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Vanguard Mining Identifies Two New Gold-Copper Soil Anomalies at Brussels Creek as Gold Trades Higher and Copper Fundamentals Strengthen
Thenewswire· 2026-02-28 03:40
Core Insights - Vanguard Mining Corp. has identified two new anomalous zones from a 127-sample soil geochemical survey at its Brussels Creek Gold-Copper-Palladium Project in British Columbia, indicating potential for expanded mineralization [1][4][5] Survey Results - The soil survey revealed gold values ranging from 1 to 88 parts per billion (ppb) and copper values from 28 to 221 parts per million (ppm) [4] - Multiple gold and copper anomalous trends were identified, with significant samples in the 15-30 ppb Au range and notable samples exceeding 75 ppb Au [4] - Two prominent anomalous zones were defined: a western anomaly with elevated gold-in-soil samples and an eastern anomaly with a peak of 76 ppb Au [4] Strategic Context - The results are particularly timely as gold prices are near record highs, driven by central bank accumulation and geopolitical instability, enhancing the strategic value of advancing high-quality gold targets [5] - The project is located adjacent to the New Afton Mine, positioning Vanguard within a proven copper-gold belt, which is significant given the tightening global copper inventories and increasing demand from sectors like electric vehicles and AI infrastructure [5][17] Next Steps - Following the soil survey, Vanguard plans to conduct detailed geological mapping, geophysical surveys, and integrate soil geochemistry with historical data to refine drill-ready targets for 2026 [11] - A follow-up drill program is also planned to further explore the identified anomalies [11] Collaboration and Community Engagement - Vanguard is committed to collaborating with the Secwépemc Nation, focusing on local employment, environmental stewardship, and transparent engagement throughout exploration activities [18][20]
Giant Mining Corp. Engages Big Sky Exploration for Up to 10,000 Feet of Multi-Phase 2026 Drilling at Majuba Hill, Nevada
Thenewswire· 2026-02-27 23:55
Core Viewpoint - Giant Mining Corp. has engaged Big Sky Exploration for its 2026 Maiden Core diamond drilling program at the Majuba Hill Copper Deposit in Nevada, aiming to advance systematic exploration of the project [1][3]. Company Overview - Giant Mining Corp. focuses on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals driven by initiatives like the Green New Deal [14][15]. - The flagship asset, Majuba Hill, is located 156 miles (251 km) from Reno, Nevada, and benefits from a mining-friendly regulatory environment and strong local infrastructure [15][16]. Drilling Program Details - The 2026 drilling program is planned to include up to 10,000 feet (3,048 meters) of drilling, divided into two phases [3][10]. - Phase 1 consists of up to 5,000 feet (1,524 meters) of core drilling, along with underground mapping and sampling [5][10]. - The program will be guided by over 100 previous drill holes totaling more than 89,000 feet of drilling, which have identified numerous mineralized breccia bodies [6][10]. Geological and Mineralization Insights - Historical drilling results indicate elevated copper and silver values, with intervals of anomalous gold, associated with hydrothermal-magmatic tourmaline matrix breccias [6][13]. - The project shows indications of a potentially large Cu – Ag +/- Au mineralized body, but further drilling is required to determine the extent and grade of mineralization [13][15]. Strategic Alignment - Majuba Hill is aligned with U.S. critical-mineral priorities, supporting domestic supply chain initiatives [7][14]. - The project is positioned to benefit from existing infrastructure, which provides significant cost savings compared to more remote projects [13]. Funding and Execution - The company has secured funding for the next phase of drilling at Majuba Hill, indicating a commitment to advancing the project through systematic drilling and technical evaluation [13][16].
