Palladium

Wesdome Announces Fourth Quarter and Full Year 2023 Production Results; Provides Multi-Year Guidance and Management Update

Retrieved on: 
Monday, January 15, 2024
Gold, Eagle, Rehabilitation, Resource, Public expenditure, Sale, Investment, Evaluation, Mineral, Lens, Palladium

2024 Consolidated Gold production is expected to be between 160,000 and 180,000 ounces, approximately 37% higher than 2023.

Key Points: 
  • 2024 Consolidated Gold production is expected to be between 160,000 and 180,000 ounces, approximately 37% higher than 2023.
  • Production is expected to strengthen in the second half of the year, with the first quarter of 2024 representing approximately 20% of annual output.
  • Kiena gold production of 80,000 to 90,000 ounces represents a significant increase over 2023, as production is expected to be primarily from the Kiena Deep A Zone.
  • The results of 2023 surface drilling at Presqu'île will be incorporated into the Company’s annual Mineral Reserve and Resource update disclosure in March 2024.

NN, Inc. Reports Record-Breaking $62.6 Million of New Business Wins in 2023

Retrieved on: 
Tuesday, January 9, 2024
EVS, Traction, Electricity, Silver, NN, ITAR, Gold, NVH, ISO-9001, Acceleration, EV, EMI, Instrument, Palladium, News, Tin, Nickel, Auction

Ending with a strong second half, this acceleration in new business awards is a direct result of the company’s new transformational business strategy.

Key Points: 
  • Ending with a strong second half, this acceleration in new business awards is a direct result of the company’s new transformational business strategy.
  • NN continues to gain traction with wins in desirable and diversified markets through better focus, targeting and harnessing its collective strengths.
  • The goal is to win business, grow sales and profits.”
    Bevis began as CEO in May 2023 and immediately announced a focused transformation plan, including:
    NN’s $62.6 million in new business wins during 2023 included wins in three key areas:
    Electric vehicle (EV) and hybrid vehicle applications with total wins of approximately $30 million.
  • “Coupled with our revamped approach to operational performance, the company intends for these new business wins to be additive as we increase our customer retention rates on existing business.”

Dundee Precious Metals Achieves 2023 Gold Production Guidance; Announces Timing of Q4/23 Financial Results

Retrieved on: 
Tuesday, January 9, 2024
Bank statement, MD, DPM, Resource, Gold, LOM, PIN, Copper, Mineral, News, Palladium

In 2023, Ada Tepe produced 134,200 ounces of gold, achieving a new record for annual gold production and its annual gold production guidance.

Key Points: 
  • In 2023, Ada Tepe produced 134,200 ounces of gold, achieving a new record for annual gold production and its annual gold production guidance.
  • In the fourth quarter, Chelopech produced approximately 41,900 ounces of gold and 8.2 million pounds of copper, in-line with expectations.
  • In 2023, Chelopech produced approximately 161,900 ounces of gold and 30.5 million pounds of copper, within its annual guidance for gold and copper production.
  • The Company plans to release its fourth quarter and full-year 2023 operating and financial results after market close on Wednesday, February 14, 2024.

Calibre Delivers Record Full Year 2023 Gold Production of 283,494 Ounces, Exceeding the High End of Guidance; Setting Up for Stronger 2024 With Production Guidance of 275,000 – 300,000 Ounces

Retrieved on: 
Tuesday, January 9, 2024
Social responsibility, Gold, CXB, Mining, Jabali, TSX, Valentine, OTCQX, Growth capital, Labrador, Palladium

Looking ahead to 2024, we foresee another robust year demonstrated by an increase in annual gold production guidance.

Key Points: 
  • Looking ahead to 2024, we foresee another robust year demonstrated by an increase in annual gold production guidance.
  • Throughout 2023, we accomplished numerous milestones as we continue to execute our corporate strategy of transitioning into a mid-tier gold producer.
  • These actions underline our commitment to transparency, accountability, and adherence to the highest standards of environmental and social responsibility.
  • I look forward to 2024 as we work to expand our business in Newfoundland & Labrador transitioning to a mid-tier gold producer in 2025.

EnviroGold Global Announces Transition to a Royalty Revenue Model

Retrieved on: 
Tuesday, January 9, 2024
IRR, Mining, ESG, Platinum, YGK, Palladium, Metal

TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold Global” or the “Company”), a clean technology company accelerating the world’s transition to a circular-resource economy, is pleased to announce its intention to transition to a mining technology royalty company.

Key Points: 
  • TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold Global” or the “Company”), a clean technology company accelerating the world’s transition to a circular-resource economy, is pleased to announce its intention to transition to a mining technology royalty company.
  • This approach uses the same proprietary technology with a different revenue model.
  • Not only will the technology royalty model be capital light, but unlike other mining royalty companies that need to raise large sums of capital to make upfront payments in exchange for a royalty, the Company intends to licence its technology in exchange for a royalty.
  • So, the expectation is this will be a less equity-dilutive business model relative to other mining royalty companies.

Endeavour Silver Produces 5,672,703 Oz Silver and 37,858 Oz Gold (8.7 Million Silver Equivalent Oz) in 2023; Improved Fourth Quarter Production Delivers Annual Guidance

Retrieved on: 
Tuesday, January 9, 2024
Inventory, Silver, Parral, Gold, TSX, EDR, News, Palladium

Fourth quarter production was 1,396,315 silver oz and 9,440 gold oz for 2.2 million silver equivalent oz.

