Core Insights - Alkane Resources Ltd produced 36,407 ounces of gold equivalent during the quarter from July 1 to September 30, 2025, with a notable contribution from its three operating mines [3][4][12] - The company reported a cash, bullion, and listed investment balance of A$191 million after repaying A$45 million in debt and incurring one-off transaction costs of A$25 million from the merger with Mandalay Resources [3][4] - The production guidance for FY2026 remains unchanged at 160,000 to 175,000 ounces of gold equivalent, with an all-in sustaining cost (AISC) projected between A$2,600 and A$2,900 per ounce [2][3] Production Details - The quarterly production breakdown includes: - Tomingley: 18,335 Au oz - Costerfield: 8,612 Au oz (5,643 Au oz statutory) - Björkdal: 8,580 Au oz (5,987 Au oz statutory) - Total consolidated production: 35,527 Au oz [1][4] - The total production of antimony was 198 tonnes, contributing to the overall gold equivalent production [1][4] Financial Overview - The company’s total cash at the end of the quarter was A$160 million, with bullion valued at A$14 million and listed investments at A$17 million [3][4] - The repayment of A$45 million in debt and the one-off transaction costs of A$25 million have strengthened the company's balance sheet [3][4] Operational Context - The production slowdown at Björkdal was attributed to the extended summer vacation period in Sweden [3] - Alkane operates three mines: Tomingley in New South Wales, Costerfield in Victoria, and Björkdal in Sweden, with ongoing exploration efforts to enhance resource growth [6][7]

, /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to confirm that operations at its Tahuehueto Gold Project, located in Tepehuanes, Durango, continue running normally following an inspection by Mexico's environmental authority, PROFEPA (ProcuradurÃa Federal de Protección al Ambiente). The inspection, part of Mexico's standard environmental oversight process, reviewed the project's compliance with its Environmental Impact Authorization (MIA) ...

Toronto, Ontario--(Newsfile Corp. - September 30, 2025) - Omai Gold Mines Corp. (TSXV: OMG) ("Omai" or the "Company") has entered into an agreement with Paradigm Capital Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters to be formed (the "Underwriters"), in connection with a "bought deal" private placement offering (the "Offering") of 26,087,000 common shares (each, a "Share") of the Company to be issued at $1.15 per Share (the "Issue Price") for gross proceeds of $30, ...

Financial Performance - The company's plant gate cost decreased by 4% from $364/t in 2Q24 to $348/t in 2Q25[28] - CIF cash cost with royalties decreased by 14% from $515/t in 2Q24 to $442/t in 2Q25[28] - All-in sustaining costs decreased by 24% from $779/t in 2Q24 to $594/t in 2Q25[28] - Short-term trade finance debt decreased by 57% from $101 million in 2Q24 to $43 million in 2Q25[29] - Gross sales revenue was $211 million in 2Q25[32] Production and Sales - Production volume increased by 40% from 49,389t in 2Q24 to 68,368t in 2Q25[28] - The company is on track to deliver 270kt annualized production in FY25E, a 13% increase from 240kt in FY24[28] - Sales volumes were 40,350t in 2Q25[32] - The average provisional price for 2Q25 was $637/t, with a net price of $507/t after adjustments[32] Expansion and Strategy - Phase 2 expansion is underway, leveraging existing infrastructure from Plant 1[34] - The company is pursuing a geographically diversified offtake strategy targeting 240,000t per year with potential prepayment value of $300 million[51] - Sales in August achieved final prices of $966/t (SC6)[18]

Core Viewpoint - Perpetua Resources Corp. is advancing its Stibnite Gold Project, aiming to become a key domestic source of antimony and develop one of the largest gold mines in the U.S. [2][4] Financial Results - The unaudited condensed consolidated financial results for the period ended June 30, 2025, have been filed [1]. Project Development - The company received its final federal permit for the Stibnite Gold Project after eight years of coordination and review [4]. - Early works construction is expected to start in the fall of 2025, with full construction readiness planned for spring 2026 [2][4]. - The project aims to restore an abandoned mine site while producing gold and antimony, which is critical for U.S. defense needs [5]. Financing Efforts - Perpetua Resources closed a gross proceeds equity financing of $425 million, with an additional $49 million from the full exercise of an underwriter option, totaling approximately $474 million [7]. - The company is pursuing a potential royalty or stream arrangement and advancing U.S. EXIM debt financing for up to $2.0 billion [4][7]. Regulatory Approvals - The Idaho Board of Environmental Quality upheld the air permit for the project, rejecting challenges from petitioners [7]. - The U.S. Army Corps of Engineers issued the Section 404 permit for the project [7].

