Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) said the third quarter just ended was its strongest quarterly production performance this year at 281,000 ounces of gold.
Costs were also lower quarter-on-quarter at US$967 an ounce, though net income for the three months to the end of September 2023 dropped to US$60 million.
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) shares climbed by a third as it confirmed it had signed an agreement with the Azerbaijan government that will allow it to reopen the processing plant at its Gedabek gold and copper mine.
The miner had to halt production while an investigation into its tailings dam was carried out by consultant Micon.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) has added 8,000 metres (m) or 43% more to a drilling programme at its Ewoyaa lithium project in Ghana to expand the resource,
A mining licence for the project was recently issued by the Ghanaian government and this additional drilling will take the programme underway currently to 26,500m, said Atlantic, with completion scheduled for the second quarter of 2024.
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has signed a protocol with the Government of Azerbaijan on an action plan to improve tailings dam procedures at the Gedabek mine.
As a result of agreeing to the plan, the miner is now free to restart all its operations, adding none of the measures will involve significant expenditure.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) said developing its growth portfolio will be a focus in the coming year following the early progress at Paterson South, part of its joint venture with Rio Tinto.
Shaun Day, managing director, added that it was “well-positioned to make the most of all value generative opportunities” following the strategic cornerstone investment from Wyloo of £33.5 million and other funding.