Coeur Mining (CDE) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Company Participants Mitchell Krebs - President, CEO & ChairmanMichael Routledge - SVP & COOAoife McGrath - Senior Vice President of ExplorationThomas Whelan - SVP & CFOWayne Lam - Director - Mining ResearchJoseph Reagor - Managing DirectorMichael Siperco - DirectorBrian Macarthur - Managing Director Operator Good day, and welcome to the Core Mining First Quarter twenty twenty five Financial Results Conference Call. All participants will be i ...

Coeur Mining (CDE) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Speaker0 Good day, and welcome to the Core Mining First Quarter twenty twenty five Financial Results Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this conference is being recorded. I would now like to turn the conference over to Mr. Kraft, President and CEO. Please go ahead. Speaker1 Good morning, everyone, and thanks for joining our cal ...

Murphy Oil (MUR) Q1 2025 Earnings Call May 08, 2025 09:00 AM ET Company Participants Kelly Whitley - Vice President of Investor Relations & CommunicationsEric Hambly - President & CEOThomas Mireles - Executive VP & CFOArun Jayaram - Vice PresidentNeil Mehta - Head of Americas Natural Resources Equity ResearchDevin Mcdermott - Managing DirectorCarlos Escalante - Senior AssociateJosh Silverstein - Managing Director Conference Call Participants Paul Cheng - AnalystCharles Meade - Research AnalystTim Rezvan - M ...

Financial Data and Key Metrics Changes - Murphy generated $636 million in revenue for Q1 2025, with an average realized oil price of $72 per barrel, natural gas liquids price of nearly $26 per barrel, and natural gas price of $2.67 per 1,000 cubic feet [10][11] - The company produced 157,000 barrels of oil equivalent per day in Q1 2025, which included 78,500 barrels of oil per day [8][10] - Shareholder returns totaled $147 million in Q1 2025, comprising $100 million in share repurchases and $47 million in dividends [6][7] Business Line Data and Key Metrics Changes - Eagle Ford Shale produced 25,000 barrels of oil equivalent per day in Q1 2025, with 83% liquids [14] - Tupper Montney produced 340 million cubic feet per day in Q1 2025, with five wells brought online as planned [15] - Offshore assets produced a combined 71,000 barrels of oil equivalent per day in Q1 2025, with 83% oil [17] Market Data and Key Metrics Changes - The company experienced approximately 6,000 barrels of oil equivalent per day of production impacts due to non-operated unplanned downtime in the Gulf of America and production curtailments in offshore Canada [9] - The average realized oil price of $72 per barrel reflects market conditions impacting revenue generation [10] Company Strategy and Development Direction - Murphy remains focused on operational excellence, multi-basin portfolio expansion, and capital returns to shareholders, with a commitment to allocate a minimum of 50% of adjusted free cash flow to shareholder returns [5][7] - The company plans to drill two operated exploration wells in the Gulf of America in the second half of 2025, targeting lower-risk opportunities near existing infrastructure [19] - Murphy's exploration strategy includes significant international projects in Vietnam and Côte d'Ivoire, with a focus on high-impact growth opportunities [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in operational improvements and the ability to deliver production guidance for Q2 2025, anticipating production of 177,000 to 185,000 barrels of oil equivalent per day [22][53] - The company is monitoring oil price volatility and is prepared to adjust capital spending if prices remain low, while maintaining a disciplined approach to capital allocation [29][30] Other Important Information - Murphy achieved 1,000,000 work hours with no lost time injuries on the Loch Da Bong field development project [5][18] - The acquisition of the Pioneer floating production storage and offloading vessel for $104 million is expected to reduce annual net operating expenses by approximately $50 million [12][13] Q&A Session Summary Question: How does the company plan to manage capital allocation in a lower oil price environment? - Management indicated that they will maintain the 2025 capital plan while monitoring the oil price environment, with potential adjustments to spending if prices fall below $55 per barrel [29][30] Question: What is the impact of the recent discovery in Vietnam on the development plan? - The recent discovery is expected to be developed with a wellhead platform tied into the existing production facility, potentially accelerating development timelines [35][102] Question: What is the status of the Khaleesi II and Marmalade III workovers? - The Khaleesi II workover is addressing a failed safety valve, while the Marmalade III involves a more complex sidetrack and new completion [40][76] Question: How does the company view its OCTG exposure and procurement strategy? - Management noted that onshore well costs are expected to remain flat year-over-year, with some pressure on tubular goods anticipated in the second half of 2025 [44][45] Question: What are the expectations for production growth in 2025? - Management expressed confidence in achieving production guidance, with significant contributions expected from onshore wells coming online in the second half of the year [52][53] Question: How does the company plan to approach exploration in Côte d'Ivoire? - The company is excited about the exploration prospects in Côte d'Ivoire, with significant resource potential and favorable fiscal terms [94]

Glenstar Minerals Stakes 45 Claims in Mineral County, Nevada, and Initiates Direct Marketing Awareness CampaignMay 08, 2025 8:35 AM EDT | Source: Glenstar Minerals Inc.Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO2) ("Glenstar" or the "Company") announces that it has staked 45 mineral claims, representing 900 acres (364 hectares) in Mineral County, Nevada. Mineral County lies approximately 100 miles south of Lake Tahoe ...

