Beiträge von Angelfreund

Dundee Precious Metals Announces 2021 Third Quarter Results; Delivers Another Quarter of Strong Free Cash Flow
TORONTO, Nov. 11, 2021

https://www.dundeeprecious.com…ee-Cash-Flow/default.aspx

• Metals production tracking well to meet 2021 guidance – Produced 71,755 ounces of gold and 8.3 million pounds of copper. On track to meet 2021 metals production guidance;
• Continued focus on cost performance at all operations – Achieved an all-in sustaining cost per ounce of gold⁽¹⁾ of $701 and a cash cost per tonne of complex concentrate smelted⁽¹⁾ of $393. Year-to-date all-in sustaining cost per ounce of gold of $621 was below the low end of the guidance;
• Strong free cash flow – Continued to generate significant free cash flow during the quarter, achieving $41.0 million in cash flow from operating activities and $68.5 million of free cash flow⁽¹⁾;
• Solid quarterly earnings – Generated net earnings attributable to common shareholders from continuing operations of $50.4 million and adjusted net earnings⁽¹⁾ of $52.5 million or $0.28 per share;
• Growing financial strength – Ended the quarter with $269.5 million in cash and short term investments, an undrawn $150 million long-term revolving credit facility (“RCF”), as well as an investment portfolio of $48.5 million and no debt;
• Returning cash to shareholders – Declared third quarter dividend of $0.03 per common share payable on January 15, 2022 to shareholders of record on December 31, 2021 and repurchased 1,571,500 common shares under the Normal Course Issuer Bid (“NCIB”); and
• Acquisition of a high-quality development project – Completed acquisition of INV Metals Inc. (“INV”) during the quarter, adding Loma Larga, a gold development project with robust economics located in Ecuador.

edit:

Dundee Precious Metals Declares Dividend

TORONTO, Nov. 11, 2021
https://www.dundeeprecious.com…nd-74f83926b/default.aspx

Dundee Precious Metals Inc. (TSX: DPM) (“DPM” of “the Company”) today announced that its Board of Directors has declared a fourth quarter dividend of US$0.03 per common share.
The dividend is payable on January 17, 2022 to shareholders of record as at 5:00 p.m. Toronto local time on December 31, 2021 and qualifies as an “eligible dividend” for Canadian income tax purposes.

gestern wieder fünf Prozent abgeschmiert... und das bei dem positiven Umfeld!

Mit PR haben die es nicht so wäre langsam mal Zeit, konkrete Aussagen zur Pilot-Verarbeitungsanlage zu treffen... und was ist überhaupt mit den zig Bohrgeräten, die angeschafft wurden? Gammeln die in der Ecke vor sich hin oder was?

und hier nun die Zahlen:

Wesdome Announces 2021 Third Quarter Financial Results
TORONTO, Nov. 10, 2021

https://www.wesdome.com/news/p…/index.php?content_id=418

Key operating and financial highlights of the Q3 2021 results include:

• Gold production of 29,344 ounces, which includes 5,511 Kiena pre-commercial ounces, is a 47% increase over the same period in the previous year (Q3 2020: 20,008 ounces):
  
  
  • Eagle River Underground 56,003 tonnes at a head grade of 13.4 grams per tonne for 23,621 ounces produced, 22% increase over the previous year (Q3 2020: 19,319 ounces).
  • Mishi Open Pit 3,727 tonnes at a head grade of 2.3 g/t Au for 212 ounces produced (Q3 2020: 689 ounces).
  • Kiena 30,470 tonnes at a head grade of 5.8 grams per tonne for 5,511 pre-commercial ounces produced.

  
  

