#ExploringMining #Podcast Episode 122 – #Mining #Stock News from (NYSE: $AA) (NasdaqGS: $KALU) (NYSE: $IAG) (NYSE: $EXK) (TSX: $LN.TO)
Point Roberts WA, Delta BC, December 1, 2020 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:
https://www.investorideas.com/Audio/Podcasts/2020/120120-Mining.mp3
Read this in full at
https://www.investorideas.com/news/2020/exploring-mining/12011AA-KALU-IAG-EXK-LN.asp
Listen to Exploring Mining podcast on iTunes Apple podcasts
Listen to Exploring Mining on Spotify
Alcoa Corporation (NYSE:AA) has announced an agreement to sell its rolling mill business to Kaiser Aluminum Corporation (NasdaqGS:KALU) for total consideration of approximately $670 million. The transaction will see Alcoa “retain ownership of the site’s 269,000 metric ton per year aluminum smelter and its electric generating units,” and “enter into a market-based metal supply agreement with Kaiser Aluminum at closing.” Roy Harvey, CEO of Alcoa, said:
"The sale will achieve a key target in our strategy to focus on core markets while generating additional cash. We look forward to having Kaiser Aluminum as a valued customer at Warrick Operations, and we thank all of the employees who have contributed significantly to the site’s 60-year history of manufacturing excellence."
IAMGOLD Corporation (NYSE:IAG) has reported the remaining assay results from its 2020 exploration diamond drilling program at its Nelligan joint venture project in Quebec, Canada. Craig MacDougall, Executive Vice President, Growth for IAMGOLD, explained:
"These remaining results continue to demonstrate continuity of mineralization from the infill drill holes completed in the resource area, and importantly, also continue to demonstrate that mineralization extends well beyond the area of the current modeled resource to the west for at least 500 to 700 metres. The mineralization and associated alteration intersected to date along this western extension appears similar to that observed in the current estimated resource and has potential to expand existing project resources with additional drilling. I must congratulate the exploration team for their perseverance to safely and successfully complete the 2020 exploration program with the numerous challenges posed by the global COVID-19 crisis."
Endeavour Silver Corp. (NYSE:EXK) is intersecting high-grade gold-silver mineralization in the Melladito and San Bernabe vein systems at the Bolanitos mine in Guanajuato, Mexico. According to the press release, the site has seen 22 holes drilled, of which, 11 holes and 22 mineralized intervals returned high grades over mineable widths. Highlights include: hole BN-58, which boasted 12.76 gpt gold and 55 gpt silver over 4.5 m true width, featuring 0.4 m grading 43.5 gpt gold and 171 gpt silver, and hole BN-52, which reported 0.51 gpt gold and 491 gpt silver over 2.7 m true width, featuring 0.4 m grading 1.74 gpt gold and 2,220 gpt silver.
Loncor Resources Inc. (TSX:LN) has reported multiple gold intercepts at the first core hole of a 7,000 metre drilling program at its flagship Adumbi deposit. This includes “20.33 metres grading 2.47 g/t gold (including 4.8 metres grading 5.40 g/t Au), 7.33 metres grading 5.80 g/t Au and 20.77 metres grading 1.72 g/t Au, on its 84.68% owned Imbo Project,” in the Democratic Republic of the Congo (DRC). Loncor’s President, Peter Cowley, commented:
“We are encouraged by the results of this first hole of our 7,000 metre drilling program at Adumbi where we are targeting a significant increase of resources, both within and below the open pit shell. Exploration is also ongoing on new targets along the 14 kilometre long mineralized trend on the Imbo permit in order to generate additional drill targets. If we achieve our objectives, the next step will be a Preliminary Economic Assessment to illustrate the positive economic potential that we believe is contained within Adumbi and the neighbouring deposits and other targets within the Imbo exploitation permit.”
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash and others.
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:
https://www.investorideas.com/Audio/
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
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android
Join our Investor Club https://www.investorideas.com/membership/
Contact Investorideas.com to be a guest or sponsor this podcast
800-665-0411
Get more mining stock investor ideas- news, articles, podcasts and stock directories