Vancouver, Kelowna, Delta, BC – February 8, 2022 (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. Today’s podcast was sponsored by O2Gold Inc. (TSXV: OTGO), a mineral exploration company with activities in Colombia.
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Exploring Mining Podcast 245 – (TSXV: OTGO) (TSXV: DEFN) (NYSE: NEM) (NYSE: BVN) (TSXV: LMS) (NYSE: GOLD) (TSXV: APN)
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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced the appointment of internationally recognized rare earth element processing expert John Goode to its advisory board. According to the press release, Goode has experience in the “design, monitoring, and interpretation of several programs of beneficiation and hydrometallurgical testwork, engineering and economic evaluations of new and existing processing operations for the recovery of rare earth element (REE), gold, base metals, uranium, and other elements from ore and other sources.” Luisa Moreno, President and Director of Defense Metals, said:
“John has already contributed significantly to metallurgical process development of the Wicheeda REE Project, and we expect him to continue to bring his considerable expertise to bear in adding value to the Project as we advance towards a Pre-Feasibility Study.”
Newmont Corporation (NYSE:NEM) and Compania de Minas Buenaventura (NYSE:BVN) have announced that they have both entered into a definitive purchase agreement wherein Newmont will acquire Buenaventura’s 43.65% interest in Minera Yanacocha. Tom Palmer, Newmont’s President and CEO, said:
“This acquisition gives Newmont control of the Yanacocha district where we are positioning the sulfides project for profitable production and value generation for decades to come. We are committed to continuing to be a catalyst for sustainable development in Peru by working closely with communities in the Cajamarca region and the Peruvian government.”
Latin Metals Inc. (TSXV:LMS) has entered into an earn-in agreement with a wholly-owned subsidiary of Barrick Gold Corporation (NYSE:GOLD). Keith Henderson, President and CEO of Latin Metals commented:
“Barrick is a good partner who brings considerable technical and financial capability to the project. Assuming that the Earn-In Agreement runs to full term, Barrick’s investment of around US$8.5 million will include payments to the underlying vendor, payments directly to Latin Metals and funding of work on the ground; all of which will help to limit dilution to Latin Metals’ shareholders.”
Altiplano Metals Inc. (TSXV:APN) has reported on the construction progress at the El Penon processing facility being built to support copper-gold-iron production from the Farellon mine located near La Serena, Chile. The company’s CEO, Alastair McIntyre, said:
“We are very pleased with the construction progress at the mill site where 90% of the work has been completed. Our team in Chile has done an excellent job working with the government and local contractors to move the project towards completion. The next steps of integrating the various processing components are the final steps to bring the plant circuit online.”
Exploring Mining Podcast Sponsor
O2Gold Inc. (TSXV: OTGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otu Fault project, with senior management based in nearby Medellin. The team’s deep roots and experience in Latin America-in both capital markets and mining-gives it the regional knowledge and operational expertise to create a world-class project.
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