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Headwater Gold Receives Drill Permit for Lodestar Project, Nevada
Thenewswire· 2025-10-02 21:30
Core Insights - Headwater Gold Inc. has received approval for the Lodestar Plan of Operations from the U.S. Forest Service, allowing the company to commence drilling activities [1][3] - The upcoming drill program will be the first test of a high-priority untested high-grade vein target in the Lodestar project, which is located in a promising epithermal gold district in Nevada [2][5] Drilling Program Details - The drill program is fully funded through a minimum expenditure commitment of US$2 million by Newmont, consisting of up to 3,500 metres and 10 to 15 holes [3] - Initial drilling will focus on the Zodiac target, which is interpreted as the preserved paleosurface of an epithermal system showing significant hydrothermal activity [3] Project Background - The Lodestar project is situated in the Aurora Mining District, approximately 10 km north of Headwater's Spring Peak project, and adjacent to Hecla Mining Company's past-producing Aurora mine complex [5] - Historic drilling at Lodestar encountered anomalous gold but did not test deeper feeder structures, indicating substantial exploration potential [5] - Headwater holds an option to acquire a 100% interest in the Lodestar project, with Newmont having the option to acquire up to 75% following certain expenditures and the delivery of a Pre-Feasibility Study [5]
Newmont Announces Third Quarter 2025 Earnings Conference Call
Businesswire· 2025-10-01 21:30
DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) ("Newmont†or the "Company†) will release its third quarter 2025 results after U.S. market close on Thursday, October 23, 2025. A conference call to discuss the results will be held at 5:30 p.m. Eastern Daylight Time the same day, which is 8:30 a.m. Australian Eastern Daylight Time on Friday October 24, 2025. A replay of the webcast will be available through the Company's website. Conference Call Details Dial-In Numbe. ...
Gold’s wild week: CEOs leave, prices soar, China rises
MINING.COM· 2025-10-01 15:37
Leadership Changes - Mark Bristow has abruptly stepped down from Barrick Mining, despite previously committing to stay until 2028 to oversee significant projects like the $9 billion Reko Diq mine in Pakistan [2][3] - Barrick has appointed Mark Hill as interim chief while searching for a permanent replacement [2] - Natascha Viljoen will become the new CEO of Newmont on January 1, succeeding Tom Palmer, marking a historic moment as she will be the first woman to lead the company in its 104-year history [4] Market Performance - Gold prices have surged over 45% this year, reaching record highs above $3,800 an ounce and peaking over $3,895 [5] - Despite the rising gold prices, both Barrick and Newmont have underperformed compared to peers like Agnico Eagle and Kinross, leading to shareholder frustration [5] Industry Developments - Zijin Mining has become the world's third-largest miner by market capitalization, surpassing $100 billion [6] - Zijin Gold International, a subsidiary of Zijin Mining, raised $3.2 billion in a Hong Kong IPO, contributing significantly to the $6.7 billion attracted by the sector from new listings and block trades in the third quarter [6] - The gold sector is entering a new era characterized by significant leadership changes and soaring prices [6]
Bluebeam Unveils Bluebeam Max, Next-Generation AI-Powered Innovations at Unbound 2025
Globenewswire· 2025-10-01 13:30
Core Insights - Bluebeam has announced a new vision for connected construction at the Unbound 2025 conference, introducing Bluebeam Max, a premium subscription plan that enhances Revu with AI features and major product updates aimed at improving collaboration and field connectivity [1][2]. Product Launch and Features - Bluebeam Max will launch globally in early 2026, offering automation and intelligence throughout the project lifecycle, enabling AEC professionals to reduce waste and risk while enhancing confidence in their work [2]. - Key features of Bluebeam Max include natural-language AI prompts for task automation, early detection of design issues, and advanced markup tools to streamline workflows [3][4]. Collaboration and Connectivity Enhancements - New integrations such as Revu + Anthropic Claude will allow for natural-language search and task automation, while AI-REVIEW and AI-MATCH will improve accuracy in design comparisons [3]. - The introduction of Task Link will connect Revu markups with field tasks in GoCanvas, providing real-time project visibility [4]. Mobile and Integration Improvements - Mobile enhancements will allow full access to Studio Projects on iOS and Android, with offline sync capabilities coming in early 2026 [4]. - Integrations with Docusign, Procore, OneDrive, and SharePoint will facilitate seamless file management and collaboration across platforms [4]. Strategic Vision - Bluebeam emphasizes a philosophy of partnership and user empowerment, aiming to unite AI, collaboration, and field connectivity to enhance project delivery [5].
