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DENARIUS METALS ANNOUNCES DETAILS FOR THE FEBRUARY 28, 2026 INTEREST PAYMENTS ON ITS CONVERTIBLE UNSECURED DEBENTURES
Prnewswire· 2026-02-26 22:20
DENARIUS METALS ANNOUNCES DETAILS FOR THE FEBRUARY 28, 2026 INTEREST PAYMENTS ON ITS CONVERTIBLE UNSECURED DEBENTURES [Accessibility Statement] Skip NavigationTORONTO, Feb. 26, 2026 /PRNewswire/ - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today the details for the forthcoming monthly interest payments due on February 28, 2026 on its convertible unsecured debentures due October 19, 2029 (the "2023 Debentures") and May 30, 2030 (the "2024 Debentures"). ...
Can First Majestic's Higher Silver Production Boost Its Long-Term Growth?
ZACKS· 2026-02-26 16:36
Key Takeaways First Majestic produced 7.8M AgEq ounces in Q4, up 37% year over year.AG added 2.09M AgEq ounces from Cerro Los Gatos after the Gatos Silver buy.First Majestic met 2025 outlook with 31.1M AgEq ounces and record Mexico output.First Majestic Silver Corp. (AG) is benefiting from strong growth in silver production, supported by higher prices. In fourth-quarter 2025, the company produced 7.8 million silver-equivalent (AgEq) ounces, reflecting an increase of 37% year over year.The major driver behin ...
CDE vs. ERO: Which Mining Stock is the Better Buy Now?
ZACKS· 2026-02-26 15:35
Core Viewpoint - Coeur Mining, Inc. (CDE) and Ero Copper Corp. (ERO) are benefiting from a favorable macro environment characterized by high gold prices driven by safe-haven demand, central bank purchases, and strong investment inflows, enhancing pricing and cash flow visibility [1]. Coeur Mining (CDE) - CDE produced approximately 112,429 ounces of gold and 4.7 million ounces of silver in Q4 2025, an increase from 87,149 ounces and 3.2 million ounces in the same quarter the previous year, indicating improved operational execution [3]. - Key mines such as Las Chispas, Palmarejo, Rochester, Kensington, and Wharf contributed significantly to production, with Las Chispas delivering 14,719 ounces of gold and 1.4 million ounces of silver, and Rochester contributing nearly 17,000 ounces of gold and 1.7 million ounces of silver [4][5]. - CDE's cash and cash equivalents reached $554 million at the end of December 2025, up by $55 million year-over-year, while total debt decreased to approximately $341 million from $590 million [7]. - The company is expected to enhance revenue visibility and support margin expansion due to higher output amid favorable metal prices [7]. Ero Copper (ERO) - ERO achieved record consolidated copper production of 19,706 tons in Q4 2025, a significant increase from 12,883 tons in Q4 2024, driven by improved mill throughput and operational stability [8]. - Gold production totaled 28,836 ounces, reflecting a strong year-over-year increase due to enhanced by-product output and processing performance [9]. - ERO's cash and cash equivalents were $66 million at the end of September 2025, with long-term debt at $571 million [13]. - The company is advancing key expansion projects, including the Furnas copper-gold project, which outlines a 24-year initial mine life with an average annual production of approximately 108,000 tons of copper equivalent over the first 15 years [12]. Price Performance & Valuation - CDE stock has surged 389.8% over the past year, while ERO has increased by 186.4% [17]. - CDE is trading at a forward 12-month earnings multiple of 12.17X, compared to ERO's 7.92X [18]. - The Zacks Consensus Estimate for CDE's 2026 sales implies a year-over-year growth of 120%, while ERO's estimates suggest a 46% increase [19][24]. Investment Considerations - CDE offers stable, cash-generative growth with a strong balance sheet and low debt, supported by operational improvements across multiple mines [26]. - ERO presents higher growth potential driven by record production and long-term projects, although it carries higher leverage and smaller cash reserves [26]. - Holding both stocks allows investors to balance stability and predictable cash flow from CDE with the growth and copper exposure from ERO [27].