• Revenue of $67.5 million, a 23% increase over the previous year (Q3 2020: $55.0 million).
• Ounces sold were 30,000 at an average sales price of $2,249/oz (Q3 2020: 21,700 ounces at an average price of $2,532/oz).
• Cash margin¹ of $35.3 million, a 10.0% increase over Q3 2020 (Q3 2020 - $32.1 million).
• Operating cash flows increased by 33% to $33.9 million or $0.24 per share¹ as compared to $25.6 million or $0.18 per share for the same period in 2020.
• Free cash outflow of $9.1 million, net of an investment of $27.5 million in Kiena, or ($0.06) per share¹ (Q3 2020: free cash flow of $3.3 million or $0.02 per share).
• Net income of $15.3 million or $0.11 per share (Q3 2020: $14.6 million or $0.10 per share) and Net income (adjusted)¹ of $18.3 million or $0.13 per share (Q3 2020: $14.6 million or $0.10 per share).
• Cash position increased to $69.5 million compared to $67.8 million in the previous quarter.
• Cash costs¹ of $1,072/oz or US$851/oz, a 2% increase over the same period in 2020 (Q3 2020: $1,052/oz or US$790/oz) due to the inclusion of the higher cost Kiena pre-commercial ounces ($1,844 (US$1,463) per ounce), which increased the cash cost per ounce sold by $85 (US$67) per ounce;
• All-in sustaining costs (“AISC”) ¹ increased by 7% to $1,495/oz or US$1,186/oz (Q3 2020 - $1,395 (US$1,047) per ounce) due to the inclusion of the higher cost Kiena pre-commercial ounces ($1,891 (US$1,501) per ounce), which increased the AISC per ounce sold by $44 (US$35), combined with higher sustaining capital, corporate and general expenses and lease payments.

habs auch gesehen und dachte mir das Gleiche... wie soll Barrick aufholen, wenn sie sich Entwicklungsprojekte ans Bein binden; sie müssen doch eher schon produzierende Minen kaufen. Tja, also muss man Zugeständnisse machen bei: Land - Produkionshöhe - Lebensdauer usw. alles was man halt unter Tier-1 versteht.

an einem Tag wie heute -30% ... das spricht Bände ...

und noch ne News:

Pan American Silver drills new La Colorada Skarn extension with 77 metre interval containing 119 g/t Ag, 7.7% Pb and 13.62% Zn, and provides a project development update for the Skarn

VANCOUVER, BC, Nov. 10, 2021

https://news.panamericansilver…ment-update-for-the-Skarn

Drill Highlights Include:

• S-71-21: 31.9 m of 48 g/t Ag, 0.13% Cu, 3.51% Pb and 5.23% Zn and 77.1 m of 119 g/t Ag, 0.26% Cu, 7.70% Pb and 13.62% Zn
• U-67-21: 114.6 m of 133 g/t Ag, 0.04% Cu, 3.60% Pb and 4.83% Zn, including 82.7 m of 175 g/t Ag, 0.04% Cu, 4.25% Pb and 5.76% Zn
• S-62-21: 70.3 m of 82 g/t Ag, 0.05% Cu, 4.22% Pb and 9.99% Zn, including 34.0 m of 98 g/t Ag, 0.07% Cu, 5.14% Pb and 15.18% Zn
• S-01-21: 204.5 m of 48 g/t Ag, 0.19% Cu, 3.16% Pb and 5.32% Zn
• U-05-21: 181.7 m of 60 g/t Ag, 0.13% Cu, 3.77% Pb and 4.28% Zn
• U-36-21: 96.3 m of 19 g/t Ag, 0.04% Cu, 2.43% Pb and 3.12% Zn and 89.0 m of 65 g/t Ag, 0.19% Cu, 3.29% Pb and 6.61% Zn
• S-03-A-21: 264.1 m of 60 g/t Ag, 0.23% Cu, 3.43% Pb and 6.77% Zn
• D-67-07-21: 314.1 m of 35 g/t Ag, 0.17% Cu, 1.62% Pb and 2.82% Zn
• D-67-04-21: 169.8 m of 43 g/t Ag, 0.17% Cu, 1.22% Pb and 3.08% Zn
• D-65-02-21: 208.8 m of 44 g/t Ag, 0.23% Cu, 1.81% Pb and 3.01% Zn
• D-01-02-21: 199.2 m of 44 g/t Ag, 0.21% Cu, 2.02% Pb and 3.71% Zn
• D-107-04-21: 243.1 m of 30 g/t Ag, 0.10% Cu, 1.25% Pb and 4.12% Zn
• D-107-05-21: 64.5 m of 69 g/t Ag, 0.15% Cu, 2.15% Pb and 4.73% Zn and 20.3 m of 39 g/t Ag, 0.12% Cu, 1.85% Pb and 7.08% Zn and 111.0 m of 41 g/t Ag, 0.22% Cu, 1.32% Pb and 4.32% Zn.
• Seven infill drillholes (D-67-01/02/04/05/06/07 and 08) all confirmed wide zones of continuous mineralization within the core of the La Colorada Skarn.
• Drillhole S-01-21, partially reported on May 12, 2021, now contains an additional 59 metres of mineralization. The interval now extends over a total length of 204.5 metres of 48 g/t Ag, 3.16% Pb and 5.32% Zn.
• Infill drillhole S-03-A-21 returned 264.1 metres of 60 g/t Ag, 3.43% Pb and 6.77% Zn.
• The La Colorada Skarn zone has expanded over 200 metres to the west and northwest with high-grade mineralization encountered in recent drilling. Drillholes U-05-21 with 181.7 metres of 60 g/t Ag, 3.77% Pb and 4.28% Zn and U-67-21 with 114.6 metres of 133 g/t Ag, 3.60% Pb and 4.83% Zn along with previously reported holes U-40-20, D-57-05-20 and D-57-01-19, indicate the La Colorada Skarn footprint remains open to the west.
• Drillholes S-62-21 and S-71-21 are the most easterly drilled holes to date with high grade, polymetallic skarn mineralization, which could guide future exploration. Drillhole S-71-21 contains 77.1 metres of 119 g/t Ag, 7.70% Pb and 13.62% Zn. Drillhole S-62-21 contains 70.3 metres of 82 g/t Ag, 4.22% Pb and 9.99% Zn. Both drillholes are plus 200 metre eastern step-outs to D-81-04-20 (see news release issued on May 12, 2021).
• Breccia style mineralization has been extended 150 metres to the southeast of the resource with exploration hole D-95-03-21 intercepting various (20 to 50 metre wide) mineralized zones over 400 metres in drill length.

