LOM

Aura Reports Updated Mineral Reserves and Mineral Resources

Retrieved on: 
Tuesday, April 2, 2024
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The charts below show changes in P&P Mineral Reserves, M&I Mineral Resources and Inferred Mineral Resources for the Aranzazu Mine as of December 31, 2023 compared to December 31, 2022.

Key Points: 
  • The charts below show changes in P&P Mineral Reserves, M&I Mineral Resources and Inferred Mineral Resources for the Aranzazu Mine as of December 31, 2023 compared to December 31, 2022.
  • The charts below show changes in P&P Mineral Reserves Estimates, M&I Mineral Resources Estimates and Inferred Mineral Resources Estimates for Apoena as of December 31, 2023, compared to December 31, 2022.
  • Mineral Reserves estimated by Aura total approximately 34.5 Mt in P&P Mineral Reserves at an average grade of 0.50 g/t Au.
  • Borborema also showcases a strong Mineral Reserve base, with Probable Mineral Reserves of 812,000 oz gold, and an extensive Mineral Resource profile with strong growth potential that consists of 2,077 koz of indicated Mineral Resources and 393 koz of Inferred Mineral Resources.

Discovery Reports Fourth Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Friday, March 29, 2024
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TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced financial results for the three and twelve months ended December 31, 2023 (“Q4 2023” and “2023”, respectively).

Key Points: 
  • TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced financial results for the three and twelve months ended December 31, 2023 (“Q4 2023” and “2023”, respectively).
  • Tony Makuch, CEO, commented: “Over the last year, our teams in Mexico and Canada have done an outstanding job advancing Cordero.
  • “The excellent work of our people culminated in the release of our Feasibility Study results a few weeks ago.
  • FEASIBILITY STUDY METALLURGICAL TEST PROGRAM:
    On October 26, 2023, positive results were released from the Feasibility Study metallurgical test program.

MAG Silver Announces Robust Updated Technical Report for Juanicipio

Retrieved on: 
Wednesday, March 27, 2024
Documentation, Level, Internal, G&A, Groundwater, Life, Reverse osmosis, KV, Fresnillo, TSF, Water, Qualified person (European Union), Cell, LOM, Economics, Engineering, Power, Mining

It is estimated that the Juanicipio processing plant will produce approximately 12.2 Mt of tailings for surface storage over the anticipated initial mine life of approximately 13 years.

Key Points: 
  • It is estimated that the Juanicipio processing plant will produce approximately 12.2 Mt of tailings for surface storage over the anticipated initial mine life of approximately 13 years.
  • Mill tailings will be discharged to a TSF which has a total volume capacity of approximately 8.5 Mt as currently designed.
  • Using the referenced production projections and cost estimates, Juanicipio has a post-tax NPV5% of $1,224M (pre-tax $1,656M).
  • Project economics are shown to be most sensitive to silver price and silver grade, followed by operating costs.

Lithium Royalty Corp. Reports Q4 2023 Results

Retrieved on: 
Wednesday, March 27, 2024
Mining, Minerals, Natural Resources, Lithium, EV, Cell, Biophysical environment, Thacker Pass Lithium Mine, SC6, Finniss Lithium Project, LCE, LFP, Bank statement, PEA, Bloomberg L.P., Cost, LOM, Core, LRC, Tres Quebradas, Atlas, EVS, SMM, Battery electric vehicle, Plug-in, Interim, PHEV, NPV, Sigma, Annual report, Hybrid, Economics, BYD, Growth, BEV, COMEX, Shanghai Metals Market, CFO, GT1, NSR, Root, Lithium oxide, ESS

Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.

Key Points: 
  • Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.
  • Atlas Lithium has secured $50 million in funding through partnerships with lithium converters Chengxin Lithium and Sichuan Yahua.
  • LRC estimates that the global lithium market grew by approximately 28% in 2023, with the lithium market approaching almost 1Mt of lithium carbonate equivalent (LCE).
  • SMM reports that spodumene concentrate prices in 2023 averaged $3,610/tonne CIF (Cost, Insurance, and Freight) China, with lithium carbonate prices during 2023 averaging approximately $36,000/tonne.

American Lithium Files Robust PEA for Falchani Hard Rock Lithium Project with Highlights Including a Tripling of After-tax NPV8 to US$5.11 Billion

Retrieved on: 
Monday, February 26, 2024
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“This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.

Key Points: 
  • “This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.
  • The filing of the Semi-Detailed Environmental Impact Assessment late last year also positions the Project to be fast-tracked.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.

Aura Minerals Adds 110k Oz of Mineral Reserves at Apoena Mines in Brazil in 2023; LOM Now Exceeds 5 Years and is Expected to Continue Increasing

Retrieved on: 
Friday, February 23, 2024
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P&P at Apoena increased to 276,000 ounces (“oz”) of contained gold at the end of 2023, after depletion from production.

Key Points: 
  • P&P at Apoena increased to 276,000 ounces (“oz”) of contained gold at the end of 2023, after depletion from production.
  • Measured and Indicated (“M&I”) Mineral Resources also continue to increase, now at 478,000 oz of contained gold after 2023 depletion.
  • Future exploration efforts will now focus on increasing Inferred Mineral Resources down dip and along strike, including expansion drilling to delineate possible connections between the pits.
  • 2023 Summary of Changes in Proven & Probable Mineral Reserves, Measured and Indicated Mineral Resources and Inferred Mineral Resources are shown in Figure 2.

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
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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.

Nevada Copper Provides Pumpkin Hollow Operations Update

Retrieved on: 
Thursday, February 8, 2024
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YERINGTON, Nev., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) provides updates on restart activities at its Pumpkin Hollow underground mine (the “Underground Mine”).

Key Points: 
  • YERINGTON, Nev., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) provides updates on restart activities at its Pumpkin Hollow underground mine (the “Underground Mine”).
  • The hoisting and ore handling system has returned to full capacity and mill operations continue to incrementally improve with over two months of mill feed stockpiled on surface.
  • Stope mining is planned to resume in February 2024 and ore handling and hoisting capabilities are expected to meet underground material deliveries and process plant operations.
  • The technical information and data in this news release has been reviewed by Steven Newman, Registered Member – SME, Vice President, Technical Services for Nevada Copper and Greg French, C.P.G., VP Exploration for Nevada Copper, who are non-independent Qualified Persons within the meaning of NI 43-101.

Updated PEA for Falchani Highlights Robust Economics After-tax NPV8% Triples to US$5.11 Billion, IRR 32.0% and Low Opex $5,093/t LCE

Retrieved on: 
Wednesday, January 10, 2024
Lithium, SOP, OPEX, NPV, Caesium, Lithium carbonate, Mining, Economics, Environment, DRA, LOM, LCE, PEA, Capital, Potassium, Sulfate, News

This independent, updated PEA was completed by DRA Global following the updated mineral resource estimate recently completed by Stantec Consulting Services Ltd. (“Stantec” - see news release dated December 15, 2023).

Key Points: 
  • This independent, updated PEA was completed by DRA Global following the updated mineral resource estimate recently completed by Stantec Consulting Services Ltd. (“Stantec” - see news release dated December 15, 2023).
  • The PEA base case envisions 32 years of mining followed by 11 years of stockpile processing over the potential life of mine (“LOM”).
  • The PEA alternative case is identical, but with added production of high purity SOP and Cesium sulfate as by-products from Years 6-43 alongside the initial expansion.
  • Isotopes of cesium are atomic clocks necessary for aircraft guidance systems, global positioning satellites, and internet and cell phone applications.

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.