“In late Q2, the mine returned to the level of monthly production planned for the 2023 – 2024 fiscal year, as well as recovering additional ounces over budgeted amounts to make up for the lower than planned production in Q1,” stated Salvador Garcia, Chief Operating Officer.
“We expect to close out 2023 on a solid note with the fourth quarter forecast to be the strongest quarter of production, driven by higher open pit grades now that the period of elevated waste stripping is behind us. Our confidence in achieving full year production guidance of 440,000 to 470,000 ounces is supported by October gold production of 41,450 oz, which included 105 hours of planned maintenance in the process plant at the start of the month.”
Tony Makuch, CEO, states: “We made significant advances at Cordero during and subsequent to the third quarter of 2023. The submission of our Environmental Impact Statement, the principal permit required for the development of Cordero, represents a major milestone for the Company.”
“We made measurable progress in the third quarter delivering a solid performance at our existing operations. Despite the early challenges and a slower than expected ramp-up, we achieved commercial production at our flagship asset, the Magino mine, after the quarter end. This achievement coupled with strong performance at our Florida Canyon mine is a testament to our team who has worked diligently to optimize our operations.”
“We’ve been trying to discuss how Ganfeng and the government can work together,” Bacanora chief executive officer Peter Secker said in an interview Thursday. “Whether they want to do it on an economic basis or on a joint venture basis, we would be happy to work with them in any manner that is commercially viable.”
Heliostar Metals Ltd. is pleased to announce a warrant exercise incentive program designed to encourage the early exercise of up to 46,363,630 common share purchase warrants issued on March 16, 2023.
“This investment will provide great benefit to the southwest US and beyond, with comprehensive and reliable services. Our expanded facilities in Mesa will allow access to unmatched OEM-quality repairs and refurbishments, and the new advanced Metso training centre will help ensure that the next generation of miners are well-equipped.”
“The quarter was marked by continued operational outperformance at Camino Rojo and balance sheet strengthening. We have improved our annual production guidance range and we are on track to being in a net cash position shortly,” said Jason Simpson, President and Chief Executive Officer of Orla.
“While sustainability has been at the core of our strategy for over 20 years, we have published this report for the last 10 years in order to track the progress of our sustainability initiatives. I am encouraged by our achievements reflected in this year’s report, and we will continue to measure our results against the high standard we have set,” said John A. McCluskey, President and Chief Executive Officer.
“We will not comment on the specifics of any lawsuit pertaining to our COVID-19 vaccine requirement, other than to state that both CC&V and Newmont fully complied with the law with respect to the vaccine requirement,” said Katie Blake, sustainability & external Relations Manager for Newmont’s Cripple Creek & Victor Gold Mining Co.
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