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   Gold/Mining/EnergyBarrick Gold (ABX)


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From: Savant3/22/2017 1:52:55 PM
   of 3558
 
Successful Debt Reduction Efforts To Stand Barrick In Good Stead Amid Subdued Gold Pricing Environment

1:04 PM ET 3/21/17 | TREFIS
Barrick Gold hasdelivered on its debtreduction targets for 2016, following on from another successful year of debt reduction in 2015. The company managed to lower its net debt by roughly$2 billion over the course of 2016, as promised by the management last year, following on from around $3 billion worth of debt reduction in 2015.



Given thedecline in gold prices from 2013 to 2015, the company management made debt reduction a priority,besides endeavoring to lower operating costs.Using the proceeds of a number of non-core asset sales and cash flows from operations, the company managed to accomplish the aforementioned debt reduction objectives. In addition to lowering debt, the sale of high-cost non-core mines helped lower Barrick’s average operating costs as well. Through a combination of asset sales and operational improvements, Barrick has managed to considerably lower its all-in sustaining costs (AISC) metric, which represents the overall costs required to sustain ongoing mining operations.



The success of Barrick debt and cost reduction efforts has prompted us to revise the company’s price estimate to $18.29. Lower debt levels and an improved AISC metric will certainly stand the company in good stead, given thatgold pricesare likely to average lower this year, as compared to last year. Strengthening economic conditions in the U.S. and the likelihood of more interest rate hikes by the Fed later this year are likely to weigh ongold prices. Thus, Barrick Gold has made the right moves to counteract the negative impact of lower gold prices.

Have more questions about Barrick Gold? See the links below.

  • Why Barrick’s Gold Production Declined In 2016
  • Gold Prices To Average Lower This Year As Fed Maintains Interest Rate Hike Outlook
Notes:

1) The purpose of these analyses is to help readers focuson a few important things.We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precisefigures, please referto our complete analysis for Barrick Gold
See More at Trefis | View Interactive Institutional Research (Powered by Trefis)

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BARRICK GOLD'S IMPROVED 5-YEAR OUTLOOK LEADS TO UPGRADE

11:00 AM ET 3/16/17 | S&P Capital IQ

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Stephen Walker of RBC CapitalupgradedBarrick Gold Corp (USA) (NYSE: ABX) to Outperform from Sector Perform as he expects shares to benefit from strong FCF generation in 2017 and 2018, enabling the company to pay down its debt and advance organic growth projects. Walker sees gold production of 5.7 Moz at AISC of $722/oz in 2017 (prev. 5.2 Moz at $754/oz), then the expected step down to 5.1 Moz at AISC of $733/oz in 2018 and 4.6M oz longer term. Meanwhile, Barrick Goldexpects to produce at least 4.5 Moz/year through 2021 and targets sub-$700/oz AISC by 2020, versus RBC's conservative estimate of about $750/oz. "With a production decline discounted into the share price, we believe Barrick can more effectively create shareholder value with production below 5Moz," Walker wrote in a note. Given near-term improvement in production, the analyst projects sufficient operating cash flow at $1,100/oz gold for Barrick to fund its planned capital spending program and reduce their debt by $2.9 billion, to the $5 billion target by YE2018. Further, a stronger balance sheet reduces need for non-core asset sales. In fact, the market anticipates Barrick focus on internal development projects that meet its return hurdles, rather than seek external M&A opportunities. At last check, shares of Barrick Gold were up 0.79 percent to $19.17. The analyst raised his price target to $23 from $19. Related: Forget About Gold And Silver; Rhodium Is One Hot Commodity 10 Stocks To Watch For March 16, 2017 View More Analyst Ratings for ABXView the Latest Analyst Ratings Write to editorial@benzinga.com with any questions about this content. Subscribe to Benzinga Pro: pro.benzinga.com 2015 Benzinga Newswires. Benzinga does not provide investment advice. All rights reserved. Acquire Media

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From: Savant3/27/2017 2:58:30 PM
   of 3558
 
Osisko Closes Exploration Earn-In Agreement With Barrick on Kan

undefined undefined | Marketwired
MONTRÉAL, QUÉBEC--(Marketwired - March 27, 2017) - Osisko Mining Inc. (TSX:OSK) ("Osisko") is pleased to announce, further to its press release issued on January 10, 2017, that it has entered into and commenced an earn-in agreement with Barrick Gold Corporation (TSX:ABX)(NYSE:ABX) ("Barrick") in respect of an exploration earn-in (the "Exploration Earn-In") on the Kan property located in northern Québec ("Kan Property"). See below under the heading "About the Kan Property".

