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AbraSilver Drilling at Diablillos Intercepts Wide Gold Intervals at Oculto East and Broad Silver Intercepts at JAC
Newsfile· 2025-09-30 11:30
Core Insights - AbraSilver Resource Corp. announced new assay results from its ongoing Phase V exploration program at the Diablillos project in Argentina, indicating significant gold and silver mineralization potential [1][3][11] Drill Results Summary - At Oculto East, notable drill results include: - DDH 25-072: 140 m at 0.57 g/t gold, including 8 m at 2.60 g/t gold [5][8] - DDH 25-066: 1 m at 108.9 g/t gold and 18 m at 0.97 g/t gold [5][8] - DDH 25-069: 24 m at 1.02 g/t gold [5][8] - At the JAC zone, significant silver mineralization was reported: - DDH 25-053: 29 m at 65 g/t silver, including 7 m at 108 g/t silver [5][11] - DDH 25-058: 32 m at 100 g/t silver, including 2 m at 400 g/t silver [5][11] Exploration Potential - The results from Oculto East and JAC highlight the potential for expanding both gold and silver resources beyond the current conceptual open pit boundaries, indicating strong continuity and scale of mineralization [3][11][9] - The ongoing exploration efforts have outlined multiple occurrences of silver-gold oxide mineralization, demonstrating the growth potential of shallow, oxide-hosted resources [17][25] Project Overview - The Diablillos property is located in the Puna region of Argentina, comprising 15 contiguous mineral concessions with excellent year-round access [16][25] - The current Measured and Indicated Mineral Resource estimate for Diablillos includes approximately 73.1 million tonnes grading 79 g/t silver and 0.66 g/t gold, with significant upside potential based on recent drilling [25][18]
Sierra Madre Announces Nazareno Silver and Gold Mine Preparing for Production
Newsfile· 2025-09-30 11:00
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that underground development has started at the Nazareno silver and gold mine within the La Guitarra silver-gold complex in Estado de Mexico, Mexico. To date, over 700 tonnes of mineralized material have been delivered to the Guitarra processing plant from Nazareno. This material was not included in the Mineral Resource Est ...
Endeavour (EXK) Climbs 15.4% to Hit New High on Fresh Silver Peak
Yahoo Finance· 2025-09-29 22:56
Company Overview - Endeavour Silver Corp. (NYSE:EXK) is a Canadian mining company focused on silver production, which recently experienced significant stock price appreciation, jumping 15.38% week-on-week to reach an all-time high [1][2]. Market Performance - The company's stock touched a 52-week high of $8.21 before closing at $7.80, coinciding with a surge in silver prices, which reached $46, the highest level in 14 years [2][4]. - The increase in silver prices is attributed to investor optimism regarding potential interest rate cuts by the US central bank, which typically benefits precious metals [3]. Production and Financials - In the first half of the year, Endeavour Silver produced 1.48 million ounces of silver and 7,755 ounces of gold, equating to 2.5 million ounces of silver equivalent [3]. - The company generated $85.3 million from the sale of 1.45 million ounces of silver and 7,706 ounces of gold, marking a 46% increase in revenues from operations compared to the same period last year [4].
Sibanye Stillwater (SBSW) Gets 17% Boost on Higher Platinum, Gold Prices
Yahoo Finance· 2025-09-29 22:43
Core Insights - Sibanye Stillwater Limited (NYSE:SBSW) experienced a significant surge in share prices, increasing by 16.98% week-on-week, reaching a record high due to rising platinum and gold prices [1][2] Group 1: Share Price Performance - On Friday, Sibanye's share price peaked at $11.25, marking a 52-week high, before closing at $11.16, up 4.69% for the day [2] - The increase in share prices was influenced by spot prices of gold and platinum, which rose by 0.28% and 3.37%, respectively [2] Group 2: Commodity Prices - Current spot prices are reported at $3,759.98 for gold and $1,580.56 for platinum per troy ounce [3] - The rise in gold prices is attributed to expectations of interest rate cuts, which typically weaken the US dollar, benefiting precious metals [3] Group 3: Strategic Developments - Sibanye recently completed the acquisition of Metallix Refining for $78 million, aimed at enhancing its US recycling operations [4] - The company anticipates that this acquisition will create significant value through cost and operational synergies [4]
Investment Canada Approval Received, Sandstorm Reminds Shareholders of Voting Deadline for Upcoming Special Meeting
Prnewswire· 2025-09-29 22:00
Accessibility StatementSkip Navigation VANCOUVER, BC, Sept. 29, 2025 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce that Royal Gold Inc. ("Royal Gold") has received all government regulatory approvals with respect to competition and foreign investment required for the previously announced acquisition of Sandstorm (the "Sandstorm Transaction") including the Investment Canada Act, the Competition Act (Canada), and th ...
Wheaton CEO Randy Smallwood: Gold streaming model delivers upside with less risk
Youtube· 2025-09-29 21:03
Joining me now is Randy Smallwood. He's CEO of Wheat and Precious Metals. Well, congratulations, I guess, on uh the the the price of your output going up like this.So, you're CEO of a company. You don't necessarily have control over the price of gold, but what can you do strategically in a period like this to lock in the benefit of what's going on in the precious metals market. >> Well, we're longtime believers in gold.First off, John, thanks to be honor to be here. Uh we're longtime believers in the value ...
