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Perseus Updates Mineral Resource and Reserve Estimates
Globenewswire· 2025-08-20 23:55
Core Viewpoint - Perseus Mining Limited has updated its estimates of Mineral Resources and Ore Reserves as of June 30, 2025, reporting significant increases in both categories, indicating growth in the company's gold assets [1][2]. Mineral Resources Summary - The total Measured and Indicated (M&I) Mineral Resources are now estimated at 7.8 million ounces (Moz) of gold, with a total of 185.9 million tonnes (Mt) grading 1.30 grams per tonne (g/t) [2][10]. - This represents an increase from the previous year's estimate of 4.9 Moz of gold from 115.9 Mt grading 1.31 g/t [10]. - Inferred Resources are reported at 39.9 Mt grading 1.5 g/t for 1.9 Moz of gold, up from 1.3 Moz from 24.1 Mt grading 1.6 g/t in the prior year [10]. Ore Reserves Summary - The Proved and Probable Ore Reserves total 5.0 Moz of gold, with 116.7 Mt at an average grade of 1.33 g/t [2][6]. - This marks an increase of 2.1 Moz in Ore Reserves compared to the previous year, reflecting the company's strategic reassessment of growth opportunities within its portfolio [3][6]. - The breakdown of Ore Reserves includes 20.9 Mt of Proved Reserves and 95.8 Mt of Probable Reserves [6]. Project-Specific Details - The Edikan Gold Mine contributes significantly to the estimates, with 29.7 Mt of total Ore Reserves at a grade of 1.03 g/t, equating to 980,000 ounces [6]. - The Sissingué Gold Mine and Yaouré Gold Mine also contribute notable amounts, with respective total Ore Reserves of 3.7 Moz and 1.4 Moz [6]. - The Meyas Sand Gold Project (formerly Block 14) includes Indicated Mineral Resources of 3.3 Moz and a Probable Mineral Reserve of 2.9 Moz, which are not included in the main estimates [2][11]. Strategic Insights - The company is focusing on optimizing its portfolio rather than adhering to fixed investment targets for each asset, aiming to balance growth investments with cash margins [3]. - The updated estimates are in accordance with the JORC Code (2012) and reflect a commitment to maintaining high standards in reporting mineral resources and reserves [12][19].
X @Bloomberg
Bloomberg· 2025-08-06 06:02
The US has entered talks with the Cook Islands to develop seabed mineral resources, just months after the South Pacific nation formalized cooperation pacts with China that included exploration for undersea deposits https://t.co/KejiAXQVoR ...
Regis Resources (RRL) 2025 Earnings Call Presentation
2025-08-05 01:55
For personal use only Diggers and Dealers 4-6 August 2025 ASX : RRL Cautionary statement This presentation contains only a brief overview of Regis Resources Limited and its associated entities ("Regis or RRL") and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Regis' projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation and which have not been subject to any ...
