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DPM Metals Achieves Gold Production Guidance for the Eleventh Consecutive Year; Announces Timing of Fourth Quarter and Full-Year 2025 Financial Results
Globenewswire· 2026-01-12 11:45
Core Viewpoint - DPM Metals Inc. reported strong preliminary production results for Q4 and full-year 2025, achieving gold production guidance for the eleventh consecutive year, highlighting operational strengths and progress at the Vareš project [2][3]. Production Highlights - In Q4 2025, consolidated production included 786 Kt of ore processed, yielding 70.2 K oz. of gold and 9.9 M lbs. of copper. For the full year, total production was 2,978 Kt of ore processed, resulting in 244.9 K oz. of gold and 30.0 M lbs. of copper [3][4]. - Chelopech produced 45.7 K oz. of gold and 9.9 M lbs. of copper in Q4, while Ada Tepe produced 24.5 K oz. of gold, marking its strongest quarter of the year [4][5]. Vareš Project Update - Production from Vareš in Q4 2025 was minimal, with 43.8 Kt of ore processed, resulting in 1.8 K oz. of gold and 242.7 K oz. of silver. The focus remains on safety practices and training [5][6]. - A three-year outlook and detailed 2026 guidance for the Vareš operation are expected in February 2026, with anticipated improvements in production rates and metal grades [6]. Financial Results Timing - The company plans to release its Q4 and full-year 2025 financial results, along with a three-year outlook and 2026 guidance, on February 10, 2026 [7]. Conference Call Information - A conference call to discuss the results will be held on February 11, 2026, at 9 AM EST, with registration required for participation [8][9]. Company Overview - DPM Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Bosnia and Herzegovina, Serbia, and Ecuador, aiming to become a mid-tier precious metals company through sustainable and efficient production [11].
Mirasol Resources Extends Closing Date of Offering
Globenewswire· 2025-11-14 12:00
VANCOUVER, British Columbia, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) announced on October 2, 2025 that it had arranged a non-brokered private placement financing (the “Offering”) of up to 6,666,667 Units (the “Units”) at a price of $0.45 per Unit for aggregate gross proceeds of $3.0 million. The deadline for completion of the Offering has been extended to December 16, 2025. In all other respects, the terms of the Offering will be as ann ...
Uber(UBER) - 2025 Q3 - Earnings Call Presentation
2025-11-04 13:00
Financial Performance - Uber's Q3 2025 revenue reached $13467 million, a 19% increase year-over-year in constant currency[61],[62] - Adjusted EBITDA for Q3 2025 was $2256 million, representing a 33% increase year-over-year[64],[67] - Gross Bookings grew by 21% year-over-year in constant currency, reaching $49740 million in Q3 2025[55],[57],[58] Segment Highlights - Mobility Gross Bookings saw a 19% year-over-year increase in constant currency, reaching $25111 million[71],[73] - Delivery Gross Bookings experienced a 24% year-over-year increase in constant currency, totaling $23322 million[76],[81] - Freight revenue remained relatively flat year-over-year, with $1308 million in Q3 2025[84] Operational Metrics - Monthly Active Platform Consumers (MAPCs) increased by 17% year-over-year[49] - Total Trips grew by 22% year-over-year[50] - Monthly Platform Frequency increased by 27% after Grocery & Retail (G&R) integration, reaching 61 trips[43] Strategic Initiatives - Grocery & Retail (G&R) expands Delivery's addressable market by ~$2 trillion[21] - G&R is driving Delivery audience growth, with 7% of first-time Delivery users acquired through G&R[39] - G&R is generating ~$12 billion Gross Bookings run-rate[44],[45]
DPM Metals Announces Preliminary Third Quarter Production Results and Timing of Third Quarter Financial Results
Globenewswire· 2025-10-09 12:25
Core Viewpoint - DPM Metals Inc. reported preliminary production results for Q3 and YTD 2025, highlighting increased gold and copper production and successful integration of the Vareš operation into its portfolio, with a focus on achieving full production by the end of 2026 [1][2][5]. Production Highlights - For Q3 2025, Chelopech processed 557.5 Kt of ore, producing 44.3 K oz. of gold and 7.8 M lbs. of copper, while Ada Tepe processed 223.4 Kt of ore, yielding 19.4 K oz. of gold [3][4]. - Year-to-date (YTD) 2025, Chelopech processed 1,631.4 Kt of ore, producing 128.7 K oz. of gold and 20.1 M lbs. of copper, and Ada Tepe processed 560.6 Kt of ore, yielding 46.0 K oz. of gold [3][4]. - The consolidated production for Q3 2025 was 780.9 Kt of ore, resulting in 63.7 K oz. of gold and 7.8 M lbs. of copper, while YTD consolidated production was 2,192.0 Kt of ore, yielding 174.7 K oz. of gold and 20.1 M lbs. of copper [3][4]. Vareš Operation Update - DPM completed the acquisition of Adriatic Metals plc on September 3, 2025, and is integrating the Vareš operation, aiming for an operating rate of 850,000 tonnes per year by the end of 2026 [5][6]. - Initial integration steps include implementing health and safety practices and enhancing local personnel training programs [6]. - Minimal production is expected at Vareš for the remainder of 2025, with a three-year outlook to be provided in February 2026 [7]. Financial Results Timing - DPM plans to release its Q3 2025 operating and financial results on November 13, 2025, after market close [9]. - A conference call to discuss the results will be held on November 14, 2025, at 9 AM EST [10].
