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]

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 ...

Barrick Gold Corporation’s (GOLD) shares have shot up 25% in the past three months.  The rally has been largely driven by a surge in gold prices amid economic and geopolitical uncertainties. The GOLD stock has pulled off a remarkable rebound this year, following a lackluster 2024, thanks to skyrocketing gold prices. The gold giant reeled under the effects of high production costs and operational issues across certain mines, which impacted its production last year. With bullion prices continuing to zoom upwa ...

TORONTO, April 3, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is providing notice that it will release its first quarter 2025 operational and financial results after market close on Tuesday, April 29, 2025. The Company will host its first quarter 2025 earnings conference call and webcast on Wednesday, April 30, 2025 at 8:30 am Eastern Time.First Quarter 2025 Conference Call and Webcast Participants may listen to the webcast by registering on our website at ...

TORONTO, March 26, 2025 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is herein reporting its unaudited financial and operational results for the fourth quarter of 2024. Fourth quarter production of 99,632 ounces of gold was in line with the Company's previous guidance of 98,000 ounces to 102,000 ounces and is the highest production by quarter of the year and since the Company was taken public. This strong performance resulted in a full-year production of 358, ...

Vancouver, British Columbia, March 20, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. ("NevGold" or the "Company") (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has staked an additional 147 claims, approximately 1,000 hectares or 10 square kilometers, with strong geological prospectivity at the Zeus Copper Project in the emerging Hercules Copper Trend of southwestern Idaho. As highlighted in NevGold's previous News Releases from 2024 and 2025 to date (see NevGold News Releases), the Zeus ...

VANCOUVER, BC, March 20, 2025 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the filing of its operating and financial results for the three and twelve months ended December 31, 2024. All amounts are expressed in U.S. dollars unless otherwise noted.David Garofalo, Chairman and CEO of Gold Royalty, commented: "We are pleased to report record revenues and positive operating cash flows for 2024. These strong results demonstrate the built-in grow ...

Investment Strategy - The company employs a contrarian investment style, focusing on high-risk, illiquid options and shares [1] - The investment portfolio is split approximately 50%-50% between shares and call options, with a typical investment timeframe of 3-24 months [1] - The company targets stocks that have recently experienced sell-offs due to non-recurrent events, particularly when insiders are buying shares at lower prices [1] Screening and Analysis - Fundamental analysis is utilized to assess the health of companies, including their leverage and financial ratios compared to sector and industry averages [1] - Professional background checks are conducted on insiders who purchase shares after sell-offs to ensure credibility [1] - Technical analysis is employed to optimize entry and exit points, using multicolor lines for support and resistance levels on weekly charts [1]

VANCOUVER, BC, March 18, 2025 /PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce plans to commence a major exploration program on the Company's 100% owned São Jorge Project ("São Jorge" or the "Project") in the Tapajós gold district, Pará State, Brazil.Highlights: Figure 1 – Tapajós Gold District and location of the Project. (CNW Group/GoldMining Inc.) Figure 2 – São Jorge mineral system and exploration targets. (CNW Group/GoldMini ...