Investorideas.com

Get great ideas from our AI, cannabis, cleantech, crypto, esports and mining podcasts - be a guest or sponsor : 800 665 0411


Share on StockTwits

Exploring Mining Podcast Episode 143 - News from (TSXV: DEFN) (OTCQB: DFMTF) (NYSE: RIO) (NYSE: GOLD) (TSXV: AAG)

 

Point Roberts, WA and Delta, BC - February 17, 2021 (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:

https://www.investorideas.com/Audio/Podcasts/2021/021721-Mining.mp3

Exploring Mining Podcast Episode 143: News from (TSXV: DEFN) (OTCQB: DFMTF) (NYSE: RIO) (NYSE: GOLD) (TSXV: AAG)

SHARE PODCAST:      

Listen to Exploring Mining podcast on iTunes Apple podcasts

Listen to Exploring Mining on Spotify

Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has received additional pre-pilot hydrometallurgical test work utilizing high-grade rare earth element (REE) mineral concentrate. Highlights include: increased REE extraction from 91.5% to 97.3% from flotation concentrate, decreased REE losses, and flowsheet simplification. The company's CEO, Craig Taylor, said:

"Our decision to conduct additional infill hydrometallurgical test-work has yielded significant REE recovery gains approaching 100% REE extraction from the flotation concentrate. Perhaps more importantly, this additional testing has advanced the Wicheeda REE separation flowsheet such that we are able to "tune" process variables (chiefly: grind size, acid, and caustic concentrations) to achieve a balance of minimizing REE leach losses and maximizing impurity removal. This level of process control will de-risk our planned hydrometallurgical pilot plant and contribute to greater flexibility in design of a future commercial-scale hydrometallurgical plant.

Rio Tinto Group (NYSE:RIO) announced to the Australian Securities Exchange estimate updates to Mineral Resources and Ore Reserves at its Pilbara iron ore deposits in Western Australia, Rio Tinto Aluminium (RTA) Pacific Operations' Weipa and Gove assets in Australia, and Mineral Resources at the Kennecott Copper operation in Utah. Additionally, the company's Board has approved a total dividend of 557 US cents per share including a special dividend of 93 US cents per share. Rio Tinto CEO Jakob Stausholm said:

"Safe and well-run operations, together with world-class assets, great people, capital discipline and a strong balance sheet, leave Rio Tinto well placed to generate superior returns for shareholders, invest in sustaining and growing our portfolio, and make a broader contribution to society."

Barrick Gold Corporation (NYSE:GOLD) has reached an agreement to sell its 100 percent interest in the Lagunas Norte mine in Peru to Boroo Pte Ltd, a privately-held investment holding company, for a total consideration of up to $81 million. According to the press release, "the total consideration consists of an up-front cash payment of $20 million, additional cash consideration of $10 million payable on the first anniversary of closing and $20 million payable on the second anniversary of closing, a 2% net smelter return royalty on gold and silver produced through the refractory sulphide ore project, which will terminate once one million ounces of gold has been produced and which may be purchased by Boroo for a limited period of time after closing for $16 million, plus a contingent payment of up to $15 million which is based upon the average gold price per ounce for the two-year period immediately following closing."

Aftermath Silver Ltd. (TSXV:AAG) has commenced field work at the Challacollo Silver-Gold project in northern Chile. The project will test material outside of the high-grade structures that formed the Mineral Resource Estimate, and Aftermath also plans to "undertake preliminary metallurgical leach testwork on composites from this sampling program." The company's President and CEO, Ralph Rushton, said:

"Following the highly successful resource estimate which added tremendous value to Challacollo, the next phase of our concept for the project is to test the hangingwall sequence where historically only visible structures were sampled. This sampling program is an important next step in our exploration and engineering efforts at Challacollo. If successful, the program will help further refine the objectives of the planned drilling at Challacollo."

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

News on Defense Metals Corp. is a paid for service on Investorideas.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

Join our Investor Club https://www.investorideas.com/membership/

Contact Investorideas.com

800 665 0411

Gold Mining Stocks - Gold Mining Stocks Directory, Gold Stocks News, Research and Resources

Gold-MiningStocks.com - investing ideas in gold and mining stocks

Like Gold Stocks? View our Gold / Mining Stocks Directory

Get News on Mining Stocks

Buy a mining guest post on Investorideas.com