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Gold Production for YE 2025 and Award of Impact Benefit Agreement (“IBA”)
Globenewswire· 2026-01-08 07:00
Core Viewpoint - Amaroq Ltd. has reported year-end gold production from its Nalunaq gold mine of approximately 6.6 thousand ounces (koz), exceeding the midpoint of its annual guidance range of 6-7 koz, indicating strong operational performance and progress in the commissioning phase of the mine [3][4][6]. Group 1: Production and Operational Highlights - The gold production of ~6.6 koz for the year ended 2025 is above the mid-point of the guidance range [3][6]. - The processing unit and mining operations at the Nalunaq mine have performed well since the restart of operations following a shutdown in Q4 2025, with expectations to increase the recovery factor to approximately 90% upon completion of Phase 2 in Q2 2026 [4][6]. - Mining and processing rates are anticipated to remain consistent into the new year [6]. Group 2: Agreements and Future Plans - The final Impact Benefit Agreement (IBA) for the Nalunaq mine has been approved, marking a significant milestone for the company and the development of a successful mining industry in Greenland [5][6]. - The company plans to announce production guidance and budget for 2026 in late February 2026 [6]. Group 3: Company Overview and Strategic Assets - Amaroq Ltd. focuses on the identification, acquisition, exploration, and development of gold and strategic metal assets in Greenland, with its flagship asset being the 100%-owned Nalunaq Gold Mine [7]. - The company has also acquired a 100% interest in the Black Angel zinc-lead-silver project, which is historically one of Greenland's highest-grade base metal operations, as part of its West Greenland Hub strategy [8]. - Beyond gold and base metals, Amaroq controls a diverse portfolio of strategic metal licenses across South Greenland, including advanced exploration projects for copper, nickel, and rare earth elements [9].
Orosur Mining Inc Announces Anzá Restarts With Strong Set of Drilling Results
Accessnewswire· 2026-01-08 07:00
Core Insights - The final three infill drill holes at Pepas have shown strong assay results, indicating significant gold mineralization [1] - The results include: PEP072B with 47.60m at 3.43g/t Au, PEP073 with 104.45m at 5.96g/t Au, and PEP074 with 71.35m at 6.46g/t Au, all from surface [1] - The Pepas drill database has been delivered to consultants, and mineral resource estimation (MRE) modeling is currently underway [1] - Planning is in progress for the commencement of the feasibility process [1]
Jaguar Mining Announces Approval from ANM for Resumption of Key Operations at Its MTL Complex, Powering Future Growth with Safety & Excellence
Accessnewswire· 2026-01-08 00:30
Core Viewpoint - Jaguar Mining Inc. has received official approval from the National Mining Agency for the restart of key mining and processing operations at the MTL Complex, which is a significant step towards achieving planned gold production levels [1] Group 1 - The approval allows for the full operation of the Turmalina Mine and associated facilities, including the paste fill plant [1] - The decision enables the resumption of essential operations such as underground development and mining [1] - The metallurgical plant, paste fill plant, and filtration unit will now be fully functional [1]
Lion One Announces Resignation of Director
TMX Newsfile· 2026-01-07 23:32
Core Viewpoint - Lion One Metals Limited announces the resignation of Tayfun Eldem from its Board of Directors effective January 6, 2026, and expresses gratitude for his contributions to the company [1][2]. Company Overview - Lion One Metals is an emerging Canadian gold producer based in North Vancouver, British Columbia, with operations initiated in late 2023 at its 100% owned Tuvatu Alkaline Gold Project in Fiji [2]. - The Tuvatu project includes the high-grade Tuvatu Alkaline Gold Deposit, an Underground Gold Mine, a Pilot Plant, and an Assay Lab [2]. - The company holds an extensive exploration license for the Navilawa Caldera, which contains multiple mineralized zones and promising exploration targets [2].
David Gunning Joins Lode Gold as Technical Advisor
TMX Newsfile· 2026-01-07 23:23
Core Viewpoint - Lode Gold Resources Inc has appointed David Gunning as a technical advisor to enhance the Fremont Gold Project in California, leveraging his extensive experience in underground gold mining and project management [1][2][3]. Company Developments - David Gunning brings over 35 years of experience in mining engineering, having previously held key roles such as COO and VP, and has been involved in significant projects including the Cerro Blanco project in Guatemala and the San Martin gold mine in Mexico [3]. - The Fremont Gold Project is a brownfield site in Mariposa, California, with a history of mining halted in 1942. The project has seen significant drilling and sampling, with a recent updated mineral resource estimate indicating 92% of the ounces remain unmined [6]. Financial Arrangements - Lode Gold has extended the maturity date of a loan with Romspen to October 31, 2026, in exchange for issuing 700,000 common share purchase warrants at an exercise price of $0.46, along with a 1% extension fee on the outstanding principal [4].