Under the Exploration Earn-In, Barrick must commit $15 million in work expenditures on or prior to December 31, 2020 to earn a 70% interest in the Kan Property, subject to certain annual work expenditure thresholds, including a guaranteed expenditure threshold of $6 million on or prior to December 31, 2018. Following the completion of the Exploration Earn-In, the Kan Property will be transferred to a new joint venture entity to be owned 30% by Osisko and 70% by Barrick. Osisko and Barrick will then enter into a joint venture agreement in respect of the Kan Property. In addition, Barrick may earn a further 5% interest in the joint venture entity (for a total interest of 75%) by electing to fund an additional $5 million of project level expenditures (such as a preliminary economic assessment or pre-feasibility study).

Qualified Person

The scientific and technical content of this news release has been reviewed, prepared and approved by Mr. Mathieu Savard, P.Geo. Vice President Exploration Québec, who is a "qualified person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About the Kan Property

The Kan Property is located in the Nunavik Territory in northern Québec. The property is a large gold and base-metal exploration project covering a surface area of over 30,000 hectares in the Labrador Trough, 85 kilometres southwest of Kuujjuaq. A silicate-carbonate iron formation of regional extent represents a significant auriferous unit on the property sharing similarities with the world-class Homestake gold deposit. Historical work conducted in the 1990's led to the discovery of numerous gold showings within the iron formation, with drill results returning 5.1 g/t Au over 6 metres (Ferricrete Showing) and 9.46 g/t Au over 2 metres (Kan Showing). Work carried out by Rio Silver Inc. in 2011-2012 yielded 3.12 g/t Au over 13.9 metres in channels and 1.2 g/t Au over 10.4 metres in drilling on the Pump Pad Ridge showing. Exploration work performed in 2014-2016 by Virginia Mines Inc. (subsequently Osisko Exploration James Bay) led to the discovery of additional gold mineralization associated with the silicate-carbonate iron formation on the Kan Property. Best results from this work include values of: 8.1 g/t Au over 7 metres (Pump Pad Ridge showing); 10.7 g/t Au over 5 metres (Winchester showing); and 8.6 g/t Au over 3.2 metres (KTR showing) obtained from channels; and values of 2.13 g/t Au over 8 metres and 4.62 g/t over 8 metres obtained from drilling (Winchester-Pump-Pad Ridge).

About Osisko Mining Inc.

Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada. Osisko holds a 100% in the high-grade Windfall Lake gold deposit located between Val-d'Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry and Lebel-sur-Quévillon areas, a 100% interest in the Marban project located in the heart of Québec's prolific Abitibi gold mining district, and properties in Ontario, including the Jonpol and Garrcon deposits on the Garrison property. Osisko continues to be well financed with approximately $190 million in cash and investments. Osisko Gold Royalties Ltd. (TSX:OR)(NYSE:OR) is a significant shareholder of the Corporation with approximately 14% ownership.

Cautionary Note Regarding Forward-Looking Information

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From: stocker224/23/2018 6:27:38 PM
   of 3558
 
Barrick Gold's (ABX) Numbers Revealed

crweworld.com

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From: Azusa12/19/2018 6:47:12 AM
   of 3558
 
Itronics Inc. - stock symbol (ITRO) is recognized for saving the Truckee River and Pyramid Lake in Northern Nevada by developing “Zero Waste” technologies. One of the first awarded “International Green Heroes”. Itronics for or over 30 years is utilizing science and engineering to create and commercialize recycling, mineral, and nutrient technologies.



Itronics possesses three breakthrough technologies (1) in photographic waste recycling (2) E-waste (Electronic Waste) recycling and (3) Reprocessed Mining Tailings with “Zero Waste”.



These breakthrough technologies are able to completely recycle the waste stream and end up with a useful final product to bring back into the community. Itronics has teamed up with organizations such as Disability Resources / New2U Computers to employ people with disabilities and give them opportunities to succeed.