Pan American Silver reports cash flow from operations of $157.0 million in Q3 2021

VANCOUVER, BC, Nov. 9, 2021

https://news.panamericansilver…-157-0-million-in-Q3-2021

Q3 2021 Highlights:

• Consolidated silver production was 4.8 million ounces. La Colorada was largely responsible for increased production relative to the first and second quarters of 2021. With improved ventilation air volumes allowing accelerated mine development, mining rates increased by 21% relative to the previous quarter of 2021 and further increases are anticipated through the balance of 2021. We expect mine developments and mining rates to continue increasing over the coming quarters, with throughput rates increasing to approximately 2,000 tonnes per day by mid-2022. We also expect to increase underground exploration drilling rates, particularly for the Skarn deposit.
• Consolidated gold production was 142.6 thousand ounces. At Dolores, a delay in completing construction of leach pad 1 south has resulted in an in-heap gold inventory build-up of 8.1 thousand ounces in Q3 2021 and 37.0 thousand ounces year-to-date 2021 ("YTD 2021"). Loading of pad 1 south is expected to begin by the end of November 2021, which should allow inventory levels to normalize in 2022. At Shahuindo, an increase in pad inventories of 5.9 thousand ounces in Q3 2021 and 16.1 thousand ounces YTD 2021 was recorded.
• Revenue of $460.3 million benefited from the sale of dore and concentrate inventories built-up in prior periods, which was partially offset by the increase of on-pad inventories at Dolores and Shahuindo.
• Net income of $20.2 million ($0.10 basic income per share) was impacted by a non-cash mark-to-market loss on investment interests of $25.3 million ($0.12 per share) and an income tax expense of $50.4 million ($0.24 per share), partially offset by a $28.5 million gain ($0.14 per share) on the sale of a non-core exploration stage property.
• Adjusted income was $37.8 million ($0.18 basic adjusted income per share).
• Net cash generated from operations was $157.0 million and includes $23.0 million source of cash from working capital changes.
• Silver Segment Cash Costs and All-in Sustaining Costs ("AISC") per silver ounce were $11.92 and $16.30, respectively. Silver Segment costs were mainly impacted by increased mining costs at La Colorada for ventilation upgrades, extensive shotcrete ground support and investments in long-hole mining methods to benefit future operations. La Colorada AISC are expected to gradually decline, as throughput increases over the coming quarters.
• Gold Segment Cash Costs and AISC per gold ounce were $922 and $1,176, respectively.
• Capital expenditures of $66.2 million were comprised of $52.9 million of sustaining capital and $13.3 million of non-sustaining capital, which is mostly related to project capital. Project capital of $12.8 million was largely invested in advancing the exploration and development studies for the La Colorada Skarn project, including advancing construction of the new concrete-lined ventilation shaft and refrigeration plant, and the Wetmore exploration project at Timmins.
• 2021 Guidance revised. Full-year consolidated precious metals production is now estimated to be between 19.0 and 20.0 million ounces of silver and 560.0 to 588.0 thousand ounces of gold. The estimated ranges for Silver Segment Cash Costs and AISC have increased to $11.60 to $12.50 and $15.75 to $16.75, respectively. The Company has maintained its guidance for Gold Segment Cash Costs and AISC. The Company has reduced its estimates for sustaining capital to a range of $217.5 to $226.0 million and project capital to a range of $43.5 to $45.0 million. See the "2021 Guidance" section of this news release for further details, and the Company's Management's Discussion and Analysis for the three and nine months ended September 30, 2021.
• Strong financial position with working capital of $618.8 million, inclusive of cash and short-term investment balances of $315.4 million; an equity investment in Maverix Metals Inc. with a market value of $116.1 million; and $500.0 million available under Pan American's Sustainability-Linked Credit Facility, as at September 30, 2021. Total debt of $45.0 million was related to lease liabilities and construction loans.
• The Board of Directors has approved a cash dividend of $0.10 per common share, or approximately $21.0 million in aggregate cash dividends, payable on or about December 3, 2021, to holders of record of Pan American's common shares as of the close on November 22, 2021.

