Friday, July 28, 2023

New #InvestingIdeas in #Technology (OTCQX: $SILXY) (CSE: $ARWY.C) (OTCQB: $INXDF) (OTCQX: $BTQQF) (TSX: $GIVX.TO)

New #InvestingIdeas in #Technology (OTCQX: $SILXY) (CSE: $ARWY.C) (OTCQB: $INXDF) (OTCQX: $BTQQF) (TSX: $GIVX.TO)

 



 

 

Vancouver, Kelowna, Delta, BC - July 28, 2023 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Technology. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2023/main/07281Stocks.asp

 

The newest tech companies are involved in laser tech, augmented reality/artificial intelligence (AR/AI), crypto/blockchain, cyber/network security and cloud/fintech, respectively.

 

New Stocks Added to the Technology Directories:

Silex Systems Ltd. (OTCQX: SILXYASX: SLX) is a technology commercialisation company whose primary asset is the SILEX laser enrichment technology, originally developed at the Company’s technology facility in Sydney, Australia. The SILEX technology has been under development for uranium enrichment jointly with US-based exclusive licensee Global Laser Enrichment LLC (GLE) for a number of years. Success of the SILEX uranium enrichment technology development program and the proposed Paducah commercial project remain subject to a number of factors including the satisfactory completion of the engineering scale-up program and nuclear fuel market conditions and therefore remains subject to associated risks. Silex is also at various stages of development of additional commercial applications of the SILEX technology, including the production of ‘Zero-Spin Silicon’ for the emerging technology of silicon-based quantum computing. The ‘Zero-Spin Silicon’ project remains dependent on the outcomes of the project and the viability of silicon quantum computing and is therefore subject to various risks. The commercial future of the SILEX technology in application to uranium, silicon, medical and other isotopes is therefore uncertain and any plans for commercial deployment are speculative. Additionally, Silex has an interest in a unique semiconductor technology known as ‘cREO®’ through its 100% ownership of subsidiary Translucent Inc. The cREO® technology developed by Translucent has been acquired by IQE Plc based in the UK. IQE has paused the development of the cREO® technology until a commercial opportunity arises. The future of IQE’s development program for cREO® is very uncertain and remains subject to various technology and market risks.

 

ARway.ai (CSE:ARWY) (OTC:ARWYF) is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces. ARway's breakthrough no-code no-beacon IPNN allows for the easy creation of navigation, tours, information sharing, notifications, advertising and gamification. ARway works seamlessly as a cross platform solution on iOS/ Android. ARway's technology is optimized for both mobile devices and AR glasses: Apple's Vision Pro, Magic Leap and Microsoft's HoloLens. ARway has unlimited use cases for augmenting physical spaces, making it a valuable tool for creators, brands and companies in various industries. The complete ARway platform includes: the Web Creator Studio, the ARwayKit Software Development Kit (SDK) and a mobile app for iOS and Android.

 

The INX Digital Company, Inc. (OTCQB: INXDFNEO: INXD) provides regulated trading platforms for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and a disciplined regulatory approach.

 

BTQ Technologies Corp. (OTCQX: BTQQFNEO: BTQ) was founded by a group of post-quantum cryptographers with an interest in addressing the urgent security threat posed by large-scale universal quantum computers. With the support of leading research institutes and universities, BTQ is combining software and hardware to safeguard critical networks using unique post-quantum services and solutions.

 

Givex Corp. (OTCQX: GIVXFTSX: GIVX) The world is changing. Givex is ready. Since 1999, Givex has provided technology solutions that unleash the full potential of engagement, creating and cultivating powerful connections that unite brands and customers. With a global footprint of 122,000+ active locations across more than 100 countries, Givex unleashes strategic insights, empowering brands through reliable technology and exceptional support. Givex's integrated end-to-end management solution provides Gift Cards, GivexPOS, Loyalty Programs and more, creating growth opportunities for businesses of all sizes and industries

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#PreciousMetal #Stocks (OTC: AABB) (NYSE: AG) (NYSE: GATO) (NYSEAmerican: ASM) Going for the #Gold and #Silver in #Mexico @AsiaBroadband @FMSilverCorp @Avino_ASM @GatosSilver

#PreciousMetal #Stocks (OTC: AABB) (NYSE: AG) (NYSE: GATO) (NYSEAmerican: ASM) Going for the #Gold and #Silver in #Mexico  @AsiaBroadband @FMSilverCorp @Avino_ASM @GatosSilver

 

Vancouver, Kelowna, Delta, BC – July 28, 2023  - Investorideas.com, a leading investor news resource covering precious metal and mining stocks releases a special news report featuring Asia Broadband Inc. (OTC: AABB) on precious metals stocks operating in Mexico.

