Palladium – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) provided an update on its Brazil-based, 75-percent owned Serra Pelada gold-platinum-palladium mine, commenting that the mine is on track to begin production of 250 metric tons per day in Q3 2013.
Gold – Colossus Minerals (TSX:CSI,OTCQX:COLUF) announced changes to its management and Board: David Anthony is new President and COO, Luís Albano Tondo is new VP Operations and Country Manager for Brazil, John S.M. Turner and David Garofalo appointed to the Board.
Platinum – Colossus Minerals (TSX:CSI,OTCQX:COLUF) reported the status of development at Serra Pelada: critical milestones remain on schedule and an experienced team of professionals, both in the underground operations and overseeing surface construction, remain in place despite the management changes announced last week.
Platinum – Colossus Minerals (TSX:CSI,OTCQX:COLUF) has commenced its search for a new Chief Operating Officer to replace Mr. Lyle Pritchard, former Vice President, Operations, who is no longer with the Company.
Palladium – Colossus Minerals (TSX:CSI,OTCQX:COLUF) has commenced its search for a new Chief Operating Officer to replace Mr. Lyle Pritchard, former Vice President, Operations, who is no longer with the Company.
Gold – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) announced that assay results from ongoing surface and underground drilling programs on Serra Pelada returned better than expected widths and grades, and more high grade in the lower limb.
Gold – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) announced that John Frostiak,who has served on Colossus' Board since September 2007, will assume the role of Chairman from Ari Sussman.
Palladium – Mining Weekly reported Colossus Minerals (TSX:CSI) agreed to sell life-of-mine metals streams at its gold-platinum-palladium project to Sandstorm Minerals for a deposit of $75-million.
Platinum – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) entered into a US$75 million agreement with Sandstorm Gold Ltd. to sell refined precious metals in an amount equivalent to a portion of the life-of-mine payable platinum, palladium and gold produced from Colossus' Serra Pelada Project.
Gold – Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) announced Lyle Pritchard's appointment as Vice President for Operations, and provided updates on the Serra Pelada Gold-Platinum-Palladium Project.
Get our independent commentary on resource trends and companies delivered to your inbox.
