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ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Unlocking Hidden Wealth, Turning Environmental Liabilities into Sustainable Growth
Globenewswire· 2025-08-26 12:30
NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- via InvestorWire — ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 70+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. To view the full publication, “Colombia’s Hidden Gold: How Modern Tech Can Unlock Milli ...
Callinex to Change Name to Visionary Copper and Gold Mines Inc.
Globenewswire· 2025-08-11 12:30
Company Overview - Callinex Mines Inc. plans to change its name to "Visionary Copper and Gold Mines Inc." to better reflect its commitment to sustainable mining and value creation through the discovery and development of copper and gold mines in Canada [1][2] - The new stock symbol is anticipated to be "VCG," with the name change expected to occur in early September 2025 [3] Shareholder Information - Existing shareholders will not need to exchange their share certificates, and the name change will not affect the company's share structure or shareholder rights [4] Mineral Resource Highlights - The company has a portfolio that includes the Point Leamington Deposit, which has an Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, totaling 402,000 ounces AuEq [5] - The Inferred Mineral Resource at Point Leamington is 13.7 million tonnes grading 2.24 g/t AuEq, totaling 986,500 ounces AuEq [5] - The Rainbow deposit at the Pine Bay Project has an Indicated Mineral Resource of 3.44 million tonnes grading 3.59% CuEq, totaling 272.4 million pounds CuEq [5] - The Nash Creek Project has a pre-tax IRR of 34.1% and an NPV8% of $230 million at a zinc price of $1.25 [5]
K+S (KPLU.F) Earnings Call Presentation
2025-08-11 05:00
Financial Performance (H1/2025) - Revenues reached €1,835.9 million[11] - EBITDA amounted to €310.3 million, with an EBITDA margin of 16.9%[11] - Adjusted free cash flow was €24.3 million[11] Potash Market and Production - K+S expects potash demand to grow at a compound annual growth rate of 2-3%[14] - The company aims to increase potash production by >100,000 tonnes per year at the Bethune plant in Canada[14] - K+S Germany potash production capacity is approximately 5.5 million tonnes eff[194] Salt Market and Production - K+S has a 20% market share in the European salt market[65, 66] - K+S Germany salt production capacity is approximately 5 million tonnes eff[196] Sustainability and Environmental Goals - K+S has reduced CO2 emissions by around 80% since 1990[17] - The company aims for greenhouse gas neutrality at its production sites by 2045, with a 25% CO2 emissions reduction by 2030 compared to 2020[17, 101] - K+S is targeting a 25% reduction in absolute CO2 emissions by 2030, with a 4.4% reduction achieved by 2024 (base year 2020)[106, 145] Agriculture Segment (H1/2025) - Agriculture segment revenues were €1,282.3 million[20] - Sales volumes for the agriculture segment reached 3.84 million tonnes[20] Industry+ Segment (H1/2025) - Industry+ segment revenues were €553.6 million[22] - Sales volumes for the Industry+ segment reached 3.12 million tonnes, including 0.88 million tonnes of de-icing salt[22, 166]
Denison Receives Provincial Environmental Assessment Approval for the Wheeler River Project
Prnewswire· 2025-08-05 10:30
Core Viewpoint - Denison Mines Corp. has received Ministerial approval for the development of the In-Situ Recovery uranium mine at the Wheeler River Project, marking a significant milestone in the regulatory process for the project [1][2][3]. Company Summary - Denison Mines Corp. is focused on uranium mining, exploration, and development, particularly in the Athabasca Basin region of northern Saskatchewan, Canada [6][7]. - The company holds a 90% interest in the Wheeler River Project, which includes high-grade uranium deposits, and has been actively involved in the environmental assessment process since 2019 [4][5]. - Denison's other interests in Saskatchewan include a 22.5% stake in the McClean Lake Joint Venture and a 25.17% interest in the Midwest Joint Venture [6][7]. Industry Summary - Saskatchewan is recognized as the world's second-largest uranium producer and is seen as a favorable destination for mining investment due to its natural resources and regulatory environment [2]. - The province aims to enhance its energy sector and create job opportunities through sustainable mining practices, positioning Canada as an emerging energy superpower [2].
