Vancouver, Kelowna, Delta, BC – August 4, 2022 (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.
Listen to the podcast:
Exploring Mining Podcast 292 – News from (NYSE: HL) (NYSE: AG) (NYSE: CDE) (NYSE: IAG)
Listen to Exploring Mining podcast on iTunes Apple podcasts
Listen to Exploring Mining on Spotify
Hecla Mining Company (NYSE:HL) has posted its second quarter 2022 financial and operating results. Highlights include silver and gold production of 3.6 million and 45,719 ounces respectively, and $191.2 million in sales. Phillips S. Baker Jr., the company’s President & CEO, commented:
“While we are exposed to inflationary pressures like the rest of the industry, our silver mines have largely been able to offset inflation with by-product credits. For the second half of the year with our strong balance sheet, we plan to increase our investment in operations with the goal of further accelerating production, earnings and cash flow growth.”
First Majestic Silver Corp. (NYSE:AG) has shared its unaudited interim consolidated financial results for the second quarter ended June 30, 2022. Highlights include the production of 7.7 million silver equivalent ounces, quarterly revenues of $159.4 million, and mine operating earnings of $11.6 million. The company’s President and CEO, Keith Neumeyer, said:
“Throughout the second quarter, the silver price continued to experience significant volatility, declining approximately 20% from $25 to $20. As a result of this weakness, the Company refocused and successfully reduced its 2022 capital investments without impacting its strong growth in projected production. In Mexico, our three operations generated healthy profit margins as approximately 80% of our total production came in at a low AISC cost of $15.34 per ounce. In addition, we expect consolidated AISC to continue to trend lower throughout the next two quarters as production ramps up at Santa Elena and Jerritt Canyon, as well as other inflationary cost saving measures are achieved.”
Coeur Mining Inc. (NYSE:CDE) has reported its second quarter 2022 financial results. This includes revenue of $204 million and cash flow from operating activities of $23 million. The company also increased gold and silver production during the quarter. Mitchell J. Krebs, President and CEO of Coeur, said:
“Our second quarter results demonstrate the resilience of Coeur’s multi-asset mine portfolio. Despite weaker gold and silver prices, Company-wide revenue increased 8% versus the prior quarter due to higher production levels from our Kensington, Wharf and Rochester operations. With continued expected production growth during the second half of the year, we remain on track to achieve our 2022 production guidance for gold and silver.”
IAMGOLD Corporation (NYSE:IAG) has reported its financial and operating results for the second quarter ended June 30, 2022. Highlights include attributable gold production of 170,000 ounces – 344,000 ounces year to date, and an EBITDA of $101.4 million – $236.3 million YTD. Maryse Belanger, Chair and Interim President and CEO of IAMGOLD, said:
“In the current inflationary environment, it is essential to mitigate the impact of rising costs through diligent focus on operations and productivity initiatives. Every gold ounce produced has to be done safely, and we applaud our teams for their continued commitment to Zero Harm and the Cote construction team for achieving the milestone of 5.7 million hours with no lost time injuries to date.”
The Investorideas.com podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.
Visit the Podcast page at Investorideas.com:
Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp
About Investorideas.com – News that Inspires Big Investing Ideas
Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Contact Investorideas.com to be a guest or sponsor this podcast
Donate to support great investing content available to everyone