Author: Josue Gomez

Taj Singh, President and CEO, states: “Ensuring the health and safety of our workforce is Discovery’s highest priority. There have not been any confirmed or suspected cases of COVID-19 at any of our operations however the Company has begun implementing various precautionary measures aimed at reducing the risk of COVID-19 impacting employees, their families, local communities and all stakeholders.”

Executive Chairman Daniel Kunz comments, “Prime Mining is providing this update on the impact of unprecedented global events on Prime’s operations and business opportunities. Human health and safety comes first in our world of mineral exploration and mining. Now we extend that concern to our homes, members of our communities and people around the globe. My fellow directors and management of Prime join me in extending our sincere wishes that you, your families and communities stay safe and healthy”.

Equinox Gold Corp. is closely monitoring the COVID-19 pandemic and has taken precautionary measures at its mine sites and offices to help protect the safety of the Company’s workforce and local communities.

Riverside Resources Inc. provides a brief update to its shareholders and followers during this unprecedented time with the COVID-19 outbreak, evolving government recommendations and current market uncertainty. The Company remains in a strong overall position with high-value properties and partnerships which also help to reduce capital expenditures. The Company currently has local teams on the ground carrying out partner-funded work programs on Riverside owned assets. Riverside continues to maintain a tight share structure, with no debt and cash in the bank.

As part of an effort to protect the people of Nunavut, Agnico Eagle has decided to send home its Nunavut based work force from the Meliadine and Meadowbank operations as well as the exploration projects for a period of four weeks.

Excellon Resources Inc. and Otis Gold Corp. announced today that they have filed a joint management information circular which will be mailed out to their respective shareholders’ next week for the meetings to be held on April 17, 2020, in connection with the previously announced acquisition by Excellon of all of the issued and outstanding shares of Otis pursuant to a plan of arrangement under the Business Corporations Act (British Columbia).

“Over the past year, Hecla took steps to de-risk all aspects of the business, which now puts us in a position to respond to COVID-19,” said Phillips S. Baker, Jr., President and CEO.

“Our fourth quarter results at Florida Canyon showed significant improvement and were markedly better than those achieved in the middle of the year, confirming that Florida Canyon is indeed turning the corner. In the fourth quarter we were able to mine 31% more tonnes per day, process 48% more tonnes per day, and deposit 37% more gold on the leach pad than in the third quarter. These incremental improvements drove our overall operating costs in the quarter down, to less than $7 per tonne, which is an exceptional achievement,” said Mark Backens, President and CEO.

“Considering the significant size and scale of the QB2 project, and the fact that workers on the project commute in large numbers from all over Chile, this is the right decision to protect the health and safety of workers and their families, and to support the Chilean government efforts to halt the spread of COVID-19,” said Don Lindsay, President and CEO, Teck.

Newmont Corporation announced today the pricing terms of the previously announced offers to purchase for cash up to the applicable Maximum Principal Tender Amount of (i) the 3.500% Senior Notes due 2022 issued by Newmont, (ii) the 3.700% Notes due 2023 issued by Newmont and (iii) the 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont.