Thursday, December 10, 2020

#ExploringMining #Podcast Episode 125 – #Mining #Stocks News from (NYSE: $RIO) (ASX:NCM) (NYSE: $AGI) (TSXV: $WHM.V)


#ExploringMining #Podcast Episode 125 – #Mining #Stocks News from (NYSE: $RIO) (ASX:NCM) (NYSE: $AGI) (TSXV: $WHM.V)  


Point Roberts WA, Delta BC, December 10, 2020,, 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) has disclosed to the Australian Securities Exchange (ASX) a maiden Ore Reserve and updated Mineral Resource at the 100 percent-owned Jadar lithium-borates project in western Serbia. According to the press release, “the Jadar project has the potential to produce both battery grade lithium carbonate and boric acid,” the former of which gives the company the “potential to provide lithium products,” to the electric vehicle (EV) market, and the latter of which is “a key raw material for advanced glass and fertilizer products and would be integrated with and complimentary to Rio Tinto’s established position in this market.”


Newcrest Mining Limited (ASX:NCM) has announced its Initial Inferred Mineral Resource estimate at the Havieron Project in Paterson Province, Western Australia. The company’s CEO and Managing Director, Sandeep Biswas, explained:


"It is an incredible achievement that Newcrest and our joint venture partner, Greatland Gold, have been able to deliver an Inferred Mineral Resource estimate for Havieron in such a short timeframe. This is an important milestone in the journey to fully define the potential of the Havieron Project, with drilling results outside of the mineral resource supporting the potential of a larger mineral resource over time."


Alamos Gold Inc. (NYSE:AGI) has provided its 2021 production and operating guidance. Some highlights include production growth with guidance of 470,000 to 510,000 ounces of gold, an increase of 17 percent over 2020, and an exploration budget increase to $50 million, up from $36 million in 2020. John A. McCluskey, President and CEO of Alamos Gold, said:


“This has been a transformational year for Alamos. Operationally, we continue to execute and remain on track to achieve our 2020 production, cost, and capital guidance. We also delivered on several significant catalysts which have solidified our strong outlook. We completed the lower mine expansion at Young-Davidson, transitioned to strong free cash flow generation in the third quarter, and began construction on the high-return La Yaqui Grande project and Phase III Expansion at Island Gold.”


White Metal Resources Corp. (TSXV:WHM) has received assay results from 299 rock samples, with the highest being 16.2 g/t Au, that it collected from the Tower Stock Gold Property near Thunder Bay, Ontario, Canada. The company’s President and CEO, Michael Stares, said:


“We are very pleased with the grab sample assay results received to date. In addition to discovering new areas of elevated gold mineralization, this sampling program corroborates the presence of elevated gold concentrations on the Property and at many of the historical locations. I look forward to finishing the data compilation and moving the drill rig onto the Property early in the new year. Given the number of gold showings and different styles of gold and base metal mineralization on the Property, I am very excited about the Property potential to host an economic gold deposit or deposits."


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