Core Viewpoint - Xali Gold Corp. has entered into a Share Purchase Agreement to acquire Minera Calipuy S.A.C, which owns the Pico Machay Gold Project in Central Peru, from Pan American Silver Corp. and its subsidiary Aquiline Resources Inc. [1] Acquisition Details - The acquisition is a strategic move for Xali Gold to enhance its presence in a prolific gold-silver region, with the Pico Machay project already having a historic resource in place [3] - The Share Purchase Agreement includes cash payments totaling $17.5 million over five years, with an initial payment of $0.5 million at closing [14][16] Resource Information - Pico Machay has a Historic Measured and Indicated Resource of 264,600 ounces of gold from 10.6 million tonnes at a grade of 0.78 grams per tonne, and an additional Inferred Resource of 446,000 ounces from 23.9 million tonnes at a grade of 0.58 grams per tonne [2][8] - The original resource estimate was based on a long-term gold price of $700 per ounce, which presents significant upside potential given the current higher gold price environment [3][4] Geological and Logistical Context - The project is located within the Southern Peru Epithermal Gold-Silver Belt, known for hosting world-class gold deposits, and is in proximity to several operational mines [5][6] - Pico Machay is situated 35 km southwest of Huancavelica, a well-established mining area with good logistical access [7] Future Plans - Xali Gold aims to update the resource estimate and previous engineering studies with a near-term production goal, while also exploring additional targets for potential resource expansion [3][4]

格隆汇10月22日｜美股盘前，贵金属概念股小幅回暖，泛美白银(PAAS.US)涨超1.6%，金罗斯黄金 (KGCUS)、金田(GFI.US)涨0.6%。 ...

SHANGHAI, CHINA - JULY 13, 2025 - An investment silver bar in a gold store in Shanghai, China on July 13, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO/Future Publishing via Getty ImagesSilver is experiencing a significant moment. Prices have surged recently, setting new records and overshadowing gold. Previously regarded as “poor man’s gold,” the metal is now emerging as the star of 2025 — and this price rally isn’t random. Let’s delve into the factors truly driving this si ...

格隆汇10月21日｜金银价格大肆回调，美股黄金概念股盘前下跌，科尔黛伦矿业(CDE.US)、哈莫尼黄 金(HMY.US)、泛美白银(PAAS.US)下跌4%，纽曼矿业跌2.9%。 ...

Summary of North American Metals & Mining Conference Call Industry Overview - **Industry**: North American Precious Metals - **Key Commodities**: Gold and Silver Core Insights and Arguments 1. **Price Forecasts**: - Gold is projected to reach **$5,000/oz** and silver to **$65/oz** in the next 12-18 months, with 2026 average forecasts for gold raised by **18%** to **$4,329/oz** and silver by **29%** to **$54.88/oz** [1][10][11] - Investment demand for gold is expected to increase by **14%** in 2026, similar to the current year [2] 2. **Market Dynamics**: - Key conditions supporting gold price strength include: - US structural deficit - Inflationary pressures from deglobalization - Threats to the independence of the US central bank - Ongoing global geopolitical tensions [1] 3. **Investment Trends**: - ETF purchases of gold surged by **880% YoY** in September, reaching an all-time high of **$14 billion** [2] - Total physical and paper gold investment has nearly doubled, exceeding **5%** of global equity and fixed income markets [2] 4. **Risks to Monitor**: - Supreme Court ruling on President Trump's tariffs - Potential hawkish pivot from the Federal Reserve if economic data improves - Outcomes of the US mid-term elections affecting economic policy implementation [2] Company-Specific Updates 1. **Net Asset Value (NAV) and Price Objectives (PO)**: - NAV estimates for North American Precious Metals coverage increased by **10%**, with average POs raised by **16%** [3][19] - IAMGOLD (IAG) saw the largest PO increase of **49%** to **$16.75** per share, reflecting improved jurisdictional risk [3][15] - SSR Mining (SSRM) PO raised by **41%** to **$18.00** per share, despite an Underperform rating due to uncertainties regarding Çöpler mine [3][15] 2. **Top Picks**: - Agnico Eagle Mines (AEM) is highlighted as the top pick due to its strong track record and growth projects [4] - Pan American Silver (PAAS) is favored for balanced exposure to silver and gold [4] 3. **EBITDA Revisions**: - Average EBITDA estimates for 2026 and 2027 increased by **25%** and **18%**, respectively, driven by revised commodity price forecasts [20] 4. **Valuation Multiples**: - Target multiples for IAMGOLD and SSR Mining adjusted to **1.60x** and **1.00x**, respectively, reflecting improved performance and market conditions [15][16] Additional Important Information - The report indicates potential conflicts of interest due to BofA Securities' business relationships with covered issuers [6] - The document includes various disclosures and certifications relevant to the research [5][6] This summary encapsulates the key points from the conference call, focusing on industry trends, company-specific updates, and potential investment opportunities and risks.

