MT - Exploring Mining Podcast: MT EXK ASM KNG

2023-04-18 12:20:00 ET

Vancouver, Kelowna, Delta, BC - April 18, 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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ArcelorMittal ( NYSE:MT ) has announced that ArcelorMittal Brazil, its Brazilian entity, will form a joint venture partnership (JV) with Casa dos Ventos, one of Brazil's largest developers and producers of renewable energy projects, to develop a 554 MW wind power project. The goal of this project, according to the press release, is "to secure and decarbonise a considerable proportion of ArcelorMittal Brazil's future electricity needs." Aditya Mittal, the company's CEO, said:

"As well as making climate sense, this project makes financial and operational sense. It reduces electricity costs and provides energy security to our Brazilian business and will deliver consistent, attractive long-term returns."

Endeavour Silver Corp. ( NYSE:EXK ) has decided to proceed with the construction of an underground mine and mill at the Terronera Project in Jalisco state, Mexico. The company's CEO, Dan Dickson, explained:

"With official Board approval now in hand, the path is cleared to advance construction of the Terronera Project, which will be Endeavour's next producing mine. We are very pleased with the financial commitments that Societe Generale and ING have made towards the development of the Terronera Project. After undergoing a comprehensive due diligence process, we secured very competitive financing terms with quality financiers that protect the upside for our shareholders."

Avino Silver & Gold Mines Ltd. ( NYSEAmerican:ASM ) has reported its production results for Q1 2023. Highlights include silver production of 234,338 oz, silver equivalent production of 678,247 oz, copper production of 1.4 million lbs, and gold production of 2,286 oz. David Wolfin, the company's President and CEO, said:

"The Avino Mine continued to provide consistent results in the first quarter of 2023, building on our successful 2022 production results. Our twelve-month trailing production of 2.9 million ounces reflects the tremendous achievements of our operations team in ensuring that Avino continues to meet and exceed our expectations. In addition, we continue to focus on executing our 5-year growth strategy to align with our goal of becoming an intermediate producer."

Kingsmen Resources Ltd. ( TSXV:KNG ) has announced the acquisition of the Silvia Mine project area adjacent to its 100 percent-owned Las Coloradas project to the west, giving it control of 8.45 km ² of the district. According to the press release, the Silvia Mine project comprises "old mine workings, prospective geology, and structural and geophysical targets."

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