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Greatland Resources (G8G) 2025 Earnings Call Presentation
2025-08-05 04:05
Disclaimer The summary information contained in this document has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Greatland Resources Limited (together, Greatland or Company). This document and the information contained in it has not been independently verified and no reliance should be placed on it or the opinions contained within it. In furnishing this document, the Company reserves the rig ...
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]
New Gold(NGD) - 2025 Q2 - Earnings Call Transcript
2025-07-28 13:32
Financial Data and Key Metrics Changes - The company reported second quarter revenue of $308 million, an increase compared to the prior year quarter due to higher gold prices and sales, slightly offset by lower copper prices and sales [18] - Cash generated from operations before working capital adjustments was $161 million or $0.20 per share for the quarter, higher than the prior year period [18] - The company achieved a record quarterly free cash flow of $63 million, driven by higher revenue [18] - Net earnings for the second quarter were approximately $68 million or $0.09 per share, with adjusted net earnings of $90 million or $0.11 per share [19] Business Line Data and Key Metrics Changes - Gold production for the second quarter totaled approximately 78,600 ounces, with copper production at 13.5 million pounds, reflecting a planned increase in feed grade at Rainy River [6][11] - New Afton achieved an all-in sustaining cost of negative $537 per ounce after considering copper credits, while Rainy River's all-in sustaining costs were $16.96 per ounce [12][14] - Rainy River generated a quarterly record of $45 million in free cash flow, with production in June reaching over 37,300 ounces at an average grade of 1.44 grams per tonne [17][18] Market Data and Key Metrics Changes - Gold production for the first half of the year was about 38% of the midpoint of the consolidated production guidance range of 325,000 to 365,000 ounces [7] - The company expects to generate significant free cash flow over the next three years, with projections of approximately $1.86 billion at current consensus commodity prices [23] Company Strategy and Development Direction - The company is focused on achieving its 2025 production and cost guidance while maintaining a strong emphasis on health and safety [24] - Exploration efforts are being increased at both New Afton and Rainy River, with a combined investment of $30 million for 2025 targeting further reserve replacement [25] - The company aims to consolidate its assets and evaluate opportunities for mergers and acquisitions that align with its strategic objectives [36][44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver on its stated strategic goals and generate meaningful value for shareholders [25] - The company anticipates a smooth transition to primary C zone mining at New Afton, with expectations of increased throughput and grade [41] - Management remains vigilant in evaluating acquisition opportunities while prioritizing organic growth [44][46] Other Important Information - The company has cash on hand of $226 million and a liquidity position of $452 million at the end of Q2 [19] - A gold prepayment agreement was entered into, committing to deliver approximately 2,770 ounces of gold per month at an average price of $3,157 per ounce [20] Q&A Session Summary Question: Can you provide additional color on the split in production between Q3 and Q4 of 2025? - Management indicated that production is expected to be consistent across both quarters, with Rainy River generating the majority of cash due to planned production increases [28][29] Question: Do you expect to replace reserves in 2025? - The company aims to increase end-of-year resources and convert inferred resources to reserves, particularly at New Afton and Rainy River [30][32] Question: What are the capital allocation priorities regarding buybacks and dividends? - Management stated that shareholder returns are a focus, with plans to evaluate buybacks and dividends as free cash flow increases towards the end of the year [34][36] Question: Can you clarify the transition to primary C zone mining at New Afton? - Management confirmed that the transition is expected to be smooth, with the B3 zone extending the mine life of C zone and not affecting production guidance [40][41] Question: What is the grade profile expected for the second half of the year? - The company expects a similar high-grade profile in the second half, aligning with production guidance [58][61]
New Gold(NGD) - 2025 Q2 - Earnings Call Transcript
2025-07-28 13:30
