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Americas Gold and Silver (NYSEAM:USAS) 2025 Conference Transcript
2025-11-10 12:02
Summary of Americas Gold and Silver Conference Call Company Overview - **Company**: Americas Gold and Silver (NYSEAM:USAS) - **Primary Asset**: Galena Complex in Idaho, USA - **Other Assets**: Cosalá Mine in Mexico, Relief Canyon, and San Felipe exploration asset Key Points and Arguments 1. **Management Team**: The company emphasizes the importance of a skilled management team with a strong track record in mining operations and turnaround strategies [2][3][4] 2. **Turnaround Expertise**: Americas Gold and Silver is recognized as a turnaround expert, having successfully revitalized struggling mining assets in the past [2][4] 3. **Historical Success**: Previous successes include Klondex Mines sold for $700 million and RNC Minerals sold for $1.3 billion, showcasing the team's ability to enhance asset value [3][4] 4. **Galena Complex**: The Galena Complex has a rich mining history and is positioned in a premier silver mining area, with a production goal of returning to 5 million ounces of silver per year [8][9][10] 5. **Infrastructure Value**: The existing infrastructure at Galena is valued at over $2 billion, which provides a significant advantage for future operations [10] 6. **Production Capacity**: The company plans to increase the hoisting capacity from 350 tons per day to 900 tons per day, which will enhance mill feed and overall production [11][12] 7. **Mining Method Changes**: Transitioning from underhand cut and fill to long-hole stoping is expected to improve efficiency and production rates [12][13] 8. **Resource Endowment**: Galena has over 170 million ounces of silver, with plans to compress mine life by increasing production beyond 5 million ounces per year [14][15] 9. **High-Grade Mining**: The current head grades are around 480 grams per tonne silver, with aspirations to return to historical grades of 700 grams per tonne [15][17] 10. **Byproduct Revenue**: The renegotiated offtake agreement with Teck Resources allows the company to receive payments for byproducts, including antimony, which has significant revenue potential [19][20] 11. **Antimony Production**: Galena is the only large-scale producing antimony mine in the U.S., with plans to capitalize on this byproduct through new processing facilities [19][21] 12. **Cosalá Mine**: The Cosalá operation is producing 1.5-2 million ounces of silver annually and is set for exploration drilling to enhance production [21][22] 13. **Shareholder Alignment**: Management and directors have a strong alignment with shareholders, having increased their ownership from 7% to 63% since the deal announcement [22][23] Additional Important Information - **Market Position**: The company is positioned as the third highest-grade silver mine globally, with 87% of revenue exposure to silver [22] - **Analyst Coverage**: The company has gained interest from four new analysts, indicating growing market confidence [23] This summary encapsulates the key insights and strategic direction of Americas Gold and Silver as discussed in the conference call.
X @Bloomberg
Bloomberg· 2025-11-10 05:52
Shareholders of TS Group, a Singapore-based provider of purpose-built foreign worker dormitories, are considering selling a controlling stake in the business in a deal that could be worth at least $384 million https://t.co/yFlpnGkzuW ...
