Zinc

Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV) (BVL: TV) (OTCQX: TREVF) (FSE: 4TI) is pleased to announce the appointment of Derek du Preez as Chief Operating Officer (COO), effective immediately.

Trevali is a global zinc producer operating three revenue-generating mines, focused on delivering sustainable shareholder value through transformative technology and ESG practices. Our property portfolio is focused and located in established mining jurisdictions of Canada, Burkina Faso and Namibia. Our core values of teamwork, respect, performance and care drive us, and sustainability is key to our success. Our purpose is to be the world's most sustainable mining company. (CNW Group/Trevali Mining Corporation)

Derek du Preez brings more than 25 years of experience working at mining operations across Canada , Australia , and Africa , where he has held operational, project and technical roles with increasing levels of responsibility. Most recently, he served the Company as Chief Technical Officer and has successfully completed several critical projects, including the Rosh Pinah Expansion Project (" RP2.0 ") NI 43-101 Feasibility Study, oversight of the drilling and resource expansion work at the Rosh Pinah Mine, overseeing the successful restart of the Caribou Mine, and delivering the Rapid Oxidative Leach ("ROL") Pilot Testing Program at Caribou. He has been Interim COO since December 2021 .

"Derek is a great leader of people, and he is pivotal in his role at Trevali as he leads the early works program for the RP2.0 Expansion Project at Rosh Pinah," said Ricus Grimbeek, President and CEO. "We are pleased that he will continue to lead the operational and technical teams in delivering further productivity and safety gains across all our operations."

Before joining Trevali, Derek was a Principal Consultant at AMC Consultants. Prior to that he held the position of Director, Digital Transformation, North Atlantic at Vale Canada, and Head of Digital Delivery Centre at South32, as well as a progression of operational roles at BHP Billiton. He holds a Bachelor of Engineering Technology and Mechanical Engineer's Certificate of Competency from South Africa , is a Technologist Member of the Institute of Engineers Australia in the Mechanical College, and has completed a Management Development Program through the University of the Witwatersrand.

About Trevali Mining Corporation

Trevali is a global base-metals mining Company headquartered in Vancouver, Canada . The bulk of Trevali's revenue is generated from zinc and lead concentrate production at its three operational assets: the 90%-owned Perkoa Mine in Burkina Faso , the 90%-owned Rosh Pinah Mine in Namibia , and the wholly owned Caribou Mine in northern New Brunswick, Canada . In addition, Trevali owns the Halfmile and Stratmat Properties and the Restigouche Deposit in New Brunswick, Canada . Trevali also owns an effective 44% interest in the Gergarub Project in Namibia , as well as an option to acquire a 100% interest in the Heath Steele deposit located in New Brunswick, Canada . The company's growth strategy is focused on the exploration, development, operation, and optimization of properties within its portfolio, as well as other mineral assets it may acquire that fit its strategic criteria. Trevali's vision is to be a responsible, top-tier operator of long-life, low-cost mines in stable pro-mining jurisdictions. Trevali is committed to socially responsible mining, working safely, ethically, and with integrity. Integrating responsible practices into its management systems, standards, and decision-making processes is essential to ensuring everyone and every community's long-term sustainability.

The shares of Trevali are listed on the TSX (symbol TV), the OTCQX (symbol TREVF), the Lima Stock Exchange (symbol TV), and the Frankfurt Exchange (symbol 4TI). For further details on Trevali, readers are referred to the Company's website ( www.trevali.com ) and to Canadian regulatory filings on SEDAR at www.sedar.com .

SOURCE Trevali Mining Corporation

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FWB:4TI

Trevali to Release Third Quarter Results on November 5, 2019

Trevali Mining Corporation (“Trevali” or the “Company”) (TSX:TV, BVL:TV, OTCQX:TREVF, Frankfurt:4TI) announces that the operating and financial results for the third quarter ended September 30, 2019, will be released on Tuesday, November 5, 2019 after the Toronto Stock Exchange market close.

Q3-2019 Results Conference Call

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Trevali Establishes Automatic Share Purchase Plan

Trevali Mining Corporation (“Trevali” or the “Company”) (TSX:TV, BVL:TV; OTCQX:TREVF, Frankfurt:4TI) today announced that, in connection with its previously announced normal course issuer bid (“NCIB”) to purchase up to 40,000,000 of its common shares (“Common Shares”), it has entered into an automatic share purchase plan (“ASPP”) with its designated broker. The ASPP is intended to allow for the purchase of Common Shares under the NCIB at times when Trevali would ordinarily not be permitted to purchase shares due to regulatory restrictions and customary self-imposed blackout periods.

