“I am pleased to report a solid quarter of production, in line with our expectations. We are making good operational progress, despite the ongoing impact of the pandemic and global supply chain bottlenecks, which are likely to persist in the second half. We continue to address the challenges presented by the Mexico labour reform which limits the use of contractors.”
Azure Minerals Limited is pleased to advise that further to its announcement of 30 May 2022 and shareholder approval received on 29 June 2022, it has completed the sale of its Mexican precious and base metals projects to Bendito Resources Inc for a combination of cash and shares valued at A$20 million.
Simon Dyakowski, CEO of Aztec, commented: “We are thrilled to announce this opportunity to consolidate a 100% interest in the Cervantes porphyry gold-copper project and welcome Kootenay Silver as a major shareholder of Aztec.”
ura Minerals Inc. is pleased to announce the appointment of Mr. Pedro Joao Zahran Turqueto to its board of directors effective July 25, 2022.
Alex Langer, Sierra Madre’s President and Chief Executive Officer commented, “We are delighted to have Ken accept the position of CFO as we build out our management team in preparation for operations at La Guitarra.”
Orogen Royalties Inc. is pleased to announce the closing of the transaction (previously announced June 9, 2022) with Advance Lithium Corp. whereby Orogen acquired 3% net smelter royalties on three prospective mineral licenses in the Lake Victoria Gold Fields in western Kenya.
“Newmont delivered a solid second quarter performance, producing 1.5 million gold ounces and generating $514 million in free cash flow.”
The Company believes that it will be able to file its annual report on Form 10-K for the year ended December 31, 2021, and its quarterly report on Form 10-Q for the quarter ended March 31, 2022 in the second half of 2022.
Raman Randhawa, Capstone’s SVP and CFO commented, “The successful closing of our amended revolving credit facility, which has been right-sized for Capstone Copper along with improved terms and conditions will provide greater financial flexibility to support the execution of our future growth projects.”
Newmont Corporation today announced that its Board of Directors declared a dividend of $0.55 per share of common stock for the second quarter of 2022, payable on September 22, 2022 to holders of record at the close of business on September 8, 2022.
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