Year: 2020

Teck Announces $20 million COVID-19 Response Fund

Don Lindsay, Teck President and CEO said: “The global health crisis posed by COVID-19 is unlike anything previously faced by companies, by families, and by communities. The scope and severity of this pandemic requires all of us to step up and do our part.”

GR Silver Appoints Eric Zaunscherb as Director

Mr. Zaunscherb, commented, “I am very excited to join the Board of Directors of GR Silver Mining at this time. Highlighted by the recent acquisition of the Plomosas Silver Project and recently released high-grade exploration results, the Company is on-track to further the re-emergence of the historic Rosario Mining District in Sinaloa, Mexico. Management deserves credit for assembling this prospective land package while maintaining a robust capital structure in these challenging times.”

Torq Provides Corporate Update and Postpones Annual General Meeting

“We are excited about the opportunities that we are currently working on and are utilizing this time efficiently to aggressively pursue a number of accretive acquisitions. We look forward to formally pursuing acquisitions once travel restrictions and national lockdowns are lifted.”

Mineras Presentan Protocolos para Continuar Actividades

Un total de seis mineras presentaron su protocolo para continuar laborando con riesgos sanitarios mínimos en el estado durante la pandemia por Coronavirus Covid-19, informó el gobernador Alejandro Tello Cristerna.

New Gold Reports First Quarter Operational Results and Withdraws Annual Guidance

“We are pleased to report New Gold’s operational results for the quarter, which are very encouraging when considering the 2-week suspension at Rainy River in the latter part of March as well as the enhanced COVID-19 safety protocols put in place at both operations. At the end of the quarter, we closed a strategic $300 million transaction with the Ontario Teachers Pension Plan, which strengthens our balance sheet and provides additional financial flexibility and enhanced liquidity.” stated Renaud Adams, CEO.

Golden Minerals Announces Preliminary Economic Assessment for Rodeo Gold Project

Warren M. Rehn, Golden’s President and Chief Executive Officer, notes, “We’ve purposely held onto the Rodeo project for several years, waiting for the right opportunity to monetize this asset by utilizing our existing infrastructure to process its gold and silver. With the Hecla lease coming to an end this year, we intend to bring Rodeo into production in 2021. This PEA indicates that Rodeo presents us with the opportunity to realize over $24 million of after-tax cash flow in two years’ time with very low capital requirements, which will in turn support our work at Velardeña and other exploration projects.”

Equinox Gold Provides Corporate Update

“Equinox Gold’s inclusion in both the GDX and GDXJ is a milestone for the Company, reflecting successful execution of our growth strategy,” said Christian Milau, CEO of Equinox Gold. “Listing on the NYSE American and graduating to the Toronto Stock Exchange last year, coupled with the increased scale of the Company following the merger with Leagold Mining this year, have significantly increased the Company’s liquidity and market visibility, bringing additional trading flexibility and value to our investors.”

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