TORONTO, April 14, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") announces that it will not proceed with the previously announced private placement with Ambrosia Investment Holding L.L.C – S.P.C ("Ambrosia") as certain conditions precedent to the completion of the private placement were not secured. As the $3.40 price protection provided by the Toronto Stock Exchange for the private placement was set to expire, the Company chose not to request a further e ...

VANCOUVER, BC, April 14, 2025 /PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce that it has mobilized drilling equipment and geological staff in order to initiate its previously announced exploration program at its 100% owned São Jorge Project ("São Jorge" or the "Project") in the Tapajós gold district, Pará State, Brazil. The program is the largest exploration program initiated by the Company to date.Highlights: Figure 1 – Tapajós G ...

Three gold stocks: Which one should you buy?At long last, it's Friday, and a turbulent week of selling, buying, and even more selling is at an end.Investors seem exhausted by the roller-coaster week. Major market indices are slightly in the green as traders pause in relief, unfazed by the latest economic news that China is retaliating from the most recent U.S. tariffs hike on Chinese exports (to 145%) by raising its own tariff on U.S. exports to 125%. Gold stocks, meanwhile, are looking like one bright pock ...

TORONTO, April 11, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) will release its Q1 2025 results on Wednesday, May 7, 2025. President and CEO Mark Bristow will host a live presentation of the results that day at 11:00 EDT, with an interactive webinar linked to a conference call. Participants will be able to ask questions. Q1 RESULTS ANNOUNCEMENT Q1 Results releaseMay 7, 6:00 EDT / 10:00 UTCQ1 Results live presentation and webinarMay 7, 11:00 EDT / 15:00 UTCGo to the webinarConferen ...

Group 1: Amazon - Amazon could benefit significantly if tariffs lead to increased consumer buying power and reshoring of manufacturing, as more consumers may shop on its platform and utilize its cloud services [2][3] - The stock price of Amazon remains over 20% below its previous high, presenting a potential buying opportunity for long-term investors if Trump's tariff policy is successful [4] Group 2: Vertex Pharmaceuticals - Vertex Pharmaceuticals is positioned to perform well in a scenario where tariffs lead to higher inflation and slower economic growth, as it markets the only approved therapies for cystic fibrosis and is expanding its product offerings [5][6] - The company is also evaluating drugs in late-stage testing for kidney diseases and has a potential cure for severe type 1 diabetes, indicating strong future growth prospects [7] Group 3: Barrick Gold - Barrick Gold is likely to perform well in a worst-case scenario of a global trade war and recession, as gold is traditionally viewed as a safe haven during economic turmoil [8][10] - The average analyst's 12-month price target for Barrick Gold suggests an upside potential of around 27%, indicating strong investor interest in the stock amid market volatility [10]

Barrick Gold Corporation (GOLD) recently stated that Reko Diq Joint Venture (JV) shareholders have approved the project's revised Feasibility Study and conditionally approved related Phase 1 development capital, subject to the closing of up to $3 billion in limited recourse project financing. The approval clears the way for significant works to begin in 2025, with the goal of starting production by the end of 2028. In addition, the shareholders have selected Fluor Corporation as the main Engineering, Procur ...

Core Insights - Barrick Gold Corporation has received shareholder approval for the updated Feasibility Study of the Reko Diq Joint Venture and conditional approval for Phase 1 development capital, pending up to $3 billion in limited recourse project financing, with major works expected to commence in 2025 and first production targeted by the end of 2028 [1][3][4] Project Development - The project is located in Balochistan, Pakistan, and is recognized as one of the world's largest undeveloped copper-gold projects [3][4] - Fluor Corporation has been selected as the lead Engineering, Procurement and Construction Management (EPCM) partner, collaborating with Barrick's Owner's Team for detailed design and construction [2][4] - The project aims to deliver large-scale mining operations safely and responsibly, with a focus on maximizing local content and community development [5][6] Partnerships and Expertise - Key partners for the project include Metso, Weir, and Komatsu, who will provide the majority of processing and mining equipment [5] - The engineering and supply partnerships are expected to leverage extensive global experience in delivering large copper concentrate projects in challenging environments [6]

