Barrick Gold

Barrick Supports Consolidated Standard for Responsible Mining

Retrieved on: 
Tuesday, November 28, 2023

TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – The Copper Mark, Mining Association of Canada, ICMM and the World Gold Council today announced their intention to work together to consolidate their respective responsible mining standards into one single standard.

Key Points: 
  • TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – The Copper Mark, Mining Association of Canada, ICMM and the World Gold Council today announced their intention to work together to consolidate their respective responsible mining standards into one single standard.
  • Barrick supports this initiative and has been an advocate of this consolidation for many years.
  • “Having one standard for responsible mining will not only provide clear direction on what good should look like but would reduce the complexity that exists with the numerous standards currently in circulation,” said Barrick president and chief executive Mark Bristow.
  • Barrick is actively involved in the development of the standard and has representation on the Industry Advisory Board as well as oversight as a member of three of the founding partners.

Robert Chiasson Steps Down; Mike Rawle Appointed as Nexus Industrial REIT’s Chief Financial Officer

Retrieved on: 
Tuesday, November 21, 2023

TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today that Mike Rawle has been appointed Chief Financial Officer (“CFO”) of Nexus Industrial REIT, effective January 8, 2024.

Key Points: 
  • TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today that Mike Rawle has been appointed Chief Financial Officer (“CFO”) of Nexus Industrial REIT, effective January 8, 2024.
  • Mr. Rawle will replace Robert Chiasson, who is stepping down from his role as CFO to pursue other opportunities.
  • Mr. Rawle earned a Bachelor of Commerce degree from Queen’s University and is a Chartered Professional Accountant and a CFA Charterholder.
  • “Mike is an accomplished leader with a proven track record of navigating complex financial challenges and interacting with the financial community,” said Kelly Hanczyk, Chief Executive Officer of the REIT.

Silvercorp Adds New General Manager for Tanzania Project

Retrieved on: 
Thursday, December 28, 2023

VANCOUVER, BC, Dec. 28, 2023 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to announce the hiring of Mr. Kevin Moxham as General Manager of Tanzania Projects effective January 1, 2024.

Key Points: 
  • VANCOUVER, BC, Dec. 28, 2023 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to announce the hiring of Mr. Kevin Moxham as General Manager of Tanzania Projects effective January 1, 2024.
  • Reporting to the CEO and the President, Mr. Moxham's main responsibility will be to lead the construction and commissioning of the Nyanzaga Gold Project, along with related infrastructure, in Tanzania, once Silvercorp has assumed effective control of the project.
  • Prior to joining Silvercorp, Mr. Moxham most recently served as Executive General Manager of the Khoemacau Copper Mine in Botswana where he was instrumental in facilitating its sale to MMG Limited for approximately US$2 billion in November 2023.
  • Dr. Rui Feng, Chairman and CEO of Silvercorp, commented, "We are very pleased to welcome Kevin to the Silvercorp team.

Ma’aden to play pivotal role in addressing industry challenges at Future Minerals Forum 2024

Retrieved on: 
Monday, November 13, 2023

Ma’aden, the largest multi-commodity natural resources company in the Middle East, will play a central role again in discussions shaping the global minerals sector during FMF 2024 in January.

Key Points: 
  • Ma’aden, the largest multi-commodity natural resources company in the Middle East, will play a central role again in discussions shaping the global minerals sector during FMF 2024 in January.
  • FMF 2024 will convene government leaders, mining executives, investors, and other stakeholders to drive partnership and growth contributing to a sustainable sector and strengthening global minerals supply chains.
  • The Forum plays a key role in supporting investment and partnerships in Saudi Arabia and globally.
  • FMF 2024 is expected to have an even wider reach, with a focus on actionable solutions to the challenges facing the mining and minerals sector.

Coeur Appoints Rob Krcmarov to Board of Directors

Retrieved on: 
Tuesday, December 12, 2023

Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced the appointment of Mr.

Key Points: 
  • Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced the appointment of Mr.
  • Rob Krcmarov to the Company’s Board of Directors, effective December 11.
  • An international mining executive and geologist, Mr. Krcmarov has held leadership roles at site, regional and corporate levels throughout his approximately 35 years in the natural resources industry.
  • I am looking forward to contributing to Coeur’s exciting future in my capacity as a board member.”

Golden Minerals Reports Third Quarter 2023 Financial Results

Retrieved on: 
Friday, November 10, 2023

Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results and a business summary for the quarter ending September 30, 2023.

