Latest news with #LucaMining
Globe and Mail
30-06-2025
- Business
- Globe and Mail
Roberto Resources Strengthens its Board of Directors With the Appointment of Ramon Mendoza
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2025) - ROBERTO RESOURCES INC. (CSE: RBTO) ("Roberto" or "the Company") is pleased to announce the appointment of Mr. Ramon Mendoza to its board of directors, effective immediately. Mr. Mendoza has over 35 years of senior experience in the mining industry with expertise in mine development, mine process improvements, and a highly successful track record of managing both underground and open-pit operations. He specializes in advanced optimization techniques, integrating mine designs, planning, cost modeling tools, and geo-sciences into the mine and processing plans. Mr. Mendoza is currently Chief Operating Officer for Luca Mining Corp. (TSXV: LUCA). Prior to Luca Mining, he held senior roles with First Majestic Silver (NYSE: AG) (TSX: AG) and Entech Mining. "Ramon is an experienced mining professional with extensive expertise in Latin America, particularly in Mexico," stated Todd Anthony, President and CEO of Roberto. "We are very fortunate to have Ramon join our board and I am eager to collaborate with him as we execute our corporate initiatives." The Company also announces that Jake Garland will be stepping down as a director to pursue other opportunities. The Company wishes to thank Mr. Garland for his contributions since its inception. About Roberto Resources Inc. Roberto is engaged in the acquisition and exploration of its Janampalla Property, which is comprised of three exploration concessions for total area of 2,800 hectares and is located in the Huancavalica Province of Central Perú. Roberto currently holds an option to acquire a one hundred percent (100%) interest in the Janampalla Property. Roberto is focused on continuing exploration work that has indicated widespread, high-grade copper-gold mineralization hosted within Manto style veins and disseminations. For more information please contact: Todd Anthony President & CEO T: 604-416-1719 Email: todd@ This news release includes certain statements that may be deemed "forward-looking statements," including statements respecting the services to be provided by Roberto. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although Roberto believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Roberto can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in Roberto's disclosure documents which can be found under Roberto's profile on
Yahoo
24-04-2025
- Business
- Yahoo
Luca Mining Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Revenue: CA$80.6m (up 18% from FY 2023). Net loss: CA$10.4m (loss narrowed by 31% from FY 2023). CA$0.06 loss per share (improved from CA$0.14 loss in FY 2023). Our free stock report includes 1 warning sign investors should be aware of before investing in Luca Mining. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates. Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Metals and Mining industry in Canada. Performance of the Canadian Metals and Mining industry. The company's shares are down 5.6% from a week ago. You should learn about the 1 warning sign we've spotted with Luca Mining. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
01-04-2025
- Business
- Yahoo
Luca Mining begins commercial production at Tahuehueto mine in Mexico
Canadian mining company Luca Mining has started commercial production at its Tahuehueto gold-silver mine in Durango, Mexico. The company has achieved a consistent throughput rate of more than 800 tonnes per day (tpd) at the project. The construction of the Tahuehueto mine was completed in July 2024. For 2025, Luca Mining anticipates producing between 85,000 and 100,000 gold equivalent ounces, with payable ounces expected to range from 65,000 to 80,000. Luca Mining president Ramon Perez said: "This milestone marks a significant step in the mine's development, reflecting the operational team's dedication and the effectiveness of recent optimisation efforts." The company projects generating free cash flow before working capital adjustments of $30–40m. In 2025, the company will invest $27.4m (C$39.44m) in its projects, allocating $23.5m to sustaining capital and $3.9m to exploration across its two operating mines, funded by operational cash flow. In Tahuehueto, infrastructure enhancements including the construction of a spare parts warehouse are being prioritised to improve operational resilience. The processing plant, with an installed capacity of 1,000tpd and production rates of up to 1,200tpd, currently operates at 82% availability, with plans to increase this to 85–90%. In Tahuehueto, $10.5m is planned for capital expenditures, with $6.5m for mine workings and $2.6m for a 5km drilling exploration programme aimed at resource expansion and mine life extension. Efforts are also ongoing to increase throughput to above 2,000tpd by the end of 2025 at the company's other mine, Campo Morado, with a focus on improving metal recoveries and grade consistency. Campo Morado is an underground operation in Guerrero State, producing copper-zinc-lead concentrates with precious metals credits. The development of a third copper concentrate is expected to improve the payability of precious metals. A minimum 5km exploration programme is planned to expand mineral resources and continue production for the long term. At Campo Morado, $13m is allocated to capital projects, including $10m for the development of mine workings. A 5km, $1.3m drilling exploration programme is set to increase high-grade resources and evaluate regional targets. "Luca Mining begins commercial production at Tahuehueto mine in Mexico" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
