Minerals

Strategic Review Supports Continued Production Ramp-Up at North American Lithium

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星期二, 四月 9, 2024

Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.

Key Points: 
  • Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.
  • March month-to-date lithium recoveries were 69%, exceeding the ramp-up target of 67%, with global recovery of 62% during the July 2023 through March 2024 period.
  • Production of spodumene concentrate has steadily increased with several daily production records achieved in March 2024, including the newest daily production record of 740 metric tons.
  • The joint venture partners have conducted an operational review to assess the pace of the production ramp-up in the context of a challenging lithium price environment.

Coeur Announces First Quarter 2024 Earnings Call

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星期二, 四月 9, 2024

Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it will report its first quarter 2024 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, May 1, 2024.

Key Points: 
  • Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it will report its first quarter 2024 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, May 1, 2024.
  • The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, May 2, 2024.
  • Hosting the call will be Mitchell J. Krebs, President and Chief Executive Officer of Coeur, who will be joined by Thomas S. Whelan, Senior Vice President and Chief Financial Officer, Michael “Mick” Routledge, Senior Vice President and Chief Operating Officer, Aoife McGrath, Senior Vice President of Exploration, and other members of management.
  • A replay of the call will be available through May 9, 2024.

Royal Gold Provides Update on Q1 2024 Stream Segment Sales and Details for Release of Q1 2024 Results

Retrieved on: 
星期二, 四月 9, 2024

The Company had approximately 16,800 ounces of gold, 349,400 ounces of silver, and 400 tonnes of copper in inventory at March 31, 2024.

Key Points: 
  • The Company had approximately 16,800 ounces of gold, 349,400 ounces of silver, and 400 tonnes of copper in inventory at March 31, 2024.
  • RGLD Gold AG’s average realized gold, silver and copper prices for the first quarter were $2,054 per ounce, $23.22 per ounce and $8,453 per tonne ($3.83 per pound), respectively.
  • Cost of sales was approximately $436 per GEO for the first quarter.
  • Royal Gold’s results for the quarter ended March 31, 2024, will be released after the market closes on Wednesday, May 8, 2024, followed by a conference call on Thursday, May 9, 2024, at 12:00 p.m. Eastern Time (10:00 a.m. Mountain Time).

Hecla Announces First Quarter Production

Retrieved on: 
星期一, 四月 8, 2024

Hecla Mining Company ( NYSE:HL ) today announced its preliminary production results for the first quarter of 2024.

Key Points: 
  • Hecla Mining Company ( NYSE:HL ) today announced its preliminary production results for the first quarter of 2024.
  • Gold production of 36,592 ounces, in line with prior quarter.
  • Greens Creek silver production increased 10% and gold production in line with prior quarter.
  • Lead production increased 129%; zinc production increased 28% due to ramp-up at Lucky Friday.

Expanded Rochester Mine Achieves Commercial Production; Ramp-Up on Schedule

Retrieved on: 
星期一, 四月 8, 2024

Commissioning of the new three-stage crushing circuit and truck load-out facility was completed on March 7.

Key Points: 
  • Commissioning of the new three-stage crushing circuit and truck load-out facility was completed on March 7.
  • Since then, the crushing circuit has operated at an average throughput of nearly 70,000 tons per day1 and has exceeded 88,000 tons per day, leading to the declaration of commercial production as of the end of the first quarter.
  • Ramp-up to full design capacity of 88,000 tons per day—or approximately 32 million tons per year—remains on schedule for completion during the first half of 2024.
  • Materially higher production levels are anticipated to build throughout the second half of 2024 consistent with completion of Rochester’s ramp-up.

Elevated Signals Partners with pH7 Technologies to Advance Operational Efficiencies

Retrieved on: 
星期一, 四月 8, 2024

Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company offering modern manufacturing software, today announced a new strategic partnership with pH7 Technologies (“pH7”), a cleantech innovator in sustainable mining.

Key Points: 
  • Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company offering modern manufacturing software, today announced a new strategic partnership with pH7 Technologies (“pH7”), a cleantech innovator in sustainable mining.
  • Elevated Signals’ Manufacturing Resource Planning (MRP) platform is used by pH7 to capture real-time data and facilitate data-driven analytics.
  • However, these processes are complex and require highly precise inventory tracking—an area where Elevated Signals offers significant value,” said Amar Singh, CEO and co-founder of Elevated Signals.
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    “For fast-growing companies like pH7, the ability to streamline and automate complex processes with ease is key,” Singh added.

