Resource News

Cyprium Mining (TSXV:CUG) has announced that it has signed an agreement with Chihuahua, Mexico-based mining contractor, Bergmann Mexico SA de CV with respect to mine development and other mining activities. Alain Lambert, chairman and CEO, said: We appointed Bergmann in February to carry-out the Potosi shaft #3 project which consisted in the rehabilitation and improvement …

Cyprium Mining (TSXV:CUG) has announced that it has signed an agreement with Chihuahua, Mexico-based mining contractor, Bergmann Mexico SA de CV with respect to mine development and other mining activities.
Alain Lambert, chairman and CEO, said:

We appointed Bergmann in February to carry-out the Potosi shaft #3 project which consisted in the rehabilitation and improvement of the extraction capability of the shaft as well as improvement of infrastructure, security and preparation of prospective mining areas at levels 2 to 4 of the mine. Not only did Bergmann complete the project on time and on budget but they also contributed several ideas which strengthened the original plan.” He added: “Bergmann has a deep and extensive knowledge of the Potosi mine as they were the contractor used by our joint venture partner when the mine was last in production a few years ago.

As quoted in the press release:

Under the supervision of Cyprium’s head geologist Mr. Roberto Banda, Bergmann will perform mining development services which will include pre-mining development activities, extraction of minerals in mine and mine development on a “cost plus” basis. As part of the agreement signed today, Bergmann will also be evaluating and making a recommendation on the possible rehabilitation of shaft #1in order to provide access to additional levels of the mine.

Click here to read the full press release.

 
 

MARKETS

Markets
TSX20383.77+39.70
TSXV575.64-5.68
DOW34347.03+152.97
S&P 5004026.12-1.14
NASD11226.36-58.96
ASX7259.50+17.70

COMMODITIES

Commodities
Gold1754.60+1.00
Silver21.61+0.03
Copper3.63+0.01
Palladium1856.61+10.62
Platinum984.00+3.00
Oil76.55-1.39
Heating Oil3.21-0.07
Natural Gas6.80-0.51

DOWNLOAD FREE REPORTS

×