“Considering the significant size and scale of the QB2 project, and the fact that workers on the project commute in large numbers from all over Chile, this is the right decision to protect the health and safety of workers and their families, and to support the Chilean government efforts to halt the spread of COVID-19,” said Don Lindsay, President and CEO, Teck.
Newmont Corporation announced today the pricing terms of the previously announced offers to purchase for cash up to the applicable Maximum Principal Tender Amount 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.
“The success of our one billion dollar debt offering and the positive response from bondholders is a result of the confidence in our capital discipline and the strength of our business over the long term,” said Tom Palmer, President and Chief Executive Officer.
“The constantly changing COVID-19 situation is unprecedented and for many is a time filled with uncertainty. We’d like to ensure our shareholders that operations at Parral and Los Ricos continue as normal as we monitor the situation. Procedures have been implemented at both sites including employee education and increased sanitization. All individuals entering the sites will be monitored for symptoms including elevated temperatures,” said Brad Langille, President and CEO.
SilverCrest is of the view that NBF is not entitled to terminate the Agreement. In SilverCrest’s opinion, the novel coronavirus pandemic considered by NBF as the basis for terminating this Agreement was fully evident when the “bought deal” financing was agreed upon with expectations that the precious metals market would respond positively to this known risk.
First Majestic Silver Corp. announces that its board of directors has approved the extension of its share repurchase program pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange or alternative Canadian market places over the next 12 months.
Bradford Cooke, Endeavour CEO, commented, “During these turbulent times, we are fully committed to reducing the health risk to our employees and any potential disruptions to our business. We will continue to work proactively to protect the health of our employees, local stakeholders and our communities as we navigate the current situation.”
The Company has activated its Emergency Response Plan. It has placed its Health Safety Security and Environmental Committee in permanent session and is continually assessing the related health and safety risks to the Company’s personnel and contractors at its operations and offices.
Newmont Corporation announced today the early results of the previously announced offers to purchase for cash up to the applicable Maximum Principal Tender Amount set forth in the table below 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.
Teck Resources Limited announced today that Compania Minera Antamina, in which Teck has a 22.5% interest, continues to operate the Antamina mine under an exemption from recently announced Peruvian Government restrictions imposed in response to the COVID-19 pandemic.
Mexico Mining Center © 2021 / All Rights Reserved
