David Wolfin
Expert Contributor
David Wolfin
President & CEO
Avino Silver & Gold Mines Ltd.
https://www.linkedin.com/in/david-wolfin-576608210/
https://www.avino.com
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Avino’s president and CEO says mining and family go hand in hand: you can’t have one without the other.
avino
News Article
Good faith negotiations with the Mexican Mining Union were key for ending a strike at the company’s mine in Durango.
avino silver
View from the Top
David Wolfin
President, Director and CEO
Avino Silver and Gold Mines Ltd
Avino will invest US$1.5 million on a drilling campaign targeting two high-grade veins with a great deal of potential.
David Wolfin
Insight
David Wolfin
President and CEO
Avino Silver & Gold Mines
Mexico’s mineral resource is widely untapped but the right investment incentives could open the floodgates to local investors and greater development
David Wolfin
View from the Top
David Wolfin
President and CEO
Avino Silver & Gold Mines
Avino Silver & Gold Mines operates two silver mines in Mexico with a gold project under development in British Columbia.
Analysis Cyberattacks
Analysis
Cybersecurity is a growing concern among miners as machines and devices increasingly communicate with each other.
rob-mcewen
Roundtable
Rob Mcewen
Chief Founder
McEwen Mining

Our approach is opportunistic. We like to buy assets that are unloved by the market. While a distress asset purchase will guarantee more work, the low purchase price limits the downside price and offer good upside potential. For example, our recently acquired Black Fox complex was originally purchased by Primero Mining in 2014 for US$300 million along with the assumption of US$140 million in liabilities. Then they invested US$120 million bringing their total investment to US$560 million. We bought it for US$35 million, which was equivalent to paying 6 cents for every dollar they invested. It came with over 1 million ounces in resources, annual production of 40-50,000 ounces of gold however with a short mine life, an operating mill with excess capacity, numerous exploration targets and a US$190 million-dollar tax pool, which means we can shelter US$190 million of future profits.

Mexico Mining Review asked those that came out swinging after the downturn what they look for in their ideal mining project.
David Wolfin
View from the Top
David Wolfin
President and CEO
Avino Silver and Gold Mines
Avino’s exploration budget for 2016 is about US$1 million, and the company is hoping to double or triple it next year
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