Exploring Mining Podcast: News from (NYSE: GOLD) (TSXV: PRG) (NYSE: AEM) (NYSE: AG) (NYSE: IAG)
Point Roberts, WA and Delta, BC - April 14, 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: GOLD) (TSXV: PRG) (NYSE: AEM) (NYSE: AG) (NYSE: IAG)
Barrick Gold Corporation (NYSE:GOLD), Precipitate Gold Corp. (TSXV:PRG) (PGC), and some affiliates, entered into an earn-in agreement giving Barrick the exclusive right to acquire a 70% interest in PGC's Pueblo Grande Project in the Dominican Republic. Furthermore, the two firms entered into a subscription agreement in which Barrick agreed to acquire, and PGC has agreed to issue to Barrick, 12,713,636 Common Shares for investment purposes.
Agnico Eagle Mines Limited (NYSE:AEM) has provided an update following an announcement from the government of Quebec indicating that mining activities will be permitted to resume in the province in a gradual and supervised manner beginning on April 15, 2020. Agnico aims to resume its operations in the Abitibi region of Quebec "in an orderly fashion while ensuring the safety of employees." According to the press release, Agnico "will implement health, hygiene and physical distancing measures that meet or exceed the requirements of the Government of Quebec, including the Quebec department of Public Health and the Province's Committee on Standards, Equity, and Occupational Safety (CNESST)."
First Majestic Silver Corp. (NYSE:AG) has announced first quarter 2020 production results of 6.2 million silver equivalent ounces consisting of 3.2 million ounces of silver and 32,202 ounces of gold. Among the highlights were the company's achieved consolidated average silver recoveries of 89 percent, which is the highest in company history. Keith Neumeyer, First Majestic President and CEO, said:
"Strong production from our three operating mines reached 6.2 million silver equivalent ounces in the first quarter, or 9% above our previously suspended guidance. Our San Dimas, Santa Elena and La Encantada mines were all operating above guidance prior to Mexico's Federal Decree to suspend all mining activities in response to the COVID-19 pandemic. While we support the actions being taken, we continue to engage in discussions with Federal and State authorities to raise awareness on the importance of silver mining as an essential business."
IAMGOLD Corporation (NYSE:IAG) will commence the restart from care and maintenance status at its Westwood Gold Mine in Quebec. This follows the aforementioned announcement from the Quebec government that mining operations are now deemed "an essential business activity." The following excerpt from the press release outlines the company's commitment to safety upon restarting operations:
Ramp-up activities will take approximately one week, with employees being trained on new procedures and sanitary measures, including adjusted work schedules and transport, physical distancing and protective equipment. Protecting the health and safety of our workforce is critical for the successful resumption of mining activities at Westwood. Accordingly, the Company is undertaking additional measures to improve monitoring of the well-being of our workforce.
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