Vancouver, Kelowna, Delta, BC – February 22, 2023 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV, CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO’s and leading experts.
Exploring Mining has been selected by Feedspot panelist as one of the Top 25 Mining Podcasts on the web.
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Exploring Mining Podcast 330 – News from Mining Stocks (TSXV: DEFN) (OTCQB: DFMTF) (NYSE: RIO) (NYSE: WPM) (NYSE: HL)
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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced that construction of the hydrometallurgical pilot plant has started and commissioning is scheduled to start in the second half of March. Craig Taylor, the company’s CEO, explained:
“We are excited to enter this important milestone of building and running the hydrometallurgical pilot plant, which is scheduled to be commissioned in late March. Pilot operations will be done in two segments and should be completed by the end of April. A successful pilot plant program will be essential for the completion of the engineering design and economics of the planned pre-feasibility study.”
Rio Tinto Group (NYSE:RIO) has partnered with BMW Group in an effort to develop “more responsible, sustainable, traceable and secure supply chains.” This will see Rio Tinto provide responsibly sourced aluminium to the BMW Group’s vehicle production plant in Spartanburg, South Carolina, for use in body components from 2024. Alf Barrios, Rio Tinto’s Chief Commercial Officer, said:
“Rio Tinto’s world-leading position in responsible aluminium production means we can offer innovative solutions to our customers on their decarbonisation journey toward net zero. As global demand for responsibly sourced materials continues to grow, automakers are increasingly looking to partner with suppliers who share their commitment to traceability and sustainability. Rio Tinto is proud to play a role in helping to drive a greener future in the premium car industry through this partnership with the BMW Group and we look forward to deepening our ties with the automotive industry in the years ahead.”
Wheaton Precious Metals Corp. (NYSE:WPM) has reported its production and sales results for 2022. Highlights include the production of 286,985 ounces of gold, 23.9 million ounces of silver, and sales of 293,234 ounces of gold, and 21.5 million ounces of silver. Randy Smallwood, the company’s President and CEO, said:
“Wheaton delivered solid production results at the low end of guidance despite facing a number of headwinds in 2022. In addition, we took steps to optimize our portfolio as part of our responsibility to manage our existing assets and to ensure we are well positioned for a period of prolonged growth.”
Hecla Mining Company (NYSE:HL) has entered into a multi-year agreement with Mine Vision Systems (MVS), which will see the introduction of the latter’s FaceCapture mapping system (FaceCapture) into two of Hecla’s mines in North America. Matt Blattman, Hecla’s Corporate Director of Technical Services, said:
“Our production, productivity and safety objectives are directly affected by multiple decisions we make at the mine face every day. FaceCapture will allow us to process high quality 3D mine face data in real-time, permitting our team to make critical production decisions and with reduced exposure at the mine face.”
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