Precious Metals

Newmont Upgraded to BBB+ by S&P

Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that S&P Global Ratings (S&P) has upgraded Newmont's issuer credit rating to BBB+ from BBB with a stable outlook. The upgrade is supported by Newmont's balance sheet strength and disciplined capital allocation priorities, in addition to higher future production and improving costs.

The upgrade from S&P follows Newmont's issuance of the mining industry's first sustainability-linked bond in December 2021. The $1.0 billion note is linked to Newmont's performance against key environmental, social and governance (ESG) commitments, including the Company's 2030 emissions reduction targets and the representation of women in senior leadership roles target.

"The upgrade from S&P is a reflection of Newmont's financial strength and flexibility as we continue to apply our disciplined approach to capital allocation across price cycles," said Newmont President and CEO Tom Palmer. "We continue to strengthen our balance sheet whilst aligning our financing strategy with our ESG commitments, ensuring that we are well-positioned to create long-term value for the business and all of our stakeholders for decades to come."

Newmont ended 2021 with $5.0 billion of consolidated cash and $8.0 billion of liquidity with a net debt to adjusted EBITDA ratio of 0.2x. Newmont's capital allocation philosophy remains unchanged and balances steady reinvestment in the business, maintaining financial strength and flexibility, and providing leading returns to shareholders.

About Newmont

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

Legal Cautionary Statement:

This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating expectations regarding long-term value creation, future financial strength and flexibility, future capital allocation and return to shareholders, and future performance against sustainability targets. Forward-looking statements provide the Company's current expectations about future events, but these statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. Investors should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 under the heading "Risk Factors," including in connection with any downgrade in the credit ratings, filed with the U.S. Securities and Exchange Commission (the "SEC") and available on the SEC website or www.newmont.com , as well as the Company's other SEC filings. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

Media Contact
Courtney Boone
303.837.5159
courtney.boone@newmont.com

Investor Contact
Daniel Horton
303.837.5468
daniel.horton@newmont.com

News Provided by Business Wire via QuoteMedia

NGT:CA
TSXV:LSX

LaSalle Exploration: Early-stage Precious Metals Exploration in Under-explored Areas of Quebec

LaSalle Exploration Corp. (TSXV:LSX) has launched its campaign on the Investing News Network’s resource channel.

LaSalle Exploration is a diverse resource exploration and development company focused on projects in the province of Quebec. The company is working to evaluate both the Eeyou Istchee James Bay region and under-explored regions of the Abitibi Greenstone Belt. The company owns a strong portfolio of projects including the Radisson gold property, the Blakelock gold-copper property and its recently-acquired Egan gold property.

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NYSE:NEM

Precipitate Gold: Exploring in Prospective Mining Jurisdictions in the Dominican Republic

Precipitate Gold Corp. (TSXV:PRG) has launched its campaign on the Investing News Network’s resource channel.

Precipitate Gold is a mineral exploration company with district-scale strategic land positions in the Dominican Republic. The company is currently advancing its Pueblo Grande and Juan de Herrera projects in the Dominican Republic, where the company is also working to expand its existing portfolio. Precipitate Gold always works to acquire 100 percent of the properties that it owns, ensuring that there are no outstanding vendor payments or working commitments.

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FRA:29W

White Gold Featured in the Mining Journal

White Gold Corp. (TSXV:WGO,OTC:WHGOF,FRA:29W) has been featured in a sponsored article published by the Mining Journal.

The article covered recent results from White Gold’s 2019 exploration program which is comprised of 17,000 meters of diamond drilling, 7,500 meters of reverse circulation drilling and upcoming drill plans. To date, White Gold has identified multiple new high-grade mineralization trends across its JP Ross project and White Gold project in the Yukon’s White Gold district. The new trends were all delineated within 10 kilometers away from last year’s Vertigo discovery area. One of White Gold’s goals this summer is to add more ounces to the VG zone on the company’s QV project, which sits 44 kilometers north of Newmont Goldcorp’s (TSX:NGT,NYSE:NEM) Coffee project.

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New to the Investing News Network – August 2021

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Gold Mining in Nunavut: Tapping into Canada's Frontier Mining Jurisdiction

As Canada's last frontier for mineral exploration, Nunavut is also one of the most promising. Covering an area roughly the size of Western Europe, the region is incredibly rich in mineral resources, including iron ore, diamonds and oil and gas, plus a wealth of critical minerals.

In addition to this impressive mineral inventory, gold is arguably Nunavut's greatest mineral resource. Along with two current producing gold mines, the territory hosts multiple gold deposits at various stages of exploration, construction and development.

One of the most promising regions for gold exploration and discovery in Nunavut sits proximal to the Rankin Inlet. Primarily, this promise is because it hosts Canada's second largest greenstone belt — geologic formations known for having incredibly rich deposits of gold. Significant exploration and discovery has already occurred in this area, yielding both valuable data and improved geological models that can be leveraged by newcomers to the area.

