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Sky Gold Announces Private Placement in Preparation for Drilling on the Tower Gold and High Life Copper Porphyry Targets, Evening Star Property, Mineral County, Nevada
Accessnewswire· 2025-10-08 22:05
VANCOUVER, BC / ACCESS Newswire / October 8, 2025 / SKY GOLD CORP. ("Sky" or the "Company") (TSXV:SKYG)(OTC PINK:SRKZF) announces a non-brokered private placement of up to 20 million units ("Units") at a price of $0.05 per Unit for aggregate gross proceeds of up to one million dollars (the "Offering"). ...
Troilus Shortlisted for QMEA “Excellence in Sustainable Development” Recognition Award
Globenewswire· 2025-10-08 11:00
MONTREAL, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5R)  is honoured to announce it has been named a finalist for the “Excellence in Sustainable Development” award as part of the Québec Mineral Exploration Association’s (“QMEA”) annual Recognition Awards. These awards celebrate companies whose dynamism and leadership contribute to the advancement of Québec’s mineral exploration industry. The “Excellence in Sustainable Development” disti ...
OceanaGold Provides Notice of Third Quarter 2025 Results and Conference Call
Prnewswire· 2025-10-07 21:00
, /PRNewswire/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") will release its operational and financial results for the third quarter of 2025 after market close on Wednesday, November 5, 2025. The results will be made available on the Company's website at www.oceanagold.com. 9k+ Digital Media Outlets Third Quarter 2025 Results Conference Call Details: Senior management will host a conference call and webcast to discuss the quarterly results on Thursday, November 6, 202 ...
NEW GOLD PROVIDES NOTICE OF RELEASE OF THIRD QUARTER 2025 RESULTS AND CONFERENCE CALL
Prnewswire· 2025-10-07 10:30
, /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American:Â NGD) is providing notice that it will release its third quarter 2025 operational and financial results after market close on Tuesday, October 28, 2025. The Company will host its third quarter 2025 earnings conference call and webcast on Wednesday, October 29, 2025 at 8:30 am Eastern Time. Third Quarter 2025 Conference Call and Webcast About New Gold New Gold is a Canadian-focused intermediate mining Company with a portf ...
Meridian Completes Cabaçal DFS Drill Program with Strong Results and Advances Regional Exploration
Newsfile· 2025-10-07 10:30
Core Insights - Meridian Mining UK has successfully completed the final phase of the Cabaçal Definitive Feasibility Study (DFS) drill program, yielding strong results in gold, copper, and silver mineralization [2][4][5] - The company is also reporting promising initial exploration results from the Cigarra project, indicating potential for further discoveries in precious and base metals [3][6] Cabaçal DFS Drill Program - The DFS drill program at Cabaçal has revealed multiple stacked layers of Au-Cu-Ag ore, with notable intersections such as 0.9m at 35.8g/t Au [2][4] - Significant assay results include: - CD-760: 27.5m at 1.9g/t AuEq (1.4% CuEq) and 12.8m at 4.9g/t AuEq (3.6% CuEq) [4][10] - CD-752: 17.6m at 1.8g/t AuEq (1.3% CuEq) [4][10] - CD-743: 24.5m at 1.9g/t AuEq (1.4% CuEq) [4][10] - The results are expected to contribute significantly to resource and reserve upgrades in 2026 [2][5] Cigarra Exploration - Initial drilling at Cigarra has intercepted mineralization similar to that found at Cabaçal, with a focus on a 2.0km VMS prospect [3][6] - The first drill hole at Cigarra returned 3.1m at 0.5g/t Au and 6.2g/t Ag, indicating a fertile area for VMS-type base and precious metals [14][15] - The exploration program aims to establish vectors to hydrothermal centers, with further assays pending [18][19] Financial Position - Meridian Mining is well-funded with over CAD 60 million in the bank, positioning the company favorably to capitalize on strengthening commodity prices [5][7] - The Cabaçal project has a projected after-tax NPV5 of USD 984 million and an IRR of 61.2%, with a low all-in-sustaining cost of USD 742 per ounce of gold equivalent [23][24] Future Outlook - The completion of the DFS drill program is a major milestone ahead of the Final Investment Decision (FID) expected in 2026 [5][6] - The company is advancing its exploration strategy across the Cabaçal VMS belt and other regional projects, aiming to expand its resource base [28]
RBC Capital Raises Barrick Mining (B) Price Target After Nevada Gold Mines Tour
Yahoo Finance· 2025-10-02 05:53
Barrick Mining Corporation (NYSE:B) ranks among the stocks with low beta that can beat market volatility. RBC Capital maintained its Outperform rating on Barrick Mining Corporation (NYSE:B) on September 22 and boosted its price target from $34 to $38. The rise comes after RBC’s September 18 tour of the Nevada Gold Mines complex, a joint venture between Newmont and Barrick Mining. Copyright: tomas1111 / 123RF Stock Photo In addition to outlining expected operational enhancements, Barrick Mining Corporati ...