Mineros Sets Record December Gold Production, Achieves Upper End of Guidance for 2025
Businesswire· 2026-01-07 22:40
MEDELLIN, Colombia--(BUSINESS WIRE)--Mineros S.A. (TSX:MSA, OTCQX:MNSAF, BVC:MINEROS) ("Mineros†or the "Company†) reports that it achieved record December production of 20,667 ounces of gold equivalent ("AuEq†) in Nicaragua, and total production of 225,846 ounces of AuEq, reaching the upper end of guidance for 2025. This performance is beginning to reflect the impact of multiple operational improvement initiatives, supported by our continued focus on efficiency and execution. We remain confident in our ...
Early Warning News Release in Accordance with National Instrument 62-103
TMX Newsfile· 2026-01-07 19:06
Core Viewpoint - Consorcio Minero Horizonte S.R.L. (CMH) has acquired approximately 91.15% of the common shares of Antioquia Gold Inc. through a merger with Infinita Prosperidad Minera S.A.C. for a total consideration of C$3,780,000 [1][3]. Group 1: Acquisition Details - On December 30, 2025, CMH acquired 989,281,437 common shares of Antioquia, representing approximately 91.15% of the issued and outstanding shares [2]. - Prior to the acquisition, CMH held no common shares of Antioquia, indicating a complete transition from 0% to 91.15% ownership following the merger [4]. - The acquisition was made for investment purposes, with CMH planning to continuously evaluate its investment in Antioquia and potentially adjust its holdings based on market conditions and business prospects [5]. Group 2: Merger and Regulatory Compliance - The merger between CMH and Infinita was completed under the "private agreement exemption," which allows for the acquisition without a general offer to all shareholders, provided certain conditions are met [6]. - The acquisition was structured to ensure that the value of the consideration paid did not exceed 115% of the value of the securities, complying with regulatory requirements [6]. Group 3: Company Information - Antioquia Gold Inc. is headquartered in Toronto, Ontario, Canada, while CMH is an investment company incorporated in Peru, with its head office located in Lima [7].
Gold mining output to peak in 2027 with gradual plateau rather than sharp drop – World Gold Council
KITCO· 2026-01-07 18:46
Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...
SSRM Stock Soars 216% YTD: What's the Right Strategy for Investors?
ZACKS· 2026-01-07 18:31
Core Insights - SSR Mining Inc. (SSRM) stock has appreciated 216.1% in a year, significantly outperforming the industry growth of 46.3% and the Zacks Basic Materials sector and S&P 500 gains of 38.3% and 20.5%, respectively [1][6] - The company has surpassed gold mining peers such as Hudbay Minerals Inc. (HBM) and Wheaton Precious Metals Corp. (WPM), which have seen stock increases of 149% and 122.4% respectively this year [3][6] Stock Performance - SSR Mining's stock surged 216% in a year, driven by a sharp rally in gold and silver prices [6] - The company is now the third-largest gold producer in the U.S. following the acquisition of the Cripple Creek & Victor (CC&V) mine [10][11] Gold and Silver Prices - Gold prices have increased by 67.7% year-over-year, currently trading above $4,465 per ounce, influenced by safe-haven demand and geopolitical risks [8] - Silver prices have surged 163.4% year-over-year, trading above $70 per ounce, driven by strong industrial demand [9] Production Growth - SSR Mining reported an 18% year-over-year increase in gold equivalent production for the first nine months of 2025, totaling 326,940 ounces [12] - The company maintained its 2025 gold production guidance at 410,000-480,000 gold equivalent ounces [12] Earnings Estimates - The Zacks Consensus Estimate for 2025 earnings is $1.85 per share, indicating a year-over-year surge of 560% [17] - The estimate for 2026 is $3.58 per share, suggesting an increase of 93.3% [17] Valuation - SSR Mining is currently trading at a forward 12-month price-to-earnings multiple of 6.29, which is a discount to the industry average of 16.87 [19] - The stock is cheaper than Hudbay Minerals and Wheaton Precious Metals, which are trading at 16.31 and 38.18 respectively [20] Long-Term Growth Prospects - SSR Mining invested $17.1 million in its Hod Maden project, focusing on engineering and early-stage site development [23] - The gold production profile at Marigold is expected to increase to over 270,000 ounces annually by 2027, with an 18% CAGR over 2024 [24] Strategic Acquisition - The acquisition of the CC&V Mine is expected to enhance SSR Mining's production profile and key metrics, positioning the company for growth [26]
Toronto Stock Exchange, Erdene Resource Development Corp., The View from the C-Suite
TMX Newsfile· 2026-01-07 17:21
Company Overview - Erdene Resource Development Corp. is a low-cost gold producer focused on the Khundii Minerals District in southern Mongolia [3] - The company achieved its first gold pour at the Bayan Khundii gold mine in September and is currently in the ramp-up stage towards nameplate capacity [3] - Erdene aims to develop a multi-mine, multi-commodity mining company with ongoing exploration and technical studies [3] Project Development - The company is expanding the Bayan Khundii project and defining new opportunities at the Dark Horse and Altan Nar gold projects [3] - Erdene is also advancing the Zuun Mod project, which is one of Asia's largest undeveloped molybdenum and copper deposits [3]