jetzt wird der Laden verramscht....

Great Panther Mining Announces $20 Million Bought Deal Offering of Common Shares

VANCOUVER, BC , Nov. 9, 2021 /CNW/ - Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), a growing gold and silver producer focused on the Americas, announces that it has entered into an underwriting agreement with H.C. Wainwright & Co., LLC, acting as sole book-running manager and representative of a syndicate of underwriters (together the "Underwriters"), under which the Underwriters have agreed to purchase in a public offering on a firm commitment basis 76,923,077 common shares (the "Shares") in the capital of the Company (the "Common Shares") at a public offering price of $0.26 per Share, less underwriting discounts and commissions, for aggregate gross proceeds of approximately $20 million (the "Offering"). Cormark Securities Inc. and Roth Capital Partners are acting as co-managers for the Offering.

In addition, the Company has granted the Underwriters an option (the "Option"), exercisable at any time and from time to time for up to 30 days, to purchase up to an additional 11,538,461 Common Shares at the public offering price per Common Share.

Great Panther will pay to the Underwriters a cash commission equal to 6.0% of the gross proceeds of the Offering, including any proceeds received from the exercise of the Option.

....

das liest sich doch ganz gut

Lundin Gold Reports Strong 2021 Third Quarter Results

VANCOUVER, BC, Nov. 9, 2021
https://www.lundingold.com/en/…hird-quarter-resu-122670/

2021 Third Quarter Financial Overview

• The Company sold a total of 111,605 ounces ("oz") of gold, consisting of 78,251 oz of concentrate and 33,354 oz of doré at an average realized gold price[1] of $1,769 per oz for total gross revenues from gold sales of $197.4 million. Net of treatment and refining charges, revenues were $190.8 million.
• Income from mining operations was $89.4 million and the Company generated cash flow of $92.7 million from operations and ended the quarter with a cash balance of $221.8 million. Free cash flow¹ for the quarter was $47.1 million or $0.20 per share and for the nine month period was $193.7 million or $0.84 per share.
• Earnings before interest, taxes, depreciation, and amortization¹ ("EBITDA") and adjusted EBITDA¹ were $112.8 million and $113.5 million, respectively.
• Net income was $56.7 million after deducting derivative losses, corporate, exploration, finance costs, and associated taxes on earnings. Adjusted earnings¹, which exclude derivative losses, were $58.8 million, or $0.25 per share.
• Cash operating costs¹ and all-in sustaining cost ("AISC")¹ for the quarter were $650 and $804 per oz of gold sold, respectively.

2021 Third Quarter Production Overview

• Gold production was 107,663 oz, comprised of 76,837 oz of concentrate and 30,826 oz of doré.
• The mine maintained its strong operating performance with 382,667 tonnes mined.
• Underground mine development also continued as planned with a total of 2,148 metres of development completed with development rates averaging 23.3 metres per day in the third quarter.
• Ramp up of the mill continued with the mill processing 365,316 tonnes of ore at an average throughput of 3,971 tonnes per day ("tpd").
• The average grade of ore milled was 10.3 grams per tonne with average recovery at 88.8%.

