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Exploring Mining Podcast 323 – News from (NYSE: GOLD) (NYSEAmerican: EQX) (NYSEAmerican: MAG) (TSXV: SCZ)

Vancouver, Kelowna, Delta, BC – January 27, 2023 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV, CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO’s and leading experts.

Exploring Mining has been selected by Feedspot panelist as one of the Top 25 Mining Podcasts on the web.

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Exploring Mining Podcast 323 – News from (NYSE: GOLD) (NYSEAmerican: EQX) (NYSEAmerican: MAG) (TSXV: SCZ)

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Barrick Gold Corporation (NYSE:GOLD) has announced that its two gold mines in Tanzania, North Mara and Bulyanhulu, boosted their combined output to 547,000 ounces in 2022, and that “exploration is continuing to deliver opportunities to grow the mineral reserves net of depletion at both mines.” The company’s President and CEO, Mark Bristow, said:

“Last year North Mara was officially recognized as Tanzania’s largest taxpayer and Bulyanhulu was awarded the Best Compliant Employer prize by the National Social Security Fund. North Mara and Bulyanhulu also received the first and second runner-up recognition awards, respectively, for the Export of Minerals and the generation of foreign currency. They’ve both come a very long way and we look forward to continuing that journey through our Twiga partnership with the government.”

Equinox Gold Corp. (NYSEAmerican:EQX) has posted an update on construction progress at its Greenstone Project in Ontario, Canada. The Greenstone Project, according to the press release, is expected to be “one of the largest gold mines in Canada, producing more than 400,000 ounces of gold annually for the first five years and more than five million ounces of gold over its initial 14-year mine life.” Greg Smith, President & CEO of Equinox Gold, said:

“The Greenstone Project is now more than two-thirds complete and remains on budget and on schedule. With key equipment on site or enroute, building infrastructure essentially complete and most buildings enclosed and heated, the construction effort is shifting to interior mechanical, electrical and piping installation during the winter months. Detailed commissioning and operation readiness planning is well underway to prepare for the first gold pour in the first half of 2024.”

MAG Silver Corp. (NYSEAmerican:MAG) has reported both Q4 and full year 2022 production results from the Juanicipio Project. According to the press release, 165,786 tonnes of mineralized material from both underground development and initial stopes were processed during Q4 (ending December 31, 2022), and a total of 646,148 tonnes of mineralized material were processed at an average silver head grade of 520 g/t for the year ended December 31, 2022. George Paspalas, MAG Silver’s President and CEO, said:

“We are excited to begin the new year marching towards ramp-up to nameplate throughput of 4,000 tonnes per day after fully connecting to the national power grid in December. The opportunity to run high-grade material through our world class processing facility will set the stage for MAG becoming a top tier silver producer, focused on cash flow generation and return on capital invested.”

Santacruz Silver Mining Ltd. (TSXV:SCZ) has announced full-year 2022 production of 15,010,871 silver equivalent ounces from its Bolivar Silver/Zinc Mine, the Porco Silver/Zinc Mine, the Caballo Blanco Silver/Zinc Group of Mines, the San Lucas Trading company and the Zimapan Mine in Mexico. The company’s CEO, Carlos Silva, said:

“Q4 has been an interesting quarter as we have received a significant amount of underground and milling equipment across all our operations leaving us well positioned to achieve our budgeted 2023 mine production with high levels of productivity, efficiency, and safety.”

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