Jaguar Mining Reports Second Quarter 2020 Financial Results

TORONTO, ON / ACCESSWIRE, Aug 7, 2020 – (ACN Newswire) – Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG) today announced financial and operating results for the three months ("Q2 2020") and six months ended June 30, 2020. All figures are in US Dollars, unless otherwise expressed.







Q2 2020 Operating Summary

– Consolidated gold production increased 43% with 23,483 ounces produced (208,000 tonnes milled, average grade of 4.00 g/t) in Q2 2020 compared to 16,365 ounces produced in Q1 2019 and 28% compared to 18,366 ounces produced in Q2 2019.
– Pilar mine gold production increased 17% with 13,452 ounces produced compared to 11,521 ounces produced in Q1 2020 and increased 28% compared to 10,543 ounces produced in Q2 2019.
– Turmalina mine gold production of increased 6% with 10,031 ounces produced compared to 9,487 ounces produced in Q1 2020 and increased 28% compared to 7,823 ounces produced in Q2 2019.
– Primary development increased 30% to 1,707 meters compared to 1,310 meters completed in Q2 2019.
– Sustaining capital expenditures of $6.1 million invested in mining equipment and development.

Q2 2020 Financial Results Summary

– Gross profit increased 312% to $23.9 million compared to $5.8 million in Q2 2019.
— Increased profitability in Q2 2020 reflects higher operating production quarter-over-quarter, and also an increase in the average realized gold price of $1,703/oz in Q2 2020 compared to $1,286/oz for Q2 2019.
– Consolidated Cash operating costs ("COC") decreased 25% to $586 per ounce of gold sold for Q2 2020, compared to $786 during Q2 2019.
– Consolidated all-in sustaining costs ("AISC") decreased 35% to $882 per ounce of gold sold in Q2 2020, compared to $1,366 during Q2 2019.
— Decrease in costs is mainly due to increase in production, higher head-grade and devaluation of the BRL currency.
– Operating cash flow of $27.5 million; adjusted EBITDA of $27.2 million.
– Net income of $19.2 million, or net income per share of $0.03.
– Free cash flow was $21.4 million for Q2 2020 based on operating cash flow, less sustaining capital, compared to negative $0.9 million in Q2 2019. The free cash flow for the quarter includes approximately $3.2M of sales proceeds from Q1 2020 which was received in Q2 2020.
— Free cash flow was $858 per ounce sold in Q2 2020 compared to negative $47 per ounce sold in Q2 2019.
– Strong treasury as of June 30, 2020, with cash of $30.2 million compared to cash of $12.1 million on March 31, 2020, demonstrating significant generation of pre-tax free cash flow.

Vern Baker, President and CEO of Jaguar Mining stated: "These strong second quarter results reflect our steady progression to reach our sustainable goal of 25,000 ounces per quarter. The financials reflect both improving production performance and strong tailwinds in the form of a weaker Brazilian Real and improving prices for gold. We are pleased to report that this is now our fifth quarter in a row with increasing ounce production. All the members of our Brazilian team of miners have demonstrated a commitment to moving our company through this current COVID-19 crisis and building a sustainable organization.

COVID-19 remains our key risk in terms of maintaining momentum. Cases in Brazil have been on the increase and our team has now reported its first few cases with our people. However, the team has remained calm and focused, and people who have confirmed positive with the virus, have now returned to work after appropriate quarantining. All our people are working to manage our way through the COVID-19 issue, and we have developed plans to deal with various potential scenarios as the situation continues to unfold.

Vern added, "We are pleased to report that Pilar Gold Mine reached a new production record for the quarter with 13,452 ounces produced. Turmalina Gold Mine production continues to improve, and this quarter reported a 6% increase from the prior quarter with 10,031 ounces produced, and development rates at Turmalina are sufficient to augment production in the second half of the year.

Jaguar enters the second half of the year with a very strong balance sheet, a sustainable production platform, excellent exploration opportunities, an impressive position in the Iron Quadrangle; both in hectares and in available infrastructure, and an outstanding cash flow position. With this strong performance, our supportive board have approved additional expenditures in 2020 for exploration and project evaluation."

Q2 2020 Financial Results
Table 1: https://pr.report/j4AyQ9v2
Table 2: https://pr.report/OSPNrpw7

Cash Position and Use of Funds

– Strong treasury as of June 30, 2020, with cash of $30.2 million compared to cash of $12.1 million on March 31, 2020. Brazilian Bank debt of $1 million was also paid down and $0.7 million of common shares were bought back through the Normal Course Issuer Bid program.
– As at June 30, 2020, working capital was $25.8 million, compared to $9.4 million as at December 31, 2019, which includes $3.5 million in loans from Brazilian banks, which mature every six months and are expected to be rolled forward.

Qualified Persons

Scientific and technical information contained in this press release has been reviewed and approved by Jonathan Victor Hill, BSc (Hons) (Economic Geology – UCT), Senior Expert Advisor Geology and Exploration to the Jaguar Mining Management Committee, who is also an employee of Jaguar Mining Inc., and is a "qualified person" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").

The Iron Quadrangle

The Iron Quadrangle has been an area of mineral exploration dating back to the 16th century. The discovery in 1699-1701 of gold contaminated with iron and platinum-group metals in the southeastern corner of the Iron Quadrangle gave rise to the name of the town Ouro Preto (Black Gold). The Iron Quadrangle contains world-class multi-million-ounce gold deposits such as Morro Velho, Cuiaba, and Sao Bento. Jaguar holds the second largest gold land position in the Iron Quadrangle with just over 25,000 hectares.

About Jaguar Mining Inc.

Jaguar Mining Inc. is a Canadian-listed junior gold mining, development, and exploration company operating in Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims covering an area of approximately 64,000 hectares. The Company's principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex and Caete Mining Complex (Pilar and Roca Grande Mines, and Caete Plant). The Company also owns the Paciencia Gold Mine Complex, which has been on care and maintenance since 2012. The Roca Grande Mine has been on temporary care and maintenance since April 2019. Additional information is available on the Company's website at www.jaguarmining.com.

