Palladium

Calibre’s Q1 Gold Production on Track to Deliver Full Year 2024 Guidance While Advancing Operational Readiness For H1, 2025 First Gold at The Fully Funded Valentine Gold Mine

Retrieved on: 
Tuesday, April 9, 2024
Consolidated, Growth, Gold, ETW, Acquisition, Indication (medicine), TSX, Mineral, CXB, OTCQX, VGM, Process, Reserve, Van Eck, Palladium

We remain on track to deliver full year 2024 production guidance of 275,000 – 300,000 ounces.

Key Points: 
  • We remain on track to deliver full year 2024 production guidance of 275,000 – 300,000 ounces.
  • Since becoming a gold producer during Q4, 2019, Calibre has delivered annual production growth of 28% year on year, with a track record of meeting or beating expectations.
  • 2024 and 2025 will be transformational years, driven by an increase in gold production and significant exploration across the Americas.
  • I am pleased to report the final phases of construction and operational readiness remain on track and fully funded at VGM in preparation for first gold production in H1, 2025 to unlock significant production growth and value for our shareholders.

Probe Gold Completes Acquisition of the Beaufor and McKenzie Break Properties in Val-d’Or, Quebec; Consolidates Gold Resources Around the Novador Project

Retrieved on: 
Wednesday, April 3, 2024
Monarch, Monique, Agreement, Property, GOLD, Gold, Sale, Acquisition, Toronto Stock Exchange, TSX, The McKenzie Break, PRB, VWAP, The, Report, Palladium

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the completion of its previously announced agreement of purchase and sale (the “Agreement”) with Monarch Mining Corporation (“Monarch”) (see press release ‘Probe Gold announces acquisition of the Beaufor and Mckenzie break properties in Val-d’Or, Quebec’). Pursuant to the Agreement, Probe acquired a 100% interest in the McKenzie Break and Beaufor properties (collectively, the “Property”) The Property acquisition extends the Company’s land package adjacent and immediately to the north of the Company’s Novador Project (“Novador”) (see figure 1) and increases Probe’s landholdings in Val-d’Or to 685 square kilometres.

Key Points: 
  • The Beaufor property currently hosts an historic, high-grade, measured and indicated gold resource of 219,200 ounces of gold at 5.3 g/t and inferred mineral resource of 122,500 ounces of gold at 4.7 g/t.
  • This further consolidates the Courvan Gold Trend, which includes the Courvan, Senore and Beaufor deposits.
  • The McKenzie Break Property is proximal to the Company's Novador Project and hosts an historic, high-grade indicated gold resource of 146,000 ounces of gold at 3.2 g/t, with an inferred mineral resource of 250,600 ounces of gold at 3.1 g/t.
  • The Consideration Shares have a hold period of four months and one day from closing date of the Acquisition.

Hecla Announces First Quarter Production

Retrieved on: 
Monday, April 8, 2024
Natural Resources, Other Natural Resources, Mining, Minerals, Silver, Gold, Insurance, Safety, Lucky, Zinc, HL, Growth, Palladium

Hecla Mining Company ( NYSE:HL ) today announced its preliminary production results for the first quarter of 2024.

Key Points: 
  • Hecla Mining Company ( NYSE:HL ) today announced its preliminary production results for the first quarter of 2024.
  • Gold production of 36,592 ounces, in line with prior quarter.
  • Greens Creek silver production increased 10% and gold production in line with prior quarter.
  • Lead production increased 129%; zinc production increased 28% due to ramp-up at Lucky Friday.

In the Light of Revelations, You Need to Preserve Your Wealth with Gold Right Now - Choose American Independence Gold

Retrieved on: 
Tuesday, April 9, 2024
Retirement, Platinum, IRAS, Gold IRA, IRA, PALM, Tranquillity, Palladium, Uncertainty, Gold, Face, Silver, Average revenue per user, Mining

American Independence Gold stands at the forefront of financial security and wealth preservation, championing the strategic advantages of Gold IRAs in an epoch marked by economic unpredictability.

Key Points: 
  • American Independence Gold stands at the forefront of financial security and wealth preservation, championing the strategic advantages of Gold IRAs in an epoch marked by economic unpredictability.
  • American Independence Gold extends an invitation to explore how a Gold IRA can serve as the bedrock of one's financial strategy, providing tranquility in the face of today's uncertainties.
  • American Independence Gold invites taking a decisive step towards securing a financial legacy with gold, the perennial symbol of wealth and security.
  • Contact American Independence Gold today to begin the journey towards a secure financial future with gold, the enduring asset that promises not only security but also prosperity in an ever-evolving world.

Mandalay Resources Corporation Announces Strong Production Results and Growing Cash Balance for First Quarter 2024

Retrieved on: 
Monday, April 8, 2024
Quarter, TSX, Gold, Antimony, Palladium

TORONTO, April 8, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces strong first quarter production results marked by a notable increase in cash balance.

Key Points: 
  • TORONTO, April 8, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces strong first quarter production results marked by a notable increase in cash balance.
  • "We are pleased to report Mandalay's continued operational success in the latest quarter, achieving a solid production result of nearly 25,000 gold equivalent ounces across both operations.
  • This achievement positions the Company on a stable trajectory towards meeting our annual production target of 90,000 – 100,000 gold equivalent ounces.
  • Of significant note, Mandalay bolstered its cash reserves substantially, increasing its cash balance by over $20 million in the quarter, culminating in a closing quarter cash balance of $47 million."

