Mineral Reserves
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Centerra Gold Announces 2025 Year-End Mineral Reserves and Resources and Provides Exploration Update; Gold and Copper Reserves Increased 58% and 49%
Globenewswire· 2026-02-19 22:01
All figures are in United States dollars unless otherwise stated. This news release contains forward-looking information that is subject to risk factors and assumptions as set out in the “Cautionary Note Regarding Forward-Looking Information” below. TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces its 2025 year-end estimates for mineral reserves and mineral resources. Proven and probable gold mineral reserves increased 58% year-ove ...
Fortuna(FSM) - 2025 Q4 - Earnings Call Presentation
2026-02-19 17:00
We envision. We deliver. Q4 - FY 2025 Financial and Operational Results Webcast February 19, 2026 NYSE: FSM | TSX: FVI We envision. We deliver. Q4 - FY 2025 Highlights FY 2025 record free cash flow from ongoing operations4 of $330 million Cash Flow & Margins Balance Sheet Strength Delivering Growth Production $704.0 M in liquidity $381.5 M net cash position Safety Cash Cost & AISC Record FCF from Operations1,4 $132.3 M Q3 2025: $73.4 M Operating cash flow before working capital of $147.6 M or $0.48/share2 E ...
OceanaGold Reports Mineral Reserves and Resources for the Year Ended 2025
Prnewswire· 2026-02-18 22:00
Core Viewpoint - OceanaGold Corporation reported its Mineral Reserves and Resources for the year ended December 31, 2025, highlighting significant changes in reserves and resources due to exploration efforts and higher gold prices, with a total of 5.83 million ounces of gold in reserves and 8.63 million ounces in measured and indicated resources [1][2][3]. Group 1: Mineral Reserves - Total Mineral Reserves decreased by 0.39 million ounces from the previous year, primarily due to depletion at Haile and a change in mining method at Ledbetter from open pit to underground, which improved overall asset NPV [1][2]. - The gold price assumption for reserves was increased to $2,200 per ounce, which allowed for new open pit phases at Macraes, extending its mine life to 2032 [1][2]. - The Haile mine is expected to produce an average of 210,000 ounces of gold per year from 2027 through 2031, providing a more sustainable production profile [1][3]. Group 2: Mineral Resources - Total Measured and Indicated Resources decreased by 0.31 million ounces from the prior year, mainly due to mining depletion and the change in mining method at Ledbetter [2][3]. - Inferred Resources increased by 0.3 million ounces, driven by additions at Wharekirauponga Underground and gold price-related open pit expansions at Macraes [2][3]. - The company plans to increase its exploration investment by 50%, with a budget of $60 million for 2026, reflecting its commitment to organic growth in reserves and resources [1][2]. Group 3: Operational Changes - The transition to underground mining at Ledbetter is expected to reduce waste movement and greenhouse gas emissions while improving the NPV of the Haile asset [1][3]. - Updated technical reports for Haile and Macraes will be filed by the end of March 2026, including life-of-mine plans and capital cost estimates based on Mineral Reserves only [1][2]. - The construction of the LUG portal at Haile is scheduled to commence in 2028, with first development ore expected in 2029 and steady-state production anticipated in 2030 [1][3].
SSR Mining(SSRM) - 2025 Q4 - Earnings Call Transcript
2026-02-17 23:02
SSR Mining (NasdaqGS:SSRM) Q4 2025 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsAlex Hunchak - VP of Investor Relations & Capital MarketsBill MacNevin - EVP of Operations and SustainabilityCosmos Chiu - Managing Director and Director of Precious Metals Equity ResearchMichael Sparks - CFORod Antal - Executive ChairmanConference Call ParticipantsDon DeMarco - AnalystGeorge Eadie - AnalystOvais Habib - AnalystOperatorHello everyone, and welcome to SSR Mining's fourth quarter and full year 20 ...
SSR Mining(SSRM) - 2025 Q4 - Earnings Call Transcript
2026-02-17 23:02
SSR Mining (NasdaqGS:SSRM) Q4 2025 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsAlex Hunchak - VP of Investor Relations & Capital MarketsBill MacNevin - EVP of Operations and SustainabilityCosmos Chiu - Managing Director and Director of Precious Metals Equity ResearchMichael Sparks - CFORod Antal - Executive ChairmanConference Call ParticipantsDon DeMarco - AnalystGeorge Eadie - AnalystOvais Habib - AnalystOperatorHello everyone, and welcome to SSR Mining's fourth quarter and full year 20 ...
Agnico Eagle(AEM) - 2025 Q4 - Earnings Call Presentation
2026-02-13 16:00
NYSE & TSX: AEM The information in this presentation has been prepared as at February 12, 2026. Certain statements contained in this presentation constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" under the provisions of Canadian provincial securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, that address circumstance ...