2025 FIRST QUARTER EARNINGS CONFERENCE CALL AND WEBCAST MAY 8, 2025 ERIC M. HAMBLY PRESIDENT AND CHIEF EXECUTIVE OFFICER 1 www.murphyoilcorp.com NYSE: MUR Cautionary Statement Cautionary Note to US Investors – The United States Securities and Exchange Commission (SEC) requires oil and natural gas companies, in their filings with the SEC, to disclose proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing econ ...

TORONTO, May 08, 2025 (GLOBE NEWSWIRE) -- Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce the cancellation of a 2% Net Smelter Royalty (“NSR”) pursuant to a buyback purchase from IAMGOLD Corporation. The NSR was applicable to the Mishi Property located in Wawa Ontario which was acquired under an option with IAMGOLD Corporation and is 100% owned by Angus. The royalty covered approximately one-third of the Golden Sky Project land package, including the Banded Iron F ...

Core Viewpoint - Calibre Mining Corp. reported strong financial and operational results for Q1 2025, with gold production of 71,539 ounces and a focus on cost discipline, positioning the company to potentially exceed its full-year production guidance of 230,000 to 280,000 ounces [2][10][22]. Financial Performance - Consolidated revenue for Q1 2025 was $202.6 million, compared to $131.9 million in Q1 2024, reflecting a significant increase [18]. - The company achieved net earnings of $22.6 million in Q1 2025, up from a net loss of $3.6 million in Q1 2024 [19]. - Adjusted net earnings for Q1 2025 were $40.1 million, compared to $5.6 million in Q1 2024 [44]. - The average realized gold price per ounce sold was $2,796, an increase from $2,092 in Q1 2024 [43]. Operational Highlights - Gold production was 64,469 ounces from Nicaragua and 7,070 ounces from Nevada, with a consolidated total of 71,539 ounces [10][20]. - The total cash cost (TCC) was $1,221 per ounce, while the all-in sustaining cost (AISC) was $1,389 per ounce [11][19]. - The Valentine Gold Mine is expected to produce approximately 200,000 ounces of gold annually, with first gold expected by the end of Q3 2025 [3][7]. Valentine Gold Mine Update - The initial project capital cost for the Valentine Gold Mine has increased to approximately C$854 million, with $203 million in cash fully funding the project as of April 30, 2025 [3][12]. - Construction is nearing completion, with the primary crusher commissioned and the coarse ore stockpile ready to receive material by the end of May [4][12]. - The largest pure exploration drill program in the property's history is underway, totaling 100,000 meters [10][22]. Merger with Equinox Gold - The merger with Equinox Gold is expected to close by the end of Q2 2025, creating a major Americas-focused gold producer with enhanced scale and diversification [8][14]. - The combined entity is projected to deliver greater value than either company could achieve independently, with a strong balance sheet and a pipeline of development projects [14][27].

Core Insights - Cygnus Metals Limited has reported significant high-grade gold mineralization at the Golden Eye prospect within the Chibougamau Copper-Gold Project in Quebec, with the best intercepts to date being 60.8g/t AuEq over 0.4m, including 51.3g/t Au, 7.2% Cu, and 18.0g/t Ag [1][6][13] - The results indicate the potential for valuable resource growth, with additional assay results expected soon from ongoing drilling [5][9][10] Drilling Results - Recent drilling results include: - 7.4m @ 5.7g/t AuEq (4.6g/t Au, 0.9% Cu, 5.6g/t Ag) from 405.6m, with a notable interval of 3.1m @ 9.6g/t AuEq [6][13] - 2.9m @ 10.2g/t AuEq (8.3g/t Au, 1.4% Cu, 3.3g/t Ag) from 463.8m, including the high-grade 0.4m @ 60.8g/t AuEq [6][13] - Historical drilling has shown significant intersections, such as 5.9m @ 34.1g/t AuEq and 4.5m @ 21.6g/t AuEq, indicating a strong potential for resource estimation [7][14] Project Development - The Golden Eye prospect is strategically located 3km from Cygnus' central processing plant, with existing dual ramp access within 150m of the mineralization [8][10] - Cygnus plans to compile new drilling results with historical data from 77 holes totaling 21,371m to complete an initial Mineral Resource Estimate for Golden Eye [10][15] Historical Context - The Chibougamau district has a rich history of gold and copper production, with over 3.5 million ounces of gold produced historically at an average grade of 2.1g/t Au [11][12] - Golden Eye has never been mined and was last drilled in the early 1990s when gold prices were significantly lower [6][10] Future Outlook - Cygnus aims to leverage ongoing exploration and data compilation to identify additional drill targets and enhance resource growth, focusing on low-risk brownfield exploration [15][12] - The company is positioned to benefit from historically high gold prices, making Golden Eye a potential growth driver [8][9]

Lodestar Metals Secures Option on Highly Prospective Gold Run Property in Nevada's Getchell TrendMay 07, 2025 7:11 PM EDT | Source: Lodestar Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Lodestar Metals Corp. (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company"), is pleased to announce it has entered into a property option agreement dated May 6, 2025 (the "Option Agreement") with William Matlack and Don McDowell (collectively, the "Option") to acquire a 100% int ...