Pursuant to the ASPP, before entering into a blackout period, the Company may, but is not required to, instruct the designated broker to make purchases under the NCIB in accordance with the terms of the ASPP. Such purchases will be determined by the designated broker at its sole discretion based on purchasing parameters set by Trevali in accordance with the rules of the Toronto Stock Exchange (“TSX”), applicable securities laws and the terms of the ASPP. The ASPP has been pre-cleared by the TSX and implemented as of September 20, 2019, and will terminate on the earliest of the date on which: (i) the purchase limit under the NCIB has been reached; (ii) the NCIB expires; and (iii) the Company terminates the ASPP in accordance with its terms.

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Trevali announces Annual General Meeting results

Trevali Mining Corporation (“Trevali” or the “Company”) (TSX:TV, BVL:TV; OTCQX:TREVF, Frankfurt:4TI) announced the voting results from its Annual and Special Meeting of Shareholders (the “Meeting”) held on July 31, 2019 in Vancouver, British Columbia. Shareholders voted in favour of all items of business before the Meeting as follows:

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Trevali to Release Second Quarter Results on July 31, 2019

Trevali Mining Corporation (“Trevali” or the “Company”) (TSX:TV, BVL:TV) announces that the operating and financial results for the second quarter ended June 30, 2019, will be released on Wednesday, July 31, 2019 after the Toronto Stock Exchange market close.

The Company will host a conference call and presentation webcast at 11:00AM Eastern Time on Thursday, August 1, 2019 to review the operating and financial results. Participants are advised to dial in five minutes prior to the scheduled start time of the call. A presentation will be made available on the Company’s website prior to the conference call.

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Trevali Releases its Inaugural Sustainability Report

Trevali Mining Corporation (“Trevali” or the “Company”) (TSX:TV, BVL: TV) announced today that it has issued its inaugural Sustainability Report, which is available at www.trevali.com.

“This report is our first step towards becoming more transparent in how we manage the elements of sustainability,” said Ricus Grimbeek, President and CEO. “We will keep improving the quality of our data and management practices and build on the good progress we have made so far. The future of mining requires meeting higher sustainability standards and is an essential part of Trevali’s objective to become an industry leader in sustainability and one of the best underground mining companies in the world.”

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Polymet Mining Corp.

Polymet Mining Corp.

PolyMet Mining Corp is engaged in the exploration and development of natural resource properties. The company's primary mineral property is the NorthMet Project, which is a polymetallic project in northeastern Minnesota, USA. The company ultimately plans to produce metals such as copper, nickel, cobalt, platinum, palladium, and gold.

Trevali Reschedules Second Quarter 2022 Financial Results and Conference Call

Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV) (BVL: TV) (OTCQX: TREVF) ( Frankfurt : 4TI) today announced that the filing of its second quarter 2022 operating and financial results for the period ended June 30, 2022 and the accompanying conference call and webcast has been rescheduled.

Trevali Mining Corporation Logo (CNW Group/Trevali Mining Corporation)

The operating and financial results for the first quarter are now expected to be released on Monday, August 15, 2022 after the Toronto Stock Exchange market close.

Q2-2022 Financial and Operational Results Conference Call and Webcast

The Company will host a conference call and webcast presentation at 1:00PM Eastern Time ( 10:00AM PT ) on Tuesday, August 16, 2022 to review the operating and financial results. Participants are advised to dial-in five minutes prior to the scheduled start time of the call. A presentation will be made available on the Company's website prior to the conference call.

