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Mandalay Resources Corp. announced today its production and sales results for the second quarter of 2020. In the second quarter of 2020, Mandalay produced a consolidated 24,752 saleable ounces of gold equivalent and sold 24,916 ounces of gold equivalent. Dominic Duffy, President and Chief Executive Officer of Mandalay, commented, “Both operations [...]
Highlights: • H1 2020 total gold production amounted to 521 kg , compared to 255 kg in H1 2019, an increase of 105%, or 266 kg . Hard rock gold production at Tardan increased from 227 kg in H1 2019 to 521 kg in H1 2020, or by 129%; • H1 2020 gold sales amounted to 537 kg , compared to 238 kg in H1 2019, an increase of 299 kg , or 125%; • Volume of [...]
Monument Mining Ltd. is pleased to announce exploration drilling results from the company’s Murchison Gold Project at Burnakura and Gabanintha in Western Australia. The drilling program commenced in late February 2020 and was successfully completed in early May 2020 . The results have confirmed the continuity of gold mineralization within [...]
First Quantum Minerals Ltd. announces that Cobre Panama can resume full production. The Company has received notice of Resolution No. 1651, dated July 03, 2020, issued by the Ministry of Health of the Republic of Panama lifting the temporary suspensions at its Panamanian subsidiary, Minera Panama, S.A. Cobre Panama has been in Preservation and Safe [...]
Erdene Resource Development Corp. is pleased to announce drilling results from the Midfield Southeast zone of the Company’s 100%-owned Bayan Khundii Gold Project . “We are exceptionally pleased with drill results from the new Midfield Southeast zone, including one metre of 582 g/t gold within an intersection of 5.5 metres grading 126 g/t gold, in a [...]
Calibre Mining Corp. today announced operating results for the three months ended June 30, 2020 and reported cash on hand at quarter-end . Q2 2020 Highlights Commenced phased restart of operations after a 10-week suspension Produced 6,010 ounces of gold Sold 9,426 ounces of gold Issued revised 2020 guidance 110,000 to 125,000 ounces of gold [...]
Pretium Resources Inc. announces that Patrick Godin will be joining the Company as Vice President and Chief Operating Officer effective August 1, 2020. Mr. Godin will succeed David Prins, Pretivm’s Vice President, Operations. Mr. Godin brings more than 25 years of mining industry experience to the Pretivm team. Most recently, Mr. Godin was [...]
Euro Manganese Inc. is pleased to announce a private placement of 11,979,682 common shares and 51,145,605 CHESS Depositary Interests, at a price of C$0.061 per Share or A$0.065 per CDI, for aggregate gross proceeds of approximately C$3.85 million. Net proceeds of the Offering will be used by the Company to further progress its Chvaletice Manganese [...]
Further to its news release dated May 15, 2020 announcing the entering into of a binding letter of intent, Komet Resources Inc. is pleased to announce that it has closed, on July 2, 2020 its previously announced transaction relating to the sale of all of the issued and outstanding shares of its wholly owned subsidiary Komet Mali SARL , which owns [...]
Magellan Gold is pleased to announce that it has entered into a stock purchase agreement to acquire Clearwater Gold Mining Corporation which owns certain unpatented mining claims in Idaho County, Idaho that include the historic Center Star Gold Mine near Elk City, Idaho. The Center Star Mine hosts high grade gold mineralization that was discovered [...]
Gold Resource Corp. today announced the milestones of a decade of production, generating over $1 billion in revenue and distributing over $114 million in shareholder dividends from its Oaxaca Mining Unit in Mexico. Gold Resource Corp. is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The [...]
Texas Mineral Resources Corp.: USA Rare Earth LLC, the Round Top development and funding partner, is in advanced discussions to secure financing to complete the project Definitive Feasibility Study and through to mine construction · TMRC board has approved acceleration of the funding and development agreement and is asking shareholders to ratify [...]