Vancouver, British Columbia - TheNewswire - July 24, 2025: Headwater Gold Inc. (CSE: HWG) (OTCQB: HWAUF) (the "Company" or "Headwater") is pleased to announce that drill permitting has advanced through the formal public scoping phase on Headwater's Lodestar project, located in western Nevada. Project scoping marks a significant step toward securing final drilling approval following the submission of a Plan of Operations to undertake a proposed 3,500-metre drill program. The Lodestar project is being explore ...

Group 1 - Newmont Corporation reported two ground collapse incidents at the Red Chris mine in Canada [1] - The company is currently working to rescue trapped employees in the mine [1]

Three miners are trapped at Newmont’s Red Chris gold mine in northwest British Columbia, according to the premier of the western Canadian province https://t.co/dWrHATO9xL ...

Core Insights - Barrick Mining Corporation and Newmont Corporation are two leading gold mining companies with extensive global operations and diversified portfolios, making them relevant for investors in the precious metals sector [1] - Gold prices have reached record highs, driven by global economic uncertainties and increased central bank reserves, with prices currently above $3,400 per ounce and up over 30% year-to-date [2] Barrick Mining Corporation - Barrick has made a strong recovery in 2025 after a challenging 2024, benefiting from rising gold prices and advancing key growth projects [4][5] - Major projects include Goldrush, Fourmile, and Reko Diq, which are expected to significantly enhance production capacity [6][8] - Barrick's liquidity position is robust, with cash and cash equivalents around $4.1 billion and operating cash flows of approximately $1.2 billion in Q1 2025, reflecting a 59% year-over-year increase [8][9] - The company returned $1.2 billion to shareholders in 2024 and has a new share repurchase program authorized for up to $1 billion [9][10] - Barrick's stock has increased by 40.3% year-to-date, with a projected EPS growth of 54.8% [10][16] Newmont Corporation - Newmont is strategically investing in growth projects such as Tanami Expansion 2 and Ahafo North, which are expected to enhance production and profitability [12] - The acquisition of Newcrest Mining has strengthened Newmont's portfolio, generating $500 million in annual run-rate synergies [13] - Newmont has divested non-core assets, raising approximately $470 million and anticipating $3 billion in after-tax cash proceeds from its 2025 divestiture program [14][15] - The company reported liquidity of $8.8 billion, including cash and cash equivalents of around $4.7 billion, and generated a record free cash flow of $1.2 billion in Q1 2025 [15] - Newmont's stock has risen 65.8% year-to-date, with a projected EPS growth of 33.9% [10][25] Valuation and Performance Comparison - Barrick is trading at a forward 12-month earnings multiple of 9.88X, which is a 20.7% discount compared to the industry average of 12.46X [19] - Newmont's forward earnings multiple is 12.70X, indicating a premium over Barrick [21] - Both companies have a Zacks Rank 2 (Buy), but Barrick is viewed as having a more attractive valuation and higher growth projections, making it a potentially better investment option [26][27]

Core Viewpoint - Enduro Metals Corporation has initiated its 2025 exploration program at the Newmont Lake project, focusing on defining key targets and preparing for a potential drill campaign [1][3]. Project Overview - The Newmont Lake Project spans 688 km² and is one of the largest contiguous claim packages in British Columbia's Golden Triangle, strategically located near significant copper-gold development projects [4][17]. - The project has shifted focus from high-grade gold deposits to copper-gold porphyry exploration, highlighted by the discovery of the Burgundy Ridge porphyry system in 2021 [4][17]. Exploration Program Details - The 2025 phase 1 exploration program includes: - 2,120 line-kilometers of airborne magnetic surveying using a Heli-GT system at 100-meter line spacing [6][8]. - 20 kilometers of ground induced polarization (IP) surveying at the Andrei target [6][8]. - Extensive geological mapping, rock, and soil sampling [6][8]. - The exploration is particularly focused on the Andrei and Twin targets, with the aim of better defining these systems [3][8]. Target Specifics - The Andrei target is a low-elevation porphyry Cu-Au target with a 2.5 km trend of mineralization, showing peak results of 4.08% Cu and 57.83 g/t Au from recent sampling [11][12]. - The Twin target is a 7 km extension of the Bronson Trend, which is associated with other significant deposits in the area, and will involve airborne magnetic surveying and groundwork [13][15]. Historical Context - Historic exploration on the Newmont Lake property has primarily targeted high-grade gold deposits since the 1980s, with recent efforts focusing on porphyry systems [4][7]. - The current work program builds on legacy data and includes a newly acquired property-wide airborne hyperspectral survey to enhance exploration efforts [7][8].