For further information please contact:

Vernon Baker
Chief Executive Officer
Jaguar Mining Inc.
vernon.baker@jaguarmining.com
416-847-1854

Hashim Ahmed
Chief Financial Officer
Jaguar Mining Inc.
hashim.ahmed@jaguarmining.com
416-847-1854

Forward-Looking Statements

Certain statements in this news release constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking statements and information are provided for the purpose of providing information about management's expectations and plans relating to the future. All of the forward-looking information made in this news release is qualified by the cautionary statements below and those made in our other filings with the securities regulators in Canada. Forward-looking information contained in forward-looking statements can be identified by the use of words such as "are expected," "is forecast," "is targeted," "approximately," "plans," "anticipates," "projects," "anticipates," "continue," "estimate," "believe" or variations of such words and phrases or statements that certain actions, events or results "may," "could," "would," "might," or "will" be taken, occur or be achieved. All statements, other than statements of historical fact, may be considered to be or include forward-looking information. This news release contains forward-looking information regarding, among other things, expected sales, production statistics, ore grades, tonnes milled, recovery rates, cash operating costs, definition/delineation drilling, the timing and amount of estimated future production, costs of production, capital expenditures, costs and timing of the development of projects and new deposits, success of exploration, development and mining activities, currency fluctuations, capital requirements, project studies, mine life extensions, restarting suspended or disrupted operations, continuous improvement initiatives, and resolution of pending litigation. The Company has made numerous assumptions with respect to forward-looking information contained herein, including, among other things, assumptions about the estimated timeline for the development of its mineral properties; the supply and demand for, and the level and volatility of the price of, gold; the accuracy of reserve and resource estimates and the assumptions on which the reserve and resource estimates are based; the receipt of necessary permits; market competition; ongoing relations with employees and impacted communities; political and legal developments in any jurisdiction in which the Company operates being consistent with its current expectations including, without limitation, the impact of any potential power rationing, tailings facility regulation, exploration and mine operating licenses and permits being obtained and renewed and/or there being adverse amendments to mining or other laws in Brazil and any changes to general business and economic conditions. Forward-looking information involves a number of known and unknown risks and uncertainties, including among others: the risk of Jaguar not meeting the forecast plans regarding its operations and financial performance; uncertainties with respect to the price of gold, labour disruptions, mechanical failures, increase in costs, environmental compliance and change in environmental legislation and regulation, weather delays and increased costs or production delays due to natural disasters, power disruptions, procurement and delivery of parts and supplies to the operations; uncertainties inherent to capital markets in general (including the sometimes volatile valuation of securities and an uncertain ability to raise new capital) and other risks inherent to the gold exploration, development and production industry, which, if incorrect, may cause actual results to differ materially from those anticipated by the Company and described herein. In addition, there are risks and hazards associated with the business of gold exploration, development, mining and production, including environmental hazards, tailings dam failures, industrial accidents and workplace safety problems, unusual or unexpected geological formations, pressures, cave-ins, flooding, chemical spills, procurement fraud and gold bullion thefts and losses (and the risk of inadequate insurance, or the inability to obtain insurance, to cover these risks). Accordingly, readers should not place undue reliance on forward-looking information.

For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company's most recent Annual Information Form and Management's Discussion and Analysis, as well as other public disclosure documents that can be accessed under the issuer profile of "Jaguar Mining Inc." on SEDAR at www.sedar.com. The forward-looking information set forth herein reflects the Company's reasonable expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

Non-IFRS Measures

This news release provides certain financial measures that do not have a standardized meaning prescribed by IFRS. Readers are cautioned to review the below stated footnotes where the Company expands on its use of non-IFRS measures.

1. Cash operating costs and cash operating cost per ounce are non-IFRS measures. In the gold mining industry, cash operating costs and cash operating costs per ounce are common performance measures but do not have any standardized meaning. Cash operating costs are derived from amounts included in the Consolidated Statements of Comprehensive Income (Loss) and include mine-site operating costs such as mining, processing and administration, as well as royalty expenses, but exclude depreciation, depletion, share-based payment expenses, and reclamation costs. Cash operating costs per ounce are based on ounces produced and are calculated by dividing cash operating costs by commercial gold ounces produced; US$ cash operating costs per ounce produced are derived from the cash operating costs per ounce produced translated using the average Brazilian Central Bank R$/US$ exchange rate. The Company discloses cash operating costs and cash operating costs per ounce, as it believes those measures provide valuable assistance to investors and analysts in evaluating the Company's operational performance and ability to generate cash flow. The most directly comparable measure prepared in accordance with IFRS is total production costs. A reconciliation of cash operating costs per ounce to total production costs for the most recent reporting period, the quarter ended June 30, 2020, is set out in the Company's second quarter 2020 Management Discussion and Analysis (MD&A) filed on SEDAR at www.sedar.com.

2. All-in sustaining cost is a non-IFRS measure. This measure is intended to assist readers in evaluating the total costs of producing gold from current operations. While there is no standardized meaning across the industry for this measure, except for non-cash items the Company's definition conforms to the all-in sustaining cost definition as set out by the World Gold Council in its guidance note dated June 27, 2013. The Company defines all-in sustaining cost as the sum of production costs, sustaining capital (capital required to maintain current operations at existing levels), corporate general and administrative expenses, and in-mine exploration expenses. All-in sustaining cost excludes growth capital, reclamation cost accretion related to current operations, interest and other financing costs, and taxes. A reconciliation of all-in sustaining cost to total production costs for the most recent reporting period, the quarter ended June 30, 2020, is set out in the Company's second quarter 2020 MD&A filed on SEDAR at www.sedar.com.

SOURCE: Jaguar Mining Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TANAKA Selected in Ministry of Economy, Trade, and Industry’s 2020 Global Niche Top Companies

TOKYO, Aug 5, 2020 – (ACN Newswire) – TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka) announced today that TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, has been selected and awarded by Japan's Ministry of Economy, Trade, and Industry (METI) as one of its "Global Niche Top Companies Selection 100" (GNT Companies Selection 100) and has just received the certification.



Global Niche Top Companies Selection 100 certificate


Fuel cell catalysts



Companies selected in the GNT Companies Selection 100 are being recognized by METI for excelling in niche sectors of global markets or for being outstanding companies with businesses focused on parts or materials with increasing importance for supply chain in a changing international landscape. On June 30, 2020, METI announced the selection of 113 companies for its 2020 GNT Companies Selection 100. TANAKA Kikinzoku Kogyo was recognized and awarded a certificate in the materials and chemistry category for its catalyst products for fuel cells.

Development and Manufacture of Fuel Cell Catalysts by TANAKA Kikinzoku Kogyo

Electrode catalysts for fuel cells are materials that promote chemical reactions within fuel cells to turn hydrogen into water and electricity. Vehicles equipped with fuel cells (FCVs) are much more energy-efficient than vehicles that use energy from the combustion of gasoline or other fuels. Because there are no greenhouse gases (GHGs), such as carbon dioxide, emitted during use, FCVs are expected to provide benefits from the perspective of environmental conservation in particular. As a comprehensive manufacturer of precious metals, TANAKA Kikinzoku Kogyo was an early developer of electrode catalysts that use platinum, with the belief that they can make a significant contribution to the fuel cell industry.

