Will Recent Political Developments Spark A Gold Rally - Seite 4

Pretium Resources Inc. (NYSE:PVG) (TSX: PVG) recently announced operating and financial results for the second quarter and first-half 2020. "Brucejack delivered another profitable quarter with record free cash flow," said Jacques Perron, President and Chief Executive Officer of Pretivm. "In the first six months of the year the mine produced 173,307 ounces of gold generating $293.1 million in revenue and $124.6 million in free cash flow, surpassing our full-year free cash flow target."

"However, no quarter at Pretivm is considered a success unless it is accomplished safely. The loss of one of our employees, announced a few days ago, is a tragic reminder of the importance of safety in all mine operations. Our thoughts are with the employee's family and loved ones. We will work tirelessly to ensure a safe workplace for everyone at Brucejack, which will directly support our efforts to operate efficiently and profitably."

Great Panther Mining Limited (NYSE: GPL) (TSX: GPR) recently reported unaudited consolidated financial results for the second quarter of 2020 (Q2 2020) from its three wholly owned mines: Tucano in Brazil, and Topia and the Guanajuato Mine Complex (GMC) in Mexico. Great Panther will host a conference call and live webcast to discuss the results at 9.00am PDT/12.00pm EDT today, August 6, 2020. Dial-in and login details are provided at the end of this news release.

"The combination of a strong rise in the gold price and  record production at our flagship Tucano mine, leading to a substantially lower AISC, drove a significant increase in cash flow from operating activities to a record  $19.5 million for the second quarter of 2020," stated President and CEO Rob Henderson. "This was an impressive result given the unprecedented challenges of managing COVID-19.  We congratulate our teams at all Great Panther sites for this achievement.

Hecla Mining Company (NYSE: HL) recently announced second quarter 2020 financial and operating results. "Despite the pandemic, Hecla had its second highest quarterly silver production since 2016 which, combined with higher prices, resulted in almost 25% more revenue than a year ago and generated about $27 million of free cash flow," said Phillips S. Baker, Jr., Hecla's President and CEO. "I am extremely proud of our workforce's adaptability and commitment in this challenging time which positions Hecla well to improve our cash flow generation in this higher silver and gold price environment."