Kinross Gold

ASANTE GOLD ANNOUNCES NEW EXECUTIVE APPOINTMENTS

Retrieved on: 
Monday, August 15, 2022
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Dave Anthony, President and CEO of Asante, stated, "We are very pleased to welcome Juliet and Adriano to the Asante team.

Key Points: 
  • Dave Anthony, President and CEO of Asante, stated, "We are very pleased to welcome Juliet and Adriano to the Asante team.
  • Coming right on the heels of our acquisition of the Chirano Gold Mine, these new appointments position Asante to unlock value through synergies from Bibiani and Chirano mines.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects in Ghana.
  • Asante is currently operating the Bibiani Gold Mine with forecast production of 175,000 oz of gold over the next 12 months, has completed the acquisition of the Chirano Gold Mine, an operating open-pit and underground mining operation located immediately south of the Bibiani Gold Mine, and is developing to production its Kubi Gold Mine, all located on the prolific Bibiani and Ashanti Gold Belts.

ASANTE ANNOUNCES CLOSING OF ACQUISITION OF THE CHIRANO GOLD MINE IN GHANA

Retrieved on: 
Wednesday, August 10, 2022
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In connection with the closing of the Chirano Acquisition (Closing), the Purchase Agreement was amended to, among other things, reduce the cash consideration payable by Asante on Closing.

Key Points: 
  • In connection with the closing of the Chirano Acquisition (Closing), the Purchase Agreement was amended to, among other things, reduce the cash consideration payable by Asante on Closing.
  • Canaccord Genuity Corp. and Durose Asset Management Inc. acted as financial advisors to Asante, and Bennett Jones LLP acted as legal advisor to Asante, in connection with the Chirano Acquisition.
  • Chirano is an operating open-pit and underground mining operation located in southwestern Ghana, immediately south of the Companys Bibiani Gold Mine.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects in Ghana.

Lion One Announces Extension of Tuvatu Mine Lease to 2035

Retrieved on: 
Monday, August 8, 2022
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North Vancouver, British Columbia--(Newsfile Corp. - August 8, 2022) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") announces that the Government of Fiji has granted an extension of the Tuvatu Mining Lease (SML 62) for an additional 10 year term renewable on Feb. 28, 2035.

Key Points: 
  • North Vancouver, British Columbia--(Newsfile Corp. - August 8, 2022) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") announces that the Government of Fiji has granted an extension of the Tuvatu Mining Lease (SML 62) for an additional 10 year term renewable on Feb. 28, 2035.
  • SML 62 is the Company's cornerstone permit enabling Lion One to build mining and milling operations at Tuvatu, forming part of its 100% owned, high-grade Tuvatu Alkaline Gold Project, located 24km from Fiji's International Airport in Nadi.
  • This lease extension sends a clear message to the world that Fiji continues to be open to public markets which can access critical capital to enable responsible mining projects to be built.
  • Lion One's flagship asset is 100% owned, fully permitted high grade Tuvatu Alkaline Gold Project, located on the island of Viti Levu in Fiji.

Kinross announces senior management changes

Retrieved on: 
Friday, July 29, 2022
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Mr. Schimper has more than 30 years of mining experience and first joined Kinross in 2010, holding progressively more senior operational roles within the Company, most recently as Executive Vice-President, Operations with oversight of the Russia and West Africa regions.

Key Points: 
  • Mr. Schimper has more than 30 years of mining experience and first joined Kinross in 2010, holding progressively more senior operational roles within the Company, most recently as Executive Vice-President, Operations with oversight of the Russia and West Africa regions.
  • Ned Jalil will take on an expanded role as Senior Vice-President, Technical Services, to lead Kinross Technical Services function, reporting directly to Paul Rollinson.
  • Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile, Ghana and Canada.
  • Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

Kinross announces renewal of share buyback program

Retrieved on: 
Thursday, July 28, 2022
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TORONTO, July 28, 2022 (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, July 28, 2022 (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.
  • Kinross is committed to enhancing shareholder returns through programs such as a share buyback and its quarterly dividend, which are underpinned by the Companys investment grade balance sheet, strong free cash flow position and growing production profile from its global portfolio.
  • This strong foundation places Kinross in an excellent position to continue generating substantial value for its shareholders.
  • Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

Contango ORE Announces Feasibility Study Results and Construction Decision on Manh Choh

Retrieved on: 
Thursday, July 28, 2022
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Contango ORE, Inc. (Contango, CORE or the Company) (NYSE American: CTGO) announced that a major milestone has been achieved at the Companys 30% owned Manh Choh gold project.

