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Precious Metals & Minerals

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Golden Minerals Enters Into Option Agreement To Sell Santa Maria Project

11:50am BST

Oct 17 (Reuters) - Golden Minerals Co ::PRESS RELEASE - GOLDEN MINERALS ENTERS INTO OPTION AGREEMENT TO SELL ITS SANTA MARIA PROJECT.GOLDEN MINERALS- WILL RETAIN 6.5% NSR ROYALTY FROM ALL PRODUCTION AT SANTA MARIA UNTIL TOTAL OF $3 MILLION IS PAID TO CO.GOLDEN MINERALS CO - MAGELLAN WILL PAY $1.0 MILLION CASH TO CO AT CLOSING.GOLDEN MINERALS CO - AFTER TRANSACTION, CO WILL RETAIN A 3.0% NSR ROYALTY FOR BALANCE OF MINE'S LIFE.

Russia's Alrosa says Q3 diamond production up 15% y/y

8:07am BST

Oct 17 (Reuters) - Russian diamond miner Alrosa says::Q3 diamond production rose 15% year-on-year to 12.1 million carats due to the launch of production at new deposits and expansion of the existing ones..Quarter-on-quarter, diamond production was up 24%..Q3 diamond sales decreased 5% y-o-y to 6.4 million carats, down 23% q-o-q..The second half of Q3 2019 saw an upward trend in rough diamond sales after a turning point in destocking, thus creating a basis for the market recovery in the future. .Further company coverage: ALRS.MM.

Royal Bafokeng Platinum Qtrly Total Tonnes Delivered To Concentrators Up 9.2% To 1,025kt

Wednesday, 16 Oct 2019

Oct 16 (Reuters) - Royal Bafokeng Platinum Ltd ::QTRLY TOTAL TONNES MILLED INCREASED BY 2.1% TO 1 002KT (NOT REDUCED BY 5.1% TO 580KT).QTRLY TOTAL CAPITAL EXPENDITURE DECREASED BY 60.1% OR R568.1 MILLION TO R377.7 MILLION (ADDS DROPPED WORD 'MILLION').QUARTERLY REVIEW AND PRODUCTION REPORT FOR THE PERIOD 1 JULY TO 30 SEPTEMBER 2019 AND STYLDRIFT PROGRESS UPDATE.STYLDRIFT ON TRACK TO MEET Q3 2020 RAMP-UP HOWEVER BRPM PERFORMANCE DISAPPOINTS.TOTAL TONNES DELIVERED TO CONCENTRATORS FOR PERIOD 1 JULY TO 30 SEPTEMBER 2019 INCREASED 9.2% TO 1,025KT.

Firestone Diamonds Sees higher costs due to Liqhobong Mine Power Disruptions

Tuesday, 15 Oct 2019

Oct 15 (Reuters) - Firestone Diamonds PLC ::FIRESTONE DIAMONDS - Update ON POWER DISRUPTIONS.FIRESTONE DIAMONDS PLC - LIQHOBONG MINE REMAINS WITHOUT SUFFICIENT POWER TO OPERATE PROCESSING PLANT.FIRESTONE DIAMONDS - INITIATED CONTINGENCY MEASURES TO RESTORE POWER AT LIQHOBONG MINE BY ALTERNATIVE MEANS WITHIN COMING WEEKS.FIRESTONE DIAMONDS PLC - NORMAL OPERATING COSTS ARE EXPECTED TO INCREASE BY COST OF RENTING GENSETS AND OF ASSOCIATED DIESEL CONSUMPTION.FIRESTONE DIAMONDS PLC - COMPANY HAS PLACED AN ORDER TO HIRE DIESEL GENERATOR UNITS WITH WHICH TO RUN LIQHOBONG MINE'S PROCESSING PLANT.FIRESTONE DIAMONDS - WILL CONTINUE TO ENGAGE WITH LESOTHO ELECTRICITY COMPANY AND ESKOM TO TRY TO RESOLVE INTERRUPTION OF GRID POWER TO MINE.FIRESTONE DIAMONDS - ALL UNITS SCHEDULED TO ARRIVE ON LIQHOBONG SITE BY OCT END & TO BE FULLY OPERATIONAL SHORTLY THEREAFTER, DURING EARLY NOV.FIRESTONE DIAMONDS - ORDERS PLACE FOR GENERATORS EXPECTED TO BE USED TO GENERATE POWER UNTIL GRID POWER IS RESTORED FROM MUELA HYDROPOWER STATION.FIRESTONE DIAMONDS - GRID POWER EXPECTED TO BE RESTORED FROM MUELA HYDROPOWER STATION, WHICH CO IS INFORMED WILL TAKE PLACE ON DEC 1.

