Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational .
Gran Tierra Energy Inc.February 25, 2021 GMT
Realized 100% 1P and 133% PDP Reserves Replacement, with $2.65 and $5.06/BOE F&D Costs
Achieved 2020 Production of 22,624 bopd
Forecast 2021 Production of 28,000-30,000 bopd for Annual Growth of 24-33%
Reduced Annual Operating and G&A Costs by $92 Million
Achieved Company’s Best Safety Year in 2020: Zero Lost Time Incident Frequency
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CALGARY, Alberta, Feb. 24, 2021 (GLOBE NEWSWIRE) Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE: GTE) today announced the Company’s financial and operating results for the fourth quarter (“the Fourth Quarter”) and year ended December 31, 2020.(1)
Press release content from Business Wire. The AP news staff was not involved in its creation.
Gatos Silver Provides Update on Temporary Power Restriction at Cerro Los Gatos
February 19, 2021 GMT
DENVER (BUSINESS WIRE) Feb 19, 2021
Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) reports that power from Mexico’s national power grid has been restricted due to the recent severe winter storms in Texas. Northern Mexico is highly dependent upon natural gas from Texas to generate power. Freezing temperatures in Texas compounded by increased energy demands for heating have resulted in U.S. natural gas producers curtailing delivery to Mexico. Accordingly, Cerro Los Gatos’ (“CLG”) power allocation from Mexico’s electric power grid has been temporarily restricted.
A Mexican national accused of coercing women into working as prostitutes around the United States has been extradited to New York to face federal charges
Press release content from Business Wire. The AP news staff was not involved in its creation.
Capstone Announces Closing of $150 Million Silver Stream Agreement with Wheaton Precious Metals; Achieves Net Cash Position
February 19, 2021 GMT
VANCOUVER, British Columbia (BUSINESS WIRE) Feb 19, 2021
Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) is pleased to announce that it has closed the previously announced Precious Metals Purchase Agreement (the “Stream Agreement”) with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. (collectively, “Wheaton”). All conditions to complete the Stream Agreement have been fulfilled and Capstone has received $150 million from Wheaton for 50% of the silver production until 10 million ounces have been delivered, thereafter dropping to 33% of silver production, for the life of mine from the Company’s Cozamin Mine in Zacatecas, Mexico (“Cozamin”). Wheaton will make