Precious Metals Mining

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Chalice Mining (CGML.F) Earnings Call Presentation
2025-07-23 23:00
Developing the Leading Palladium -Nickel -Copper Project in the Western World For personal use only July 2025 ASX:CHN ASX:CHN Chalice Mining is a leading critical minerals explorer and developer in the world's top mining Jurisdiction – Western Australia For personal use only Our Asset Gonneville is the largest palladium-nickel-copper resource in the Western world, a 17Moz 3E PGE, 960kt Ni, 540kt Cu, and 96kt Co open-pit project Development Pathway Project redesign with simplified flowsheet, adapting to low ...
Dundee Precious Metals Announces Filing of Management Information Circular for Acquisition of Adriatic Metals & Name Change
Globenewswire· 2025-07-23 21:00
Core Viewpoint - Dundee Precious Metals Inc. (DPM) is seeking shareholder approval for the acquisition of Adriatic Metals plc and a name change to DPM Metals Inc. to enhance its corporate identity and growth potential [1][3][7]. Group 1: Acquisition Details - DPM has filed management information circulars for a special meeting on August 13, 2025, to approve the issuance of common shares for the acquisition of Adriatic Metals plc [1]. - The acquisition includes Adriatic's Vareš operation, a producing silver-lead-zinc-gold underground mine, which is expected to enhance DPM's high-margin asset portfolio [5][6]. Group 2: Strategic Rationale - The DPM Board believes the acquisition will create value through operational synergies and improved financial flexibility, supporting growth initiatives post-transaction [8][9]. - The Combined Company is anticipated to have a strong balance sheet and significant free cash flow, enabling optimized capital allocation across its mining assets in Bulgaria, Serbia, Ecuador, and Bosnia and Herzegovina [13]. Group 3: Management and Governance - The DPM Board, advised by BMO Capital Markets, considers the transaction to be in the best interest of DPM and fair from a financial perspective, recommending shareholders vote in favor of the share issuance resolution [6][8]. - The transaction is expected to enhance DPM's ability to develop its Čoka Rakita Project in Serbia by integrating experienced personnel from Adriatic [13]. Group 4: Name Change and Market Position - The proposed name change to DPM Metals Inc. aims to better reflect the company's focus on precious metals and improve its market profile [3][7]. - The transaction is expected to increase scale and liquidity, enhancing market relevance and potentially leading to a re-rating of DPM's common shares [13].
Avino Silver Q2 Silver-Equivalent Production Increases 5% Y/Y
ZACKS· 2025-07-23 16:20
Avino Silver's Other Updates The company has started drilling at the Avino Mine in April 2025 with a plan for nine holes to test the vein extension at depth, and it deployed a second drill at La Preciosa to confirm prior results. The data gathered will be used for underground mine planning. As of June 30, 2025, Avino Silver had around $37 million of cash in hand. It remains debt-free as of the end of second-quarter 2025. The Zacks Consensus Estimate of the company's second-quarter revenues is pegged at $18. ...
MAG Announces Second Quarter 2025 Production From Juanicipio
Globenewswire· 2025-07-23 10:50
Core Viewpoint - MAG Silver Corp. reported strong operational performance at the Juanicipio mine for Q2 2025, despite a tragic safety incident that occurred in July, emphasizing the importance of safety in operations [2][3]. Production Performance - The Juanicipio plant processed 343 thousand tonnes of ore in Q2 2025, a slight increase of 1.6% from Q1 2025 and consistent with its nameplate capacity of 4,000 tonnes per day [5]. - Silver head grade averaged 417 grams per tonne (g/t) in Q2 2025, maintaining the top end of the 2025 guidance, while year-to-date silver head grade is 423 g/t [5]. - Preliminary Q2 production included 4.3 million ounces of silver and 10,465 ounces of gold, with lead and zinc production increasing by 9% and 21% quarter-over-quarter, respectively [5]. Year-to-Date Performance - For the first half of 2025, production totaled 8.8 million ounces of silver and 20,663 ounces of gold, positioning Juanicipio well to meet its full-year production guidance [5]. - The company reported a 2.6% increase in gold production compared to Q1 2025 and a 7.7% increase compared to H1 2024 [3][5]. Safety and Incident Response - A tragic fatality occurred at the Juanicipio site in July, prompting a full investigation and a renewed commitment to safety protocols [2][3]. - The company, in collaboration with Fresnillo, is providing support to affected families and reinforcing the importance of a safety culture [2][3]. Future Outlook - Comprehensive financial and operational results are expected to be released on August 11, 2025, indicating ongoing transparency and commitment to stakeholders [5].
G Mining Ventures Provides Update on Gurupi Project Licensing Process in Brazil Following Court Ruling
Prnewswire· 2025-07-23 10:30
BROSSARD, QC, July 23, 2025 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that a recent ruling by the 8th Federal Environmental and Agrarian Court of the Judicial Section of Maranhão (the "Court") has provided regulatory clarity for the advancement of the Gurupi Gold Project ("Gurupi" or the "Project") in Brazil. This decision brings Public Civil Action No. 0047389-17.2013.4.01.3700—open since 2013—to a close, resolving a longstanding ...
