#ExploringMining #Podcast – #Mining News from (NYSE: $RIO) (NYSE: $NEM) (TSXV: $AGC.V) (TSXV: $AL.V)
Point Roberts WA, Delta BC, December 16, 2019 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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Rio Tinto Group (NYSE:RIO) is offering “independently certified, responsibly produced aluminium from its smelters in Australia and New Zealand” having been granted Performance Standard and Chain of Custody certifications to its Amrun and Weipa bauxite mines, Yarwun alumina refinery, and Bell Bay and NZAS aluminium smelters from the Aluminium Stewardship Initiative (ASI). Alf Barrios, Rio Tinto Aluminium chief executive, said:
"This certification expands Rio Tinto’s offering of independently certified, responsibly produced aluminium to customers around the world. It continues our leadership on responsible aluminium production from mine to metal, so that our customers can meet the growing demand from consumers for sustainably sourced materials."
Newmont Goldcorp Corporation (NYSE:NEM) has announced that “the Peñasquito mine and the nearby San Juan de Cedros community (one of 25 neighboring communities) in Zacatecas, Mexico mutually agreed to an infrastructure solution securing sustainable water availability for the community’s domestic and agricultural uses”. Company President and CEO Tom Palmer said:
"Our water agreement with the Cedros community represents a meaningful turning point towards a long-term partnership anchored in our common purpose to create value and improve lives. Having reached agreement on this pivotal issue, we look forward to continuing our good-faith dialogue to resolve the remaining issues so we can move from confrontation to cooperation."
Amarillo Gold Corporation (TSXV:AGC) has applied for an Installation License for the Mara Rosa Project. Amarillo’s President & CEO Mike Mutchler commented:
“With this application we expect to receive the LI by mid-2020 and commence construction of the Mara Rosa Project shortly thereafter. We have already engaged Auramet to assist us in sourcing project financing, and with the completion of the FS in Q1 2020 we expect to be in a position to conclude definitive financing arrangements in conjunction with the receipt of the LI. I would like to thank our employees and engineering firms in completing this important milestone on our path to develop the Mara Rosa Mine.”
ALX Uranium Corp. (TSXV:AL) has revealed reconnaissance sampling results from its 100 percent-owned Vixen Gold Project in the Red Lake Mining District of Ontario, Canada. A key highlight mentioned is that “Four rock samples returned significant values of gold with anomalous silver, including a sample comprised of 80% quartz veins/flooding with 20% host metabasalt that returned 23.9 grams/tonne (0.765 oz/ton) gold”.
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