AGNICO EAGLE PROVIDES AN UPDATE ON 2025 EXPLORATION RESULTS AND 2026 EXPLORATION PLANS - YEAR OVER YEAR MINERAL RESERVES INCREASE 2% TO 55.4 MOZ; INDICATED MINERAL RESOURCES INCREASE 10% TO 47.1 MOZ AND INFERRED MINERAL RESOURCES INCREASE 15% TO 41.8 MOZ
Prnewswire· 2026-02-12 22:30
Agnico Eagle is Canada's largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholder ...
Fortuna Submits Exploitation Permit Application for the Diamba Sud Gold Project, Senegal
Globenewswire· 2026-02-10 10:00
Core Viewpoint - Fortuna Mining Corp. has submitted an application for an exploitation permit for the Diamba Sud Gold Project, indicating progress in its development strategy [1][2]. Group 1: Project Development - The company is advancing early works and engineering at Diamba Sud, including site preparation and detailed engineering programs aimed at de-risking critical path activities [2]. - An updated Mineral Resource estimate for Diamba Sud is expected to be published by the end of February 2026, which will inform the estimation of Mineral Reserves for the feasibility study [2]. - A construction decision for the project is targeted for mid-2026, contingent upon receiving all necessary permits [2]. Group 2: Economic Assessment - The Preliminary Economic Assessment (PEA) completed in October 2025 demonstrated robust project economics for Diamba Sud [2]. Group 3: Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and exploration projects in Argentina, Côte d'Ivoire, Mexico, Peru, and the Diamba Sud Gold Project in Senegal [3]. - The company emphasizes sustainability in its operations and stakeholder relationships, focusing on efficient production, environmental stewardship, and social responsibility [3].
Largo Reports Q4 and Full Year 2025 Operational and Sales Results; Provides 2026 Outlook and Vanadium Guidance; Reports Positive Precious Metals Results on Recent Copper Flotation Tests.
TMX Newsfile· 2026-02-05 23:22
Core Insights - Largo Inc. reported annual production of 9,150 tonnes (20.17 million lbs) of vanadium pentoxide equivalent from its Maracás Menchen Mine in 2025, with sales of 8,686 tonnes, achieving production guidance despite challenges from lower ore grades and new US tariffs [4][5][7] Production and Sales Performance - Q4 2025 V2O5 equivalent production was 2,961 tonnes, a 66.8% increase from Q4 2024, while annual production was slightly lower than 2024's 9,264 tonnes [7][20] - Total ore mined in Q4 2025 was 665,953 tonnes, with an effective ore grade of 0.53% V2O5, higher than the previous year [6][20] - Global recovery rates improved to 80.1% in 2025 from 76.4% in 2024, maintaining 77.9% in Q4 2025 [7][20] Market and Pricing Trends - The average benchmark price per lb of V2O5 in Europe rose to $5.85 in Q4 2025, a 9.55% increase from Q4 2024, while ferrovanadium prices in the US and Europe saw declines of 8.54% and 8.62% respectively [7][20] - Vanadium spot demand remained soft in Q4 2025, primarily due to weaker demand in the Chinese and European steel industries, although the US steel market remained stable [7][20] Future Guidance and Strategic Initiatives - The company expects higher V2O5-equivalent production in Q1 2026 compared to Q1 2025, driven by increased ore availability [9][10] - Largo is focusing on productivity improvements, including mining efficiency and operational enhancements, to stabilize and enhance throughput in 2026 and beyond [10][20] - The company has suspended ilmenite production guidance for 2026 to evaluate the potential for copper and PGM production using existing infrastructure [5][7]
Magna Mining Announces 2026 Guidance
Globenewswire· 2026-02-05 11:45
Core Viewpoint - Magna Mining Inc. has provided its 2026 guidance for the McCreedy West Mine, highlighting production and cost estimates while also discussing ongoing projects and potential opportunities for increased production and profitability [1][3]. Production and Cost Guidance - The operational guidance for the McCreedy West Mine includes ore sales of 355,000 to 375,000 short tons from the 700 Copper Zone, with a copper equivalent grade of 3.2% to 3.5% [4]. - Payable copper equivalent production is estimated to be between 16.0 million and 18.0 million pounds [4]. - Cash costs, excluding stream payments, are projected at $3.40 to $3.80 per pound of copper equivalent, while all-in sustaining costs (AISC) are expected to be between $4.20 and $4.70 per pound [4]. Mining Projects Updates - The company is advancing the Levack and Crean Hill projects towards restart decisions, with a Preliminary Economic Assessment (PEA) for Levack expected to be completed in Q3 2026 [6][8]. - A ramp is being developed at Levack to enhance access and support production, with hoisting capabilities anticipated to be re-established in the second half of 2026 [7]. - The PFS for Crean Hill is also underway, with dewatering expected to commence in Q2 2026 [8]. Mineral Reserves and Optimization - The inaugural Mineral Reserves report for McCreedy West is nearing completion, with ongoing mine plan optimization and stope sequencing [3]. - The potential to restart mining in the Intermain Nickel Zone is being evaluated, with nickel ore shipping possible within months of a restart decision [3].