“Selling our Continental stake into a strong bid allowed us to generate $260 million in cash that will support our disciplined approach to capital allocation, including strengthening our investment grade balance sheet, investing in our highest returning projects, and returning excess cash to our shareholders,” said Tom Palmer, President and Chief Executive Officer.
“Q4 was the first full quarter of production at South Arturo following the successful construction of the El Nino underground mine”, stated Ewan Downie, President & CEO. “Its addition is expected to contribute positively to Premier’s 2020 operating results”.
The administrative and legal proceedings initiated by the Company against the DGM in 2018 to remove reference to the royalty on the title register, are progressing in accordance with the procedures of the Mexican Administrative Court.
Newmont Corporation announced today that it has commenced offers to purchase for cash up to the applicable Maximum Principal Tender Amount set forth in the table below (as such amount may be increased or decreased in Newmont’s sole discretion) of (i) the 3.500% Senior Notes due 2022 issued by Newmont, (ii) the 3.700% Notes due 2023 issued by Newmont and (iii) the 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont.
Ridgestone Mining Inc. is pleased to announce the appointment of Mr. Steven I. Weiss, PhD, CPG, as Chief Independent Technical Advisor for its Rebeico Gold and Copper Project, located in Sonora, Mexico.
Newmont Corporation announced today its intention to offer, subject to market and other conditions, senior unsecured notes pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission.
An aggregate of 25,335,000 Common Shares were issued by the Company at a price of $1.50 per Common Share for aggregate gross proceeds of $38,002,500.
The Company’s new focus is in the Red Lake district of Ontario after a series of option agreements and acquisitions recently announced.
Silver Spruce Resources Inc. announced today that that it has completed its non-brokered private placement for total proceeds of $259,500.
Aura Minerals Inc. is pleased to announce that the Company has filed a draft of a preliminary prospectus and draft of a Formulário de Referência with the Brazilian Securities Commission for the purposes of completing an initial public offering in Brazil and concurrent listing of Brazilian depositary receipts on B3 S.A. – Brasil, Bolsa, Balcão.
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