Tamarack Valley Energy, “Production Ahead of Forecast”

Tamarack Valley Energy (TSX:TVE) has announced that due to exceptional 2018 drilling results, current production is ahead of forecast. As a result, the company will provide its second guidance increase for 2018. The company also announced that it will be added to the TSX Composite Index and its sub-indices effective September 24, 2018. As quoted from […]

Nouveau Monde Begins Graphite Production at Demonstration Plant

Nouveau Monde Graphite (TSXV:NOU) announced the successful mechanical commissioning of the wet circuit of its 3.5-ton-per-hour demonstration plant in Quebec. As quoted in the press release: Mechanical commissioning of the flotation circuit up to the filter press was completed during the week of September 3rd. Commissioning of the dry side of the demonstration plant including […]

Hemisphere Energy Notes Production Increase, Completes Drilling

Hemisphere Energy (TSXV:HME) has released an update on its recent field operations. The oil and gas producer also reports the successful completion of the drilling component of its 11 well summer program, of which 10 wells will be produced and one well used as a water injector. As quoted from the press release: Based on […]

Solid-state Battery Producer Raises US$20 Million to Scale Up Production

Colorado-based startup Solid Power has secured US$ 20 million in financing to complete a solid-state battery cells manufacturing facility, the company announced on Monday (September 10). Investors in the Series A funding include the venture capital units of Hyundai Motor (KRX:005380) and Solvay (EPA:SOLB) as well as A123 Systems, Sanoh Industrial (TSE:6584) and Samsung Venture […]

Beleave Signs Agreement to Acquire 250,000 Square Feet of Greenhouse Space and 85 Acres of Land to Expand its Production Capabilities

Beleave Inc. (CSE:BE) (“Beleave” or the “Company”) is pleased to announce it has finalized plans to acquire 250,000 square feet of greenhouse space and 85 acres of land in London, Ontario to cultivate and harvest cannabis for distribution and sale in Canada. Located just south of the City of London, the facility will become a contributor to the local […]

Extending Mine Life with Balanced Production and Resource Expansion

Producers are often asked by investors about the work being done to increase production — the idea being that the more product is sold the greater the profits. However, the decision to increase production must be measured, with a bigger focus on extending mine life.  Ramping up output can involve mill expansion, equipment and storage capacity upgrades as […]

5 Top Weekly TSX Stocks: Harte Gold Spikes Ahead of Production

The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened lower on Friday (August 31), down 17.58 points at open to 16,353.97. Despite a brief spike, the TSX continued its decline throughout the morning and sat at 16,334.37 at 11:58 a.m. EST. The early morning drop was a result of rising concerns that a NAFTA deal will not be […]

Alexco Approaching Production Decision for Keno Hill Silver District

Alexco Resource (TSX:AXR,NYSEAMERICAN:AXU) was once Canada’s only primary silver producer, churning the metal out at its Bellekeno mine in the Keno Hill Silver District. But times changed. The company shut Yukon-based Bellekeno down at the end of 2013 after nearly three years of production, citing a variety of factors, including low silver prices. Five years […]

Alexco Approaching Production Decision for Keno Hill Silver District

Alexco Resource (TSX:AXR,NYSEAMERICAN:AXU) was once Canada’s only primary silver producer, churning the metal out at its Bellekeno mine in the Keno Hill Silver District. But times changed. The company shut Yukon-based Bellekeno down at the end of 2013 after nearly three years of production, citing a variety of factors, including low silver prices. Five years […]

Consolidated Zinc Accelerates Production Timeline for Plomosas

Despite its original plans to begin production by 2019/2020, Consolidated Zinc (ASX:CZL) announced Friday (August 10) that its Plomosas zinc-lead–silver project in Mexico could be ready to go by the end of 2018. According to a press release, the results of recent mining and cost studies along with a review of the existing processing plant gave […]

Randgold Increases Profit and Production in Q2

Randgold Resources (LSE:RRS) has published its second-quarter results, showing a 6-percent increase in profit and a 9-percent increase in production compared to Q1. The London miner said Thursday (August 9) that it was able to produce 313,302 ounces of gold in Q2, up from the 286,890 ounces achieved in the previous quarter. Meanwhile, profit from […]

Freeport: “Significantly Lower” Copper Production from Grasberg

The Grasberg mine in Indonesia may be enjoying its last year as the world’s second-largest copper mine, with majority owner Freeport-McMoRan (NYSE:FCX) saying production will be “significantly lower” over the next two years as it transitions to underground mining. In its quarterly report, released last month, guidance shows that copper production could fall as much as 300,000 […]

Greenfields Offers Production Update, Secures Loan Extension

Greenfields Petroleum Corporation (TSXV:GNF), announced that it has reached a deal to extend the maturity of certain loan agreements until December 31, 2018. The additional loan agreements, contracted in September 2016 with a consortium of lenders, consist of principal of US$ 3.025 million and bear interest at the rate of 12 percent per annum. Greenfields […]

