#ExploringMining #Podcast Episode 150 – #Mining #Stock News from (NYSE: $NEM) (TSXV: $GTT.V) (NYSE: $INFY) (NYSE: $RIO) (ASX:3DA.AX) (ASX:NCM.AX)
Point Roberts WA, Delta BC, March 11,
2021 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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Newmont Corporation (NYSE:NEM)
has entered into a binding agreement to acquire all of the outstanding shares of GT
Gold Corp. (TSXV:GTT) in cash. The latter’s flagship asset
is the wholly-owned, 47,500 hectare Tatogga property, in the highly prospective
Golden Triangle region of British Columbia, Canada. Ashwath Mehra, Executive
Chair of GT Gold, commented:
“We
are very pleased to be announcing this Transaction with Newmont today,
representing the execution of our plan and the culmination of significant value
creation for GT Gold shareholders since the formation of the Company. The
Transaction is a testament to the years of diligent, professional work by the
entire GT Gold team. My fellow directors and I would like to express our thanks
and appreciation to all who have been involved in successfully advancing the
Tatogga project to this stage from discovery to sale in just over four years.
The Transaction is not only a great outcome for our shareholders, but also one
that we believe will benefit all our rightsholders and stakeholders in the
coming years.”
Infosys BPM, the business process management arm of
Infosys Limited (NYSE:INFY), announced a five-year extension to its
strategic collaboration with Newmont Corporation to standardize and digitize
delivery models across its mine sites. Ryan Plourde, Group Executive of Supply
Chain, Newmont Corporation, commented:
"We
are pleased to continue to partner with Infosys BPM in standardizing and
digitizing supply chain processes across our regions. Infosys BPM's strong
leadership commitment and clear understanding of our operations will enable
significant productivity improvements, service levels improvements, and cost
savings.”
Rio Tinto Group (NYSE:RIO) has signed an agreement to provide a first commercial batch of
high-performance aluminium-scandium alloy from its North American operations to
metal additive manufacturing firm Amaero (ASX:3DA). Amaero CEO Barrie Finnin said:
“This
is an important step in the commercialisation of this high performance alloy
that will be used in our breakthrough 3D metal printing technology. We look
forward to working with Rio Tinto to progress the production of the alloy so we
can commence the qualification process with key customers in the aerospace
sector and other industries."
Newcrest Mining Limited (ASX:NCM) has provided an exploration update for its Red
Chris and Havieron projects. Commenting on the former, Newcrest Managing
Director and CEO Sandeep Biswas said:
"We
are excited to announce the discovery of the East Ridge which is a new zone of
higher grade mineralisation at Red Chris. The initial intercept is open in all
directions, with mineralisation displaying similar characteristics to that of
the high grade pods in the East Zone. Drilling to determine the significance of
this new zone is underway, with the results from this initial intercept
highlighting the potential for additional discoveries at Red Chris."
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