Yamana

Pan American Silver Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Mining, Minerals, Natural Resources, Gold, Reproduction, Pan-American, Yamana, NYSE, MARA, Tax, US, Public expenditure, Silver, News, Acquisition, Pan American Silver, Maintenance, ILO, Morococha, AISC, El, Environment, Yamana Gold, PAAS, Rio Tinto (corporation), Investment, TSX, La Colorada, Bank, Palladium, Cryptocurrency, Atacama Desert, Skarn

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports unaudited results for the quarter ended September 30, 2023 ("Q3 2023").

Key Points: 
  • Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports unaudited results for the quarter ended September 30, 2023 ("Q3 2023").
  • Silver production was at the low end and gold production was slightly below management's guidance ranges for Q3 2023.
  • Silver Segment Cash Costs and All-in Sustaining Costs ("AISC") per silver ounce of $13.13 and $18.19, respectively.
  • A cash dividend of $0.10 per common share with respect to Q3 2023 was declared on November 7, 2023, payable on or about December 1, 2023, to holders of record of Pan American’s common shares as of the close of markets on November 20, 2023.

Allied Gold Corp Limited, Allied Merger Corporation and Mondavi Ventures Ltd. Announce Binding Letter of Intent for Business Combination and Financing for Minimum Proceeds of US$300,000,000

Retrieved on: 
Thursday, May 11, 2023
FOR, Definitive, Coeur Mining, Golden Pride Gold Mine, Yamana Gold, News, Mining, BMO Capital Markets, Letter, General counsel, Finance Secretary (India), OR, AngloGold Ashanti, AMC, Pan American Silver, Silver, Corporation, Blackwell, Agnico Eagle, LLP, NOT, Centamin, Standstill, Gold, Yamana, McCarthy Tétrault, Moelis & Company, Stifel, Funding, NBF, Metallurgy, Sale, Date, Prospectus, Issuer, Paul, Weiss, Rifkind, Wharton & Garrison, Security (finance), Management, Mail, Commercial property, Bay Street, Agent, Escrow, Mondavi

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Allied Gold Corp Limited (“Allied”), Allied Merger Corporation (the “AMC”) and Mondavi Ventures Ltd. (“Mondavi”) are pleased to announce that they have entered into a binding letter agreement dated May 11, 2023 (the “Letter Agreement”) outlining the terms upon which Mondavi, an unlisted reporting issuer in Canada, will enter into a business combination with Allied and AMC pursuant to which the current shareholders of each of Allied and AMC will receive common shares of Mondavi, resulting in a reverse take-over of Mondavi (the “RTO”). The Letter Agreement was negotiated at arm’s length between representatives of Allied, AMC and Mondavi. In this news release, references to the “Resulting Issuer” are to Mondavi after the closing of the RTO, which will be the continuing public issuer carrying on the business of Allied.

Key Points: 
  • The Letter Agreement was negotiated at arm’s length between representatives of Allied, AMC and Mondavi.
  • In this news release, references to the “Resulting Issuer” are to Mondavi after the closing of the RTO, which will be the continuing public issuer carrying on the business of Allied.
  • Allied, AMC and Mondavi will negotiate a definitive agreement (the “Definitive Agreement”), substantially on the terms of the Letter Agreement, in connection with completing the RTO.
  • SCP Resource Finance LP is acting as financial advisor to Allied and AMC in connection with financing matters.

RUGBY RESOURCES LTD. PROVIDES YEAR END EXPLORATION UPDATE

Retrieved on: 
Monday, December 12, 2022
Canadian Securities Administrators, Tax, Mining, COVID-19, Country, Terrorism, Ore, Copper, Soil, Congress, NW, Knowledge, Legislation, National Instrument 43-101, Silver, Yamana, News, Maintenance, Cerro Vanguardia Mine, USD, Starz, Goldcorp, University, AngloGold Ashanti, National instrument, Metal, Molybdenum, Government, Public sector, Ecosystem, Gold, Dec, Acts of the Apostles, ESG, Risk management, Newmont Corporation

That experience provides her the insight for her role as Country Manager. In particular, María Paola will focus on ESG and government relationships.

Key Points: 
  • That experience provides her the insight for her role as Country Manager. In particular, María Paola will focus on ESG and government relationships.
  • Rugby places a high priority on good environmental practices to ensure minimal impact from its activities.
  • Rugby Resources Limited is an exploration company conducting “discovery stage” exploration on a portfolio of copper, gold and silver targets in Colombia, Argentina and Chile.
  • For additional information you are invited to visit the Rugby Resources Ltd. website at www.rugbyresourcesltd.com .