 

Read this article, featuring AABB in full at https://www.investorideas.com/news/2023/mining/07281Precious-Metal-Stocks-Mexico.asp

 

The global precious and base metals market is estimated to reach over USD 2300.88 billion by 2031, exhibiting a CAGR of 12.21% during the forecast period.

 

Mexico is the largest producer of silver in the world and a top global producer of gold, copper and zinc, amongst other minerals.

 

Asia Broadband Inc. (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets, just announced  the beginning of the installation of a mineral testing lab on-site for gold & silver ore stockpile processing in Mexico. Their new facility will reduce costs and supply rapid mineral results reports.

 

From the news: The 4.94 hectare processing plant land parcel, that includes a water concession, is located approximately 5.8 miles from the ore stockpile in Etzatlan, Mexico, and 48 miles from the AABB Buenavista mining warehouse. The new facility build-out is budgeted for a $3 million cost and is initially planned to have a 200 ton per day (tpd) processing capacity. At this first level of processing, the mill is estimated to generate over $11 million in revenue annually. However, the Company will also be accelerating a mill expansion installation to increase the processing capacity 5 fold to 1,000 tpd, once the initial processing level of the mill is consistently at capacity.

 

“With our own mineral testing lab on the facility site, we will have the ability to choose the highest mineral concentration ore for processing to achieve the greatest value throughput and maximum revenues. Essentially, the lab will let us cherry-pick the highest grade ore in the stockpile to process first. This is a major advantage to us in many ways and we are ecstatic about it,” stated Chris Torres, AABB President and CEO.

 

Last month the company also announced preliminary mineral resource estimates of gold and silver values contained in the initial technical report exceed $10 million at the current spot precious metal prices, prior to the Company’s ongoing work programs.

 

The company announced in May that it has been diligently exploring new gold property acquisitions with high-grade production potential in several regions of Mexico. The AABB mining group has conducted numerous site visits to the top rated acquisition target properties and is currently in the due diligence process of assessments and evaluations in preparation for final purchase negotiations. The acquisition team is exclusively focused on properties with the highest potential for rapid expansion, high-grade production and low-cost operations that will maximize gross profit contributions. The Company’s overall strategic capital expansion initiative is to increase gold production and physical gold holdings to accelerate the growth of the digital assets division.

 

According to the company, when differentiating from other miners in Mexico,”The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders.”

 

 

First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV), a mining company with lead assets in Mexico, just announced that total production in the second quarter of 2023 reached 6.3 million silver equivalent ("AgEq") ounces, consisting of 2.6 million silver ounces and 45,022 gold ounces. Approximately 94% of total production, or 6.0 million AgEq ounces, was produced from the Company's three Mexican operations, the San Dimas, Santa Elena and La Encantada mines. The Company's fourth operation, the Jerritt Canyon mine in Nevada, USA, processed most of its remaining ore stockpiles and work in process ("WIP") inventory throughout April and May and produced 4,364 ounces of gold during its partial quarter.

 

From the news: In the first half of 2023, the Company produced 5.2 million silver ounces and 105,616 gold ounces, or approximately 14.0 million AgEq ounces. In the second half of 2023, the Company is expecting to produce between 5.3 to 5.9 million silver ounces and 86,000 to 95,000 gold ounces, or approximately 12.4 to 13.8 million AgEq ounces, at an all-in sustaining cost ("AISC") range of $17.69 to $18.92 per AqEq ounce.

 

From the news: As of April 24, 2023, all activities at the Jerritt Canyon processing plant were discontinued following the Company's previously announced temporary suspension of mining operations on March 20, 2023.

 

In other mining in Mexico news, Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) reported on July 20th it had achieved production results of 587,317 silver equivalent ounces, bringing the 12-month trailing total to 2.8 million silver equivalent ounces from the Avino Mine.