Where Is Barrick Mining Stock Headed?
Forbes· 2025-09-25 09:20
Core Insights - Barrick Mining Corporation has seen a significant stock price increase of 121% year-to-date, reaching approximately $35, driven by high gold prices and strong earnings growth [2] - The company produced revenues of about $10.8 billion in 2024, with gold prices averaging $2,250 per ounce, and continued strong performance into 2025 with Q2 results showing average realized prices of $3,320 per ounce [3] - Barrick's current valuation multiples are approximately 12–13x forward earnings and 7–8x EV/EBITDA, indicating a fair market valuation relative to peers [4] Revenue & Earnings Power - In 2024, Barrick's EBITDA was roughly $5.2 billion, with net earnings of $3.1 billion and free cash flow more than doubling from the previous year [3] - For Q2 2025, Barrick reported a quarterly net income of $1.1 billion, with first-half operating cash flow reaching $2.5 billion and free cash flow doubling to $770 million [3] - Spot gold prices are stabilizing around $3,700 per ounce, enhancing Barrick's earning potential [3] Valuation Multiples - Barrick's share price of $35 translates to valuation multiples of approximately 12–13x forward earnings and 7–8x EV/EBITDA, which are higher than earlier in the year but still align with industry peers [4] - The company's dividend yield has contracted to around 1.5% due to stock appreciation, with over $750 million allocated to buybacks in the first half of 2025 [4] Balance Sheet Strength - Barrick maintains a strong balance sheet with net debt close to zero relative to annual EBITDA, allowing for capital returns and investment in growth projects [5] - Key growth initiatives include the Pueblo Viejo expansion, Lumwana copper project, and Reko Diq development in Pakistan, enhancing both gold production and copper exposure [5] Market Sentiment - The rise to $35 per share reflects market confidence in Barrick's profit potential and commodity leverage, with expectations of continued high gold prices and increased copper volumes [6] - Despite the rapid stock price increase, there may be potential for an additional 10–15% re-rating if market conditions remain favorable [6]
Aura Minerals Jumps 13 Places in Top 100 Stocks to Buy. Should Investors Bite?
Yahoo Finance· 2025-09-23 15:12
Company Overview - Aura Minerals is a gold and copper mining company based in Tortola, British Virgin Islands, with operations in Mexico, Honduras, and Brazil [3] - The company went public in November 2006 on the Toronto Stock Exchange and completed its U.S. IPO on July 17, 2025, selling 8.1 million shares at $24.25 [2] Financial Performance - Aura is on track to set records for both revenue and operating profits in its 2025 fiscal year [5] - Revenue has increased from $165.8 million in 2015 to $679.9 million in the trailing 12 months ended June 30, representing a compound annual growth rate of 15.2% [5] - Operating income improved from a loss of $1.4 million in 2015 to a profit of $278.1 million at the end of June [5] Market Conditions - The growth in revenue and profits has been partly driven by higher gold and copper prices, with gold increasing from approximately $1,200 per ounce in 2015 to about $3,785 today, and copper from around $2.33 per pound to $4.58 per pound [6] Growth Strategy - Aura is in a growth phase, planning to acquire the Mineração Serra Grande Gold Mine in Brazil for an upfront cash payment of $76 million, along with deferred payments based on net smelter returns [7] - The company has moved up 13 spots in Barchart's Top 100 Stocks to Buy, currently sitting at the 53rd position, indicating strong market interest [1][3]
Newmont (NEM) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-09-22 17:01
Core Viewpoint - Newmont Corporation (NEM) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years [1][2]. - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to calculate the fair value of a company's shares, leading to significant stock price movements when they buy or sell large amounts of shares [4][5]. Newmont's Earnings Outlook - Newmont is expected to earn $5.44 per share for the fiscal year ending December 2025, with no year-over-year change [8]. - Over the past three months, the Zacks Consensus Estimate for Newmont has increased by 25.9%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revision features [9][10].
King Copper Discovery Corp. Appoints Justin Blanchet to Board of Directors
Globenewswire· 2025-09-19 12:00
Core Insights - King Copper Discovery Corp has appointed Mr. Justin Blanchet to its Board of Directors, bringing over 20 years of experience in finance, capital markets, M&A, governance, and regulatory compliance [1][2] - Mr. Blanchet is currently the Chief Financial Officer of K92 Mining Inc., which operates the Kainantu Gold Mine in Papua New Guinea [2] - The company has granted stock options for 4,050,000 common shares at an exercise price of $0.50 per share, valid for five years [3] - Additionally, 6,990,000 restricted stock units (RSUs) have been granted with a two-year vesting period [4] Company Overview - King Copper is a TSXV-listed exploration company focused on the Colquemayo gold-copper project in South America [6]