Newmont Goldcorp Corporation today announced that the Quecher Main project at Yanacocha in Peru achieved commercial production safely, ahead of schedule and under budget.
GREAT PANTHER MINING LIMITED is pleased to report the appointment of Neil Hepworth, Chartered Engineer, UK, as Chief Operating Officer.
Igor Gonzales, President and CEO of Sierra Metals commented,“I am very pleased with the Yauricocha Mine’s excellent quarterly financial results as highlighted with notable improvements to revenue and adjusted EBITDA, while seeing lower realized cash costs.”
Phase 1 Mining Campaign Completed at Oposura. Azure Secures 100% Ownership of 32Moz Silver Project.
GREAT PANTHER MINING LIMITED announces that James Bannantine, President & CEO, has departed the Company effective today following a determination by the Company’s Board of Directors to effect a leadership change.
“We are disappointed by the delay in the renewal of our mining concessions for Kirazlı but are confident we will see a positive resolution. Our other internal growth initiatives at Mulatos and Young-Davidson are progressing well. Construction of Cerro Pelon is tracking ahead of schedule and we expect first production by the end of this year,” John A. McCluskey President and CEO.
Mr. Carlos Silva, Chief Operating Officer, stated “The acquisition of the initial 50% ownership of PCG Mining at the beginning of Q3 has resulted in a material positive impact on production during the quarter. With the recent acquisition of the remaining 50% of PCG Mining, we expect a further significant production increase in Q4 and into 2020 as a result of Grupo Penoles agreeing on October 29, 2019 to extend the Zimapan Mine lease to December 31, 2020. We continue to have positive discussions with Grupo Penoles, the owner of the Zimapan Mine, with respect to acquiring the mine outright.”
Scott Perry, President and Chief Executive Officer of Centerra stated, “During the quarter we achieved a number of significant Lost Time Injury Free milestones including one million work hours at our Öksüt Project and Mount Milligan, one full year at Kumtor and most recently six full years without incurring a lost time injury to our employees or contractors at the Endako Mine. These achievements validate that Zero Harm is within our reach at Centerra and demonstrates our workforce’s commitment to Centerra’s Work Safe – Home Safe program as we continue to build a team-based culture of excellence that responsibly delivers sustainable value and growth.”
“Having achieved commercial production ahead of schedule, South Arturo continues to exceed my expectations” stated John Begeman, Executive Chairman of Premier. “Realizing commercial production at El Nino this year rather than next is a positive development that we expect will impact Premier’s consolidated operating performance for 2019, particularly in the fourth quarter.”
Fred Stanford, President & CEO of Torex, stated: “From every perspective, this was an excellent quarter. Safety performance continued to be outstanding with zero lost time injuries in the quarter. Record gold production of 138,145 ounces was more than 20% higher than the previous record set earlier in the year…”
Mexico Mining Center © 2021 / All Rights Reserved