Key Points: 
  • Fourth quarter production was 1,396,315 silver oz and 9,440 gold oz for 2.2 million silver equivalent oz.
  • Bolañitos Performance Remained Steady: Increased silver production from higher silver grades with similar throughput was offset by lower gold production due to lower gold grades.
  • The variations in grades quarter from quarter is expected, while annual ore grades were within 2% of annual planned grades.
  • Held 476,015 oz silver and 1,411 oz gold of bullion inventory and 11,869 oz silver and 300 oz gold in concentrate inventory at quarter end.

Lifezone Metals Announces Completion of Funding for Phase 1 Platinum, Palladium and Rhodium Recycling Joint Venture with Glencore

Retrieved on: 
Wednesday, January 10, 2024
Professional Services, Machine Tools, Metalworking & Metallurgy, Recycling, Mining, Minerals, Alternative Energy, Energy, Technology, Natural Resources, Environment, Automotive Manufacturing, Finance, Other Technology, Manufacturing, PGM, Metal, Public expenditure, Platinum, LZM, Rhodium, GLEN, Palladium, Rare-earth element

Lifezone Metals Limited’s (NYSE: LZM) Chief Executive Officer, Chris Showalter, is pleased to announce the signing of the Subscription Agreement and completion of funding for Phase 1 of the joint venture with a wholly owned subsidiary of Glencore plc (LSE: GLEN) for a platinum, palladium and rhodium (collectively platinum group metals or “PGMs”) recycling project which will utilize Lifezone Metals’ hydrometallurgical technology (“Hydromet”).

Key Points: 
  • Lifezone Metals Limited’s (NYSE: LZM) Chief Executive Officer, Chris Showalter, is pleased to announce the signing of the Subscription Agreement and completion of funding for Phase 1 of the joint venture with a wholly owned subsidiary of Glencore plc (LSE: GLEN) for a platinum, palladium and rhodium (collectively platinum group metals or “PGMs”) recycling project which will utilize Lifezone Metals’ hydrometallurgical technology (“Hydromet”).
  • Phase 1 of the joint venture implementation is already underway and involves a confirmatory program of pilot work in Lifezone Metals’ laboratories in Perth, Australia.
  • Following successful completion of Phase 1, Phase 2 will involve Lifezone Metals and Glencore jointly funding the capital expenditures required to construct a commercial-scale PGM recycling facility in the United States.
  • Lifezone Metals and Glencore have contributed US$1.5 million each to the project.

Hecla Announces 2023 Production

Retrieved on: 
Wednesday, January 10, 2024
Mining, Minerals, Natural Resources, Weather, Bermingham, UCB, Insurance, Silver, CASA, Lucky, Gold, HL, Safety, Growth, Palladium

Hecla Mining Company ( NYSE:HL ) today announced its preliminary silver and gold production for the fourth quarter and full year 2023.

Key Points: 
  • Hecla Mining Company ( NYSE:HL ) today announced its preliminary silver and gold production for the fourth quarter and full year 2023.
  • "As planned, we began the transition of Casa Berardi’s production to surface mining, which lowered production but increased margins."
  • Fourth quarter production was 2.3 million ounces of silver and 14,651 ounces of gold.
  • The mine restarted production on January 9th and is expected to ramp up to full production in the first quarter.

Making History: The World's First Hydrogen Exchange Makes Its First Transactions

Retrieved on: 
Wednesday, January 3, 2024
Hydrogen, Environment, Palladium

LONDON, Jan 4, 2024 - (ACN Newswire) - HDEX, a trailblazing force in the hydrogen industry, proudly announces the launch of the world's premier hydrogen exchange.

Key Points: 
  • LONDON, Jan 4, 2024 - (ACN Newswire) - HDEX, a trailblazing force in the hydrogen industry, proudly announces the launch of the world's premier hydrogen exchange.
  • This groundbreaking platform facilitates the seamless trading of hydrogen and investing in the hydrogen sector, propelling the transition to a sustainable future.
  • "HDEX is a game-changer for the hydrogen industry and the environment," emphasizes Aron Dutta, Chairman and co-founder of HDEX.
  • "By creating the world's first hydrogen exchange, we are enabling the development of a global hydrogen market that will drive innovation, investment, and adoption of hydrogen as a clean energy solution."

Denarius Metals Accelerates Its Path to Production in Spain with the Acquisition of 50% of Rio Narcea Recursos and Its Aguablanca Mine in Extremadura and Andalucia, Spain

Retrieved on: 
Tuesday, December 5, 2023
Denarius, Copper, Platinum, Lundin Mining, TSX Venture Exchange, Resource, Agreement, Underground, Acquisition, Mining, MRE, Gold, Palladium, Social impact assessment, Autonomy, RNR, EIS, CRS, EUR, Good, History, Nickel, Uranium mining

The acquisition gives us ownership in the only nickel deposit in Spain and one of the few in Europe.

Key Points: 
  • The acquisition gives us ownership in the only nickel deposit in Spain and one of the few in Europe.
  • The acquisition also accelerates our path to production from our flagship Lomero Project using excess capacity available in RNR's 5,000 tonnes per day ("tpd") processing plant.
  • The acquisition of the 50% stake in RNR is subject to conditional approval of the TSX Venture Exchange.
  • Discovered in 1994, the Aguablanca mine was one of the only deposits in Spain able to produce nickel (sole producer) and copper.