Australia's largest gold producer Newcrest Mining on Friday said it expects output in the March quarter to improve from the previous one, but flagged weather issues and Omicron-led headwinds at its Lihir mine. Still, the miner posted a 10% sequential rise in second-quarter gold output, driven by higher throughput rates and increased mill capacity at its Cadia project. Newcrest, which expects to complete the acquisition https://www.reuters.com/article/pretium-res-m-a-newcrest-idUSKBN2HT2SJ of Canadian gold miner Pretium Resources Inc in the current quarter, also said it was on track to achieve its full-year gold output guidance of 1,800 thousand ounces (koz) to 2,000 koz.
VANCOUVER, British Columbia, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that the Company has obtained a final order from the Supreme Court of British Columbia (the “Court”) approving the previously announced acquisition of the Company by Newcrest Mining Limited (ASX/TSX/PNGX: NCM) (“Newcrest”) by way of a plan of arrangement (the “Transaction”). The Transaction remains subject to final approval by the Toronto Stock Exchan
OTTAWA, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) announces that Newcrest International Pty Limited (“Newcrest”), a subsidiary of Newcrest Mining Limited (ASX: NCM) has notified Cornerstone and its subsidiary Cañabrava Mining S.A. that Newcrest intends to withdraw from the option and farm-in Agreement Cornerstone’s Caña Brava and Tioloma properties in Ecuador (Figures 1 and 2) (the “Pr