Based on results to date, by the end of 2021 the Company anticipates being near the upper end of its stated 2021 production guidance of 380,000 to 420,000 oz of gold produced and the lower end of the AISC³ guidance of between $770 and $830 per oz of gold sold, calculated on a basis consistent with prior periods.

...

viele weitre gute Nachrichten sind enthalten, Cash rauf, Schulden runter. Selbst zum Spekulieren ist man scheinbar fähig - im Gegensatz zu den meisten anderen...:
"The difference between net income and adjusted earnings during the third quarter and the 2021 Period is due to non-cash derivative losses of $0.6 million and derivative gains of $25.3 million, respectively, associated with fair value accounting for the gold prepay and stream facilities...."

...

einziger Wermutstropfen: Newcrest hat lieber Pretium statt Lundin übernommen; wird sicherlich seine Gründe haben...

still und leise Richtung Jahreshoch

Überblick (08.11.) über die beiden neuesten Zukäufe (von Rohstoff-TV, etwas reißerisch, eher als Werbung zu betrachten...):

https://www.rohstoff-tv.com/pl…metals-produktionsanlagen

heute schwächelt SGL etwas; habe eben aufgestockt - heißt doch immer "buy the dip"

Zitat von Nachtwächter

Andere stehen kurz vor der Bundeslade

und ganz viele andere stehen kurz vorm Bundeslande...

Tokelau 1 oz silver BEAR / BULL 2021

23,50€ / oz

beim Belgier:
https://goldsilver.be/en/coins…ver-bear-bull-2021-5.html

so wie es aussieht, muss er nun 10% seiner Anteile verkaufen... hmm, fraglich nur wann? Short würde mich jetzt schon ziemlich reizen...

The Board approves construction of the Veduga gold project

8 November 2021

The Board of Polymetal has approved a US$ 447 million investment in the 4.0 Moz asset, based on the results of the Preliminary Feasibility Study (“PFS”). First production is expected in Q2 2025.

https://www.polymetalinternati…ss-releases/08-11-2021-a/

HIGHLIGHTS

• The updated Ore Reserve estimate as at 1 February 2021 comprises 31.9 Mt of ore with an average gold grade of 3.9 g/t containing 4.0 Moz of gold. This is a 50% or 1.3 Moz increase compared to the previous estimate.
• Open-pit reserves increased by 89% to 1.4 Moz and now represent 35% of the total Ore Reserves. Underground reserves extended by 35% to 2.6 Moz.
• Mineral Resources additional to Ore Reserves stand at 8.7 Mt of ore with an average grade of 4.5 g/t containing 1.3 Moz of gold representing an opportunity for significant conversion into reserves.
• The mine plan assumes 10 years of conventional open-pit mining until 2031 (including pre-production stripping in 2022-2024), and 12 years of underground mining using a skip shaft for hauling from 2030 to 2041.
• The PFS is based on a 2.0 Mtpa flotation concentrator with dry-stacking of tailings. Flowsheet development has been supported by extensive external and in-house metallurgical testing.
• Flotation concentrate will be processed at the future POX-2, while volumes in excess of the facility’s capacity will be sold to 3^rd parties. Veduga could also potentially become a source of feed for the future Pacific POX project.
• Average LOM annual production is 200 Koz of gold at TCC in the range of US$ 725-775/oz and AISC in the range of US$ 800-850/oz.
• First production is planned for Q2 2025 with full ramp-up by the end of Q3 2025.
• The project will materially contribute to Polymetal’s carbon emission reduction targets. The mine will rely on hydro power ensuring relatively low emission intensity level of 405 kg CO2e/oz GE in 2025-2030 on average (well below the Group’s target of 560 kg CO2e/oz GE by 2030).
• Total project CAPEX is estimated at US$ 447 million (including capitalised pre-stripping costs) and includes a post-launch skip shaft and underground infrastructure construction of US$ 77 million in 2027-2029. The extended open pit allows to shift underground development capital costs beyond the start-up CAPEX.
• The project’s IRR is estimated at 19% with NPV of US$ 292 million (using a 10% discount rate, US$ 1,500/oz gold price, RUB/USD exchange rate of 72).
• Veduga has obtained the status of a Regional Investment Project, so should benefit from reduced income tax for the project in 2025-2028 and reduced Mineral Extraction Tax until 2034.
• Polymetal currently owns 59.4% stake in Veduga and holds a call option to increase its stake to 100% at a pre-determined price giving VTB a fixed rate of return on initial investment. Following the final statutory clearance which is expected in Q2 2022, Polymetal plans to fully consolidate the asset.

