[Musique] [Applaudissements] Bonsoir, j'espère que vous allez bien. J'espère que vous allez bien. quand même, je vais laisser pour vous raconter une histoire particulière que je connais bien puisque c'est la mienne.Je suis léo urbane, plus communément connu sous le nom de Léopole Urbain. Je c'est c'est mon vrai prénom. Je suis allé dans une des chambres les plus primaires qu'il soit, les plus anciennes de la planète jusqu'à la 180 millions d'années.Et les images que vous voyez juste ici derrière, c'est l'un ...

Key Takeaways on Career & Passion - The speaker reflects on the common Gen Z struggle of defining a career path post-graduation, highlighting the pressure to find one's passion [1] - The speaker initially felt lost despite extensive extracurricular involvement, revealing a sense of obligation rather than genuine passion in those activities [1] - The speaker challenges the misconception that passion is a pre-existing feeling to be discovered, instead advocating for passion as something built through exploration and learning [1][2] - The speaker emphasizes the importance of taking action and starting a process before expecting to find passion, suggesting that passion emerges from engagement and experience [8] - The speaker shares a personal anecdote of discovering leadership potential through initially obligatory activities, illustrating how consistent effort can lead to unexpected passion and skill development [6][7] The "Effect of Getting Hooked" - Four Stages - The speaker outlines four stages: initial boredom due to external demands, gradual realization of benefits, emotional investment and pride in one's work, and finally, an inability to imagine doing anything else [9][10][11][12] - The speaker compares discovering passion to the process of courtship, emphasizing the need to approach and try things to see if they fit, accepting that not every attempt will succeed [13] - The speaker encourages listeners to stop searching for passion and instead start taking action, as the fear of not liking something can hinder progress [14][15] - The speaker highlights that passion often arises from unexpected sources, urging listeners to step outside their comfort zones and try new things [17][18] - The speaker concludes by advocating for learning to love what is in front of you, emphasizing that action and engagement are necessary to discover and cultivate passion [19][20]

Equinox Gold (EQX) Q2 2025 Earnings Call August 14, 2025 10:30 AM ET Company ParticipantsRyan King - EVP - Capital MarketsDarren Hall - CEO & DirectorDavid Schummer - COOAnita Soni - Managing DirectorPeter Hardie - Chief Financial OfficerJeremy Hoy - VP - Mining & Metals - Equity ResearchJohn Tumazos - Owner & CEOConference Call ParticipantsOvais Habib - Precious Metals AnalystMohamed Sidibé - Equity Research AnalystOperatorThank you for standing by. This is the conference operator. Welcome to the Equinox G ...

Financial Data and Key Metrics Changes - In Q2 2025, Endeavor Silver reported revenue of $85 million, a 46% increase compared to the prior year, driven by higher precious metal prices and increased production [6] - The company produced 1.5 million ounces of silver and 7,800 ounces of gold, totaling approximately 2.5 million silver equivalent ounces, representing a 13% increase compared to 2024 [5] - Mine operating cash flow before working capital changes rose by 21%, while cash costs were $15.35 per ounce of payable silver, and all-in sustaining costs were $25.26 per ounce [6] - The company reported a net loss of $20 million for the period, primarily due to operating losses during the commissioning of Terronera and increased general and administrative expenses [6][7] Business Line Data and Key Metrics Changes - The integration of the newly acquired Colpa mine is ongoing, with production expected to align with historical performance of approximately 5 million silver equivalent ounces annually [9] - The company anticipates achieving an annualized production profile of 20 million silver equivalent ounces by 2026, combining output from Terronera, Guanacevi, and Bolanitos [10] Market Data and Key Metrics Changes - As of June 30, the company's cash position was $52 million, but working capital was negative, which is by design as Terronera approaches commercial production [7] - The company is focusing on optimizing throughput and recovery rates at Terronera, with throughput averaging between 1,900 and 2,000 tons per day and silver and gold recoveries averaging 71% and 67%, respectively [7][16] Company Strategy and Development Direction - The company is focused on achieving commercial production at Terronera and integrating the Colpa acquisition, which is expected to enhance its position as a leading mid-tier silver producer [5][8] - Management is exploring additional acquisition opportunities but emphasizes the need for a breather to ensure Terronera reaches commercial production and generates positive cash flow [23][24] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the ramp-up of Terronera, targeting commercial production by the end of July 2025, and expects recoveries to improve as operational adjustments are made [16][29] - The company anticipates working capital to improve in the second half of the year as cash flows from Terronera are realized [44] Other Important Information - The company is advancing the Pitoria project, focusing on upgrading inferred resources and obtaining necessary permits for tailings dam and economic studies [10][78] - The integration of the Colpa mine is expected to take time, with management working on validating historical resources before providing production guidance [9][75] Q&A Session Summary Question: Update on commercial production at Terronera - Management indicated that the ramp-up is progressing well, with recoveries expected to align with historical averages as operational adjustments are made [16][29] Question: Operating costs at Colpa - Management noted that integration costs are impacting current operating costs but expects them to align with historical performance as operations stabilize [30][32] Question: Hedging strategy moving forward - The company prefers not to hedge precious metals, focusing instead on providing exposure to silver price movements for shareholders [41][42] Question: Exploration potential at Colpa - Management is reorganizing the exploration team to adopt a more systematic approach to exploration, with results expected soon [55][56] Question: Timeline for updated technical report for Colpa - An updated technical report is anticipated by mid-2026, as validation of historical resources is underway [75][76]

