Vancouver, Kelowna, Delta, BC – April 12, 2022 (Investorideas.com Newswire) 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.
Exploring Mining
has been selected by
Feedspot
panelist as one of the Top 25 Mining Podcasts on the web.
Listen to the podcast:
Exploring Mining Podcast 264 – News from (NYSE: NEM) (OTC: SSUMY) (NYSE: AGI) (NYSE: HL) (NYSE: EXK)
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Newmont Corporation (
NYSE:NEM
) has
announced
that it will acquire the remaining 5% interest in Yanacocha from Sumitomo Corporation (
OTC:SSUMY
) for $48 million. Newmont’s President and CEO, Tom Palmer, explained:
“This transaction gives Newmont full equity ownership of the Yanacocha district where we are positioning the Sulfides project for profitable production and value generation for decades to come. We have deep knowledge of the asset and the value it brings to Newmont stakeholders. We are committed to continuing to be a catalyst for sustainable development in Peru and look forward to continuing to work closely with communities in the Cajamarca region and the Peruvian government.”
Alamos Gold Inc. (
NYSE:AGI
) has
broken
ground at the Island Gold Mine expansion, in a bid to increase production, lower costs, and become an economic engine for the Algoma region in Ontario, Canada. John A. McCluskey, President and CEO of Alamos, said:
“When we first acquired the Island Gold Mine we were aware of its potential. It had 1.8 million ounces of Mineral Reserves and Resources, and through exploration investment we have increased this high-grade deposit to 5.1 million ounces of Mineral Reserves and Resources. By further investing in the Phase III expansion, we will more than double the mine life. This mine will be an economic engine for this region for years to come, and positively impact the closest town of Dubreuilville and surrounding communities.”
Hecla Mining Company (
NYSE:HL
) has
posted
its preliminary silver and gold production for the first quarter of 2022. Highlights include the production of 3.3 million ounces of silver and 41,642 ounces of gold. Phillips S. Baker, Jr., Hecla’s President and CEO, said:
“Hecla is on track to grow silver production this year and for each of the next two years while also being the United States’ third largest zinc producer. Zinc, like silver, is a critical mineral in the energy transition and is approaching its all-time high price set 15 years ago.”
Endeavour Silver Corp. (
NYSE:EXK
) has
shared
its production results for the first quarter of 2022. Highlights include the production of 1,314,955 silver ounces and 8,695 gold ounces, for silver equivalent production of 2.0 million ounces. The company’s CEO, Dan Dickson, said:
“The year is off to a strong start. Operationally, Guanacevi continues to outperform production expectations and Bolañitos remains steady. Strategically, we made a significant move in January signing a definitive agreement to acquire the Pitarrilla Project, one of the world’s largest undeveloped silver deposits. The addition of Pitarrilla, which is expected to close in the second quarter, significantly enhances our already attractive pipeline of growth projects, which also includes Terronera and Parral.”
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