Category: Investor’s Corner

Starcore Reports Q3 Results

Starcore International Mines Ltd. has filed the results for the third quarter ended January 31, 2019 for the Company and its mining operations in Queretaro, Mexico. The full version of the Company’s Financial Statements and Management’s Discussion and Analysis can be viewed on the Company’s website at www.starcore.com, or SEDAR at www.sedar.com.

Newmont Mining Corporation Commences Exchange Offers and Consent Solicitations

Newmont Mining Corporation today announced that, in connection with the anticipated combination of Newmont and Goldcorp Inc., Newmont has commenced offers to exchange any and all outstanding notes issued by Goldcorp for (1) up to $2,000,000,000 aggregate principal amount of new notes to be issued by Newmont and (2) cash, in each case, as set forth in the table below.

Teck Reports 2018 Sustainability Performance

“Our ability to operate in a socially and environmentally responsible way is foundational to our success as a business, and an important part of who we are as a company,” said Don Lindsay, President and CEO. “That’s why at Teck we make sustainability a part of everything we do. Throughout 2018, we were able to advance our work in sustainability while at the same time achieving record revenues, record EBITDA and record annual profit.”

Leagold Announces 2018 Earnings, Including AISC of $974/oz and AISC Margin of $83.2 Million

Leagold CEO Neil Woodyer commented: “2018 was a transformational year as we grew into a diversified, multi-mine operator with four mines in two countries. In only two years, we have completed two significant acquisitions and established Leagold as a mid-tier gold producer. We are now producing gold at an annual rate of about 400,000 oz per year. Our internal growth projects have potential to grow production to 700,000 oz per year. These growth projects are the expansion of the Los Filos mine complex and the restart of construction of the Santa Luz project. Both have recently completed feasibility studies. We are advancing with construction planning and optimizing the sequencing of the major expansion projects as part of our financial planning.”

Goldcorp Announces Change to Board of Directors Following the Arrangement

GOLDCORP INC. announced today that Mr. Ian Telfer, the Chairman of Goldcorp, has informed Newmont Mining Corporation that he will not be joining the Newmont Goldcorp Board of Directors upon completion of the proposed acquisition of Goldcorp by Newmont. Mr. Telfer is focusing all of his efforts on having the Goldcorp shareholders approve the pending transaction with Newmont.

Southern Copper eyes lithium project in Mexico: CEO

Southern Copper Corp, one of the world’s biggest copper producers, is considering an investment in a lithium project in Mexico that has also attracted interest from a Chinese firm, the company’s chief executive told Reuters on Wednesday.

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