Mining

SSR Mining Achieves 2020 Production Guidance and Provides Full Year 2021 Outlook of 720,000 to 800,000 Gold Equivalent Ounces at AISC of $1,050 to $1,110 Per Ounce

Tuesday, January 19, 2021 - 10:21pm

For 2020, gold production for pler was 327,000 ounces, in-line with updated full-year guidance.

Key Points: 
  • For 2020, gold production for pler was 327,000 ounces, in-line with updated full-year guidance.
  • In 2021, pler is expected to produce 310,000 to 340,000 ounces of gold at mine site AISC of $760 to $810 per ounce.
  • Marigold finished the year with strong quarterly gold production of 77,000 ounces, a new quarterly record for the operation.
  • In 2021, Marigold production is expected to be 235,000 to 265,000 ounces of gold at mine site AISC of $1,250 to $1,290 per ounce.

Tahltan Nation and Coeur Silvertip Sign Impact-Benefit Agreement Regarding the Silvertip Mine

Tuesday, January 19, 2021 - 9:30pm

The Tahltan Nation and Coeur Silvertip Holdings Ltd. (Coeur Silvertip or the Company), a wholly-owned subsidiary of Coeur Mining, Inc. (Coeur) (NYSE: CDE), today announced the signing of a comprehensive Impact-Benefit Agreement (the IBA) in connection with the Companys Silvertip silver-zinc-lead mine located in northern British Columbia.

Key Points: 
  • The Tahltan Nation and Coeur Silvertip Holdings Ltd. (Coeur Silvertip or the Company), a wholly-owned subsidiary of Coeur Mining, Inc. (Coeur) (NYSE: CDE), today announced the signing of a comprehensive Impact-Benefit Agreement (the IBA) in connection with the Companys Silvertip silver-zinc-lead mine located in northern British Columbia.
  • The IBA provides a framework for a mutually beneficial, long-term relationship between the Tahltan Nation and Coeur Silvertip, and supports Coeurs commitment to socially and environmentally responsible mining.
  • View the full release here: https://www.businesswire.com/news/home/20210119006014/en/
    The Tahltan Central Government is very pleased to establish an IBA with Coeur Silvertip for the Silvertip mine located in the northern portion of Tahltan Territory.
  • Smith, Senior Vice President and Chief Development Officer, Coeur Mining
    The Tahltan Central Government (TCG) is the administrative governing body of the Tahltan Nation.

Sandstorm Gold Royalties Provides Asset Update

Tuesday, January 19, 2021 - 9:15pm

Sandstorm Gold Ltd. (Sandstorm Gold Royalties, Sandstorm or the Company) (NYSE: SAND, TSX: SSL) is pleased to provide an asset update of recent developments from the Companys royalty portfolio.

Key Points: 
  • Sandstorm Gold Ltd. (Sandstorm Gold Royalties, Sandstorm or the Company) (NYSE: SAND, TSX: SSL) is pleased to provide an asset update of recent developments from the Companys royalty portfolio.
  • Equinox Gold Corp. (Equinox Gold) released drill results from the Piaba underground target and the Genipapo target at the Aurizona gold mine in Brazil.
  • Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine.
  • Sandstorm plans to grow and diversify its low cost production profile through the acquisition of additional gold royalties.

Contango ORE, Inc. Announces Plans for 2021 and Launch of New Company Website

Tuesday, January 19, 2021 - 8:24pm

Contango ORE, Inc. (CORE or the Company) (OTCQB: CTGO) announced today Exploration Plans for 2021 as well as the launch of a new Company website.

Key Points: 
  • Contango ORE, Inc. (CORE or the Company) (OTCQB: CTGO) announced today Exploration Plans for 2021 as well as the launch of a new Company website.
  • The Company is pleased to announce that it has a new Company website: www.contangoore.com .
  • The Company would also like to welcome two new employees Alina Wyatt, Database Manager and Luke Raymond, Project Manager.
  • Please see Company website for more details on the Peak Gold project and Peak Gold: https://www.contangoore.com/project/peak-gold .

