PureGold postpones guidance, announces strategic review kitconews gold silver finance mining economics metals investing
Pure Gold Mining said today it is postponing guidance until August to better forecast the mine's near-term production.Mark O’Dea, President & CEO of PureGold, said he is committed to the mine being cash-flow positive this year. In April O'Dea took over as interim CEO to implement a business turnaround.
“We have initiated a strategic review process to explore potential alternatives for maximizing shareholder value and generating the financial strength to allow the PureGold Mine to achieve its potential," said O’Dea."We remain focused on achieving positive site-level cash flow by Q3 2022, and delivering an updated NI 43-101 Technical Report and Life of Mine plan by Q4 2022.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ongoing labour disruptions delay planned closure of QueenswayA planned closure of the Queensway for a bridge replacement has been postponed.
Read more »
Planned closure of Queensway delayed due to ongoing labour disruptionsA planned closure of the Queensway for a bridge replacement has been postponed.
Read more »
Tories seek legal guidance in response to Patrick Brown appeal requestThe Conservatives are trying to figure out whether it’s possible to hold an appeal in the case of Patrick Brown, who was expelled from the race for ‘serious allegations of wrongdoing’
Read more »
Air Canada and Emirates sign strategic partnership, plan code-share deal - BNN BloombergAir Canada and Emirates have signed a strategic partnership agreement and plan to establish a code-share relationship later this year.
Read more »
Air Canada and Emirates sign strategic partnership, plan code-share dealMONTREAL — Air Canada and Emirates have signed a strategic partnership agreement and plan to establish a code-share relationship later this year. The airlines say the deal will create more options for customers when travelling on their networks. They say the code-share deal will offer improved choices for Air Canada customers for travel to the United Arab Emirates and to destinations beyond Dubai. Emirates customers will see an improved travel experience when travelling to Toronto and other key
Read more »
Replacement of Highway 417 bridge at Booth Street postponed due to labour issueOntario’s Ministry of Transportation is confirming that a planned closure of Highway 417 in Ottawa this week has been postponed. ottnews otttraffic
Read more »