Elim Mining Appoints Mining Executive David Laing as Chairman
CASA GRANDE, Ariz. & VANCOUVER, British Columbia (BUSINESS WIRE) #Arizona
Elim Mining Incorporated (“Elim” or the “Company”), an emerging private US-based copper developer and producer, is pleased to announce the appointment of David Laing as Chairman of the board of directors. Mr. Laing is replacing Paul Huet as Chairman, who is leaving the board to focus on his efforts at Karora Resources in Australia.
Alan Edwards, Elim Mining Interim CEO, commented, “On behalf of the Board and Management Team we would like to thank Paul for his hard work at Elim Mining and wish him the best at Karora.
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Inomin Mines’ Management Team
John Gomez, President and CEO
Mr. Gomez is an entrepreneur that has founded and managed private enterprises in mining, technology, and sports. Prior to being a founder of Inomin, Mr. Gomez founded and was president of a private gold exploration company in Colombia. Under his leadership, the company acquired strategic land and mining interests in some of the country’s top gold districts. Mr. Gomez also founded and was President of U3O8
Gold79 Secures an Agreement for the Banner Group Patented Claims and Provides Corporate Update
Gold79 Mines Ltd. is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Banner Group patented claims that further expands the Company’s Gold Chain project in western Arizona. Gold79 has also made its required share payments with respect to the Purchase and Sale Agreement for the Tip Top Gold-Silver Project in Nevada.Mr. Derek Macpherson, President & CEO, stated, …
Gold79 Mines Ltd. (TSXV: AUU) (“Gold79” or the “Company”) is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Banner Group patented claims (see March 17, 2021 press release) that further expands the Company’s Gold Chain project in western Arizona. Gold79 has also made its required share payments with respect to the Purchase and Sale Agreement for the Tip Top Gold-Silver Project in Nevada.
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Ottawa, Ontario (Newsfile Corp. - May 14, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ( Gold79 or the Company ) is pleased to announce that it has completed a Definitive Lease and Option to Purchase Agreement for the Banner Group patented claims (see March 17, 2021 press release) that further expands the Company s Gold Chain project in western Arizona. Gold79 has also made its required share payments with respect to the Purchase and Sale Agreement for the Tip Top Gold-Silver Project in Nevada.
Mr. Derek Macpherson, President & CEO, stated, Mapping and sampling to date have revealed that the Banner claims occupy an important part of the recently identified zone of gold mineralization hosted by rhyolite dikes. The Banner mine, developed in 1916, followed this mineralization up to 100 meters below the surface along the dike s contact. Additionally, we view these 93 acres as strategic to the Company as they help de-risk a future development scenario and provide immediately accessibl
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Major Gold Companies Pay Off Debt, Advance Projects
Contributed Opinion
Streetwise Reports (5/12/21) Money manager Adrian Day looks at recent results for four companies with results he says are, for the most part, positive.
Barrick Gold Corp. (ABX:TSX; GOLD:NYSE, US$23.92)reported gold production down slightly in the quarter, mostly because of various operational issuesplanned and unplannedat various mines, but nothing of deep and lasting significance. And the gold price was down for the quarter, even as input costs increased. The result was that costsboth cash costs and all-in sustaining costs rose.
Copper production and prices increased (and copper production costs declined). Copper represented just over 20% of gold-equivalent ounces, up from 16% in 2020. Earnings overall fell from the last (blockbuster) quarter, though up nearly 80% from a year ago. Overall it was a neutral quarter, but follows a very strong one. The company reiterated its full-year g