos (TSX.V: MAI)
Osisko Development Corp. (TSX.V: ODV) announced that it has disposed of a total of 34,290,000 common shares Minera Alamos Inc. at a price ranging from $0.50 to $0.57 per common pursuant to market dispositions performed from October 25, 2021 to December 29, 2021 for gross proceeds of $18,532,170.
Following this, ODV now owns, 41,790,000 common shares of Minera Alamos representing approximately 9.4% […] Continue reading
Minera Alamos (TSX.V: MAI)
The Minera Alamos price has been weak recently, (not helped by the lower gold price obviously), but with such positive news of the first gold pour being announced, it did seem oversold.
It has now been revealed that Osisko Gold Royalty have sold some 14 million shares between the 11th and 13th November. Continue reading
Minera Alamos Inc. (TSX.V: MAI)
Reported that it has made an initial delivery of gold doré from its Santana gold project in Sonora, Mexico.
The gold was recovered from early material stacked on the Santana heap leach pad and intended to commission the Company’s carbon recovery plant and associated solution pumping systems, in advance of ramping up daily mining operations. Continue reading
