AISC

Titan Announces Another Record Year for Production and Safety, Provides 2024 Guidance and Update on Kilbourne Graphite Target

Retrieved on: 
Tuesday, February 20, 2024
Titan, Total, Empire, Zinc, TSX, TI, Safety, ESM, AISC, Fertilizer

Produced a record 61.0 million payable pounds of zinc in 2023, a 16 % increase over the record set in 2022.

Key Points: 
  • Produced a record 61.0 million payable pounds of zinc in 2023, a 16 % increase over the record set in 2022.
  • Announced the discovery of the Kilbourne graphite trend, an extensively drill tested graphite-bearing trend located on permitted lands.
  • 2023 production is preliminary and subject to change when the Company releases its Q4 2023 and audited full-year 2023 financial and operating results in March 2024.
  • Production guidance for 2024 is estimated between 56-60 million pounds of payable zinc.

Newmont Announces Balanced Capital Allocation Strategy and Return of Capital Framework Supported by Portfolio of Tier 1 Operations and Projects*

Retrieved on: 
Thursday, February 22, 2024
Mining, Minerals, Natural Resources, NGT, Nevada Gold Mines, Share repurchase, TSX, GEO, Growth, Cerro Negro, NEM, Commitment, Coffee, ASX, Acute and obtuse triangles, Gold, CAS, Corporation, Yanacocha, AISC, CC, Water

"Newmont's go-forward portfolio is the new standard for gold and copper mining," said Tom Palmer, Newmont's President and Chief Executive Officer.

Key Points: 
  • "Newmont's go-forward portfolio is the new standard for gold and copper mining," said Tom Palmer, Newmont's President and Chief Executive Officer.
  • It is from this platform that Newmont has established a balanced shareholder return framework, designed to return capital to shareholders through a stable base dividend and share repurchase program.
  • Newmont’s Tier 1 portfolio also includes attributable production from the Company’s equity interest in Lundin Gold (Fruta del Norte).
  • Tier 1 Portfolio cost and capital metrics include the proportional share of the Company’s interest in the Nevada Gold Mines Joint Venture.

SilverCrest Provides 2024 Guidance

Retrieved on: 
Tuesday, February 20, 2024
Technical report, Mining, News, CPG, Qualified person (European Union), Ratio, Metal, World Gold Council, National instrument, Administration, Tax, Capital, G&A, Corporation, AISC

The new mining contractor, Dumas Contracting Ltd. ("Dumas"), arrived at site in early February 2024 to begin mobilization, which is expected to continue through Q3, 2024.

Key Points: 
  • The new mining contractor, Dumas Contracting Ltd. ("Dumas"), arrived at site in early February 2024 to begin mobilization, which is expected to continue through Q3, 2024.
  • 2024 guidance incorporates assumptions related to the transition of contractors and ramp-up of Dumas.
  • In Q1, 2024 SilverCrest expects to make a payment of approximately $28.0 to $30.0 million for 2023 taxes and duties.
  • This advance to Dumas will be credited towards mining services for SilverCrest over 24 months starting in Q3, 2024.

Centerra Gold Achieves 2023 Production Guidance; Begins 2024 with Over $600 Million in Cash and Cash Equivalents; Announces 2024 Outlook

Retrieved on: 
Wednesday, February 14, 2024
Copper, Thompson Creek, LINK, LOM, Endako mine, Forecasting, Occupational safety and health, FS, Mining, Adsorption, Molybdenum, Gold, Life, Safety, CAD, Income tax, Langeloth, Pennsylvania, Risk, AISC, Movement, Environment, Wildfire, Royal Gold

TORONTO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces preliminary production results for the fourth quarter and full year ended December 31, 2023, and issues 2024 guidance. Centerra will release its fourth quarter and full year 2023 operating and financial results after the market closes on Thursday February 22, 2024. The Company will host a conference call and webcast to discuss the results on Friday February 23, 2024, at 9:00 am Eastern Time. Details for the conference call and webcast are included at the end of this news release.

Key Points: 
  • In 2024, gold and copper production at the Mount Milligan Mine is projected with recoveries estimated at 64% and 78%, respectively.
  • Production for copper and gold reflects estimated metallurgical losses resulting from handling of the concentrate and metal deductions levied by smelters.
  • Copper production is expected to be 55 to 65 million pounds in 2024.
  • In 2024, gold and copper recoveries are expected to be similar to those achieved in 2023.

ALPHAMIN ANNOUNCES RECORD ANNUAL TIN PRODUCTION / EBITDA AND AISC GUIDANCE / US$50 MILLION TIN PREPAYMENT ARRANGEMENT SECURED

Retrieved on: 
Friday, January 26, 2024
Risk, COVID-19, AISC, Democratic republic, Mining, Public expenditure, Safety, Disclosure, Depreciation, TSX Venture Exchange, Marketing, Nature, News, Tin, Growth

Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made.

Key Points: 
  • Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made.
  • There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
  • Accordingly, readers should not place undue reliance on forward-looking statements.
  • Net cash is defined as cash and cash equivalents less total current and non-current portions of interest-bearing debt and lease liabilities.

