TORONTO, Feb. 5, 2015 /CNW/ - Scorpio Mining Corp. (TSX: SPM)(OTCQX: SMNPF) ("Scorpio Mining" or "the Company") today announced production and preliminary cash costs for the fourth quarter and full year ending December 31, 2014 and provided guidance for 2015 for its Cosalá Operations and Galena Complex. Please note: the merger with U.S. Silver [...]
Scorpio Mining and U.S. Silver & Gold are pleased to announce the completion of their previously announced merger of equals to combine their respective businesses by way of a plan of arrangement of U.S. Silver & Gold pursuant to section 182 of the Business Corporations Act (Ontario). The Transaction was approved at special meetings of the [...]
Scorpio Mining and U.S. Silver & Gold are pleased to announce that their respective shareholders have approved the previously announced plan of arrangement to complete a merger of equals that will combine their respective businesses. Shareholders of each company approved the Transaction at their respective special meetings of shareholders held [...]
Scorpio Mining and U.S. Silver & Gold are pleased to announce that both Institutional Shareholder Services and Glass Lewis & Co., two leading independent proxy advisory firms, have recommended that shareholders of Scorpio Mining and shareholders of U.S. Silver & Gold support the proposed plan of arrangement between the two companies at their [...]
Scorpio Mining today announced completion of a purchase option agreement for the Cosalá 2 Concession, in the Cosalá District of the State of Sinaloa, Mexico. The Company will be required to disburse limited yearly amounts over a period of up to 10 years following an initial payment of about US$13,000. All future annual payments will be contingent [...]
A conference call regarding the proposed merger between Scorpio Mining and U.S. Silver & Gold is scheduled for Monday, November 10, 2014 at 9:00 am ET. For further details relating to the proposed transaction, please refer to the following press release issued November 7, 2014. An investor presentation will be available on each company's website [...]
Scorpio Mining and U.S. Silver & Gold are pleased to announce that they have entered into a definitive agreement to complete a merger of equals that will combine their respective businesses to create a leading junior silver producer in the Americas. The combined company will continue under the name of Scorpio Mining and is positioned to have a [...]
Scorpio Mining reports its financial and operating results for the third quarter ended September 30, 2014. This press release should be read in conjunction with the Company's unaudited Financial Statements and Management's Discussion and Analysis for the third quarter ended September 30, 2014, available on the Company's website and on SEDAR. All [...]
Scorpio Mining today provided additional information concerning its ongoing review of the concessions boundaries of the Company's El Cajón mineral deposit, located in the Cosalá Norte District near Cosalá, Sinaloa. In particular, the Company today announces that the Dirección General de Regulación Minera, the Mexican government bureau responsible [...]
Scorpio Mining reports production from the Cosalá District Operations for the third quarter ended September 30, 2014. Q3 2014 throughput was 10.9% lower than Q2 2014, the latter having been an historic high for the operations. This lower throughput contributed to a decrease in silver equivalent production to 511,676 ounces. Nevertheless, Q3 2014 [...]
Scorpio Mining announced today that its board of directors has determined that it is not in the best interests of the Company to accept the offers of resignation submitted by three directors, Ewan Mason, Jonathan A. Berg and Bradley R. Kipp, who were elected at the Company's Annual and Special Meeting of Shareholders held on June 12, 2014. Each of [...]
Scorpio Mining Corporation reports its financial and operating results for the second quarter ended June 30, 2014. This press release should be read in conjunction with the Company's unaudited Financial Statements and Management's Discussion and Analysis for the second quarter ended June 30, 2014, available on the Company's website at and on SEDAR [...]