TORONTO, July 08, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to announce that the federal government of Canada has approved an amendment to Schedule 2 of the Metal and Diamond Mining Effluent Regulations (“MDMER”) for the Goldboro Gold Project (“Goldboro”). This amendment lists one geographic area encompassing seven water bodies located within the footprint of the Project’s tailings management facility (TMF) to Schedule 2 of the Regulatio ...

Core Viewpoint - Dundee Precious Metals ("DPM") reported solid production results for Q2 and the first half of 2025, with gold and copper production increasing as planned, and both mines are on track to meet 2025 guidance [1][4]. Production Highlights - In Q2 2025, Chelopech processed 541.1 Kt of ore, producing 47.0 K oz. of gold and 6.4 M lbs. of copper, while Ada Tepe processed 189.9 Kt of ore, producing 14.1 K oz. of gold [2]. - Year-to-date (YTD) 2025, Chelopech produced 84.4 K oz. of gold and 12.3 M lbs. of copper, and Ada Tepe produced 26.6 K oz. of gold [2]. - Full-year guidance for 2025 includes consolidated production of 2,700 – 2,900 Kt of ore, 225 – 265 K oz. of gold, and 205 – 240 M lbs. of copper [2]. Operating Highlights - Chelopech's gold production met expectations, while copper production was slightly below plan due to lower grades; higher grades are expected later in the year [4]. - Ada Tepe's gold production is forecasted to nearly double in the second half of 2025 due to mine sequencing [5]. Return of Capital to Shareholders - In Q2 2025, DPM repurchased 2,431,548 common shares at an average price of US$13.50 per share, totaling approximately US$32.8 million; year-to-date repurchases amount to approximately US$116.1 million [6]. Dividend Announcement - DPM announced a quarterly dividend of US$0.04 per share, payable on July 15, 2025, to shareholders of record on June 30, 2025 [7]. Upcoming Financial Results - DPM plans to release its Q2 2025 operating and financial results on July 31, 2025, after market close [8].

VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQB: KNTNF) announces the retirement of Philip Samar from his role as Vice President, Government and Community Affairs. Philip will continue to support the Company as a senior advisor in a consulting capacity going forward. Mr. Samar joined K92 in January 2019 as Vice President, External and Corporate Affairs (subsequently titled Vice President, Government and Community Affairs), augmenting a ...

Equinox Gold Reports Second Quarter 2025 Gold Production of 219,122 OuncesJuly 08, 2025 6:30 AM EDT | Source: Equinox Gold Corp.Greenstone Gold Mine Expecting Stronger H2, Valentine Gold Mine on TrackCanadian Cornerstone Assets Mark Inflection in Production Scale and Future Cash FlowVancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce production results for the three months ("Q ...

Royal Gold shares sank Monday as the Denver-based company announced a pair of acquisitions totaling roughly $3.7 billion. https://t.co/a0xWHFJEbZ ...

Core Viewpoint - Montage Gold Corp. has appointed Jeremy Langford to its Board of Directors, which is expected to enhance the company's capabilities in developing its Koné project, aiming for first gold pour in Q2-2027 [1][2][3] Company Overview - Montage Gold Corp. is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Koné project located in Côte d'Ivoire [6] - The Koné project has an estimated mine life of 16 years and is projected to produce over 300,000 ounces of gold annually during the first 8 years, with production expected to start in Q2-2027 [6] Appointment of Jeremy Langford - Jeremy Langford is a highly experienced mining executive with over 20 years in the industry, known for successfully designing, building, commissioning, and operating large gold mining operations [4][5] - His previous roles include President of Artemis Gold Inc., COO of Centamin Plc, and COO & Executive Vice President of Construction and Technical Services at Endeavour Mining Corporation, where he led the development of multiple gold projects in West Africa [4][5] - Langford's expertise is expected to be instrumental in advancing the Koné project towards its production goals [2][3] Board Composition - Following Langford's appointment, Montage's Board will consist of seven members, including Ron Hochstein (Chair), Alessandro Bitelli, Anu Dhir, David Field, Richard Clark, Martino De Ciccio, and Jeremy Langford [3]

