CEO : Earnings : Feature : Reports : Up and Downgrades : Wire  



  News - Gold : Juniors : Mining : Silver | Bookmark : : Update Page

Archives

Select different month:


Categories

Search




First Majestic Reports Third Quarter Financial Results - “During the third quarter, we delivered record silver production resulting in higher revenues and cash flows compared to the previous quarter even when we experienced a nine year low in average quarterly silver prices,” stated Keith Neumeyer, President and CEO of First Majestic. “Consolidated cash costs and AISC decreased nicely to $6.85 and $15.12, respectively, due to improved economies of scale and higher production from San Dimas. Cost cutting efforts remain a focus of the Company by reducing capital investments at our smaller mines, innovation projects, layoffs and overall curtailment of spending.” More
- 11/07/18 | Item


Northern Dynasty: Alaska voters elect pro-development State Governor Mike Dunleavy - "Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE MKT: NAK) ("Northern Dynasty" or the "Company") reports that with 98% of precincts reporting, Alaska voters in a November 6, 2018 state-wide election have elected a new Governor, Republican Mike Dunleavy." More
- 11/07/18 | Item


B2Gold Corp. Reports Positive Third Quarter 2018 Results; Quarterly Operating Cash Flows Increase by $101 M (240%) to $143 M on Record Gold Production - "B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce its operational and financial results for the three and nine months ended September 30, 2018. The Company previously released its gold production and gold revenue results for the third quarter and first nine months of 2018 (see news release dated 10/11/2018). All dollar figures are in United States dollars unless otherwise indicated." More
- 11/07/18 | Item


IAMGOLD Reports Third Quarter 2018 Results - Confirms Corporate Guidance - and Updates Growth Projects Showing Higher Expected Returns - "We maintain our full-year 2018 guidance for production of 850,000 to 900,000 attributable ounces and guidance for cost of sales of $765 to $815 per ounce, total cash costs of $750 to $800 per ounce produced, and all-in sustaining costs of $990 to $1,070 per ounce sold. As anticipated, the third quarter was weaker than the first half of the year with the gold margin under pressure and production at Rosebel on the lighter side. Our balance sheet remains strong, reserves continue to grow and our development projects are looking more robust than ever. The declaration of reserves at Saramacca, with the grade nearly double that of Rosebel's, drove Rosebel's reserves up 51% adding five years to the life of the mine. At Essakane, we are evaluating an opportunity to add incremental ounces by optimizing mill performance. Shifting Heap Leach construction until closer to the end of Essakane's life would free up capital for other high-value growth projects. Recent feasibility study results for the Côté Gold and Boto Gold projects showed increased reserves and significant improvements in project economics compared to earlier studies. Our ability to add significant value through exploration continues, with recent positive results from Nelligan and Diakha." More
- 11/07/18 | Item


Great Panther Silver Announces Filing of NI 43-101 Technical Report for the Tucano Gold Mine - "GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE American: GPL) ("Great Panther"; the "Company") today reports it has filed a National Instrument 43-101 Technical Report entitled Mineral Resource and Reserve Update for the Tucano Gold Mine dated October 31, 2018 (the "Technical Report") on the Tucano Gold Mine in connection with the proposed acquisition of Beadell Resources Limited ("Beadell"), as announced in the Company's September 23, 2018 news release (the "Acquisition"). The Technical Report is available on SEDAR and EDGAR." More
- 11/07/18 | Item


SEMAFO: Cash Flow from Operations of $21.0 million in Third Quarter 2018 - "During the third quarter of 2018, gold sales amounted to $60,772,000 compared to $69,832,000 for the same period in 2017. The decrease is due to the lower average realized selling price as well as the lower gold ounces produced and sold at the Mana Mine, partially offset by gold sales from the Boungou Mine. The decrease in gold ounces produced at the Mana Mine reflects the mine plan. The variation between gold ounces sold and gold ounces produced during the quarter is due to the timing of delivery and the build-up of gold in circuit at the Boungou Mine." More
- 11/07/18 | Item


Pan American Silver Reports Cash from Operating Activities of $41.7 million in Q3 2018 - "We continue to generate strong cash flow, which increased our cash and short-term investment balance at the end of the quarter to $252.7 million , despite realizing the lowest metal prices of the year," said Michael Steinmann, President and Chief Executive Officer of the Company. "The depressed metal prices had a significant impact on both settlement adjustments on concentrate shipments and NRV inventory adjustments, which together reduced earnings in the quarter by approximately $33.2 million." More
- 11/07/18 | Item