Endeavour Silver(EXK) - 2025 Q3 - Earnings Call Presentation
2025-11-07 18:00
Company Strategy & Growth - Endeavour Silver aims to become a leading senior silver producer through organic growth and strategic acquisitions [17] - The company targets production of 30 million ounces of silver equivalent (AgEq) by 2030, dubbed "30 by 30" [16] - Endeavour Silver strategically acquires key assets, exemplified by the acquisition of the Kolpa mine in Peru [14, 24] Production & Operations - YTD 2025 production reached 74 million ounces AgEq [19] - Guanaceví contributed 52% to YTD 2025 metal sales quantity, followed by Kolpa at 20% and Bolañitos at 28% [20] - Terronera mine commenced commercial production on October 1, 2025, with average daily production of 1,841 tonnes in July [18, 43, 52] Kolpa Mine Acquisition - The Kolpa mine acquisition is expected to increase Endeavour's annual production profile by approximately 50 million ounces AgEq [25] - Since May 1, 2025, Kolpa has produced 209 million ounces AgEq [22] - In Q3 2025, Kolpa produced 598,689 ounces of silver, 5,664 tonnes of lead, 3,666 tonnes of zinc, and 120 tonnes of copper [29] Pitarrilla Project - Endeavour Silver is advancing an economic study for the Pitarrilla project, one of the world's largest undeveloped silver deposits [18, 60] - In 2025, an estimated $257 million is allocated for Pitarrilla, including $166 million for feasibility study, development, and exploration [18] - Pitarrilla's resource mix is 60% silver and 40% lead/zinc [59]
Goldman Sachs BDC outlines $470.6M in new commitments and signals sustained M&A momentum into 2026 (NYSE:GSBD)
Seeking Alpha· 2025-11-07 16:16
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SCSC Q3 Deep Dive: Revenue Miss Sparks Focus on Profitability and Acquisition Strategy
Yahoo Finance· 2025-11-07 05:32
Technology distribution company ScanSource (NASDAQ:SCSC) missed Wall Street’s revenue expectations in Q3 CY2025, with sales falling 4.6% year on year to $739.7 million. On the other hand, the company’s full-year revenue guidance of $3.2 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $1.06 per share was 14% above analysts’ consensus estimates. Is now the time to buy SCSC? Find out in our full research report (it’s free for active Edge members). ScanSource (SCSC) Q3 ...
Air Lease Q3 Earnings & Revenues Top Estimates, Improve Year Over Year
ZACKS· 2025-11-06 19:40
Key Takeaways AL's Q3 EPS of $1.29 missed estimates while rose 3.2% on higher flight equipment rental revenue.Revenues climbed 5.1% to $725.4M, boosted by fleet growth and end-of-lease income.AL's fleet totaled 781 aircraft at Q3-end, including 228 on order for future deliveries.Air Lease Corporation (AL) reported third-quarter 2025 earnings per share of $1.29, which missed the Zacks Consensus Estimate of $1.60. However, the bottom line improved 3.2% year over year owing to an increase in AL’s total rental ...
X @Bloomberg
Bloomberg· 2025-11-06 15:17
Canadian jet manufacturer Bombardier is considering mergers and acquisitions in the defense sector, seeking to capitalize on governments’ plans to spend heavily to rearm their militaries https://t.co/wcIRxsWJE8 ...
RSM UK adds senior executives to transactions tax team in London
Yahoo Finance· 2025-11-06 11:14
RSM UK has expanded its transactions tax team with the addition of Alistair Haley as partner and Andrew Parker as director, both in London. Haley has worked in tax advisory roles for almost 25 years, with a focus on corporate and private equity transactions. His background includes experience in cross-border mergers and acquisitions and a familiarity with fund structures used by large investors. At RSM, his role involves advising on tax structuring and due diligence for private equity investments across ...
$10B Modern Wealth Hires Derek Bruton to Head M&A
Yahoo Finance· 2025-11-06 11:00
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Modern Wealth Management, a $10 billion registered investment advisor co-founded by former United Capital executives, has appointed Derek Bruton as head of mergers and acquisitions. Bruton joins Modern Wealth from executive recruiting firm and M&A consultancy Gladstone Group, where he oversaw RIA sell-side transactions and led the strategic growth consulting division. His past experience i ...
Marvell Technology stock is jumping. An M&A report is the trigger.
MarketWatch· 2025-11-06 09:59
Core Viewpoint - Shares of Marvell Technology experienced a significant increase in premarket trading following reports that SoftBank was considering acquiring the U.S. chipmaker, which would represent a record deal [1] Company Summary - Marvell Technology's stock price surged in premarket trading, indicating strong investor interest and potential market confidence in the company's future prospects [1] Industry Summary - The potential acquisition by SoftBank highlights ongoing consolidation trends within the semiconductor industry, suggesting a competitive landscape where major players are seeking strategic partnerships and acquisitions to enhance their market positions [1]