Tuesday, June 07, 2022

#ExploringMining #Podcast 281 - News from (NYSE: $RIO) (NYSE: $AU) (TSXV: $LMS.V) (TSXV: $BME.V) (NYSE: $AEM) (TSXV: $BRO.V)


#ExploringMining #Podcast 281 - News from (NYSE: $RIO) (NYSE: $AU) (TSXV: $LMS.V) (TSXV: $BME.V) (NYSE: $AEM) (TSXV: $BRO.V)        


Vancouver, Kelowna, Delta, BC, June 7, 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.


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Read this in full at https://www.investorideas.com/news/2022/exploring-mining/06071RIO-AU-LMS-BME-AEM-BRO.asp


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Rio Tinto Group (NYSE:RIO) has signed a Memorandum of Understanding (MOU) with German steel producer Salzgitter Group “to work together towards carbon-free steelmaking by studying optimisation of Rio Tinto’s high-quality Canadian and Australian iron ore products for use in Salzgitter’s SALCOS green steel project in Germany.” Rio Tinto’s Chief Commercial Officer, Alf Barrios, said:


"We welcome the chance to work with Salzgitter on ways to accelerate green steelmaking, in keeping with our commitment to reduce emissions across the steel value chain.


"Salzgitter has one of the world’s most advanced green steelmaking projects. Rio Tinto is excited at the opportunity of supplying our product and combining our technical expertise with that of Salzgitter to help advance the SALCOS project."


AngloGold Argentina Exploraciones S.A., a wholly-owned subsidiary of AngloGold Ashanti Limited (NYSE:AU), has entered into a binding option agreement with Latin Metals Inc. (TSXV:LMS), wherein the latter has granted AngloGold the option to earn up to an 80 percent interest in its Organullo, Ana Maria, and Trigal Gold projects in the Salta Province of northwestern Argentina. Keith Henderson, President and CEO of Latin Metals, said:


“AngloGold Ashanti is the fourth largest gold producer globally, with operations across four continents. AngloGold’s investment of up to USD $12.575 million for a 75% ownership interest in the Projects is a significant investment and, if AngloGold were to exercise its top-up right for an aggregate 80% ownership, additional investments by AngloGold would include delivery of a Mineral Resource estimate and further cash payments commensurate with defined ounces to Latin Metals.”


Barsele Minerals Corp. (TSXV:BME) has shared an operational update for ongoing exploration activities at the Barsele Gold-VMS Project area in Västerbottens Län in northern Sweden. The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited (NYSE:AEM). From January 1 and May 31, 2022 geophysical surveys, base of till sampling, plus MEFFA (multi-element fine fraction analysis) surface till sampling and more have been done “to define precious/base metal anomalous areas. All this work has been carried out in preparation for this year's diamond drill campaign.”


Barksdale Resources Corp. (TSXV:BRO) has reported positive results from its first phase of metallurgical test work on copper mineralization at the San Javier copper-gold project in Sonora, Mexico. Rick Trotman, the company’s President and CEO of Barksdale, explained:


"The results of the San Javier column leach testing program have demonstrated strong recoveries of oxide copper while also shedding considerable light on the potential for a low-cost style operation that doesn't require agglomeration and has low acid consumption. These initial metallurgical recovery parameters will assist in the calculation of our initial resource at Cerro Verde and will also feed into a preliminary economic study."


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