#ExploringMining #Podcast Episode 64– #Mining
#Stock News from (NYSE: $NEM) (NYSE: $IAG) (TSXV: $OCG.V) (TSXV: $APN.V)
Point Roberts WA, Delta
BC, May 5, 2019 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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this in full at https://www.investorideas.com/news/2020/exploring-mining/05051NEM-IAG-OCG-APN.asp
Newmont Corporation (NYSE:NEM) has announced its first quarter 2020 results.
Highlights include production of $1.5 million attributable ounces of gold, $939
million of cash generated from continuing operations, and a first quarter
dividend of $0.25 per share, which represents an increase of 79 percent over
the prior year’s quarter. Newmont President and CEO Tom Palmer said:
"We
are responding to COVID-19 from a position of strength, taking proactive steps
to prioritize the well-being of our employees and the communities in which we
operate. These unprecedented times further highlight the importance of a proven
operating model, talented workforce and the ability to adapt to dynamic
circumstances quickly and with care for all stakeholders.”
IAMGOLD Corporation (NYSE:IAG) has reported its consolidated financial and
operating results for the quarter ended March 31, 2020. Results include 170,000
ounces in attributable gold production, revenues of $274.5 million, and 159,000
ounces in attributable gold sales from continuing operations. IAMGOLD President
and CEO Gordon Stothart said:
"IAMGOLD
benefited from strong revenues on higher gold prices in the quarter, generating
$44 million in operating cash flow, notwithstanding the rapid onset of the
COVID-19 crisis toward the end of the quarter.”
Outcrop Gold Corp. (TSXV:OCG) has resumed drilling at the Santa Ana high-grade
silver-gold project in Colombia. According to the press release, this second
phase of the property’s drilling program “will extend through the end of the
calendar year and into the first quarter of 2021, providing sustained news flow
of drill and surface assays for the next eleven months.” With regard to working
amid the COVID-19 crisis, an excerpt from the press release reads:
Outcrop
submitted a formal action plan demonstrating its adherence to guidelines to
both the Ministry and the Mayor of Falan, the community nearest the project.
Outcrop
in consultation with and as advised by the municipality of Falan, continues to
provide basic food items to local communities and continues to contribute to a
local COVID-19 general response fund managed by Falan.
Altiplano Metals Inc. (TSXV:APN) has announced that “the 86.5 m Hugo decline
extension has reached the planned 382 level and the crosscut has intersected
the Farellon Vein system as anticipated.” The company’s CEO Alastair McIntyre
explained:
"The
decline extension is part of Altiplano's ongoing expansion plans at the
historic Farellon mine designed to access lower levels of Cu-Au mineralization.
By opening the 382 and the 389 levels, in addition to recovering the remaining
material from the upper levels, this block opens new accesses expanding the
bulk sampling program. I am also pleased to report that the work was completed
on time and budget, while continually operating within safety and COVID-19
protocols."
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