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Sep 13. 2021
VANCOUVER, British Columbia, Sept. 13, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that it continues to intersect high-grade gold mineralization in Phase 3 of the North Block resource expansion drill program at the Brucejack Mine in British Columbia. Phase 3 of the North Block resource expansion drill program was initiated to follow-up on the high-grade gold intersected directly to the north of the Valley of the Kings deposit during Phase 1 and Phase 2 of the North Block drill program ( see news releases dated February 25, 2021 and June 15, 2021 ). Phase 3 results include seven intersections assaying above 1,000 grams per tonne gold. Drill hole VU-3255 assayed 493.2 grams per tonne gold over 15.0 meters, including 7,360 grams per tonne gold over 1.0 meter. Drill hole VU-3242 assayed 676.8 grams per tonne gold over 7.0 meters, including 3,150 grams per tonne gold over 1.5 meter. High-grade gold mineralization was ...
Aug 12. 2021
VANCOUVER, British Columbia, Aug. 12, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announces operating and financial results for the second quarter 2021 (see “ Key Operating Metrics ” and “Key Financial Metrics ” tables below). All amounts are in US dollars unless otherwise noted. This release should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2021 and 2020, available on the Company’s website and on SEDAR and EDGAR. “The second quarter of 2021 started under some challenging circumstances, but thanks to the hard work of our team we made consistent improvements through the quarter and we remain on track to achieve our annual guidance,” said Jacques Perron, President and Chief Executive Officer of Pretivm. “We accomplished another profitable quarter with $152.3 million in revenue, generated $50.7 million in free cash flow and ...
Aug 9. 2021
VANCOUVER, British Columbia, Aug. 09, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announces today that it has amended its existing credit facility (the “Amended Loan Facility”) on favourable terms, increasing the Loan Facility size to US$350 million from its current US$300 million.   The Amended Loan Facility is comprised of a US$100 million non-revolving term credit facility (the “Term Facility”) and a US$250 million revolving credit facility (the “Revolving Facility”). The Term Facility was used to refinance the existing term loan (US$100 million on closing date) and the Revolving Facility will be available for general corporate purposes. The Amended Loan Facility has been made available for a term of four years, maturing on August 8, 2025. “The increase in available liquidity combined with our strong financial performance provides us with flexibility and positions us to seize operational and strategic opportunities as they arise,” said ...
Jul 20. 2021
VANCOUVER, British Columbia, July 20, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) will release second quarter 2021 operational and financial results after market close on Thursday, August 12 th , 2021. The webcast and conference call to discuss Q2 2021 will take place Friday, August 13 th , 2021 at 7:30 am PT (10:30 am ET) and can be accessed at www.pretivm.com . Second quarter 2021 webcast and conference call details: Friday, August 13, 2021 at 7:30 am PT (10:30 am ET) Webcast www.pretivm.com Toll Free (North America) 1-800-319-4610 International and Vancouver 604-638-5340 About Pretivm Pretivm is an intermediate gold producer with the high-grade gold underground Brucejack Mine. For further information contact: Troy Shultz
Manager, Investor Relations &
Corporate Communications Pretium Resources Inc.
Suite 2300, Four Bentall Centre, 1055 Dunsmuir Street
PO Box 49334 Vancouver, BC V7X 1L4
(604) 558-1784 ...
Jun 15. 2021
VANCOUVER, British Columbia, June 15, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that it continues to intersect high grade gold mineralization in Phase 2 of the North Block resource expansion drill program at the Brucejack Mine in British Columbia. Following up on the success of the Phase 1 drill program ( see news release dated February 25, 2021 ) Pretivm initiated a second phase of drilling to test the extension of the North Block Zone to the northwest.  The Phase 2 program identified high-grade gold mineralization with five intersections assaying above 1,000 grams per tonne gold. Results include, drill hole VU-2933 which assayed 561.6 grams per tonne gold over 15.0 meters, including 8,400 grams per tonne gold over 1.0 meter. In addition, drill hole VU-2932 assayed 306.6 grams per tonne gold over 19.5 meters, including 5,910 grams per tonne gold over 1.0 meter. High grade gold mineralization was intercepted up to ...
