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Nations Royalty Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$13 Million
TMX Newsfile· 2026-01-15 23:58
Core Viewpoint - Nations Royalty Corp. has increased the size of its private placement offering from C$10 million to C$13 million due to strong investor demand [1] Offering Details - The offering will consist of 8,125,000 units priced at C$1.60 per unit, each unit comprising one common share and one-half of a common share purchase warrant [1][2] - Each whole warrant allows the holder to purchase one common share at a price of C$2.25 within 36 months after the closing date [2] - An over-allotment option allows underwriters to purchase an additional 1,250,000 units for up to C$2 million [3] Use of Proceeds - The net proceeds from the offering will be used for acquisitions of royalties, income and commodity streams, annual benefit payments, and working capital [4] Regulatory Compliance - The offering will comply with National Instrument 45-106 and will be available to purchasers in all Canadian provinces except Québec [5] - The units will also be offered in the U.S. and other jurisdictions under applicable laws [5] Closing and Underwriter Compensation - The offering is scheduled to close on January 30, 2026, subject to necessary approvals [7] - The company will pay underwriters a cash commission of 6.0% of the gross proceeds and issue warrants equal to 6.0% of the units sold [7] Company Vision and Mission - Nations Royalty aims to unite First Nations and Indigenous groups in Canada, inviting external investors to participate as shareholders [10] - The company focuses on combining royalties and income streams from resource projects to enhance growth and value [10]
Stonegate Capital Partners Initiates Research Coverage on Cassiar Gold Corp. (GLDC)
TMX Newsfile· 2026-01-15 22:26
Core Insights - Stonegate Capital Partners has initiated coverage on Cassiar Gold Corp. (TSXV: GLDC), highlighting significant advancements in the company's technical foundation [1] - The June 2025 NI 43-101 technical report presents an updated mineral resource estimate for the Cassiar Gold Property, indicating substantial mineral resources [1] - The pit-constrained Taurus Mineral Resource Estimate (MRE) includes Indicated Mineral Resources of 8.8 million tonnes at 1.43 g/t Au (410,000 ounces) and Inferred Mineral Resources of 63.2 million tonnes at 0.95 g/t Au (1.93 million ounces) [1] - Notably, 91% of the ounces are located within 150 meters of the surface, with mineralization starting at the surface [1] - Cassiar has been actively drilling and conducting fieldwork to expand mineralization and improve continuity, with a total of 7,168 meters drilled over 30 holes in the 2024 program and 7,308 meters over 20 holes in the 2025 program, yielding positive early results [1] Company Overview - Cassiar Gold Corp. owns a 100% gold project with a history of production [5] - The company has infrastructure already in place, which supports its operational capabilities [5] - Updated technical reports reflect the ongoing development and potential of the Cassiar Gold Property [5]
DynaResource Announces Preliminary Full Year 2025 Operating Results and 2026 Guidance
TMX Newsfile· 2026-01-15 22:15
Core Viewpoint - DynaResource, Inc. has reported its preliminary operating results for 2025 and provided guidance for 2026, highlighting significant operational improvements and strategic initiatives aimed at enhancing profitability and efficiency at the San Jose de Gracia Mine in Mexico. Group 1: 2026 Guidance Highlights - The company aims for a more stable and predictable operating performance in 2026, supported by capital works and operational improvements from 2025 [3][4] - Cash costs are targeted to decrease by approximately 15% due to ongoing efficiency efforts [4] - The 2026 guidance includes an expected increase in overall gold recovery due to the installation of a new primary gravity gold circuit [3][5] Group 2: 2025 Preliminary Operating Results - Gold production for 2025 is reported at 21,393 ounces, falling within the updated guidance of approximately 21,000 ounces [13] - Cash costs for 2025 ranged from $1,400 to $1,600 per ounce, while All-In Sustaining Costs (AISC) were between $2,400 and $2,600 per ounce [8] - The company milled 260,694 tonnes of ore in 2025, with a calculated grade of 3.46 g/t gold and a