TANAKA Kikinzoku Kogyo specializes in customization to meet the needs of its customers. In collaboration with industry and academia, it has also maintained, for about 15 years, the leading share of the global market for electrode catalysts for polymer electrolyte membrane fuel cells (PEFCs). In 2019, it expanded capacity at its FC Catalyst Development Center and enhanced production capabilities. As a result, it has built a system that will rapidly respond with stable supplies to increases in demand for electrode catalysts as the fuel cell market grows.

With the use of fuel cells becoming more widespread, demand for cost reductions and improved quality are also increasing, so TANAKA Kikinzoku Kogyo is continuing to develop related technologies, including the development of manufacturing processes and analysis technologies. Going forward, the company will continue to develop catalysts that improve the performance of fuel cells and reduce the use of precious metals in order to deliver products that contribute to a hydrogen society and help conserve the environment.

Reference: METI press release for the 2020 Global Niche Top Companies Selection 100
https://www.meti.go.jp/press/2020/06/20200630002/20200630002.html

TANAKA Holdings Co., Ltd. (Holding company of TANAKA Precious Metals)
Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Koichiro Tanaka, Representative Director & CEO
Founded: 1885
Incorporated: 1918*
Capital: 500 million yen
Employees in consolidated group: 5,138 (FY2019)
Employees: 221 (March 31, 2020)
Net sales of consolidated group: JPY 1,149,604 million (FY2019)
Main businesses of the group: The holding company at the center of TANAKA Precious Metals responsible for strategic and efficient group management and management guidance to group companies.
URL: https://www.tanaka.co.jp/english/
* TANAKA Holdings adopted a holding company structure on April 1, 2010.

TANAKA Kikinzoku Kogyo K.K.
Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Koichiro Tanaka, Representative Director & CEO
Founded: 1885
Incorporated: 1918
Capital: 500 million yen
Employees: 2,393 (including overseas subsidiaries) (as of March 31, 2020)
Sales: JPY 992,679,879,000 (FY2019)
Main businesses: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products.
URL: https://tanaka-preciousmetals.com

About TANAKA Precious Metals
Since its foundation in 1885, TANAKA Precious Metals has built a diversified range of business activities focused on precious metals. TANAKA is a leader in Japan regarding the volumes of precious metals handled. Over the course of many years, TANAKA has not only manufactured and sold precious metal products for industry but also provided precious metals in such forms as jewelry and resources. As precious metals specialists, all Group companies within and outside Japan work together with unified cooperation between manufacturing, sales, and technological aspects to offer products and services. Additionally, to make further progress in globalization, TANAKA Kikinzoku Kogyo welcomed Metalor Technologies International SA as a member of the Group in 2016.

As precious metal professionals, TANAKA Precious Metals will continue to contribute to the development of an enriching and prosperous society.

The five core companies that make up TANAKA Precious Metals are as follows.
— TANAKA Holdings Co., Ltd. (pure holding company)
— TANAKA Kikinzoku Kogyo K.K.
— TANAKA Denshi Kogyo K.K.
— Electroplating Engineers Of Japan, Limited
— TANAKA Kikinzoku Jewerly K.K.

Press release in PDF: http://www.acnnewswire.com/clientreports/598/200805_EN.pdf

Press Inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Using AI to predict new materials with desired properties

Tsukuba, Japan, Aug 1, 2020 – (ACN Newswire) – Scientists in Japan have developed a machine learning approach that can predict the elements and manufacturing processes needed to obtain an aluminum alloy with specific, desired mechanical properties. The approach, published in the journal Science and Technology of Advanced Materials, could facilitate the discovery of new materials.



Aluminum alloys are lightweight, energy-saving materials which are used for various purposes, from welding materials for buildings to bicycle frames. (Credit: Jozef Polc via123rf)



Aluminum alloys are lightweight, energy-saving materials made predominantly from aluminum, but also contain other elements, such as magnesium, manganese, silicon, zinc and copper. The combination of elements and manufacturing process determines how resilient the alloys are to various stresses. For example, 5000 series aluminum alloys contain magnesium and several other elements and are used as a welding material in buildings, cars, and pressurized vessels. 7000 series aluminum alloys contain zinc, and usually magnesium and copper, and are most commonly used in bicycle frames.

Experimenting with various combinations of elements and manufacturing processes to fabricate aluminum alloys is time-consuming and expensive. To overcome this, Ryo Tamura and colleagues at Japan's National Institute for Materials Science and Toyota Motor Corporation developed a materials informatics technique that feeds known data from aluminum alloy databases into a machine learning model. This trains the model to understand relationships between alloys' mechanical properties and the different elements they are made of, as well as the type of heat treatment applied during manufacturing. Once the model is provided enough data, it can then predict what is required to manufacture a new alloy with specific mechanical properties. All this without the need for input or supervision from a human.

The model found, for example, 5000 series aluminum alloys that are highly resistant to stress and deformation can be made by increasing the manganese and magnesium content and reducing the aluminum content. "This sort of information could be useful for developing new materials, including alloys, that meet the needs of industry," says Tamura.

The model employs a statistical method, called Markov chain Monte Carlo, which uses algorithms to obtain information and then represent the results in graphs that facilitate the visualization of how the different variables relate. The machine learning approach can be made more reliable by inputting a larger dataset during the training process.

Further information
Ryo Tamura
National Institute for Materials Science
tamura.ryo@nims.go.jp

Paper: https://doi.org/10.1080/14686996.2020.1791676

About Science and Technology of Advanced Materials Journal

Open access journal STAM publishes outstanding research articles across all aspects of materials science, including functional and structural materials, theoretical analyses, and properties of materials.

Chikashi Nishimura
STAM Publishing Director
NISHIMURA.Chikashi@nims.go.jp

Press release distributed by ResearchSEA for Science and Technology of Advanced Materials.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Furuya Metal Has Become the First Japanese Precious Metal Company to Establish a Joint Venture with Anglo Platinum Marketing Limited, a Major PGM Producer in South Africa

TOKYO, Jul 27, 2020 – (ACN Newswire) – Furuya Metal Co., Ltd. (Head office: Toshima-ku, Tokyo; President: Takahito Furuya) has established a new company named "Furuya Eco-Front Technology" on May 27 2020, which will handle environmental businesses that capitalize on low-temperature active catalysts (hereafter referred to as "FT-eco catalysts"), and that on July 1 it signed an agreement to form a joint venture with Anglo Platinum Marketing Limited (Head office: London, the United Kingdom, hereafter referred to as "APML"), a subsidiary of Anglo American Plc. APML, which appreciates Furuya Metal's environmental businesses, is providing 40% of the capital for the new joint venture. This is the first time a major mining company in South Africa where accounts for 70% of the global platinum production, has formed a joint venture with a Japanese precious metal company.

