#ExploringMining#
Podcast - News from #Mining #Stocks (NYSE: $HBM) (NYSE: $CDE) (TSXV: $WGO.V)
(TSXV: $SSVR.V)
Vancouver, Kelowna, Delta, BC, June 22,
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/2023/062223-Mining.mp3
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Hudbay Minerals Inc. (NYSE:HBM) has completed its acquisition of Copper Mountain
Mining Corporation, rendering the latter as a wholly-owned subsidiary.
According to the press release, the resulting combined company is now the third
largest copper producer in Canada based on 2023 estimated copper production.
Peter Kukielski, Hudbay’s President and CEO, said:
“We
look forward to the formal integration of Copper Mountain into our
complementary portfolio of operating assets. By applying our technical
expertise, we expect to unlock significant annual operating efficiencies and
synergies at the mine to drive further value for shareholders. This transaction
creates a larger, more resilient operating platform that enhances our copper
exposure, accelerates our deleveraging efforts, and positions us to more
efficiently allocate capital to prudently advance our enviable organic growth
pipeline.”
Coeur Mining, Inc. (NYSE:CDE) has posted plans for a sustained 24-month
exploration program beginning July 1, 2023 at its expanding high-grade
Silvertip polymetallic exploration project in northern British Columbia,
Canada. The company’s President and CEO, Mitchell J. Krebs, explained:
"Silvertip
is one of the highest-grade undeveloped carbonate replacement deposits in the
world, hosting large and growing resources of silver, zinc and lead—three
minerals already playing key roles in the accelerating transition to a net-zero
emissions global economy. Located in British Columbia, recent drilling at
Silvertip has also identified a suite of other key critical minerals that may
further support the growing strategic value of this deposit for Canada and for
Coeur as a key driver of future growth."
White Gold Corp. (TSXV:WGO) has announced the start of exploration diamond
drilling at the Vertigo target on the JP Ross property located in the White
Gold District, west-central Yukon, Canada. The drilling, according to the press
release, aims to “test a revised structural interpretation including
identification of multiple untested vein sets and potential for high-grade bulk
tonnage gold and silver mineralization.”
Summa Silver Corp. (TSXV:SSVR) has acquired an additional 3,985 acres of mineral
rights at its high-grade silver-gold Mogollon Project near Silver City, New
Mexico. The company’s CEO, Galen McNamara, explained:
"Given
our strong belief that the Mogollon Project could be one of the great precious
metal-rich vein fields left remaining in the United States, increasing the size
of the project largely through inexpensive claim staking was a key step for us.
To the north, new veins and vein-extensions have already been identified that
are marked by the presence of historic prospect pits, portals and shafts. These
historic workings have long been forgotten and are likely well over a century
old. To the south at the historic Deadwood Mine, the Company has acquired
historic data showing zones of strong mineralization in the old mine workings
that we are currently digitizing."
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