Outlook on the Barite Global Market to 2027 - Opportunity Analysis and Industry Forecast - ResearchAndMarkets.com

Tuesday, January 19, 2021 - 5:17pm

The "Barite Market by Form, Grade, Colour, Deposit Type, and End-use Industry: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Barite Market by Form, Grade, Colour, Deposit Type, and End-use Industry: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global barite market was valued at $1.4 billion in 2019, and is projected to reach $2.4 billion by 2027, growing at a CAGR of 7.3% from 2020 to 2027.
  • The barite market is mainly driven by its growing consumption in oil & gas drilling industry.
  • However, factors such as substitution of barite for other minerals are expected to hinder the growth of the barite market.

Almonty Industries Inc. Announces the Process for the Secondary Listing on the ASX Has Now Been Initiated.

Tuesday, January 19, 2021 - 4:30pm

The expectation is to be fully on the ASX trading first half of April 2021, given that the process is simplified due to our listing on the TSX main board.

Key Points: 
  • The expectation is to be fully on the ASX trading first half of April 2021, given that the process is simplified due to our listing on the TSX main board.
  • Given the interest we have received supporting this listing, we expect liquidity and stock value to increase with the trading on the ASX.
  • Ultimately, a Korean listing will be examined once the full corporate team is in place in Korea.
  • READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE.

2021 Insights on the Global Rock Drill Industry to 2026 - Key Development Challenges and Opportunities - ResearchAndMarkets.com

Tuesday, January 19, 2021 - 4:07pm

The "Global and Chinese Rock Drill Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and Chinese Rock Drill Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.
  • This report is a professional and in-depth study on the current state of the global Rock Drill industry with a focus on the Chinese market.
  • Through statistical analysis, the report depicts the global and Chinese total market of Rock Drill industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.
  • Overall, the report provides an in-depth insight of the 2021 global and Chinese Rock Drill industry covering all important parameters.

MVIS and Diamond Data Derivatives Launch the Universal Standard Diamonds Evaluation 100 Index

Tuesday, January 19, 2021 - 3:30pm

Today, MV Index Solutions GmbH (MVIS) in collaboration with Diamond Data Derivatives Ltd. (DDD) announced the launch of the Universal Standard Diamonds Evaluation 100 Index (ticker: USDE) .

Key Points: 
  • Today, MV Index Solutions GmbH (MVIS) in collaboration with Diamond Data Derivatives Ltd. (DDD) announced the launch of the Universal Standard Diamonds Evaluation 100 Index (ticker: USDE) .
  • Owned and originally developed by DDD, the Universal Standard Diamonds Evaluation 100 Index (ticker: USDE) has been designed to capture the global market of cut and polished wholesale diamonds based on sales volume (measured by amount of diamonds) of the top 100 traded diamonds.
  • The Universal Standard Diamonds Evaluation 100 Index (ticker: USDE) is calculated in USD.
  • Detailed information about the index, including methodology details and index data is available on the MV Index Solutions website .

2020 Thematic Research into the Cloud Computing in Mining Industry - ResearchAndMarkets.com

Tuesday, January 19, 2021 - 2:17pm

The "Cloud Computing in Mining - Thematic Research" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Cloud Computing in Mining - Thematic Research" report has been added to ResearchAndMarkets.com's offering.
  • It analyses the cloud value chain, the challenges faced by the mining industry, and how cloud computing is enabling the industry to tackle these challenges.
  • It analyses the cloud value chain, the challenges faced by the mining industry, and how cloud computing is enabling the industry to tackle these challenges.
  • Build an understanding of cloud computing technology and its applications in the mining industry.

Gold Prices Continue to Fluctuate Early in the Year

Tuesday, January 19, 2021 - 2:00pm

Generally, these are the kinds of conditions in which gold prices thrive.

Key Points: 
  • Generally, these are the kinds of conditions in which gold prices thrive.
  • Kitco reports that the top 20 gold miners are projected to lose about 5% of their total 2020 gold output primarily due to the pandemic and related restrictions.
  • Pure Gold Mining Inc.(TSX-V: PGM) (OTC: LRTNF) reported back in December that first gold has been poured at the Company's high-grade PureGold Mine in Red Lake, Ontario.
  • Drilling is planned to resume in early February 2021 with four drill rigs, and to continue throughout 2021.