Core Viewpoint - Newmont Corporation (NEM) is expected to report strong second-quarter results on July 24, 2025, driven by higher gold prices despite facing cost pressures [1][6]. Financial Performance Expectations - The Zacks Consensus Estimate for second-quarter earnings is $1.04 per share, reflecting a 44.4% year-over-year increase [2]. - The consensus estimate for second-quarter revenues is $4.62 billion, indicating a 4.9% increase from the previous year [2]. - Newmont has a trailing four-quarter earnings surprise average of 32.4%, having beaten estimates in three of the last four quarters [3]. Earnings Prediction - Newmont has an Earnings ESP of +4.42% and a Zacks Rank of 2 (Buy), suggesting a strong likelihood of an earnings beat [4][5]. Factors Influencing Q2 Results - Higher gold prices are anticipated to positively impact Newmont's revenue and margins, with average realized gold prices estimated at $2,953 per ounce, a 25.8% year-over-year increase [6][8]. - Gold prices reached a record high of $3,500 per ounce on April 22, 2025, and closed the second quarter above $3,300 per ounce, marking a 29% increase year-to-date [7]. Cost Considerations - Newmont's all-in sustaining costs (AISC) for Q1 were $1,651 per ounce, with expectations for Q2 AISC to be around $1,657 per ounce, reflecting a 6.1% year-over-year increase [10]. Stock Performance and Valuation - Newmont's shares have increased by 27.2% over the past year, underperforming the Zacks Mining – Gold industry's 33.4% rise but outperforming the S&P 500's 13.2% increase [11]. - The company is currently trading at a forward 12-month earnings multiple of 12.32, slightly above the peer group average of 12.04 [14]. Strategic Positioning - Newmont's focus on Tier 1 assets and divestiture of non-core businesses is expected to enhance its growth outlook and profitability [9][15]. - The acquisition of Newcrest Mining Limited is anticipated to create significant value and synergies for shareholders [15][16]. Investment Thesis - Newmont's strong liquidity and cash flow generation position it well for growth, making it an attractive investment opportunity ahead of its earnings announcement [16][17].

Core Viewpoint - Newmont Corporation (NEM) is expected to report a significant increase in quarterly earnings and revenues, indicating positive growth trends in its operations [1]. Financial Performance - Analysts predict quarterly earnings of $1.04 per share, reflecting a 44.4% increase year-over-year [1]. - Revenues are forecasted to be $4.62 billion, representing a year-over-year increase of 4.9% [1]. - There has been a downward revision of 5.6% in the consensus EPS estimate over the past 30 days, indicating a reappraisal of initial projections by analysts [2]. Key Metrics - Geographic Revenue from Nevada Gold Mines is expected to reach $747.19 million, a year-over-year increase of 32.7% [5]. - Geographic Revenue from Peñasquito is projected at $699.12 million, indicating a substantial increase of 93.7% from the prior-year quarter [5]. - Geographic Revenue from Merian is estimated at $153.38 million, reflecting a 47.5% increase from the year-ago quarter [5]. - Geographic Revenue from Cerro Negro is expected to be $92.40 million, showing a decline of 7.6% from the prior-year quarter [6]. - Attributable Gold Production from Yanacocha is estimated at 112 thousand ounces, compared to 78 thousand ounces reported in the same quarter last year [6]. - Attributable Gold Production from Boddington is projected at 132 thousand ounces, down from 147 thousand ounces in the previous year [7]. - Attributable Gold Production from Tanami is expected to be 80 thousand ounces, compared to 99 thousand ounces reported last year [7]. - Attributable Gold Production from Ahafo is estimated at 174 thousand ounces, down from 184 thousand ounces in the same quarter last year [8]. - Average Realized Price for Gold is forecasted to reach $3,121 per ounce, up from $2,347 per ounce in the previous year [8]. - Total Attributable Gold ounces sold is expected to be 1,282 thousand ounces, down from 1,543 thousand ounces reported last year [9]. - Total Attributable Production of Gold is projected at 1,389 thousand ounces, compared to 1,534 thousand ounces in the same quarter last year [10]. Market Performance - Over the past month, Newmont shares have recorded a return of -0.1%, while the Zacks S&P 500 composite has changed by +5.4% [11]. - Newmont holds a Zacks Rank 2 (Buy), suggesting it is likely to outperform the overall market in the upcoming period [11].