Key Points: 
  • Contango ORE, Inc. (Contango, CORE or the Company) (NYSE American: CTGO) announced that a major milestone has been achieved at the Companys 30% owned Manh Choh gold project.
  • Kinross Gold Corporation, the owner of KG Mining (Alaska), LLC, which is the 70% owner, operator and manager of the Peak Gold LLC joint venture (JV) and Manh Choh, announced the results of the Feasibility Study (FS) for the Manh Choh project ahead of schedule.
  • The FS outlines a plan to batch process the high grade approximately 8g/t Manh Choh ore through Kinross' Fort Knox mill.
  • Since the Peak Gold JV is proposing to use the Fort Knox facilities to process the Manh Choh ore, the Companys economics are different from those in Kinross' Feasibility Study.

Kinross declares quarterly dividend

Retrieved on: 
Wednesday, July 27, 2022
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TORONTO, July 27, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the Company) today announced that the Companys Board of Directors has declared a dividend of US$0.03 per common share for the second quarter of 2022.

Key Points: 
  • TORONTO, July 27, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the Company) today announced that the Companys Board of Directors has declared a dividend of US$0.03 per common share for the second quarter of 2022.
  • The dividend is payable on September 1, 2022 to shareholders of record as of the close of business on August 18, 2022.
  • 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.
  • Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile, Ghana and Canada.

ASANTE ANNOUNCES UPDATED NI-43-101 TECHNICAL REPORT FOR THE BIBIANI GOLD MINE

Retrieved on: 
Monday, July 18, 2022
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The mine plan underpinning the Mineral Reserves has been prepared by Mensin Gold Bibiani and reviewed by BARA Consulting.

Key Points: 
  • The mine plan underpinning the Mineral Reserves has been prepared by Mensin Gold Bibiani and reviewed by BARA Consulting.
  • The 2022 Technical Report is intended to be read as a whole and sections should not be read or relied upon out of context.
  • Asante is currently operating the Bibiani Gold Mine with forecast production of 175,000 oz of gold over the next 12 months, is completing the acquisition of the Chirano Gold Mine from Kinross Gold Corporation (the Chirano Acquisition), and is developing to production its Kubi Gold mine, all located on the prolific Bibiani and Ashanti Gold Belts.
  • Bibiani is a historically significant gold mine situated in the Western Region of Ghana, with previous gold production of more than 4Moz.

Asante Announces US$140M Forward Gold Purchase Agreement

Retrieved on: 
Friday, July 15, 2022
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Through this facility Asante obtains an immediate and non-dilutive financing, repayable from gold production.

Key Points: 
  • Through this facility Asante obtains an immediate and non-dilutive financing, repayable from gold production.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects in Ghana.
  • Asante is currently operating the Bibiani Gold Mine with forecast production of 175,000 oz of gold over the next 12 months, is completing the acquisition of the Chirano Gold Mine from Kinross Gold Corporation (the Chirano Acquisition), and is developing to production its Kubi Gold mine, all located on the prolific Bibiani and Ashanti Gold Belts.
  • Bibiani is a historically significant gold mine situated in the western region of Ghana, with previous gold production close to 5 Moz.

Adamera Minerals Corp. Discusses Upcoming Drilling Program for It's Buckhorn Mine Project with The Stock Day Podcast

Retrieved on: 
Thursday, July 14, 2022
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Phoenix, Arizona--(Newsfile Corp. - July 14, 2022) - The Stock Day Podcast welcomed Adamera Minerals Corp. (OTC Pink: DDNFF) ("the Company"), a company exploring for high-grade gold deposits near Republic Washington.

Key Points: 
  • Phoenix, Arizona--(Newsfile Corp. - July 14, 2022) - The Stock Day Podcast welcomed Adamera Minerals Corp. (OTC Pink: DDNFF) ("the Company"), a company exploring for high-grade gold deposits near Republic Washington.
  • Copley began the interview by asking about the Company's current drilling project.
  • "We were able to do a deal with Kinross Gold Corporation for a lot of the older data," continued Kolebaba.
  • "Right now our key project is Buckhorn, which is our flagship project, and that is where the real value is."