Day: December 13, 2019

Newmont’s Peñasquito Mine and Cedros Community in Mexico Agree to Water Pact

“Our water agreement with the Cedros community represents a meaningful turning point towards a long-term partnership anchored in our common purpose to create value and improve lives,” said Tom Palmer, President and Chief Executive Officer. “Having reached agreement on this pivotal issue, we look forward to continuing our good-faith dialogue to resolve the remaining issues so we can move from confrontation to cooperation.”

GoGold Announces Annual Net Income of $8.1M USD for September 30, 2019

“The Company is in a strong financial position with Parral operating at record levels, and the drilling results to date at Los Ricos looking exceptional. During the year, we were able to generate a significant gain on the sale of the Santa Gertrudis royalty, which combined with the gain on the marketable securities we took as consideration for that sale, generated $15 million in income, in addition to the $53 million realized last year on the sale of Santa Gertrudis. Our team continues to demonstrate our ability to generate value for shareholders from exploration projects”, Brad Langille, President and CEO stated.

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