Core Viewpoint - Asante Gold Corporation has successfully closed a bought deal private placement, raising gross proceeds of C$236,785,000 through the issuance of 163,300,000 subscription receipts at a price of C$1.45 each, which will be used for development and growth expenditures at its mines and to settle obligations with Kinross Gold Corporation [1][12]. Financing Details - The offering was completed under an underwriting agreement with BMO Capital Markets as the lead underwriter, with a cash commission of 5.5% on gross proceeds, excluding certain sales [2]. - The gross proceeds, after deducting 50% of the underwriters' commission and related expenses, are held in escrow until specific conditions are met, including the satisfaction of the Escrow Release Condition [3][5]. - The company plans to secure a financing package that includes a US$150 million senior debt facility, a US$125 million subordinated debt facility, and a US$50 million gold stream financing [8]. Financing Package Composition - The financing package is expected to involve US$175 million from Appian Capital Advisory Ltd. and US$170 million from FirstRand Bank Limited, with specific allocations for each component of the financing [9]. - The company intends to issue common share purchase warrants to Appian as part of the financing arrangement, which will be exercisable at a price of C$1.67 per share [9]. Kinross Debt Settlement - Asante Gold plans to settle approximately US$53 million in deferred consideration owed to Kinross Gold Corporation through cash payments and the issuance of common shares to increase Kinross's equity ownership to 9.9% [10]. Use of Proceeds - The net proceeds from the offering and financing package will be allocated for development and growth at the Bibiani and Chirano mines, settling obligations to Kinross, and general working capital [12]. Corporate Updates - The company announced the retirement of its Chief Operating Officer, Adriano Sobreira, and the strengthening of its senior management team with new appointments in Ghana [15][16]. - The annual general and special meeting of shareholders has been rescheduled to October 2025 to accommodate holders of subscription receipts [18].

Core Viewpoint - CopAur Minerals Inc. has entered into a purchase agreement to acquire Chester Holdings Inc. and its subsidiary, which includes rights to mine and process materials from the Royal Vindicator property in Georgia, USA [1][2]. Acquisition Details - The acquisition involves a total purchase price of US$6,569,811.31, with payments structured as follows: US$700,000 in cash at closing, US$2,500,000 in cash or shares at CopAur's discretion, and US$3,369,811.31 in debt repayment over six years [2][3]. - Additional obligations include a US$1,000,000 working capital contribution for 2025, a US$250,000 reimbursement to a third party, and a US$250,000 finder's fee [3]. Financing and Conditions - The acquisition is contingent upon CopAur securing a minimum financing of US$1,850,000 by August 15, 2025 [4]. - The transaction is subject to acceptance by the TSX Venture Exchange [5]. Company Background - CopAur is focused on developing mining projects in Nevada, with its flagship project being the Kinsley Mountain Gold Project [7].

Core Viewpoint - Dakota Gold Corp. has released a robust Initial Assessment Technical Report for the Richmond Hill Oxide Heap Leach Gold Project, indicating strong economic potential and a pathway to production by 2029 [1][3][10] Economic Analysis - The M&I plan identifies 168.3 million tonnes at a grade of 0.566 grams per tonne gold, totaling 2.6 million ounces over a 17-year mine life, while the MI&I plan identifies 273.7 million tonnes at a grade of 0.530 g/t Au, totaling 3.9 million ounces over a 28-year mine life [5][10] - At a base case gold price of $2,350 per ounce, the after-tax NPV5% is $1.6 billion with an IRR of 55% for the M&I plan, and $2.1 billion with an IRR of 59% for the MI&I plan [5][6] - With recent metal prices at $3,350 per ounce, the NPV5% increases to $2.9 billion and 99% for the M&I plan, and $3.7 billion and 107% for the MI&I plan [5][7] Cost Structure - Initial capital costs are estimated at $384 million, including a $53 million contingency, with life of mine All-in Sustaining Costs averaging $1,047 for the M&I plan and $1,050 for the MI&I plan [5][6] - The project is expected to generate $400 million in state severance taxes over its life and create hundreds of high-paying jobs [3][5] Development Timeline - A Feasibility Study is underway, expected to be completed by early 2027, with construction planned for 2028 and production targeted for 2029 [5][6] - A drill campaign of 24,384 meters is currently in progress to target higher-grade areas and convert resources from inferred to measured and indicated categories [5][10] Resource and Historical Data - The Richmond Hill project hosts a large near-surface heap leachable resource, with a total of 3.65 million ounces of gold and 38.1 million ounces of silver in measured and indicated resources [10][11] - The resource is supported by a historical database of 56,734 gold assays from 902 drill holes and additional drilling conducted by Dakota Gold since 2022 [11][12] Community and Economic Impact - The project is expected to contribute significantly to the local economy, with the potential for high-paying jobs and substantial tax revenues for South Dakota [3][5] - The Richmond Hill project is situated on previously mined, privately held land, facilitating efficient advancement through permitting and development [13]

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