Category: Investor’s Corner

McEwen Mining: 2021 Outlook and 2020 Year End and Q4 Results

Rob McEwen, Chairman & Chief Owner: “While I am deeply pained by our awful financial performance in 2019 and 2020, I recognize that those years are behind us and the past cannot be changed, but we can and are shaping a better future. This year will not be stellar as we continue to fix operating issues and continue to invest in exploration and business systems – the foundations for a strong mining company. Looking beyond this year, myself and our entire senior management team, many of which are new hires, feel very optimistic about the company’s growth and are committed to delivering it to you!

Fortuna reports consolidated financial results for full year 2020

Jorge A. Ganoza, President and CEO, commented, “Fourth quarter marks a continuation of very strong financial results in the second half of 2020 driven by favourable metal prices, sustained production, and cost containment in spite of a challenging operating environment.”

Newmont Announces Acquisition of GT Gold

“We are excited to expand our world-class portfolio to include the Tatogga project in the Tahltan Territory located in the highly sought-after Golden Triangle district of British Columbia, Canada” said Newmont President and CEO Tom Palmer.

Garibaldi Corporate Update

Garibaldi Resources is pleased to provide this update further to the Company’s November 24, 2020 news release announcing completion of an initial tranche of a non-brokered flow-through private placement totaling $2,033,200 CDN by the issuance of 3,388,666 units at 60 cents per unit.

Gatos Silver Finalizes Agreement to Increase Los Gatos JV Ownership to 70% and Extinguish the LGJV Working Capital Facility

Stephen Orr, the Company’s Chief Executive Officer, stated, “The completion of this definitive agreement with Dowa represents the achievement of two important use of proceeds objectives from the Company’s recent initial public offering. Increasing Gatos Silver’s interest in the entire Los Gatos mineral district to 70% and extinguishing the WCF are significant milestones and value-catalysts for the Company, which emerges, upon completion of this transaction, with a substantially increased share of this prolific new silver and zinc rich district.”

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