 

From the news: "The Avino Mine continued to provide stable production results in the second quarter of 2023, albeit impacted by mining in lower grade areas and certain mill equipment delivery delays, which are now behind us," said David Wolfin, President and CEO of Avino. "These challenges provided us with the opportunity to implement upgrades to the haulage ramp that has since allowed us to exceed original underground maximum haulage rates. With these upgrades, we expect production to catch up to our internal guidance in the second half of the year. On the exploration side, we are thrilled with the outstanding drill results from below Level 17 released earlier this month which further demonstrates that the Avino Mine continues to get better as we explore at depth. Finally, we remain focused on the execution of our 5-year growth plan."

 

Avino currently controls mineral resources, as per NI 43-101, that total 368 million silver equivalent ounces, within our district-scale land package. 

 

Gatos Silver, Inc. (NYSE: GATO) (TSX: GATO), a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico, on July 18th provided a Q2 2023 update on the drilling and exploration programs in the Los Gatos district (“LGD”) in Mexico, including details of additional intercepts of high grade mineralization in the South-East Deeps (“SE Deeps”) zone of its 70%-owned Cerro Los Gatos (“CLG”) mine that could provide new mineral resources and reserves to extend the mine life.

 

“Our continued drilling success shows why we are so excited about the future for this district,” said Dale Andres, CEO of Gatos Silver. “Our next mineral resource and reserve update is nearing completion and will be a first step in extending the mine life and showing the potential scale of SE Deeps. With six surface drill rigs primarily focused on defining the SE Deeps, we are continuing to intercept strong widths and grades of silver, zinc, lead, gold and copper as we infill that zone. In addition, the foundational work we are doing this year with our greenfields program is deepening our understanding of the district and enabling us to sharpen our focus on priority areas where we might find the next CLG.”

 

“Mexico, being the top global producer of silver, has attracted both majors and juniors the world over in hopes of new discoveries” says  Resource World, in spite of some of the new mining regulations and hurdles miners may face there. 

 

So for investors looking for the gold, there is always a ‘silver lining’ in Mexico if they look for it.

 

Visit the mining and metals stocks free directory at Investorideas.com

https://www.investorideas.com/Gold_Stocks/Stocks_List.asp

 

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Disclaimer/Disclosure: Our site does not make recommendations for purchases or sale of stocks, services or products.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring AABB is a paid for news release by third party on Investorideas.com - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Mining Sector Stocks- investing ideas in mining stocks

Like Mining Stocks? View our Mining Stocks Directory  Get News Alerts on Mining Stocks

 

 

Thursday, July 27, 2023

The #AIEye #Podcast: Watching #AI Breaking News (NYSE: $NOW) (NasdaqGS: $NVDA) (NYSE: $ACN) (NasdaqGS: $AMZN) #artificialintelligence



 

 

The #AIEye #Podcast: Watching #AI Breaking News (NYSE: $NOW) (NasdaqGS: $NVDA) (NYSE: $ACN) (NasdaqGS: $AMZN) #artificialintelligence

 

ServiceNow, NVIDIA, and Accenture Team Up to Launch AI Lighthouse, and AWS Announces AI-Powered HealthScribe Service

 

Global #AIMarket to Reach $1.34T by 2030

 

Vancouver, Kelowna, Delta, BC – July 27, 2023  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) stocks and industry news brings you today’s edition of The AI Eye Podcast; watching AI breaking news .

 

Today’s  podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2023/072723-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/07271NOW-NVDA-ACN-AMZN.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (NYSE:NOW) (NasdaqGS:NVDA) (NYSE:ACN) (NasdaqGS:AMZN)

 

ServiceNow, Inc. (NYSE:NOW), NVIDIA Corporation (NasdaqGS:NVDA), and Accenture (NYSE:ACN) have joined forces to launch AI Lighthouse, described as “a first-of-its-kind program designed to fast-track the development and adoption of enterprise generative AI capabilities.” AI Lighthouse brings together ServiceNow’s enterprise automation platform and engine, NVIDIA’s AI supercomputing and software, and Accenture’s AI transformation services to help customers to design, develop, and implement “custom generative AI large language models (LLMs) and applications to advance their businesses.” Julie Sweet, chair and CEO, Accenture, said:

 

"Generative AI holds enormous potential for enterprises—it can help them reinvent how they work, strengthen their services, differentiate themselves and reach new levels of performance. Our expanded partnership with ServiceNow and NVIDIA will apply our combined experience, expertise and insights to helping our clients create powerful, relevant and responsible generative AI use cases and more quickly realize the value of this transformative technology."

