#ExploringMining #Podcast
Episode 170 – #Mining #Stocks News from (NYSE: $RIO) (NYSE: $NGD)
(NYSEAmerican: $GPL) (TSXV: $RMI.V)
Point Roberts WA, Delta BC, May 25, 2021 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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Rio Tinto Group (NYSE:RIO) has signed a Memorandum of
Understanding (MoU) with European battery technology and manufacturing company
InoBat “to accelerate the establishment of a "cradle
to cradle" battery manufacturing and recycling value chain in Serbia.”
Marnie Finlayson, managing director of Rio Tinto’s borates and lithium
businesses, explained:
"This
collaboration with InoBat will enable an important exchange of knowledge and
information on lithium processing, recycling and technologies for the next
generation of batteries. It is a visionary initiative and one that is aligned
with Rio Tinto’s commitment to partnerships that provide solutions to combat
climate change."
New Gold Inc. (NYSE:NGD) has announced that “the Mines Act permit enabling
mining of the B3 zone was issued by the Ministry of Energy, Mines and Low Carbon
Innovation.” The company’s President and CEO, Renaud Adams, explained:
"This
is a significant milestone for the New Afton Mine. With the receipt of the B3
permit, ore extraction activities will begin this quarter and ramp-up over the
year. C-Zone development continues to advance with C-Zone extraction expected
to begin in the second half of 2023."
Great Panther Mining Limited (NYSEAmerican:GPL) has provided an operational update for its
wholly-owned mining operation, Tucano, in Brazil. Mining operations at the
Urucum Central South (UCS) open pit of the operation have been temporarily
halted to ensure workers’ health and safety following the detection of wall
movements brought on by above seasonal average rainfall. Rob Henderson,
President & CEO of Great Panther, said:
"We
are working with our consultants to make operations safe, with the expectation
that mining of the higher-grade gold ore in the UCS pit will start back up
again in the third quarter of this year. As a consequence, 2021 consolidated
guidance is being reduced by 10,000 ounces to 125,000 to 140,000 gold
equivalent ounces."
Ridgestone Mining Inc. (TSXV:RMI) has started permitting for drill programs at both
the Guadalupe y Calvo (GyC) gold-silver project in Chihuahua State and the
Rebeico copper-gold project in Sonora State, Mexico. CEO Jonathan George said:
"We
are excited to advance both projects to allow for drilling later this year. The
maiden resource tabled for our GyC gold-silver project represents the beginning
of a much larger story for the Company. At Rebeico, we are highly encouraged by
the preliminary results from the recently-completed exploration program and
look to announce assay results in the coming weeks. Our team has identified a
number of highly-prospective new target areas, including the past-producing El
Cobre copper mine, which has seen little to no modern-day exploration."
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