Ivanhoe Mines Issues 2025 Second Quarter Financial Results, Overview of Construction and Exploration Activities
Newsfile· 2025-07-30 20:43
Core Insights - Ivanhoe Mines reported a Q2 2025 profit of $35 million and adjusted EBITDA of $123 million, with Kamoa-Kakula contributing $128 million to EBITDA [1][9] - Kamoa-Kakula produced 112,009 tonnes of copper in Q2 2025, operating at 85% design capacity for Phases 1 and 2, and 30% above design capacity for Phase 3 [1][37] - The company is advancing its dewatering efforts at Kakula Mine, with Stage One completed and Stage Two set to commence imminently [1][49] - The startup of Africa's largest and greenest copper smelter is on schedule for September 2025 [1][68] - Recent increases in platinum and palladium prices have improved the net present value of the Platreef project by over 20% to approximately $3.8 billion [1][9] Financial Performance - Q2 2025 adjusted EBITDA was $123 million, down from $226 million in Q1 2025; profit after tax was $35 million compared to $67 million in Q2 2024 [9][1] - Kamoa-Kakula sold 101,714 tonnes of copper at an average realized price of $4.34/lb, with revenue of $875 million for the quarter [9][1] - The cost of sales per pound of payable copper sold increased to $2.85/lb in Q2 2025 from $1.87/lb in Q1 2025 [11][9] - Kamoa-Kakula's cash cost (C1) per pound of payable copper produced averaged $1.89/lb, up from $1.69/lb in Q1 2025 [11][9] Operational Highlights - Kamoa-Kakula's concentrators milled 3.62 million tonnes of ore in Q2 2025, producing 112,009 tonnes of copper, an 11% increase compared to Q2 2024 [37][9] - The Phase 3 concentrator achieved a record production of 40,608 tonnes of copper, operating at an annualized rate of 6.5 million tonnes, 30% above design capacity [46][12] - Kipushi operations sold 43,348 tonnes of zinc, up nearly 45% from Q1 2025, with a revenue of $97 million [11][9] - Platreef's Phase 1 project is nearing completion, with first ore feed expected in Q4 2025 [12][8] Project Development - The Kamoa-Kakula copper smelter is expected to start operations in September 2025, processing concentrates from all phases of the mine [68][1] - The company is targeting to provide an update on Kamoa-Kakula's recovery plan and ramp-up to steady-state operations by September 2025 [12][1] - The Platreef project is projected to be the lowest-cost primary platinum-group-metals producer globally, with a Phase 2 expansion expected to produce over 460,000 ounces of platinum, palladium, rhodium, and gold annually [12][8] Exploration Activities - Ivanhoe Mines is expanding the Makoko District copper discovery and exploring for new sedimentary-hosted copper discoveries across its extensive license areas in DRC, Angola, Zambia, and Kazakhstan [3][2] - The company has completed 86,000 meters of diamond drilling in the Makoko District, doubling the total copper contained in the area [16][3] - Drilling activities in Kazakhstan commenced in July 2025, with two rigs deployed for a 17,500-meter maiden diamond drilling program [16][3]
VanadiumCorp Announces Board Changes to Support Strategic Growth and Welcomes Dr. James Tansey to the Board of Directors
Thenewswire· 2025-07-23 00:55
Core Viewpoint - VanadiumCorp Resource Inc. has appointed Dr. James Tansey to its Board of Directors, enhancing its focus on critical metals, sustainable mining, and renewable energy [1][5]. Group 1: Appointment of Dr. James Tansey - Dr. Tansey brings extensive experience in impact investing and has previously led significant carbon credit initiatives, aligning with VanadiumCorp's commitment to low-carbon operations [2][4]. - His role as a founding advisor to Syniad Innovations highlights his involvement in advancing critical mineral technologies essential for clean energy transition [3]. - Dr. Tansey's background in ESG governance and policy will strengthen the company's board oversight, particularly in areas like Indigenous partnerships and sustainable finance [4]. Group 2: Company Overview - VanadiumCorp is a Canadian critical metals exploration company with full ownership of two strategic properties in Quebec: Iron T and Lac Doré [8]. - The company is focused on innovative technologies for extracting vanadium-titanium and high-grade iron from its projects, aiming for a stable long-term supply of critical metal deposits [8]. - An initial electrolyte facility in Val-des-Sources, Quebec, will evaluate output quality and facilitate the production of electrolytes for Vanadium Flow Batteries [8]. Group 3: Board Changes - The company announced the resignation of Mr. Brian Gusko from the Board of Directors, effective July 16, 2025, and expressed gratitude for his contributions [6].
