Mountain Province Diamonds Inc. announces its financial and operating results for the third quarter and nine months ended September 30, 2023. All figures are expressed in Canadian dollars unless otherwise noted. Q3 2023 Key Highlights 478,653 carats were sold for total proceeds of $60.3 million at an average price of $126 per carat. Quarterly Adjusted EBITDA of $25.1 million1 Earnings from mine operations of $2.7 million. Net loss of $13.4 million or $0.06 basic and diluted loss per share. Included in the determination of the net loss at September 30, 2023 is a non-cash adjustment to net realizable value from carrying cost, of $9.7 million in respect of total rough diamond inventories held by the Company. At September 30th, 2023 the Company held $214 ...

Centurion Minerals wishes to report that the Company intends to proceed with a non-brokered private placement financing for a minimum $350,000 priced at $0.02. The Company has received firm commitments for a majority of this amount and intends to close on this minimum in Nov. Approximately $200,000 will consist of a Unit offering comprising one common share and one-half share purchase warrant. Each full warrant shall have a term of 24 months commencing on the Closing Date and shall entitle the holder to purchase one common share at a price of $0.05 during the first year and $0.10 during the second year. Up to $150,000 will consist of a Flow-through share only. 50% of financing proceeds are allocated for property payments and furthering exploration activities on the ...

Royalty Expected to Generate Material near Term Income Elemental Altus Royalties Corp. announces the closing of the previously announced sale of the 'shovel-ready' Korali-Sud Small Scale Mining Licence & the highly prospective Lakanfla Exploration Licence to Allied Gold Corporation . The Project is located approximately 15km from Allied's Sadiola gold mine in Western Mali. Allied has announced its intention to fast-track production at Diba in H1 2024 to complement existing oxide ore sources in the Sadiola mine plan. Highlights: Completion of sale of Diba Project in western Mali to Allied Gold for royalty and cash milestone payments Uncapped Net Smelter Return royalty expected to generate material near term income: 3.0% on first 226,000 ounces of gold produced from the defined...

IAMGold Corp. announced the retirement of Mr. Ian Ashby, who has served on the Company's board of directors since February 2022, and the appointment of Ms. Anne Marie Toutant as an independent director to the board. These changes are effective as of today, Nov 9, 2023. David Smith, Chair of the IAMGOLD, extended his appreciation for Ian Ashby's service. Mr. Smith remarked, "Ian has been an invaluable member of our board, and we want to express our deepest gratitude for his service and the valuable insights he brought during a critical time for our company. His contributions and leadership of the Côté Project Review Committee were instrumental during the advancement of Côté Gold. On behalf ...

IAMGold Corp. today reported its financial and operating results for the third quarter ended September 30, 2023. HIGHLIGHTS: Operations Attributable gold production from continuing operations was 109,000 ounces. Attributable gold production guidance for 2023 is unchanged and is expected to be in the range of 410,000 to 470,000 ounces. Revenues from continuing operations were $224.5 million from sales of 116,000 ounces at an average realized gold price1 of $1,937 per ounce. Cost of sales per ounce sold from continuing operations was $1,436, cash cost1 per ounce sold from continuing operations was $1,400 and all-in-sustaining-cost1 per ounce sold from continuing operations was $1,975. The Company now e...

Frontier Lithium Inc. is pleased to announce its receipt of $2 million in grant funding from the Northern Ontario Heritage Fund Corporation to test the processing and conversion of by-products as it advances towards commercial lithium salts production. The funding announced today at the future headquarters of Frontier, by Ontario Premier, Doug Ford, Minister of Northern Development and Indigenous Affairs, Greg Rickford, Minister of Mines, George Pirie, and Minister of Economic Development, Job Creation and Trade, Vic Fedeli reflects the importance of the fully integrated PAK Lithium Project to EV and EV battery supply chains in the province. The NOHFC grant will enable the construction of a facility that will demonstrate processes targeted at the conversion of sodium sulfate b...

