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RUA GOLD to Present at Conferences Across Munich, New York, Sydney, New Zealand and Zurich During the 4th Quarter of 2025
Newsfile· 2025-10-07 11:00
Core Viewpoint - Rua Gold Inc. is actively engaging with investors through a series of conferences in Q4 2025, showcasing its exploration strategy and project milestones, particularly focusing on its high-grade gold and antimony assets [1][3][4] Conference Participation - The company will present at multiple conferences including the Metals & Mining Virtual Investor Conference, Munich Mining Conference, Hidden Gems Conference, International Mining and Resources Conference (IMARC), West Coast Minerals Forum, and Swiss Mining Institute Conference [2][4][12][14] - The Metals & Mining Virtual Investor Conference is scheduled for October 7-9, 2025, where the CEO will provide project updates [4][5] - The Munich Mining Conference took place on October 3-4, 2025, attracting over 1,000 German retail investors [7][8] - The Hidden Gems Conference will occur on October 20-21, 2025, in New York, featuring both stage presentations and one-on-one meetings [9] - IMARC will be held from October 21-23, 2025, in Sydney, with participation from the COO and geologists to address investor inquiries [10][11] - The West Coast Minerals Forum is set for October 30, 2025, in New Zealand, involving panel discussions and community interactions [12] - The Swiss Mining Institute Conference will take place on November 20-21, 2025, in Zurich, focusing on exclusive presentations to professional investors [14][15] Company Strategy and Assets - Rua Gold is strategically focused on New Zealand, controlling over 120,000 hectares in the Reefton Gold District, which historically produced over 2 million ounces of gold [16][17] - The Glamorgan Project is positioned adjacent to OceanaGold Corporation's major mining project, contributing to Rua Gold's status as a leading high-grade gold explorer [17][18] - The company aims to transition from explorer to developer, capitalizing on tightening antimony supply and rising gold prices [4][16]
NEW GOLD PROVIDES NOTICE OF RELEASE OF THIRD QUARTER 2025 RESULTS AND CONFERENCE CALL
Prnewswire· 2025-10-07 10:30
Core Points - New Gold Inc. will release its third quarter 2025 operational and financial results after market close on October 28, 2025 [1] - The earnings conference call and webcast will take place on October 29, 2025, at 8:30 am Eastern Time [1] Company Overview - New Gold is a Canadian-focused intermediate mining company with two core producing assets: the New Afton copper-gold mine and the Rainy River gold mine [3] - The company's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for shareholders and stakeholders [3]
Barrick to divest stake in Tongon gold mine and exploration properties to Atlantic Group
Yahoo Finance· 2025-10-07 09:35
Core Viewpoint - Barrick Mining Corporation has agreed to divest its stake in the Tongon gold mine and certain exploration properties in Côte d'Ivoire to Atlantic Group for up to $305 million, which includes both cash payments and contingent payments based on gold prices and resource conversions [1][2]. Financial Implications - The sale proceeds will be utilized to strengthen Barrick's financial position and improve shareholder returns [2]. - The transaction includes a cash payment of $192 million, which consists of a $23 million shareholder loan repayment due within six months of closing [1]. Transaction Details - The acquisition involves Barrick's stakes in two Ivorian subsidiaries that own the mine and exploration permits [2]. - The deal is expected to close in late 2025, subject to customary closing conditions and approval from the Government of Côte d'Ivoire [3]. Economic Contribution - Since its first gold pour in 2010, the Tongon mine has contributed over $2 billion to the Ivorian economy through taxes, infrastructure development, salaries, and payments to local suppliers [3]. Company Background - Atlantic Group is a privately held pan-African conglomerate with interests in various sectors across 15 African countries, founded by an Ivorian entrepreneur 48 years ago [4]. - Barrick Mining recently signed an agreement to sell the Hemlo Gold Mine in Canada for up to $1.09 billion and announced a leadership transition with the appointment of Mark Hill as COO and interim president and CEO [4].
