Category: Investor’s Corner

Alamos Gold Releases 2022 Annual ESG Report

“While sustainability has been at the core of our strategy for over 20 years, we have published this report for the last 10 years in order to track the progress of our sustainability initiatives. I am encouraged by our achievements reflected in this year’s report, and we will continue to measure our results against the high standard we have set,” said John A. McCluskey, President and Chief Executive Officer.

Former Project Director Sues Newmont Mining Corp.

“We will not comment on the specifics of any lawsuit pertaining to our COVID-19 vaccine requirement, other than to state that both CC&V and Newmont fully complied with the law with respect to the vaccine requirement,” said Katie Blake, sustainability & external Relations Manager for Newmont’s Cripple Creek & Victor Gold Mining Co.

Teck Announces Full Sale of Steelmaking Coal Business

“This transaction will be a catalyst to re-focus Teck as a Canadian-based critical minerals champion with an extensive portfolio of copper growth projects, unlocking the full value potential of the company,” said Jonathan Price, President and CEO, Teck.

Kootenay Silver Announces Effective Date for Consolidation

Kootenay Silver Inc. is pleased to announce that the consolidation of the outstanding common shares of the Company on the basis of one post-Consolidation Common Share for every ten pre-Consolidation Common Shares is anticipated to be made effective for trading purposes on Tuesday, November 14, 2023.

Coeur Reports Third Quarter 2023 Results

“Our overall gold production increased 15% quarter-over-quarter while costs applicable to sales per ounce of gold declined by 13%, which led to a 38% increase in adjusted EBITDA,” said Mitchell J. Krebs, President and Chief Executive Officer. “This production growth was driven by an 87% increase at our Kensington gold operation in Alaska and a 16% increase in gold production at our Palmarejo gold-silver mine in northern Mexico.”

Minaurum Appoints Dr. Ruben Padilla to Board of Directors

Darrell Rader, President & CEO of Minaurum, stated, “We are very pleased to have Ruben join the Board of Directors. Ruben is a top tier geologist and was highly regarded by his close friend and co-founder of Minaurum, David M. Jones. We look forward to applying his technical expertise to Minaurum’s exploration efforts in Mexico.”

Pan American Silver Reports Third Quarter 2023 Results

“We are reaffirming our annual 2023 guidance ranges for silver and gold production with the expectation that production for both will come in at the low end of the ranges. We expect Gold Segment Cash Costs and AISC to be within the guidance ranges and Silver Segment Cash Costs and AISC to be marginally above their guidance ranges,” said Michael Steinmann, President and Chief Executive Officer. “While mine operating performance was broadly in line with the plan across the portfolio, ventilation constraints at La Colorada and lower grades at El Peñon weighed on silver and gold production.”

Bear Creek Mining Announces Appointment of New Directors and Chief Operating Officer

Eric Caba, President and CEO of Bear Creek states, “On behalf of Bear Creek’s Board of Directors, I am very pleased to welcome Sandra Daycock, Susan Toews and Brian Peer to the Company. Sandra and Susan bring a wealth and diversity of experience to our Board and will contribute their cumulative financial, legal, strategic and governance expertise to the direction of the Company. Likewise, with over three decades of hands-on experience at mining operations throughout the Americas, Brian is a welcome addition to our senior management team. We look forward to the contributions Sandra, Susan and Brian will bring to Bear Creek as we continue to grow and develop.”

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