|Over a week ago|
Hycroft Mining sees 2021 production 45K-55K oz. gold, 400K-450K oz. silver » 07:2003/2403/24/21
Capital and project…
Capital and project spending in 2021 is expected to be $14M-$18M, primarily for variability drilling, material characterization and metallurgical testing, and on-going analyses.
Hycroft Mining reports 2020 production 27,392 oz. gold, 178,836 oz. silver » 07:1903/2403/24/21
Gold and silver…
Gold and silver production in 2020 nearly tripled compared with 2019 to 27,392 ounces of gold and 178,836 ounces of silver, resulting from a full year of production in 2020 compared with an approximate half year of operations in 2019. The company sold 24,892 ounces of gold and 136,238 ounces of silver realized average price of $20.30 per ounce.
|Over a month ago|
Hycroft Mining appoints Jack Henris as COO » 07:4001/1201/12/21
Hycroft Mining Holding…
Hycroft Mining Holding (HYMC) announced the appointment of Jack Henris to the position of Executive Vice President and COO, effective January 11. Hycroft has also recently welcomed several additional key members to the Hycroft team. A thorough review of the organizational structure, including the identification of technical and operating needs, led to a bolstering and restructuring of the Hycroft operating team. Henris is a highly experienced mining operations executive with more than 35 years of experience in senior operations positions with major mining firms including General Manager of two mines at Newmont Mining where he was responsible for surface and underground mines and processing facilities, including roasting, flotation and oxide milling, and heap leach pads. At Barrick Gold (GOLD) Henris held positions as Mine Operations Supervisor and Senior Mine Planner at the Goldstrike Mine. James Berry joins Hycroft as Vice President, Exploration and Geology. Berry brings more than 30 years of experience in geology and exploration to the Hycroft team. The Company has attracted 11 key technical and operations personnel experienced in mine planning, maintenance, process, metallurgy, stakeholder/regulatory engagement, and engineering. These seasoned superintendents, supervisors and senior technical professionals with up to 30 years of experience will be key to our success as we drive safety and health programs, improve operating efficiencies, build mine facilities and infrastructure, and operate responsibly.
|Over a quarter ago|
Hycroft Mining initiated with an Outperform at BMO Capital » 04:5911/2711/27/20
BMO Capital analyst Brian…
BMO Capital analyst Brian Quast initiated coverage of Hycroft Mining with an Outperform rating and no price target. The shares trade at a "steep discount" to small-cap peers, Quast tells investors in a research note. The analyst sees the largest driver for the shares as the efficacy of the novel oxidation process that is required to profitably recover gold and silver from the large refractory portion of the ore body. He has confidence in the chemistry underlying this oxidation process.
Hycroft Mining initiated with a Buy at Stifel » 06:0010/2310/23/20
Stifel analyst Vincent…
Stifel analyst Vincent Anderson initiated coverage of Hycroft Mining with a Buy rating and $15 price target. The company is nearing an "operational inflection point" that will "significantly de-risk" shares, providing "strong upside" to the discount on current estimated net asset value, Anderson tells investors in a research note. The analyst expects the successful demonstration of Hycroft's sulfide ore oxidation process on its soon-to-be commissioned full scale leach pad will serve as a "strong signal for the mine's viability."
Hycroft Mining appoints Stanton Rideoutas CFO » 18:0110/2010/20/20
Hycroft Mining Holding…
Hycroft Mining Holding announced the appointment of Stanton Rideout as the Company's Executive Vice President & CFO, effective October 20. Rideout is a seasoned financial executive and has more than 30 years of senior executive experience in the mining and manufacturing industries, including Romarco Minerals and Phelps Dodge. Rideout served as Senior Vice President, CFOof Romarco from 2010 to 2015 where he arranged the project debt financing for the Haile Gold Mine in South Carolina. Since Romarco was acquired by OceanaGold Corporation, he has been providing debt and equity consulting services for a number of mining companies in addition to being Chairman and consulting CEO of Carolina Gold Resources, a Canadian precious and base metals project-generator company. Effective upon Rideout's appointment as Executive Vice President & CFO, on October 20, Jeffrey Stieber will step down from his position as Vice President and Interim CFO and will become Senior Vice President of Finance and Treasurer, reporting to Rideout. Stieber will remain an executive officer of the Company.
Hycroft Mining 8.33M share Secondary priced at $9.00 » 06:2610/0210/02/20
The deal size was…
The deal size was increased to 8.33M shares of common stock from 7.22M and priced below the last closing price of $9.04. BMO Capital, Stifel and Canaccord are acting as joint book running managers for the offering.
Hycroft Mining files to sell 7.2M units » 07:4009/2909/29/20
BMO Capital Markets…
BMO Capital Markets Corp., Stifel, Nicolaus & Company, Incorporated and Canaccord Genuity LLC are acting as Joint Bookrunners for the Offering with Cormark Securities acting as Co-Manager.
Hycroft files to sell 60.9M shares of common stock, 13.5M warrants for holders 17:3207/1307/13/20