Hudbay to Host Conference Call for Second Quarter 2025 Results
Globenewswire· 2025-07-18 18:00
Group 1 - Hudbay Minerals Inc. will host a conference call on August 13, 2025, at 11:00 a.m. ET to discuss its second quarter 2025 results [1][2] - A news release with the second quarter results will be issued before the market opens on the same day and will be available on the company's website [2] - An archived audio webcast of the conference call will be accessible on Hudbay's website after the call [2] Group 2 - Hudbay is a copper-focused critical minerals mining company with operations in Canada, Peru, and the United States [3][4] - The company's operating portfolio includes the Constancia mine in Peru, Snow Lake operations in Manitoba, and Copper Mountain mine in British Columbia [4] - Hudbay's growth pipeline features projects such as Copper World in Arizona, Mason in Nevada, and Llaguen in Peru, along with various expansion and exploration opportunities [4] Group 3 - Hudbay's purpose statement emphasizes its commitment to people, communities, and the planet, aiming to provide essential metals sustainably [5] - The company's mission focuses on creating sustainable value and strong returns through community relations, exploration, mine development, and efficient operations [5]
ARIS MINING, COLOMBIA'S MINISTRY OF ENERGY AND MINES, AND COMMUNITY PARTNERS LAUNCH FORMALIZATION STRATEGY FOR ACTIVE ASM AREAS NEAR MARMATO
Prnewswire· 2025-07-16 22:30
Core Viewpoint - Aris Mining Corporation has signed a Memorandum of Understanding (MOU) with Colombia's Ministry of Mines and Energy to formalize artisanal and small-scale mining (ASM) operations in Marmato, indicating a collaborative approach to enhance the mining sector's sustainability and inclusivity [1][3][6]. Group 1: MOU Details - The MOU aims to accelerate the formalization of ASM miners in Marmato, where Aris Mining is expanding its operations [1][5]. - The agreement establishes a framework for transitioning ASM groups into the formal economy, including regulatory support and technical training [6][7]. - Aris Mining will provide technical, operational, and environmental expertise to support ASM units and has offered milling capacity from its existing operations [5][6]. Group 2: Strategic Importance - The Cerro El Burro area, part of the Marmato Complex, presents significant growth opportunities for gold production, enhancing safety and environmental outcomes for all stakeholders [4][6]. - The MOU is part of the broader "Special Mining District for Peace and Life" initiative, which prioritizes sustainable mining practices in Marmato [6][7]. Group 3: Company Overview - Aris Mining, established in September 2022, focuses on becoming a leading gold mining company in Latin America, blending current production with growth through asset expansion and exploration [8][10]. - The company operates two underground gold mines in Colombia, targeting an annual production rate exceeding 500,000 ounces of gold by ramping up operations in the Marmato Complex and Segovia [9][10].
Barrick Mining's $2 Billion Lumwana Super Pit Expansion on Track
ZACKS· 2025-07-11 13:06
Core Insights - Barrick Mining Corporation is advancing its $2 billion Super Pit Expansion Project at the Lumwana mine, aiming to transform it into a Tier One copper mine [1][2] - The expansion will double Lumwana's copper output to 240,000 tons annually, supported by a new processing plant with a capacity of 50 million tons per year [2][6] - Lumwana has significantly contributed to Zambia's economy, with over $4 billion generated since 2019, primarily through local procurement [3][6] - The mine is leading an environmental initiative through a REDD+ forest conservation program, covering 300,000 hectares, aimed at generating carbon credits and promoting sustainable practices [4][6] - Barrick's shares have increased by 13.7% over the past year, compared to a 33.7% rise in the industry [5] Economic Impact - Lumwana has contributed more than $4 billion to Zambia's economy through taxes, royalties, wages, and local procurement since 2019 [3] - 79% of total procurement, amounting to over $3.4 billion, has been spent with Zambian suppliers [3] - In Q1 of this year, $177 million, or 81% of procurement, was allocated to local contractors [3] Environmental Initiatives - The REDD+ program aims to conserve 300,000 hectares and generate future carbon credits while promoting sustainable livelihoods and biodiversity [4][6] - The initiative is developed in partnership with local chiefdoms and the Forestry Department [4] Industry Performance - Barrick Mining's shares have gained 13.7% over the past year, while the industry has seen a 33.7% increase [5]
Wheaton Precious Metals Announces Return of $1 Million Future of Mining Challenge to Foster Innovation in the Mining Industry
Prnewswire· 2025-07-02 21:38
Core Viewpoint - Wheaton Precious Metals Corp. is launching its Future of Mining Challenge for 2025/26, inviting global ventures to propose solutions that enhance operational efficiencies and reduce environmental impacts in the mining industry [1][2]. Group 1: Challenge Overview - The Future of Mining Challenge aims to foster innovation in the mining sector, focusing on sustainable practices to meet the increasing global demand for minerals and metals [2][3]. - A total of US$1 million will be awarded to a cleantech venture that presents innovative technology for sustainable water management in mining [2]. Group 2: Participation and Timeline - Wheaton is accepting expressions of interest from cleantech innovators until August 29, 2025, after which selected ventures will be invited to submit full applications in September 2025 [3]. - The winner of the challenge will be announced in March 2026 during the PDAC Convention in Toronto, which is recognized as the largest mining conference globally [4]. Group 3: Collaboration and Support - This year, Wheaton is collaborating with the University of British Columbia's Sauder School of Business to leverage expertise in venture building and early-stage innovation support [4]. Group 4: Company Background - Wheaton Precious Metals is a leading precious metals streaming company, providing shareholders access to a portfolio of low-cost, long-life mines globally [6]. - The company is committed to responsible mining practices and employs rigorous due diligence to unlock long-term value for shareholders while supporting the mining industry [6].