Western Copper and Gold Corp. is pleased to announce the appointment of Mr. Sandeep Singh as Chief Executive Officer of the Company, effective immediately. Mr. Singh will work closely with Dr. Paul West-Sells, who will continue in the role of President in connection with the succession process. Further, Mr. Kenneth Williamson has retired from his role as Director and Interim Chairman. Current board member, Dr. Bill Williams, has taken on the role of Interim Chairman as the Company searches for a replacement. As a highly respected mining professional with 20 years of sector expertise, Mr. Singh adds meaningful capital markets and strategic expertise to the Company. He was previously the President and CEO of Osisko Gold Royalties, where he led the successful turnaround of the co...

Centerra Gold Inc. announced today that its Board of Directors has approved a quarterly dividend of C$0.07 per common share - approximately C$15.1 million or US$11.2 million. The quarterly dividend is payable on March 27, 2024, to shareholders of record as of the close of business on March 13, 2024. The dividend is an eligible dividend for Canadian income tax purposes. In accordance with Centerra's dividend policy, the timing and quantum of dividends are to be determined by the Board of Directors from time-to-time based on, among other things, the Company's operating results, cash flow and financial conditions, current and anticipated capital requirements, and general business conditions. About Centerra Gold Centerra Gold Inc. is a Canadian-based gold mining compa...

Centerra Gold Inc. today reported its fourth quarter and full year 2023 operating and financial results. President and CEO, Paul Tomory, commented, "Centerra delivered a strong finish to 2023, producing 350,317 ounces of gold and 61.9 million pounds of copper in the full year, with Mount Milligan achieving the highest mill throughput since the start of operations in August 2013. We met our revised 2023 production and cost guidance, and ended th...

DFR Gold Inc. announces that it has entered into an agreement with Mr. Brian Kiernan pursuant to which Mr. Kiernan has agreed to provide a US$500,000 loan to the Company . The Company intends to use the Loan for general working capital purposes. The Loan carries an eight percent annual interest rate and, together with the interest, is repayable in full on January 31, 2025 . DFR shall prepay the Loan upon receipt of the proceeds of any debt, equity, or other financing in excess of US$2,000,000 that occurs prior to the Final Repayment Date. Brian Kiernan holds 36.5% of DFR's outstanding shares and is a Director of the Company, and as such, the Loan constitutes a related party transaction as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in...

Eldorado Gold Corp. provides detailed 2024 production and cost guidance and four-year production outlook. All financial figures stated within this release are in U.S. dollars unless otherwise stated. 2024 Guidance Highlights Gold production of 505,000 to 555,000 ounces, representing a 9% increase from 2023 gold production . Total cash costs of $840 to $940 per ounce sold. All-in sustaining costs of $1,190 to $1,290 per ounce sold. Growth capital of $497 to $569 million, including $375 to $425 million towards the advancement of the Skouries project. Sustaining capital of $135 to $160 million. Exploration expenditures of $27 to $30 million, focused on resource conversion drilling at the Lamaque Complex and Efemcukuru, resource growth and discovery programs in Quebec, Turkiye and ...

Mountain Province Diamonds Inc. wishes to provide guidance for 2024, as well as details for its fourth quarter and full-year 2023 earnings release and conference call. All figures are expressed in Canadian dollars unless otherwise noted. 2024 Guidance The Company wishes to provide operating and cost guidance for 2024, as follows: 36 - 39 million total tonnes mined 4.1 - 4.6 million ore tonnes mined 3.4 - 3.6 million ore tonnes treated 4.2 - 4.7 million carats recovered Production costs of $124 - $136 per tonne treated Production costs of $96 - $107 per carat recovered Sustaining Capital Expenditure of $11 million As part of the Company's year-end 2022 news release disseminated on March 22, 2023 , a 2024 production outlook was provided. The production outlook provide...

