Minera Alamos Inc. (the “Company” or “Minera Alamos”) (TSX VENTURE:MAI) is pleased to announce it has hired Chris Sharpe P.Eng to be the Company’s VP Project Development effective September 1st, 2020. Mr. Sharpe is a mining engineer with extensive experience in mine planning, open pit geotechnical studies and financial modeling. Since February 2015, Mr. Sharpe had worked for Centerra Gold as a senior mining engineer and more recently as Director, Projects & Technical Services. Prior to his 5+ years with Centerra, Mr. Sharpe’s career spanned time with Aurvista Gold (VP Engineering), AuRico Gold (Sr Mining Engineer) and Cormark Securities (Research Associate).
Month: July 2020
Las 10 minas de oro más grandes de México
Las 10 minas de oro más grandes de México
A nivel mundial México es el 9° productor mundial de oro. Por encima de nuestro país se encuentran China, Australia, Rusia, Estados Unidos, Canadá, Indonesia, Perú y Ghana. Para 2019 la producción de oro en nuestro país fue de 74,622 kilogramos y tuvo un valor de 63,810 millones de pesos, de acuerdo con el Instituto Nacional de Estadística y Geografía (INEGI).
Fuente: https://mexicominero.org/
Azure Minerals.- QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 30 JUNE 2020
PROJECTS IN MEXICO
ALACRÁN (100% Azure: silver-gold-copper) & OPOSURA (100% Azure: zinc-lead- silver)
• Due to the serious COVID-19 pandemic situation in Mexico, restarting field work was delayed until early July with low-key and low-cost surface exploration now underway on the Alacrán project
• Work is focused on expanding the Mina San Simon silver and gold prospect and the
Gregors copper discovery in preparation for drilling later in the year
Coeur Reports Second Quarter 2020 Results
Chicago, Illinois – July 29, 2020 – Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported second quarter 2020 financial results, including revenue of $154.2 million, cash flow from operating activities of $9.9 million and GAAP net loss from continuing operations of $1.2 million, or $0.01 per share. On an adjusted basis1
, the Company reported EBITDA of $42.2 million, cash flow from operating activities
prior to changes in working capital of $16.4 million and net income from continuing operations of $2.6 million, or $0.01 per share.
Capstone Reports Strong Second Quarter 2020 Results – Growth on Schedule
Capstone Mining Q1 2020 Results NR
Vancouver, British Columbia – Capstone Mining Corp. (“Capstone”) (TSX: CS) announces its production and financial results for the three (“Q2 2020”) and six months ended June 30, 2020. Strong copper production totaled 38.5 million pounds of copper despite COVID-19 related production limitations at Cozamin, at consolidated C1 cash costs1 of $1.87 per payable pound produced, 9% lower than Q1 2020. Link HERE for Capstone’s Q2 2020 management’s discussion and analysis (“MD&A”) and financial statements and HERE for the Q2 webcast presentation.
Newmont Announces Solid Second Quarter 2020 Results
DENVER–(BUSINESS WIRE)– Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced second quarter 2020 results.
SECOND QUARTER 2020 HIGHLIGHTS
- Produced 1.3 million attributable ounces of gold* and reported CAS* of $748 per ounce and AISC* of $1,097 per ounce and produced 138 thousand attributable gold equivalent ounces from co-products
- Generated $668 million of cash from continuing operations and $388 million of Free Cash Flow* while safely managing the ramp up of operations in care and maintenance
- Reported $3.8 billion of consolidated cash with $6.7 billion of liquidity and a net debt to adjusted EBITDA* ratio of 0.6x
- Declared second quarter dividend of $0.25 per share
- Returned >$2.0 billion to shareholders through dividends and share buybacks since January 2019
Impact Silver Announces C$6.0 Million Brokered Private Placement Financing
IMPACT Silver Corp. (TSX-V: IPT) (OTC PINK: ISVLF) (FSE: IKL) (“IMPACT” or the “Company”) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., as lead agent and sole bookrunner (the “Lead Agent”), on its own behalf and, if applicable, on behalf of a syndicate of agents (together with the Lead Agent, the “Agents”) in connection with a best efforts, private placement of units of the Company (the “Units”) at a price of C$0.95 per Unit (the “Offering Price”) for gross proceeds of up to C$6,004,000 (the “Offering”).
Hecla Second Quarter 2020 Financial Results Conference Call and Webcast – Virtual Investor Event
COEUR D’ALENE, Idaho–(BUSINESS WIRE)– Hecla Mining Company (NYSE:HL) today announced it expects to release its second quarter 2020 financial results before market open on Thursday, August 6, 2020.
New Gold Reports Second Quarter Financial Results
New-Gold-Reports-Second-Quarter-Financial-Results-2020
TORONTO–(BUSINESS WIRE)– July 30, 2020 – New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) reports second quarter results for the Company as of June 30, 2020 as well as its updated operational outlook for 2020.
TELSON PROVIDES UPDATE ON FILING 2019 AUDITED AND Q1 2020 FINANCIAL STATEMENTS
Telson Mining Corporation (” Telson ” or the ” Company ” (TSX Venture Exchange-TSN, OTC Pink-SOHFF, Frankfurt-TSGN (formerly SQ82)) (TSXV:TSN) (OTC:SOHFF) is pleased to update shareholders on the filing of its audited financial statements, management discussion and analysis and related certifications in respect of its financial year ended December 31, 2019 today its Q1 financials for the period ended March 31, 2020. As disclosed in previous news releases, COVID-19 related issues within Mexico caused delays in access to the Company’s mine sites and slowed the flow of information required for the auditors to complete their reports. Currently, Telson expects to file the required annual and Q1 financials and MD&A by the July 30, 2020 deadline.