#ExploringMining
#Podcast – #Mining News from (NYSE American: $SILV) (TSX: $SIL.TO) (NYSE: $NEM)
(NYSE American: $BTG) (OTC: $CXBMF) (NYSE: $AG) (CSE: $BULL.C)
Point Roberts WA, Delta BC, October 16,
2019 Investorideas.com, a global investor
news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock
news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE
companies plus interviews with CEO's and leading experts.
Listen
to the podcast:
Read this in full
at https://www.investorideas.com/news/2019/exploring-mining/10161SILV-NEM-BTG-CXBMF-AG-BULL.asp
SilverCrest Metals Inc. (NYSE
American:SILV) (TSX:SIL) has announced underground high-grade vein sampling
results showing positive reconciliation compared to the resource model for the
Babicanora Vein, in Area 51, of the Las Chispas Project in the state of Sonora,
Mexico. N. Eric Fier, SilverCrest President and CEO, commented:
"There
is nothing better for exploring and de-risking a mineral deposit then having
easy U/G access to a wide, steeply dipping, high-grade silver-gold vein like
the Babicanora Vein in Area 51. Systematic detailed sampling and mapping of U/G
blast faces for tracking mined volumes, grades and reconciliation with the
resource model shows our continued conservative nature in estimating grades.
Although the positive 147.7% difference in grade may not be representative for
all of the Babicanora Vein, we do see indications of more very high-grade mineralization
on the next mining level 1111, 15 metres above the current level 1096. We will
continue with vein development on multiple mining levels (15 metres spacing)
and stockpiling this mined material for inspection, feasibility work and
potential future processing. Approximately 400 to 600 more metres of vein
development are planned for 2019 with a stockpiling target of 25,000 to 30,000
tonnes of high-grade material containing 800,000 to 1 million AgEq
ounces."
Newmont Goldcorp Corporation (NYSE:NEM) has announced that the Ahafo Mill
Expansion in Ghana has achieved commercial production, on schedule
and within budget for approximately $175 million. According to the press
release, “the mill expansion is expected to increase Ahafo’s average annual
gold production to between 550,000 and 650,000 ounces per year through 2024,
while lowering life-of-mine processing costs”. Tom Palmer, President and CEO of
Newmont, explained:
“The
Ahafo Mill Expansion represents our third profitable project delivered on
schedule and within budget in 2019, along with the Tanami Power project in
Australia and the Borden mine in Canada. The mill expansion is expected to
generate an internal rate of return of more than 20 percent at a $1,200 gold
price, while also extending profitable production at Ahafo through at least
2029. I continue to be encouraged by Ahafo’s and Ghana’s mineral prospectivity
and the potential for ongoing, profitable growth.”
B2Gold Corp. (NYSE American:BTG) has completed the sale of El Limon and La Libertad
Gold Mines, the Pavon Gold Project and additional mineral concessions in
Nicaragua to Calibre Mining Corp. (OTC:CXBMF) for aggregate consideration of
US$100 million. Clive Johnson , B2Gold's President and CEO, said:
"We
are pleased to join forces with Calibre in Nicaragua to continue our legacy of
ten years of responsible exploration, development and gold production. We are
pleased to become Calibre's largest shareholder and through our roles on their
Advisory Board and Board of Directors, we look forward to assisting Calibre's
experienced executive team and the combined B2Gold/Calibre management team in
Nicaragua.”
First Majestic Silver Corp. (NYSE:AG)
has revealed total production in the third quarter
of 2019 reached 6.6 million silver equivalent ounces, which is a 4% increase
over the prior quarter. The firm’s total production consisted of 3.4 million
ounces of silver, 35,791 ounces of gold, 1.9 million pounds of lead and 1.0
million pounds of zinc. Keith Neumeyer, President and CEO, commented:
“Total
production increased 4% quarter over quarter due to higher grades and
recoveries at both our Santa Elena and La Encantada operations. At La Encantada,
silver recoveries averaged 82%, making it the highest recovery rate since
owning this operation, following successful plant modifications to optimize ore
handling and processing. In addition to higher recoveries, silver grades at La
Encantada increased 59% pushing silver production to the highest level since
2014. Production at Santa Elena also reached a new record as higher gold grades
were produced from the Main Vein and overall higher metallurgical recoveries
were achieved following the start-up of the new HIG mill. This new mill is
proving to be a major asset for this operation and I would like to recognize
our projects and innovations team for a job well done.”
21C Metals Inc. (CSE:BULL) has announced the awarding of a diamond drill contract to Vital
Drilling of Val Caron, Ontario. Commencing within the next week, the contract
comprises 10 to 15 holes and will focus on expanding the Pit Constrained
Inferred Mineral Resource Estimate of 523,000 Palladium Equivalent (PdEq)
ounces and determining a potential higher grade starter pit location.
The
Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com,
iHeartRadio and Google Play Music.
Visit
the Podcast page at Investorideas.com:
Research mining stocks at Investorideas.com with our
mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp
About Investorideas.com - News
that Inspires Big Investing Ideas Investorideas.com
is a recognized news source publishing third party news, research and original
financial content. Learn about investing in stocks and sector trends with our
news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports
biotech, water, renewable energy and more. Investor Idea’s original branded
content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis
News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining, the AI Eye .
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third
party sourced news, articles and equity research as well as creates original
content, including video, interviews and articles. Original content created by
investorideas is protected by copyright laws other than syndication rights. Our
site does not make recommendations for purchases or sale of stocks, services or
products. Nothing on our sites should be construed as an offer or solicitation
to buy or sell products or securities. All investing involves risk and possible
losses. This site is currently compensated for news publication and
distribution, social media and marketing, content creation and more. Disclosure
is posted for each compensated news release, content published /created if
required but otherwise the news was not compensated for and was published for
the sole interest of our readers and followers.
Disclosure: Silvercrest is an annual paid featured company for news and
social media. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp Learn more about
publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com Global investors must adhere to regulations of each
country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Contact
Investorideas.com to be a guest or sponsor this podcast
800-665-0411
No comments:
Post a Comment