In the latest press release from the mineral resources and reserves company, several significant changes are observed in the reserves and resources across different categories. Here are some of the key changes in the gold, silver, copper, lead, zinc, nickel, cobalt, coal, and potash reserves and resources:
Gold Reserves: Cortez Principal Legacy Zone saw an increase in gold reserves from 100,000 ounces to 14,730,000 ounces. This represents a substantial increase of 14,630,000 ounces. Marigold saw an addition of 1,784,000 ounces to its gold reserves.
Silver Reserves: * Peñasquito Principal saw an increase in silver reserves from 150,800,000 ounces to 161,800,000 ounces, reflecting a rise of 11,000,000 ounces.
Copper Reserves: * Red Chris experienced a significant surge in copper reserves from 3,221 million pounds to 3,221 million pounds.
Lead Reserves: * Peñasquito Principal observed an increase in lead reserves from 1,009 million pounds to 1,143 million pounds.
Zinc Reserves: * Peñasquito Principal experienced an increase in zinc reserves from 2,563 million pounds to 2,324 million pounds.
Nickel Reserves: * Voisey's Bay saw an increase in nickel reserves from 644 million pounds to 644 million pounds.
Cobalt Reserves: * Voisey's Bay observed an increase in cobalt reserves from 34 million pounds to 41 million pounds.
Coal Reserves: * Skyline's coal reserves remained undisclosed.
Potash Reserves: * Allan's potash reserves experienced an increase from 16,782 thousand tons to 43,562 thousand tons.
Gold Resources: * Cortez Principal Legacy Zone observed an increase in gold resources from 5,360,000 ounces to 9,200,000 ounces.
This press release highlights the dynamic nature of mineral reserves and resources, with substantial changes observed across various categories. These changes are indicative of the company's ongoing exploration and development efforts. Today the company's shares have moved -1.1% to a price of $134.12. For more information, read the company's full 8-K submission here.
