Kinross Gold

Kinross completes US$500 million unsecured 10-year notes offering to refinance its outstanding notes due 2024

Retrieved on: 
Mittwoch, Juli 5, 2023

The notes are senior unsecured obligations of Kinross and are unconditionally and irrevocably guaranteed by certain of Kinross’ wholly-owned subsidiaries that are also guarantors under Kinross’ senior unsecured credit agreements.

Key Points: 
  • The notes are senior unsecured obligations of Kinross and are unconditionally and irrevocably guaranteed by certain of Kinross’ wholly-owned subsidiaries that are also guarantors under Kinross’ senior unsecured credit agreements.
  • Kinross intends to use the net proceeds from the offering to redeem all US$500 million aggregate principal of its outstanding 5.95% senior notes due 2024 (the “2024 Notes”).
  • As of the date of this news release, Kinross has not issued a notice of redemption in respect of the 2024 Notes.
  • This news release shall not constitute a notice of redemption with respect to the 2024 Notes.

White Gold Corp. Announces Commencement of Diamond Drilling at the Vertigo target on the JP Ross Property, White Gold District, Yukon, Canada

Retrieved on: 
Mittwoch, Juni 21, 2023

Vertigo is road accessible which has provided the opportunity to commence work on this project as the company prepares for it upcoming diamond drilling on its Betty and Nolan properties.

Key Points: 
  • Vertigo is road accessible which has provided the opportunity to commence work on this project as the company prepares for it upcoming diamond drilling on its Betty and Nolan properties.
  • “We are excited to kick off our 2023 exploration program with the commencement of diamond drilling at the Vertigo target.
  • Diamond drilling at Vertigo designed to test a revised structural interpretation including identification of multiple untested vein sets and potential for high-grade bulk tonnage gold and silver mineralization.
  • The road accessible Vertigo target is located on the JP Ross property approximately 80 km south of Dawson City.

SILVER ONE ACQUIRES 100% OF THE PAST PRODUCING CANDELARIA SILVER MINE PROJECT, NEVADA

Retrieved on: 
Mittwoch, Mai 31, 2023

VANCOUVER, BC, May 31, 2023 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has acquired a 100% interest in the past producing Candelaria silver mine project in Nevada from SSR Mining Inc. ("SSR Mining").

Key Points: 
  • VANCOUVER, BC, May 31, 2023 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has acquired a 100% interest in the past producing Candelaria silver mine project in Nevada from SSR Mining Inc. ("SSR Mining").
  • Greg Crowe, President and CEO of Silver One commented: "Securing the 100% interest in Candelaria represents a major milestone in the Company's history.
  • Silver One entered into an agreement with SSR Mining in 2017, giving Silver One the ability to acquire a 100% interest in the project.
  • As part of its acquisition of the Candelaria silver mine project, the Company did not grant a royalty to SSR Mining.

SILVER ONE ACQUIRES 100% OF THE PAST PRODUCING CANDELARIA SILVER MINE PROJECT, NEVADA

Retrieved on: 
Mittwoch, Mai 31, 2023

VANCOUVER, BC, May 31, 2023 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has acquired a 100% interest in the past producing Candelaria silver mine project in Nevada from SSR Mining Inc. ("SSR Mining").

Key Points: 
  • VANCOUVER, BC, May 31, 2023 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has acquired a 100% interest in the past producing Candelaria silver mine project in Nevada from SSR Mining Inc. ("SSR Mining").
  • Greg Crowe, President and CEO of Silver One commented: "Securing the 100% interest in Candelaria represents a major milestone in the Company's history.
  • Silver One entered into an agreement with SSR Mining in 2017, giving Silver One the ability to acquire a 100% interest in the project.
  • As part of its acquisition of the Candelaria silver mine project, the Company did not grant a royalty to SSR Mining.

Contango ORE Announces Completion of S-K 1300 Technical Report Summary for Its Manh Choh Project in Alaska

Retrieved on: 
Freitag, Mai 26, 2023

Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary (“TRS”) on the Manh Choh Project (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A.

Key Points: 
  • Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary (“TRS”) on the Manh Choh Project (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A.
    Rick Van Nieuwenhuyse, the Company’s President and Chief Executive Officer said: “With the completion of the tolling agreement with the Fort Knox Mine, we were able to complete the TRS.
  • Contango also owns a 100% interest in approximately 167,000 acres of State of Alaska mining claims through Contango Mineral Alaska, LLC, its wholly owned subsidiary, which gives Contango the exclusive right to explore and develop minerals on these lands.
  • A copy of the S-K 1300 Feasibility Study for the Manh Choh project can be found on our website: https://www.contangoore.com/investors/overview .
  • The TRS was prepared in accordance with S-K 1300 and was filed on May 26, 2023 with the SEC through EDGAR on Form 8-K.

Contango ORE Announces Earnings For the Quarter Ended March 31, 2023

Retrieved on: 
Mittwoch, Mai 17, 2023

Contango ORE, Inc. (“Contango,” "CORE" or the “Company”) (NYSE American: CTGO) announced that it had a net loss of $(7.9) million, or $(1.09) per basic and diluted share, for the three months ended March 31, 2023 compared to a net loss of $(6.8) million or $(1.01) per basic and diluted share for the same period last year.