Core Viewpoint - Inflection Resources Ltd. has successfully acquired a 100% interest in a portfolio of copper-gold projects located in the Northern Territory and New South Wales, Australia from Newmont Corporation [1] Group 1: Acquisition Details - The acquisition was made pursuant to an Agreement announced on June 16, 2025, which includes milestone payments, royalties, and the issuance of 1,250,000 common shares of Inflection to an affiliate of Newmont [2]

Group 1 - Newmont Mining Corporation is set to announce its earnings on July 24, 2025, with a consensus estimate of approximately $1.01 per share and projected revenue growth of nearly 9% year-over-year due to higher average gold prices [2] - The company's current market capitalization is $66 billion, with revenue over the past twelve months reaching $20 billion, operating profits of $7.0 billion, and net income of $5.1 billion [3] - Historical earnings data indicates that in the last five years, Newmont has recorded 16 earnings data points, with only 4 positive one-day returns, resulting in a 25% occurrence rate of positive returns [6] Group 2 - The median of the 4 positive one-day returns is 1.3%, while the median of the 12 negative returns is -4.4%, indicating a tendency towards negative performance post-earnings [6] - A strategy to analyze the correlation between short-term and medium-term returns following earnings can be employed, particularly if the 1D and 5D returns show high correlation [7] - The Trefis High Quality portfolio has outperformed the S&P 500, achieving returns exceeding 91% since its inception, providing an alternative for investors seeking less volatility [4][8]

Core Viewpoint - Newmont Corporation's shares have increased by 39.2% over the past six months, driven by rising gold prices amid trade and geopolitical uncertainties, outperforming both the Zacks Mining – Gold industry and the S&P 500 [1][6]. Performance Summary - NEM stock has outperformed the Zacks Mining – Gold industry's increase of 38.5% and the S&P 500's rise of 3.9% [1]. - Compared to peers, Barrick Mining Corporation, Agnico Eagle Mines Limited, and Kinross Gold Corporation have gained 30.1%, 39.5%, and 49.7%, respectively, over the same period [1]. Technical Indicators - Technical indicators show bullish momentum for NEM, with the stock trading above its 50-day and 200-day simple moving averages (SMA), indicating a long-term uptrend [4][5]. Financial Health - Newmont recorded $1.2 billion in free cash flow in Q1 2025, reflecting strong financial health that supports growth initiatives [6]. - The company has a liquidity position of $8.8 billion, including approximately $4.7 billion in cash and cash equivalents, and operating cash flow from continuing operations increased by roughly 162% year-over-year to around $2 billion in Q1 [12]. Growth Projects - Newmont is investing in growth projects such as the Tanami Expansion 2 in Australia and the Ahafo North expansion in Ghana, which are expected to enhance production capacity and extend mine life [9]. - The acquisition of Newcrest Mining Limited has created a strong portfolio with a multi-decade production profile, expected to deliver significant value and synergies, achieving $500 million in annual run-rate synergies post-acquisition [10]. Strategic Divestitures - Newmont has divested non-core businesses to focus on Tier 1 assets, completing a divestiture program in April 2025 that is expected to generate $3 billion in after-tax cash proceeds [11]. - Recent sales of shares in Greatland Resources Limited and Discovery Silver Corp are projected to yield around $470 million after taxes and commissions [11]. Gold Price Dynamics - Gold prices have increased by approximately 27% this year, reaching a record high of $3,500 per ounce on April 22, 2025, driven by trade tensions and central bank purchases [13][15]. - Current gold prices are hovering above $3,300 per ounce, supported by safe-haven demand amid geopolitical uncertainties [15]. Dividend and Earnings Outlook - NEM offers a dividend yield of 1.7% with a payout ratio of 24%, indicating a sustainable dividend backed by strong cash flows [16]. - Earnings estimates for 2025 have been revised upward, with a Zacks Consensus Estimate suggesting a year-over-year growth of 31.3% [17]. Valuation Metrics - Newmont is trading at a forward price/earnings ratio of 12.24X, slightly below the industry average of 12.45X, indicating a competitive valuation [19]. Investment Case - Newmont presents a compelling investment opportunity due to its robust growth projects, strong financial health, and rising earnings estimates, making it a prudent choice for investors looking to capitalize on favorable gold market conditions [23].