Westgold Resources (OTCPK:WGXR.F) Earnings Call Presentation
2025-10-01 01:00
Production and Cost Outlook - The company's 3-Year Outlook (3YO) aims to deliver sustainable production exceeding 470 thousand ounces (koz) of gold by FY28 [15] - FY25 production is projected at 326 koz of gold at an All-In Sustaining Cost (AISC) of A$2,666 per ounce [18] - The company anticipates a decrease in AISC as mill utilization and mill grade increase across its four existing processing hubs with a capacity of approximately 6 million tonnes per annum (Mtpa) [23] - The 3YO plan is underpinned by current Ore Reserves of 56 million tonnes (Mt) at 1.93 grams per tonne (g/t) Au for 3.5 million ounces (Moz) of gold [19, 26] Capital Allocation and Funding - The company has allocated $150 million for exploration and resource conversion within the 3YO [26] - The 3YO plan is fully funded through the company's balance sheet strength and Free Cash Flow (FCF) [23] - Non-sustaining capital expenditure is expected to decrease after peaking in FY27 [23] Processing Capacity and Expansion - The company is focused on fully utilizing its existing processing hubs, leveraging and expanding its existing 6 Mtpa processing capacity to enhance FCF [27] - The Meekatharra Hub's Bluebird-South Junction underground expansion is expected to reach 1.2 Mtpa in FY28 [33] - Beta Hunt infrastructure upgrades are expected to support a 2 Mtpa run rate by the second half of FY26 [36] Growth and Upside Potential - The 3YO plan excludes potential upside from further expansion of the Bluebird-South Junction mine and a potential Higginsville mill expansion to 4 Mtpa [43]
DPM Metals Completes Name Change from Dundee Precious Metals
Globenewswire· 2025-09-12 11:55
Core Viewpoint - DPM Metals Inc. has officially changed its name from Dundee Precious Metals Inc. as of September 12, 2025, following shareholder approval, marking a strategic shift to enhance its brand identity and operational focus [1][2]. Company Overview - DPM Metals Inc. is a Canadian-based international gold mining company with operations and projects in Bulgaria, Bosnia and Herzegovina, Serbia, and Ecuador [3]. - The company's strategic objective is to become a mid-tier precious metals company, focusing on sustainable and efficient gold production, quality asset development, and maintaining a strong financial position to support growth [3]. Strategic Goals - The company aims to deliver above-average returns for shareholders through disciplined strategic transactions and robust growth in mineral reserves and production [3]. - DPM's core capabilities are highlighted as a foundation for responsible and efficient production, which will continue to support its high-quality development portfolio and trusted community relationships [2]. Market Presence - The trading symbol for DPM on the Toronto Stock Exchange will remain unchanged as DPM, and the company is set to commence official quotation of its CHESS Depositary Interests on the ASX under the same code on September 18, 2025 [2].