Financial Data and Key Metrics Changes - The company reported second quarter revenue of $308 million, an increase compared to the prior year quarter due to higher gold prices and sales, slightly offset by lower copper prices and sales [20] - Cash generated from operations before working capital adjustments was $161 million or $0.20 per share for the quarter, higher than the prior year period [20] - The company achieved a record quarterly free cash flow of $63 million, driven by higher revenue [20] - Net earnings for the second quarter were approximately $68 million or $0.09 per share, with adjusted net earnings of $90 million or $0.11 per share [21] Business Line Data and Key Metrics Changes - Gold production totaled approximately 78,600 ounces and copper production was 13.5 million pounds, with all-in sustaining costs at $13.93 per gold ounce [6][12] - New Afton achieved an all-in sustaining cost of negative $537 per ounce after considering copper credits, while Rainy River had all-in sustaining costs of $16.96 per ounce [13][15] - Rainy River produced 61,600 ounces of gold in the second quarter, with a significant increase in production in June [19] Market Data and Key Metrics Changes - Gold production for the first half of the year was about 38% of the midpoint of the consolidated production guidance range of 325,000 to 365,000 ounces [7] - The company generated over $163 million in cash flow from operations in the first half of the year [7] Company Strategy and Development Direction - The company is focused on generating meaningful value for shareholders and achieving production growth over the next three years [10][25] - Significant investments in exploration efforts are planned, with a combined $30 million targeted for 2025 [27] - The company aims to ramp up production at both New Afton and Rainy River while maintaining a strong focus on health and safety [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production and cost guidance for 2025, with expectations of significant free cash flow generation [25][26] - The company is actively evaluating shareholder returns and potential M&A opportunities while prioritizing organic growth [38][46] Other Important Information - The company completed undercutting at New Afton, unlocking remaining extraction drives for development and construction [8] - The C Zone cave construction is approximately 65% complete, with plans to ramp up processing rates to 16,000 tons per day by early 2026 [7][16] Q&A Session Summary Question: Can you provide additional color on the split in production between Q3 and Q4 of 2025? - Management indicated that production is expected to be consistent across both quarters, with Rainy River generating the majority of cash [31] Question: Do you expect to replace reserves in 2025? - The company aims to increase end-skidded resources and convert inferred resources to reserves, particularly at the Northwest trend [33] Question: What are the capital allocation priorities regarding buybacks and dividends? - Management stated that shareholder returns are a focus, but the current priority is on internal and organic growth [38] Question: Can you clarify the transition to primary C zone mining at New Afton? - Management confirmed that the transition will not delay C zone mining and that production guidance remains intact [43] Question: Is there an expectation to recover the high-grade material delayed in the open pit at Rainy River? - Management confirmed that guidance remains unchanged and the expectation is to recover the material in the second half of the year [50]
Buenaventura(BVN) - 2025 Q2 - Earnings Call Presentation
2025-07-25 15:00
Financial Performance - Buenaventura's 2Q25 net income was US$91 million, compared to US$71 million in 2Q24[4] - The company's cash position is US$589 million, with a debt of US$860 million[4] - Buenaventura redeemed the remaining US$149 million of its 2026 bond on July 23[4] - 2Q25 EBITDA was US$130 million[9] Production - Gold production reached 33800 ounces in 2Q25, a 28% increase compared to 27300 ounces in 2Q24[4] - Silver production was 4 million ounces in 2Q25, an 11% decrease compared to 3600000 ounces in 2Q24[4] - Copper production was 10300 tons in 2Q25, a 19% decrease compared to 13200 tons in 2Q24[4] Costs - Copper All-in Sustaining Cost was US$1872 per TMF-Cu in 2Q25, compared to US$1151 per TMF-Cu in 2Q24[6] - Cost Applicable to Sales was US$6478 per Oz-Au in 2Q25, compared to US$6414 per Oz-Au in 1Q25[6] San Gabriel Project - San Gabriel project is 88% complete and is preparing for ramp-up[13, 15] - 2Q25 CAPEX related to San Gabriel was US$82 million, with a total cumulative CAPEX of US$588 million[4, 12] - The company aims for the first gold bar by 4Q25, pending permits[12, 20]
Education That Inspires, Not Pressures | Malati Kalmadi | TEDxKIS Pune Youth
TEDx Talks· 2025-07-24 16:01
So good morning children. It's wonderful to be here. I love children.I'm passionate about education and I must share with you that India has approximately 25 cr children and today we have in this audience maybe just a speck just one pencil dot but dear children you are the future of our country and I would like to share with you my journey in the field of education where we ignite minds. So do you want to be ignited children. Yes.Louder. Yes. That's it.Because that's what we are going to do today. Just now ...