Tanzanian’s Updated PFS Increases Production Potential at Buckreef

Tanzanian Royalty Exploration (TSX:TNX,NYSEAMERICAN:TRX) has updated the prefeasibility study (PFS) for its Buckreef gold mine project, revealing that it could potentially support a 1.5-million-tonne-a-year mine for 16 years, the company announced on Monday (July 30).   The company filed for an amended PFS for its Buckreef gold mine project this week, as a replacement to its […]

Excellon’s Silver Production Up 120 Percent in Q2

Mexico-focused Excellon Resources’ (TSX:EXN,OTC:EXLLF) second quarter silver equivalent production jumped 120 percent year-on-year, with output reaching 637,205 ounces compared to 289,566 ounces this time last year, the company reported on Monday (July 30). The company also noted that its sales increased from 249,733 ounces of silver equivalent to 568,370 ounces, boosting revenue by 177 percent […]

South Deep Production Declines Amid South Africa’s Gold Dip

The Deep South mine that was built to target the world’s second-biggest known body of gold–bearing ore and slow South Africa’s gold decline has yet to yield results and it’s losing money for owner Gold Fields (NYSE:GFI). As reported by Bloomberg on Monday (July 30), the deposit has the potential to produce gold for the […]

Red River Resources Reports Record Production at West 45

Red River Resources (ASX:RVR) has released their quarterly production report for the June quarter. The company has detailed quarterly highlights including record production at West 45 at 85,000 tonnes grading 0.3 percent copper, 1.9 percent lead and 4.3 perent zinc mined during the period, an increase of 29 percent from the previous quarter. Additionally the […]

Fresnillo’s Silver Production Rises in Q2

The world’s largest silver producer Fresnillo’s (LSE:FRES) second quarter silver production jumped 5.7 percent year-on-year and 1.6 quarter-on-quarter, thanks to higher volume of ore processed at Saucito and the higher grades at Ciénega and San Julián mines, the company reported on Wednesday (July 25). The Mexican-based company currently has seven mines in operation, which has […]

Aeroponics Could Revolutionize Both Cannabis and Food Production

Aeroponic growing methods are gaining steam in the agricultural world, and that’s a positive development for more than one industry. Usable farmland around the world is increasingly being lost as environmental factors render it unusable, or the land is simply used for purposes other than agriculture. At the same time, concerns about water and energy […]

Orvana Reveals Q3 2018 Production Results

Orvana Minerals Corp. (TSX:ORV) provided production results for its Spanish and Bolivian operations for the third quarter of fiscal 2018, featuring consolidated gold production of 26,761 ounces, an 8 percent increase in production compared to the previous quarter. Highlights are as follows: Q3 2018 Highlights El Valle Mine (Spain): Gold production  increased by 11 percent […]

First Majestic Silver Sets Production Record in Q2

First Majestic Silver (TSX:FR,NYSE:AG) set a record in Q2, with total production from its seven operating silver mines reaching 5.1 million silver equivalent ounces, the company announced on Monday (July 16). Total production for the period consisted of 2.8 million ounces of silver, 25,449 ounces of gold, 3.9 million pounds of lead and 1.4 million […]

CROP Infrastructure JV Partner “Xhemplar Italia” Increases Production to 25 acres, A 100% Increase In Their Previously Announced Capacity

CROP Infrastructure Corp. (CSE:CROP, OTC:CRXPF) was spotlighted on a FinancialBuzz.com News Commentary in light of the recent nationwide legalization of cannabis for recreational use in Canada on June 19th, 2018. The article talks about a significant increase in medical and recreational cannabis product sales, a 50% increase compared to 2017. The industry expects to surpass […]

Amerigo Reports Q2-2018 Production Results

Amerigo Resources (TSX:ARG) announced today (July 11) production results for Q2-2018 from Minera Valle Central (MVC), the company’s operation located near Rancagua, Chile. According to Amerigo, the company produced 14.7 million pounds of copper at a cash cost of US$ 1.71 per pound. Molybdenum production was 0.4 million pounds. President and CEO of Amerigo, Rob […]

Anaconda Mining Releases Q2 Production Results

Anaconda Mining Inc. (TSX:ANX) announced production results and certain financial information from the three and six months ended June 30, 2018. Highlights are as follows: Q2 2018 Highlights Anaconda sold 4,330 ounces of gold in Q2 2018, generating metal revenue of US$ 7.4 million at an average realized gold price of US$ 1,695 per ounce. As at June 30, 2018, […]

Trevali Announces Dates for Q2-2018 Preliminary Production and Financial Results

Trevali Mining Corporation (“Trevali” or the “Company”) (TSX:TV) (BVL:TV) (OTCQX:TREVF) (Frankfurt:4TI) announces it plans to release its second quarter (“Q2”) 2018 preliminary production results following the Toronto Stock Exchange market close on Wednesday, July 18, 2018. Additionally, the Q2-2018 financial results will be released following TSX market close on Wednesday, August 8, 2018. The Company will […]

Perseus Mining’s Gold Production Surges in Q2

Perseus Mining’s (TSX:PRU, ASX:PRU) gold production soared in the second quarter with a record output of 83,881 ounces amounting in a 31 percent increase from Q1, the company announced on Thursday (July 5). Of the 83,881 ounces, 57,861 of them came from the Edikan gold mine in Ghana and 26,020 ounces was produced at the […]