VANCOUVER, BC, May 9, 2025 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX:GAU) (NYSE American: GAU) advises its Annual General Meeting of shareholders ("AGM") will be held virtually on Thursday, June 12, 2025, at 10:00 am PDT. Shareholders who intend to participate in the AGM should refer to the Company's management information circular (the "Proxy Circular") for details regarding how to participate.The AGM is being held to: (i) receive the audited financial statements of the Company for ...

TORONTO, May 8, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") announces that, following the requisite approval of the Company's shareholders at the 2025 Annual General and Special Meeting of Shareholders held earlier today, the Company's board of directors has approved the consolidation (the "Consolidation") of the Company's issued and outstanding common shares (the "Common Shares") on the basis of one (1) post-Consolidation Common Share for every three ( ...

TORONTO, May 8, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) herein announces the results of the votes cast at the annual and special meeting of shareholders of the company held today for the election of directors, the appointment of auditors, and the approval of the share consolidation.  Detailed results of the votes are presented below.Voting results for the election of directors are as follows: Votes By Poll Outcome of Vote Votes For Votes Withheld (1)     John Bear ...

AngloGold Ashanti PLC (AU) and Barrick Mining Corporation (GOLD) are leading global gold mining names with diversified operations across multiple continents. Gold prices have gained 28% so far this year. This has been supported by safe-haven demand amid geopolitical uncertainty, escalating trade tensions, stock market volatility and U.S. dollar weakness during this period. This trend is expected to continue, fueled by robust central bank buying; expanding industrial use in energy, healthcare and technology; ...

Shares of Barrick Gold (GOLD) have gained 3.2% over the past four weeks to close the last trading session at $19.40, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $24.39 indicates a potential upside of 25.7%.The mean estimate comprises 16 short-term price targets with a standard deviation of $2.90. While the lowest estimate of $21 indicates an 8.3% increase from the current pr ...

Barrick Gold Corporation (GOLD) recorded net earnings (on a reported basis) of $474 million or 27 cents per share for first-quarter 2025. The figure improved from a profit of $295 million or 17 cents per share in the year-ago quarter.Barring one-time items, adjusted earnings per share were 35 cents. The figure beat the Zacks Consensus Estimate of 29 cents.Barrick recorded total sales of $3,130 million, up roughly 13.9% year over year.(Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)G ...

Core Viewpoint - Gold Royalty Corp. reported continued year-over-year revenue growth and positive operating cash flow for Q1 2025, driven by advancements in key assets within its portfolio, including the Borborema mine which achieved initial production [2][5]. Financial Highlights - Total revenue for Q1 2025 was $3.138 million, up from $2.894 million in Q1 2024, representing an increase of approximately 8.4% [5]. - The net loss decreased to $1.255 million in Q1 2025 from $1.405 million in Q1 2024, indicating improved financial performance [5]. - Cash provided by operating activities was $2.487 million, a significant increase from $336,000 in the same quarter of the previous year [5]. - Adjusted EBITDA for Q1 2025 was $1.663 million, down from $2.020 million in Q1 2024 [5]. Portfolio Update - The Borborema Project is expected to produce between 33,000 to 40,000 ounces of gold in 2025, with initial production achieved in Q1 2025 [7][8]. - The company anticipates achieving a total of 5,700 to 7,000 Gold Equivalent Ounces (GEOs) in 2025, with production weighted towards the second half of the year [34][35]. - The Côté Gold Mine has achieved record throughput, with IAMGOLD targeting to reach nameplate capacity by the end of 2025 [14][35]. Operational Efficiency - The company maintains low operating costs, with only approximately $0.02 million spent on maintaining mineral interests in Q1 2025 [33]. - The royalty generator model has successfully added two new royalties in the first quarter of 2025, contributing to the overall growth strategy [32]. Future Outlook - The company expects to achieve positive free cash flow in 2025 as several cash-flowing projects ramp up, including the Côté Gold mine and Vareš mine [35]. - The forecast for 2025 includes an assumed gold price of $2,668 per ounce and a copper price of $4.23 per pound, supporting the growth outlook [34].

Core Insights - Allied Gold Corporation reported first quarter 2025 production of 84,040 gold ounces with total cost of sales, cash costs, and All-in Sustaining Costs (AISC) per ounce sold at $1,838, $1,656, and $1,811 respectively, aligning with mine plans and positioning the company to meet its annual guidance [1][9][15] Financial Results Highlights - First quarter net earnings were $15.1 million or $0.05 per share, with adjusted earnings of $45.1 million or $0.14 per share [9][54] - Revenue for the quarter was $346.4 million, significantly up from $175.1 million in the same period last year [54] - The company generated net cash from operating activities of $121.1 million, with EBITDA of $103.2 million and adjusted EBITDA of $133.8 million [9][54] Operational Highlights - The Sadiola mine produced 45,232 ounces, Bonikro produced 19,671 ounces, and Agbaou produced 19,137 ounces during the quarter [9][52] - The company is advancing the Kurmuk Project, with $56.2 million spent in the first quarter, and is on track to commence production by mid-2026 [4][50][51] - The first phase of expansion at Sadiola is progressing on schedule and budget, with expected production of 200,000 to 230,000 ounces per year post-expansion [6][26] Growth Initiatives - The company is pursuing a listing on the New York Stock Exchange (NYSE) to enhance financial flexibility and broaden its shareholder base, with an expected listing by mid-June 2025 [8] - A strategic partnership with Ambrosia Investment Holding is being developed to enhance power supply and support expansion plans at Sadiola [11][12] - The company is also exploring additional opportunities for optimization and expansion at Sadiola, including metallurgical test work to improve recoveries [27][28] Sustainability and Safety - The company reported no significant environmental incidents and a Total Recordable Injury Rate (TRIR) of 0.40 for the quarter, an improvement from 1.40 in the prior year [16] - Over one million man-hours were achieved without a Lost Time Injury, reflecting a commitment to safe operations [55]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

巴里克黄金公司CEO：金价更有可能保持高位，而不是下跌。 ...