Key Points: 
  • Contango ORE, Inc. (“Contango,” "CORE" or the “Company”) (NYSE American: CTGO) announced that it had a net loss of $(7.9) million, or $(1.09) per basic and diluted share, for the three months ended March 31, 2023 compared to a net loss of $(6.8) million or $(1.01) per basic and diluted share for the same period last year.
  • For the nine months ended March 31, 2023, the Company reported a net loss of $(29.3) million, or $(4.23) per basic and diluted share, compared to a net loss of $(16.3) million or $(2.42) per basic and diluted share for the same period last year.
  • The Company also announced that it raised $6.9 million in cash, as a result of some of its warrant holders early exercising their warrants.
  • The Company also announced that it filed its Form 10-Q for the quarter ended March 31, 2023, with the Securities and Exchange Commission.

Gold Mining Industry Booms as Investors Seek Safe Haven Amid Market Volatility

Retrieved on: 
Montag, Mai 15, 2023

NEW YORK, May 15, 2023 /PRNewswire/ -- The gold mining industry is a crucial part of the global economy, generating billions of dollars in revenue each year. Gold has been a valuable commodity for centuries, and its status as a safe haven investment continues to drive demand for the precious metal. The basic economics of the gold mining industry are fairly simple: gold is mined from the earth, refined, and sold to buyers around the world. The price of gold is determined by supply and demand factors, including the amount of gold available for sale, the level of demand from investors, and the strength of the global economy. One of the main drivers of demand for gold is its use as a store of value. In times of economic uncertainty or market volatility, investors often turn to gold as a safe haven investment to protect their wealth. This is because gold is viewed as a reliable hedge against inflation and currency devaluation. As such, gold tends to perform well when other asset classes, such as stocks and bonds, are underperforming. Over the past six months, the price of gold has risen approximately 20%, to more than $2,000 per ounce. iMetal Resources, Inc. (TSX-V: IMR) (OTC: IMRFF), Hycroft Mining Holding Corporation (NASDAQ: HYMC), Gold Resource Corporation (NYSE: GORO), Kinross Gold Corporation (NYSE: KGC), B2Gold Corp. (NYSE: BTG)

Key Points: 
  • Gold has been a valuable commodity for centuries, and its status as a safe haven investment continues to drive demand for the precious metal.
  • The basic economics of the gold mining industry are fairly simple: gold is mined from the earth, refined, and sold to buyers around the world.
  • In times of economic uncertainty or market volatility, investors often turn to gold as a safe haven investment to protect their wealth.
  • Geographically, gold mining is common in many parts of the world, including Africa, Asia, Australia, and the Americas.

Gold Mining Industry Booms as Investors Seek Safe Haven Amid Market Volatility

Retrieved on: 
Montag, Mai 15, 2023

NEW YORK, May 15, 2023 /PRNewswire/ -- The gold mining industry is a crucial part of the global economy, generating billions of dollars in revenue each year. Gold has been a valuable commodity for centuries, and its status as a safe haven investment continues to drive demand for the precious metal. The basic economics of the gold mining industry are fairly simple: gold is mined from the earth, refined, and sold to buyers around the world. The price of gold is determined by supply and demand factors, including the amount of gold available for sale, the level of demand from investors, and the strength of the global economy. One of the main drivers of demand for gold is its use as a store of value. In times of economic uncertainty or market volatility, investors often turn to gold as a safe haven investment to protect their wealth. This is because gold is viewed as a reliable hedge against inflation and currency devaluation. As such, gold tends to perform well when other asset classes, such as stocks and bonds, are underperforming. Over the past six months, the price of gold has risen approximately 20%, to more than $2,000 per ounce. iMetal Resources, Inc. (TSX-V: IMR) (OTC: IMRFF), Hycroft Mining Holding Corporation (NASDAQ: HYMC), Gold Resource Corporation (NYSE: GORO), Kinross Gold Corporation (NYSE: KGC), B2Gold Corp. (NYSE: BTG)

Key Points: 
  • Gold has been a valuable commodity for centuries, and its status as a safe haven investment continues to drive demand for the precious metal.
  • The basic economics of the gold mining industry are fairly simple: gold is mined from the earth, refined, and sold to buyers around the world.
  • In times of economic uncertainty or market volatility, investors often turn to gold as a safe haven investment to protect their wealth.
  • Geographically, gold mining is common in many parts of the world, including Africa, Asia, Australia, and the Americas.

Kinross announces Annual Shareholder Meeting voting results

Retrieved on: 
Donnerstag, Mai 11, 2023

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) has announced the detailed voting results of the election of its Board of Directors, which took place at the Company’s virtual Annual Meeting of Shareholders on May 10, 2023.

Key Points: 
  • TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) has announced the detailed voting results of the election of its Board of Directors, which took place at the Company’s virtual Annual Meeting of Shareholders on May 10, 2023.
  • The nominees listed in the Management Information Circular dated March 14, 2023, were elected as directors of Kinross at the meeting (see detailed voting results below).

Kinross declares quarterly dividend

Retrieved on: 
Dienstag, Mai 9, 2023

TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the “Company”) today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the first quarter of 2023.

Key Points: 
  • TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the “Company”) today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the first quarter of 2023.
  • The dividend is payable on June 15, 2023, to shareholders of record as of the close of business on June 1, 2023.
  • This dividend qualifies as an “eligible dividend” for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.