TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce production of 3,030 ounces of gold for the second quarter of 2025 (“Q2”) at its Galaxy Gold Mine (“Galaxy”), a 3% increase in gold production compared to Q1 2025 and a 90% increase on Q2 2024. The Q2 production numbers are as follow: Mining Q22025Q1 2025Q22024PrincetonOre Mined(t)12,3468,4725,128Ore Grade(g/t)<td style="border-right: so ...

Group 1 - B2Gold Corp. announced the first gold pour at its Goose Mine, marking a significant advancement in its global portfolio with high-quality assets [1] - The Goose Mine, located in Nunavut, Canada, is B2Gold's fourth producing mine and its first operating asset in Canada [2] - Ore processing at the Goose Mine commenced on June 24, 2025, with the mill operating at approximately 50% of its nameplate capacity, aiming for full capacity by Q3 2025 [3] Group 2 - B2Gold projects gold production of 120,000 to 150,000 ounces for 2025, with an average annual production of 300,000 ounces expected from 2026 to 2031 [3] - The company has allocated $32 million of its $61 million corporate exploration budget for 2025 to the Back River Gold District, indicating significant exploration potential [4] Group 3 - In Q1 2025, B2Gold reported adjusted earnings per share of 9 cents, surpassing the Zacks Consensus Estimate of 8 cents, with revenues of $532 million compared to $461 million in the prior year [5] - Consolidated gold production for the March-end quarter was 192,752 ounces, a decrease of 10.1% year over year, but higher than the company's expectations [5] Group 4 - B2Gold's stock has increased by 39.4% over the past year, while the industry has seen a growth of 49.9% [6]

Key Takeaways EQX's Q1 gold production hit 145,290 ounces, up 30% year over year and a new quarterly record. Greenstone ramp-up fueling growth, though milling grades and throughput have been below expectations. Equinox Gold expects 2025 gold output of 785K-915K ounces, excluding Los Filos and Valentine mines.Equinox Gold Corp.’s (EQX) standout operational metric in the first quarter has been gold production volumes, which reached 145,290 ounces, a first-quarter record and robust increase from 111,725 ounc ...

Perth, June 11, 2025 (GLOBE NEWSWIRE) -- Perth, Western Australia/ June 11, 2025/ Perseus Mining Limited (ASX/TSX: PRU) (Company) is pleased to provide its gold production and All-In Site Cost (AISC) outlook for the five-year period from FY26 to FY30 inclusive for its portfolio of mines located in Ghana, Côte d’Ivoire and Tanzania. The Five-year Operating Outlook incorporates the updated planning outlook for each of Perseus’s three existing operations based on planning assumptions reflecting current operat ...

Core Viewpoint - Asante Gold Corporation reported significant operational progress and financial results for Q1 2026, with expectations for continued growth and production increases in the coming years [3][5][14]. Financial Results - Revenue for Q1 2026 was $141.98 million, a 24% increase from $114.31 million in Q1 2025, driven by higher gold prices despite a lower volume of gold sold [4][5]. - Total comprehensive loss for the quarter was $(20.04) million, compared to $(16.04) million in the same period last year [4]. - Adjusted EBITDA rose to $30.66 million from $13.03 million year-over-year, reflecting the impact of high gold prices [6]. Operational Results - Gold equivalent production was 51,912 ounces, down from 53,379 ounces in the same quarter of the previous year, attributed to lower feed grades at the Bibiani mine [7][11]. - The average gold price realized per ounce was $2,946, compared to $2,133 in the same period last year [5]. - All-in sustaining costs (AISC) increased by 58% to $2,971 per ounce, primarily due to increased stripping costs and lower grade ore [8][12]. Bibiani Mine Performance - Total material mined at Bibiani increased by 291.4% to 11,970 kt, while ore mined decreased by 4.8% to 558 kt [9][10]. - The strip ratio at Bibiani was 20.5:1, significantly higher than 4.2:1 in the previous year, reflecting the company's strategy to reduce waste stripping backlog [9][10]. - Revenue from Bibiani was $46.67 million, up from $41.31 million year-over-year, with an average gold price realized of $2,794 per ounce [9]. Chirano Mine Performance - Revenue for the Chirano mine was $95.31 million, an increase from $73.00 million in the same quarter of 2024 [15]. - Gold equivalent production was 34,671 ounces, slightly up from 34,196 ounces year-over-year, despite a decrease in ore grade processed [19]. - AISC for Chirano increased to $2,587 per ounce from $1,951 per ounce, driven by higher sustaining capital expenditures [20]. Future Outlook - The company plans to produce between 155,000 and 175,000 gold ounces at both Bibiani and Chirano for the year ending January 31, 2026, with significant production increases expected in the latter part of the fiscal year [14][21]. - The commissioning of the sulphide treatment plant is anticipated to enhance gold recovery and is expected to be fully operational by Q3 2026 [13][14].

Core Viewpoint - McEwen Mining Inc. announces the commencement of construction at the Stock Mine, which is expected to enhance gold production and reduce costs per ounce, coinciding with high gold prices [1][4]. Group 1: Project Development - Construction of the ramp system at the Stock Mine is underway, aimed at facilitating access to lower-cost gold production [1]. - The Stock Mine is part of the Fox Complex and is strategically located in the Timmins gold mining district, known for its rich gold deposits [1]. - The Stock Mine previously produced 137,000 ounces of gold at an average grade of 5.5 g/t from 1989 to 2005 [3]. Group 2: Resource and Production Potential - Extensive drilling has defined three gold zones (West, Main, and East) at the Stock Mine, with current resources of 281,000 ounces at an average grade of 3.12 g/t Indicated and 181,000 ounces at an average grade of 2.87 g/t Inferred [4]. - Mining is expected to commence in the East Zone, which has seen a recent increase in resources, providing early production and cash flow [6]. Group 3: Cost Advantages - The Stock Mine will eliminate a previous metal stream obligation from the Froome Mine, which required selling 8% of production at $605 per ounce [1][9]. - The material at Stock is softer, allowing for higher mill throughput and increased gold production compared to the Froome Mine [9]. - The proximity of the Stock Mine to the mill will significantly reduce haulage costs, as the Froome Mine is located 35 kilometers away [9].

Details of Management Conference Call Strong Q1 Performance Driven by Increased Production and Higher Gold Prices ST HELIER, Jersey, May 12, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces its operating and financial results for the quarter ended March 31, 2025 (“Q1 2025” or the “Quarter”). Further information on the financial and operating results for the Quarter can be found in the Management Discussion and Ana ...

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].

IAMGOLD (IAG) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Company Participants Graeme Jennings - Vice President of Investor Relations & Corporate CommunicationsRenaud Adams - CEO, President & DirectorMaarten Theunissen - CFOBruno Lemelin - Chief Operating OfficerAnita Soni - Managing DirectorTanya Jakusconek - Director specializing in Gold & Precious Minerals Conference Call Participants Mohamed Sidibé - Equity Research AnalystCarey MacRury - Equity Research AnalystLawson Winder - Analyst Operator Thank ...

LaFleur Minerals Begins Permitting Process for a Bulk Sample from the Swanson Deposit to be Processed at its Beacon Gold MillMay 01, 2025 9:15 AM EDT | Source: LaFleur Minerals Inc.Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to announce that it has initiated the permitting process to extract a surface bulk sample from its Swanson Gold Deposit located within a mining l ...