B2Gold Announces Total Gold Production for Q4 2023 of 288,665 oz; Total Gold Production for 2023 of 1,061,060 oz, Achieving Upper Half of 2023 Guidance; 2024 Guidance, Preliminary 2025 Production Outlook and Gold Prepay Arrangement

Retrieved on: 
Wednesday, January 24, 2024
Gold, Life, AISC, Diamond, Steel, Mining Code, Antelope, A Funk Odyssey, Umwelt, Mining, Transport, Llama, Cardinal, KIA, Public expenditure, Investment, Acquisition, Building material, MLA, AngloGold Ashanti, TSF, Government, Mill, Kitikmeot Region, Otjikoto Lake, Del, Capital expenditure, WIR, News, Uranium mining

B2Gold applies the equity method of accounting for its expected 15% ownership interest in Calibre effective January 24, 2024.

Key Points: 
  • B2Gold applies the equity method of accounting for its expected 15% ownership interest in Calibre effective January 24, 2024.
  • The contribution of this gold production from Fekola Regional is now assumed to start at the beginning of 2025.
  • Mining operations will commence upon receipt of an exploitation license, with gold production approximately three months after commencement.
  • Gold production is expected to be evenly weighted between the first half of 2024 and the second half of 2024.

Perseus Mining announces intention to make takeover bid for OreCorp Ltd

Retrieved on: 
Monday, January 22, 2024
Probability, Legislation, AISC, Mineral, Mineral Resources Limited, Lead, Mining, Zinc, SML, ASX, Jurisdiction, Report, Person, SMCL, Gold, Replacement, TSX, Acquisition, Perseus, PRU, Government, Perception, GOT, Mine, Project, Gentlemen's agreement, Register

As such, there is no certainty as to the value of the Silvercorp Takeover consideration at the time OreCorp shareholders would receive their shares.

Key Points: 
  • As such, there is no certainty as to the value of the Silvercorp Takeover consideration at the time OreCorp shareholders would receive their shares.
  • OreCorp shareholders who wish to accept Perseus’s Offer once made should NOT accept the Silvercorp Takeover.
  • OreCorp holds an 84% interest in SMCL through its wholly owned subsidiary, Nyanzaga Mining Company Limited (NMCL).
  • Perseus (ASX/TSX: PRU) is an ASX and TSX listed mining company, with a market capitalisation of approximately A$2.45 billion.

Fortuna reports record 2023 production of 452 koz Au Eq and 2024 annual guidance of 457 to 497 koz Au Eq

Retrieved on: 
Thursday, January 18, 2024
PB, Government, Life, San José Mine, Silver, AISC, Mining, Public expenditure, Economics, Gold, Congress, Transport

The increase is due primarily to the reallocation of fixed mining costs from capex to opex and lower processed ore.

Key Points: 
  • The increase is due primarily to the reallocation of fixed mining costs from capex to opex and lower processed ore.
  • Capital investments are estimated at $64.0 million, including $51.5 million in capital projects, and $12.5 million in capitalized stripping costs.
  • Major sustaining capital investments include:
    The Company expects a 2024 cash cost between $850 and $950 per ounce of gold, mostly in line with 2023.
  • The increase is mainly explained by lower volume and higher cash cost, partially offset by no capital expenditures in 2024.

Endeavour Silver Provides 2024 Guidance; Production expected at 5.3 – 5.8 Million oz Silver and 34,000-38,000 oz Gold for 8.1- 8.8 Million oz Silver Equivalent ¹

Retrieved on: 
Thursday, January 11, 2024
Silver, AISC, Gold, TSX, Safety, EDR, News

In 2024, silver production is expected to range from 5.3 to 5.8 million ounces (oz) and gold production is expected to be between 34,000 oz and 38,000 oz.

Key Points: 
  • In 2024, silver production is expected to range from 5.3 to 5.8 million ounces (oz) and gold production is expected to be between 34,000 oz and 38,000 oz.
  • Silver equivalent production is forecast to total between 8.1 million and 8.8 million oz1.
  • Consolidated cash costs2 and all-in sustaining costs2 (“AISC”) in 2024 are estimated to be $14.00-$15.00 per oz silver and $22.00-23.00 per oz silver, respectively, net of gold by-product credits.
  • “While we expect 2024 production levels aligning with those of 2023, ongoing challenges include escalating costs,” commented Dan Dickson, Endeavour’s CEO.

Cierto Tequila Awarded Three Gold Medals at the 2023 Asia International Spirits Competition

Retrieved on: 
Thursday, January 4, 2024
Retail, Wine & Spirits, AISC, Multimedia, Liquor

The Elevated Spirits Company is pleased to announce that Cierto Tequila was awarded three (3) Gold medals and eight (8) medals in total at the 2023 Asia International Spirits Competition (AISC) – the most of any tequila brand in the competition.

Key Points: 
  • The Elevated Spirits Company is pleased to announce that Cierto Tequila was awarded three (3) Gold medals and eight (8) medals in total at the 2023 Asia International Spirits Competition (AISC) – the most of any tequila brand in the competition.
  • With these new honors, Cierto has won eight hundred twenty-seven (827) international medals and awards to date.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240104418425/en/
    Cierto Tequila Awarded Three Gold Medals at the 2023 Asia International Spirits Competition (Graphic: Business Wire)