Mandalay Resources Corporation Announces Strong Production Results and Growing Cash Balance for First Quarter 2024

Retrieved on: 
Monday, April 8, 2024
Quarter, The Company, TSX, Gold, Antimony, Palladium

TORONTO, April 8, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces strong first quarter production results marked by a notable increase in cash balance.

Key Points: 
  • TORONTO, April 8, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces strong first quarter production results marked by a notable increase in cash balance.
  • "We are pleased to report Mandalay's continued operational success in the latest quarter, achieving a solid production result of nearly 25,000 gold equivalent ounces across both operations.
  • This achievement positions the Company on a stable trajectory towards meeting our annual production target of 90,000 – 100,000 gold equivalent ounces.
  • Of significant note, Mandalay bolstered its cash reserves substantially, increasing its cash balance by over $20 million in the quarter, culminating in a closing quarter cash balance of $47 million."

Canadian North Resources Reports Substantial Increase of Copper, Nickel, Cobalt, Palladium and Platinum NI 43-101 Compliant Mineral Resources for its 100% owned Ferguson Lake Project in Canada

Retrieved on: 
Tuesday, March 19, 2024
Leapfrog, Technical report, National Instrument 43-101, SRK, PGO, Ferguson Lake, Mineral Resources Limited, Classification, Gold, Copper, News, Strike, NSR, Security (finance), National instrument, Palladium, Mineral, Nickel, Rhodium, NI 43-101, Platinum, CIM, PGM, Cobalt, Resource, Uranium mining

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce an updated Mineral Resource estimate (Table 1) for its 100% owned Ferguson Lake base metal (copper, nickel, cobalt) and platinum group metal (“PGM”, mainly palladium and platinum) project in Nunavut, Canada.

Key Points: 
  • This new Mineral Resource Estimate has demonstrated the project is one of the largest and highest-grade undeveloped critical mineral projects in North America.
  • The Mineral Resources for the Ferguson Lake Project were estimated using Leapfrog Edge™ software.
  • Open pit Mineral Resources are reported at a NSR cut-off value of US$33.00 and underground mineral resources are reported at a NSR cut-off value of US$96.00.
  • The 2022 Mineral Resource Estimate considered recoveries derived from hydrometallurgical testworks to produce the metal products of copper, nickel, cobalt, palladium and platinum.

Silver Institute Membership Continues to Grow

Retrieved on: 
Tuesday, March 12, 2024
Solar energy, Silver, CME Group, Natural Resources, Safe house, Barrick Gold, Gold, Metal, London Bullion Market Association, The Safe House, Palladium, Reserve, Platinum, SMI, GLEN, Mining

WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- The Silver Institute is pleased to welcome five companies to its growing roster of members.

Key Points: 
  • WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- The Silver Institute is pleased to welcome five companies to its growing roster of members.
  • These companies represent key areas of the broader silver industry and are based in Australia, Switzerland, Singapore, and the United States, further expanding the Silver Institute's global footprint.
  • Based in Baar, Switzerland, Glencore produced 23.8 million ounces of silver in 2022, making it the world's fourth-largest silver mining company.
  • Phillips Baker, President and CEO of Hecla Mining Company and the Chairman of the Silver Institute, stated, "We welcome the newest members to the Silver Institute.

Cboe Canada Extends Support of Mining Industry with Uplisting of Denarius Metals

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Natural Resources, Mining, Minerals, Finance, Denarius, Growth, Silver, ETF, Zinc, Copper, Lead, Gold, Acquisition, Metal, Palladium, Nickel, Platinum, DSLV, Committed, Cobalt, Security (finance)

Cboe Canada Inc. (“Cboe Canada”) is excited to welcome polymetallic mining company Denarius Metals Corp. (“Denarius Metals” or the “Company”) as they uplist to Cboe Canada, a Tier 1 stock exchange.

Key Points: 
  • Cboe Canada Inc. (“Cboe Canada”) is excited to welcome polymetallic mining company Denarius Metals Corp. (“Denarius Metals” or the “Company”) as they uplist to Cboe Canada, a Tier 1 stock exchange.
  • Headquartered in Toronto, Canada, Denarius Metals is a mining company focused on the acquisition, exploration, development, and eventual operation of four mining properties in Spain and Colombia.
  • “Congratulations to the team at Denarius Metals as they take the next step in the company’s evolution,” commented Erik Sloane, Global Head of Company Listings at Cboe Canada.
  • “By uplisting to Cboe Canada, Denarius is positioning for growth as they commence mining operations, with access to Cboe’s global investor reach and connectivity.

AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries

Retrieved on: 
Friday, March 15, 2024
Professional Services, Insurance, Finance, ERM, Mutual of Omaha, PRT, Average revenue per user, Risk, ALL, Policy, News, Credit, AM Best, Superior, Palladium

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company (Melville, NY) and United World Life Insurance Company.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company (Melville, NY) and United World Life Insurance Company.
  • Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) of “a” (Excellent) of Mutual of Omaha Insurance Company’s surplus notes.
  • The group (collectively referred to as Mutual of Omaha) is domiciled in Omaha, NE, unless otherwise specified.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .