“It gives me great pleasure to welcome Janet to the Empress team as Chief Financial Officer,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty.”
“Today’s announcement propels Sandstorm forward in both size and scale while solidifying Sandstorm’s position amongst its peers as the highest-growth streaming and royalty company.”
Golden Minerals Company announced today that mining operations executive John Galassini has joined the Company as its Chief Operating Officer, effective May 9, 2022.
Agnico Eagle believes that the NCIB will provide a flexible tool as part of Agnico Eagle’s overall capital allocation program and objectives, while generating value for shareholders.
Jorge A. Ganoza, President and CEO of Fortuna, commented, “At Fortuna, we remain focused on the production of silver and gold while generating shared value over the long term for our stakeholders through efficient production, mitigation of impacts to the environment and social responsibility.”
Ralph Shearing, CEO states,” I am immensely proud of our entire Altaley team who have worked tirelessly throughout 2021 to deliver a record-breaking year of rapid growth and excellent profitability to the Company and our shareholders. We will build on these excellent 2021 results as we continue our improvements at Campo Morado and very soon, enter production at our Tahuehueto gold mine where we expect robust economics to significantly increase our revenues and profitability.”
A British Columbia Securities Commission (BCSC) panel has found that a mineral exploration company and two people connected to it made false or misleading statements. The company’s former president and CEO also committed illegal insider trading.
“I am pleased to report that our newly consolidated operations have performed very well in the first quarter of 2022 despite challenges related to COVID-19. Supported by strong metal prices, the first quarter generated solid operating cash flow which allowed the Company to continue to deliver on shareholder returns while paying down debt, and investing in our operations and pipeline projects,” said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.
“We would like to extend our gratitude to the syndicate of lenders who provided their support during the construction phase of the Camino Rojo mine. This refinancing significantly lowers our cost of capital, improves our financial strength and provides additional flexibility through increased liquidity,” said Etienne Morin, Chief Financial Officer of Orla Mining.
Our balance sheet remains exceptionally strong with a current cash balance of approximately $60 million and no debt. This puts us in a very strong position to fund all our activities at Cordero in 2022, as well as all necessary work to advance Cordero to a construction decision through the completion of a Definitive Feasibility Study currently scheduled for the second half of 2023.
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