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Silver Bullet Mines Corp. Announces First Payment From Arizona Operations
TMX Newsfile· 2026-01-30 17:08
Burlington, Ontario--(Newsfile Corp. - January 30, 2026) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") is pleased to announce it has received its first payment for concentrate from its Arizona Mining Operations.The first shipment of gold/silver concentrate consisted primarily of waste material from the KT Mine and SC Mine was received by the Buyer on October 29, 2025. The Company has now completed five shipments of gold/silver concentrate and is currently processing mine ...
Pan American Silver: More Risk Than Reward, Opposite Of Early 2025 (Rating Downgrade)
Seeking Alpha· 2026-01-30 15:36
Core Insights - The article highlights the investment strategies of Paul Franke, a seasoned investor with 39 years of trading experience, emphasizing his contrarian stock selection style and the development of a system called "Victory Formation" for identifying stocks based on supply/demand imbalances [1] Group 1: Investment Strategies - Paul Franke suggests using 10% or 20% stop-loss levels on individual stock choices to manage risk effectively [1] - A diversified approach is recommended, advocating for ownership of at least 50 well-positioned stocks to achieve consistent outperformance in the stock market [1] - The "Bottom Fishing Club" articles focus on deep value candidates or stocks that are experiencing significant upward momentum reversals [1] Group 2: Analytical Approach - Franke employs daily algorithm analysis of fundamental and technical data as part of his investment strategy [1] - The "Volume Breakout Report" articles discuss positive trend changes that are supported by strong price and volume trading actions [1]
Sierra Madre Announces Closing of Second Tranche of its $57.5 Million Offering
TMX Newsfile· 2026-01-30 14:51
Core Viewpoint - Sierra Madre Gold and Silver Ltd. has successfully closed the second tranche of its brokered private placement, raising a total of $57,500,690 through the issuance of Subscription Receipts, which will be used to fund the acquisition of the Del Toro Silver Mine and for general working capital purposes [1][2][5]. Group 1: Offering Details - The second tranche involved the issuance of 13,709,576 Subscription Receipts at a price of $1.30 each, generating gross proceeds of $17,822,449 [1]. - Combined with the first tranche, the total number of Subscription Receipts issued is 44,231,300, resulting in total gross proceeds of $57,500,690 [1]. - The Offering was facilitated by Beacon Securities Limited as the lead agent, along with other agents including Canaccord Genuity Corp., BMO Capital Markets, and VSA Capital Limited [1]. Group 2: Transaction and Use of Proceeds - The proceeds from the Offering will primarily be used to finance the acquisition of the Del Toro Silver Mine from First Majestic Silver Corp. [2][5]. - The net proceeds will also support exploration and development activities at Del Toro and provide general working capital for the company [5]. Group 3: Escrow and Conditions - The gross proceeds from the second tranche, amounting to $17,569,531, have been placed into escrow, subject to the satisfaction of certain escrow release conditions [4]. - If the escrow release conditions are met by May 14, 2026, the remaining 50% of the Agents' Fees will be released to the agents, and the balance will be available to the company [4]. - Should the conditions not be satisfied, the escrowed proceeds will be returned to the holders of the Subscription Receipts [4]. Group 4: Fees and Compensation - The company paid the agents a cash commission and corporate finance fee of $452,072, with half of this amount placed into escrow [6]. - Additionally, the agents received 346,479 compensation options, allowing them to purchase common shares at the issue price within 24 months [6]. Group 5: Regulatory and Legal Considerations - The securities issued in connection with the second tranche are subject to a four-month hold period and require final approval from the TSX Venture Exchange [7]. - The securities have not been registered under U.S. securities laws and cannot be offered or sold in the United States unless registered or exempt [8].
Magellan Copper and Gold Corp. Announces LOI to Acquire the Ophir Creek Placer Gold Mine Near Ophir, AK from Village Gold, Inc.
Accessnewswire· 2026-01-30 13:30
Magellan Copper and Gold Corp. Announces LOI to Acquire the Ophir Creek Placer Gold Mine Near Ophir, AK from Village Gold, Inc. ELEMENT--[Back to the Newsroom]# Magellan Copper and Gold Corp. Announces LOI to Acquire the Ophir Creek Placer Gold Mine Near Ophir, AK from Village Gold, Inc.Planned acquisition gives Magellan the ability to produce gold in 2026, and take advantage of the rapid rise in metal prices which could add significant value to shareholders.WALLACE, ID / [ACCESS Newswire]/ January 30, 2026 ...