Nexa Resources S.A.(NEXA) - 2025 Q4 - Earnings Call Transcript
2026-02-27 16:02
Financial Data and Key Metrics Changes - In Q4 2025, the company reported net revenues of $903 million, an 18% increase sequentially and a 22% increase year-over-year [16] - Adjusted EBITDA for Q4 was $300 million, reflecting a 33% EBITDA margin, with a full-year adjusted EBITDA of $772 million, an 8% increase compared to 2024 [16][17] - The company recorded a net income of $81 million or $0.38 per share for Q4, and a full-year net income of $223 million or $1 per share [5][7] - Free cash flow for the full year was negative $105 million, impacted by debt reductions and dividends [20] Business Line Data and Key Metrics Changes - Zinc production in Q4 reached 91,000 tons, a 9% increase from Q3, with full-year production totaling 316,000 tons, meeting guidance [4][6][8] - The mining segment generated net revenues of $532 million and adjusted EBITDA of $266 million in Q4, resulting in a 50% EBITDA margin [9] - In the smelting segment, total metal sales were 142,000 tons for Q4 and 567,000 tons for the full year, with net revenues of $573 million and adjusted EBITDA of $34 million in Q4 [13][14] Market Data and Key Metrics Changes - Zinc prices remained well-supported throughout 2025 due to persistent concentrate tightness and low LME inventories [23] - Treatment charges in China averaged negative levels during the year, reflecting raw material scarcity [23] - Copper prices appreciated in 2025 driven by supply discipline and sustained demand, particularly from electrification [24] Company Strategy and Development Direction - The company is focused on operational stability and disciplined capital allocation, with key projects like Aripuanã and Cerro Pasco Integration Project being central to long-term value creation [29] - The company aims to generate sustainable cash flow to strengthen its balance sheet and support a balanced capital allocation approach, including deleveraging and shareholder returns [30] - The company is actively looking for opportunities in the copper market, with a focus on maintaining a solid financial position [62] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the operational stability and cash generation potential of Aripuanã, especially with the upcoming commissioning of the fourth filter [10][29] - The company remains committed to reducing gross debt and enhancing financial flexibility, with a target of lowering interest expenses over time [22] - Management acknowledged the political environment in Peru but emphasized the strong economic context and good relationships with local communities [56][58] Other Important Information - The company maintained a robust liquidity position with total liquidity of $842 million, including an undrawn $320 million revolving credit facility [22] - The average debt maturity increased to 7.6 years, reflecting proactive liability management [22] - The company is advancing its ESG strategy, focusing on climate action, community engagement, and governance improvements [27] Q&A Session Summary Question: Impact of seasonal rains on Aripuanã production - Management confirmed that the rainy season has not significantly impacted production, with expectations to reach full capacity in the second half of the year [34][35] Question: Consideration of additional silver streaming - Management stated that while they are aware of the interest in silver, they are not currently considering additional silver streaming as a priority [41][43] Question: Cash flow impact of Cerro Lindo silver stream - Management explained that the silver streaming agreement will step down from 65% to 25%, which will positively impact cash flow [46] Question: Update on Ayawilca project and Tinka Resources investment - Management indicated that they are assessing the Ayawilca project following the disapproval of the environmental impact study and have decided not to pursue further investment in Tinka Resources [54] Question: Debt repayment plans for 2026 and 2027 - Management confirmed that debt repayment remains a priority, with plans to use excess cash for debt reduction [59] Question: Details on hedging program for silver and gold - Management provided details on the hedging program, with a floor around $52 and a cap around $84 for silver [60] Question: CapEx for Cerro Pasco integration project - Management confirmed that CapEx for the Cerro Pasco project is on track, with expectations to spend around $42 million this year [68]
Buenaventura(BVN) - 2025 Q4 - Earnings Call Presentation
2026-02-27 15:00
4Q25 Earnings Results Conference Call Cautionary Statement Net Income (US$ M)(3) 30 406 416 830 4Q24 4Q25 FY24 FY25 +99% Cash Position: US$ 530 M Debt: US$ 710 M Leverage Ratio 6.14x 3.58x 2.80x 2.44x 0.34x 0.22x FY20 FY21 FY22 FY23 FY24 FY25 San Gabriel has reached 99% total progress. Construction is 98% complete. 4Q25 CAPEX related to San Gabriel was US$ 153 M On 29-Jan, BVN received US$ 98 M in dividends from Cerro Verde Buenaventura's Board of Directors has approved a dividend payment of US$ 0.9904 per ...
