VANCOUVER, British Columbia, June 10, 2021 (GLOBE NEWSWIRE)
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce the election of Kelvin Dushnisky and Jinhee Magie to the Company’s board of directors (“Board”) following today’s Annual General Meeting of Shareholders (“AGM”).
“We are pleased to welcome Kelvin and Jinhee to our Board,” said George Ireland, Chairman of the Board, Lithium Americas. “Their knowledge and experience will be an excellent complement to the Board as we begin the transition from developer to operator.”
Kelvin Dushnisky brings more than 25 years of global mining experience, with a focus on execution on strategic priorities. Mr. Dushnisky was the CEO and a member of the Board of Directors of AngloGold Ashanti Ltd. Prior to AngloGold, he was at Barrick Gold Corp. for 16 years, including serving as President and a member of the Board of Directors. Mr. Dushnisky holds a B.Sc. (Ho
) found something that defied our expectations. The results of their initial drill didn’t just indicate gold …They had stumbled onto signs of something much bigger. Something that countless other miners have been searching for over the last 80 years. A VMS deposit…the holy grail of discoveries. VMS stands for Volcanogenic Massive Sulphide and they contain base metals such as copper, zinc, silver, gold and other minerals. More important, however, is that they’re often among the richest deposits in the world. New VMS-style discoveries have been few and far between over the past decade… Large-cap miners are desperate for finds like these…so it’s even better when a small-cap explorer finds it for them.
4 Gold Stocks to Watch as Gold ETFs Return to Inflows in May Zacks.com 2 hrs ago
After three straight months of net outflows, gold exchange-traded funds (ETFs) witnessed net monthly inflows in May and were at the highest levels since September 2020. This improvement can be attributed to ongoing inflation concerns, a weaker dollar and lower real yields, which made investors return to gold-backed ETFs.
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Per the latest report by the World Gold Council, gold ETFs saw inflows of 61.3 tons or $3.4 billion in May. This was the highest since the September 2020 inflows of 68.1 tons or $4.6 billion. Globally, gold-backed ETF assets under management stood at 3,628 tons ($222 billion) falling 7% behind the October 2020 high of 3,908 tons.
State revenue from gold mining companies in Mali rose 13% in 2020 year-on-year to 457.5 billion CFA francs , lifted by higher global prices for the metal during the pandemic, government data.
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Bombardier Inc. (TSX:BBD.B). Industrials. Up seven cents, or 7.2 per cent, to $1.04 on 15.9 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up five cents, or 0.16 per cent, to $30.27 on 12.8 million shares.
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Supreme Cannabis Company Inc. (TSX:FIRE). Health care. Up one cent, or 2.86 per cent, to 36 cents on 7.8 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down $1.03, or 3.54 per cent, to $28.07 on 5.6 million shares.
Companies in the news:
Lululemon Athletica Inc. Lululemon Athletica Inc. says its revenue soared by 88 per cent in its latest quarter, fuelled by the company s ongoing e-commerce expansion and a rebound in its brick-and-mortar store sales. The Vancouver-based maker of athletic and yoga wear says its revenue amounted to $1.2 billion