----

New Company presentation with updated guidance

8 November 2021

Polymetal has posted a presentation for its Analyst and Investor Day with updated mid-term production and CAPEX guidance on the Company’s website.

The new presentation can be accessed at the link:
https://www.polymetalinternati…nd-results/presentations/

November 05, 2021

Kirkland Lake Gold Announces Update to Fosterville News Release of August 30th, Significantly Increases Grade of Key Lower Phoenix Intercept

https://www.kl.gold/news-and-m…ix-Intercept/default.aspx

... The drill result initially reported for the Lower Phoenix VG intercept was 51.7 g/t Au over 2.6 m (ETW 2.2 m), including 215 g/t over 0.6 m (ETW 0.5 m) in hole UDH4051. However, the revised intercept is 207 g/t Au over 2.6 m (ETW 2.2 m), including 947 g/t Au over 0.6 m (ETW 0.5 m)....

Barrick Announces Third $250 Million(1) ($0.14 per share(2)) Return of Capital Tranche in Addition to a $0.09 per share Quarterly Dividend

Thu, November 4, 2021, 10:59 AM

https://finance.yahoo.com/news…KYgUa09__bBzyhU_Nd62bYrWq

...
he third $250 million¹ tranche (approximately $0.14 per share²)
of the return of capital distribution totalling $750 million will be
paid on December 15, 2021 to shareholders of record at the close of
business on November 30, 2021.
This will complement the $0.09
per share dividend declared by the Barrick Board of Directors for the
third quarter, which will also be paid on December 15, 2021 to
shareholders of record at the close of business on November 30, 2021....

Great Panther Reports Third Quarter 2021 Financial Results

VANCOUVER, BC , Nov. 3, 2021

https://www.greatpanther.com/n…er-2021-financial-results

"The third quarter was challenging operationally, with lower than planned production, which led to greater than anticipated unit costs,"

------------

mehr brauchts nicht, oder? Nächster Pleitekandidat mMn...

November 03, 2021

Kirkland Lake Gold Reports Record Net Earnings in Q3 2021

https://www.kl.gold/news-and-m…s-in-Q3-2021/default.aspx

• RECORD NET EARNINGS AND EPS IN Q3 2021
  Net earnings of $254.9M ($0.96/share), 26% increase from Q3 2020, 4% higher than Q2 2021; Adjusted EPS⁽¹⁾of $241.3M ($0.91/share) in Q3 2021
  

  
  

• SOLID PRODUCTION GROWTH FROM Q3 2020
  370,101 oz in Q3 2021, up 9% from Q3 2020, similar to record production of 379,195 oz in Q2 2021
  

  
  

• STRONG UNIT-COST PERFORMANCE IN Q3 2021
  Op. cash costs⁽¹⁾ of 438/oz sold, AISC⁽¹⁾ of $740/oz
  

  
  

• ON TRACK TO ACHIEVE FY 2021 GUIDANCE
  Company targeting top half of production guidance (1.3 – 1.4M oz); On track to achieve op. cash costs/oz⁽¹⁾ guidance ($450 – $475/oz) and AISC per/oz⁽¹⁾ guidance ($790 – $810/oz)
  

  
  

• STRONG CASH FLOW GENERATION IN Q3 2021
  Op. cash flow of $323.0M ($861.7M YTD 2021) with free cash flow⁽¹⁾ of $141.8M ($315.7M YTD 2021)
  

  
  

• RETURNED $333.9M TO SHAREHOLDERS (YTD 2021)
  $183.6M used to repurchase 4,466,200 shares, $150.4M paid in dividends; $333.9M equates to $1.28/share and $317/oz produced
  

  
  

• SIGNIFICANT EXPLORATION SUCCESS ACHIEVED
  Results at all three cornerstone assets highlight potential for continued growth in Mineral Reserves
  

  
  

• 10.1M OZ INCREASE IN OPEN-PIT M&I MINERAL RESOURCES AT DETOUR LAKE
  Open-pit M&I Mineral Resources tripled to 14,718,000 oz (572.0M tonnes @ 0.80 g/t); increase in Mineral Resources expected to drive strong growth in Mineral Reserves
  

  
  

• PROGRESS WITH ESG INITIATIVES
  Additional investments made in support of local communities; further progress achieved towards net-zero emissions by 2050 or earlier