Gold Fields CEO Chris Griffith steps down; Martin Preece appointed interim CEO

Retrieved on: 
Tuesday, December 13, 2022
Mining, Gold Fields, Yamana, De Beers, GFI, DE, Gold, JSE, Yamana Gold, JSE Limited, NYSE, Ministry of Oil and Mineral Reserves (Syria), Resource management, Management

JOHANNESBURG, Dec. 13, 2022 /PRNewswire/ --Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) has announced that Chris Griffith will step down from the Board of Directors and as Chief Executive Officer (CEO) of Gold Fields, effective 31 December 2022.

Key Points: 
  • JOHANNESBURG, Dec. 13, 2022 /PRNewswire/ --Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) has announced that Chris Griffith will step down from the Board of Directors and as Chief Executive Officer (CEO) of Gold Fields, effective 31 December 2022.
  • Gold Fields Chairperson Yunus Suleman said: "We thank Chris for the commitment and dedication he showed as CEO of Gold Fields, especially during the Yamana Gold transaction.
  • A full media release is available on the company website: www.goldfields.com
    Martin Preece joined Gold Fields as Executive Vice President: South Africa in May 2017.
  • Gold Fields Limited is a globally diversified gold producer with nine operating mines in Australia, Peru, South Africa, and West Africa (including the Asanko Joint Venture) and one project in Chile.

Gold Fields Board stands behind existing terms of transaction with Yamana Gold

Retrieved on: 
Monday, November 7, 2022
Gold Fields, Pan-American, JSE, JSE Limited, Pan American Silver, Gold, Resource management, NYSE, Yamana Gold, Silver, New, Yamana, Agnico Eagle Mines Limited, Ministry of Oil and Mineral Reserves (Syria)

JOHANNESBURG, Nov. 7, 2022 /PRNewswire/ --The Gold Fields Board has convened to consider the Joint Offer of Pan American Silver and Agnico Eagle Mines to acquire all of the issued and outstanding common shares of Yamana Gold Inc, based on the information included in the joint press release issued by Pan American and Agnico on 4 November 2022, and the press release issued by Yamana the same day.

Key Points: 
  • JOHANNESBURG, Nov. 7, 2022 /PRNewswire/ --The Gold Fields Board has convened to consider the Joint Offer of Pan American Silver and Agnico Eagle Mines to acquire all of the issued and outstanding common shares of Yamana Gold Inc, based on the information included in the joint press release issued by Pan American and Agnico on 4 November 2022, and the press release issued by Yamana the same day.
  • Full media release is available on the company website:
    Gold Fields is a globally diversified gold producer with nine operating mines in Australia, Chile, Ghana, Peru and South Africa, including the Asanko Joint Venture in Ghana, with total attributable annual gold-equivalent production of approximately 2.3Moz, attributable gold-equivalent Mineral Reserves of 48.6Moz and gold Mineral Resources of 111.8Moz.
  • Gold Fields' shares are listed on the Johannesburg Stock Exchange (JSE) and its American depositary shares trade on the New York Stock Exchange (NYSE).

RUGBY RESOURCES LTD. DISCOVERS NEW COPPER MOLYBDENUM PORPHYRY IN WESTERN COLOMBIA

Retrieved on: 
Monday, October 31, 2022
Legislation, Canadian Securities Administrators, Copper, Government, Ownership, Knowledge, Terrorism, Salvadora, Tax, AAS, Molybdenum, USD, ALS, Goldcorp, Industry, ICP-AES, Contract, Company, ISO, National Instrument 43-101, National instrument, Yamana, Intelligence dissemination management, News, Acts of the Apostles, Data management, Mission statement, Gold, COVID-19, Mining, Newmont Corporation

Figure 2 - Copper mineralisation is primarily bornite (68% copper) as disseminations and rims to chalcopyrite (33% copper).

Key Points: 
  • Figure 2 - Copper mineralisation is primarily bornite (68% copper) as disseminations and rims to chalcopyrite (33% copper).
  • 1 Copper Equivalent (CuEq) grades were calculated using the following formula: CuEq % = Copper (%) + (Molybdenum (%) x 5).
  • Rugby Resources Ltd. is an exploration company conducting discovery stage exploration on a portfolio of copper, gold and silver targets in Colombia, Argentina and Chile.
  • The discovery of significant copper resources is essential for the world to move from fossil fuels to advanced green electrification.

Yamana Announces Expected Filing and Public Availability of Management Information Circular in Connection With the Proposed Arrangement With Gold Fields

Retrieved on: 
Friday, October 21, 2022
News, U.S. Securities and Exchange Commission, Insurance, Chilean peso, Risk, Government, Argentine peso, Canadian dollar, Consultant, Brazilian real, Private Securities Litigation Reform Act, Infection, Company, Silver, Yamana, Legislation, Zinc, Copper, Gold Fields, File, Gold, Steel, Forward-looking statement, Nationalization, COVID-19, Weather, Mining, Regulation, Risk management

Forward-looking information includes, but is not limited to information with respect to the Yamana Meeting including the anticipated timing of filing related documents and the Gold Fields meeting.

