#ExploringMining #Podcast
Episode 185 – #Mining #Stocks News from (NYSE: $NEM) (NYSE: $GOLD) (ASX:NCM)
(TSXV: $AGL.V)
Point Roberts WA, Delta BC, July 15, 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 announced that its Board of
Directors has approved advancing the Ahafo North Project
into the execution phase. According to the press release, the project will
include four open pit mines and the construction of a stand-alone mill.
Newmont’s President and CEO, Tom Palmer, commented:
“I
am pleased to announce the approval of full funding for the Ahafo North
Project, expanding our existing footprint in Ghana and adding more than three
million ounces of gold production over an initial 13-year mine life. The
development of this prolific ore body will leverage our proven operating model
and will be supported by our existing world-class Ahafo South operation. The
project will be developed and operated in a sustainable and responsible manner
to create value for all our stakeholders."
Barrick Gold Corporation (NYSE:GOLD) is on track to achieve its 2021
guidance, having today reported preliminary Q2 sales of 1.07 million
ounces of gold and 96 million pounds of copper, as well as preliminary Q2
production of 1.04 million ounces of gold and 96 million pounds of copper. The
company’s preliminary Q2 gold production was lower than Q1, on account of
maintenance and mechanical failures, but its “preliminary Q2 copper production
was slightly higher than Q1.”
Newcrest Resources Inc., a wholly-owned subsidiary of
Newcrest Mining Limited (ASX:NCM), has reported initial results of its program on the
Fortuity 89 epithermal gold property in Nevada. The company’s President and
CEO, Mark Fields, said:
"We
are very pleased that Newcrest has rapidly advanced Fortuity 89 and
successfully identified prospective targets for a drill program. Discovery
Harbour's own Caldera drill program is planned to get underway in early August.
Fortuity 89 and Caldera are only a few kilometres apart with similar geology
and gold deposition models. It is an exciting time for Discovery Harbour
shareholders with drill programs expected for both properties."
Aguila American Gold Limited (TSXV:AGL) has acquired 100 percent of the Cora copper
project, located in Pinal County, Arizona, through staking. The press release
indicates that the project lies centrally within the Arizona copper belt, near
“world class porphyry, VHMS and skarn type copper projects.” Aguila’s President
and CEO, Mark Saxon, said:
"We
have been progressively and patiently assessing projects, and Cora stands out
as a significant copper prospect in one of the world's premier copper producing
regions. The timing could not be better, as secure global copper supplies are
tightening, coinciding with strong demand growth as a result of a global infrastructure,
electrification and renewable energy boom. We look forward to applying modern
exploration techniques to this under explored district."
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