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Group gold production up by 8% Net earnings per share increased by 83% Barrick Gold Corporation’s first quarterly results since its merger with Randgold Resources Limited (Randgold) show solid results across the board from the new group, which also reported rapid progress with the integration of the two businesses as well as with the implementation of key strategic initiatives. While quarter on quarter comparisons are skewed by the merger, group gold production was up 8% in line with guidance, net cash from the operations rose by 27%, net earnings per share increased by 106% to $0.06, adjusted net earnings per share1 increased by 83% to $0.11, and debt, net of cash was down 12% to $3.65 billion. A dividend of $0.04 per share was declared in respect of the first quarter of 2019. Key Performance Indicators are, 1: Integration and strategic initiatives on track across the group following Barrick-Randgold merger, 2: Nevada Joint Venture agreement signed and implement...

Court Orders Police to Remove Trespassers! Lydian International announced the Administrative Court of the Republic of Armenia ruled in favour of Lydian and instructed the Armenian Police to remove trespassers and their property from the Company’s Amulsar Project site and assure Lydian free passage to Amulsar. João Carrêlo, President and CEO of Lydian, stated: “Lydian’s Amulsar Project has been illegally blockaded since June 22 last year.  While we respect individuals’ right of free expression, we strongly believe this cannot be exercised in an illegal manner at the expense of the rights of others, meaning in this case Lydian’s shareholders, lenders, employees, community members, and other stakeholders. Lydian has initiated several legal actions in Armenia since July 2018 to protect the rights of the Company. This is a long overdue step that we hope will become an important milestone towards the abolishment of unlawfulness and discrimination that Lydian ha...

5.5mn oz Silver and 52967oz gold Produced by Endeavour in 2018 Endeavour Silver Corporation reports 2018 consolidated production of 5.5 million ounces (oz) silver and 52,967 oz gold, for silver equivalent production of 9.5 million oz at 75:1 silver: gold ratio. Silver production in the Fourth Quarter, 2018 was 1,386,505 oz and gold production was 13,117 oz, for silver equivalent production of 2.4 million oz. Endeavour owns and operates three silver mines in Mexico, the Guanaceví mine in Durango State and the Bolañitos and El Cubo mines in Guanajuato state.   Production from the three mines was higher in 2018 compared to 2017 but fell short of the Company’s 2018 production guidance. The 7% improved production performance in 2018 compared to 2017 was due to higher mine output, silver and gold grades and recoveries at the El Cubo mine.   The 7% production shortfall in 2018 compared to guidance was due to lower mine output and silver grades at Guanaceví, lower...

By describing positive results of the Preliminary Economic Assessment PEA K92 says, mining production and plant processing capacity could be increased to 400K tonnes per annum over a period of approximately 12 months. Over a 13-year period, the plant would treat 4.9 million tonnes averaging 9.0 g/t Au. 20 g/t Ag. Average production would be of over 120K Oz AuEq per annum with cash costs of US$429/ Oz AuEq and all-in sustaining costs. During the first five years, average production would remain over 145K Oz AuEq per annum with Initial Capital Cost of US$13.6 million for the expansion. John Lewins, K92, Canada, Chief Executive Officer, states, “The results of the PEA show a robust project capable of producing almost 650K ozs Au over the next five years and over 1.3 Mozs over a 13-year life. Importantly, development of a new project, but for an expansion of our producing Kainantu operation which produced over 45K ozs AuEq in 2018 at cash cost of below US$600/oz AuEq. ...