In 2017, Furuya Metal established a mass-production system for FT-eco catalysts that resolves volatile organic compounds (VOCs), which are harmful to humans and cause allergies and offensive odors, as well as ethylene, which accelerates the decay of plants, and has been actively promoting these catalysts.

As urban areas have developed economically in China and Southeast Asian countries, as well as Japan, people are continuously flowing into these areas, which creates food safety issues and increases the need for reducing food waste and improving public hygiene. In order to reduce the food waste due to spoilage and to improve people's health by preventing odor, inhibiting molds, and taking the advantage of the antimicrobial effect, Furuya Metal has recently established a new company. Furuya Metal is aiming to consolidate its business resource related to FT-eco catalyst, expand its distribution channels further, including overseas markets, and promote technology development through a newly formed subsidiary.

Press release (PDF): http://www.acnnewswire.com/clientreports/598/202007.pdf

About FT-eco catalysts

FT-eco catalysts are catalysts in which nanoparticles of precious metals such as platinum are carried in a special ceramic carrier. These catalysts can efficiently resolves VOCs and ethylene within a temperature range between 0 degrees and 30 degrees Celsius (room temperature) and exhibit a high level of catalytic effect when simply placed within the target space. Furthermore, since they almost never need to be replaced, cost reduction and energy saving can be expected. Therefore, it is projected that these catalysts will be utilized by makers of home appliances, such as air cleaners and refrigerators, retails stores that need to maintain the freshness of fruits, vegetables, flowers, and plants, and in logistics applications such as cold chains.

FT-eco catalysts are next-generation, energy-saving, environment-friendly catalysts that, because they work at low temperatures, can be expected to reduce energy consumption, thereby reducing CO2 emissions, and that have the potential of contributing to food waste reduction by maintaining freshness.

Furuya Metal Group specializes in PGM with particularly excellent properties among precious metals, and develops and manufactures products for a wide range of fields, including electronics, optical glass, clean energy, precious metal resource reutilization, environment, and medicine. The company was selected as one of the Global Niche Top Companies Selection 100 by Japan's Ministry of Economy, Trade and Industry (METI) in the program's first year (2014) and again in its second year (2020). We plans to continue capitalizing on its unique technologies to help resolve social issues.

Overview of the new company
– Company name: Furuya Eco-Front Technology Co., Ltd.
– Head office location: MSB-21 Minami Otsuka Bldg., 2-37-5 Minami Otsuka, Toshima-ku, Tokyo
– President: Hideki Kuwabara (Furuya Metal Co., Ltd. director), Wei Chen
– Established: May 27, 2020
– Capital: 250 million yen
– Capital ratio: Furuya Metal Co., Ltd. 60%; Anglo Platinum Marketing Ltd. 40%
– Business description: Development, manufacture, sales, and export of freshness-maintaining, mold-inhibiting, and antimicrobial environmental products that utilize low-temperature active catalysts

Product description video: https://www.youtube.com/channel/UCGZa2eorg4ts1FHxxOOGvPg

[Overview of Furuya Metal Co., Ltd.]

Furuya Metal manufactures industrial-use precious metal products utilizing precious metals with high scarcity value included among platinum group metals (PGM) such as platinum (Pt), iridium (Ir) and ruthenium (Ru). Due to the extreme difficulty in processing these precious metals, the number of industrial-use precious metal manufacturers specializing in PGM is limited, even on a worldwide level. Industrial-use precious metals centered on PGM, can be considered as materials with a vital role in supporting advancements in the fields of electronics, optical glass, clean energy, environment and medicine because of their excellent characteristics such as heat resistance, chemical stability and good electrical conductivity.

The Company specializes in PGM possessing particularly excellent properties among precious metals, and manufactures and sells industrial-use precious metal products such as crucibles (heat-resistant containers), thin film materials, thermocouples (thermometers), and compounds, and is also engaged in recycling businesses, such as refining and recovering rare precious metals in order to most effectively utilize them.

Headquarters: MSB-21 Minami Otsuka Bldg., 2-37-5 Minami Otsuka, Toshima-ku, Tokyo
Representative: Takahito Furuya, President
Founded: March 1951
Incorporated: August 22, 1968
Capital: 5,445 million yen
Listed exchange: JASDAQ Standard (Securities code: 7826)
Employees: 312 (as of June 30, 2019)
Sales: 21,163 million yen (as of June 30, 2019)
Business description: Manufacture and sales of industrial-use precious metal products such as iridium and platinum, and thermosensors. Sales of electronic materials and semiconductor-related products. Manufacture and sales of thin film components.
Website: http://www.furuyametals.co.jp/

Press inquiries
Furuya Metal Co., Ltd. Planning Group of Metal Business Office
Naonori Odaka
E-Mail: odaka@furuyametals.co.jp

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Benchmark Adds a Fifth Drill Rig at its Gold-Silver Project and Provides Program Update

Edmonton, Alberta, Jul 22, 2020 – (ACN Newswire) – Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) ("Benchmark") is pleased to announce that it has added a fifth drill rig to its 50,000 metre drill program and provides an update on the drilling and field exploration completed to date. Over 10,500 metres has been completed from +60 drill holes targeting resource definition and expansion areas. Sample shipments to the laboratory are ongoing with assay results anticipated for early August. Benchmark's Lawyers gold-silver project is located in the Golden Horseshoe of north-central British Columbia, Canada.





John Williamson, CEO commented, "The addition of this third diamond drill rig increases our total drills on the project to five which will help us quickly advance towards our 50,000 metre program. The drilling program is going exceptionally well with the two diamond rigs performing ~30% ahead of anticipated drill meterage. Drilling at the Cliff Creek zone has intersected zones of alteration, veining, and mineralization in all holes to date. The geological field teams are performing detailed geological mapping, soil and rock sampling and the geophysical crews are near completion of ground magnetic and IP surveys at a number of zones."

All 2020 drilling to date is focused on defining and expanding a mineral resource from three (3) key areas: 1. Cliff Creek Zone, 2. Dukes Ridge to Phoenix Zones, and 3. AGB Zone. Field work has been effective at advancing new drill targets for potential new discoveries at the Silver Pond Porphyry target and the Marmot Zone.