 

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has announced AWS HealthScribe at AWS Summit New York today. AWS HealthScribe is described in the press release as a “service that empowers healthcare software providers to build clinical applications that use speech recognition and generative AI to save clinicians time by generating clinical documentation.” Bratin Saha, vice president of Machine Learning and Artificial Intelligence Services at AWS, commented:

 

"Our healthcare customers and partners tell us they want to spend more time creating innovative clinical care and research solutions for their patients while spending less time building, maintaining, and operating foundational health data capabilities. That is why AWS has invested in building a portfolio of AI-powered, high-performance, and population-scale health applications so that clinicians can spend more time with the patients during the face-to-face or telehealth visits."

 

 

Global AI Market to Reach $1.34T by 2030

 

Research published by ReportLinker finds that the global market for Artificial Intelligence is projected to grow from $150.2 billion USD in 2023 to $1.34 trillion by 2030, registering a compound annual growth rate (CAGR) of 36.8 percent in the forecast period. The following excerpt from the report’s summary outlines some of the various applications of AI that are driving the market’s growth:

 

Businesses harness the power of artificial intelligence (AI) to streamline job processes and aggregate business data effectively. Artificial Intelligence utilizes extensive data to recognize patterns in users’ search behaviors, providing them with more pertinent information based on their specific circumstances. With the continuous advancement of AI technology and the growing usage of devices, users can anticipate an increasingly personalized and customizable experience.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

Podcast sponsor


AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

 

Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

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Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Get more Technology stock investor ideas - news, articles, podcasts and stock directories

#PreciousMetal #Stocks #Mining in #Mexico (OTC: $AABB) (NYSE: $AG) (NYSE: $GATO) (NYSEAmerican: $ASM) @AsiaBroadband @FMSilverCorp @Avino_ASM @GatosSilver

#PreciousMetal #Stocks #Mining in #Mexico (OTC: $AABB) (NYSE: $AG) (NYSE: $GATO) (NYSEAmerican: $ASM) @AsiaBroadband @FMSilverCorp @Avino_ASM @GatosSilver

 

How to stand out from the Rest

 


Vancouver, Kelowna, Delta, BC – July 27, 2023  - Investorideas.com, a leading investor news resource covering precious metal and mining stocks releases a special news report featuring Asia Broadband Inc. (OTC: AABBon precious metals stocks operating in Mexico.

 

Read this article, featuring AABB in full at https://www.investorideas.com/news/2023/mining/07271Precious-Metal-Mexico.asp

 

The global precious and base metals market is estimated to reach over USD 2300.88 billion by 2031, exhibiting a CAGR of 12.21% during the forecast period.

 

Mexico is the largest producer of silver in the world and a top global producer of gold, copper and zinc, amongst other minerals.

 

Asia Broadband Inc. (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets, just announced  the beginning of the installation of a mineral testing lab on-site for gold & silver ore stockpile processing in Mexico. Their new facility will reduce costs and supply rapid mineral results reports.

 

From the news: The 4.94 hectare processing plant land parcel, that includes a water concession, is located approximately 5.8 miles from the ore stockpile in Etzatlan, Mexico, and 48 miles from the AABB Buenavista mining warehouse. The new facility build-out is budgeted for a $3 million cost and is initially planned to have a 200 ton per day (tpd) processing capacity. At this first level of processing, the mill is estimated to generate over $11 million in revenue annually. However, the Company will also be accelerating a mill expansion installation to increase the processing capacity 5 fold to 1,000 tpd, once the initial processing level of the mill is consistently at capacity.

 

“With our own mineral testing lab on the facility site, we will have the ability to choose the highest mineral concentration ore for processing to achieve the greatest value throughput and maximum revenues. Essentially, the lab will let us cherry-pick the highest grade ore in the stockpile to process first. This is a major advantage to us in many ways and we are ecstatic about it,” stated Chris Torres, AABB President and CEO.

