Category: Investor’s Corner

Carlos Silva, Santacruz’s COO, stated, “Santacruz had a record year in 2019 producing 2.8 million silver equivalent ounces following the successful acquisition and integration of Carrizal Mining. In addition to this transformative event, the Veta Grande and Rosario mines increased their annual production substantially, while at the same time maintaining significant development activities and advancing exploration plans as a pathway to keep improving our production at all mines and expanding mine resources.”

Equinox Gold Corp. and Leagold Mining Corporation are pleased to announce that both Equinox Gold and Leagold shareholders approved all matters voted on at their respective special meetings of shareholders held earlier today, approving the transaction announced on December 16, 2019 to combine the companies, creating one of the world’s top gold producing companies operating entirely in the Americas.

“We mined a record 74,876 tonnes from Platosa in 2019, the most in our 15-year operating history,” stated Brendan Cahill, President and CEO. “At Miguel Auza, we processed record tonnage of 89,478 tonnes for the year and 26,226 tonnes for Q4 from Platosa and Hecla’s San Sebastian Mine, demonstrating continued scalability in the milling operation. During the fourth quarter, flow sheet upgrades resulted in improved silver recoveries of over 91.7%. We expect zinc recoveries to further improve with ongoing upgrades.”

“La Minera Fresnillo PLC tiene como política la sustentabilidad, pues es una empresa dedicada a la exploración, explotación y beneficio de minerales, y está comprometida con garantizar un lugar seguro y saludable para su personal y su entorno, estableciendo buenas relaciones con las comunidades vecinas”, expresó Gerónimo Javier Medina Triana, superintendente de Relaciones con la Comunidad del distrito Fresnillo, del grupo Fresnillo-PLC.

The proposed acquisition has continued to progress with formal documentation now completed with the execution of a Share Sale Agreement for the acquisition by Mithril of all issued share capital of Sun Minerals today.

“2019 was a trying year for our Mercedes Mine” stated Ewan Downie, President and CEO of Premier. “However, we believe that we understand the challenges faced by the mine this past year and have a plan in place to address them. We believe our continued exploration successes at Mercedes and the resumption of mining at South Arturo will contribute to production for years to come and provide a platform for our Company’s growth”.

Richard C. Adkerson, President and Chief Executive Officer, said, “During 2019, we progressed three major initiatives to enhance future cash flows and value for our shareholders. We are on schedule to establish large-scale production from our high-grade, low-cost and long-lived underground ore bodies at Grasberg; the Lone Star project in Arizona is nearing completion; and early results from our innovation initiatives to enhance productivity at our operations in the Americas are positive.”

“Continuing to thrive in our next 100 years will require strong and transparent corporate governance, responsible environmental stewardship, and a diverse and inclusive workplace that allows us to attract and retain top talent,” said Tom Palmer, President and Chief Executive Officer.

Igor Gonzales, President and CEO of Sierra Metals, commented:“I am very pleased with the Company’s strong Q4 production results, which contributed to a solid year of production in 2019. The Company continues to reap the benefits of the successful operational improvement programs at all Mines.”