GT Gold Announces Appointments To Management And Board

Friday, 11 Oct 2019

Oct 11 (Reuters) - GT Gold Corp ::GT GOLD ANNOUNCES STRATEGIC APPOINTMENTS TO MANAGEMENT AND BOARD OF DIRECTORS.GT GOLD CORP - SHAWN CAMPBELL WILL BE JOINING MANAGEMENT TEAM AS CHIEF FINANCIAL OFFICER.GT GOLD CORP - COMPANY ALSO ANNOUNCES DEPARTURE OF PAUL KANIA, CURRENTLY ACTING CHIEF FINANCIAL OFFICER.

Coeur Mining Reports Q3 2019 Production Of 99,782 Ounces Of Gold

Thursday, 10 Oct 2019

Oct 10 (Reuters) - Coeur Mining Inc ::COEUR REPORTS THIRD QUARTER 2019 PRODUCTION AND SALES RESULTS.COEUR MINING INC - Q3 2019 PRODUCTION OF 99,782 OUNCES OF GOLD, 3.0 MILLION OUNCES OF SILVER, 4.2 MILLION POUNDS OF ZINC AND 4.5 MILLION POUNDS OF LEAD.COEUR MINING INC - COMPANY IS REAFFIRMING FULL-YEAR 2019 PRODUCTION GUIDANCE OF 334,000 - 372,000 OUNCES OF GOLD.COEUR MINING INC - METAL SALES FOR QUARTER TOTALED 100,407 OUNCES OF GOLD, 3.0 MILLION OUNCES OF SILVER, 4.1 MILLION POUNDS OF ZINC AND 4.3 MILLION POUNDS OF LEAD.COEUR MINING INC - REAFFIRMING FULL-YEAR 2019 PRODUCTION GUIDANCE OF 12.2 - 14.7 MILLION OUNCES OF SILVER.COEUR MINING INC - REAFFIRMING FULL-YEAR 2019 PRODUCTION GUIDANCE OF 25 - 40 MILLION POUNDS OF ZINC.COEUR MINING INC - REAFFIRMING FULL-YEAR 2019 PRODUCTION GUIDANCE OF 20 - 35 MILLION POUNDS OF LEAD..

Russia's Alrosa reports $259 mln in September sales

Thursday, 10 Oct 2019

Oct 10 (Reuters) - Russian diamond producer Alrosa says: :Rough and polished diamonds sales totalled $258.7 million in September, up from $181.8 million in the previous month and down from $338.7 million in September 2018;.Rough diamond sales were $256.5 million, while polished diamond sales came at $2.2 million;.Total rough and polished diamond sales amounted to $2.42 billion in January-September 2019..

Endeavour Silver Produces 948,547 Oz Silver And 9,716 Oz Gold In The Q3, 2019 Provides Development And Exploration Project Updates