Warrior Met Coal Sets Date for First Quarter 2024 Earnings Announcement and Investor Conference Call

Retrieved on: 
星期一, 四月 8, 2024

Warrior Met Coal, Inc. (“Warrior” or NYSE: HCC) today announced that it will hold its first quarter 2024 investor conference call at 4:30 p.m.

Key Points: 
  • Warrior Met Coal, Inc. (“Warrior” or NYSE: HCC) today announced that it will hold its first quarter 2024 investor conference call at 4:30 p.m.
  • Warrior Met Coal will release its results following the close of market trading that afternoon.
  • To participate in the conference call, please call 1-844-340-9047 (domestic) or 1-412-858-5206 (international) 10 minutes prior to the start time and reference the Warrior Met Coal conference call.
  • A webcast of the conference call will be available through the Investor section of the Company’s website, http://investors.warriormetcoal.com , where an archived replay will also be available.

Fortune Minerals Announces Arrival of Samples at SGS Canada in Lakefield, Ontario for Metallurgical Testing

Retrieved on: 
星期一, 四月 8, 2024

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) ( www.fortuneminerals.com ) is pleased to announce the successful delivery of ore samples from the NICO cobalt-gold-bismuth-copper deposit (“NICO Deposit”) in the Northwest Territories (“NWT”) to SGS Canada Inc. in Lakefield, Ontario.

Key Points: 
  • Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) ( www.fortuneminerals.com ) is pleased to announce the successful delivery of ore samples from the NICO cobalt-gold-bismuth-copper deposit (“NICO Deposit”) in the Northwest Territories (“NWT”) to SGS Canada Inc. in Lakefield, Ontario.
  • Development of the NICO Project would provide a North American supply of three Critical Minerals needed for the energy transition, new technologies, and growing green economy.
  • These will be blended with Fortune test products at SGS Canada Inc. to validate the recovery of the contained metals using the Alberta Refinery metallurgical flow sheet.
  • The JFSL site is an ideal location to construct the Fortune refinery and expand the Edmonton area as a Critical Minerals processing hub in western Canada.

EPIC Y-Grade Completes Issuance of New $1,075 Million Senior Secured Term Loan B

Retrieved on: 
星期一, 四月 8, 2024

EPIC Y-Grade, LP (“EPIC” or “the Company”) today announced that it has completed the issuance of a new $1,075 million senior secured Term Loan B due 2029.

Key Points: 
  • EPIC Y-Grade, LP (“EPIC” or “the Company”) today announced that it has completed the issuance of a new $1,075 million senior secured Term Loan B due 2029.
  • The Company used the net proceeds from the Term Loan to repay its existing $989 million Term Loan B due 2027 and repay its existing $77 million facility on a standalone propane line.
  • As part of the transaction, the Company also increased its current super-priority revolving credit facility to $70 million from $40 million and extended the facility’s maturity date to 2029.
  • We’re pleased that companies are continuing to expand their y-grade positions in Corpus Christi with EPIC Midstream.”

Pan American Silver reports additional high-grade drill results from the La Colorada Skarn project

Retrieved on: 
星期一, 四月 8, 2024

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") releases results from the ongoing infill and geotechnical drill program at its La Colorada Skarn project in Zacatecas, Mexico (the "La Colorada Skarn").

Key Points: 
  • Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") releases results from the ongoing infill and geotechnical drill program at its La Colorada Skarn project in Zacatecas, Mexico (the "La Colorada Skarn").
  • Eight new drill holes totaling 8,101 metres returned additional wide intercepts from the 902 mineralized zone of the western part of the La Colorada Skarn.
  • Drill hole U-121-22 returned the highest-grade interval to date with 22.50 metres at 1,435 g/t Ag, 31.93% Pb and 20.49% Zn.
  • View the full release here: https://www.businesswire.com/news/home/20240407764983/en/
    La Colorada Skarn Plan View (Graphic: Business Wire)
    “The 902 zone at the La Colorada Skarn continues to return long intercepts in multiple drill holes, with the most recent drill holes returning some of the highest grade intercepts since we discovered the La Colorada Skarn in 2018.