Gold Fields

Fluor Announces First Gold from Gold Fields’ Salares Norte Mining Project in Chile

Retrieved on: 
Wednesday, April 3, 2024
Construction & Property, Natural Resources, Other Manufacturing, Engineering, Other Natural Resources, Other Construction & Property, Mining, Minerals, Manufacturing, Altitude, Carbon, Metal, Multimedia, FLR, Gold, Solar energy, Gold Fields

Fluor Corporation’s (NYSE: FLR) Mining & Metals business announced today that first gold has been achieved at Gold Fields’ Salares Norte mining project in Chile.

Key Points: 
  • Fluor Corporation’s (NYSE: FLR) Mining & Metals business announced today that first gold has been achieved at Gold Fields’ Salares Norte mining project in Chile.
  • Salares Norte is a high-grade gold-silver, open-pit deposit in the Atacama region of northern Chile at an altitude of between 12,750-15,400 feet (3,900-4,700 meters) above sea level.
  • View the full release here: https://www.businesswire.com/news/home/20240403153250/en/
    An aerial view of Gold Fields’ Salares Norte Mining Project in northern Chile (Photo: Business Wire)
    “Salares Norte is a project at the forefront of innovation, technology and environmental care,” said Harish Jammula, President of Fluor’s Mining & Metals business line.
  • Once fully operational, approximately 350,000 ounces of gold are expected to be mined annually through the life of the mine.

GALIANO GOLD REPORTS PRELIMINARY 2023 PRODUCTION RESULTS

Retrieved on: 
Tuesday, January 16, 2024
Region, Gold, Acquisition, Aburi, Life, Gold Fields, Mining, Technical report, AGM, Feasibility study, TSX, Soil

VANCOUVER, BC, Jan. 16, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce the Company's preliminary 2023 production results at the Asanko Gold Mine (the "AGM") in Ghana.

Key Points: 
  • VANCOUVER, BC, Jan. 16, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce the Company's preliminary 2023 production results at the Asanko Gold Mine (the "AGM") in Ghana.
  • The AGM is a 50:50 joint venture ("JV") with Gold Fields Limited ("Gold Fields"), which is managed and operated by Galiano.
  • On December 21, 2023, the Company announced it had reached an agreement with Gold Fields to acquire its 45% interest in the AGM.
  • Gold production: The AGM produced 31,947 ounces of gold in the fourth quarter and achieved full year 2023 gold production of 134,077 ounces, exceeding upward revised production guidance of between 120,000 to 130,000 ounces of gold.

Endeavour Announces CEO Termination

Retrieved on: 
Thursday, January 4, 2024
Anglo American, Remuneration, OTCQX, Natural Resources, MAR, Account, Endeavour, Gold Fields, TSX, Annual report, Policy

London, 4 January 2024 – The Board of Directors of Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour”, the “Group” or the “Company”) today announces the termination of the President and Chief Executive Officer, Sébastien de Montessus, for serious misconduct with immediate effect.

Key Points: 
  • London, 4 January 2024 – The Board of Directors of Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour”, the “Group” or the “Company”) today announces the termination of the President and Chief Executive Officer, Sébastien de Montessus, for serious misconduct with immediate effect.
  • The Board recently became aware of this in the course of a review of acquisitions and disposals, which is ongoing.
  • Following a recent external investigation, the Board had received the findings and, at the point of termination, was considering the appropriate course of action.
  • Ian will be reviewing his other, current directorships in light of his appointment as Chief Executive Officer and Executive Director of Endeavour.

Osisko Gold Royalties Announces Sale of Common Shares of Osisko Mining for Gross Proceeds of C$132 Million

Retrieved on: 
Wednesday, December 13, 2023
National instrument, Suite, National Bank of Canada, Partnership, Gold Fields, Windfall, Sale, Osisko Mining, NSR, BMO Capital Markets, Corporation, Osisko Gold Royalties, TSX, National bank, University Avenue, Gold, Mining

Following the transaction the Corporation no longer holds any common shares of Osisko Mining.

Key Points: 
  • Following the transaction the Corporation no longer holds any common shares of Osisko Mining.
  • Paul Martin, interim Chief Executive Officer of Osisko commented: “The sale of our equity position in Osisko Mining serves two important purposes.
  • Osisko maintains its exposure to Windfall through its 2.0 to 3.0% NSR royalty on the project, and the surrounding property.”
    Immediately prior to the transaction, Osisko owned 50,023,569 common shares of Osisko Mining, representing approximately 13.3% of the issued and outstanding common shares of Osisko Mining on a non-diluted basis.
  • Osisko held its common shares for investment purposes and, following the transaction, Osisko no longer holds any common shares of Osisko Mining.