Itronics operates a 35,000 square foot plant in Reno, NV, which is currently in a scale up phase to drastically increase production levels. Itronics recently acquired a second large factory in Wabuska, NV, consisting of a 60,000 square foot plant with 48 acres and rail car access.



The following link is to a segment done on Itronics by KOLO8 News: youtube.com :



If you would like to learn more about Itronics and their breakthrough technologies that are helping create a world with zero waste, visit their website at www.itronics.com, send an email to investor@itronics.com or call in at 775-689-7696.

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From: Azusa1/2/2019 5:48:51 AM
   of 3558
 
Itronics Inc. - stock symbol (ITRO) is recognized for saving the Truckee River and Pyramid Lake in Northern Nevada by developing “Zero Waste” technologies. One of the first awarded “International Green Heroes”. Itronics for or over 30 years is utilizing science and engineering to create and commercialize recycling, mineral, and nutrient technologies.



Itronics possesses three breakthrough technologies (1) in photographic waste recycling (2) E-waste (Electronic Waste) recycling and (3) Reprocessed Mining Tailings with “Zero Waste”.



These breakthrough technologies are able to completely recycle the waste stream and end up with a useful final product to bring back into the community. Itronics has teamed up with organizations such as Disability Resources / New2U Computers to employ people with disabilities and give them opportunities to succeed.



Itronics operates a 35,000 square foot plant in Reno, NV, which is currently in a scale up phase to drastically increase production levels. Itronics recently acquired a second large factory in Wabuska, NV, consisting of a 60,000 square foot plant with 48 acres and rail car access.



The following link is to a segment done on Itronics by KOLO8 News: https://www.youtube.com/watch?v=tYG0CIPEy1o



If you would like to learn more about Itronics and their breakthrough technologies that are helping create a world with zero waste, visit their website at www.itronics.com, send an email to investor@itronics.com or call in at 775-689-7696.


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From: Azusa1/16/2019 4:27:31 AM
   of 3558
 
Itronics Inc. - stock symbol (ITRO) is recognized for saving the Truckee River and Pyramid Lake in Northern Nevada by developing “Zero Waste” technologies. One of the first awarded “International Green Heroes”. Itronics for or over 30 years is utilizing science and engineering to create and commercialize recycling, mineral, and nutrient technologies.



Itronics possesses three breakthrough technologies (1) in photographic waste recycling (2) E-waste (Electronic Waste) recycling and (3) Reprocessed Mining Tailings with “Zero Waste”.



These breakthrough technologies are able to completely recycle the waste stream and end up with a useful final product to bring back into the community. Itronics has teamed up with organizations such as Disability Resources / New2U Computers to employ people with disabilities and give them opportunities to succeed.



Itronics operates a 35,000 square foot plant in Reno, NV, which is currently in a scale up phase to drastically increase production levels. Itronics recently acquired a second large factory in Wabuska, NV, consisting of a 60,000 square foot plant with 48 acres and rail car access.



The following link is to a segment done on Itronics by KOLO8 News: https://www.youtube.com/watch?v=tYG0CIPEy1o



If you would like to learn more about Itronics and their breakthrough technologies that are helping create a world with zero waste, visit their website at www.itronics.com, send an email to investor@itronics.com or call in at 775-689-7696.


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From: Azusa1/31/2019 4:45:02 AM
   of 3558
 
"Recycling Today” Details Itronics’ Successes, Future Plans

Itronics Inc. (OTC:ITRO) and its President John Whitney have always envisioned a clean, waste-free planet. Over the years, they’ve translated that vision into innovative, practical and money-making applications.

Whitney is best known for inventing a method for separating silver and other precious metals from spent photographic liquid. Itronics uses the demetallized fluid to make micronutrient-rich fertilizers at its Reno, Nevada, plant, while the metals are turned into bullion and sold to refineries. Additionally, the glass slag produced in Itronics’ refining process can be used to manufacture commercial products, such as decorative tile.

Itronics is not standing still. Within the last four years, the Company has developed a way to reclaim precious metals—including gold, silver and palladium—as well as copper and tin—from discarded computer circuit boards. It has simply added the e-scrap as infeed material for its refinery process.