May 5. 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announces the voting results from its Annual General and Special Meeting of shareholders held on May 4, 2021 (the “Meeting”). Meeting Results A total of 127,506,744 (67.88%) of Pretivm’s common shares were represented at the Meeting. All matters brought forth at the Meeting were approved, including the election of the eight nominees listed in Pretivm’s management information circular for the Meeting as directors of the Company. Detailed results of the votes are set out below. Number of Directors Setting the number of Directors at eight: Votes for % For Votes Against % Against 111,761,225 97.80% 2,513,446 2.20% Election of Directors Nominee Votes for % For Votes Withheld % Withheld Richard O’Brien 110,080,641 96.33% 4,194,030 3.67% Jacques Perron 113,992,577 99.75% 282,094 0.25% George Paspalas 111,579,537 97.64% 2,695,134 2.36% David Smith 111,529,407 97.60% ...
May 4. 2021
VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announces operating and financial results for the first quarter 2021 (see “ Key Operating Metrics ” and “Key Financial Metrics ” tables below). All amounts are in US dollars unless otherwise noted. This release should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2021 and 2020, available on the Company’s website and on SEDAR and EDGAR. “The first quarter of 2021 proved to be very challenging, but operations continued throughout the COVID-19 outbreak that occurred at Brucejack in February. This was only possible because of the tremendous dedication of our team, the support of our contractors and the contributions of our healthcare provider Iridia Medical, our First Nation community partners and BC Northern Health,” said Jacques Perron, President and ...
May 3. 2021
VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announces that underground exploration drilling conducted in 2020 from the 1080 Level, one of the lowest mining levels at the Brucejack Mine, intercepted high-grade gold mineralization at depth and to the east of the Valley of the Kings deposit. “These results continue to highlight the potential to extend beyond the defined resource and confirm that the Valley of the Kings deposit remains open at depth,” said Jacques Perron, President and Chief Executive Officer of Pretivm. “A new extension of gold mineralization was also intercepted immediately to the east of the existing underground infrastructure that could provide easy access for future development. Our follow-up underground resource expansion drill program is currently underway, and we look forward to announcing the next set of drill results.” The 1080 Level resource expansion drill program is ...
Apr 15. 2021
VANCOUVER, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) will release first quarter 2021 operational and financial results after market close on Tuesday, May 4 th , 2021. The webcast and conference call to discuss Q1 2021 will take place Wednesday, May 5 th , 2021 at 9:00 am PT (12:00 pm ET) and can be accessed at www.pretivm.com . First quarter 2021 webcast and conference call details:   Wednesday, May 5, 2021 at 9:00 am PT (12:00 pm ET)     Webcast www.pretivm.com   Toll Free (North America) 1-800-319-4610   International and Vancouver 604-638-5340 About Pretivm Pretivm is an intermediate gold producer with the high-grade gold underground Brucejack Mine. For further information contact: Troy Shultz
Manager, Investor Relations &
Corporate Communications Pretium Resources Inc.
Suite 2300, Four Bentall Centre, 1055 Dunsmuir Street
PO Box 49334 Vancouver, BC V7X ...
Feb 25. 2021
Fourth Quarter (“Q4”) and Full Year 2020 (“2020”) Highlights: 2020 production and financial guidance achieved Gold production – Q4: 88,299 ounces; 2020: 347,743 ounces AISC1 – Q4: $1,009 per ounce of gold sold; 2020: $981 per ounce of gold sold Free cash flow1 – Q4:  $177.8 million; 2020: $369.2 million Revenue - Q4:  $169.6 million; 2020: $617.6 million Received proceeds from the sale of Snowfield of $100.0 million Repaid $226.7 million of debt including a discretionary payment of $160.0 million End of quarter cash balance: $174.8 million All amounts are in US dollars unless otherwise noted. This release should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD &A”) for the years ended December 31, 2020 and 2019, available on the Company’s website and on SEDAR and EDGAR. VANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announces ...
Feb 25. 2021
VANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced high-grade gold mineralization has been intercepted in the first resource expansion drill program completed at the Brucejack Mine since commercial production commenced in 2017. “These initial results validate our view that there is exciting extension potential at the North Block Zone of the Valley of the Kings deposit at Brucejack,” said Jacques Perron, President and Chief Executive Officer of Pretivm. “In 2020 we made a commitment to significantly increase our resource expansion and exploration efforts going forward, and these results from this first phase certainly support that investment.” High-grade gold mineralization was identified in three new areas during Phase 1 drilling of the North Block Zone. Four intersections assayed above 1,000 grams per tonne gold. Results include high-grade gold mineralization intercepts up to 300 meters ...
