#ExploringMining #Podcast
290 - News from (ASX:NCM) (NYSE: $AA) (TSXV: $BNCH.V) (CSE: $ORGN.C)
Vancouver, Kelowna, Delta, BC, July 22,
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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podcast:
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Newcrest Mining Limited (ASX:NCM) has published its fourth quarter report for June
2022. Highlights include gold production of 637koz and copper production of
39kt. The company’s Managing Director and CEO, Sandeep Biswas, explained:
"Newcrest
delivered a strong fourth quarter to achieve our group gold production for the
year. Over the last four quarters we have steadily increased our gold and
copper production, driving lower group All-In Sustaining Costs and delivering a
record breaking annual cost performance at Cadia. We were particularly pleased
to record a fourth consecutive quarter of lower group costs during this
challenging inflationary environment.”
Alcoa Corporation (NYSE:AA) has reported its second quarter 2022 financial
results. Highlights include a revenue increase to $3.6 billion, and an adjusted
net income of $496 million. Alcoa President and CEO Roy Harvey explained:
"We
had a strong first half of 2022 with nearly $2 billion in Adjusted EBITDA and
cash flows that have enabled more buybacks under our existing stock repurchase
program as well as continued quarterly dividend payments. We have returned more
than $380 million so far this year to our investors, and today we announced an
additional $500 million authorization for future stock repurchases.
"As
we progress into the remainder of this volatile year, we remain focused on our
strategic priorities and our vision to reinvent the aluminum industry for a
sustainable future.”
Benchmark Metals Inc. (TSXV:BNCH) has shared an update on exploration drill target
planning near the Kodah and Round Mountain occurrences, in the northwest
portion of the Lawyers Gold-Silver project. According to the press release, the
company is completing ground-based magnetics, bedrock mapping and additional
rock prospecting in the aforementioned occurrence areas “to further develop
prospective drill targets.” CEO John Williamson said:
"The
Kodah and Round Mountain targets represent additional exciting opportunities
for new discoveries that have never been drill-tested. The robust soil
anomalies and excellent precious metals grades in rock grab sampling over these
areas have strong similarities to the geochemical signatures at the existing,
large deposits at the Lawyers Gold-Silver Project. We look forward to
completing the final ground magnetics and prospecting passes at Kodah and Round
Mountain to finalize high-confidence drill targets.”
Origen Resources Inc. (CSE:ORGN) has started its inaugural drill program at the 100
percent owned LGM property in the Golden Triangle of northwest British
Columbia, Canada. According to the press release, drilling has already
commenced at one of three high priority targets called the Hidden Gold Zone.
The company’s President, Blake Morgan, said:
"After
multiple seasons of systematic geological work the Origen team is thrilled to
be drilling these high calibre targets on the LGM property. This phase one
drill program will give Origen a good look at what we feel are significant
copper-molybdenum porphyry and gold systems.”
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