#ExploringMining #Podcast
- News from #Mining #Stocks (NasdaqGS: $SSRM) (NYSE: $HBM) (NYSE: $FSM)
(ASX:AX) (TSXV: $ANTL.V)
Vancouver, Kelowna, Delta, BC, May 9,
2023 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:
https://www.investorideas.com/Audio/Podcasts/2023/050923-Mining.mp3
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at: https://www.investorideas.com/news/2023/exploring-mining/05091SSRM-HBM-FSM-AX-ANTL.asp
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SSR Mining Inc. (NasdaqGS:SSRM) has reached an agreement to acquire an up to 40 percent interest in, and
operational control of, the Hod Maden gold-copper development project, in
northeastern Turkey, from Lidya Mines. Rod Antal, President and CEO of SSR
Mining, said:
“Following
our review and after discussions with our joint venture partners, we believe
there are several positive operational value levers as well as exploration
potential beyond the existing life of mine plan that was presented in the 2021
Feasibility Study. We will now spend the next twelve months updating the
existing technical report for these value enhancing opportunities, as well as
to account for changes in market conditions.”
Hudbay Minerals Inc. (NYSE:HBM) has released its first quarter 2023 operating and
financial results. Some highlights include the consolidated production of
22,562 tonnes of copper and 47,240 ounces of gold, and net earnings of $5.5
million. Peter Kukielski, the company’s President and CEO, said:
“We
continue to be on track to achieve higher production and cash flows in 2023 as
we successfully managed the recent Peru logistical interruptions to ensure
steady operations at Constancia and are executing initiatives to increase the
output from our Lalor mine in Snow Lake.”
Fortuna Silver Mines Inc.
(NYSE:FSM) has entered into a definitive Scheme
Implementation Deed to acquire Chesser Resources Limited (ASX:AX). This will expand Fortuna’s presence
in West Africa to include the preliminary economic assessment stage Diamba Sud
Gold Project in Senegal, described as “one of the new and emerging gold
discoveries in the region.” Jorge A. Ganoza, President & CEO of Fortuna,
explained:
“In
a short time, Chesser has done a great job advancing Diamba Sud from
early-stage exploration to a PEA-stage project with multiple targets yet to be
tested. Within the larger and diversified Fortuna portfolio, the advancement of
Diamba Sud will benefit from our technical and operational strength and lower
cost of capital.”
Antler Gold Inc. (TSXV:ANTL) has entered into an agreement to sell its 100
percent interest in certain mineral claims comprising the Crescent Lake Lithium
Project in Ontario, Canada to Midex Resources Ltd. Christopher Drysdale,
Antler’s CEO, explained the move:
"I
am pleased to announce the sale of the Crescent Lake Lithium Project to Midex
Resources Ltd., a highly regarded lithium explorer, paving the way for the
successful development of the lithium potential on this Property. The sale of
the Property allows Antler to focus on its existing projects while pursuing
other opportunities, along with maintaining a significant equity investment in
an active Canadian Lithium explorer."
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