Program Update

Drilling
+10,500 metres completed as of July 21
+60 drill holes completed as of July 21 with drilling Cliff Creek and AGB zones
3rd diamond drill rig added for a total of 5 rigs

Geophysics
Ground Magnetics/VLF nearing completion at both Marmot and the Silver Pond Porphyry target
IP survey at Silver Pond is scheduled to be complete on July 23rd

Mapping
Detailed geological mapping is ongoing in the northern underexplored region of the property

Soil and Rock Sampling
Detailed soil grids have been completed at several key zones and property wide soils are ongoing
Results from soil and rock geochemistry could provide anomalous areas for expansion on known zones and provide indicators for new discovery zones

Infrastructure
Bridge capacity upgrades were completed in May and have capacity for 60 tonnes
Video highlighting the road accessible nature of the project – Benchmark YouTube https://www.youtube.com/watch?v=y-iW2DUznow

The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101.

About Benchmark Metals Inc.

Benchmark Metals Inc. is a Canadian mineral exploration company focused on proving and developing the substantial resource potential of the Lawyer's Gold and Silver Project, located in the prolific Golden Horseshoe of northern British Columbia, Canada. The Company trades on the TSX Venture Exchange in Canada, the OTCQB Venture Market in the United States, and the Tradegate Exchange in Europe. Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production.

Benchmark is a member of the Metals Group of Companies, led by a dynamic group of resource sector professionals with a long track record of success in evaluating and advancing mining projects from exploration through to production; attracting capital and overcoming adversity to deliver exceptional shareholder value.

ON BEHALF OF THE BOARD OF DIRECTORS
s/ "John Williamson"
John Williamson, Chief Executive Officer

For further information, please contact:
Jim Greig
Email: jimg@BNCHmetals.com
Telephone: +1 604 260 6977

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release may contain certain "forward looking statements". Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/60245

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Jaguar Mining Reports First Quarter 2020 Financial Results, Free Cash Flow and Stronger Liquidity

TORONTO, ON / ACCESSWIRE, May 13, 2020 – (ACN Newswire) – Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG) today announced financial results for the first quarter ("Q1 2020") ended March 31, 2020. All figures are in US Dollars, unless otherwise expressed.







Q1 2020 Financial Highlights

– Gold production increased 28% with 21,008 ounces compared to 16,365 ounces in Q1 2019;
– Consolidated Cash Operating Costs ("COC") decreased 20% to $693 per ounce mainly due to increase in head-grade and devaluation of the BRL currency;
– Consolidated All-in Sustaining Costs ("AISC") decreased 23% to $1,103 per ounce;
– Net Income of $12.3 million; cash generated from operating activities of $8.6 million;
– Sustaining capital expenditures of $6.6 million invested in development and mining equipment, with free cash flow of $2.1 million;
– Free cash flow was $2.1 million for Q1 2020, compared to negative $4.6 million in Q1 2019. Free cash flow was lower than expected due to approximately 2,000 ounces sold on March 31, 2020, for which the payment was received in April due to COVID-19 related logistics issues. Had the payment been received in March, the free cash flow would have been $5.3 million.
– Strong liquidity as at March 31, 2020, with a cash and sold bullion receivable of $15.6 million, as compared to $11.7 million of cash and unsold bullion on December 31, 2019;
– Delivered into all gold option contracts and is completely unhedged at the end of Q1 2020.

Vern Baker, President and CEO of Jaguar Mining stated: "During Q1 2020, we continued improving production numbers as we move toward our sustainable goal of 25,000 ounces per quarter. Q1 2020 is our second quarter in a row with positive free cash flow, and the fourth quarter in a row with increasing ounce production. With the fulfillment of the last option contracts Jaguar is unhedged. I would like to thank our team of miners in Brasil for their efforts and commitment. This is especially evident as we deal with the COVID-19 crisis. The team has maintained focus, operating safely and continuing to build the company's capacity for sustainable production.

While the COVID-19 issue remains a critical theme in operations, the team is committed to continuing our path toward 25,000 ounces per quarter. Coupled with the current gold price and favourable exchange rate the steady expected improvement of production will show up in increasingly stronger financials each quarter this year."

Vern added, "Pilar Gold Mine had its highest production quarter on record at 11,521 ounces. Turmalina Gold Mine production was consistent with the prior quarter at 9,487 ounces, and development rates are sufficient to see the augmentation of production in the second half of the year.

In Q1 2020 we completed our option contracts (6,700 ounces at $1,363 per ounce) and completely unhedged. Bank debt is $4.8 at March 31, 2020. All the bank debt is held by Brazilian banks and is unsecured."

Q1 2020 Financial Results
Image 1: http://acnnewswire.com/topimg/JAG_1Q20201.jpg
Image 2: http://acnnewswire.com/topimg/JAG_1Q20202.jpg

Cash Position and Use of Funds

– Strong treasury position as at March 31, 2020, with a cash and unsold bullion balance of $15.6 million as compared to $11.7 million of cash and unsold bullion on December 31, 2019. As of the end of Q1 2020, the Company is completely unhedged on gold price.
– As at March 31, 2020, working capital was $12.5 million, compared to $9.4 million as at December 31, 2019, which includes $4.8 million in loans from Brazilian banks, which mature every six months and are expected to be rolled forward.

Qualified Persons

Scientific and technical information contained in this press release has been reviewed and approved by Jonathan Victor Hill, BSc (Hons) (Economic Geology – UCT), Senior Expert Advisor Geology and Exploration to the Jaguar Mining Management Committee, who is also an employee of Jaguar Mining Inc., and is a "qualified person" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").

The Iron Quadrangle

The Iron Quadrangle has been an area of mineral exploration dating back to the 16th century. The discovery in 1699-1701 of gold contaminated with iron and platinum-group metals in the southeastern corner of the Iron Quadrangle gave rise to the name of the town Ouro Preto (Black Gold). The Iron Quadrangle contains world-class multi-million-ounce gold deposits such as Morro Velho, Cuiaba, and Sao Bento. Jaguar holds the second largest gold land position in the Iron Quadrangle with just over 25,000 hectares.

About Jaguar Mining Inc.

Jaguar Mining Inc. is a Canadian-listed junior gold mining, development, and exploration company operating in Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims covering an area of approximately 64,000 hectares. The Company's principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex and Caete Mining Complex (Pilar and Roca Grande Mines, and Caete Plant). The Company also owns the Paciencia Gold Mine Complex, which has been on care and maintenance since 2012. The Roca Grande Mine has been on temporary care and maintenance since April 2019. Additional information is available on the Company's website at www.jaguarmining.com.

