“Our significant investment in exploration continues to drive value across our asset base with another substantial increase in Mineral Reserves, marking the sixth consecutive year of growth.”
“Coeur’s sustained focus on brownfield exploration investment has been incredibly successful and continues to be a key differentiator. Over the past five years, our gold and silver mineral reserves have increased 40% and 48%, respectively, net of depletion, and our gold and silver mineral resources have grown considerably,” said Mitchell J. Krebs, Chairman, President and Chief Executive Officer.
“Coeur’s sustained focus on brownfield exploration investment has been incredibly successful and continues to be a key differentiator. Over the past five years, our gold and silver mineral reserves have increased 40% and 48%, respectively, net of depletion, and our gold and silver mineral resources have grown considerably,” said Mitchell J. Krebs, Chairman, President and Chief Executive Officer.
In aggregate, the Company issued 21,439,900 Units in the second closing for aggregate gross proceeds of CAD$1,607,992.50.
Coeur Mining, Inc. is pleased to announce the completion of its acquisition of SilverCrest Metals Inc. by Coeur pursuant to the definitive agreement previously announced in the joint news release of Coeur and SilverCrest dated October 4, 2024.
“Through our optimization of drilling productivity and innovation efforts, we successfully reduced costs by approximately 8%. The exploration program continued to yield exciting results at our key mines and pipeline projects, which drove the replacement of our mineral reserves and the increase in our inferred mineral resources by nearly 10%, primarily from additions at Detour Lake, Canadian Malartic and Hope Bay,” said Guy Gosselin, Agnico Eagle’s Executive Vice-President, Exploration.
“I’m pleased to report another year of record operational and financial performance, achieving our production and cost guidance. We are very proud of our team’s work to control costs, which, coupled with a favourable gold price environment, has resulted in record operating margins. This success, along with capital discipline, has enabled us to reduce net debt by $1.3 billion since the beginning of the year and return close to $1.0 billion dollars to our shareholders,” said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.
Colibri Resource Corporation is pleased to announce that, further to its news release of January 31, 2025, it has closed, subject to final TSX Venture Exchange acceptance, a first tranche of its previously announced non-brokered private placement of units for aggregate gross proceeds of $140,400.
Canuc Resources Corporation and Macdonald Mines Exploration Inc. are pleased to announce, further to their respective press releases dated December 3rd, 2024, that they have entered into a definitive arrangement agreement pursuant to which Canuc will acquire all of the issued and outstanding shares of Macdonald Mines.
In 2025, the Company expects to achieve total attributable production from its four operating mines in Mexico of between 27.8 to 31.2 million silver equivalent ounces, including 13.6 to 15.3 million ounces of silver.
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