Thursday, September 08, 2022

#ExploringMining #Podcast 298 - News from (NYSE: $AA) (NYSE: $HL) (NYSEAmerican: $AXU) (NYSE: $EXK) (NYSEAmerican: $NGD)


#ExploringMining #Podcast 298 - News from (NYSE: $AA) (NYSE: $HL) (NYSEAmerican: $AXU) (NYSE: $EXK) (NYSEAmerican: $NGD)     


Vancouver, Kelowna, Delta, BC, September 8, 2022, 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 it has received certification from the Aluminium Stewardship Initiative (ASI) for its Poços de Caldas operations in Brazil. This means that now all of the company’s operating locations in Brazil are ASI certified, and brings the global number of ASI-certified Alcoa sites to 17. Otavio Carvalheira, Alcoa’s President of Brazil and Vice President of Operations, said:


"This certification marks an important milestone in our efforts to ensure that all of our Brazilian operations adhere to the highest sustainability standards. It demonstrates our commitment to our stakeholders that we always strive to operate safely, with protection of the environment and respect for people, and to produce products that will create a more sustainable future."


Hecla Mining Company (NYSE:HL) has completed the acquisition of Alexco Resource Corp. (NYSEAmerican:AXU). Phillips S. Baker, Jr., Hecla’s President & CEO, explained:


"With the world’s increasing demand for silver for clean energy, Hecla is helping meet that demand as the world’s fastest growing established silver miner. Since 2010, Hecla has increased silver production by more than 25%. With the additional production from Alexco’s Keno Hill, and the continued production growth from Greens Creek and Lucky Friday, we expect Hecla to produce 17-20 million ounces per year in the next few years, which is 30 to 55% more than 2021. Hecla’s silver production is in the United States where it already produces 40% of all the silver mined and, with Keno Hill, Hecla is on the path of being Canada’s largest silver producer as well."


Endeavour Silver Corp. (NYSE:EXK) has reported positive drill results from its ongoing drill program at its Parral project in the Mexican state of Chihuahua. According to the press release, Endeavour has drilled over 5,300 meters in 23 holes since April this year, making for a total of 8,100 meters year to date. Dan Dickson, the company’s CEO, said:


“In the areas of the El Verde and Sierra Plata historically mined areas, we continue to verify extensions of the mineralized zones at depth and along strike. The focus for the rest of the year will be to test the northern part of the project with a surface drilling program on various north to south striking structures, such as the northern extension of Veta Colorada, San Alberto and the El Cabezón systems; as well as resuming drilling of the San Patricio vein.”


New Gold Inc. (NYSEAmerican:NGD) has shared drill results for the underground exploration program on its New Afton Mine and has provided an update on additional exploration activities at its operations. The company’s President and CEO, Renaud Adams, explained:


"New Afton's underground exploration program is focused on increasing higher-grade Mineral Resources to enhance the near-term mine plan and extend the mine life. We are focused primarily on three key initiatives. The first involves defining the higher-grade zone within the upper portion of the East Extension. The second is to explore the potential down plunge extension of the higher-grade zone, and the third initiative is to test for additional mineralization beneath the higher-grade zone. The upper portion of the East Extension continues to return gold and copper assay results well above the current Mineral Reserve grades, while the lower portion down plunge and the D-Zone remain open. Given the lateral proximity to the C-Zone, the East Extension appears to have the potential to bring additional higher-grade reserves at a low development cost into the mine plan in the near-to mid-term."


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