Workflow
Gold Mining
icon
Search documents
CopAur Minerals To Acquire The Royal Vindicator Project
Newsfile· 2025-07-07 20:38
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].
Initial Assessment with Cash Flow Demonstrates Robust Economics for Richmond Hill
Newsfile· 2025-07-07 20:30
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]
Royal Gold to acquire Sandstorm Gold for $3.5B
Proactiveinvestors NA· 2025-07-07 17:34
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
高盛:澳大利亚锂与黄金覆盖_覆盖总结、预测及现货价格情景
Goldman Sachs· 2025-07-07 15:44
Australian Lithium & Gold Coverage Coverage summary, forecasts and spot pricing scenarios July 2025 Priced as of 4 July 2025 Hugo Nicolaci Goldman Sachs Australia Pty Ltd +61 2 9321 8323 hugo.nicolaci@gs.com Paul Young Goldman Sachs Australia Pty Ltd +61 2 9321 8302 paul.young1@gs.com Isaac Brooke Goldman Sachs Australia Pty Ltd +61 2 9321 8675 isaac.brooke@gs.com Marcus Dosanjh Goldman Sachs Australia Pty Ltd +61 2 9321 8780 marcus.dosanjh@gs.com Goldman Sachs does and seeks to do business with companies c ...
Chester Millar Joins CopAur Minerals
Newsfile· 2025-07-07 15:21
Core Viewpoint - CopAur Minerals Inc. has appointed Chester Millar and Duane Nelson to its Advisory Board, enhancing its expertise in mine development and innovative extraction technologies, which is crucial for advancing its high-potential gold assets in Nevada [1][5]. Group 1: Advisory Board Appointments - Chester Millar is recognized for pioneering heap leach gold extraction, significantly reducing production costs and enabling the development of numerous profitable gold mines [2][4]. - Millar's experience includes transforming Glamis Gold Ltd. into a major North American gold producer, culminating in its acquisition by Goldcorp for US$8.2 billion in 2006 [2][4]. - Duane Nelson, founder and CEO of Innovation Mining Inc., brings expertise in environmentally responsible metallurgy, focusing on eco-friendly metal extraction processes [5][6]. Group 2: Strategic Importance - The addition of Millar and Nelson is expected to accelerate CopAur's path to production, particularly for its Kinsley Mountain and Troy Canyon oxide gold assets [4][5]. - The current market conditions, including high gold prices and supportive U.S. policies, are viewed as favorable for building a gold mine [5][6]. Group 3: Stock Options - The Board of Directors has approved the grant of 4,200,000 stock options to various stakeholders at an exercise price of $0.15 per share, valid for five years [6].
4 High Earnings Yield Value Stocks You Should be Owning
ZACKS· 2025-07-07 14:21
Key Takeaways FMS, EGO, HOPE, and HRTG are value stocks with earnings yields above 10% and strong growth forecasts. EPS estimates for all four stocks have been revised upward in recent weeks, signaling growing optimism. Each stock trades above $5 with solid liquidity, making them attractive picks for value-focused investors.The U.S. stock market bounced back from its April lows, ending the first half of the year on a strong note. Fears over the impact of tariffs somewhat eased, and a strong June jobs repo ...
Five Years On, Barrick’s Twiga Partnership Delivers Growth and Shared Value for Tanzania
Globenewswire· 2025-07-07 12:30
Core Viewpoint - The Twiga partnership between Barrick Mining Corporation and the government of Tanzania has successfully established a sustainable model for mineral development, focusing on shared value and long-term investment in the country's future [1][2][3]. Economic Contributions - Since taking operational control in 2019, Barrick has invested $4.79 billion into the Tanzanian economy, with $558 million contributed in the first half of 2025 alone [4]. - Over 90% of procurement is conducted with Tanzanian suppliers, primarily indigenous companies, and 96% of the workforce is Tanzanian, with 49% sourced from local communities [4]. Educational Initiatives - The Future Forward education program, a joint investment of $30 million by Barrick and the government, aims to expand school infrastructure, providing classroom space for an additional 45,000 pupils [5]. Operational Developments - At Bulyanhulu, significant advancements have been made in the Upper West decline, supported by new fleet arrivals and improved infrastructure, enhancing production capabilities for the long term [6]. - North Mara has implemented a new battery energy storage system to improve power reliability, with community resettlement activities nearing completion [7]. Community Engagement - Barrick emphasizes the importance of partnerships with host communities, particularly in rebuilding relationships around North Mara, leading to improved trust and social license [8]. Exploration and Future Planning - Barrick is actively investing in exploration to secure the future of its Tanzanian operations, with current drilling programs targeting resource extensions and new prospects [9]. - Even during the closure of Buzwagi, efforts are being made to create long-term value through the development of a Special Economic Zone [10]. Long-term Commitment - The partnership has not only stabilized operations but has also created a platform for long-term value delivery through shared ownership and local empowerment [11]. - Barrick's commitment to Tanzania extends beyond mining operations, focusing on leaving behind beneficial infrastructure and institutions for the future [11].