Conference call dial-in details:

Date: Tuesday, August 16, 2022 at 1:00 PM Eastern Time
Dial-in: Toll-free ( North America ): (+1) 888 886 7786
International: (+1) 416 764 8658
Conference ID 80735055
Webcast: https://www.gowebcasting.com/11979

About Trevali Mining Corporation

Trevali is a global base-metals mining Company headquartered in Vancouver, Canada . The bulk of Trevali's revenue is generated from zinc and lead concentrate production at its three operational assets: the 90%-owned Perkoa Mine in Burkina Faso , the 90%-owned Rosh Pinah Mine in Namibia , and the wholly owned Caribou Mine in northern New Brunswick, Canada . In addition, Trevali owns the Halfmile and Stratmat Properties and the Restigouche Deposit in New Brunswick, Canada . Trevali also owns an effective 44% interest in the Gergarub Project in Namibia . The Company's growth strategy is focused on the exploration, development, operation, and optimization of properties within its portfolio, as well as other mineral assets it may acquire that fit its strategic criteria. Trevali's vision is to be a responsible, top-tier operator of long-life, low-cost mines in stable pro-mining jurisdictions. Trevali is committed to socially responsible mining, working safely, ethically, and with integrity. Integrating responsible practices into its management systems, standards, and decision-making processes is essential to ensuring everyone and every community's long-term sustainability.

The shares of Trevali are listed on the TSX (symbol TV), the OTCQX (symbol TREVF), the Lima Stock Exchange (symbol TV), and the Frankfurt Exchange (symbol 4TI). For further details on Trevali, readers are referred to the Company's website ( www.trevali.com ) and to Canadian regulatory filings on SEDAR at www.sedar.com .

SOURCE Trevali Mining Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/05/c5066.html

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Newmont Corporation

Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.

Trevali Secures Credit Approval for $110 Million Senior Debt Facility for Rosh Pinah Expansion

Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV) (BVL: TV) (OTCQX: TREVF) ( Frankfurt : 4TI) is pleased to announce that it has received credit approval from Standard Bank of Namibia Limited and The Standard Bank of South Africa Limited (together, "Standard Bank") for a Senior Secured Financing Facility of $110 million to fund the expansion of the Company's Rosh Pinah Mine ("Rosh Pinah" or the "Mine") in Namibia . All amounts in this release are in U.S. dollars unless otherwise indicated.

Trevali Mining Corporation Logo (CNW Group/Trevali Mining Corporation)

"Project financing for the Rosh Pinah expansion (" RP2.0 ") has been steadily progressing for the past several months, and we are pleased to report the confidence in the Rosh Pinah operation and expansion that is reflected by Standard Bank's credit approval and strong endorsement of the RP2.0 project," said Ricus Grimbeek, President and CEO of Trevali.

"The expansion at Rosh Pinah is the primary focus for Trevali in the coming years and we look forward to working with Standard Bank as a supportive lender that has intimate knowledge about the Rosh Pinah Mine, the expansion plan, and long-term operating success that has been achieved since mining began in 1969."

Credit approval follows the execution of a mandate agreement with Standard Bank in March of this year and completion of legal and technical due diligence of the Rosh Pinah Mine and the RP2.0 project, including a site visit to the operation.

Closing of the Senior Secured Financing Facility is subject to a number of conditions, including the negotiation and settlement of definitive loan facility and security documentation, the execution and delivery of definitive documentation in respect of the other elements of the comprehensive financing package, including an intercreditor agreement between Standard Bank and the various subordinated secured lenders, and the consent of and release of existing security by Trevali's existing senior secured lenders. While the Company is progressing these various workstreams, there is no certainty that the conditions set out in the Standard Bank credit approval will be satisfied in a timely manner or at all.

The Company is continuing to pursue the arrangement of an Export Credit Agency ("ECA") backed equipment finance facility, which may increase the amount available under the Senior Secured Financing Facility by up to $20 million .

As previously announced, negotiations for other components of the comprehensive funding package for RP2.0 and the refinancing of both the existing corporate revolving credit facility and Glencore loan facility, which mature in September 2022 , are ongoing, and the Company expects to provide a further update on these initiatives in due course.

The Company is being advised on the debt financing by Endeavour Financial. Blake, Cassels & Graydon LLP is acting as legal counsel to the Company with support from the H.D. Bossau & Co. law firm in Namibia . Notwithstanding the above arrangement with Endeavour Financial and Standard Bank, the Company continues to consider all available financing options.

About Endeavour Financial Limited (Cayman)

Endeavour Financial, with offices in London, UK, George Town, Cayman Islands and Vancouver, British Columbia , is one of the top mining financial advisory firms, with a record of success in the mining industry, specializing in arranging multi-sourced funding solutions for development-stage companies. Founded in 1988, Endeavour Financial has a well-established reputation of achieving success with over US$500 million in royalty and stream finance, US$5.4 billion in debt finance and US$28 billion in mergers and acquisitions. The Endeavour Financial team has diverse experience in both natural resources and finance, including investment bankers, geologists, mining engineers, cash flow modelers and financiers.

