Year: 2023

Teck Resources Ltd. TECK-B-T -3.00% decrease suffered a major defeat Wednesday by failing to earn shareholder support to move forward on a restructuring that had been years in the making, increasing the chances of one of the last of the country’s big miners getting swallowed up by a foreign giant.

Almaden Minerals Ltd. is pleased to announce the completion of a social impact assessment relating to the potential impacts caused by the grant of the Company’s Ixtaca mineral claims, and the completion of a human rights impact assessment that examines the potential impacts that could be caused if the Ixtaca project is developed in a manner consistent with the Ixtaca Feasibility Study first announced on December 11, 2018

MAG Silver Corp. is pleased to announce the appointment of Gary Methven as Vice President: Technical Services effective May 1, 2023, and the promotion of Jill Neff to Vice President: Governance and Company Secretary effective immediately.

Representatives of the president’s Morena party and its allies, nearly unanimously and with little debate, approved the laws in a fast-tracked process without opposition legislators present. Legislators convened outside the chamber’s usual voting location after the opposition occupied the chamber to try to prevent the session.

“The year is off to a good start with strong operational results and the best quarterly safety performance in the Company’s over 65-year history, which positions us well to meet our full year guidance projections. Costs were better than expected, primarily due to the strong operating results, favourable currency movements and a slight easing of inflationary pressures,” said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.

Argonaut Gold Inc. is pleased to announce that it has amended the agreement with a syndicate of underwriters led by Scotiabank and Cormark Securities Inc. pursuant to which the Underwriters have agreed to buy on a “bought deal” private placement basis, subject to a right to substitute purchasers, for aggregate gross proceeds of approximately C$17.5 million, as follows: (i) 6,613,800 common shares of the Company to be issued as “flow-through shares” with respect to “Canadian exploration expenses” at a price of C$0.756 per CEE Flow-Through Share for gross proceeds of C$5,000,033; and (ii) 18,656,800 common shares of the Company to be issued as “flow-through shares” with respect to “Canadian development expenses” at a price of C$0.67 per CDE Flow-Through Share for gross proceeds of C$12,500,056.

Canasil Resources Inc. announces that it has made an application to the British Columbia Securities Commission to approve a temporary management cease trade order under National Policy 12-203 Management Cease Trade Orders which, if granted, will prohibit trading in securities of the Company by the chief executive officer and chief financial officer of the Company until such time as the Required Filings and all continuous disclosure requirements have been filed by the Company, and the MCTO has been lifted.

Pan American Silver Corp. today announced that Yamana Gold Inc., a wholly-owned subsidiary of Pan American, has commenced consent solicitations with respect to certain proposed amendments to the indenture, dated as of June 30, 2014, as supplemented in relation to Yamana’s 4.625% Notes due 2027 by the Fourth Supplemental Indenture, dated as of December 4, 2017 and the Base Indenture, as supplemented in relation to Yamana’s 2.630% Senior Notes due 2031 by the Seventh Supplemental Indenture dated as of August 6, 2021.

“Since transforming Newmont’s business four years ago, we continue to lead the gold sector in sustainability, profitable gold production and shareholder returns due to the strength of our team and the quality of our world-class portfolio. During the first quarter, we delivered on our expected results, generated nearly $1.0 billion in adjusted EBITDA and returned $318 million to shareholders through our industry-leading dividend framework. We remain on track to achieve our full year guidance ranges and build upon our track record of safely delivering long-term value to all of our stakeholders through sustainable and responsible mining.”