Imagine this. It's late at night. You're standing at your studio surrounded by chaos.Unfinished projects, scattered sketches of a fashion design collection, unfinished mood boards for a photography shoot, branding strategies for a client. You're exhausted. And yet, you think to yourself, "Let me just do one more thing." That was me for almost the past 10 years.I wasn't just a creative. I was a juggler. My career spanned photography.My career spanned photography, fashion design, marketing, and I was chasing ...

Financial Data and Key Metrics Changes - Free cash flow reached $146 million, enabling the repayment of the remaining balance on a revolving credit facility and funding initial share repurchases, resulting in a higher cash balance at quarter end [3][17] - Adjusted EBITDA is updated to over $800 million for the full year, with free cash flow expected to exceed $400 million [3][17] - Consolidated gold and silver production increased by 2527% respectively compared to the last quarter, totaling 108,000 ounces of gold and 4.7 million ounces of silver [5][6] - Total adjusted cash per ounce for gold and silver decreased by 56% respectively compared to the last quarter [5] Business Line Data and Key Metrics Changes - At Los Chispas, silver production reached nearly 1.5 million ounces and gold production added 16,000 ounces, both exceeding annual guidance levels [6] - Palmarejo generated $42 million of free cash flow, driven by gold and silver production increases of 186% respectively compared to the first quarter [6] - Rochester saw silver and gold production increase by 137% respectively compared to the prior quarter and by 5079% compared to last year's second quarter [7] - Kensington achieved a 17% quarter-over-quarter production increase, generating $20 million of free cash flow [8] - Wharf's quarterly gold production increased by 18% to over 24,000 ounces, leading to free cash flow of $38 million [9] Market Data and Key Metrics Changes - The company reaffirmed its overall production and cost guidance for 2025, anticipating a stronger second half of production growth and higher margins [4] - The adjusted EBITDA margin reached 51%, more than double the margin from the same time last year [16] Company Strategy and Development Direction - The company is focused on brownfield exploration potential around existing sites, with a significant increase in land positions around each asset [28] - The exploration program at Los Chispas is delivering promising results, with a focus on extending and infilling known veins [10][11] - The company aims to maintain a six-year mine life at Los Chispas while exploring opportunities for production growth [50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a net cash position by year-end, supported by strong cash flow and a solid balance sheet [3][17] - The company anticipates generating second half free cash flow of between $250 million to $300 million based on updated pricing forecasts [18] - Management highlighted the importance of maintaining operational flexibility and efficiency across all sites [58] Other Important Information - The company fully repaid the $110 million balance on its revolving credit facility, a quarter ahead of schedule [17] - Cash and cash equivalents increased by 44% versus Q1 to $112 million [17] - The company is implementing a $75 million share buyback program as part of its return of capital strategy [17] Q&A Session Summary Question: Is there an opportunity to accelerate Silvertip into a development project? - Management indicated a five-year timeframe for Silvertip but noted potential to shorten it due to supportive measures for critical minerals projects in Canada [26][27] Question: What are the biggest items to drive production growth? - Management emphasized brownfield exploration potential across existing sites, with significant opportunities at Wharf, Palmarejo, Kensington, and Las Chispas [28][29] Question: Clarification on free cash flow and tax implications? - Management confirmed that Mexico will continue to pay quarterly taxes, while the U.S. will maintain a zero tax rate due to net operating losses [35][38] Question: Insights on the share buyback program and Las Chispas exploration? - Management described the buyback program as having both discretionary and non-discretionary components, with plans to increase repurchase activity post-second quarter results [47][48] - Exploration at Las Chispas is focused on high-grade blocks, with positive results expected to support mine life and production growth [50][55]

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 ...

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) Q2 2025 Earnings Call July 28, 2025 08:30 AM ET Company ParticipantsAnkit Shah - EVP & Chief Strategy OfficerTravis Murphy - VP - OperationsKeith Murphy - EVP & CFOPatrick Godin - President, CEO & DirectorMichael Siperco - Director, Global Mining ResearchConference Call ParticipantsLawson Winder - Senior Metals & Mining Research AnalystAnita Soni - Managing Director - Senior Precious Metals Research AnalystMohamed Sidibé - Equity Research AnalystOperatorGood morning. My name is Jean Louis, an ...

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]