#ExploringMining #Podcast - News from #Mining #Stocks (NYSE: $AA) (NYSEAmerican: $VGZ) (TSXV: $IZ.V) (CSE: $NBRK.C)
Vancouver, Kelowna, Delta, BC, March 15, 2023 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO's and leading experts.
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Alcoa Corporation (NYSE:AA) has announced that the Portland Aluminium smelter in the state of Victoria, Australia will immediately start reducing its overall production due to operational instability. Specifically, production at the smelter will be reduced to about 75 percent of the site’s total consolidated capacity of 358,000 metric tons per year. Bill Oplinger, Alcoa’s Executive Vice President and Chief Operations Officer, said:
"Our teams are focused on safely taking the production offline and working to restore stability across the facility. Completing this task in a controlled fashion is our priority as we work to improve operations."
Vista Gold Corp. (NYSEAmerican:VGZ) has announced results of its most recent surface exploration program on two specific areas within the exploration licenses (ELs) at its Mt Todd gold project. The company’s President and CEO, Frederick Earnest, said:
"The ELs at Mt Todd encompass 1,650 km2 and are largely underexplored. As part of our annual exploration program for the ELs, we collected more than 600 rock chips and soil samples from an area of interest covering ~ 1.6 km2 on the Cullen-Australis Structural Corridor. The results demonstrate strong geologic similarities to the area in the mining licenses where we previously delineated four highly prospective exploration targets through our 2021-22 drilling program. We are encouraged by the tenor of these results, which reinforce our belief that the Mt Todd land package has tremendous discovery potential."
International Zeolite Corp. (TSXV:IZ), an international supplier of sustainable zeolite-infused products, has announced that its production plant in Jordan, Ontario has achieved operational readiness. Consequently, the plant will begin producing the firm’s proprietary zeolite nutrient delivery products later this month. Mark Pearlman, the company’s President and COO, explained:
"This is a major milestone for International Zeolite. Growers have been asking to trial our products in both soilless and soil environments. With the production plant in operation, we are positioned to supply commercial trials, moving us from a pre-commercialized environment to revenue generation. With rising fertilizer costs and a demand to reduce greenhouse gases, IZ's line of infused zeolites is positioned to transform agricultural practices and offer a solution for food security issues facing growers and their need to address climate change."
New Break Resources Ltd. (CSE:NBRK) has increased the land position at its Moray property near Timmins, Ontario to 2,894 hectares from 1,856 hectares. The company’s President and CEO, Michael Farrant, said:
"We're extremely happy to have been able to strategically increase our land position at Moray. While we know that the Moray property hosts significant gold potential, it also uniquely hosts the potential for the discovery of critical minerals. This was a very easy way of adding shareholder value extremely inexpensively."
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