recovery rate of 74% [13] Group 3: Operational Improvements - Significant capital investments in 2025 included enhancements to underground development and improved utilization of mining equipment, allowing for an average ore delivery capacity of 850-900 tonnes per day [9] - A major optimization of the processing plant was completed, including the installation of three Falcon gravity concentrators, which began producing an average of 18 ounces of gold in gravity concentrate per day by December 2025 [10] - The company has identified two new mineralized zones, Victoria and Palos Chinos, which are being evaluated for inclusion in the 2026 mine plan [12] Group 4: Exploration and Future Plans - The company plans to resume exploration activities with a drilling program of at least 10,000 meters targeting four primary zones [6] - Exploration expenditures for 2025 were estimated between $1.0 million and $2.0 million [8] - The company is also evaluating a potential location for a third tailings storage facility to support future operations [11]
First Quantum Minerals Announces 2025 Preliminary Production and 2026 - 2028 Guidance
Globenewswire· 2026-01-15 22:01
Core Viewpoint - First Quantum Minerals Ltd. announced preliminary production results for 2025 and provided guidance for production, capital expenditure, and costs for 2026 to 2028, highlighting strong operational performance and ongoing projects like Cobre Panamá and Taca Taca [1][2]. Production Highlights - Annual copper production for 2025 was 396 thousand tonnes, within the revised guidance range of 390 to 410 thousand tonnes, but 35 thousand tonnes lower than 2024 [4][7]. - Gold production for 2025 reached 152 thousand ounces, exceeding the top end of the revised guidance range of 140 to 150 thousand ounces [4][11]. - Nickel production for 2025 was 23.2 thousand tonnes, surpassing the revised guidance range of 18 to 23 thousand tonnes [4][12]. Cobre Panamá Update - The Government of Panama will approve the removal and processing of low-grade ore stockpiles, creating 700 direct jobs and generating royalties for the country [2][33]. - Processing of stockpiles is expected to produce approximately 70 thousand tonnes of copper and will not constitute a mine reopening [35][34]. Taca Taca Update - An updated Technical Report for Taca Taca is expected in Q1 2026, with approvals for the Environmental and Social Impact Assessment and water permit applications anticipated in the first half of 2026 [6][40]. Three-Year Guidance - Copper production guidance for 2026 is set at 375 to 435 thousand tonnes, with a slight decrease in Kansanshi output due to increased ore hardness [18][19]. - Gold production guidance for 2026 is lowered due to lower grades at Kansanshi, while nickel production guidance remains unchanged [18][21]. Capital Expenditure - Total capital expenditure guidance for 2026 is increased to $1,000 to $1,150 million, reflecting expenditures originally scheduled for 2025 [30][31]. - Approximately $600 million of the three-year capital expenditure is related to sustainability projects aimed at improving cost structure and productivity [31][32]. Cost Guidance - Total copper C1 cash cost and AISC unit cost ranges have increased due to lower production forecasts and changes in methodology [24][26]. - AISC trends are expected to decrease in outer years as production increases and sustaining capital reduces [27].
Kinross Gold Corporation (K:CA) Discusses U.S. Project Updates Including Round Mountain Phase X, Kettle River-Curlew and Bald Mountain Redbird 2 Transcript
Seeking Alpha· 2026-01-15 18:16
Core Viewpoint - Kinross Gold is conducting a virtual conference call to provide updates on its U.S. projects for the first quarter of 2026, highlighting ongoing developments and future plans [1]. Group 1: Company Overview - The conference is led by David Shaver, Senior Vice President of Investor Relations & Communications, who emphasizes the forward-looking nature of the statements to be made [2]. - The presentation will include an introduction by Paul Rollinson, CEO, followed by updates from Will Dunford, Senior Vice President and Chief Technical Officer, and the technical team [3]. Group 2: Project Updates - The updates will cover individual projects including Round Mountain Phase X, Kettle River, Curlew, and Bald Mountain Redbird, indicating a focus on specific operational advancements [3].