Dundee Precious Metals Announces UK Court Approval of Acquisition of Adriatic Metals and ASX Listing Approval
Globenewswire· 2025-08-29 15:05
Group 1 - Dundee Precious Metals Inc. (DPM) has received court approval for its acquisition of Adriatic Metals plc, with the transaction expected to close on September 3, 2025 [1] - DPM has been granted approval for admission to the official list of ASX Limited as an ASX Foreign Exempt Listing, with official quotation of DPM's CHESS Depositary Interests to follow the completion of the transaction [2] - DPM aims to become a mid-tier precious metals company through sustainable and efficient gold production, focusing on the development of quality assets and maintaining a strong financial position [3]
Dundee Precious Metals Announces Overwhelming Shareholder Approval for Acquisition of Adriatic Metals and Name Change
Globenewswire· 2025-08-13 17:17
Core Points - Dundee Precious Metals Inc. (DPM) announced the approval of the issuance of common shares for the acquisition of Adriatic Metals plc and a name change to "DPM Metals Inc." [1][2] - The voting results showed that 99.73% of votes were in favor of the Share Issuance and 99.81% for the Name Change, with significant participation from shareholders [2] - Adriatic Metals has also received the necessary shareholder approvals for the acquisition scheme [3] - The completion of the acquisition is pending court sanction scheduled for August 29, 2025, with an expected effective date of September 3, 2025 [4] Voting Results - A total of 122,182,683 DPM Shares were voted for the Share Issuance, representing approximately 73.19% of the issued shares [2] - For the Name Change, 125,583,567 DPM Shares were voted, representing approximately 75.23% of the issued shares [2] - Detailed voting results indicate 121,852,918 votes (99.73%) for the Share Issuance and 125,346,665 votes (99.81%) for the Name Change [2] Company Overview - Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Serbia, and Ecuador [5] - The company's strategic objective is to become a mid-tier precious metals company focused on sustainable and efficient gold production [5] - DPM aims to maintain a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions [5]
Baru Gold Grants Share Options
Thenewswire· 2025-08-09 00:05
Summary of Key Points Core Viewpoint - Baru Gold Corp has granted a total of 4,700,000 stock options to its directors, management, and employees, subject to TSX Venture Exchange approval, with an exercise price of $0.07 per share for a two-year period expiring on August 7, 2028 [1] Group 1: Stock Options - The company has specifically granted 2,088,218 stock options to its CFO, Karen Dyczkowski, at an exercise price of $0.085 per share, also expiring on August 7, 2028 [2] - The stock options granted to insiders are classified as a "related party transaction" under Multilateral Instrument 61-101, but are exempt from formal valuation and minority shareholder approval as the value does not exceed 25% of the company's market capitalization [3] Group 2: Company Overview - Baru Gold Corporation is a junior gold developer with NI 43-101 gold resources located in Indonesia, which is among the top ten gold-producing countries globally [4]
MDU Resources (MDU) - 2025 Q2 - Earnings Call Transcript
2025-08-07 19:00
Financial Data and Key Metrics Changes - The company reported second quarter earnings of $13.7 million or $0.07 per share, compared to $60.4 million or $0.30 per share in the same period of 2024 [12] - Income from continuing operations was $14.1 million for the second quarter or $0.07 per share, down from $20.2 million or $0.10 per share in 2024 [12] - The company narrowed its earnings per share guidance to a range of $0.88 to $0.95 per share from a previous range of $0.88 to $0.98 per share [10] Business Line Data and Key Metrics Changes - The electric utility segment reported second quarter earnings of $10.4 million, down from $15.5 million in the same period in 2024, primarily due to higher payroll costs and planned outages [12][13] - The natural gas utility experienced a seasonal loss of $7.4 million in the second quarter, compared to a loss of $5 million in 2024, driven by increased operating expenses and lower volumes due to warmer weather [13] - The pipeline segment posted second quarter earnings of $15.4 million, down from a record $17.3 million in the prior year, impacted by higher operating expenses [14] Market Data and Key Metrics Changes - The utility experienced combined retail customer growth of 1.4% compared to the same time last year, aligning with the targeted annual growth rate of 1% to 2% [5] - The company has signed electric service agreements for 580 megawatts of data center load, with 180 megawatts currently online and additional capacity expected to come online in the coming years [7] Company Strategy and Development Direction - The company is focused on a capital investment of $3.1 billion over the next five years, targeting 7% to 8% compounded annual utility rate base growth and 1% to 2% annual customer growth [11] - The company plans to file general rate cases in Wyoming and Montana, and is refining wildfire mitigation plans across its electric service territory [6][8] - The company remains committed to investing in future expansion projects to meet customer demand, including the Minot expansion project which will add approximately 7 million cubic feet of natural gas transportation capacity per day [9] Management's Comments on Operating Environment and Future Outlook - Management noted unfavorable weather and increased operating costs impacted second quarter results, but expressed confidence in the company's long-term growth strategy [4][10] - The company anticipates a long-term EPS growth rate of 6% to 8% while targeting a 60% to 70% annual dividend payout ratio [11] - Management emphasized the importance of operational excellence and customer focus as key components of their strategy moving forward [11] Other Important Information - The company maintains a strong balance sheet and ample access to working capital, with no equity needs in 2025 based on the current capital plan [16] - The binding open season for the Baker storage field enhancement project concluded in May, and the company is evaluating a smaller project based on customer interest [10] Q&A Session Summary Question: Impact of lower storage project size on Bakken East pipeline - Management indicated that the Baker storage enhancement project does not have implications for the Bakken East project, and there may be opportunities for expansion if Bakken East proceeds [20][22] Question: Revised EPS guidance and its impact on long-term outlook - Management explained that the revision was due to weather impacts and higher operating expenses, but they do not expect these to be long-term trends [23][24] Question: North Dakota Industrial Commission meeting and its implications - Management confirmed the timing of the next meeting and indicated that state support would enhance the Bakken East project, but customer commitments are also crucial [29][30] Question: Quantifying drivers of guidance revision - Management provided insights on the planned outage and weather impacts, estimating a $1 million impact from weather alone in the quarter [33][34] Question: Capacity absorption for data centers before needing new infrastructure - Management stated that there is additional capacity available without new infrastructure, but they are willing to explore investments if necessary [36][38]