Curiosity: the catalyst they don’t teach you about | Abheek Shukla | TEDxYouth@TashkentIntlSchool
TEDx Talks· 2025-07-23 15:45
Core Argument - The presentation challenges the notion that curiosity naturally diminishes with age, asserting it's a cultivated trait that can be reignited [7][8] - It emphasizes the importance of nurturing curiosity to maintain a vibrant and engaging perspective on the world [17] Factors Affecting Curiosity - Early childhood is characterized by innate curiosity, exemplified by the average five-year-old asking over 40,000 questions, which is crucial for learning and survival [5] - Societal norms and educational systems often prioritize certainty and achievement, discouraging questioning and exploration [9] - Over-scheduling and a lack of intellectual freedom can stifle curiosity [15] Pillars to Unlock Curiosity - **Un-scheduling:** Creating space and time for curiosity to flourish by slowing down and being present [15] - **Exploration:** Actively seeking new ideas, fields, and perspectives to expose oneself to information gaps and invite uncertainty [16] - **Creation:** Transforming passive knowledge into active discovery through manipulation, testing, and connecting ideas [16] Benefits of Curiosity - Curiosity clears mental fog, dullness, and routine, fostering a deeper engagement with the world [13][14] - It leads to continuous learning and discovery, guiding individuals towards deeper questions rather than fixed answers [17] - Curiosity expands one's perspective, making the world feel more alive, rich, and full of possibilities [17]
AIC Mines (IAUF.F) Earnings Call Presentation
2025-07-23 05:20
Company Overview - AIC Mines has a share price of $0.32, with 718.5 million shares on issue, resulting in a market capitalization of $229.9 million[12] - The company holds $60.9 million in cash and has an enterprise value of $169.0 million[12] - FMR Investments is a substantial shareholder with 11.5% ownership, and directors hold 7.3% of shares[13] Operational Performance & Guidance - FY25 guidance achieved 12,863 tonnes of copper and 5,955 ounces of gold in concentrate, generating $27.4 million net mine cashflow[22] - Eloise Ore Reserve is 2.8 million tonnes grading 2.3% copper and 0.6g/t gold, containing 65,200 tonnes of copper and 56,500 ounces of gold[19] - Eloise Mineral Resource is 5.9 million tonnes grading 2.5% copper and 0.6g/t gold, containing 145,800 tonnes of copper and 120,800 ounces of gold[22] Jericho Development - Jericho Mineral Resource is 19.2 million tonnes grading 2.0% copper and 0.4g/t gold, containing 381,000 tonnes of copper and 245,500 ounces of gold[26] - Jericho Ore Reserve is 6.1 million tonnes grading 1.8% copper and 0.4g/t gold, containing 108,000 tonnes of copper and 70,900 ounces of gold[26] - Combined Eloise Region Mineral Resources total 28.4 million tonnes grading 2.0% copper and 0.4g/t gold for 563,000 tonnes of copper and 409,600 ounces of gold[26] Plant Expansion - Eloise plant expansion is underway with a fixed-cost EPC contract of $77.6 million, targeting commissioning in the December 2026 Quarter[29] - The expansion aims for a throughput capacity of 1.1 million tonnes per annum, with potential for a second stage expansion to 1.5 million tonnes per annum[29]
Wandering and Wondering is Still Part of the Plan | Vincy Khor | TEDxPOWIIS Youth
TEDx Talks· 2025-07-16 15:52
So a very good morning everyone. So I'll start off with a few questions. Have anyone over here already disco your discovered your passion like sports, arts or even math.Can I have a show of hands please. Anyone who has already discovered your passion at this age of time. Thank you.Have you ever decided your RCS subjects yet or A levels or even university majors. If you do, please raise your hands. Okay.And my third question is, have you ever think of what you will be working as in 15 years time. Anyone. Yes ...
X @The Economist
The Economist· 2025-07-14 14:20
General Observation - The content positions viewers as explorers alongside the characters [1] - Together, they discover undreamed-of perils and emerge shaken and aghast [1]