Core Viewpoint - Newmont Corporation (NEM) and Barrick Gold Corporation (GOLD) are two leading gold mining companies, both benefiting from soaring gold prices due to global economic uncertainties and trade tensions, making them relevant for investors in the precious metals sector [1][2]. Group 1: Newmont Corporation (NEM) - Newmont is focused on growth projects, including the Tanami Expansion 2 in Australia and the Ahafo North expansion in Ghana, which are expected to enhance production capacity and extend mine life [4]. - The acquisition of Newcrest Mining Limited has created a robust portfolio, with expected annual run-rate synergies of $500 million, enhancing shareholder value [5]. - Newmont's attributable gold production increased by approximately 9% year over year in Q4 2024, with divestitures expected to yield total gross proceeds of $4.3 billion [6]. - The company reported liquidity of $7.7 billion at the end of 2024, with operating cash flow from continuing operations rising to $6.3 billion, up from $2.8 billion in 2023 [7]. - Newmont returned $1.1 billion to shareholders through dividends and share repurchases in 2024, with a dividend yield of 2.3% and a payout ratio of 29% [8]. - However, Newmont faces challenges with rising production costs, with gold costs applicable to sales increasing by roughly 7% year over year in 2024, and all-in-sustaining costs projected to rise to $1,630 per ounce in 2025 [9]. Group 2: Barrick Gold Corporation (GOLD) - Barrick has made a strong recovery in 2024, driven by rising gold prices, despite facing high production costs and operational issues in the previous year [11]. - The company is advancing key growth projects, including Goldrush and the Pueblo Viejo plant expansion, which are expected to significantly boost production [12]. - Barrick reported cash and cash equivalents of approximately $4.1 billion at the end of 2024, with operating cash flows increasing by 20% year over year to around $4.5 billion [13]. - The company returned about $1.2 billion to shareholders in 2024, with a dividend yield of 2.3% and a payout ratio of 31% [13]. - Barrick's cash costs per ounce of gold and all-in-sustaining costs increased by around 11% year over year in 2024, with projections for 2025 indicating further increases [14]. Group 3: Price Performance and Valuation - Year to date, NEM stock has increased by 18.7%, while GOLD stock has gained 14%, compared to the Zacks Mining – Gold industry's increase of 24.9% [15]. - NEM is trading at a forward 12-month earnings multiple of 13.62X, representing a 12% discount to the industry average of 15.55X [16]. - The Zacks Consensus Estimate for NEM's 2025 sales and EPS indicates declines of 3.6% and 7.2%, respectively, while GOLD's estimates suggest growth of 4.7% and 10.3% [18][21]. - Barrick appears more attractively priced with a forward earnings multiple of 12.44X, lower than its five-year median and below the industry average [19]. Group 4: Investment Outlook - Both NEM and GOLD are well-positioned to benefit from the surge in gold prices, demonstrating strong financial performance and commitment to shareholder returns [24]. - Barrick may have a slight edge over Newmont due to its more attractive valuation and positive growth projections, suggesting better investment prospects in the current market environment [25].

Barrick Gold Corporation (GOLD) is progressing with its growth projects, aiming for a 30% increase in gold equivalent ounces by the end of the decade. Barrick met its targets for 2024, achieving its gold and copper production guidance amid a challenging backdrop. The company also enhanced its financial performance, posting a 69% rise in net earnings—the highest in 10 years—along with 20% growth in operating cash flow and a doubling of free cash flow from 2023 despite facing higher costs.The company has been ...

Ta b l e o f C o n t e n t s E x hibit 9 9.1 Table of Contents Inside this Circular | Letter from the Chairman | II | | --- | --- | | Letter from the Lead Director | IV | | Notice of 2025 Annual and Special Meeting | 1 | | Key Terms | 2 | | Meeting and Voting Information | 4 | | Business of the Meeting | 11 | | Barrick's Financial Statements | 11 | | Electing Directors | 11 | | Appointing the Auditor | 11 | | Say on Pay Advisory Vote | 12 | | Name Change | 12 | | Other Business | 13 | | Our Commitment to Co ...