Exploring Mining Podcast: News from (NYSE: NEM) (TSXV: GFG) (ASX: NCM) (NYSE: AA) (TSXV: WGO) (TSXV: BHS)
Point Roberts, WA and Delta, BC - February 20, 2020 (Investorideas.com Newswire) 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:
Exploring #Mining #Podcast: News from (NYSE: NEM) (TSXV: GFG) (ASX: NCM) (NYSE: AA) (TSXV: WGO) (TSXV: BHS)
Newmont Corporation (NYSE:NEM) has announced its full year and fourth quarter 2019 results. Highlights include the production of 6.3 million attributable ounces of gold, the generation of $2.9 billion of cash from continuing operations and Free Cash Flow of $1.4 billion. Tom Palmer, President and CEO, said:
"In 2019, Newmont generated $1.4 billion in free cash flow from the gold industry's best portfolio of assets and we continued to deliver on our promises by completing four projects on four continents within budget. We returned $1.4 billion to shareholders through dividends and share repurchases and as we enter our centenary year, Newmont is well positioned with the industry's largest reserve base strategically located in top-tier jurisdictions that enables us to sustain production and generate robust cash flow across price cycles."
Perhaps as a consequence to this news release, Newmont stock is up about 5 percent at press time.
GFG Resources Inc. (TSXV:GFG) has extended the option period under the Rattlesnake Hills Gold Project option and earn-in agreement with Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest Mining Limited (ASX:NCM) from March 9, 2020 to May 1, 2020. According to the press release, this gives Newcrest "additional time to consider exercising its option to enter into the earn-in phase of the Agreement. The earn-in phase consists of three stages whereby Newcrest can earn up to 75% of the Project over an eight-year period."
The Aluminum Stewardship Initiative (ASI) has certified Alcoa Corporation (NYSE:AA) to be able to market products under the former's Chain of Custody standard. Alcoa President and CEO Roy Harvey explained:
"The certifications to the ASI Performance and Chain of Custody standards will offer our customers additional assurance of our commitment to responsible and sustainable production while complementing our existing SustanaTM line of aluminum products. Today's announcement aligns with our strategic priority to advance sustainably and it serves as another reinforcement of our strong reputation and industry leadership."
White Gold Corp. (TSXV:WGO) has announced positive RC drill results on its recently acquired VG Deposit on the QV Property. 2019 drill highlights include, variously, the interception of 50.3m of 2.07 g/t Au, 38.10m of 1.97 g/t Au, 36.58m of 1.42 g/t Au, 33.54m of 1.09 g/t Au, and 10.67m of 2.09 g/t Au. White Gold CEO David D'Onofrio commented:
"We are very pleased with the results of our 2019 RC drill program on the recently acquired VG Deposit. The program further expanded the footprint of the deposit, which continues to remain open along strike and at depth and refined the geologic model for continued follow up work. Furthermore, the mineralization, alteration, geochemistry and structural controls of the VG are remarkably similar to our flagship Golden Saddle deposit just 10km to the south. This property has seen very limited exploration to date and we are confident that our team is well positioned to maximize the value of the VG deposit and the several other highly prospective and untested new targets on the property through leveraging our innovative data driven exploration methodologies."
Bayhorse Silver Inc. (TSXV:BHS) has reported that upon extensive metallurgical work on a high grade sample from the Bayhorse Silver Mine in Oregon, it has established "a smelter concentrate for submission to select smelters for off-take pricing." The company CEO Graeme O'Neill commented:
"We are very pleased with the initial gravity and flotation recovery results, and the excellent concentrate grades for the smelter sample. We note that due to the presence of high grade mineralization at the Bayhorse Mine, test work on the mineral liberation size, flotation reagent levels and other specialized gravity recovery methods is ongoing to ensure maximum recoveries to the concentrate."
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:
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.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.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
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
Contact Investorideas.com to be a guest or sponsor this podcast