Category: Investor’s Corner

Torq Appoints New CFO

Torq Resources Inc. announces the appointment of Stacy Rowa as Chief Financial Officer and the resignation of Peter Rees as Chief Financial Officer and Corporate Secretary, effective April 1, 2019. Mr. Rees is resigning to pursue a new opportunity.

Sierra Metals Reports 2018 Consolidated Financial Results Including $90.1 Million of Operating Cash Flows Before Movements in Working Capital. Conference Call March 29, 2019 at 10:30 AM (EDT)

Igor Gonzales, President, and CEO of Sierra Metals stated: “I am very pleased with the Company’s performance during Q4 and full year 2018. Despite challenges such as harsh weather events in Q3 at the Bolivar Mine, the Company generated positive cash flow at its three operating Mines, realizing a 13% increase over 2017, and our production results were solid with year over year increases to the consolidated production of all metals except lead. The Company continues to realize positive returns on the capital investments and operational improvement efforts at all our Mines.This is best demonstrated through our improving operating performance, strengthening of our asset base, significantly lower all-in sustaining costs and continued strong cash flow.

Fortuna Updates Mineral Reserves and Mineral Resources for the San Jose and Caylloma Mines

Jorge A. Ganoza, President and CEO, commented: “For the second successive year, our infill drill programs at both San Jose and Caylloma were successful at replenishing Mineral Reserves mined.” Mr. Ganoza added, “In addition, the exploration programs executed last year resulted in the definition of a maiden Inferred Mineral Resource for the Victoria mineralized zone at San Jose, as well as the expansion of resources at Animas NE.” Mr. Ganoza concluded, “Both targets remain open at depth and along strike for further exploration.”

Newmont Announces Executive Leadership Team for Combination with Goldcorp

“As previously announced in January, leadership of Newmont Goldcorp will feature some of the industry’s best talent and most experienced mining executives known for superior operational execution, consistent project delivery and leadership in safety and sustainability,” said Gary Goldberg, Chief Executive Officer.

Goldcorp Announces Support for Newmont Special Dividend

GOLDCORP INC. announced today that it has consented to Newmont Mining Corporation paying a one-time special dividend to its shareholders conditional on the approval of the Newmont resolutions by the Newmont stockholders and the Arrangement resolution by the Goldcorp shareholders relating to the Arrangement, which was previously announced on January 14, 2019. Goldcorp continues to recommend that its shareholders vote in favour of the completion of the Arrangement.

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