Point Roberts, WA and Delta, BC – May 6, 2021 (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.
Listen to the podcast:
Exploring Mining Podcast Episode 165 – News from (TSXV: FOR) (OTC: FYBYF) (NYSE: GOLD) (NYSE: AG) (TSXV: BEX)
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Fortune Bay Corp. (
TSXV:FOR
) (
OTC:FTBYF
) has
filed
a Technical Report for the Goldfields property in northern Saskatchewan, Canada. Highlights from the mineral resource estimate include: Indicated Mineral Resources of 975,000 oz of gold (22.6 million tonnes at an average grade of 1.34 g/t), and Inferred Mineral Resources of 176,000 oz of gold (6.0 million tonnes at an average grade of 0.92 g/t).
Barrick Gold Corporation (
NYSE:GOLD
) has
reported
its results for the first quarter of 2021, indicating that all its Tier One gold mines delivered strong financial performances, and that “revenue from its copper mines rose by 31% due to higher copper prices.” CEO Mark Bristow said:
“The rise in the gold price has prompted a resurgence of the short-termism which has plagued the market, with some investors focusing on short-term gains rather than sustainable growth. But Barrick is building a business for the long term and our focus remains firmly on the future and on the creation and delivery of long-term value to our shareholders and all our other stakeholders.”
First Majestic Silver Corp. (
NYSE:AG
) has
reported
its financial results for the first quarter ended March 31, 2021. Highlights include revenue of $100.5 million, which is 17 percent higher than Q1 2020, and includes “a record $4.8 million from silver coins and bullion sales from the Company’s online retail store.” Keith Neumeyer, First Majestic’s President and CEO, commented:
“Strong metal sales, robust silver prices and higher-than-normal premiums for coins and bullion generated healthy revenues, earnings and cash flows during the first quarter. Due to the high demand for physical coins and bullion, our online retail store generated $4.8 million in silver sales during the quarter, or approximately 5% of our $101 million in total quarterly revenues, representing a new record in its 13-year online history. Furthermore, due to the current demand, the Company is working with numerous mints and refiners to direct as much silver sales as it can through its online store as possible.”
Benton Resources Inc. (
TSXV:BEX
) has, pending approval by the TSX Venture Exchange,
optioned
the Kepenkeck gold project from prospectors Kevin and Alan Keats in central Newfoundland, Canada. According to the press release, “the Company believes this represents a great addition to its gold portfolio and will immediately apply for exploration work permits including a detailed Magnetic and VLF airborne survey to be followed by prospecting and mapping.”
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