Month: March 2021

Torex Gold Fully Repays Debt Facility

“With no remaining long-term debt, Torex has never been in a stronger financial position. The markedly enhanced terms our partner Banks have granted through this latest refinancing agreement reflects the strength of our balance sheet and underlying cash flow potential of our El Limón Guajes complex. Importantly, the amended facility allows for greater financial flexibility as we lay the foundation for our future in Morelos and beyond.”

Newmont Announces Sustainability-Linked Revolving Credit Facility

“Our sustainability-linked credit facility further demonstrates Newmont’s unwavering commitment to industry-leading environmental, social and governance (ESG) practices,” said Newmont President and CEO Tom Palmer. “Our sustainability framework is at the core of what we do, and we believe that strong ESG performance is a key indicator of a well-managed business. By aligning our financial performance and our ESG performance, we are holding ourselves accountable to delivering on our purpose to create value and improve lives through responsible and sustainable mining.”

First Majestic Updates ESG Sustainability Activities Aimed at Helping Local Communities and Improving the Environment

“First Majestic’s commitment to safety, environment, and communities is a core principle of the Company, and it’s continually ingrained in our operations,” said Keith Neumeyer, President and CEO. “Since we began operating in Mexico in 2003, we have always had a socially responsible approach to mining and its responsibilities as the primary employer within our local communities. Our best practices are committed to working safely, and with integrity, while also contributing to local sustainable development.”

Equinox Gold Announces Sale of Solaris Shares and Warrants to Augusta Investments and Strategic Shareholder for up to C$132.5 Million

Christian Milau, CEO of Equinox Gold, stated: “As a strategic and supportive shareholder, Equinox Gold is pleased to accommodate Solaris in this transaction, which benefits both companies. The proceeds from this sale will further strengthen Equinox Gold’s already solid balance sheet as we continue to execute on our expansion and growth objectives.”

Vizsla Triples Length of Tajitos with Multiple High-Grade Intercepts at Panuco, Mexico

Vizsla President and CEO, Michael Konnert, commented: “Today’s release is another example of the wider, high-grade intercepts we see at Panuco, and mineralization remains open in all directions. Tajitos is fast becoming a significant zone of mineralization. The district’s western side is increasing in importance as Tajitos is only 500 metres east of the Napoleon corridor.”

SSR Mining Publishes ESG and Sustainability Report

Rod Antal, President and CEO, commented, “I am pleased to introduce SSR Mining’s third annual ESG and Sustainability Report and our first since the transformational merger with Alacer Gold. This report builds on our purpose of creating value and leaving a legacy through responsible and sustainable operations.”

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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