民生证券指出，招金矿业持有海域金矿70%股权，海域金矿目前已全面进入建设快车道，项目有序推 进。截至2025年上半年，1.2万吨/日选矿系统已经一次性带水试车成功，初步具备了工业化的生产能 力，达产后可贡献黄金年产量15-20吨。根据可研报告，克金完全成本仅为120元/克，矿山盈利能力优 越，海域金矿作为亚洲最大的单体金矿，未来开发可期。 消息面上，招金矿业此前发布中期业绩。上半年招金矿业实现收入69.73亿元，同比劲增50.69%；归母 净利润同比大增160.44%至14.4亿元。上半年业绩表现优异主要因金价上涨，今年上半年金价均价按年 上涨38.9%至724.29元人民币/克。 招金矿业(01818)再涨超6%，高见24.5港元创新高。截至发稿，涨6.15%，报24.5港元，成交额3.23亿港 元。 ...

民生证券指出，招金矿业持有海域金矿70%股权，海域金矿目前已全面进入建设快车道，项目有序推 进。截至2025年上半年，1.2万吨/日选矿系统已经一次性带水试车成功，初步具备了工业化的生产能 力，达产后可贡献黄金年产量15-20吨。根据可研报告，克金完全成本仅为120元/克，矿山盈利能力优 越，海域金矿作为亚洲最大的单体金矿，未来开发可期。 消息面上，招金矿业此前发布中期业绩。上半年招金矿业实现收入69.73亿元，同比劲增50.69%；归母 净利润同比大增160.44%至14.4亿元。上半年业绩表现优异主要因金价上涨，据Wind，今年上半年金价 均价按年上涨38.9%至724.29元人民币/克。 智通财经APP获悉，招金矿业(01818)再涨超6%，高见24.5港元创新高。截至发稿，涨6.15%，报24.5港 元，成交额3.23亿港元。 ...

Turaco Gold (TCG) 2025 Conference August 04, 2025 04:20 AM ET Company ParticipantsJustin Tremain - Managing DirectorNoneNext up, we have Turaco Gold, another company that I have the pleasure of covering. Justin Tremaine is the Managing Director at Turaco. He's got a background in project finance and has been running gold companies for around the last fifteen years or so. He was the founding and managing director of Renaissance Minerals before it was acquired by Emerald, with Morgan here beside me. And then ...

Summary of Barton Gold Holdings (BGD) Conference Call - July 22, 2025 Company Overview - Barton Gold Holdings is a pure play gold developer focused in South Australia, specifically in the Gullah Craton region, known for its high-grade gold production history and geological significance [2][3] Key Points Strategic Focus and Assets - The company has acquired significant historical exploration and production assets in the region since 2017, including the only gold mill [3][4] - Target production is set at 150,000 ounces per annum, with a current resource of 1,600,000 ounces at the Tonquilla project and 222,000 ounces at the Central Golar Mill [4][5] Financial Position - Barton Gold has approximately 224 million shares outstanding, an enterprise value of around $150 million, and $9 million in cash [5] - The company has raised only $13 million publicly since its IPO, demonstrating efficient capital management with $40 million invested over four years [6][7] Operational Plans - The company plans to transition stage one operations into production within the next 18 months while applying for a mining lease for stage two expansion [5][22] - The cost to reinstate the Central Golar Mill is estimated at 26 million Australian dollars, significantly lower than building new infrastructure [13][14] Production and Cash Flow Projections - Stage two at Tonquilla is projected to produce about 120,000 ounces per annum, generating approximately $2.7 billion in operating free cash flow on a $400 million investment [15][16] - The first thirteen months of production are expected to yield 206,000 ounces, generating $825 million in operating free cash flow [17] High-Grade Discoveries - The company has made a high-grade silver discovery alongside gold, with ongoing drilling expected to yield further results [19][20] - Historical high-grade workings in the Tarkula project area present additional opportunities for resource expansion [18] Future Outlook - Barton Gold anticipates having 2.2 to 2.3 million ounces of resources in the near future and aims to become a major producer by the end of 2026 [22] Additional Insights - The leadership team has extensive experience in mining, with a significant portion coming from Normandy Mining, enhancing the company's operational credibility [8][9] - The company emphasizes a low dilution track record and strong alignment between management and shareholders [6][10] This summary encapsulates the key aspects of Barton Gold Holdings' conference call, highlighting its strategic focus, financial health, operational plans, and future outlook in the gold mining sector.