Core Viewpoint - The company reported significant improvements in net revenue and net earnings for the quarter ended June 30, 2025, driven by gains in its securities portfolio and contributions from Sterling and Galibier, despite facing integration costs and lower management fee revenue in other areas. Financial Performance - Net revenue for Q2 2025 was $90.0 million, up from $64.2 million in Q2 2024, with $33.2 million contributed by Sterling and Galibier [3][5] - Operating earnings decreased to $6.1 million from $14.3 million year-over-year, while EBITDA fell to $14.9 million from $21.4 million [4][5] - Net gains for the quarter were $55.0 million, a significant recovery from net losses of $39.2 million in the same quarter last year [5] - Net earnings attributable to shareholders were $55.2 million, compared to a net loss of $23.1 million in the prior year [5] Cash Flow and Equity - Adjusted cash flow from operations attributable to shareholders was $10.7 million, down from $13.9 million in the comparative period [6] - Shareholders' equity as of June 30, 2025, was $1,323 million, or $54.29 per share, compared to $1,318 million, or $53.76 per share at the end of 2024 [6][9] Client Assets - Total client assets were reported at $164.1 billion as of June 30, 2025, down from $169.0 billion at the end of 2024, with a notable increase of $107.0 billion attributed to Sterling and Galibier since June 30, 2024 [2][6] - The decrease in total client assets since December 31, 2024, was primarily due to the depreciation of the US dollar against the Canadian dollar, which reduced total client assets in the US segment by $6.5 billion [2]

South Atlantic is an exploration company engaged in acquiring and advancing mineral properties in the Americas. For further information, please visit our website at www.southatlanticgold.com. Vancouver, B.C. – July 31, 2025 – TheNewswire - South Atlantic Gold Inc. ("South Atlantic" or the "Company") (TSX-V: SAO), advises it has entered into a loan and unsecured promissory note agreement (the "Loan") with a non-arms length party (the "Lender") of the Company in the amount of $500,000. Proceeds from the Loan ...

VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. (“Maxus” or the “Company”) (CSE: MAXM | FRA: R7V), is pleased to announce that is has closed its non-brokered private placement (the “Offering”) previously announced on June 20, 2025 and has issued 10,302,200 units (each, a “Unit”), at a price of $0.35 per Unit, for aggregate gross proceeds of $3,605,770. Each Unit is comprised of one common share of the Company (each, a “Share”) and one transferable common share purchase warra ...

Core Points - Midasco Capital Corp. has received conditional acceptance from the TSX Venture Exchange for its acquisition of Spartan Exploration Nevada Corporation, a subsidiary of Ridgeline Minerals Corp. This acquisition is part of a proposed transaction and concurrent reactivation of Midasco's listing to become a Tier 2 mining issuer on the TSXV [1][2] - The company plans to change its name to "Spartan Metals Corp." and its ticker symbol to "W" upon closing the proposed transaction, which is expected to occur in July 2025 [2] - Midasco intends to appoint Kosta Tsoutsis to its Board of Directors, who has over 20 years of experience in finance and capital markets [3]

Company Overview - Ridgeline Minerals Corp. is a discovery-focused precious and base metal explorer with a management team that has a proven track record [2] - The company has a 200 km² exploration portfolio across seven projects located in Nevada, USA [2] - Ridgeline operates a hybrid exploration model, featuring a mix of 100%-owned exploration assets and earn-in agreements with Nevada Gold Mines and South32 [2] Recent Developments - The company announced an update regarding its upcoming annual general meeting scheduled for August 12, 2025, correcting a typographical error related to the record date, which is confirmed as July 3, 2025 [1]