The Otjikoto Mine continued to outperform during the second quarter of 2024, producing 48 143 ounces of gold, above expectations as a result of higher than anticipated mill feed grade, B2Gold Corporation said. For the second quarter of 2024, mill feed grade was 1.79 grams per tonne (g/t), mill throughput was 0.85 million tonnes, and gold recovery averaged 98.6%. https://lnkd.in/dXd-ATDF
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👉 RECAP - A brief 2023/2024 update on our Lindero Mine! 2023 Operating Results: ✅ Q4 2023 gold production: 29,591 ounces ✅ FY 2023 gold production: 101,238 ounces, achieving midpoint of annual production guidance 2024 Guidance Outlook: ✅ Sustaining capital-intensive year, including a one-time leach pad expansion of USD$41.7 million ✅ Expected to place 6.6 million tonnes of ore on leach pad averaging 0.62 g/t Au, containing an estimated 131,000 ounces of gold ✅ Capital investments are estimated at USD$64.0 million Learn more! ➡️ https://lnkd.in/gHXY9xY3 #MiningWithPrideAndPurpose #Finance
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Press release (7 December 2023) Northgold reports remaining 2023 gold and copper drill results from Kopsa, including 0.91 grams per tonne gold-equivalent over 105.2 metres “We are delighted to follow the previously announced strong drill results from deeper, south-central portions of the deposit, with today’s announced continued success on either side. This is particularly important, because in order to expand the central portions of the deposit to the south and towards depth, the southern limits of the expanded resource pit shell would naturally grow to also encompass today’s newly reported southeastern and southwestern mineralized zones, and this should bode well for helping to maintain Kopsa’s low strip ratio as it grows.” -Mitch Vanderydt, CEO Read the full release here: https://lnkd.in/dxeERzJr #miningnews #drillresults #gold #copper #goldexploration #goldinvestment #goldstocks #goldprice #finland #nasdaq #sweden #norway #germany #uk #switzerland #europe #goldresources #northgold #NG
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Barrick Gold (NYSE: GOLD) Reports Decline in Q1 Gold and Copper Production, Stock Slides 5% https://lnkd.in/dA6D2PT5 #NYSE #stockmarketnews #stockmarket #BusinessNews #news #NewsAlert
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Why 2024 may suit silver, and production jumps at New Gold https://lnkd.in/dgNMEZUx New Gold reported that consolidated gold production is expected to increase by approximately 35% from 2023 to 410,000 to 460,000 ounces in 2026 driven by increasing production profiles at both Rainy River and New Afton as growth projects are completed in the near-term. The company still sold off in a down market for gold miners, off 6% for the week to $1.58 a share.
Why 2024 may suit silver, and production jumps at New Gold
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Our latest research on Steppe Gold Ltd reveals impressive Q3 results: 18% production growth at ATO #gold mine, surpassing forecasts by 7%. Fully funded for phase two expansion, aiming for 100+ Koz production by 2025. The Tres Cruces project (Peru) PEA confirms $159M AT-NPV5%. We maintain a positive outlook on gold prices amid expected Fed rate cuts. Read the full report for more details and future catalysts: https://lnkd.in/gfehbyjt *FRC provides issuer paid coverage. *Past performance is not indicative of future results. #SteppeGold #GoldMining #Q3Results #InvestmentInsights #MiningIndustry #GoldProduction #FinancialAnalysis #MarketOutlook #PreciousMetals #ExpansionPlans #Opportunity
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Gold miner, Barrick Gold recently reported preliminary full year and fourth quarter 2023 production results. On the back of higher Q4 production, preliminary gold production for the full year of 4.05 million ounces was consistent with our forecast as guided in our third quarter release.1 Preliminary copper production of 420 million pounds for 2023 was within the guidance range of 420 to 470 million pounds. https://lnkd.in/d2piK_W3
