Production guidance of 180,000-200,000 ounces remains unchanged for the year.

Marathon has also concluded a MOU with the Miawpukek First Nation relating to the Environmental Assessment and development of the gold project.

The gold mine has been halted since late October, when Iamgold had to lay off 437 workers following a seismic event at the operation.

Dividends and share buybacks become much more critical for creating value for shareholders.

The company anticipates declaring commercial production this quarter.

The company beat estimates thanks to increased production of copper and gold at its Oyu Tolgoi mine in Mongolia.

With roughly $4.7 billion worth of non-fuel minerals produced in 2020, California is one of the largest states for mining and the sole source of rare earth elements in the US.