Key Points: 
  • Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results and a business summary for the quarter ending September 30, 2023.
  • During the third quarter of 2023, the Company continued to process material which had been stockpiled from the Rodeo mine.
  • The lower net operating margin in the third quarter 2023 compared to the third quarter of 2022 was due mainly to the processing of the stockpiled material in the third quarter 2023 which had lower grades than the mined material processed in the third quarter of 2022.
  • This Form 10-Q is available on the Company’s website at Golden Minerals Company - SEC Filings .

Taseko Mines Announces Senior Management Appointments

Retrieved on: 
Monday, November 20, 2023

VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) ("Taseko" or the "Company") is pleased to announce the following executive management appointments.

Key Points: 
  • VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) ("Taseko" or the "Company") is pleased to announce the following executive management appointments.
  • Richard joined Taseko in 2014 as General Manager of the Gibraltar Mine before transitioning to the corporate leadership team where he has been acting as Senior Vice President, Operations in recent years.
  • He previously held senior operating and management roles with Peabody Australia, Westmoreland Coal and Teck Resources.
  • Stuart McDonald, President and CEO of Taseko, commented, "These changes to our senior operating team provide additional management capacity to support our growth plan and strategy of becoming a North America focused, multi-asset copper producer.

U.S. Gold Corp. to Participate at 2023 Mines and Money @ Resourcing Tomorrow Conference in London

Retrieved on: 
Wednesday, November 15, 2023

CHEYENNE, Wyo., Nov. 15, 2023 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) ("U.S. Gold" or the "Company") is pleased to announce that it will be presenting and exhibiting at the Mines and Money @ Resourcing Tomorrow conference (the "Conference"), to be held in London at the end of November.

Key Points: 
  • CHEYENNE, Wyo., Nov. 15, 2023 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) ("U.S. Gold" or the "Company") is pleased to announce that it will be presenting and exhibiting at the Mines and Money @ Resourcing Tomorrow conference (the "Conference"), to be held in London at the end of November.
  • The Conference will be held in-person at the Business Design Centre in London, UK from November 28-30, 2023.
  • Many of the world's largest mining companies will be attending and presenting, including Barrick Gold Corporation, BHP Group Limited and Rio Tinto Group.
  • The Company expects to have a full schedule of one-on-one meetings at the conference in addition to George Bee's presentation.

Tsinghua forum explores modern global governance

Retrieved on: 
Monday, November 13, 2023

Therefore, the forum aims to explore ways to create a more open, inclusive, collaborative, and diverse governance model within the context of modernization, effectively addressing global challenges and promoting global development.

Key Points: 
  • Therefore, the forum aims to explore ways to create a more open, inclusive, collaborative, and diverse governance model within the context of modernization, effectively addressing global challenges and promoting global development.
  • Sponsored by Tsinghua University and the Chinese Public Administration Society, the Modern Governance Forum was organized by the School of Public Policy and Management at Tsinghua University (Tsinghua SPPM).
  • The forum later split into two sub-forums: "Governance Modernization and State Development" and "Public Governance and Global Governance," presided by Zheng Yadong, executive vice president and secretary general of the 8th Council of the Chinese Public Administration Society and Peng Zongchao, Party secretary of Tsinghua SPPM, respectively.
  • Additionally, as global governance enters a new stage, characterized by competitions and collaborations around technological dominance, it reshapes the pattern of international governance.

B2Gold Reports Q3 2023 Results; 2023 Total Gold Production Guidance Reiterated; Full-Year Cash Operating Costs Forecast to be Below Guidance Range and Full-Year All-In Sustaining Costs Forecast to be at the Low End of Guidance Range

Retrieved on: 
Wednesday, November 8, 2023

Cash operating costs (refer to “Non-IFRS Measures”) for the third quarter of 2023 were $785 per gold ounce produced ($744 per ounce gold sold).

Key Points: 
  • Cash operating costs (refer to “Non-IFRS Measures”) for the third quarter of 2023 were $785 per gold ounce produced ($744 per ounce gold sold).
  • Lower diesel fuel costs also contributed to the lower than anticipated cash operating costs per ounce produced.
  • The Otjikoto Mine in Namibia is expected to produce between 190,000 and 210,000 ounces of gold in 2023.
  • For the first nine months of 2023, Otjikoto's cash operating costs per ounce and all-in sustaining costs per ounce were below expectations due to a weaker Namibian dollar.