Barrick to sell Tongon mine in up to $305 million deal
Reuters· 2025-10-06 13:37
Core Viewpoint - Barrick Mining announced the sale of its interests in the Tongon gold mine and certain assets in Ivory Coast to Atlantic Group for up to $305 million, aiming to strengthen its financial position [1] Company Summary - The transaction involves Barrick Mining divesting its interests in the Tongon gold mine, which is a strategic move to enhance its financial stability [1] - The sale price could reach up to $305 million, indicating a significant asset liquidation for Barrick Mining [1] Industry Summary - The sale reflects ongoing trends in the mining industry where companies are optimizing their asset portfolios to focus on core operations and improve financial health [1]
WESTERN COPPER AND GOLD ANNOUNCES SUBMISSION OF ESE STATEMENT
Prnewswire· 2025-10-06 11:30
Core Viewpoint - Western Copper and Gold Corporation has submitted its Environmental and Socio-economic Effects Statement for the Casino Project, marking a significant step in the permitting process and demonstrating the project's potential for responsible development and economic benefits for the Yukon region [1][2][4]. Project Overview - The Casino Project aims to assess potential environmental and socio-economic effects, with comprehensive management measures in place to mitigate any significant impacts [3][6]. - The project is expected to contribute over C$44 billion to Canada's GDP over its 27-year mine life, with C$37 billion specifically for the Yukon [8]. Economic Impact - The Casino Project is projected to create approximately 700 direct jobs and an additional 2,000 jobs in related sectors, generating over C$12 billion in wages and salaries [8]. - It is anticipated to generate C$175 million annually in tax revenue for the Government of Yukon and C$231 million for the Government of Canada [8]. Critical Minerals Production - Casino is positioned to become one of North America's largest producers of copper and molybdenum, significantly increasing domestic production by 15% for copper and 500% for molybdenum [9]. - The project will rank as Canada's second-largest copper producer and the largest molybdenum producer [9]. Next Steps in Assessment - Following a review period, the Yukon Environmental and Socio-economic Assessment Board (YESAB) will publish the ESE Statement and conduct a sufficiency check to ensure compliance with guidelines [7]. - A comprehensive assessment of the project will be conducted by a panel established by YESAB [7].
HUI/Gold Ratio's 10-Year Breakout Signals The Asymmetric Opportunity In Gold Miners
Benzinga· 2025-10-03 13:33
Core Insights - The HUI/Gold ratio has broken above a decade-long descending triangle, indicating a potential shift in the performance of gold miners relative to gold itself [1][9][45] - Historical patterns suggest that prolonged market compressions often lead to significant multi-quarter or multi-year outperformance once resolved [2][4] - The recent breakout is supported by a "golden cross" in moving averages, indicating a structural shift in market dynamics favoring miners [10][13][45] Market Dynamics - The HUI/Gold ratio reflects the performance of unhedged gold miners against gold prices, where miners typically outperform during bull markets due to operating leverage [4][21] - Over the past decade, miners have underperformed due to factors like share dilution, rising costs, and shifting investor interest [5][21] - The recent breakout suggests a shift in investor sentiment, with long-term capital accumulating in miners despite previous underperformance [8][14] Leadership Cycle - Historically, leadership in gold miners emerges in stages, starting with senior producers who are seen as safer investments [15][19] - Companies like Kinross Gold and Barrick Gold have recently broken through long-term resistance levels, signaling renewed investor confidence [18][20] - The current phase indicates that capital is flowing into senior producers, with potential for mid-caps and juniors to follow as the cycle progresses [20][46] Technical Analysis - The HUI/Gold ratio is currently trading above key moving averages, indicating a regime flip and a change in market character [13][14] - Important resistance levels to watch include the 0.12–0.14 zone and the 0.18–0.21 area, which could confirm sustained outperformance if surpassed [27][29] - A sustained move to 0.26 would signal a clear phase of outperformance for gold miners, attracting institutional interest [29][48] Investment Opportunities - The current setup presents an asymmetric opportunity for investors, with defined downside risk and significant upside potential [31][33] - Investors can consider broad mining ETFs for diversified exposure or allocate to individual senior producers for more targeted investment [41][42] - Monitoring the HUI/Gold ratio will be crucial for adjusting investment strategies as market conditions evolve [43][46]
