#ExploringMining #Podcast
Episode 125 – #Mining #Stocks News from (NYSE: $RIO) (ASX:NCM) (NYSE: $AGI)
(TSXV: $WHM.V)
Point Roberts WA, Delta BC, December 10,
2020, 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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podcast:
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Rio Tinto Group (NYSE:RIO) has disclosed to the Australian Securities
Exchange (ASX) a maiden Ore Reserve and updated Mineral Resource at the 100
percent-owned Jadar lithium-borates project in western Serbia. According to the
press release, “the Jadar project has the potential to produce both battery
grade lithium carbonate and boric acid,” the former of which gives the company
the “potential to provide lithium products,” to the electric vehicle (EV)
market, and the latter of which is “a key raw material for advanced glass and
fertilizer products and would be integrated with and complimentary to Rio
Tinto’s established position in this market.”
Newcrest Mining Limited (ASX:NCM) has announced its Initial Inferred Mineral
Resource estimate at the Havieron Project in Paterson Province, Western
Australia. The company’s CEO and Managing Director, Sandeep Biswas, explained:
"It
is an incredible achievement that Newcrest and our joint venture partner,
Greatland Gold, have been able to deliver an Inferred Mineral Resource estimate
for Havieron in such a short timeframe. This is an important milestone in the
journey to fully define the potential of the Havieron Project, with drilling
results outside of the mineral resource supporting the potential of a larger
mineral resource over time."
Alamos Gold Inc. (NYSE:AGI) has provided its 2021 production and operating
guidance. Some highlights include production growth with guidance of 470,000 to
510,000 ounces of gold, an increase of 17 percent over 2020, and an exploration
budget increase to $50 million, up from $36 million in 2020. John A. McCluskey,
President and CEO of Alamos Gold, said:
“This
has been a transformational year for Alamos. Operationally, we continue to
execute and remain on track to achieve our 2020 production, cost, and capital
guidance. We also delivered on several significant catalysts which have
solidified our strong outlook. We completed the lower mine expansion at
Young-Davidson, transitioned to strong free cash flow generation in the third
quarter, and began construction on the high-return La Yaqui Grande project and
Phase III Expansion at Island Gold.”
White Metal Resources Corp. (TSXV:WHM) has received assay results from 299 rock samples,
with the highest being 16.2 g/t Au, that it collected from the Tower Stock Gold
Property near Thunder Bay, Ontario, Canada. The company’s President and CEO,
Michael Stares, said:
“We
are very pleased with the grab sample assay results received to date. In
addition to discovering new areas of elevated gold mineralization, this
sampling program corroborates the presence of elevated gold concentrations on
the Property and at many of the historical locations. I look forward to
finishing the data compilation and moving the drill rig onto the Property early
in the new year. Given the number of gold showings and different styles of gold
and base metal mineralization on the Property, I am very excited about the
Property potential to host an economic gold deposit or deposits."
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