Key Points: 
  • Forward-looking information includes, but is not limited to information with respect to the Yamana Meeting including the anticipated timing of filing related documents and the Gold Fields meeting.
  • Forward-looking statements are characterized by words such as plan", expect, budget, target, project, intend, believe, anticipate, estimate and other similar words, or statements that certain events or conditions may or will occur.
  • The Company undertakes no obligation to update forward-looking statements if circumstances or managements estimates, assumptions or opinions should change, except as required by applicable law.
  • The reader is cautioned not to place undue reliance on forward-looking statements.

Yamana Gold Provides Notice of Third Quarter 2022 Results and Notice of Meeting and Record Date for the Proposed Transaction With Gold Fields

Retrieved on: 
Tuesday, October 4, 2022
Gold, Company, GLOBE, GOLD, Yamana, TSX, YRI, Gold Fields, LSE, NYSE, Security (finance)

The Company will host a conference call and webcast to review the results onFriday, October28,2022 at 9:00 a.m. Eastern Daylight Time.

Key Points: 
  • The Company will host a conference call and webcast to review the results onFriday, October28,2022 at 9:00 a.m. Eastern Daylight Time.
  • Yamana further announces that it has filed the required notice setting a record and meeting dates in respect of the special meeting of shareholders to consider the previously announced proposed transaction with Gold Fields Limited (Gold Fields).
  • The Company had been advised that the Gold Fields shareholder meeting will be convened the day after on November 22, 2022.
  • The management information circular in respect of the Companys shareholder meeting is expected to be mailed and posted following the record date.

Glencore to Acquire Newmont’s Stake In MARA Project

Retrieved on: 
Friday, September 23, 2022
Mining, Minerals, Natural Resources, Yamana Gold, TSX, Yamana, NYSE, Sale, Company, NEM, Private Securities Litigation Reform Act, News, Industry, Mining, Gold, Forward-looking statement, MARA, NGT, Copper, Terminology, Silver, Zinc, Lead, Newmont Corporation, Glencore

Today, Glencore International AG (GIAG) and Newmont Corporation (NYSE: NEM, TSX: NGT) announced they have reached an agreement in which Glencore will acquire Newmonts 18.75% shareholding in the MARA Project (MARA).

Key Points: 
  • Today, Glencore International AG (GIAG) and Newmont Corporation (NYSE: NEM, TSX: NGT) announced they have reached an agreement in which Glencore will acquire Newmonts 18.75% shareholding in the MARA Project (MARA).
  • Following completion of the transaction, Glencore will own 43.75% of MARA.
  • The MARA Project, located in the Catamarca province of Argentina, is a joint venture formed in December 2020 between Yamana Gold, Glencore and Newmont following the integration of the Minera Alumbrera plant and mining infrastructure and Agua Rica project.
  • Under the new structure, Yamana Gold Inc. will remain the operator with 56.25% of MARA, with Glencore owning the remaining shares.

RUGBY RESOURCES LTD. ANNOUNCES CAD$2,000,000 NON-BROKERED PRIVATE PLACEMENT

Retrieved on: 
Tuesday, September 20, 2022
Molybdenum, Canadian Securities Administrators, Goldcorp, Yamana, COVID-19, Acts of the Apostles, Terrorism, Knowledge, Legislation, Contract, Company, Industry, Unit, Gold, Government, Copper, Offering, Ownership, GLOBE, Tax, Salvadora, Mission statement, Mining, Newmont Corporation

Vancouver, B.C., Sept. 20, 2022 (GLOBE NEWSWIRE) -- Rugby Resources Ltd. (“Rugby” or the “Company”) (TSX-V: RUG) announces that its board of directors has approved a proposed private placement offering of up to 20,000,000 units (the “Units”) at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 (the “Offering”).

Key Points: 
  • Vancouver, B.C., Sept. 20, 2022 (GLOBE NEWSWIRE) -- Rugby Resources Ltd. (Rugby or the Company) (TSX-V: RUG) announces that its board of directors has approved a proposed private placement offering of up to 20,000,000 units (the Units) at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 (the Offering).
  • Rugby is an exploration company conducting discovery stage exploration on a portfolio of copper, gold and silver targets in Colombia, Argentina and Chile.
  • Rugby looks to advance the Cobrasco copper project to bring economic benefits to the western area of Colombia.
  • The discovery of new copper resources will be required for the world to move away from fossil fuels to advanced electrification.