SONORO GOLD ANNOUNCES FULLY SUBSCRIBED $3 MILLION PRIVATE PLACEMENT
Globenewswire· 2025-10-02 12:00
Core Points - Sonoro Gold Corp. announced a fully-subscribed non-brokered private placement offering of 15,000,000 units at CAD $0.20 per unit, raising gross proceeds of CAD $3,000,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at CAD $0.28 for three years [2] - Proceeds will fund the Cerro Caliche gold project development, including an updated Preliminary Economic Assessment and final payment under the Rosario option agreement to secure 100% ownership of mining concessions [3] - The offering is expected to close around October 20, 2025, and may involve finder's fees for registered securities dealers [4][6] - Certain insiders may participate in the offering, classified as a "related party transaction," with exemptions from formal valuation and minority shareholder approval requirements [5] Company Overview - Sonoro Gold Corp. is a publicly listed exploration and development company focused on the Cerro Caliche and San Marcial projects in Sonora, Mexico [7]
ALLIED GOLD LAUNCHES ENERGY PROGRAM AT SADIOLA TO DELIVER EFFICIENT, RELIABLE AND LOWER-COST POWER FOR PHASED EXPANSION
Prnewswire· 2025-10-01 11:30
Accessibility StatementSkip Navigation TORONTO, Oct. 1, 2025 /PRNewswire/ -Â Allied Gold Corporation (TSX: AAUC) (NYSE: AAUC) ("Allied Gold" or the "Company") announced today that it has begun implementing key components of its new energy program for Sadiola following a comprehensive review of the power needs for the asset and its expansion plans. The Company is undertaking a staged and scalable approach, initially installing additional state-of-the-art diesel generators and control systems, followed by the ...
RUA GOLD Strengthens Management Team with Appointment of VP, Exploration
Newsfile· 2025-10-01 11:00
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) ("RUA GOLD" or the "Company") is pleased to announce the strengthening and expansion of its management team through the appointment of Emmett D'Urso as Vice President, Exploration. Mr. D'Usro will work directly with the Company's COO, Simon Henderson, further enhancing RUA GOLD's technical capabilities.With more than 13 years of mineral exploration experience, Mr. D'Urso brings extensive ...
GOLD ROYALTY REACHES MILESTONE 250TH ASSET AND PROVIDES AN UPDATE ON SELECTED PORTFOLIO ASSETS
Prnewswire· 2025-10-01 10:45
Core Insights - Gold Royalty Corp. has expanded its portfolio to 250 assets, highlighted by the sale of the Spanish Moon Project to Kinross Gold Corporation while retaining a 3% net smelter return royalty [1][2] - The company's growth is attributed to four pillars: direct financing to operators, purchasing assets from third parties, acquiring established royalty companies, and generating royalties in-house [2][3] - The royalty generator model has been instrumental in achieving this milestone with low operating costs and minimal expenditure [3] Asset Updates - Borborema (2% NSR): Aura Minerals announced commercial production with the mill operating above 80% capacity and gold recoveries above 90% [4] - County Line (3% NSR): Fortitude Gold received all necessary approvals for the County Line open pit gold project, which is an expansion of the Isabella Pearl mine [4] - Granite Creek (10% NPI): i-80 Gold reported robust high-grade mineralization from its drilling program, indicating potential for resource expansion [4] - Tonopah West (3% NSR): Blackrock Silver updated mineral resource estimates, indicating significant silver equivalent resources [4] - Vareš (100% copper stream): DPM Metals completed the acquisition of Adriatic Metals and plans to optimize the Vareš mine's potential [4] Financial Growth - The company anticipates a 367% growth in gold equivalent ounces (GEO) by 2029, showcasing strong revenue growth potential [3] - The diversified portfolio is expected to provide long-term optionality into the next decade and beyond [3] Company Overview - Gold Royalty Corp. focuses on providing creative financing solutions in the metals and mining industry, aiming to build a diversified portfolio of precious metals royalty and streaming interests [6] - The company primarily holds net smelter return royalties on gold properties located in the Americas [6]