For further information please contact:

Vernon Baker
Chief Executive Officer
Jaguar Mining Inc.
vernon.baker@jaguarmining.com
416-847-1854

Hashim Ahmed
Chief Financial Officer
Jaguar Mining Inc.
hashim.ahmed@jaguarmining.com
416-847-1854

Forward-Looking Statements

Certain statements in this news release constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking statements and information are provided for the purpose of providing information about management's expectations and plans relating to the future. All of the forward-looking information made in this news release is qualified by the cautionary statements below and those made in our other filings with the securities regulators in Canada. Forward-looking information contained in forward-looking statements can be identified by the use of words such as "are expected," "is forecast," "is targeted," "approximately," "plans," "anticipates," "projects," "anticipates," "continue," "estimate," "believe" or variations of such words and phrases or statements that certain actions, events or results "may," "could," "would," "might," or "will" be taken, occur or be achieved. All statements, other than statements of historical fact, may be considered to be or include forward-looking information. This news release contains forward-looking information regarding, among other things, expected sales, production statistics, ore grades, tonnes milled, recovery rates, cash operating costs, definition/delineation drilling, the timing and amount of estimated future production, costs of production, capital expenditures, costs and timing of the development of projects and new deposits, success of exploration, development and mining activities, currency fluctuations, capital requirements, project studies, mine life extensions, restarting suspended or disrupted operations, continuous improvement initiatives, and resolution of pending litigation. The Company has made numerous assumptions with respect to forward-looking information contained herein, including, among other things, assumptions about the estimated timeline for the development of its mineral properties; the supply and demand for, and the level and volatility of the price of, gold; the accuracy of reserve and resource estimates and the assumptions on which the reserve and resource estimates are based; the receipt of necessary permits; market competition; ongoing relations with employees and impacted communities; political and legal developments in any jurisdiction in which the Company operates being consistent with its current expectations including, without limitation, the impact of any potential power rationing, tailings facility regulation, exploration and mine operating licenses and permits being obtained and renewed and/or there being adverse amendments to mining or other laws in Brazil and any changes to general business and economic conditions. Forward-looking information involves a number of known and unknown risks and uncertainties, including among others: the risk of Jaguar not meeting the forecast plans regarding its operations and financial performance; uncertainties with respect to the price of gold, labour disruptions, mechanical failures, increase in costs, environmental compliance and change in environmental legislation and regulation, weather delays and increased costs or production delays due to natural disasters, power disruptions, procurement and delivery of parts and supplies to the operations; uncertainties inherent to capital markets in general (including the sometimes volatile valuation of securities and an uncertain ability to raise new capital) and other risks inherent to the gold exploration, development and production industry, which, if incorrect, may cause actual results to differ materially from those anticipated by the Company and described herein. In addition, there are risks and hazards associated with the business of gold exploration, development, mining and production, including environmental hazards, tailings dam failures, industrial accidents and workplace safety problems, unusual or unexpected geological formations, pressures, cave-ins, flooding, chemical spills, procurement fraud and gold bullion thefts and losses (and the risk of inadequate insurance, or the inability to obtain insurance, to cover these risks). Accordingly, readers should not place undue reliance on forward-looking information.

For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company's most recent Annual Information Form and Management's Discussion and Analysis, as well as other public disclosure documents that can be accessed under the issuer profile of "Jaguar Mining Inc." on SEDAR at www.sedar.com. The forward-looking information set forth herein reflects the Company's reasonable expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

Non-IFRS Measures

This news release provides certain financial measures that do not have a standardized meaning prescribed by IFRS. Readers are cautioned to review the below stated footnotes where the Company expands on its use of non-IFRS measures.

1. Cash operating costs and cash operating cost per ounce are non-IFRS measures. In the gold mining industry, cash operating costs and cash operating costs per ounce are common performance measures but do not have any standardized meaning. Cash operating costs are derived from amounts included in the Consolidated Statements of Comprehensive Income (Loss) and include mine-site operating costs such as mining, processing and administration, as well as royalty expenses, but exclude depreciation, depletion, share-based payment expenses, and reclamation costs. Cash operating costs per ounce are based on ounces produced and are calculated by dividing cash operating costs by commercial gold ounces produced; US$ cash operating costs per ounce produced are derived from the cash operating costs per ounce produced translated using the average Brazilian Central Bank R$/US$ exchange rate. The Company discloses cash operating costs and cash operating costs per ounce, as it believes those measures provide valuable assistance to investors and analysts in evaluating the Company's operational performance and ability to generate cash flow. The most directly comparable measure prepared in accordance with IFRS is total production costs. A reconciliation of cash operating costs per ounce to total production costs for the most recent reporting period, the quarter ended March 31, 2020, is set out in the Company's first quarter 2020 Management Discussion and Analysis (MD&A) filed on SEDAR at www.sedar.com.

2. All-in sustaining cost is a non-IFRS measure. This measure is intended to assist readers in evaluating the total costs of producing gold from current operations. While there is no standardized meaning across the industry for this measure, except for non-cash items the Company's definition conforms to the all-in sustaining cost definition as set out by the World Gold Council in its guidance note dated June 27, 2013. The Company defines all-in sustaining cost as the sum of production costs, sustaining capital (capital required to maintain current operations at existing levels), corporate general and administrative expenses, and in-mine exploration expenses. All-in sustaining cost excludes growth capital, reclamation cost accretion related to current operations, interest and other financing costs, and taxes. A reconciliation of all-in sustaining cost to total production costs for the most recent reporting period, the quarter ended March 31, 2020, is set out in the Company's first quarter 2020 MD&A filed on SEDAR at www.sedar.com.

SOURCE: Jaguar Mining Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Annual Report on Form 20-F for Fiscal Year 2019 of Aluminum Corporation of China Limited Now Available

BEIJING, Apr 23, 2020 – (ACN Newswire) – Aluminum Corporation of China Limited (the "Company"; NYSE "ACH"; SEHK "2600"; SSE "601600") announces that the Company's annual report for the 2019 fiscal year filed with the SEC on April 22, 2020 can be accessed via the following link:

http://www.chalco.com.cn/chalcoen/tzzgx/pr/webinfo/2020/04/1587581225293050.htm.

A paper copy of the Company's complete annual report will be provided to any shareholder without charge upon written request to Aluminum Corporation of China Limited at No. 62 North Xizhimen Street, Haidian District, Beijing, PRC 100082.

Background information:

Aluminum Corporation of China Limited is a leading enterprise in non-ferrous metal industry in China. The scope of business of the Company primarily includes bauxite and coal mining, alumina refining, primary aluminum smelting, trading of alumina, primary aluminum, other non-ferrous metal products, coal products and raw and ancillary materials in bulk and power generation. The Company was established as a joint stock limited company incorporated in the People's Republic of China. The Company's American Depository Shares and H Shares are listed on the New York Stock Exchange, Inc. and the Stock Exchange of Hong Kong Limited respectively. The Company's A Shares are listed on the Shanghai Stock Exchange.

