“We are pleased that WIYA was able to put our SDA Plant into operation and demonstrate that it functions well,” says Joanne Freeze, President and CEO of Xali Gold.
“Newmont delivered a strong first quarter operational performance, producing 2.2 million gold equivalent ounces and generating over $1.4 billion in cash from operations before working capital changes,” said Tom Palmer, Newmont’s President and Chief Executive Officer.
Guanajuato Silver Chairman and CEO, James Anderson, said, “Having known Miranda for over a decade, I know that with her +30-years of resource-specific financing experience, Miranda will bring an invaluable skillset to Guanajuato Silver just as we are entering a new phase of growth. Miranda’s history of implementing innovative financial solutions in the mining industry, combined with her infinite energy, make her one of the most effective financiers within our industry today.
Este martes, la unidad minera San Martín se declaró en paro luego de que el bloqueo que mantiene la denominada Sociedad Transportista Empresarial de Sombrerete, que exige que se contraten trabajadores locales, afectara la productividad de la mina e impidiera el acceso a la comunidad San Martín.
“We delivered another strong start to the year across a number of fronts, following a record performance in 2023. Costs were in line with guidance for the quarter and production exceeded guidance led by record production from La Yaqui Grande. With the solid first quarter, we are on track to achieve our full year production and cost guidance. We also continued to demonstrate our long-term track record of value creation through exploration and M&A.”
Mike Tucker, Regency Head Geologist stated: “We are delighted to be featured alongside some of the top high-grade projects and deposits in Mexico. To be able to demonstrate exceptional grade and width at Dios Padre in such an early exploration stage highlights the potential of this system.”
“Q1 continued the trend of consistent operational performance. Despite a major planned maintenance shutdown during the quarter, Juanicipio continued to demonstrate its ability to deliver strong milling rates per operational day,” said George Paspalas, MAG Silver’s President and CEO.
Paddy Nicol, CEO of Orogen Royalties, commented, “Orogen’s strong financial performance is built on the commitment to early-stage exploration, organic royalty creation, and financial discipline to grow the Company responsibly. We have come a long way since our formation in 2020, when we approached the royalty space with a low-cost differentiated strategy to create royalties in a sustainable manner with minimal dilution to shareholders, and without incurring debt.”
Akiba Leisman, Chief Executive Officer of Mako states that, “Q1 2024 was another highly profitable quarter for the Company, with recovered gold equivalent of over 10,000 ounces at industry leading AISC. The mine reported quarterly record throughput rates, which was achieved as we positively reconcile to the resource model, bringing in significantly more tonnes of mineralized material to the mine plan.”
Dan Dickson, Chief Executive Officer stated, “Reaching the halfway mark in our construction schedule is a testament to the hard work and dedication of our team. With commissioning expected in Q4 2024, Terronera will bring tremendous potential to our company’s future, as we grow and expand our operations through responsible practices.”
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