U.S. Global Investors Launches Gold Royalty GOAU ETF on Peru’s Lima Stock Exchange, Provides Update on Share Buyback Program

Retrieved on: 
Wednesday, December 6, 2023
Copper, Natural Resources, Gross domestic product, Share repurchase, JETS, Wheaton Precious Metals, Mining, GDP, Gold, Language, GOLD, Franco-Nevada, Hochschild Mining, ETF, Royal Gold, Lima Stock Exchange, Metal, Gold Fields, Silver

Global Investors, Inc. ( NASDAQ : GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its gold mining and royalty ETF, the U.S.

Key Points: 
  • Global Investors, Inc. ( NASDAQ : GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its gold mining and royalty ETF, the U.S.
  • Global GO GOLD and Precious Metal Miners ETF ( NYSE: GOAU ), is now listed on Peru’s Bolsa de Valores de Lima (Lima Stock Exchange).
  • The new listing expands GOAU’s global footprint and provides Peruvian investors access to the fund.
  • I believe this makes it an ideal destination for GOAU, which provides investors access to not just gold mining companies but also, strategically, royalty companies.

Global Leaders Gather in Sydney to Power the Global Energy Transition

Retrieved on: 
Tuesday, October 17, 2023
Mining, Investment, Government, Energy transition, ICMM, First Nations, Sustainability, Digital transformation, METS, International Convention Centre Sydney, Grand Slam (tennis), United States federal executive departments, Defense, Decarbonisation measures in proposed UK electricity market reform, Gold Fields, Social value, NSW, China Beijing International Mining Exchange, BHP, Miner, Mineral, MMG, IGO, Conference, Renewable energy, Uranium mining, Wesfarmers, Culture

"The mining and resources industry is evolving rapidly to meet the growing energy demands of today while developing the minerals needed for a decarbonised economy - under unprecedented scrutiny from communities, regulators and investors.

Key Points: 
  • "The mining and resources industry is evolving rapidly to meet the growing energy demands of today while developing the minerals needed for a decarbonised economy - under unprecedented scrutiny from communities, regulators and investors.
  • Ms Richards said: "Mining and resources have never been more important for sustainable economic, social and innovative development across the globe.
  • We need more exploration and development to match surging demand for the critical minerals that are central to the global energy transition.
  • IMARC 2023 is where the most important conversations are being held about how mining and resources can help achieve global development sustainably and equitably.

Volatile Economy Makes Gold Space 'Increasingly Attractive'

Retrieved on: 
Thursday, October 12, 2023
OTCQX, Mining, Investment, Health, Fed, COVID-19, Cangrejo Arriba, Carolina, Puerto Rico, U.S. News & World Report, NYSE, News, OTC, Acquisition, Yukon Gold, ESG, Snow, Gold, LOI, RCF, Trade Data Monitor, MUX, Safety, Copper, Gold Fields, Jewellery, Rocky Mountains, Love, Movement, Editorial, Growth, Longevity, GFI, Maull, GIA, Blackwater, Security (finance), Gemstone, Renewable energy, Stock

NEW YORK, Oct. 12, 2023 /PRNewswire/ -- In uncertain economic times, stability is a rare commodity. Historically, one of the most stable spaces during fragile economies is gold, a highly liquid asset that carries no credit risk and preserves its value over time. The precious metal also benefits from diverse sources of demand: as an investment, a reserve asset, gold jewelry, or a technology component. These attributes mean gold can enhance a portfolio in three ways: delivering long-term returns, improving diversification and providing liquidity. Many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) (profile), are seeing significant growth and success during the recent volatile economy. Quickly graduating past startup phase and seeing global growth in mere months, GEMXX is now eyeing vertical integration — a  noteworthy differentiator in the gold sector. In addition to gold, the company mines ammolite, a gemstone similar to black opal. With colored gems sparking a hot jewelry trend, this added offering distinguishes GEMXX from many in the gold space. Other mining companies seeing notable success in the gold sector include Wheaton Precious Metals Corp. (NYSE: WPM); McEwen Mining Inc. (NYSE: MUX); Fortitude Gold Corp. (OTC: FTCO); and Gold Fields (NYSE: GFI).

Key Points: 
  • Many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) ( profile ), are seeing significant growth and success during the recent volatile economy.
  • With colored gems sparking a hot jewelry trend, this added offering distinguishes GEMXX from many in the gold space.
  • Other mining companies seeing notable success in the gold sector include Wheaton Precious Metals Corp. (NYSE: WPM); McEwen Mining Inc. (NYSE: MUX); Fortitude Gold Corp. (OTC: FTCO); and Gold Fields (NYSE: GFI).
  • · The pending acquisition of the Yukon Gold Project would significantly increase GEMXX's gold asset portfolio.

