Thursday, March 31, 2022

#ExploringMining #Podcast 261 - News from (NYSE: $NEM) (NYSE: $SKE) (NYSE: $BVN) (NYSE: $EGO) (TSXV: $TRA.V)



 

#ExploringMining #Podcast 261 - News from (NYSE: $NEM) (NYSE: $SKE) (NYSE: $BVN) (NYSE: $EGO) (TSXV: $TRA.V)        

 

Vancouver, Kelowna, Delta, BC, March 31, 2022 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.

 

Exploring Mining has been selected by Feedspot panelist as one of the Top 25 Mining Podcasts on the web.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2022/033122-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2022/exploring-mining/03311NEM-SKE-BVN-EGO-TRA.asp

 

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Newmont Corporation (NYSE:NEM) has entered into a definitive agreement with Skeena Resources Limited (NYSE:SKE) to acquire certain properties located in Tahltan Territory in northwestern British Columbia conditional upon the successful completion of Skeena’s proposed acquisition of QuestEx Gold & Copper Ltd. Newmont’s President and CEO Tom Palmer said:

 

"We are committed to developing a world class mining jurisdiction in the region which includes sustainable resource development while protecting and conserving lands under the Tahltan Stewardship Initiative that are important to the Tahltan Nation and the Iskut community. We are acquiring the land in an effort to address concerns raised by the Tahltan Nation. The mining claims around Iskut are not being purchased for development or their mineral potential."

 

Buenaventura (NYSE:BVN) has received approval for all required permits from the Government of Peru for the San Gabriel Mine Project, allowing it “to immediately commence mining project construction, development and exploitation immediately.” Leandro Garcia, Buenaventura’s CEO, explained:

 

“San Gabriel will almost double Buenaventura’s current gold production starting in 2025 and will contribute between 120k – 150k gold ounces a year with a more than 10-year LOM. The San Gabriel Mine Project also contributes important economic and social benefits for our local communities. Receipt of all relevant permits demonstrates local community support of the project, reflected in the important agreements we have reached and signed together to ensure our project’s safe, environmentally responsible and socially favorable success."

 

Eldorado Gold Corporation (NYSE:EGO) has shared results from the exploration programs at the Lamaque, Efemcukuru and Kassandra operations. Highlights include an intercept of 2.3 metres at 16.1 g/t gold at Lamacque in Quebec, 6.1 metres at 14.2 g/t gold at Efemcukuru in Turkey, and 10.4 metres at 13.9 g/t gold at the Kassandra Mines in Greece. George Burns, President and CEO of Eldorado Gold Corporation, said:

 

“The Company will continue developing these targets through the remainder of 2022, and continue to advance our greenfields programs in surrounding areas. In 2022, we have increased our exploration program spending by roughly 45%, from 2021 levels, which demonstrates our strong commitment to delivering value from our existing portfolio.”

 

Teras Resources Inc. (TSXV:TRA) has announced that it has increased its land position on its Watseka gold property in Madison County Montana. According to the press release, the property “consists of 12 patented mining claims owned by Teras”. The company’s CEO, Joseph Carrabba, said:

 

"We are pleased to advance our Watseka project with the addition of approximately 65 acres of leased land that joins our project. These claims are strategic in the development of Watseka, which we could potentially mine and mill at our site. The newly leased lands have been historically sampled and drilled with very encouraging results. We will provide our shareholders with further progress reports in the coming weeks."

 

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