Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer announces its production and operational results for the quarter ended 30 June 2021 (the Quarter , Q2 or the Period ) for its East African assets, including New Luika Gold Mine ( NLGM or New Luika ) and Singida Project ( Singida ) in Tanzania and West Kenya Project ( West Kenya ) in Kenya. Highlights · Zero Lost Time Injuries ( LTI s ), with no LTI s since Q4 2017, surpassing 7 million man-hours; · Precautionary COVID-19 measures at all sites to protect the health and safety of staff and the continuity of operations which remain unaffected; · US$4.2 million ( m ) of VAT receivables offset against H2 2020 corporation tax liability;
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Gold Resource Corporation Reports Q2 2021 Production
ACCESSWIRE
15 Jul 2021, 07:05 GMT+10
DENVER, CO / ACCESSWIRE / July 14, 2021 / Gold Resource Corporation (NYSE American:GORO) (the Company ) today announced preliminary second quarter 2021 production results.
Second Quarter 2021 Production Highlights
9,685 gold equivalent ounces ( Au eq oz ) sold, inclusive of 5,697 gold ounces ( Au oz ) and 270,321 silver ounces ( Ag oz ),
365 tonnes of payable copper,
1,214 tonnes of payable lead, and
3,193 tonnes of payable zinc.
Allen Palmiere, President and CEO, said Gold production in the second quarter was as expected while silver and base metal production remain modestly behind forecast. We continue to address challenging ground conditions with a change in mine sequencing and the use of paste fill. We remain confident in our annual production guidance for gold equivalent ounces and our Total Cash and All-in Sustaining Costs.
Published July 15, 2021, 8:50 AM
Two years after its Financial or Technical Assistance Agreement (FTAA) with the Philippine government expired, Australian-Canadian miner OceanaGold Corporation (OceanaGold) is now allowed to resume the operations of its gold-copper mining project in the country until 2044.
This is on condition that, among others, the company will sell a portion of its Philippine operating subsidiary, OceanaGold Philippines Inc. (OGPI), to the public within the next three years.
In a statement, OceanaGold advised its stakeholders that the Philippine government has already renewed its FTAA for the Didipio gold-copper mining project in Nueva Vizcaya for an additional 25-year period, beginning June 19, 2019.
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