Newlox Gold Announces Private Placement
Thenewswire· 2025-07-23 02:50
Core Points - Newlox Gold Ventures Corp. plans to raise up to $2,000,000 through a non-brokered private placement of up to 28,571,429 units at a price of $0.07 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of a share at $0.12 for 36 months [2] - Insiders are participating in the private placement for a total of $585,000, with specific amounts from Mr. Dent ($140,000), Mr. Benevides ($420,000), and Mr. MacKay ($25,000) [3] - The participation of insiders is considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [4] - Proceeds from the private placement will fund current operations in Costa Rica and general working capital, subject to regulatory approvals [5] - Newlox Gold Ventures Corp. focuses on recovering gold and silver from artisanal mining operations in Latin America, utilizing technology for metal recovery and environmental remediation [6]
Aeris Resources (1ZN) Earnings Call Presentation
2025-07-23 00:00
FY25 Performance & FY26 Guidance - Aeris Resources' FY25 copper production was 24.9kt, gold production was 55.2koz, and silver production was 185.2koz [20] - FY25 copper equivalent production reached 42.1kt [20, 24] - The company's FY25 cash from operations was $138 million, with cash and receivables at $49.5 million [24] - FY26 copper equivalent production is guided between 40kt and 49kt [30] - FY26 copper production is projected to be between 24kt and 29kt, gold production between 44koz and 56koz, and silver production between 240koz and 293koz [31] Financial & Operational Strategy - The company plans to repay debt by August 2026 through asset sales and potentially hedging strategies [27] - Mine operating costs for FY26 are estimated between $302 million and $369 million, with sustaining capital between $57 million and $70 million [30] - Growth capital for FY26 is projected between $65 million and $80 million, and exploration expenses between $18 million and $23 million [30] - Tritton is targeting a 37% increase in copper production in FY26, with production guided between 24kt and 29kt [33, 61, 65] - Cracow's FY26 gold production is guided between 36koz and 46koz, a 9% decrease compared to the previous year [36, 82] Exploration & Development - The company is increasing its exploration spending in FY26, with a focus on resource extensions and greenfield exploration at Tritton and Cracow [39, 94] - Approximately 80,000 meters of underground diamond drilling is planned at Tritton in FY26 [39] - A $3.1 million exploration program is planned for Jaguar in FY26, targeting 8 high-priority base metals drill targets [50]
Nord Announces Revocation of MCTO
Thenewswire· 2025-07-22 23:10
Core Points - The British Columbia Securities Commission has revoked the management cease trade order (MCTO) for Nord Precious Metals Mining Inc. effective July 22, 2025, allowing management to trade the company's securities again [1][2] - The company successfully filed its annual audited financial statements for the year ended December 31, 2024, and interim financial statements for the three months ended March 31, 2025, which were prerequisites for the MCTO revocation [1][2] Company Overview - Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, focusing on high-grade silver discovery and strategic metals recovery [4] - The flagship Castle property covers 63 square kilometers and includes the past-producing Castle Mine, with drilling delineating 7.56 million ounces of silver in inferred resources at an average grade of 8,582 g/t Ag (250.2 oz/ton) [4] - The company's integrated processing strategy enhances the economics of extracting critical minerals such as cobalt and nickel, utilizing a proprietary Re-2Ox hydrometallurgical process for producing technical-grade cobalt sulfate and nickel-manganese-cobalt formulations [5] Strategic Positioning - Nord maintains a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project, which spans 260 square kilometers near Cochrane, Ontario [6]
Western Exploration Mobilizes for 2025 Drill Program at Wood Gulch
Newsfile· 2025-07-22 11:30
Western Exploration Mobilizes for 2025 Drill Program at Wood GulchTargeting Bonanza-Grade Gold-Silver Zones at Aura Project, NevadaJuly 22, 2025 7:30 AM EDT | Source: Western Exploration Inc.Reno, Nevada--(Newsfile Corp. - July 22, 2025) - Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) (the "Company" or "Western Exploration") is pleased to announce that the Company has officially mobilized crews and equipment to the Wood Gulch target at its flagship, 100% owned Aura Project, located 80km ...
NOVAGOLD Announces Appointment of New Director
GlobeNewswire News Room· 2025-07-21 23:40
Company Overview - NOVAGOLD RESOURCES INC. has appointed Ali Erfan to its Board of Directors, filling the vacancy left by Diane Garrett's departure [1][2] - Ali Erfan is a long-standing Vice-Chairman of The Electrum Group, which is NOVAGOLD's largest shareholder and a leader in precious metals mining [2] - The company is focused on the development of the Donlin Gold project in Alaska, which is recognized as one of the largest and highest-grade open-pit gold deposits globally [4] Board Member Background - Mr. Erfan has extensive experience in capital markets and has been with Electrum since 2007, contributing to significant investments in the mining sector [2] - He was a founding board member of Leor Energy, which was sold to Encana for $2.6 billion in 2007 [2] - His previous roles include being a senior partner at 3i Group plc and involvement in several early-stage technology companies that achieved successful IPOs and M&A exits [3] Donlin Gold Project Details - The Donlin Gold project has approximately 39 million ounces of gold in the Measured and Indicated Mineral Resource categories, with Proven and Probable Mineral Reserves of 541 million tonnes at an average grade of approximately 2.24 grams per tonne [4][7] - Once in production, the project is expected to produce over one million ounces of gold annually over a mine life of 27 years [4] - The project possesses Proven Reserves of approximately 8 million tonnes grading 2.32 grams per tonne and Probable Reserves of approximately 497 million tonnes grading 2.08 grams per tonne [8]