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TRU Precious Metals Corp. (TSXV: TRU) (TSXV:TRU, OTCQB:TRUIF, FSE:706) (“TRU” or the “Company”) is pleased to announce that, further to its news release dated July 30, 2024, it has obtained both shareholder approval and TSX Venture Exchange approval of the definitive earn-in agreement (the “Option Agreement”) transaction with Eldorado Gold Corporation (TSX:ELD, NYSE:EGO) (“Eldorado”). Pursuant to the Option Agreement, Eldorado has been granted the exclusive option (the “Option”) to earn an 80% ownership interest in TRU’s Golden Rose Project (“Golden Rose”), strategically located along the gold deposit-bearing Cape Ray – Valentine Lake Shear Zone in Central Newfoundland. Closing of the Option Agreement remains subject to TRU’s receipt of a drilling permit for Golden Rose from the Mineral Lands Division of the Newfoundland government (“Mineral Lands”). The permit application is under review by Mineral Lands and is expected to be issued within the month of August. https://lnkd.in/g45ts4Pd #TRUPreciousMetals #MiningDiscovery #MarketGainers #TSXV #Investing #StockMarket #MiningIndustry #PreciousMetals #InvestorAlert #StockSurge #MarketWatch #MiningNews #TSXVGainers #CommodityStocks #MarketUpdate #StockInvesting #MiningExploration #ResourceStocks #Investors #GoldMining
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TRU Precious Metals Corp. (TSXV: TRU) (TSXV:TRU, OTCQB:TRUIF, FSE:706) (“TRU” or the “Company”) is pleased to announce that, further to its news release dated July 30, 2024, it has obtained both shareholder approval and TSX Venture Exchange approval of the definitive earn-in agreement (the “Option Agreement”) transaction with Eldorado Gold Corporation (TSX:ELD, NYSE:EGO) (“Eldorado”). Pursuant to the Option Agreement, Eldorado has been granted the exclusive option (the “Option”) to earn an 80% ownership interest in TRU’s Golden Rose Project (“Golden Rose”), strategically located along the gold deposit-bearing Cape Ray – Valentine Lake Shear Zone in Central Newfoundland. Closing of the Option Agreement remains subject to TRU’s receipt of a drilling permit for Golden Rose from the Mineral Lands Division of the Newfoundland government (“Mineral Lands”). The permit application is under review by Mineral Lands and is expected to be issued within the month of August. https://lnkd.in/gU8CQRjE #TRUPreciousMetals #MiningDiscovery #MarketGainers #TSXV #Investing #StockMarket #MiningIndustry #PreciousMetals #InvestorAlert #StockSurge #MarketWatch #MiningNews #TSXVGainers #CommodityStocks #MarketUpdate #StockInvesting #MiningExploration #ResourceStocks #Investors #GoldMining
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“These column leach test results are very encouraging and confirm that that the gold-in-oxide material at the MG gold deposit at Cuiú Cuiú is amenable to heap-leach processing. The leach recoveries of 92% to 93% are excellent and significantly better than previous test work which revealed an 82% recovery. They are also significantly higher than most heap leach gold mines that are currently in operation. These results should allow us to positively adjust our projected gold recoveries which form part of the ongoing prefeasibility study. These gold recoveries are particularly significant given the recent excellent drill results we are seeing from the Machichie Main and Machichie NE targets which are located only 500m and 650m north of the MG gold deposit, and indicate significant potential for additions of gold-in-oxide material in close proximity to MG.” -- Alan Carter, President & CEO https://lnkd.in/dVWx_pVT
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TRU Precious Metals Corp. (TSXV: TRU) (TSXV:TRU, OTCQB:TRUIF, FSE:706) (“TRU” or the “Company”) is pleased to announce that, further to its news release dated July 30, 2024, it has obtained both shareholder approval and TSX Venture Exchange approval of the definitive earn-in agreement (the “Option Agreement”) transaction with Eldorado Gold Corporation (TSX:ELD, NYSE:EGO) (“Eldorado”). Pursuant to the Option Agreement, Eldorado has been granted the exclusive option (the “Option”) to earn an 80% ownership interest in TRU’s Golden Rose Project (“Golden Rose”), strategically located along the gold deposit-bearing Cape Ray – Valentine Lake Shear Zone in Central Newfoundland. Closing of the Option Agreement remains subject to TRU’s receipt of a drilling permit for Golden Rose from the Mineral Lands Division of the Newfoundland government (“Mineral Lands”). The permit application is under review by Mineral Lands and is expected to be issued within the month of August. https://lnkd.in/g45ts4Pd #TRUPreciousMetals #MiningDiscovery #MarketGainers #TSXV #Investing #StockMarket #MiningIndustry #PreciousMetals #InvestorAlert #StockSurge #MarketWatch #MiningNews #TSXVGainers #CommodityStocks #MarketUpdate #StockInvesting #MiningExploration #ResourceStocks #Investors #GoldMining
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