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Great Panther Mining has big exploration plans after strengthening balance sheet, growing reserves and posting record cashflow in 2020
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Great Panther Mining Ltd reports record mine operating earnings and cash flow for 2020 despite pandemic challenges
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Great Panther Reports Fiscal Year 2020 Financial Results
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VANCOUVER, BC
, March 4, 2021 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ( Great Panther or the Company ) today reports consolidated financial results for the year ended December 31, 2020 ( FY 2020 ) from its three wholly owned mines: Tucano in Brazil, and Topia and the Guanajuato Mine Complex ( GMC ) in Mexico. For 2020, Great Panther delivered record mine operating earnings of $84 million ($0.24 per share), significantly strengthening the balance sheet, and successfully added reserves and resources through our result-driven exploration programs, stated Rob Henderson, President and CEO. Our teams did a tremendous job of managing the challenges of COVID-19, while reducing consolidated AISC, delivering on guidance, successfully extending the open pit mine life at Tucano, and expanding resources at GMC. With $63 million in cash and the expectation
February 23, 2021
Last April, the organizers of Burning Man the anything-goes music festival that typically draws 80,000 attendees for a week of communal living in the Nevada desert canceled all in-person revelry because of the pandemic. Instead, the September festival was hosted virtually, in a week of events spread across eight digital platforms, including a nascent video chat service called Topia.
Topia allowed would-be Burners to build virtual versions of their festival campsites. Instead of dragging power tools, plywood, and rebar into the desert, they dragged illustrations of tents, concert stages, and port-a-potties onto a digital canvass. Each user, represented by a simple avatar, could walk around, explore a vast map of other user-generated campsites, and chat with the virtual attendees they met there.
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