Eldorado Gold Corp., today reports the Company's financial and operational results for the fourth quarter and year ended December 31, 2023. For further information please see the Company's Consolidated Financial Statements and Management's Discussion and Analysis filed on SEDAR+ at www.sedarplus.com under the Company's profile. Q4 2023 and Full-Year Summary Operations Gold production: 143,166 ounces in Q4 2023 reflecting continued improvements across the portfolio. Full year production of 485,139 ounces in 2023 was at the midpoint of the tightened guidance range and an increase of 7% from 2022 production of 453,916 ounces, driven by operational upgrades at Kisladag and increased productivity at Olympias. Gold sales: 144,827 ounces in Q4 2023 at an average realized gold price pe...

and HOUSTON, Feb. 22, 2024 /CNW/ - International Battery Metals Ltd. , is pleased to announce that it has received a binding commitment from EV Metals VI LLC, a private company controlled by Jacob Warnock to provide immediate private placement financing of US$2 million to be used by the Company to fund its current obligations for the deployment of its modular direct lithium extraction plant in the western United States as previously announced on January 11, 2024. The Company is also pleased to announce that it has appointed Jacob Warnock to the Company's board of directors, effective today. Pursuant to a binding term sheet entered by the Company and EV Metals on February 20, 2024, EV Metals has agreed to an initial closing of not less than US$2,000,000 for units of the Compan...

Perseus Mining Ltd. has reported material improvements across all key financial metrics including revenue, EBITDA, profit after tax, operating cash flow and net cash position in its Interim Financial Report for the six months ending Dec 31, 2023. HIGHLIGHTS Revenue increased to US$489.0 million, up 10% on previous corresponding period EBITDA up 18% to US$280.5M on pcp Profit after Tax increased to US$164.7M, up 21% on pcp Operating cash flow increased to US$211.2M, up 2% on pcp Total assets of US$1.8 billion; Net Tangible Assets of US$1.3B or 94 US cents per share Net cash and bullion of US$642M, zero debt w...

Coeur Mining Inc.'s President and Chief Executive Officer, Mitchell J. Krebs, will present at the BMO Capital Markets Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida on Tuesday, February 27, 2024 at 7:30 a.m. Central Time . The BMO Global Metals, Mining & Critical Minerals Conference is an invitation-only investment conference. Presentation materials will be made available on the Company's website at www.coeur.com. The webcast of the presentation will be made available through the following link: https://app.webinar.net/ONrxqaJn7Ge. About Coeur Coeur Mining Inc. is a U.S.-based, well-diversified, growing precious metals producer with four wholly-owned operations: the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine i...

Piedmont Lithium Inc. , a leading global supplier of lithium resources critical to the U.S. electric vehicle supply chain, today announced fourth quarter and full year financial results for 2023. "2023 was a pivotal year for Piedmont as our Quebec joint-venture, North American Lithium , successfully commenced operations last March, leading to the first revenue in Q3 via shipments made under our NAL offtake agreement. As the largest lithium operation in North America, NAL has been successfully ramping up production over the past 10 months, with production hitting record levels in December. We are completing a few remaining capital projects in the first half of 2024 that we expect will result in further improvements in production and operating costs as NAL looks to achieve full...

First Majestic Silver Corp. is pleased to announce the consolidated financial results of the Company for the fourth quarter and year ended December 31, 2023. The full version of the audited annual financial statements and the management's discussion and analysis can be viewed on the Company's website at www.firstmajestic.com or on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise. 2023 HIGHLIGHTS Production of 26.9 million silver equivalent ounces, consisting of 10.3 million silver ounces and 198,921 gold ounces. Annual revenues of $573.8 million, compared to $624.2 million in 2022. Strong operating cash flows before working capital and taxes of $99.2 million, compared to $109.4 million in 2022. Consolidated cash co...

Adventus Mining Corp. and Salazar Resources Ltd. are pleased to inform that the Ministry of Energy and Mines of Ecuador has issued a reform to the existing instructive including regulations and conditions for the transition of medium-scale mining projects from the exploration to production phases . This announcement provides clarity to the national regulatory framework and supports the advancement and development of medium-scale mining projects like the El Domo - Curipamba copper-gold project located in central Ecuador . Transition to Production Phase Rules The Instructive outlines the regulations and conditions under which the Government of Ecuador will provide authorization for medium-scale mining projects to transition from the exploration to the production ph...