In that process, silver is not only recovered from photographic waste, but its chemical makeup allows it to soak up metals from circuit boards during furnace refining. The metals then become ingredients in the Company’s bullion.

Because of this e-scrap breakthrough, Itronics is buying more furnaces to ramp up bullion production and will eventually bring in larger furnaces. Whitney has even modified a furnace so that it burns latent heat energy from carbon in circuit boards, reducing outside energy needed to power the furnace by more than 50 percent.

For that furnace innovation, Whitney and Itronics won an award from NV Energy, a Nevada public power company.



"Recycling Today” Details Itronics’ Successes, Future Plans

RENO, Nev., Jan. 29, 2019 (GLOBE NEWSWIRE) -- The following news release includes portions of an article appearing in “Recycling Today,” the premium publication in this sector. The entire article is available at:

http://magazine.recyclingtoday.com/article/january-2019-scrap-metals-supplement/itronics-precious-metals-recovery-profile.aspx



If you would like to learn more about Itronics and their breakthrough technologies that are helping create a world with zero waste, visit their website at www.itronics.com, send an email to investor@itronics.com or call in at 775-689-7696.


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From: Azusa2/12/2019 4:56:45 AM
   of 3558
 
Itronics 2009 Limited Edition of Its Popular Collectible 5-Troy Ounce Silver Nevada Miner Bars Now Available

Brought Back Due to Increasing Requests from Collectors and Investors

RENO, Nev., Feb. 05, 2019 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO), an “Innovative Zero Waste” Technology Company that produces GOLD’n GRO fertilizers and silver products, today reported that its popular 2009 Limited Edition Silver Nevada Miner bars, an excellent collectible and a souvenir of the Silver State, are now available through its subsidiary, Itronics Metallurgical, Inc. Order by calling Itronics Metallurgical, Inc. at 1-800-368-1865.

“The 99.9 percent pure, 5-troy ounce silver bar is one of the most attractive being manufactured and marketed in the United States today and is a unique and beautiful collectible,” said Dr. John Whitney, Itronics President. Itronics Metallurgical began offering these yearly dated bars in 2001. Production was discontinued in 2008, but many collectors have requested that they be brought into production and the series continued. Many people collected each year and a small trading market exists on E-Bay. Itronics plans to complete the series to the present and then to continue for the indefinite future.

Production of the Silver Nevada Miner Bars was discontinued in 2009 due to extreme volatility in silver prices. Silver prices have now stabilized at much lower levels. “In 2018 we have received so many requests from collectors that we made the decision to continue the bar series with the 2009 bar and moving forward to the current year,” said Dr. Whitney. “We plan to produce 1000 bars for each of the past years. When the 2009’s are sold out we will produce the 2010 bars and continue to the present until they are caught up. The limited numbers being produced and sold should ensure continuing value for collectors.”

The Silver Nevada Miner bar was created to commemorate the long and eventful silver mining history of Nevada and is an excellent souvenir of Nevada, which is known as the “Silver State.” The bars are 2 3/8 inches by 1 3/8 inches and ¼ inch thick. Each contains exactly 5-troy ounces of pure silver. The bars are “proof quality” and include a year-stamp authenticating the limited edition.

The top surface of the bar is engraved with an authentic reproduction of a miner in one of the famous “square-set stopes” of the Comstock Silver Mines at Virginia City, Nevada, in the mid-1860’s. The bars are beautifully crafted making them an excellent gift item.

About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is an “Innovative Zero Waste” Technology Company which produces GOLD’n GRO specialty liquid fertilizers, silver bullion, and silver-bearing glass. The Company’s goal is to achieve profitable green technology driven organic growth in specialty GOLD’n GRO fertilizers, silver, zinc, and minerals. The Company’s technologies maximize





the recovery and uses of metals and minerals and by doing this maximize

sustainability.

Through its subsidiary, Itronics Metallurgical, Inc., Itronics is the only company with a fully permitted “Beneficial Use Photochemical, Silver, and Water Recycling” plant in the United States that converts 100 percent of the spent photoliquids into GOLD’n GRO liquid fertilizers, silver bullion, and silver bearing glass. This is internationally recognized award winning “Zero Waste” Technology. The Company is developing a portfolio of environmentally beneficial “Zero waste” processing and mining technologies. Itronics has received numerous domestic and international awards that recognize its ability to successfully use chemical science and engineering to create and implement new environmentally green recycling and fertilizer technologies.

