#ExploringMining #Podcast
298 - News from (NYSE: $AA) (NYSE: $HL) (NYSEAmerican: $AXU) (NYSE: $EXK)
(NYSEAmerican: $NGD)
Vancouver, Kelowna, Delta, BC, September
8, 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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Alcoa Corporation (NYSE:AA) has announced that it has received certification
from the Aluminium Stewardship Initiative (ASI) for its Poços de Caldas
operations in Brazil. This means that now all of the company’s operating
locations in Brazil are ASI certified, and brings the global number of
ASI-certified Alcoa sites to 17. Otavio Carvalheira, Alcoa’s President of
Brazil and Vice President of Operations, said:
"This
certification marks an important milestone in our efforts to ensure that all of
our Brazilian operations adhere to the highest sustainability standards. It
demonstrates our commitment to our stakeholders that we always strive to
operate safely, with protection of the environment and respect for people, and
to produce products that will create a more sustainable future."
Hecla Mining Company (NYSE:HL) has completed the acquisition of Alexco Resource
Corp. (NYSEAmerican:AXU). Phillips S. Baker, Jr.,
Hecla’s President & CEO, explained:
"With
the world’s increasing demand for silver for clean energy, Hecla is helping
meet that demand as the world’s fastest growing established silver miner. Since
2010, Hecla has increased silver production by more than 25%. With the
additional production from Alexco’s Keno Hill, and the continued production
growth from Greens Creek and Lucky Friday, we expect Hecla to produce 17-20
million ounces per year in the next few years, which is 30 to 55% more than
2021. Hecla’s silver production is in the United States where it already
produces 40% of all the silver mined and, with Keno Hill, Hecla is on the path
of being Canada’s largest silver producer as well."
Endeavour Silver Corp. (NYSE:EXK) has reported positive drill results from its
ongoing drill program at its Parral project in the Mexican state of Chihuahua.
According to the press release, Endeavour has drilled over 5,300 meters in 23
holes since April this year, making for a total of 8,100 meters year to date.
Dan Dickson, the company’s CEO, said:
“In
the areas of the El Verde and Sierra Plata historically mined areas, we
continue to verify extensions of the mineralized zones at depth and along
strike. The focus for the rest of the year will be to test the northern part of
the project with a surface drilling program on various north to south striking
structures, such as the northern extension of Veta Colorada, San Alberto and
the El Cabezón systems; as well as resuming drilling of the San Patricio vein.”
New Gold Inc. (NYSEAmerican:NGD) has shared drill results for the underground
exploration program on its New Afton Mine and has provided an update on
additional exploration activities at its operations. The company’s President
and CEO, Renaud Adams, explained:
"New
Afton's underground exploration program is focused on increasing higher-grade
Mineral Resources to enhance the near-term mine plan and extend the mine life.
We are focused primarily on three key initiatives. The first involves defining
the higher-grade zone within the upper portion of the East Extension. The
second is to explore the potential down plunge extension of the higher-grade
zone, and the third initiative is to test for additional mineralization beneath
the higher-grade zone. The upper portion of the East Extension continues to
return gold and copper assay results well above the current Mineral Reserve
grades, while the lower portion down plunge and the D-Zone remain open. Given
the lateral proximity to the C-Zone, the East Extension appears to have the
potential to bring additional higher-grade reserves at a low development cost
into the mine plan in the near-to mid-term."
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