#ExploringMining #Podcast
252 – (NYSE: $MT) (NYSE: $KGC) (NYSE: $MUX) (NYSEAmerican: $GPL) (TSXV: $APN.V)
Vancouver, Kelowna, Delta, BC, March 3,
2022 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:
https://www.investorideas.com/Audio/Podcasts/2022/030322-Mining.mp3
Read this in full at https://www.investorideas.com/news/2022/exploring-mining/03031MT-KGC-MUX-GPL-SPN.asp
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ArcelorMittal (NYSE:MT) has announced its decision to halt its steelmaking
operations in Kryvyi Rih, Ukraine so as to ensure the safety and security of
its people and assets. This follows a reduction at the plant to approximately
one-third of its normal production levels while the company evaluated the
situation on a daily basis.
Kinross Gold Corporation (NYSE:KGC) is suspending all activities at its Udinsk
development project, is is also in the process of suspending operations at its
Kupol mine in Russia, “with the focus on the safety and well-being of its more
than 2,000 employees and in recognition of its obligations to manage and
mitigate the mine's environmental impact on an ongoing basis.”
McEwen Mining Inc. (NYSE:MUX) has reported its fourth quarter and full year results
for the period ended December 31, 2021. Highlights include the annual
production of 154,410 gold equivalent ounces, and $63.5 million in cash and
liquid assets as of the year’s end. For 2022, the company has increased its
gold equivalent production guidance from 153,000 to 172,000 gold equivalent
ounces (GEOs).
Great Panther Mining Limited (NYSEAmerican:GPL) has shared the consolidated financial results for
the year ended December 31, 2021 from its three wholly-owned primarily silver
mines: the Tucano Gold Mine in Brazil, and Topia and the Guanajuato Mine
Complex in Mexico. Alan Hair, Great Panther's Chair and Interim CEO, explained:
"The
team at Great Panther has worked incredibly hard to overcome the challenges of
last year, and we are now positioned to execute the plan to return Tucano to
steady-state production in 2022. Last year saw a record exploration budget,
particularly at Tucano, successfully defining near-mine and underground
resources that will enable us to accelerate development of a new underground
mine in 2022. Health and safety initiatives remained our top priority against
the backdrop of the ongoing global pandemic and we took measures to preserve
liquidity while safeguarding future production. This year we will invest
further into our land package in Brazil and remain focused on our mandate for
sustainable growth through results-driven exploration programs to replace
resources, extend mine life and make new discoveries."
Altiplano Metals Inc. (TSXV:APN) has provided an update on the exploration
activities at its newly optioned Pastillas gold exploration project in the
Maricunga Gold Belt of the Atacama region in northern Chile. The company’s CEO
Alastair McIntyre said:
"We
are excited to get boots on the ground in the Maricunga Gold District of Chile
and begin our field work program at Pastillas. Our initial mapping program will
provide guidance for future sampling programs, geophysical surveys with the
goal of ultimately identify potential drill targets."
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