For further queries, please visit http://www.chalco.com.cn



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Annual Report on Form 20-F for Fiscal Year 2019 of Aluminum Corporation of China Limited Now Available

BEIJING, Apr 23, 2020 – (ACN Newswire) – Corporation of China Limited (the "Company"; NYSE "ACH"; SEHK "2600"; SSE "601600") announces that the Company's annual report for the 2019 fiscal year filed with the SEC on April 22, 2020 can be accessed via the following link:

http://www.chalco.com.cn/chalcoen/tzzgx/pr/webinfo/2020/04/1587581225293050.htm.

A paper copy of the Company's complete annual report will be provided to any shareholder without charge upon written request to Aluminum Corporation of China Limited at No. 62 North Xizhimen Street, Haidian District, Beijing, PRC 100082.

Background information:

Aluminum Corporation of China Limited is a leading enterprise in non-ferrous metal industry in China. The scope of business of the Company primarily includes bauxite and coal mining, alumina refining, primary aluminum smelting, trading of alumina, primary aluminum, other non-ferrous metal products, coal products and raw and ancillary materials in bulk and power generation. The Company was established as a joint stock limited company incorporated in the People's Republic of China. The Company's American Depository Shares and H Shares are listed on the New York Stock Exchange, Inc. and the Stock Exchange of Hong Kong Limited respectively. The Company's A Shares are listed on the Shanghai Stock Exchange.

For further queries, please visit http://www.chalco.com.cn


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TANAKA Memorial Foundation Announces Recipients of Precious Metals Research Grants

TOKYO, Mar 31, 2020 – (ACN Newswire) – The TANAKA Memorial Foundation's Representative Director, Hideya Okamoto, announced the recipients of the FY2019 Precious Metals Research Grants.

Following a rigorous screening process, Gold Awards, each for 2 million yen, were presented to Professor Yasuhiro Konishi of Osaka Prefecture University and Associate Professor Kazuhiko Yamada of Kochi University. In addition, five research projects received Silver Awards, and two Young Researcher Awards were granted.

The TANAKA Memorial Foundation undertakes programs designed to foster developments in new precious metal fields while contributing to the advancement of science, technology, and socio-economics for the overall enrichment of society. The research grant program was launched in FY1999 and has continued each year since with the goal of supporting the various challenges of the "new world opened up by precious metals." This year, the program's 21st year, a total of 198 applications were received in a wide range of fields where precious metals can make contributions to the research and development of new technologies. A total of 16.1 million yen in research grants was awarded for 26 projects.

The names of the two Gold Award recipients, their research, and the reasons for their selection are below.

– Professor Yasuhiro Konishi, Osaka Prefecture University
Development of recycling technology that creates an industry for recycling precious metals from global e-waste
This research seeks to create a method of highly efficient selective recovery of precious metals in a liquid by using bread yeast (a common product) as a separating agent. Professor Konishi is researching the separation and recovery of precious metals through a simple technique using bread yeast that can be applied by anyone (not only in developed countries, but in developing countries as well). This research was highly rated for the creation of precious metal recycling technology that is less expensive, more efficient, uses less energy, and produces less carbon emissions than earlier techniques while offering the possibility of building a foundation for the promotion of an e-waste resource recycling industry.

– Associate Professor Kazuhiko Yamada, Kochi University
Elucidation of the mysterious surface of gold at a molecular level
This research seeks to elucidate the mysterious surface of gold at a molecular level using the world's only next-generation nuclear magnetic resonance (NMR) device that can measure gold (197 Au). Gold has numerous applications as an industrial material in electronic components, optical sensors, catalysts, medical and diagnostic equipment and materials, and bonding agents, but there are not clear explanations of its organic bond structures and dynamic molecular behavior. By developing and introducing a high-sensitivity measurement system using NMR techniques, it will be possible to explain the structures and dynamic molecular behavior of organic metal bonds, and this research was highly rated for the potential to accelerate research and development.

Five Silver Awards, two Young Researcher Awards, and 17 Encouragement Awards were also granted. The recipients and an overview of the Precious Metals Research Grants are indicated below. Applications for the FY2020 research granted are scheduled to open in the fall.

List of FY2019 Precious Metals Research Grants Recipients

– Platinum Award (0 award, 5 million yen)
Non granted

– Gold Award (2 awards, 2 million yen each)

Yasuhiro Konishi, Professor, Osaka Prefecture University
Development of recycling technology that creates an industry for recycling precious metals from global e-waste

Kazuhiko Yamada, Associate Professor, Kochi University
Elucidation of the mysterious surface of gold at a molecular level

– Silver Awards (5 awards, 1 million yen each)

Norihiro Murayama, Professor, Kansai University
Development of an innovative gold separation and recovery process using a new organic reducing agent

Keisuke Ohto, Professor, Saga University
Sequential recovery of precious metals using a micro-reactor system

Takeshi Tsuji, Associate Professor, Shimane University
Creation of a method for production of binder-free platinum sub-micron particles

Toshinori Fujie, Lecturer, Tokyo Institute of Technology
Development of a wireless power supply on-body blood glucose sensor using digital fabrication

Hironori Ohba, Senior Principal Researcher, National Institutes for Quantum and Radiological Science and Technology
Creation of a precious metal continuous recovery system using laser atomization separation

– Young Researcher Awards (2 awards, 1 million yen each)

Akihiro Yoshimura, Assistant Professor, Chiba University
Creation of an innovative platinum-group metal recycling process using solid aqua regia

Yoshiaki Nishijima, Associate Professor, Yokohama National University
Excess hydrogen exposure response of gold-palladium alloys and hydrogen sensor applications

– Encouragement Award (17 awards, 300,000 yen each)

Hideaki Sasaki, Senior Assistant Professor, Ehime University
Teppei Araki, Assistant Professor, Osaka University
Chen Chuantong, Specially Appointed Associate Professor, Osaka University
Shingo Fukuda, Assistant Professor, Kanazawa University
Yoshiki Shimizu, Research Group Leader, National Institute of Advanced Industrial Science and Technology
Satoshi Hinokuma, Senior Researcher, National Institute of Advanced Industrial Science and Technology
Yasuo Suzuki, Visiting Professor, University of Shizuoka
Jiro Kondo, Associate Professor, Sophia University
Makoto Tanabe, Specially Appointed Associate Professor, Tokyo Institute of Technology
Shintaro Yasui, Assistant Professor, Tokyo Institute of Technology
Kazuhito Tabata, Associate Professor, The University of Tokyo
Junsaku Nitta, Professor, Tohoku University
Shinnosuke Horiuchi, Assistant Professor, Nagasaki University
Takeshi Kato, Associate Professor, Nagoya University
Akinobu Yamaguchi, Associate Professor, University of Hyogo
Kuniaki Nagamine, Associate Professor, Yamagata University
Kaoru Ohno, Professor, Yokohama National University

Overview of the 2019 Precious Metals Research Grants

Conditions:
– New technology related to precious metals.
– Research and development related to precious metals that bring about innovative evolution in products.
– Research and development of new products using precious metals.
*Precious metal refers to eight elements of platinum, gold, silver, palladium, rhodium, iridium, ruthenium and osmium.
*If development is conducted jointly (or planned to be) with other material manufacturers, please indicate so.
*Products that have already been commercialized, put to practical use, or that are planned are not eligible.

