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Newmont Corporation (NEM) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2025-08-20 14:41
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market o ...
Providence Gold Mines Inc. Options La Dama de Oro Gold Property
Thenewswire· 2025-08-20 13:00
VANCOUVER – August 20, 2025 – TheNewswire - Providence Gold Mines Inc. ("Providence" or the "Company") announces that subject to Regulatory approval it has entered an option agreement to acquire the "La Dama de Oro Gold Property". The property is a historical gold mine 100% owned by the Optionor, (" Mohave Gold Mining"), a private Company incorporated under the laws of the state of California. The La Dama de Oro Property is situated in the Silver Mountain Mining District, within the structurally complex Eas ...
Allegiant Receives BLM Approval for Exploration at Castle Zone Within Eastside Gold Project Plan of Operation Significantly Expands the Project Area
Thenewswire· 2025-08-20 13:00
Tonopah, Nevada / August 20, 2025 – TheNewswire - Allegiant Gold Ltd. ("Allegiant" or the "Company") (AUAU: TSX-V) (AUXXF: OTCQX) is pleased to announce that it has received formal approval from the Bureau of Land Management (BLM) and the Nevada Division of Environmental Protection (NDEP) for its Environmental Assessment (EA) and Plan of Operations for the Castle Project, located in Esmeralda County, Nevada, approximately 22 miles west of Tonopah. The approval allows Allegiant to proceed with an extensive m ...
K92 Mining: Well On Track To Tier One Mid-Size Gold Producer
Seeking Alpha· 2025-08-20 12:30
Group 1 - The article discusses an investment strategy suitable for various types of investors, including those focused on dividends, value propositions, or growth opportunities [1] Group 2 - The author has a Master's degree in Business Economics and possesses a strong managerial and economic background, emphasizing a solid quantitative basis [1] - The coverage includes all sectors and different types of stocks, indicating a comprehensive approach to investment analysis [1]
SONORO GOLD ANNOUNCES $525,000 PRIVATE PLACEMENT
Globenewswire· 2025-08-20 12:00
Group 1 - Sonoro Gold Corp. announces a non-brokered private placement offering of 3,500,000 units at a price of CAD $0.15 per unit, aiming for gross proceeds of CAD $525,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at CAD $0.22 for two years [2] - The net proceeds will be allocated to the ongoing development of the Cerro Caliche gold project in Sonora, Mexico, as well as for working capital [3] Group 2 - Sonoro Gold Corp. is engaged in the exploration and development of the Cerro Caliche project and the San Marcial project in Sonora State, Mexico [4] - The company has a management team with a proven track record in discovering and developing natural resource deposits [4]
Maple Gold Announces $5 Million Non-Brokered Private Placement Led by Strategic Investor Michael Gentile and Provides Corporate Update
Newsfile· 2025-08-20 12:00
Maple Gold Announces $5 Million Non-Brokered Private Placement Led by Strategic Investor Michael Gentile and Provides Corporate Update August 20, 2025 8:00 AM EDT | Source: Maple Gold Mines Ltd. Not for distribution to United States news wire services or for dissemination in the United States Vancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to announce its intention to raise aggregate gros ...
B2Gold Increases Position in Founders Metals
Newsfile· 2025-08-20 11:30
Per: "Colin Padget" Colin Padget President, Chief Executive Officer, and Director Cautionary Statement Regarding Forward-Looking Information Vancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces that B2Gold Corp. ("B2Gold") has completed its obligations under the Shareholder Agreement by purchasing 1,170,000 common shares (the "Shares"), as outlined in the Company's November 5, 2024 press release. ...
Searchlight Resources Completes Acquisition of 100% Interest in the Robinson Creek Gold Property
Newsfile· 2025-08-20 11:00
Searchlight Resources Completes Acquisition of 100% Interest in the Robinson Creek Gold Property August 20, 2025 7:00 AM EDT | Source: Searchlight Resources Inc. Vancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") is pleased to announce that it has completed the required payments and shares issuance to earn a 100% interest in the Robinson Creek Gold project, located approximately 16 km west of Creighton, ...
Abcourt starts the mill at the Sleeping Giant Project
Globenewswire· 2025-08-20 11:00
ROUYN-NORANDA, Quebec, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Corporation") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased announce that it has started the mill at the Sleeping Giant Project in Eeyou Istchee, Québec. Following the recent update made in the August 7 press release, the Corporation is happy to announce that the mill is currently turning at the Sleeping Giant site. The material processed comes 100% from the development operations at the Sleeping Giant project dire ...
DRDGOLD (DRD) - 2025 H2 - Earnings Call Transcript
2025-08-20 09:00
Financial Data and Key Metrics Changes - Revenue increased by 26%, reaching approximately ZAR 8 billion, driven by a 31% rise in gold prices from ZAR 1,250,000 per kilogram to ZAR 1,630,000 per kilogram [28][35] - Operating profit surged by 69%, amounting to around ZAR 3.1 billion, reflecting effective cost management and increased revenue [13][32] - Headline earnings per share rose by 69% year-on-year, indicating strong financial performance [34] - Cash operating costs increased by only 4% year-on-year, demonstrating effective cost control despite operational challenges [28] Business Line Data and Key Metrics Changes - Ergo's operating profit approximately doubled from ZAR 1 billion to ZAR 2 billion, benefiting from improved gold prices and operational efficiency [29] - Far West Gold maintained stable operations with a slight increase in operating profit from ZAR 1.1 billion to ZAR 1.5 billion, despite a challenging production environment [30] - The average yield at Ergo decreased slightly due to the nature of the ore being mined, with a focus on reclamation sites [5][18] Market Data and Key Metrics Changes - The gold price significantly impacted revenue, with a 31% increase contributing to overall financial performance [28][34] - The company reported a decrease in gold sold by 3% year-on-year, indicating a slight reduction in production volume [35] Company Strategy and Development Direction - The Vision 2028 initiative aims to increase production to 3 million tons per month and achieve 200,000 ounces of gold annually, with ongoing projects to extend the life of mines [3][56] - The company is focusing on sustainable development and environmental impact, integrating these aspects into its operational strategy [14][23] - Significant capital expenditures of ZAR 2.5 billion were made to support growth and operational improvements [13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing the ability to maintain cash positive status and pay dividends, reflecting confidence in cash flows [12][13] - The operational environment remains challenging, but the company is well-positioned to capitalize on favorable gold prices and improve operational efficiency [14][28] - Management highlighted the importance of sustainable practices and the potential for future growth through strategic projects [14][56] Other Important Information - The company has paid dividends for the last eighteen years, with the final dividend for the year being ZAR 0.40, double that of the previous year [10][12] - The company is actively pursuing carbon credits as part of its sustainability initiatives, having already pushed 42 million kilowatt hours into the grid [54] Q&A Session Summary Question: What are the expectations for future production levels? - Management indicated that production levels are expected to stabilize and increase as the Vision 2028 projects are implemented, targeting 3 million tons per month and 200,000 ounces of gold annually [3][56] Question: How is the company managing costs amid rising operational challenges? - The company has successfully contained cash operating costs to a 4% increase year-on-year, demonstrating effective cost management strategies [28][34] Question: What is the outlook for the gold price and its impact on operations? - Management expressed confidence in the gold price remaining favorable, which has significantly contributed to the company's revenue and profit margins [13][28]