#ExploringMining #Podcast – #Mining
#Stocks News from (NYSE: $HL) (NYSE: $CDE) (TSXV: $IPT.V) (TSXV: $BVA.V) (TSX:
$OGC.TO)
Point Roberts WA, Delta
BC, April 7, 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.
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Hecla Mining Company (NYSE:HL) has announced results from its first quarter 2020
gold and silver production. Highlights include silver production of 3 million
ounces and gold production of 57,238 ounces, which according to the press
release, was on plan. Phillips S. Baker, Jr., Hecla’s President and CEO, also
commented on the company’s actions with regard to the COVID-19 pandemic:
"Hecla’s
quick response to the COVID-19 outbreak began in February and has protected our
workforce, enabling them to continue to safely operate our mines. While
government orders have shut down two mines, our U.S. mines continue to operate
as planned. Our balance sheet is strong with over $200 million in cash, and no
near-term debt maturities with our revolver debt not due until 2023 and senior
notes in 2028. Also, our charitable foundation is stepping up to support the
communities we operate in during this time of need."
Coeur Mining, Inc. (NYSE:CDE) has begun taking steps toward the temporary
suspension of active mining and processing activities at its Palmarejo
gold-silver complex in Chihuahua, Mexico. This is being done out of compliance
with the Mexican government’s decree restricting “non-essential” business
activities as a result of the COVID-19 pandemic. According to the press
release, “a reduced workforce will remain onsite during the suspension to
maintain key infrastructure, manage environmental compliance and provide
requisite security. Coeur expects that operations will be able to expeditiously
ramp back up once the decree has been lifted.”
IMPACT Silver Corp. (TSXV:IPT) has released its financial and operating results for
the year ended December 31, 2019. This includes $13.3 million in revenues for
2019, up from $13.1 million in 2018 and attributed to increased grades and
silver prices throughout the year. This is demonstrated in the company’s 2019
production of silver totalling 664,056 ounces, for which it earned a 2 percent
higher revenue than 2018’s total silver production of 743,950 ounces.
Bravada Gold Corporation (TSXV:BVA) is commencing field work at the Highland
Gold/Silver Project, located in
Nevada's Walker Lane Gold trend. According to the press release, the “2020
Phase 1 US$250,000 exploration program will be conducted by Bravada and funded
by Option/Joint-Venture partner OceanaGold US Holdings Inc.
("OceanaGold"), a wholly owned subsidiary of OceanaGold Corp. (TSX:OGC).
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