Allied Gold is herein reporting its financial and operational results for the third quarter of 2023. Production totaled 84,473 gold oz with sales of 91,164 oz at total cost of sales, cash costs(1) and all-in sustaining costs per gold oz sold of $1,593, $1,424, and $1,546, respectively. The current quarter marked a significant transformation and evolution of Allied's corporate structure, as the Company completed its public listing and begins executing its operational optimization and growth strategy. This growth strategy, which is underpinned by fully permitted and shovel-ready projects, will be developed in a sequenced and phased approach to optimize capital spend while delivering a compounded increase in cash flow and profitability.

VANCOUVER, BC , Nov. 9, 2023 /CNW/ - Kootenay Silver Inc. is pleased to announce that the consolidation of the outstanding common shares of the Company on the basis of one post-Consolidation Common Share for every ten pre-Consolidation Common Shares is anticipated to be made effective for trading purposes on Tuesday, November 14, 2023 . It is anticipated that the Common Shares will begin trading on the TSX Venture Exchange on a post-Consolidation basis at market open on the Effective Date. The new CUSIP of the Common Shares will be 500583836 and the new ISIN will be CA5005838365. The Consolidation is being conducted on a "push-out" basis, except with respect to registered shareholders with certificated Common Shares. Shareholders of the Company without physical share certific...

Trading Symbol: Silvercorp Metals Inc. reports its financial and operating results for the three months ended September 30, 2023 . All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q2 FISCAL 2024 Mined 273,465 tonnes of ore, milled 261,107 tonnes of ore, and produced approximately 2,458 ounces of gold, 1.6 million ounces of silver, or approximately 1.8 million ounces of silver equivalent, plus 16.1 million pounds of lead and 4.6 million pounds of zinc; Sold approximately 2,515 ounces of gold, 1.6 million ounces of silver, 15.2 million pounds of lead, and 4.6 million pounds of zinc, for revenue of $54.0 million; Reported net income attributable to equity shareholders of $11.1 million, or $0.06 per share; Realized adjusted earnings ...

Hut 8 Announces Effectiveness of Registration Statement on Form S-4 in Connection with Merger with US Bitcoin Corp TORONTO, November 9, 2023 - Hut 8 Mining Corp. , one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, has provided an update on the proposed business combination pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin Corp will combine in an all-stock merger of equals . The combined company will be named "Hut 8 Corp." and will be a U.S.-domiciled entity. The registration statement on Form S-4, initially filed with the U.S. Securities and Exchange Commission by New Hut , was declared effective by the SEC on November 9. The Registration Statement was filed in connect...

Ascot Resources Ltd. is pleased to announce the Company's unaudited financial results for the three and nine months ended September 30, 2023 , and also to provide a construction update on the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and nine months ended September 30, 2023, please see the Company's filings at www.ascotgold.com or on SEDAR+ . Derek White, President and CEO, commented, "The third quarter was the busiest yet for construction activity at the Premier Gold Project, with much progress being made on outdoor areas such as the tailings stor...

Designated News Release THIRD QUARTER FINANCIAL RESULTS "The importance of having a diversified portfolio of high-quality, low-cost assets was evidenced by Wheaton's ability to deliver solid operating results in the quarter, despite the temporary suspension of one of our largest assets, which has since begun the safe ramp-up of operations. Strong outperformances from Salobo and Constancia, have not only offset challenges faced by others, but also contributed significantly to our overall success. As such, we are pleased to reiterate our annual production guidance range for 2023 of 600,000 to 660,000 gold equivalent ounces," said Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals. "In this high interest rate environment, streaming continues to be one of the mos...

DIVIDEND DECLARATION Wheaton Precious Metals™ Corp. is pleased to announce that its Board of Directors has declared its fourth quarterly cash dividend payment for 2023 of US$0.15 per common share. Fourth Quarterly Dividend The fourth quarterly cash dividend for 2023 of US$0.15 will be paid to holders of record of Wheaton common shares as of the close of business on November 28, 2023, and will be distributed on or about December 8, 2023. The ex-dividend trading date is November 27, 2023. Under the Company's dividend policy, for the 2023 calendar year, the quarterly dividend per common share is targeted to equal the greater of 30% of the average cash generated by operating activities in the previous four quarters divided by the Company's then outstanding common shares, all rounded to t...