Month: July 2020

BSI Group Certifica a Minera Saucito en Seguridad y Salud Ocupacional

Hasta el momento, Minera Saucito es la primera filial de Fresnillo PLC en obtener la certificación internacional ISO 45001: “Sistemas de gestión de la seguridad y salud ocupacional en el trabajo“, por parte de la compañía internacional BSI Group, debido a la implementación de acciones para disminuir riesgo de lesiones y enfermedades recurrentes en el sector.

Confirma PROFEPA que No Existió Incidente Ambiental en Unidad Minera San José

“Siempre tuvimos claridad que no teníamos relación con la posible afectación de las pozas, pues nuestros altos estándares ambientales cumplen con la regulación nacional e internacional y jamás pasaríamos por desapercibido un incidente ambiental,” precisó Luiz Camargo, Director País de Compañía Minera Cuzcatlán.

Centerra Gold Records Net Earnings of $80.7 million or $0.27 per Common Share, Adjusted Net Earnings (Non-GAAP) of $97.8 million or $0.33 per Common Share and Cash from Operations of $268.1 million; Increases Quarterly Dividend by 25%

Scott Perry, President and Chief Executive Officer of Centerra stated, “We continue to stay vigilant at all of our operations to prevent an outbreak and avoid the spread of the COVID-19 virus and to ensure the health, safety and well-being of our employees, contractors and communities. At our Öksüt operation, we have celebrated a recent safety milestone, when on July 19, 2020, Öksüt achieved 3 million work hours without a lost time injury. Our continued commitment to Work Safe Home Safe is a driving force behind achieving such milestones.”

Golden Goliath Increases Private Placement

The Company intends to use the net proceeds of the Offering to conduct a drilling program on the Company’s Kwai property in the Red Lake mining district and for general working capital.

Recibe Fresnillo Plc Certificación Internacional

Fresnillo PLC celebró la reciente certificación otorgada a su filial Minera Saucito, la cual reconoce la excelencia del sistema de gestión de seguridad y salud ocupacional implementado al interior de sus instalaciones.

Vizsla Resources Closes Fully Subscribed C$30 Million Private Placement Including Investment from Eric Sprott

We are pleased to see Mr. Sprott take such a meaningful stake in the Company to welcome investment from other key strategic and institutional investors. We have approximately $34,000,000 in cash and are fully funded for continuous exploration drilling for the next two years. The Company now has four drill rigs turning on the underexplored Panuco silver district. Vizsla will now look to drill over 31,000 metres in 2020,” stated Michael Konnert, Chief Executive Officer of the Company.

New Gold Reports Second Quarter Financial Results Download

“We are very pleased with our overall performance in this unprecedented quarter, a quarter that included enormous challenges presented by COVID-19. While we prioritized the safety of our employees and our key partners, we were able to report strong operational performance and complete two strategic transactions that restructured our balance sheet and improved our liquidity position,” stated Renaud Adams, CEO.

Newmont Announces Solid Second Quarter 2020 Results

“In the second quarter we delivered solid financial performance with $984 million in adjusted EBITDA and $388 million in free cash flow, both substantial increases over the prior year quarter. Our focus remains on ensuring the health, safety and wellbeing of our workforce and neighboring communities as we manage through the Covid pandemic. I am very proud of our workforce for the agility and resolve that they have demonstrated during these challenging times,” said Tom Palmer, President and Chief Executive Officer.

Coeur Reports Second Quarter 2020 Results

“Like most companies, our second quarter results were negatively impacted by COVID-19. Most notably at Palmarejo, our strongest performing asset in the first quarter, operations were temporarily suspended due to a decree from the Federal government of Mexico. However, with Palmarejo now back in production, our three U.S. operations hitting their strides and the tailwind of higher gold and silver prices, we are anticipating a strong second half of 2020 and expect to continue this momentum into 2021,” said Mitchell J. Krebs, President and Chief Executive Officer.

Permits Granted for Plomosas to Move to On-Site Processing

Consolidated Zinc Limited is pleased to advise that, after 2 years of assessment, the environmental authority in Mexico has issued their approval for refurbishment of the Plomosas plant and construction and operation of the tailings storage facility.

Agnico Eagle Reports Second Quarter 2020 Results – Successful Ramp Up Of Operations Post Temporary Covid-19 Shutdowns; 2020 Production Guidance Increased, Capex And Cost Guidance Maintained – Operations On Track For Strong Second Half; Credit Facility Now Fully Repaid

“The second quarter was challenging given the global COVID-19 pandemic and its impact on our operations. While our business returned to normal production levels ahead of schedule in June, we did have seven of our eight mines on care and maintenance at one point during the quarter. We finished the quarter strong as our employees responded quickly and effectively with a plan to manage the mine shut downs and subsequent restart and ramp-up of operations while protecting the health, safety and well being of our employees and the communities in which we operate”, said Sean Boyd, Agnico Eagle’s Chief Executive Officer.

Alamos Reports Second Quarter 2020 Results

“The second quarter of 2020 will be remembered as one of the most challenging times in our history given the COVID-19 pandemic. We started the quarter with two of our operations being temporarily suspended, but we adapted well and by June both Island Gold and Mulatos had safely returned to normal operating levels,” said John A. McCluskey, President and Chief Executive Officer.

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