Peel Mining (PEX) 2025 Earnings Call Presentation
2025-08-04 03:55
Company Overview - Peel Mining Limited (ASX: PEX) is a copper-focused resources company [2] - The company holds strategic tenure in Tier 1 jurisdictions [25] - Key personnel include James Simpson (CEO/Managing Director) and Rob Tyson (Technical Director) [24] South Cobar Project Resource Base - The South Cobar Project has a resource base totaling 2291 million tonnes @ 220% CuEq for 500kt CuEq [28, 98] - The project contains 5 major deposits and numerous under/untested prospects [28] - The Mallee Bull deposit contains 125kt of copper at 178% Cu [35, 47] - The Wirlong deposit contains 75kt of copper at 175% Cu [35, 48] - The Wagga Tank Open Pit contains 21kt Cu, 72koz Au, 38Moz Ag, 23kt Pb, 25kt Zn [38, 44] - The Southern Nights deposit contains 252kt Zn, 96kt Pb, 13Moz Ag, 59koz Au, 14koz Cu [38] Financials and Shareholding - The company's market capitalization is approximately $349 million based on a share price of 6c [20] - The enterprise value is approximately $335 million [20] - Perth Capital Pty Ltd & Associates holds 204% of shares on issue [21] - Australian Institutions hold 125% of shares on issue [21] Exploration and Development - PFS is substantially complete for Mallee Bull and Wirlong underground mines [44] - Wagga Tank evaluation is underway for inclusion into PFS by March Quarter 2026 [40] - Regional exploration activities have identified high priority targets including Chuchi, Nombinnie, and Beanbah [61, 63]
Agnico Eagle(AEM) - 2025 Q2 - Earnings Call Presentation
2025-07-31 15:00
Financial Performance - The company achieved record free cash flow in Q2 2025, driven by cost control and higher gold prices[16] - The realized gold price increased significantly from $2,342/oz in Q2 2024 to $3,288/oz in Q2 2025[16] - Adjusted EBITDA increased from $1.176 billion in Q2 2024 to $1.914 billion in Q2 2025[16] - The company transitioned to a net cash position of $963 million in H1 2025[15, 30] - Total debt repayments amounted to $550 million in H1 2025[15, 30] Operational Highlights - The company is on track to achieve its 2025 gold production guidance of 3.3 - 3.5 million ounces[13, 14] - Gold production for H1 2025 reached 1.74 million ounces[14] - The company returned approximately $300 million directly to shareholders through dividends and share buybacks[15] - The buyback program was renewed in May 2025, increasing the purchase limit to $1 billion of common shares, with $150 million in total share repurchases in H1 2025[30] Project Development - Construction is advancing at the Odyssey project, which is expected to be Canada's largest underground gold mine with approximately 550,000 ounces per year production[15, 36]
Alamos Gold (AGI) - 2025 Q2 - Earnings Call Presentation
2025-07-31 14:00
Second Quarter 2025 Results Presentation July 31, 2025 Cautionary notes This presentation, the information contained herein, any other materials provided in connection with this presentation and any oral remarks accompanying this presentation (collectively, the "Presentation"), has been prepared by Alamos Gold Inc. ("Alamos" or the "Company") solely for information purposes. No stock exchange, securities commission or other regulatory authority has approved or disapproved the contained information. This Pre ...
Capricorn Metals (CMM) Earnings Call Presentation
2025-07-23 22:00
Transaction Overview - Capricorn Metals Ltd (ASX:CMM) will acquire Warriedar Resources Ltd (ASX:WA8) via a scheme of arrangement[27] - Warriedar shareholders will receive an implied offer price of A$0.155 per share, representing a 29% premium to Warriedar's closing share price on 23 July 2025[27] - The implied equity value of Warriedar is A$188 million[27] - Warriedar shareholders are expected to own approximately 436% of Capricorn's shares after the scheme implementation[28] Strategic Benefits for Capricorn - The acquisition will increase Capricorn's combined mineral resources to approximately 91Moz AuEq in Western Australia[38] - Warriedar's Golden Range Project (GRP) contributes 23Moz AuEq to the combined mineral resources, including 138Moz of gold and 60kt of antimony[38] - Capricorn's mineral resources are 68Moz[38] - Pro-forma cash and gold on hand for the combined entity is expected to be $379 million as of 30 June 2025[38] Warriedar's Golden Range Project (Ricciardo Deposit) - Ricciardo Deposit contains a total of 603kt of contained antimony[40] - Ricciardo Deposit contains a total of 1036Moz of gold[40] - The Au & Sb MRE is 245Mt @ 25 g/t AuEq for 196 Moz AuEq[40]
Avino Silver & Gold Mines .(ASM) - 2025 Q1 - Earnings Call Presentation
2025-05-13 21:19