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B2Gold Targets 30% Reduction in GHG Emissions by 2030 and Announces Expansion of the Fekola Solar Plant

B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce that the Company has set a target to reduce its Scope 1 and 2 greenhouse gas ("GHG") emissions by 30% by 2030 against a 2021 baseline.

As a Company, B2Gold recognizes that climate change is a critical global challenge and understands that it must act accordingly. B2Gold has been an innovative leader within the mining industry with respect to the management of sustainability issues and this commitment to GHG emissions reduction forms a key part of our Climate Strategy, incorporating climate management as a part of its business strategy and planning process.

News Provided by GlobeNewswire via QuoteMedia

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Mink Ventures' Exploration Progress from Its Montcalm Ni-Cu-Co Project

Mink Ventures' Exploration Progress from Its Montcalm Ni-Cu-Co Project

Mink Ventures Corporation (TSXV: MINK) ("Mink" or the "Company") today announced an exploration progress update from its 40 km2 Montcalm nickel copper cobalt project, located adjacent to Glencore's historical Montcalm Mine, 65 km northwest of Timmins, Ontario. The Montcalm Mine had historical production of approximately 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co. (Ontario Geological Survey, Atkinson, 2010). In just over two weeks since beginning its exploration program, the Company has completed the following at its Montcalm Project (see accompanying Fig.2).

  • Completed multiple, borehole induced polarization (IP) surveys, as well as cross hole configurations, within the western portion of the Hook Zone, on five, priority, historical drill holes where unexplained electromagnetic (EM) targets remain relevant. The new, advanced borehole IP technology being utilized here can seek for a 250-meter radius around a borehole and deeper still from the bottom of a hole for both massive and disseminated targets and model these zones in 3D.
  • Outlined a number of significant targets of interest from the preliminary field data from the borehole IP survey. The field portion of the borehole surveying will be completed within the week and more detailed processing of the data will continue to prioritize targets for Mink's diamond drill program.
  • Applied to the Ontario Government's Critical Minerals Innovation Fund for a non-dilutive, $200,000 grant to build upon the success of Mink's Phase 1, proof-of-concept borehole IP survey, with a Phase 2 and Phase 3 survey program within or proximal to the Hook Zone. These surveys can seek massive and disseminated mineralization cost-effectively and will continue to be an important new exploration tool at Montcalm.
  • Mobilized a line-cutting and surface IP crew to evaluate the Southern Target Area of the project. A number of untested historical EM targets and magnetic anomalies identified by previous operators and government surveys will be the focus of this program and will better refine these targets for drill testing. The surface IP survey will begin immediately once the borehole IP work to the north is completed and will help refine and prioritize these targets.
  • Secured a diamond drill contractor for a phase 1 drill program which will follow in late February upon the completion of the geophysical surveys.

Significant advances in IP geophysical technology have enabled deeper penetrating systems with incredible clarity. The new IP systems allow for the production of 3D geophysical models of mineralized zones. Mink is benefitting from the work of previous operators who left numerous EM targets unexplained or untested in historical holes; these holes can now be probed with the new borehole IP technology. Borehole IP systems now have the capability to see a 250 meters radius around a bore hole and significantly below the end of the drill hole, which is an extremely cost-effective way of evaluating both disseminated and more massive targets at depth. The deepest known Ni Cu Co lenses at the Montcalm Mine are known to extend from approximately 250 to 400 meters vertical depth, which is well beyond the capability of many older surface EM systems.

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Abcourt Mines

Abcourt Files The Mineral Resource Update Technical Report For The Sleeping Giant Mine

Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI)is pleased to announce that it has filed the Mineral Resources Estimate (MRE) technical report in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“) on its 100% owned Sleeping Giant Mine. The technical report entitled “NI 43-101 Technical Report and Mineral Resource Estimate for the Sleeping Giant Mine, Quebec, Canada” and dated January 25, 2023 (with an effective date of December 12, 2022) has been prepared for Abcourt by the firm InnovExplo from Val-d’Or. The technical report is available on SEDAR (www.sedar.com) under Abcourt’s issuer profile.

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Titan Minerals

Quarterly Activities Report For The Period Ending 31 December 2022

Titan Minerals Limited (Titan or the Company) (ASX:TTM) is pleased to provide a summary of its activities for the three month period ending 31 December 2022. The Company has made significant advances on exploration work programs at its Dynasty, Linderos and Copper Duke Projects in southern Ecuador, where several high priority targets have been identified and are being prioritised for drill testing in 2023.
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two bars of gold and two bars of silver

Australia Precious Metals Price Forecast: Top Trends for 2023

The precious metals sector was able to make some gains in 2022 despite broad uncertainty, which eroded market momentum and sentiment.

Three of the four categories (gold, silver and platinum) posted an uptick for the calendar year, while palladium shed 7.6 percent over the 12 month period. An ongoing semiconductor chip shortage in the auto sector weighed on the metal’s demand fundamentals, impeding growth.

The role Russia plays in the palladium market also infused volatility into the sector and led to increased substitution for platinum.

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