Element 29 Receives DIA Environmental Certification Advancing Drilling Permit Application at Paka Porphyry-Skarn Cu-Zn-(Au-Ag) Project, Perú
TMX Newsfile· 2026-02-27 13:00
Elida Drilling UpdateMeet Element 29 Resources (Booth #2739) at PDAC 2026Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU) ("Element 29" or the "Company") is pleased to announce that it has received environmental certification under a Declaración de Impacto Ambiental ("DIA") from the Perúvian Ministerio de Energía y Minas ("MINEM"), marking a significant milestone in the Company's application for a new Programa de Inicio de A ...
Barrick’s 2025 Annual Information Form and Other Documents Now Available
Globenewswire· 2026-02-27 12:22
Core Viewpoint - Barrick Mining Corporation has released its 2025 Annual Report, Annual Information Form, and Form 40-F, which are now accessible on SEDAR+, EDGAR, and Barrick's website [1]. Group 1: Financial Reports - The 2025 Annual Report and related documents are available for shareholders and the public [1]. - Technical reports for the Pueblo Viejo Mine and Kibali Gold Mine have been filed in compliance with National Instrument 43-101 [2]. Group 2: Company Overview - Barrick is a leading global mining, exploration, and development company with a significant portfolio of gold and copper assets across 17 countries and five continents [4]. - The company is recognized as the largest gold producer in the United States and aims to create long-term value through responsible mining and strong partnerships [4].
Marimaca Copper Announces Closing of Australian Offering to Complete Global Offering of C$409 Million (~A$423 Million)
Accessnewswire· 2026-02-27 02:00
Core Viewpoint - Marimaca Copper Corp. has successfully closed an Australian secondary offering, raising significant capital through the sale of existing CHESS Depositary Interests [1] Group 1: Offering Details - The company closed the offering of 15,200,913 existing CHESS Depositary Interests (CDIs) [1] - The price per CDI was set at A$10.35, leading to aggregate gross proceeds of A$157 million from the offering [1] Group 2: Shareholders Involved - The offering involved shares owned and controlled by Greenstone Resources II L.P. and other shareholders, referred to as the Selling Shareholders [1]
Kutcho Copper Announces Closing of $3,000,000 Flow-Through Financing
TMX Newsfile· 2026-02-26 18:30
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Kutcho Copper Corp. (TSXV: KC) (OTCQX: KCCFF) ("Kutcho Copper" or the "Company") announces that it has closed its non-brokered flow-through private placement (the "Private Placement") to raise total proceeds of $3,000,000. The Company issued 6,976,744 units consisting of flow-through units ("FT Units") at a price of $0.43 per FT Unit of the Company for gross FT Unit proceeds of $2,999,999.92. Each FT Unit will consist of one flow-through s ...
Lion Copper and Gold progressing copper project in Nevada to realize production by 2029
Proactiveinvestors NA· 2026-02-26 18:13
Lion Copper and Gold Corp (TSX-V:LEO, OTCQB:LCGMF, FRA:QR20) is right where a junior mining company wants to be in the metals market of early 2026, with its brownfield Yerington Copper Project, situated in the famously mining-friendly jurisdiction of Nevada, set for both further exploration and a push for production before the decade is out.  Adding to the company’s strengths is that Yerington aligns well with the growing U.S. demand for domestically supplied critical minerals.  While all of this held true ...
Riverside Resources Expands Porphyry Copper Targets at Ariel Project, Sonora, Mexico
TMX Newsfile· 2026-02-26 15:45
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY0) ("Riverside" or the "Company"), is pleased to announce early 2026 assay and porphyry Cu exploration results at the 100%-owned Ariel Copper Project (the "Ariel Project" or "Ariel") in Sonora, Mexico. Ariel is a drill-permitted, district-scale porphyry copper-gold set of targets located approximately 18 km east-southeast of the La Caridad copper mining complex in the highly prod ...