Vancouver’s Forex And Mining Landscape: Strategies For Financial Success

admin media

Vancouver’s Forex And Mining Landscape: Strategies For Financial Success – Metal processing, smelting, refining and metal products Mining companies Gold prospecting, exploration and extraction of mineral resources Underground mining

Canadian company Lundin Gold produced 129,731oz of gold from its Fruta del Norte mine (pictured) in Ecuador in 2Q23, an increase of 16% year-on-year.

Vancouver’s Forex And Mining Landscape: Strategies For Financial Success

Vancouver's Forex And Mining Landscape: Strategies For Financial Success

Of the total production from the underground mine, 85, 395oz was in concentrate and 44, 336oz in gold, the company said in a release. Average mine throughput was 4, 598t / d at an average grade of 11.0g / t and recovery of 88.0%.

Pipeline Starved Canadian Energy Shines As Permian Cools Down

“Higher-than-expected grade and mill production in the second quarter offset lower recoveries, which were caused by changes in ore quality and the impact of oxidation on the coarse ore reserve,” said CEO Ron Hochstein.

Although he described the factory’s performance as excellent, he added that “we expect the recovery to be affected in the third quarter [and] continue to optimize operations and believe that we can build on the success achieved in the first half of the year. As As a result, we will revise our 2023 guidance [425,000oz-475,000oz] and provide an update as part of our second quarter financial results in a few weeks.”

Subscription to the leading business intelligence platform in Latin America with different tools for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance industries.

The head of Santa Barbara Consultants recommends establishing open communication channels, exploring joint ventures and stakeholder priorities…

A Record Year For M&a Transactions In 2022

The organization together with the Frente Nacional Antiminero will file a lawsuit against the decree before the constitutional court on June 13.

Find important information about thousands of Mining & Metals projects in Latin America: at what stage, Capex, related companies, contacts and more.

Find important information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.

Vancouver's Forex And Mining Landscape: Strategies For Financial Success

Subscribe to get news, project information and contact information related to thousands of companies doing business in Latin America. Project British Columbia NI 43-101 Technical Report on Pre-Feasibility Study” was filed on SEDAR by Artemis on September 18, 2020. The FS results reflect several positive changes in the planned development approach of the Blackwater Project compared to 2020. PFS. The scope changes incorporated in the Study include:

Wwl Consulting Experts 2022 By Lbresearch

A summary of the Study’s technical and financial metrics in comparison to the 2020 PFS is provided in Table 2.

The leveraged case reflects the impact of debt. Project Financing is not a measure of the economic viability and technical feasibility of the Project, but rather a measure of the Company’s ability to obtain debt financing for the Project.

My estimate of life sustaining capital in the FS increased by C$194 million to C$831 million compared to the estimate of C$637 million sustaining capital in the 2020 PFS. The increase in sustaining capital is a more accurate reflection of cost estimates related primarily to the continued expansion of the tailings storage facility (“TSF”) and water management system as well as the cost of the replacement mine fleet on the LOM. The increase in sustained capital during my lifetime was the biggest factor contributing to an increase in AISC to $850/oz in the FS, from $811/oz in the 2020 PFS.

Base case savings are calculated on an unlevered basis, based on a long-term market consensus gold price of US $ 1,600 / oz, a silver price of US $ 21.33 / oz and a foreign exchange rate of CAD $ 1 = USD $ 0.79. The savings include the effect of the Blackwater gold stream (the “Stream”), which was issued to finance a portion of the acquisition price of Blackwater by Artemis from New Gold Inc. (“New Gold”) (see August 24 news release). , 2020). Under the terms of the Stream, New Gold will purchase 8.0% of the refined gold produced from the Project. Once 279,908 ounces of refined gold have been delivered to New Gold, the gold stream will decrease to 4.0%. New Gold will make payment for the gold purchased equal to 35% of the gold price in US dollars quoted by the London Bullion Market Association two days before delivery.

Artemis Gold Inc.

The figures and charts below show the sensitivity of after-tax NPV and IRR to changes in the price of gold in US dollars and the CAD/USD exchange rate.