The 5 Best Gold Mining Stocks to Buy Now
Investing· 2025-10-01 08:42
Core Insights - The article provides a market analysis focusing on gold spot prices and major gold mining companies, including Kinross Gold Corp, Newmont Goldcorp Corp, and Barrick Mining Corp [1] Group 1: Gold Market Overview - The analysis highlights the current trends in gold spot prices in US dollars, indicating fluctuations that may impact investment strategies [1] - The performance of gold mining companies is closely tied to gold prices, with potential implications for their profitability and stock valuations [1] Group 2: Company-Specific Insights - Kinross Gold Corp's operational efficiency and production levels are discussed, emphasizing its position in the market relative to competitors [1] - Newmont Goldcorp Corp's recent financial results are analyzed, showcasing revenue growth and cost management strategies that may influence investor sentiment [1] - Barrick Mining Corp's strategic initiatives and exploration activities are highlighted, indicating potential for future growth and value creation [1]
This Gold Miner Just Breached All Time Highs
ZACKS· 2025-10-01 01:31
Core Viewpoint - Newmont (NEM) has demonstrated strong momentum in 2025, with shares gaining nearly 130% and reaching an all-time high, driven by robust quarterly results [1] Group 1: Gold Price Impact - Newmont has significantly benefited from the surge in gold prices, leading analysts to revise EPS expectations higher, indicating a bullish outlook for near-term share performance [2] - The average gold price per ounce reached $3,320, up from $2,347 in the same period last year, highlighting the favorable operating environment [3] Group 2: Financial Performance - Newmont reported a record free cash flow of $1.7 billion during the latest period, showcasing its strong cash-generating capabilities [3] - The company's enhanced cash-generating abilities have resulted in increased dividends and share buybacks, contributing positively to its financial health [3][7] Group 3: Share Buyback Program - Following the positive financial results, Newmont announced an additional $3 billion share repurchase program, further enhancing investor confidence [6]
Newmont CEO Tom Palmer to Step Down; Natascha Viljoen Named Successor, Becoming First Female CEO
Yahoo Finance· 2025-09-30 20:17
Newmont Corporation (NYSE:NEM) is one of the best performing large cap stocks to buy. On September 29, Newmont Corporation announced a planned leadership succession. Tom Palmer, who has served as Chief Executive Officer/CEO since 2019, will resign from the Board of Directors and as CEO on December 31 this year. Palmer, only the 10th CEO in Newmont’s 104-year history, served the company for more than a decade, having joined in 2014 as Senior Vice President, Indonesia, and was named Executive Vice President ...
Top 3 stocks that may benefit from a US government shutdown
Invezz· 2025-09-30 19:55
With Congress gridlocked over spending bills, the US faces a looming government shutdown that could begin as early as this week. While most sectors brace for disruption, a handful of companies stand t... ...
The Gold Rush of 2025: Where Do We Go from Here?
Daily Reckoning· 2025-09-30 14:31
Core Insights - The precious metals market has experienced significant gains in 2025, with gold, silver, and platinum prices rising substantially, indicating a strong trend in hard assets [4][22]. Precious Metals Performance - Gold started the year at $2,645 per ounce and has risen to over $3,850, marking a gain of over 47% [4]. - Silver began at $29.60 per ounce and is now over $47, reflecting a gain of about 58% [4]. - Platinum started at $995 per ounce and is currently in the $1,600 range, achieving a gain of 60% [4]. Investment Considerations - The increase in precious metal prices is attributed to the declining value of the dollar, a trend that has been ongoing since the U.S. left the gold standard in 1971 [7][22]. - Investors are advised to hold physical metals rather than selling them, as they represent real money and are not subject to the liabilities associated with financial instruments [10][12]. Mining and Royalty Companies - The rise in precious metal prices has positively impacted mining and royalty companies, leading to significant stock price increases for several key players: - Franco Nevada Corp. (FNV) rose from $125 to $225 [15]. - Royal Gold, Inc. (RGLD) increased from $134 to $198 [15]. - Osisko Royalties (OR) went from $18 to over $39 [15]. - Wheaton Precious Metals (WPM) climbed from $56 to $110 [15]. - Major mining companies also saw substantial gains: - Barrick Mining (B) increased from $14 to $33 [18]. - Newmont Mining (NEM) rose from $38 to $84 [18]. - Agnico Eagle Mines (AEM) moved from $83 to $166 [19]. - Kinross Gold (KGC) increased from $9.50 to over $24 [19]. Market Outlook - The ongoing trend suggests that as long as precious metal prices continue to rise, royalty plays and mining companies will benefit from increased cash flow and profitability [16][24]. - The potential for a global recovery in faith in the dollar could impact precious metal prices, but such a scenario seems unlikely given current government spending trends [17][22].
Calibre Mining Corp. (TSX:CXB) – profile & key information – CanadianValueStocks.com
Canadianvaluestocks· 2025-09-30 06:32
Core Insights - Calibre Mining Corp. is a mid-tier gold producer focused on high-return assets in the Americas, particularly in Central America, with a strategy that combines production and exploration to enhance cash flow and reserve growth [2][3][47] Company Profile - Calibre Mining Corp. is publicly listed on the Toronto Stock Exchange under the ticker TSX:CXB, concentrating on the acquisition, exploration, and development of gold deposits [3][36] - The company aims to optimize near-mine brownfield opportunities while pursuing selective greenfield projects with high margin potential [3][21] Operational Strategy - Calibre's operational profile is characterized by a focus on maximizing operating cash flow, extending mine lives through near-mine exploration, and evaluating accretive acquisitions [5][21] - The company employs a disciplined exploration strategy that integrates near-mine drilling to reduce discovery risk and enhance resource conversion [23][46] Financial Metrics - Calibre's market capitalization and revenue are influenced by commodity price fluctuations, production performance, and investor sentiment, with revenue primarily driven by gold sales [10][20] - Analysts monitor key performance indicators such as production volumes, all-in sustaining cost (AISC) per ounce, reserve revisions, and cash position to assess financial health [6][7][20] Market Position - Calibre operates within a competitive landscape alongside peers like B2Gold, Yamana Gold, and larger companies such as Newmont Corporation and Barrick Gold, focusing on operational efficiency and jurisdictional risk management [2][4][24] - The company's strategic posture includes maintaining operational efficiency while growing reserves, which may attract interest from larger miners seeking acquisitions [38][39] Leadership and Governance - The leadership team at Calibre is noted for its blend of technical mining expertise and financial experience, emphasizing operational efficiency and capital discipline [31][35] - Management's decisions regarding exploration and capital allocation significantly impact the company's risk-return profile [32][35] Industry Context - Calibre operates in a capital-intensive gold mining sector where returns are driven by cost control and strategic exploration, with a focus on Central America [21][22] - The company benefits from existing infrastructure and established mining jurisdictions, which facilitate operational synergies [21][25]