Kinross Gold

Kinross to announce Q3 results on November 8, 2023

Retrieved on: 
Wednesday, October 4, 2023

TORONTO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) will release its financial statements and operating results for the third quarter of 2023 on Wednesday, November 8, 2023, after market close.

Key Points: 
  • TORONTO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) will release its financial statements and operating results for the third quarter of 2023 on Wednesday, November 8, 2023, after market close.
  • On Thursday, November 9, 2023, at 8:00 a.m.
  • ET Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session.
  • The call-in numbers are as follows:
    Canada & US toll-free – 1 (888) 330-2446; Passcode: 4915537
    Outside of Canada & US – 1 (240) 789-2732; Passcode: 4915537
    Canada & US toll-free – 1-800-770-2030; Passcode: 4915537
    Outside of Canada & US – 1-647-362-9199; Passcode: 4915537

Marathon Gold Announces Management Appointments

Retrieved on: 
Wednesday, September 13, 2023

TORONTO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) announces certain changes to the Company’s senior management team.

Key Points: 
  • TORONTO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) announces certain changes to the Company’s senior management team.
  • Mr. Gil Lawson will be joining Marathon in the role of Chief Operating Officer, effective October 1, 2023.
  • Mr. Lawson is an experienced mining professional with over 36 years of experience in project development, mine planning, and mine management.
  • Mr. Lawson will be replacing Mr. Tim Williams, Chief Operating Officer of Marathon since 2020, who is returning to his native Australia for family reasons.

White Gold Corp. Intersects Broad Zones of Near Surface Gold Mineralization including 3.38 g/t Au over 53 m at Betty Ford Target, and 1.4 g/t Gold over 58.4 m at Vertigo Target, White Gold District, Yukon, Canada

Retrieved on: 
Thursday, September 7, 2023

The JP Ross property is road accessible and located in a prolific placer camp with significant recorded placer gold production.

Key Points: 
  • The JP Ross property is road accessible and located in a prolific placer camp with significant recorded placer gold production.
  • “We are pleased to encounter near surface high-grade gold mineralization over such a broad zone at Betty Ford which remains open for expansion.
  • The diamond drilling at Vertigo has improved our structural interpretation of the known mineralization controls at this high-grade gold target.
  • Details on the Betty Ford target are provided in a news release issued by the Company on July 6, 2023 (available on SEDAR+).

Contango ORE Announces Year End Results

Retrieved on: 
Wednesday, September 13, 2023

Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) announced today it filed its Form 10-K for the year ended June 30, 2023 with the Securities and Exchange Commission.

Key Points: 
  • Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) announced today it filed its Form 10-K for the year ended June 30, 2023 with the Securities and Exchange Commission.
  • The Company reported a net loss of $39.7 million or a loss of $5.61 per basic and diluted share for the year ended June 30, 2023 compared to a net loss of $23.5 million or a loss of $3.49 per basic and diluted share for the prior year.
  • The primary reason for the increase in net loss in 2023 is due to an increase in pre-production costs for development and construction at the Company’s 30% interest in the Manh Choh mine, which is being operated by Kinross Gold Corporation (‘Kinross”).
  • The Manh Choh mine celebrated the commencement of mining operations with a ground-breaking ceremony on August 29, 2023.

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on: 
Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold.  A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.  The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand).  The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others."  Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points: 
  • A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
  • It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
  • The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
  • Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on: 
Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold.  A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.  The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand).  The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others."  Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points: 
  • A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
  • It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
  • The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
  • Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

White Gold Corp. Commences Maiden Diamond Drilling at Cali Target on Nolan Property, Yukon, Canada

Retrieved on: 
Tuesday, August 15, 2023

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce the commencement of its maiden diamond drilling program at the Cali target on the Nolan property, in the White Gold District, situated in the west-central region of the Yukon, Canada (Figure 1).

Key Points: 
  • TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce the commencement of its maiden diamond drilling program at the Cali target on the Nolan property, in the White Gold District, situated in the west-central region of the Yukon, Canada (Figure 1).
  • Cam Norton, Exploration Manager for White Gold states, “The maiden diamond drilling of the Cali target represents an exciting opportunity for White Gold.
  • The property hosts several identified gold exploration targets including the Cali, Nine, Nine Southeast, Boucher and Mount Hart targets.
  • The Cali target located in the north-central part of the property lies directly on or adjacent to the Sixtymile-Pika Fault, as do several other gold occurrences (e.g.

Kinross announces routine renewal of NCIB

Retrieved on: 
Friday, August 4, 2023

TORONTO, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross” or the “Company”) (TSX: K, NYSE: KGC) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the notice filed by the Company to renew its normal course issuer bid (“NCIB”) program.

Key Points: 
  • TORONTO, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross” or the “Company”) (TSX: K, NYSE: KGC) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the notice filed by the Company to renew its normal course issuer bid (“NCIB”) program.
  • All shares purchased by the Company under the NCIB program will be cancelled.
  • Outside of these pre-determined black-out periods, any repurchases of common shares will be repurchased in accordance with management’s discretion, subject to applicable law.
  • Although the Company has a present intention to acquire its common shares pursuant to the NCIB program, the Company will not be obligated to make any purchases under this NCIB.

Kinross declares quarterly dividend

Retrieved on: 
Wednesday, August 2, 2023

TORONTO, Aug. 02, 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 second quarter of 2023.

Key Points: 
  • TORONTO, Aug. 02, 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 second quarter of 2023.
  • The dividend is payable on September 8, 2023, to shareholders of record as of the close of business on August 24, 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.

Elevation Gold Announces Appointment of Alan Edwards as Director

Retrieved on: 
Thursday, July 20, 2023

VANCOUVER, BC, July 20, 2023 /PRNewswire/ - Elevation Gold Mining Corp. (TSXV: ELVT) (OTCQX: EVGDF) (the "Company" or "Elevation Gold") is pleased to announce the appointment of Mr. Alan Edwards to the Board of Directors of the Company, effective July 20, 2023.

Key Points: 
  • VANCOUVER, BC, July 20, 2023 /PRNewswire/ - Elevation Gold Mining Corp. (TSXV: ELVT) (OTCQX: EVGDF) (the "Company" or "Elevation Gold") is pleased to announce the appointment of Mr. Alan Edwards to the Board of Directors of the Company, effective July 20, 2023.
  • Mr. Edwards has more than 40 years of diverse mining industry experience, including various executive and director roles.
  • Mr. Edwards holds an MBA (Finance) from the University of Arizona and a B.S.
  • Douglas Hurst, Chairman of the Company stated, "I am very excited and pleased to welcome Alan Edwards to the Board of Directors of Elevation Gold.