News

Home  >  News
Press release year list 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
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
...