Feb 17. 2021
VANCOUVER, British Columbia, Feb. 17, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) announces that it has lifted travel restrictions at the Brucejack Mine that were implemented after a COVID-19 outbreak was declared ( see news release dated February 10, 2021 ). Travel restrictions were instituted as part of the Company’s COVID-19 protocols to protect the health and safety of our workforce and local communities while site wide testing was conducted, and the situation could be fully assessed. At the Brucejack Mine Camp 453 tests were conducted, and based on those results it was determined that the large majority of positive cases were restricted to a limited cluster. Travel has now resumed with enhanced protocols and procedures that were developed in collaboration with local indigenous partners and BC Northern Health. These protocols include rigorous testing of all employees and contractors. Throughout the outbreak, mine and mill production ...
Feb 11. 2021
VANCOUVER, British Columbia, Feb. 10, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announces that a COVID-19 outbreak has been verbally declared at the Brucejack Mine by the BC Northern Health Medical Health Officer. To protect the health and safety of our workforce and local communities, the Company has implemented enhanced outbreak protocols which include restrictions on travel to and from the Brucejack Mine Camp until site wide testing and an assessment by BC Northern Health can be completed.    Currently, the Company is managing 14 cases of COVID-19 among employees and contractors at the Brucejack Mine, this includes those previously announced 9 cases ( see news release dated February 7, 2021 ). All are in isolation, remain in good health and have exhibited limited symptoms. The Company has also become aware of employees and contractors who are currently off site and have contracted the virus. In partnership with local ...
Feb 7. 2021
VANCOUVER, British Columbia, Feb. 07, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that it is currently managing 9 cases of COVID-19 among employees and contractors at the Brucejack Mine in British Columbia. All are in isolation, remain in good health and have exhibited limited symptoms. In partnership with the local health authority, BC Northern Health, contact tracing was undertaken to determine the potential for additional exposures. Close contacts, identified through the tracing process, have been notified and moved into isolation. Isolation protocols will remain in effect for the duration established by Northern Health, with regular monitoring for COVID-19 symptoms. The Company has also become aware of employees who are currently off site and have contracted the virus. “The health and safety of our workforce and surrounding communities remains our top priority,” said Jacques Perron, President and Chief Executive ...
Jan 18. 2021
Fourth Quarter (“Q4”) and Full Year (“2020”) 2020 Highlights: Gold production – Q4: 88,299 ounces; 2020: 347,743 ounces Discretionary debt payment of $160.0 million made prior to the end of Q4 End of year cash balance: $174.8 million All amounts are in US dollars unless otherwise noted. VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announces fourth quarter and full year 2020 production results and a $160 million discretionary payment against its credit facility. Pretivm also provides production and financial guidance for 2021. The Company produced 347,743 ounces of gold in 2020, slightly above the midpoint of its guidance range of 325,000 ounces to 365,000 ounces. For 2021, the Company expects gold production to be in the range of 325,000 to 365,000 ounces, with a midpoint of 345,000 ounces. “For the first time in the Company’s history we have achieved our annual production guidance, demonstrating the ...
Jan 4. 2021
VANCOUVER, British Columbia, Jan. 04, 2021 (GLOBE NEWSWIRE) - Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) announces the resignation of Robin Bienenstock from the Company’s Board of Directors (the “Board”) effective immediately. Ms. Bienenstock joined the Company’s Board in 2018 and was a key member of the Compensation Committee, acting as its Chair since February 2019, as well as the Corporate Governance and Nominating Committee. “On behalf of Pretivm’s Board of Directors, I would like to thank Ms. Bienenstock for her invaluable insight during her tenure and acknowledge her contributions, including towards improving the Company’s compensation policies and practices, and corporate governance,” stated Richard O’Brien, Chair of the Board. “We wish Ms. Bienenstock all the best in her future endeavours.” About Pretivm Pretivm is an intermediate gold producer with the high-grade gold underground Brucejack Mine. For further information contact: Troy Shultz
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