OR Royalties Appoints Mr. Kevin Thomson to its Board of Directors and Provides Additional Board Update
Globenewswire· 2026-01-30 12:30
Core Insights - OR Royalties Inc. has appointed Mr. Kevin Thomson as an Independent Director to its Board of Directors, while Mr. William Murray John has resigned from the Board effective immediately [1] Group 1: Appointment of New Director - Mr. Kevin Thomson brings over 40 years of senior strategic mergers and acquisitions experience in the mining industry, previously serving as Senior Executive Vice President at Barrick Gold Corporation [2] - Thomson has a distinguished background as a mergers and acquisitions lawyer and has been a key strategic advisor to Barrick's management team since 1995 [2] - The Company anticipates that Thomson's expertise in managing complex legal negotiations and corporate strategy will be invaluable as it continues to execute its global growth strategy [4] Group 2: Resignation of Board Member - Mr. William Murray John served as an independent board member since February 2020 and was involved in the Governance, Nomination and Sustainability Committee [3] - The Company expressed gratitude for John's contributions during his tenure and acknowledged his technical expertise and investment portfolio management skills [4] Group 3: Company Overview - OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions, including Canada, the United States, and Australia [5] - Since its inception in June 2014, the Company has grown its portfolio to over 195 royalties, streams, and similar interests, anchored by a 3-5% net smelter return royalty on Agnico Eagle Mines Limited's Canadian Malartic Complex [5]
Why Is Hycroft Mining Stock Sinking Friday? - Hycroft Mining Holding (NASDAQ:HYMC)
Benzinga· 2026-01-30 12:04
Group 1: Market Performance - Hycroft Mining Holding Corporation (NASDAQ:HYMC) stock fell 11.53% on Thursday and continued to decline by 11.09% in premarket trading on Friday, attributed to profit-taking in precious metal prices after a historic rally [1][5] - The spot price of gold decreased over 7% to below $4,980 per ounce, while silver dropped 17% toward $95 per ounce, despite both metals showing significant gains over the past year [2][3] Group 2: Price Trends and Volatility - Gold's price fluctuated between $5,040 and $5,380 per troy ounce, with a 52-week price range from approximately $2,770 to over $5,590 per ounce, indicating an 83.01% gain over the past year [3] - Hycroft's stock is currently trading 10.8% above its 20-day simple moving average (SMA) and 168.2% above its 100-day SMA, reflecting strong long-term strength despite recent pullbacks [4] Group 3: Technical Indicators - The Relative Strength Index (RSI) for Hycroft is at 64.36, suggesting the stock is in neutral territory and not yet overbought [5] - The Moving Average Convergence Divergence (MACD) is above its signal line, indicating bullish momentum that may support the stock against further declines [5]
Silver plummets 15%, gold falls 7% — dragging down miners and ETFs
CNBC· 2026-01-30 10:31
Argor-Heraeus' CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | ReutersGold and silver prices plunged on Friday, sparking a global sell-off of stocks and funds linked to the metals. By 5:04 a.m. ET, spot silver was down 15% to settle at around $98.66 per ounce — taking it back below the $100 milestone. Stock Chart IconStock chart iconSpot silverMeanwhile, spot gold shed 7% to tra ...
This is an 'EXPLOSIVE' outbreak of silver prices, Pan American Silver CEO says
Youtube· 2026-01-30 06:15
Industry Overview - Gold prices have increased approximately 24% year-to-date, while silver has surged nearly 60% since the beginning of the year, extending a 147% rise from the previous year [2][3] - The recent rally in precious metals has led to significant gains for mining companies, particularly Pan-American Silver, whose stock has skyrocketed 185% in the past year [3] Company Performance - Pan-American Silver expects to increase silver production to between 25 to 27 million ounces in the current year, up from 22.8 million ounces last year, alongside a planned production of 700,000 to 750,000 ounces of gold [5] - The company holds the largest reserves and resources of silver globally, with operations primarily in Latin America, particularly in Mexico and Peru [7] Market Dynamics - The demand for silver is driven by its industrial applications, particularly in electronics and energy production, as well as its role as a safe haven asset similar to gold [17][18] - Despite potential market corrections, the outlook for silver remains positive due to strong investor interest and industrial demand [15][18]
Hycroft Mining (HYMC) Loses 11.5% as Silver, Gold Fall From Record Highs
Yahoo Finance· 2026-01-30 03:44
We recently published 10 Stock Titans With Massive Losses. Hycroft Mining Holding Corp. (NASDAQ:HYMC) was one of the worst performers on Thursday. Hycroft dropped for a second day on Thursday, shedding 11.53 percent to close at $45.73 apiece as investors took path from the decline in prices of precious metals during the session. After hitting a series of record runs, spot prices of silver and gold both dropped by more than 1 percent during the session, a day after the Federal Reserve’s decision to keep i ...
DENARIUS METALS ANNOUNCES DETAILS FOR THE JANUARY 31, 2026 INTEREST PAYMENTS ON ITS CONVERTIBLE UNSECURED DEBENTURES AND THE FIRST GOLD PREMIUM PAYMENTS ON ITS 2023 DEBENTURES
Prnewswire· 2026-01-29 23:23
Core Viewpoint - Denarius Metals Corp. announced details regarding monthly interest payments and quarterly gold premiums due on January 31, 2026, for its convertible unsecured debentures, highlighting the company's ongoing financial obligations and performance in the precious metals sector [1][5]. Monthly Interest Payments - The company will issue shares on February 2, 2026, to settle monthly interest payments on its 2023 and 2024 Debentures, with a total principal amount of CA$34,158,874, resulting in 487,985 shares to be issued [2]. - The breakdown includes CA$19,886,560 for 2023 Debentures, leading to 284,094 shares, and CA$14,272,314 for 2024 Debentures, resulting in 203,891 shares [2]. Gold Premiums on 2023 Debentures - Starting January 31, 2026, the company will pay a quarterly gold premium on its 2023 Debentures when the London P.M. Fix exceeds US$1,800 per ounce [5]. - As of January 16, 2026, the gold premium rate is set at 30.556%, leading to gross premiums of CA$6,076,537, with 8,645,816 shares to be issued to settle the net amount of gold premiums [5]. - Insiders will receive a total of 889,225 common shares in settlement of the gold premiums payable on their respective holdings of 2023 Debentures [5]. Company Overview - Denarius Metals is a Canadian junior company focused on the acquisition, exploration, and development of precious metals and polymetallic mining projects in Colombia and Spain [7]. - The company is currently producing gold and silver at its 100%-owned Zancudo Project, with a processing plant expected to start operations by Q3 2026 [8]. - In Spain, Denarius holds interests in three projects, including the Aguablanca Project, recognized as a Strategic Project by the EU, and the Lomero and Toral Projects, which focus on critical minerals [10].