The Case For $7,000 Gold
Forbes· 2025-09-29 20:05
Core Viewpoint - The suspension of the U.S. dollar's convertibility into gold in 1971, known as the "Nixon Shock," marked a significant shift from fiscal discipline to a floating exchange rate system, leading to rampant government spending and increasing national debt [2][4][5]. Historical Context - Prior to 1971, the U.S. dollar was backed by gold, with a fixed exchange rate of $35 per ounce. Post-1971, the dollar became a fiat currency with no intrinsic value, contributing to inflation and national debt [3][5]. - U.S. government debt has surged from approximately $400 billion in 1971 to $37.5 trillion today, representing about 124% of GDP. Global debt has also escalated to $324 trillion, over 235% of world GDP [5]. Monetary Policy and Debt - The detachment from the gold standard allowed governments to increase spending without the need for fiscal restraint, leading to significant budget deficits financed by the Federal Reserve [4][5]. - The current economic environment is characterized by record levels of margin debt, which has risen to $1.06 trillion, up nearly 33% from the previous year, indicating potential market vulnerabilities [10][11]. Gold as an Investment - Gold is viewed as a hedge against excessive debt and monetary mismanagement, with projections suggesting a potential price increase to $7,000 per ounce by the end of President Trump's second term [7][12][16]. - Central banks are actively increasing their gold reserves, with a net purchase of 200 metric tons in the first seven months of the year, reflecting a 4% increase year-over-year [8][13]. Investment Strategy - A recommended investment strategy includes a 10% allocation to gold, split between physical bullion and high-quality gold mining equities, emphasizing the importance of regular rebalancing [15].
Denarius Metals Granted the "Cruzadillo" Investigation Permit near Its Lomero Project, Huelva Province, Andalusia, Spain
Newsfile· 2025-09-29 11:00
Denarius Metals Granted the "Cruzadillo" Investigation Permit near Its Lomero Project, Huelva Province, Andalusia, SpainSeptember 29, 2025 7:00 AM EDT | Source: Denarius Metals Corp.The Cruzadillo Investigation Permit is located near the Lomero Project and covers approximately 60 hectaresDenarius Metals' area permitted for exploration in the Iberian Pyrite Belt now covers a total of approximately 665 hectaresCruzadillo increases the exploratory potential for expansion of our Lomero Project Tor ...
Newlox Gold Announces Final Closing of Oversubscribed Private Placement
Thenewswire· 2025-09-29 00:10
CSE: LUXFrankfurt/Stuttgart: NGOPink: NWLXFSeptember 29, 2025 – TheNewswire - Vancouver, British Columbia – Newlox Gold Ventures Corp, (“Newlox” or the “Company”) is pleased to announce that further to its press release of July 22, 29 and 31, 2025, it has closed the final tranche of the private placement which was oversubscribed by $793,219.88. An aggregate of 8,884,284, units (“Units”) at a price of $0.07 per Unit for gross proceeds of $621,899.8 (the “Offering”) was issued on September 26, 2025. Each U ...
Gold and Silver Market Analysis – September 2025
Stock Market News· 2025-09-27 16:14
Core Insights - September 2025 marks a significant period for precious metals, with gold surpassing $3,700 per ounce and silver reaching $46.04 per ounce, driven by Federal Reserve monetary easing, inflation concerns, central bank purchases, and geopolitical tensions [1][2][35] Market Performance Overview - Gold has seen a remarkable rally, trading at approximately $3,796.90 on September 23, 2025, representing a 44% increase from September 2024 [2] - Silver has outperformed gold, reaching a 14-year high of $44.11 on September 22, 2025, with a year-to-date gain of over 50% [4][5] Gold and Silver Dynamics - The gold-silver ratio is currently around 86:1, indicating that silver may be undervalued compared to gold, with potential for significant appreciation if the ratio normalizes to historical averages [6][7][38] - The Federal Reserve's recent rate cut and projected future cuts are expected to support precious metals prices, as gold typically performs well during periods of monetary easing with inflation above 2% [8][10][11] Central Bank Activity - Central banks added 166 tonnes of gold in Q2 2025, reflecting a 33% decline from Q1 but still 40% higher than the 2010-2021 average, with Poland being the largest net purchaser [14][15][16] - The shift towards gold by central banks is driven by geopolitical concerns and a desire to diversify away from traditional currency holdings [16][17] Industrial Demand and Supply Dynamics - Silver's industrial applications are expanding, with the electric vehicle industry accounting for 2.9% of global silver demand and the solar industry for 16%, growing at 14% annually [18][19] - Supply constraints in silver production are expected to lead to a shortage, as major mining operations face challenges in increasing output [21][22] Mining Stocks and ETF Performance - Precious metals mining stocks have significantly outperformed the underlying metals, with the NYSE Arca Gold Miners Index returning 52.65% year-to-date [23] - Despite strong performance, precious metals ETFs have seen outflows, indicating that many investors remain under-allocated to precious metals [25][26] Technical Analysis and Price Forecasts - Analysts have revised precious metals forecasts upward, with expectations for gold to reach $4,000 per ounce in 2026 and silver potentially testing all-time highs [32][40] - Key technical levels for gold are being monitored closely, with resistance at $3,750 and $3,850, and support at $3,550 and $3,450 [31] Investment Implications - Experts recommend a portfolio allocation of 10% to 15% in silver and no more than 20% in total for precious metals to provide diversification and inflation protection [34] - The current environment suggests a compelling contrarian opportunity for investors, as the sector remains under-owned despite strong fundamentals [39]