Financial Performance - Record Q4 2024 revenues of $244 million, a 95% increase compared to Q4 2023's $125 million[19, 21] - FY 2024 revenues reached a record $662 million, a 51% increase from $439 million in FY 2023[19, 21] - Net income for FY 2024 was $81 million, or $006 per share, significantly higher than the $05 million in FY 2023[19, 21] - Free cash flow generation for FY 2024 was $165 million, a 335% increase compared to $(70) million in FY 2023[19, 21] Production and Costs - 2024 production reached 26 million silver equivalent ounces[12] - 2025 production target is set between 25 million and 28 million silver equivalent ounces[12] - Cash costs per silver equivalent ounce in FY 2024 were $1484, a 5% reduction from FY 2023[24] - All-in sustaining cash costs per silver equivalent ounce in FY 2024 were $2057, a 6% reduction from FY 2023[24] La Preciosa & Oxide Tailings Project - Consolidated NI 43-101 mineral resources total 371 million silver equivalent ounces as of October 16, 2023[12] - Oxide Tailings Project has proven and probable mineral reserves of 67 million tonnes at a silver grade of 55 g/t and a gold grade of 047 g/t[12] - La Preciosa property contains indicated resources of 174 million tonnes with 176 g/t Ag and 034 g/t Au, equating to 99 million ounces of silver and 189 thousand ounces of gold[40]
Revival Gold Files NI 43-101 Preliminary Economic Assessment for the Mercur Gold Project
Globenewswire· 2025-05-05 11:30
TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) has filed on SEDAR+ a technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) on the Mercur Project (“Mercur” or the “Project”), titled “Preliminary Economic Assessment NI 43-101 Technical Report on the Mercur Gold Project, Tooele & Utah Counties, Utah, USA” (the “Technical Report”). The Technical Report supports ...
Osisko Development Announces Optimized Feasibility Study for Permitted Cariboo Gold Project with C$943 Million After-Tax NPV5% and 22.1% IRR at US$2,400/oz Base Case Gold Price; at US$3,300/oz Spot Gold C$2.1 Billion After-Tax NPV5% and 38.0% IRR
Globenewswire· 2025-04-28 11:00
Core Viewpoint - Osisko Development Corp. announced positive results from the optimized Feasibility Study for the Cariboo Gold Project, confirming strong economics for a low-impact underground operation with favorable operating costs and capital requirements [2][3]. Project Overview - The Cariboo Gold Project is a 100%-owned, permitted gold project located in central British Columbia, Canada, designed as a traditional underground operation using mechanized bulk mining methods [2][5]. - The 2025 Feasibility Study (FS) was completed by BBA Engineering Ltd. and adheres to National Instrument 43-101 standards [2]. Economic Metrics - The base case gold price is set at $2,400/oz, with a net present value (NPV) of $943 million and an internal rate of return (IRR) of 22.1% [5][6]. - Under a spot case scenario with a gold price of $3,300/oz, the NPV increases to $2,066 million, and the IRR rises to 38.0% [5][6]. - Average annual free cash flow is projected at $158 million, with $296 million in the first five years [6][9]. Production and Costs - The project anticipates an average annual production of approximately 190,000 ounces of gold over a 10-year mine life, with first gold expected in the second half of 2027 [6][34]. - The average all-in sustaining costs (AISC) are estimated at $1,157/oz, placing the project in the lower half of the global cost curve for gold mines [6][9]. Improvements from Previous Studies - The 2025 FS incorporates significant improvements over the 2023 FS, including a streamlined processing facility and enhanced metallurgical recovery, resulting in an overall gold recovery of 92.6% [6][7][50]. - The average stope size has increased by approximately 60%, reducing the total number of stopes required [11][38]. Capital Expenditures - Initial capital costs are estimated at $881 million, with sustaining capital costs over the life of the mine projected at $525 million [6][69]. - Total cumulative capital costs, including reclamation and closure costs, are estimated at $1,307 million [69]. Permitting and Community Engagement - The project has received necessary permits, including the Environmental Assessment Certificate and Mines Act permits, solidifying its shovel-ready status [72][73]. - The company is committed to engaging with Indigenous nations and local communities to ensure mutual benefits from the project [73][76]. Future Opportunities - There are significant opportunities for further optimization and enhancement of the project's economics, which will be detailed in the forthcoming Technical Report [77][78].