Thomas A. Doyle, President, CEO, stated “We are very pleased to have reached a surface access agreement on an area that was not previously available to the Company. The historical information has always maintained our interest for this area and I look forward to the Aloro geological team being able to confirm and work with that information as well as identifying new mineralised targets.”
“Over the past few years, we have focused our attention on maximizing production to capture margin during periods of higher commodity prices,” said Don Lindsay, President and CEO.
La Secretaría de Seguridad del estado informó que el accidente ocurrió en el lugar conocido como Las Juntas, en el municipio de Madero.
Vista’s President and CEO, Mr. Frederick H. Earnest commented, “Completing the 2019 PFS was a significant achievement in further advancing and de-risking Mt Todd. With average life-of-mine gold recoveries of 91.9%, NPV5% of $823 million, an IRR of 23.4% at a $1,350 per ounce gold price and a $0.70=A$1.00 exchange rate, and all major environmental approvals in place, we believe Mt Todd is a superior asset located in a Tier-1 mining jurisdiction…”
“With record performance at several of our operations and the ongoing ramp up of our two new mines in Nunavut, we achieved record quarterly gold production in the third quarter of 2019. As expected, this strong result, combined with the completion of the extensive construction spending program in Nunavut, resulted in the generation of substantial free cash flow in the quarter,” said Sean Boyd, Agnico Eagle’s Chief Executive Officer. “With the expectation of growing production and strong free cash flow generation, we are in a good position to continue to invest in our project pipeline, improve our financial flexibility and grow our dividend. We are pleased to announce a 40 percent increase in our quarterly dividend,” added Mr. Boyd.
The Company wishes to announce the resignation of Mr. Jim Voisin as President, Chief Executive Officer and director of the Company, as well as the resignations of Messrs. Gregg Roberts and Patrick Burns as directors of the board, effective immediately. The Company wishes to thank Messrs. Voisin, Roberts and Burns for their contribution to the Company and wishes them the best in their future endeavours.
Gold Resource Corporation is pleased to announce it has increased its instituted annual dividend from $0.02 per common share to $0.04 per common share.
Oroco Resource Corp. is pleased to announce that it will hold a Special General Meeting of its shareholders at 2:00 p.m. on Thursday, December 19, 2019, at 402 – 1166 Alberni Street, Vancouver, B.C., to consider and vote on a resolution to approve the Company’s option to acquire Altamura Copper Corp. and advance loans to Altamura as described in the Company’s news release of October 9, 2018. The Company will also hold its annual general meeting at that time.
The company is initially targeting a five to ten million tonne, shallow high grade Cu-Au resource localized along the strike length of the exposed skarn zone. Further work will examine the deeper potential of the mineralizing system including a potential Porphyry Cu-Au source for the shallow high-grade mineralization.
“We’ve had a longstanding relationship with NASA,” said Denise Johnson, group president of Caterpillar’s resource industries unit, which produces and markets mining and large construction products and accounted for $10 billion of Cat’s total $54.7 billion in sales and revenues in 2018.
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