The Company's environmentally friendly award winning GOLD'n GRO liquid fertilizers, which are extensively used in agriculture, can be used for lawns and houseplants, and are available at the Company's "e-store" on Amazon.Com. Due to expanded retail customer interest, GOLD'n GRO fertilizer may now be purchased in Reno, Nevada at the "Buy Nevada First Gift Shop" at 4001 S. Virginia St.

Follow Itronics on Facebook: facebook.com
Follow Itronics on Twitter: https://twitter.com/itronicsinc



The following link is to a segment done on Itronics by KOLO8 News: https://www.youtube.com/watch?v=tYG0CIPEy1o

* * * * * * * * * *

VISIT OUR WEB SITE: itronics.com

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From: SI Ron (Soup Nazi)2/22/2019 1:16:11 PM
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From: Azusa3/18/2019 12:23:59 AM
   of 3558
 


Itronics Discovers Strong Evidence Of A Tertiary Polymetallic Low Sulfidation Gold System At Its Auric Fulstone Gold Silver Zinc Copper Project

RENO, Nevada, March 05, 2019 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO) an “Innovative Zero Waste” technology company that produces GOLD’n GRO fertilizers, and silver products, today reported that its subsidiary Whitney & Whitney, Inc. has identified strong evidence for a Tertiary polymetallic low sulfidation gold system at the Auric Gold & Minerals, Inc. Fulstone Gold Silver Zinc Copper exploration project in the Yerington Mining District in northwestern Nevada.

The newly identified mineralization is in a valley which is being named “The Golden Valley Prospect”. The Golden Valley Prospect samples are indicating strong gold mineralization accompanied by anomalous silver, zinc, and copper. There is a zone of anomalous gold, silver, and zinc mineralization about 1,000 feet to the north of Golden Valley that is about 1,000 feet by 600 feet in area and a zone of intensely bleached and altered rock about 500 feet east of Golden Valley that is about 1,000 feet by 2,000 feet in area. Both of these zones are believed to be associated with the newly discovered mineralization in Golden Valley and are potentially all part of the newly identified mineralization as described below.

The Golden Valley Prospect is the third gold occurrence to be identified in the Buckskin Range and is the second surface occurrence. The first is a high grade gold-copper surface vein system at the Buckskin Mine about six miles to the south that was discovered in the early 1900’s. The second is a deep high grade copper-gold system about 3 miles to the south that was discovered by Anaconda Copper in the early 1970’s, but that was not developed.

Field examination of a Landsat color anomaly in Golden Valley on which a significantly anomalous gold-in-soil sample was taken revealed a strongly clay-altered and heavily limonite-stained intrusive andesite porphyry subcrop-probably a leached cap, which is so strongly jointed as to appear shattered- adjacent to weakly-stained calc-siltstone. A part of this color anomaly was tested with two traverses of soil-plus-rock samples. The traverses were comprised of 50 foot spaced samples on a 350 foot long Northeast-Southwesterly line, and on a 400 foot long Northwesterly-Southeasterly line, including rock/soil sampling, in the fall of 2018.

Multi-element analyses of 17 follow-up soil plus rock Golden Valley samples indicate that all “grab” samples of the andesite porphyry leached cap and calc-siltstone are anomalous geochemically in gold, silver, zinc, copper, and gold-pathfinder/indicator elements, and potassic clay alteration. All samples showed ppm-detectable gold- with two adjacent samples on altered porphyry showing 14.05 ppm and 0.15 ppm gold. An additional 14 altered porphyry samples and one siltstone sample assayed from 0.006 ppm to 0.058 ppm gold and averaged 0.022 ppm gold. In addition to the gold assays, average values for several gold pathfinder elements indicate an epithermal, low-sulfidation, polymetallic gold system.



>>> For full article pls CLICK HERE >: http://itronics.com/030519.shtml

Follow Itronics on Facebook: facebook.com
Follow Itronics on Twitter: twitter.com

VISIT OUR WEB SITE: itronics.com

The following link is to a segment done on Itronics by KOLO8 News: https://www.youtube.com/watch?v=tYG0CIPEy1o







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