Exploring Mining Podcast – News from (NYSE: $NEM) (NYSE: $AGI) (NYSE: $AG) (CSE: $ORGN.C)
Point Roberts WA, Delta BC, May 14, 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.
Listen to the podcast:
Read this in full at https://www.investorideas.com/news/2020/exploring-mining/05141NEM-AGI-AG-ORGN.asp
Newmont Corporation (NYSE:NEM) will begin to safely ramp up operations at Peñasquito in Mexico on May 18 after mining was designated as an essential activity by the Mexican government. Newmont President and CEO Tom Palmer explained:
"With the government of Mexico incorporating mining into the list of essential businesses that will be allowed to recommence activities on May 18th, we are preparing Peñasquito and our workforce for a safe, orderly and timely resumption of production. As we’ve been doing at all of our operations and sites around the globe, we will maintain rigorous health and safety controls to prevent the transmission of COVID-19 to our workforce and neighboring communities."
Alamos Gold Inc. (NYSE:AGI) also plans to ramp up full operations at its Mulatos mine in Mexico on May 18, 2020. John A. McCluskey, President and CEO of Alamos Gold, said:
“As with Island Gold, operations at Mulatos will be ramped up in a safe manner. To date, we have not had any confirmed cases of COVID-19 among any of our employees or contractors. We continue to follow strict protocols across our operations with our foremost priority being to protect the health and safety of our employees, their families, and our local communities.”
First Majestic Silver Corp. (NYSE:AG) has reported its financial results for the first quarter 2020. Highlights include revenues of $86.1 million, which is one percent lower than Q1 2019 and is attributed to the company’s “suspending sales in March in an attempt to maximize future profits due to metals market volatility”. The company also reports mine operating earnings of $21.1 million, which is up 106 percent from to Q1 2019. Keith Neumeyer, President and CEO of First Majestic, commented:
“As the COVID-19 pandemic sparked higher than normal volatility in the metals market near the end of the quarter, we temporarily suspended our silver and gold sales as paper prices dropped significantly below true physical prices. These inventoried ounces have been carried over into the second quarter and will be sold as prices improve. Nevertheless, strong production from each of our three mines generated operating earnings of $21.1 million, representing a 106% increase over the same quarter of 2019.”
Origen Resources Inc. (CSE:ORGN) has entered into a Letter of Intent (LOI) to “acquire a 100% interest in the 26,771 hectare (ha) LGM property and the 3,971 ha Wishbone property located in British Columbia's renowned Golden Triangle from Orogenic Regional Exploration Ltd.” According to the press release, the properties “host significant mineralized gold and copper enriched gossans and sulphide occurrences.” Origen CEO Gary Schellenberg said:
"The LGM and Wishbone properties give Origen a launch pad for discovery in BC's mineral rich Golden Triangle. The availability of such a large, well endowed, land package was a unique opportunity and the Origen team is excited to get to work unlocking the potential of this flagship asset.”
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Contact Investorideas.com to be a guest or sponsor this podcast
800-665-0411
No comments:
Post a Comment