Agnico Eagle Mines Limited (AEM) Increases Stake in Osisko as it Targets High Geological Potential Projects
Yahoo Finance· 2026-01-15 18:14
Company Overview - Agnico Eagle Mines Limited (NYSE:AEM) is a major Canadian-based gold mining company that explores, develops, and produces precious metals, primarily gold, but also silver, zinc, and copper from mines in Canada, Australia, Finland, and Mexico [5] Recent Developments - On December 16, 2025, the company confirmed the acquisition of 26 million common shares of Osisko Metals for a total consideration of $12.48 million, increasing its ownership stake in Osisko to 9.85% on a non-diluted basis [2] - The investment is part of the company's strategy to acquire strategic positions in prospective projects with high geological potential [2][3] Strategic Focus - The company is increasingly focusing on investment portfolios with high-quality internal growth prospects, aiming to complement its pipeline by concentrating on projects with high geological potential [3] - Agnico Eagle has indicated that it may acquire additional Osisko securities or dispose of its holdings in Osisko, depending on market conditions and strategic priorities [3] Market Sentiment - Wall Street firms remain cautious about the company's prospects, with Jefferies reaffirming its Hold rating on Agnico Eagle and maintaining a $189 price target [4] - RBC Capital also reiterated a Hold rating on the stock on December 10, with a price target of $205 [4]
Raymond James Touts Newmont Corporation (NEM) Low-Risk Gold Business Model, Hikes Price Target
Yahoo Finance· 2026-01-15 18:14
Core Viewpoint - Newmont Corporation (NYSE:NEM) is highlighted as a top metal stock to invest in, with analysts at Raymond James raising the price target to $111 from $99, maintaining an Outperform rating [1][2]. Group 1: Financial Performance and Stability - The price target increase is attributed to Newmont's low-jurisdictional-risk global portfolio, which allows the company to generate solid cash flow amid rising gold prices, affirming its financial stability [2]. - Newmont's strong dividend framework enables it to share excess capital with shareholders, further enhancing its attractiveness as an investment [3]. Group 2: Market Position and Strategic Moves - Newmont Corporation is recognized as the world's leading gold mining company, also producing significant amounts of copper, silver, zinc, and lead, focusing on sustainable practices and strong ESG standards [4]. - The company recently agreed to sell 6.77 million shares of Fuertes Metals Corporation for $22 million, reducing its ownership stake from 24% to 19.5% [3]. Group 3: Analyst Sentiment - RBC Capital analyst Josh Wolfson maintains a bullish stance on Newmont, setting a price target of $120, indicating positive sentiment in the market [3].
Barrick Mining: A Tier One Producer Ready To Rally Hard
Seeking Alpha· 2026-01-15 17:51
Core Insights - The article discusses four types of business models present in the market, emphasizing the importance of understanding these models for investment analysis [1]. Group 1 - The focus is on uncovering high-yield investment opportunities for individual investors [1]. - The author aims to simplify complex concepts into actionable insights to help investors achieve better returns [1].
Leviathan Metals Announces Agreement to Sell Timor Gold Project License to Au Gold Corp.
Globenewswire· 2026-01-15 17:21
VANCOUVER, British Columbia, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Leviathan Metals Corp. (“Leviathan” or the “Company”) (LVX – TSXV, LVXFF – OTC, 0GP – FSE) is pleased to announce its wholly-owned subsidiary, Leviathan Gold (Australia) Pty Ltd. (“LVX AUS”) entered into a mineral property sale agreement (“MPSA”) with Au Gold Corp. (AUGC, TSXV) pursuant to which it will sell EL006278 in the Victorian Goldfields, Australia, which license covers the Timor Gold Project (“Timor”) in exchange for a cash payment of $1 ...
Best Momentum Stocks to Buy for Jan. 15
ZACKS· 2026-01-15 16:15
Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: Centerra Gold Inc., Aris Mining Corporation, and Cameco Corporation Group 1: Centerra Gold Inc. (CGAU) - Centerra Gold is a metals mining company with a Zacks Rank 1 and a 7.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The company's shares have gained 26.4% over the last three months, while the S&P 500 has declined by 5.4% [1] - Centerra Gold has a Momentum Score of B [1] Group 2: Aris Mining Corporation (ARMN) - Aris Mining is a gold mining company with a Zacks Rank 1 and a 2.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - The company's shares have gained 64.1% over the past three months, compared to the S&P 500's decline of 5.4% [2] - Aris Mining also possesses a Momentum Score of B [2] Group 3: Cameco Corporation (CCJ) - Cameco is a uranium mining company with a Zacks Rank 1 and a 2.7% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [3] - The company's shares have gained 21.8% over the last three months, while the S&P 500 has declined by 5.4% [3] - Cameco has a Momentum Score of A [3]