Volatile Economy Makes Gold Space 'Increasingly Attractive'

Retrieved on: 
Thursday, October 12, 2023
OTCQX, Mining, Investment, Health, Fed, COVID-19, Cangrejo Arriba, Carolina, Puerto Rico, U.S. News & World Report, NYSE, News, OTC, Acquisition, Yukon Gold, ESG, Snow, Gold, LOI, RCF, Trade Data Monitor, MUX, Safety, Copper, Gold Fields, Jewellery, Rocky Mountains, Love, Movement, Editorial, Growth, Longevity, GFI, Maull, GIA, Blackwater, Security (finance), Gemstone, Renewable energy, Stock

NEW YORK, Oct. 12, 2023 /PRNewswire/ -- In uncertain economic times, stability is a rare commodity. Historically, one of the most stable spaces during fragile economies is gold, a highly liquid asset that carries no credit risk and preserves its value over time. The precious metal also benefits from diverse sources of demand: as an investment, a reserve asset, gold jewelry, or a technology component. These attributes mean gold can enhance a portfolio in three ways: delivering long-term returns, improving diversification and providing liquidity. Many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) (profile), are seeing significant growth and success during the recent volatile economy. Quickly graduating past startup phase and seeing global growth in mere months, GEMXX is now eyeing vertical integration — a  noteworthy differentiator in the gold sector. In addition to gold, the company mines ammolite, a gemstone similar to black opal. With colored gems sparking a hot jewelry trend, this added offering distinguishes GEMXX from many in the gold space. Other mining companies seeing notable success in the gold sector include Wheaton Precious Metals Corp. (NYSE: WPM); McEwen Mining Inc. (NYSE: MUX); Fortitude Gold Corp. (OTC: FTCO); and Gold Fields (NYSE: GFI).

Key Points: 
  • Many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) ( profile ), are seeing significant growth and success during the recent volatile economy.
  • With colored gems sparking a hot jewelry trend, this added offering distinguishes GEMXX from many in the gold space.
  • Other mining companies seeing notable success in the gold sector include Wheaton Precious Metals Corp. (NYSE: WPM); McEwen Mining Inc. (NYSE: MUX); Fortitude Gold Corp. (OTC: FTCO); and Gold Fields (NYSE: GFI).
  • · The pending acquisition of the Yukon Gold Project would significantly increase GEMXX's gold asset portfolio.

John G. Mansanti Appointed to Board of American Rare Earths

Retrieved on: 
Monday, August 21, 2023
Gold Fields, Mineral, BS, Society, Senior, Bald Mountain, SME, Penn State College of Earth and Mineral Sciences, ASX, Metallurgy, Freeport-McMoRan, MS, Sarly Adre Sarkum, United States Department of the Interior, Intrepid Potash, ARR, Mining, Engineering, Interior, Montana Technological University, Kennicott, Rare-earth element, Management, Newmont, Chemistry

DENVER, Aug. 21, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce John G. Mansanti has joined the Board of the Company.

Key Points: 
  • DENVER, Aug. 21, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce John G. Mansanti has joined the Board of the Company.
  • “We are very excited to have John join our board as he has significant operating and management experience,” says Creagh O’Connor, Chairman, American Rare Earths.
  • I look forward to working with fellow board members and the management team in the development of viable American based rare earth projects,” says John Mansanti.
  • This announcement has been authorized for release by the Board of American Rare Earths.

Endeavour Silver Appoints Vice President, Operations

Retrieved on: 
Wednesday, June 14, 2023
Gold Fields, University, BHP, Engineering, Coeur Mining, Silver, EDR, Gold, University of Idaho, Mining, Master of Science in Engineering, TSX, Endeavour, Knowledge, University of the Witwatersrand, NYSE, Safety, Management, Science, Operation, Newmont

VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announces, effective today, the appointment of Greg Blaylock as the new Vice President, Operations to oversee the Company’s underground mining operations in Mexico.

Key Points: 
  • VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announces, effective today, the appointment of Greg Blaylock as the new Vice President, Operations to oversee the Company’s underground mining operations in Mexico.
  • Greg Blaylock is a senior mining executive who brings to Endeavour over 35 years’ hands-on experience in mining operations, mine planning and project development as well as related executive and technical expertise.
  • Dan Dickson, Endeavour CEO, commented, “I am pleased to welcome Greg Blaylock to the Endeavour management team.
  • Endeavour also announces the departure of Nicholas Shakesby as the Vice President, Operations.