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Osisko Development Appoints Susan Craig to Board of Directors as Independent Director
Globenewswire· 2025-06-16 21:00
Company Overview - Osisko Development Corp. is a North American gold development company focused on past-producing mining camps in mining-friendly jurisdictions with district-scale potential [5] - The company's objective is to become an intermediate gold producer by advancing its flagship Cariboo Gold Project in central British Columbia, Canada [5] - The project pipeline includes the Tintic Project in Utah, U.S.A., and the San Antonio Gold Project in Sonora, Mexico, both of which have significant exploration potential and access to existing infrastructure [5] Appointment of New Director - Ms. Susan Craig has been appointed as an independent director to the board of Osisko Development effective immediately [1] - Her experience includes over 35 years in the mining industry, focusing on regulatory, environmental, social, Indigenous, and community relations [2][4] - Craig's leadership in navigating high-profile projects through regulatory frameworks aligns with the company's values and strategic direction [2] Experience and Contributions - Ms. Craig has played a pivotal role in advancing projects through complex environmental assessment processes, including the 2004 EA process for NovaGold's Galore Creek project [3] - She has established landmark agreements with Indigenous nations and has been involved in socio-economic accords in Canada [3] - Craig has held senior leadership roles and has served on various boards, including the Yukon Energy Corporation and the Mining Association of BC [4] Recognition and Awards - Ms. Craig has received multiple industry awards for her leadership in sustainable development, including the 2017 Canadian Women in Mining Trailblazer Award [4] - She is recognized as a longstanding advocate for responsible mining practices [4]
Silvercorp Files Form 40-F Annual Report
Prnewswire· 2025-06-05 21:30
Core Viewpoint - Silvercorp Metals Inc. has filed its fiscal 2025 annual report on Form 40-F with the U.S. Securities and Exchange Commission, which includes audited financial statements and management's discussion [1][2] Company Overview - Silvercorp is a Canadian mining company engaged in the production of silver, gold, lead, and zinc, with a strong history of profitability and growth potential [3] - The company's strategy focuses on generating free cash flow from long-life mines, organic growth through extensive drilling, ongoing merger and acquisition efforts, and a long-term commitment to responsible mining and ESG [3]
Calibre Releases 2024 Sustainability Report, Reaffirming Commitment to Responsible Growth and Stakeholder Value
Globenewswire· 2025-05-20 10:30
Core Insights - Calibre Mining Corp. published its fifth annual Sustainability Report, showcasing strong economic performance and commitment to responsible mining practices [1][2] - The year 2024 was transformative for the company, marked by the development of the Valentine Gold Mine and a merger with Equinox Gold, emphasizing sustainability as a strategic priority [2][10] - The company aims to create lasting value for stakeholders through ethical practices and operational excellence [2][3] Environmental Stewardship - Calibre produced 164,355 trees for reforestation and carbon sequestration in Nicaragua [7] - The company prevented the use of 7.42 tonnes of mercury through its Artisanal and Small-scale Miners Ore Purchase Program [7] - A significant environmental incident was reported, leading to enhancements in management systems [7] Social Responsibility - Calibre distributed US$897 million in economic value across its sites, investing US$4.19 million in community development projects focused on education, health, and infrastructure [7] - The company supported 1,133 direct jobs, with 95% of the workforce being national and 82% from local communities [7] - Calibre resolved 93% of community grievances, with a renewed focus on response times and stakeholder engagement [7] Governance and Ethics - The company conducted a Human Rights Impact Assessment at the Eastern Borosi Mine, ensuring all operations in Nicaragua were assessed within the past three years [7] - Calibre achieved its fourth year of conformance with the World Gold Council's Responsible Gold Mining Principles [7] - The company improved its ESG risk ratings, with MSCI ESG upgraded to "A" and Sustainalytics score improved to 29.0, indicating medium risk [7] Financial and Investor Performance - Calibre generated US$586 million in revenue, driven by strong operational performance across all sites [7] - The company's share price increased by 60%, reflecting growing investor confidence and value creation [7] - The construction of the Valentine Gold Mine is advancing, with first gold production expected in Q3 2025 [7][10]
Burgundy Diamond Mines releases 2024 Socio-Economic Report
Globenewswire· 2025-05-08 16:13
Core Insights - Burgundy Diamond Mines Limited released its 2024 Socio-Economic Report, showcasing achievements in safety, operations, and social impact related to the Ekati Diamond Mine [1][2][3] Group 1: Socio-Economic Contributions - The company contributed $5.1 million across Canada's North through Impact Benefit Agreement payments, community donations, and sponsorships [8] - Employed 1,242 individuals, including 700 employees and 542 contractors, with 28% being northern residents, of which 60% were northern Indigenous [8] - Spent $431 million on business expenditures, with 68% allocated to Indigenous partners and other northern businesses; Indigenous spending accounted for 49% of total expenditures [8] Group 2: Operational Achievements - Burgundy Diamond Mines solidified its position as the largest G7 producer of natural diamonds, supplying 4% of global rough diamonds [8] - Achieved a milestone of 100 million carats mined over 26 years of ongoing production at the Ekati Diamond Mine [8] Group 3: Commitment to Responsible Mining - The report emphasizes the company's commitment to responsible mining and maintaining collaborative relationships with northern stakeholders and the government [3] - The company aims to manage its environmental footprint and govern its business in a transparent, ethical, and accountable manner [3][11]