Core Viewpoint - The pre-market trading of gold stocks in the US saw a collective rise, driven by expectations of further interest rate cuts and ongoing trade tensions, leading to a significant increase in gold prices, which surpassed $4,210, marking a new historical high and a year-to-date increase of over 60% [1]. Group 1: Market Performance - Gold stocks such as Harmony Gold and Kinross Gold rose over 4%, while companies like Coeur Mining, DRDGOLD, and AngloGold Ashanti saw increases exceeding 3% [1]. - The pre-market performance of various gold stocks included notable gains: Harmony Gold at 4.97%, Kinross Gold at 2.20%, and AngloGold Ashanti at 3.20% [2]. Group 2: Gold Price Movement - Spot gold prices broke the $4,210 mark, achieving a new all-time high [1]. - Year-to-date, spot gold has increased by more than 60%, reflecting strong market demand and investor sentiment [1].

Oct 14, 2025 5:07 PM Eastern Daylight TimeVANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") will announce its unaudited results for the third quarter of 2025 after market close on Wednesday, November 12, 2025. A conference call and webcast are planned for 11:00 am ET (8:00 am PT) on Thursday, November 13, 2025.Third Quarter 2025 Unaudited Results Conference Call and WebcastDate: November 13, 2025Time: 11:00 am ET (8:00 am PT)Webcast: https://ev ...

Core Insights - Pan American Silver (PAAS) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 64.28% [1][5] - The company reported earnings of $0.43 per share for the most recent quarter, surpassing the expected $0.40, resulting in a surprise of 7.50% [2] - In the previous quarter, Pan American Silver reported $0.42 per share against an expectation of $0.19, achieving a remarkable surprise of 121.05% [2] Earnings Estimates and Predictions - There has been a favorable shift in earnings estimates for Pan American Silver, with a positive Earnings ESP (Expected Surprise Prediction) indicating potential for continued earnings beats [5][8] - The current Earnings ESP for Pan American Silver stands at +8.15%, suggesting analysts are optimistic about the company's earnings prospects [8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6][8] Earnings Release Information - The next earnings report for Pan American Silver is anticipated to be released on November 12, 2025 [8]

Pan American Silver Corp. (NYSE:PAAS) is one of the 11 Best Gold Stocks to Buy According to Hedge Funds. On September 4, Pan American Silver Corp. (NYSE:PAAS) announced that it completed its acquisition of MAG Silver Corp. This acquisition gives Pan American Silver Corp. (NYSE:PAAS) a 44% joint venture interest in the Juanicipio silver mine in Zacatecas, Mexico. This large-scale and high-grade mine is operated by Fresnillo plc. The company sees this as a valuable addition to its portfolio, which will cont ...

I work on the buy-side in Fixed Income. In my spare time, I'm out here Seeking Alpha. When it comes to my investment outlook—I'm here to remind you to "Always Protect Your Nuts!" I have a special interest in the Mining and Real Estate sectors.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PAAS over the next 7 ...