Aura Declares Extraordinary Dividend of CAD$4 Million

“Aura continues to be driven by a strategy to deliver shareholder value. This dividend is the result of significant progress and our operational performance achieved over the past two years,” said Mr. Rodrigo Barbosa, President and CEO of Aura.

Mako Mining Enters into Letter of Intent to Sell Mexican Operations

Akiba Leisman Chief Executive Officer of Mako states that, “we are happy that we have entered into an LOI to sell our Mexican operations to our neighbor. We are nearly finished producing gold at La Trinidad, and the sale of our Mexican operations will allow us to focus solely on our San Albino gold project currently under development in Nicaragua.”

Coeur Provides 2019 Exploration Update

Coeur’s top exploration priority at Palmarejo in 2019 was to continue locating thicker zones of mineralization near the Guadalupe and Independencia mine complexes with the goal of discovering new resources and extending mine life.

CZL Board Succession Planning

Mr Stephen Copulos stated “the executive team lead by our Managing Director Mr Brad Marwood has done a tremendous job over the last 12 months completing a transformational change for the Company by commencing production at Plomosas and increasing ownership of Plomosas from 51% to 100% whilst mining safely at Plomosas with no environmental or safety incidents. My aim was to retire from the board on completion of all these achievements.”

Hecla Ramping up Lucky Friday to Full Production

“For much of 2019 we have employed a number of hourly workers who, combined with our salaried workforce, have operated the Lucky Friday on a limited basis,” said Phillips S. Baker, Jr., President and CEO. “We will now accelerate hiring and utilizing contractors with the goal of reaching full production by year-end 2020.”

Resource Expansion Drilling Underway at Loma Bonita

Managing Director Tony Rovira stated, “Following receipt of environmental approvals last week, preparation of access tracks and drill sites and drill rig mobilisation commenced immediately and drilling at the Loma Bonita deposit is now underway.”

Newmont Agrees to Sell its Interests in KCGM to Northern Star for $800 Million

Under terms of the agreement, Newmont will receive $800 million in cash for its interests in KCGM, inclusive of a $25 million payment that gives Northern Star specified exploration tenements, transitional services support and an option to negotiate exclusively for 120 days the purchase of Newmont’s Kalgoorlie power business for fair market value.

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