About Trevali Mining Corporation
Trevali is a global base-metals mining Company headquartered in Vancouver, Canada . The bulk of Trevali's revenue is generated from zinc and lead concentrate production at its three operational assets: the 90%-owned Perkoa Mine in Burkina Faso , the 90%-owned Rosh Pinah Mine in Namibia , and the wholly owned Caribou Mine in northern New Brunswick, Canada . In addition, Trevali owns the Halfmile and Stratmat Properties and the Restigouche Deposit in New Brunswick, Canada . Trevali also owns an effective 44% interest in the Gergarub Project in Namibia . The Company's growth strategy is focused on the exploration, development, operation, and optimization of properties within its portfolio, as well as other mineral assets it may acquire that fit its strategic criteria. Trevali's vision is to be a responsible, top-tier operator of long-life, low-cost mines in stable pro-mining jurisdictions. Trevali is committed to socially responsible mining, working safely, ethically, and with integrity. Integrating responsible practices into its management systems, standards, and decision-making processes is essential to ensuring everyone and every community's long-term sustainability.

The shares of Trevali are listed on the TSX (symbol TV), the OTCQX (symbol TREVF), the Lima Stock Exchange (symbol TV), and the Frankfurt Exchange (symbol 4TI). For further details on Trevali, readers are referred to the Company's website ( www.trevali.com ) and to Canadian regulatory filings on SEDAR at www.sedar.com .

Cautionary Note Regarding Forward-Looking Information and Statements
This news release contains "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements"). Forward-looking statements are based on the beliefs, expectations and opinions of management of the Company as of the date the statement are published, and the Company assumes no obligation to update any forward-looking statement, except as required by law. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "outlook", "guidance", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. Forward-looking statements relate to future events or future performance and reflect management's expectations or beliefs regarding future events including, but not limited to, statements with respect to the financing of the RP2.0 project, including with respect to the credit approval obtained by Standard Bank for the Senior Secured Financing Facility and the expected commercial terms of such facility, the terms and conditions of Standard Bank's credit approval, including the negotiation and execution of definitive loan and security documentation, the potential arrangement of an ECA-backed equipment finance facility and the ability of same to increase credit availability under the Senior Secured Financing Facility, the other components of the comprehensive financing package being sought by the Company for RP2.0 and to refinance the Company's existing secured debt facilities, including the status and anticipated timing with respect to such components. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to the Company's financing efforts, including that the Company may not enter into the Senior Secured Finance Facility on the terms contemplated by the Standard Bank credit approval, or at all; that the ECA-backed equipment finance facility, or other planned components of the comprehensive financing package being sought by the Company, will not be available on terms acceptable to the Company, or at all; that the Company's efforts to finance RP2.0 and refinance the existing secured debt prior to its maturity in September 2022 may ultimately prove unsuccessful; dependence on key personnel; labour pool constraints; labour disputes; increased operating and capital costs; foreign currency exchange rate fluctuations; operating in foreign jurisdictions with risk of changes to governmental regulation; compliance with governmental regulations; compliance with environmental laws and regulations; maintaining ongoing social license to operate; impact of climatic conditions on the Company's mining operations; limitations inherent in our insurance coverage; litigation; and other risks of the mining industry including, without limitation, other risks and uncertainties that are more fully described in the Company's annual information form, interim and annual audited consolidated financial statements and management's discussion and analysis of those statements, all of which are filed and available for review under the Company's profile on SEDAR at www.sedar.com . Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Trevali provides no assurance that forward-looking statements will prove to be accurate, as actual results and future events may differ from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

SOURCE Trevali Mining Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/03/c3818.html

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zinc metal

Zinc Price Update: H1 2022 in Review

Click here to read the previous zinc price update.

Zinc prices rose steadily last year as demand rebounded following the easing of COVID-19 restrictions and supply tightened on the back of the energy crisis.

The base metal performed in an upward trend during the first three months of 2022, hitting its highest point in the second quarter at the US$4,500 per metric ton (MT) mark.

With the first half of the year now over, the Investing News Network (INN) caught up with analysts, economists and experts alike to find out what’s ahead for zinc supply, demand and prices.

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