Grant amounts:
– Platinum Award: 5 million yen (1 award)
– Gold Award: 2 million yen (1 award)
– Silver Awards: 1 million yen (4 awards)
– Young Researcher Awards: 1 million yen (2 awards)
– Encouragement Award: 300,000 yen (several awards)
*The grant amount is treated as a scholarship donation.
*Awards may not be granted in some cases.
*The number of awards is subject to change.

Eligible Candidates:
– Personnel who belong to (or work for) educational institutions in Japan (universities, graduate schools, or technical colleges), or public and related research institutions.
– As long as the applicant is affiliated with a research institution in Japan, the base of activity can be in Japan or overseas.
– The Young Researcher Awards are for researchers under the age of 37 as of April 1, 2019.

Application period:
– 9am, September 2, 2019 (Mon) – 5pm, November 29, 2019 (Fri)

Inquiries concerning the research grant program:
Precious Metals Research Grants Office
Marketing Department, TANAKA Kikinzoku Kogyo K.K.
22F Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo 100-6422
TEL: 03-6311-5596 FAX: 03-6311-5529 E-mail: joseikin@ml.tanaka.co.jp
TANAKA Memorial Foundation website: https://tanaka-foundation.or.jp

Press release: http://www.acnnewswire.com/clientreports/598/331.pdf

TANAKA Memorial Foundation

Established: April 1, 2015
Address: 22F Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Hideya Okamoto (Senior Advisor to TANAKA Holdings Co., Ltd.)
Purpose of Business: To provide grants for research related to precious metals to contribute to the development and cultivation of new fields for precious metals, and to the development of science, technology, and the social economy.
Areas of Business:
– Provision of grants for scientific and technological research related to precious metals.
– Recognition of excellent analysis of precious metals and holding of seminars and other events.

TANAKA Kikinzoku Kogyo K.K.

Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Akira Tanae, Representative Director & CEO
Founded: 1885
Incorporated: 1918
Capital: 500 million yen
Employees: 2,332 (including overseas subsidiaries) (as of March 31, 2019)
Sales: 765,869,423,000 yen (FY2018)
Main businesses: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products.
Website: https://tanaka-preciousmetals.com

Press Inquiries
TANAKA HOLDINGS Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Blockpass, J. Rotbart & Co. Partner to Offer Precious Metal Services to PASS Club Members

HONG KONG, Mar 10, 2020 – (ACN Newswire) – Blockpass IDN and J. Rotbart & Co. today unveiled a partnership to offer precious metal services to PASS Club members, including six month gold storage for free.





J. Rotbart & Co. is a boutique firm specializing in physical precious metals and other tangible assets, assisting clients in Hong Kong and Singapore purchase, sell, store and transport precious metals and other tangible assets.

Blockpass provides KYC-as-a-Service to businesses that operate in regulated industries, including crypto wallets, exchanges and financial services. From the Blockpass App, users can easily create a verified portable identity that can be used to onboard with any service in the Blockpass ecosystem.

PASS Club is a members-only club for users of the Blockpass App. PASS Club members have access to exclusive content, including webinars, events, research articles and more. Of particular value to members, services within the Blockpass ecosystem will offer members exclusive deals from time to time, including special discounts on financial services, IEO's, chances to earn PASS Tokens, bounty campaigns and more.

Joshua Rotbart, the managing partner of J. Rotbart & Co., said: "For over 3,000 years, gold has served as a secure, stable and liquid asset, and we believe that there is no better way to secure investors' future than by buying physical gold, especially in today's volatile investment landscape. We are extremely pleased to offer Blockpass users access to this asset class, and to offer our clients an easy KYC gateway service such as Blockpass."

"Gold is a safe asset when the world is unstable and so is bitcoin now. J. Rotbart & Co. makes it easy to buy and store gold and they also offer gold to bitcoin and bitcoin to gold services," said Blockpass CEO Adam Vaziri. "We are very happy to bring their services to our Blockpass users giving them one click access to a high quality personal service for gold purchase and storage."

Blockpass released its Mobile App in May 2018, and released its KYC Connect solution shortly after. From there, Blockpass went on to add a series of enhancements to the service. KYC Connect is a comprehensive, GDPR compliant KYC-as-a-Service software which can be used for any regulated industry. Partners in the Blockpass ecosystem include Waves, Tokenomica, Bitfinex, Polymath and BnkToTheFuture.

About Blockpass IDN

Blockpass offers digital identity verification for businesses that participate in regulated industries, including crypto wallets and exchanges, virtual banks, traditional financial institutions and gaming. Blockpass provides an alternative process to cumbersome, repetitive and expensive Know Your Customer (KYC) and Anti-Money Laundering (AML) verification through an easy-to-use mobile application and seamless merchant dashboard. For individuals, Blockpass is a secure, user-centric gateway to financial services and other regulated offerings, allowing one click KYC submission. Blockpass alleviates the pain of opening new accounts and redoing KYC over and over. Registered in Hong Kong, Blockpass IDN is a joint venture of Infinity Blockchain Labs and Chain of Things.

For more information and updates, please visit and sign up to the following:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Medium: https://medium.com/@blockpass
Twitter: https://twitter.com/BlockpassOrg
Facebook: https://www.facebook.com/blockpassorg/
Telegram: https://t.me/blockpass

About J. Rotbart & Co.

J. Rotbart & Co. is a Hong Kong based family owned company specializing in providing solutions for investment in physical precious metals. The company assists clients (individuals and families, investment firms and private banks) buy, sell, transport and store physical precious metals: gold, silver, platinum, palladium. The company sources bullion bars and coins for its clients as an alternative investment, as a tool for portfolio diversification, or as part of their wealth protection strategy. J. Rotbart & Co. also accepts cryptocurrency as means of payment and assists clients to convert their very volatile cryptos to a stable asset as physical gold and vice versa.

For more information and updates, please visit and sign up to the following:
Website: http://www.jrotbart.com
Facebook: https://www.facebook.com/jrotbartandco/
Linkedin: https://www.linkedin.com/company/j.rotbart-&-co/?viewAsMember=true

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com