Figure 1 – Sensitivity of base case NPV5% after tax (C$ billion) to changes in the US$ gold price keeping the USD/CAD exchange rate fixed at 0.79 (base case highlighted)

Table 3 – Sensitivity of NPV5% after tax after base case (C millions) to changes in US$ gold price and USD/CAD exchange rate (base case marked)

Vancouver's Forex And Mining Landscape: Strategies For Financial Success

Figure 2 – Sensitivity of the base case IRR after tax to changes in the US$ gold price keeping the USD/CAD exchange rate fixed at 0.79 (base case marked)

Declare Aug 15 ‘national Day Of Celebration’

Table 4 – Sensitivity of the base case IRR after tax to changes in the US$ gold price and the USD/CAD exchange rate (base case highlighted)

The study was led by Ausenco Engineering Canada Inc. (“Ausenco”), together with the support of Knight Piésold Ltd. (“KP”), Moose Mountain Technical Services (“MMTS”), Allnorth Consultants Ltd. (“Allnorth”). , Lorax Environmental Services Ltd. (“Lorax”), ERM Consultants Canada Ltd. (“ERM”) and JAT MetConsult Ltd., are all independent of the Company.

The company presented two cases as part of the FS: an unlevered base case, and an alternative leveraged case assuming C$360 million (plus up to C$25 million in capitalized interest) financed through debt the project.

The company has decided to meet or exceed the Blackwater Project’s savings and improve the accuracy and funding of the Project against the 2020 PFS. The Artemis methodology and the Project’s development approach include the following:

Grain And Oilseeds News, Prices And Analysis

The Mineral Resource estimate for the Blackwater Project is unchanged from the estimate incorporated in the 2020 PFS. The Mineral Resource is estimated from a drill hole database of 1,002 drill holes and 288,738 test intervals. The three domains were generated according to the north-south fault and the change in the orientation of the mineralization. The block model has a selective mining unit of 10 x 10 x 10 m, with gold interpolation performed by multiple indicator kriging (“MIK”) and silver interpolation using ordinary kriging (“OK”). The interpolations were limited by domain boundaries and were cut off at the overflow surface. Blocks were given a preliminary classification based on variography and drill hole spacing by domain, and the Measured and Indicated confidence classification was then adjusted for block continuity.

The base grade of the cut case, in the “reasonable prospect of eventual economic extraction” of the hole shell is 0.20 g/t gold equivalent (“AuEq”), where the AuEq is calculated as AuEq = Au g/t + (Ag g/ t x 0.006) . At base case prices, exchange rates and smelter terms, a cut of 0.20g/t AuEq covers processing costs of C$9.00/t treated. At a cut-off of 0.20 g/t AuEq, the total Measured and Indicated Mineral Resources are estimated at 597 Mt at 0.65 g/t AuEq, 0.61 g/t Au, and 6.4 g/t Ag for a total of 12.4 million AuEq ounces. Of the total Measured and Indicated Mineral Resources, 75% are in the Measured Category Table 6 summarizes the Mineral Resource estimate and includes sensitivity cases to show the sensitivity of the estimate to changes in cut grade.

There are no other known factors or issues affecting the Mineral Resource estimate other than the normal risks faced by mining projects in the province in terms of environmental, permitting, taxation, socio-economic, marketing, and political factors. Additional risk factors are listed in the “Warnings About Precious Information” section at the end of this news release.

Vancouver's Forex And Mining Landscape: Strategies For Financial Success

The Mineral Reserve estimate for the Blackwater Project is unchanged from the estimate incorporated in the 2020 PFS. Mineral Reserves for Blackwater are part of the Measured and Indicated Mineral Resources, described above. Proved and Probable Mineral Reserves are modified from Measured and Indicated Mineral Resources and are summarized in Table 7. Inferred Mineral Resources are wasted.

Green Bitcoin Images, Stock Photos & Vectors

Mineral Reserves are based on Feasibility Study engineering and economic analysis for the Blackwater Project. Specific risks in Mineral Reserves include changes in the following factors: Metal prices, Foreign Exchange Rates, Interpretation of mineralization geometry and continuity in mineralization areas, geotechnical and hydrological assumptions, the ability of mine operations to meet the annual production rate, operating cost assumptions. , mining and plant recovery processes, the ability to meet and maintain permits and environmental license requirements and the ability to maintain the social license to operate.

There are no other known factors or issues affecting the Mineral Reserve estimate other than those disclosed above and the normal risks faced by mining projects in the province in terms of environmental, permitting, taxation, socio-economic, marketing, and political factors. additional risk factors as listed in the “Warnings Regarding Supply Information” section below.

The project is located in central British Columbia, approximately 160 km southwest of Prince George and 446 km northeast of Vancouver. The project is accessible by major highways and access/service roads.

Artemis has a 100% registered interest in 329 mineral claims covering an area of ​​148,902 ha distributed among them.

Servall Multi Services

Business strategies for success, forex strategies for beginners, success strategies for students, financial success strategies, strategies for forex trading, strategies for forex, amazon strategies for success, strategies for financial success, nclex strategies for success, strategies for success, academic strategies for success, strategies for test success

Also Read

Bagikan:

Tags

Leave a Comment