Wednesday, 9 Oct 2019

Oct 9 (Reuters) - Endeavour Silver Corp ::ENDEAVOUR SILVER PRODUCES 948,547 OZ SILVER AND 9,716 OZ GOLD (1.7 MILLION OZ SILVER EQUIVALENTS) IN THE THIRD QUARTER, 2019; PROVIDES DEVELOPMENT AND EXPLORATION PROJECT UPDATES.ENDEAVOUR SILVER CORP - SILVER PRODUCTION IN Q3, 2019 WAS 948,547 OUNCES AND GOLD PRODUCTION WAS 9,716 OZ.ENDEAVOUR SILVER - EXPECT LOWER OPERATING COSTS IN Q3.ENDEAVOUR SILVER CORP - SILVER EQUIVALENT PRODUCTION OF 1.7 MILLION OZ AT AN 80:1 SILVER-GOLD RATIO IN Q3.ENDEAVOUR SILVER SAYS EXPLORATION PROGRAMS CONTINUE TO GENERATE POSITIVE BROWNFIELDS RESULTS & PLAN TO DRILL 2 GREENFIELDS PROJECTS IN CHILE IN Q4.ENDEAVOUR SILVER CORP - EXPECT LOWER OPERATING COSTS IN Q3 & FURTHER IMPROVEMENTS OF GUANACEVI AND BOLANITOS TONNES AND GRADES IN Q4.ENDEAVOUR SILVER - COMPANY-WIDE REVIEW OF FOUR MINES AT END OF Q1, 2019 IDENTIFIED SEVERAL DEFICIENCIES IN OPERATING PERFORMANCE AT EACH MINE-SITE.ENDEAVOUR - MANAGEMENT INITIATED MULTIPLE MEASURES IN Q2 & Q3 REVISING 2019 MINE PLANS FOR ALL 4 MINES AND REDUCING WORK FORCE DUE TO CO-WIDE REVIEW.ENDEAVOUR SILVER - Q3 PRODUCTION LOWER THAN Q2 PRODUCTION AS MANY OPERATIONAL CHANGES TOOK LONGER TO IMPLEMENT.ENDEAVOUR SILVER - MANAGEMENT SEES Q3 OPERATING COSTS LOWER THAN Q2, DUE TO COST REDUCTIONS.ENDEAVOUR SILVER - BOLANITOS & GUANACEVI Q4 SILVER EQUIVALENT PRODUCTION, TONNES AND GRADES SHOULD INCREASE TOWARDS PLAN DUE TO OPERATIONAL CHANGES.

Stornoway Granted Approval And Vesting Order

Monday, 7 Oct 2019

Oct 7 (Reuters) - Stornoway Diamond Corp ::STORNOWAY GRANTED APPROVAL AND VESTING ORDER.STORNOWAY DIAMOND CORP - OBTAINED APPROVAL, VESTING ORDER FROM SUPERIOR COURT OF QUEBEC ISSUED IN CONNECTION WITH PROCEEDINGS UNDER CCAA.STORNOWAY DIAMOND CORP - UPON CONCLUSION OF TRANSACTIONS, STORNOWAY WILL NO LONGER HAVE ANY OPERATING ASSETS OR ACTIVE BUSINESS.

Great Panther Sees FY 2019 Total Gold Equivalent Ounces To Be In The Range Of 171,500 Ounces - 185,000 Ounces

Monday, 7 Oct 2019

Oct 7 (Reuters) - Great Panther Mining Ltd ::GREAT PANTHER REPORTS THIRD QUARTER 2019 PRODUCTION RESULTS.GREAT PANTHER - REVIEWING WHETHER RESCHEDULING PRODUCTION FROM OTHER PITS CAN MAKE UP FOR EXPECTED SHORTFALL IN UCS PLANNED PRODUCTION.GREAT PANTHER SEES FY 2019 TOTAL GOLD EQUIVALENT OUNCES TO BE IN THE RANGE OF 171,500 OUNCES - 185,000 OUNCES.GREAT PANTHER MINING LTD - CAUTIONS THAT ITS MEXICO GOLD EQUIVALENT OUNCE PRODUCTION FOR 2019 MAY BE SHORT OF GUIDANCE.GREAT PANTHER - RESTART DATE FOR CORICANCHA MINE IS ANTICIPATED IN 2020 SUBJECT TO SECURING FUNDING & SUCCESSFUL OPTIMIZATION OF TUCANO GOLD MINE.GREAT PANTHER MINING LTD - ORE PROCESSED IN Q3 WAS 813,260 TONNES VERSUS 782,568 TONNES.GREAT PANTHER MINING LTD - SILVER PRODUCTION IN Q3 WAS 418,032 OUNCES VERSUS 349,668 OUNCES.

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