 

Last month the company also announced preliminary mineral resource estimates of gold and silver values contained in the initial technical report exceed $10 million at the current spot precious metal prices, prior to the Company’s ongoing work programs.

 

The company announced in May that it has been diligently exploring new gold property acquisitions with high-grade production potential in several regions of Mexico. The AABB mining group has conducted numerous site visits to the top rated acquisition target properties and is currently in the due diligence process of assessments and evaluations in preparation for final purchase negotiations. The acquisition team is exclusively focused on properties with the highest potential for rapid expansion, high-grade production and low-cost operations that will maximize gross profit contributions. The Company’s overall strategic capital expansion initiative is to increase gold production and physical gold holdings to accelerate the growth of the digital assets division.

 

According to the company, when differentiating from other miners in Mexico,”The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders.”

 

 

First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (FSE: FMV), a mining company with lead assets in Mexico, just announced that total production in the second quarter of 2023 reached 6.3 million silver equivalent ("AgEq") ounces, consisting of 2.6 million silver ounces and 45,022 gold ounces. Approximately 94% of total production, or 6.0 million AgEq ounces, was produced from the Company's three Mexican operations, the San Dimas, Santa Elena and La Encantada mines. The Company's fourth operation, the Jerritt Canyon mine in Nevada, USA, processed most of its remaining ore stockpiles and work in process ("WIP") inventory throughout April and May and produced 4,364 ounces of gold during its partial quarter.

 

From the news: In the first half of 2023, the Company produced 5.2 million silver ounces and 105,616 gold ounces, or approximately 14.0 million AgEq ounces. In the second half of 2023, the Company is expecting to produce between 5.3 to 5.9 million silver ounces and 86,000 to 95,000 gold ounces, or approximately 12.4 to 13.8 million AgEq ounces, at an all-in sustaining cost ("AISC") range of $17.69 to $18.92 per AqEq ounce.

 

From the news: As of April 24, 2023, all activities at the Jerritt Canyon processing plant were discontinued following the Company's previously announced temporary suspension of mining operations on March 20, 2023.

 

In other mining in Mexico news, Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) reported on July 20th it had achieved production results of 587,317 silver equivalent ounces, bringing the 12-month trailing total to 2.8 million silver equivalent ounces from the Avino Mine.

 

From the news: "The Avino Mine continued to provide stable production results in the second quarter of 2023, albeit impacted by mining in lower grade areas and certain mill equipment delivery delays, which are now behind us," said David Wolfin, President and CEO of Avino. "These challenges provided us with the opportunity to implement upgrades to the haulage ramp that has since allowed us to exceed original underground maximum haulage rates. With these upgrades, we expect production to catch up to our internal guidance in the second half of the year. On the exploration side, we are thrilled with the outstanding drill results from below Level 17 released earlier this month which further demonstrates that the Avino Mine continues to get better as we explore at depth. Finally, we remain focused on the execution of our 5-year growth plan."

 

Avino currently controls mineral resources, as per NI 43-101, that total 368 million silver equivalent ounces, within our district-scale land package. 

 

Gatos Silver, Inc. (NYSE: GATO) (TSX: GATO), a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico, on July 18th provided a Q2 2023 update on the drilling and exploration programs in the Los Gatos district (“LGD”) in Mexico, including details of additional intercepts of high grade mineralization in the South-East Deeps (“SE Deeps”) zone of its 70%-owned Cerro Los Gatos (“CLG”) mine that could provide new mineral resources and reserves to extend the mine life.

 

“Our continued drilling success shows why we are so excited about the future for this district,” said Dale Andres, CEO of Gatos Silver. “Our next mineral resource and reserve update is nearing completion and will be a first step in extending the mine life and showing the potential scale of SE Deeps. With six surface drill rigs primarily focused on defining the SE Deeps, we are continuing to intercept strong widths and grades of silver, zinc, lead, gold and copper as we infill that zone. In addition, the foundational work we are doing this year with our greenfields program is deepening our understanding of the district and enabling us to sharpen our focus on priority areas where we might find the next CLG.”

 

“Mexico, being the top global producer of silver, has attracted both majors and juniors the world over in hopes of new discoveries” says  Resource World, in spite of some of the new mining regulations and hurdles miners may face there. 

 

So for investors looking for the gold, there is always a ‘silver lining’ in Mexico if they look for it.

 

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