Torex Gold Resources Inc. announces that three of its founding Directors – Andrew Adams, Michael Murphy (co-founder), and Fred Stanford – will not stand for reelection at the Company’s annual shareholder meeting.
Fresnillo plc announces that Mr Alberto Baillères (89) is stepping down as Chairman of Fresnillo plc and will be leaving the Board of Directors of the Company with immediate effect. The Board has invited Mr. Alberto Baillères to become Honorary President of Fresnillo plc in recognition of his enormous contribution in creating Fresnillo plc as a major mining company and a constituent of the FTSE-100 Index.
Newmont Corporation announced strong shareholder endorsement for all proposals presented for vote at the Annual General Meeting with more than 90 percent voting support for each measure, including say-on-pay, as well as appointed Gregory H. Boyce to the role of Independent Chair of the Board of Directors.
Capstone Mining Corp. announced the voting results from its 2021 Annual General and Special Meeting held April 28, 2021 in Vancouver, British Columbia.
Allen Palmiere, President and CEO, said “Our operations team continues to demonstrate their ability to be nimble and disciplined operators all while focusing on excellent environmental, social and governance practices. For the seventh consecutive year, the Don David Gold Mine earned the prestigious Empresa Socialmente Responsable award from the Mexican Center for Philanthropy.”
“We had a strong start to 2021 with gold production exceeding guidance for the quarter. Our Canadian operations performed particularly well, with Young-Davidson ramping up to record mining rates and yet another quarterly production record at Island Gold,” said John A. McCluskey, President and Chief Executive Officer.
“Our first quarter results were in-line with our expectations driven by strong gold production performance across our portfolio of assets, which led to double digit year-over-year increases in quarterly revenue, adjusted EBITDA and operating cash flow before changes in working capital,” said Mitchell J. Krebs, President and Chief Executive Officer.
Equinox Gold Corp. is pleased to announce that the Company has completed its previously announced sale of ten million shares of Solaris Resources Inc. (TSX: SLS), for gross proceeds to the Company of C$82.5 million.
“We’ve now successfully milled approximately 108,000 tonnes of development material at the Fresnillo plant since early August of 2020 generating cash-flow to help offset capex, gaining valuable metallurgical understanding, and providing confidence for the high stope grades expected once full scale mining production commences” said George Paspalas, MAG Silver’s President and CEO.
Chris Wright, Chairman & CEO, commented: “We are encouraged by these results, some of which are the highest-grade silver results that Defiance has drilled to date at San Acacio. Follow-up drilling in this zone will be aimed at defining the structure up-dip, and systematically stepping down-dip to test the vertical profile of the Veta Grande structure.”
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