Five Years On, Barrick's Twiga Partnership Delivers Growth and Shared Value for Tanzania
GlobeNewswire News Room· 2025-07-07 12:30
Core Insights - The Twiga partnership between Barrick Mining Corporation and the government of Tanzania has successfully redefined mining's role in national development, focusing on shared value and long-term investment [1][3][11] Economic Contributions - Barrick has invested $4.79 billion into the Tanzanian economy since taking operational control in 2019, with $558 million contributed in the first half of 2025 [4] - Over 90% of procurement is with Tanzanian suppliers, primarily indigenous companies, and 96% of the workforce is Tanzanian, with 49% from local communities [4] Educational Initiatives - The Future Forward education program, a joint $30 million investment, aims to expand school infrastructure, providing classroom space for an additional 45,000 pupils [5] Operational Developments - At Bulyanhulu, significant advancements have been made in the Upper West decline, with new infrastructure improving production capabilities [6] - North Mara has implemented a battery energy storage system to enhance power reliability, and community resettlement activities are nearing completion [7][8] Exploration and Future Planning - Barrick is actively investing in exploration to secure future operations, with current drilling programs targeting resource extensions in the North Mara complex and Bulyanhulu [9] - Even during the closure of Buzwagi, efforts are being made to create long-term value through the development of a Special Economic Zone [10] Community Engagement - The partnership with host communities is crucial, with ongoing efforts to rebuild relationships and deliver on commitments, particularly around North Mara [8][11] Vision for Mining - The Twiga partnership is presented as a model for responsible mining, emphasizing shared ownership, local empowerment, and sustainable development [12]
ARIS MINING ANNOUNCES SALE OF JUBY GOLD PROJECT TO MCFARLANE LAKE MINING
Prnewswire· 2025-07-07 12:15
Core Viewpoint - Aris Mining Corporation has signed a definitive asset purchase agreement with McFarlane Lake Mining Limited for the sale of the Juby Gold Project in Ontario, Canada, valued at US$22 million [1][2][4]. Company Overview - Aris Mining is focused on building a leading gold mining company in Latin America, with operations in Colombia and Guyana [5][6]. - The company operates two underground gold mines in Colombia, producing 210,955 ounces of gold in 2024, and aims to increase annual production to over 500,000 ounces [6][8]. Transaction Details - The Juby Gold Project includes Aris Mining's 100% interest in the project and a 25% joint venture interest in the adjacent Knight property [2]. - The total consideration for the transaction is US$22 million, consisting of US$10 million in cash at closing, common shares of McFarlane, and potential additional payments within 12 months if necessary [7][4]. - The completion of the transaction is contingent upon McFarlane raising at least US$10 million in gross proceeds and meeting other customary closing conditions [4]. Strategic Focus - The sale of the Juby Gold Project aligns with Aris Mining's strategy to concentrate on core operations in Latin America, while McFarlane aims to enhance its portfolio and shareholder value through this acquisition [3][10].
Centerra Gold Provides Notice of Second Quarter 2025 Results and Conference Call
GlobeNewswire News Room· 2025-07-07 11:30
Core Viewpoint - Centerra Gold Inc. is set to release its second quarter 2025 operating and financial results on August 6, 2025, followed by a conference call on August 7, 2025, at 9:00 a.m. Eastern Time [1]. Company Overview - Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring, and acquiring gold and copper properties in North America, Türkiye, and other global markets [3]. - The company operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye [3]. - Centerra also owns the Kemess Project in British Columbia, the Goldfield Project in Nevada, and operates a Molybdenum Business Unit in the United States and Canada [3]. - The company's shares are traded on the Toronto Stock Exchange (TSX) under the symbol CG and on the New York Stock Exchange (NYSE) under the symbol CGAU [3].