Star Gold Corp (SRGZ) Announces Closing of $3.68 Million Non‑Brokered Private Placement
Prnewswire· 2026-02-26 15:00
Star Gold Corp (SRGZ) Announces Closing of $3.68 Million NonBrokered Private Placement [Accessibility Statement] Skip NavigationCOEUR D'ALENE, Idaho, Feb. 26, 2026 /PRNewswire/ -- Star Gold Corp. (OTC: SRGZ) ("Star Gold" or the "Company") today announced the closing of a nonbrokered private placement offering (the "Offering") of 91.95 million units (the "Units") at a price of US $0.04 per Unit for gross proceeds of up to $US 3.68M.Each Unit consists of (i) one share of (1) common stock of the Company (a "Sh ...
Nicola Mining Ramps Up Production of High Grade Gold and Silver Concentrate
TMX Newsfile· 2026-02-26 14:00
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the "Company" or "Nicola Mining") is pleased to report a material increase in throughput of high-grade gold and silver mill feed sourced from its partnership with Blue Lagoon Resources (CSE: BLLG) at the Dome Mountain Gold Project.High-grade gold and silver material is being processed at Nicola's fully permitted Merritt Mill, where the Company has transitioned from gravity & flotat ...
Pinnacle Provides Project Update for El Potrero as it Advances Towards a Production Decision
Thenewswire· 2026-02-26 13:30
Core Viewpoint - Pinnacle Silver and Gold Corp. is making significant progress on the El Potrero Project in Durango, Mexico, aiming to reach a production decision as soon as possible [2]. Project Development - The company has completed extensive underground and surface channel sampling and 3D modeling, allowing for the rehabilitation of historic mine workings on the Dos de Mayo vein trend [3]. - Underground delineation drilling is set to begin after the preparation of drill stations, with surface drilling permits applied for and a second round of metallurgical testing underway [4][6]. - A feasibility study for extending the powerline has been commissioned, and a new access agreement has been signed with the local community [4][5]. Drilling and Rehabilitation - Over 800 systematic channel samples have been taken, providing a clear understanding of the principal mineralized zones [5]. - The rehabilitation work will enhance access adits and drill stations, ensuring safety and efficiency [5][6]. - The drilling program is divided into two phases, with priority given to Phase I to expedite the process [6]. Metallurgical Testing - The first round of metallurgical tests achieved an average gold recovery of 95.1%, with ongoing tests aimed at optimizing these results [4][10]. - Recent head assays returned 7.7 g/t Au and 116 g/t Ag, indicating strong potential for future operations [11]. - Advanced mineralogical examinations are being conducted to improve processing efficiency [12]. Community Engagement - A community agreement has been established with Ejido El Carmen, supporting the project and ensuring local collaboration [15]. - The community has shown strong support for the project, recognizing the economic benefits of an operational mine [15]. Permitting and Regulatory Compliance - An application for the environmental permit for surface drilling has been submitted, with expectations for approval within 60-90 days [9]. - The company is also awaiting formal notification regarding a water permit, which is crucial for project advancement [9]. Future Outlook - The company anticipates making a production decision by the end of the year, with ongoing work to de-risk the project [4][16]. - Regular updates will be provided as the project progresses [16].
Newlox Gold Announces Amendment of Convertible Debentures and Warrants
Thenewswire· 2026-02-26 13:20
  February 26, 2026 – TheNewswire - Vancouver, British Colombia – Newlox Gold Ventures Corp. (CSE:LUX) (Pink:NWLXF) (the “Corporation”) announces that that it intends amend the terms of an aggregate of $564,000 convertible debentures (the “Debentures”) and 3,760,000 common share purchase warrants (the “Warrants”) issued under a previous non-brokered private placement completed on February 28, 2024.  Convertible Debentures The Corporation will extend the maturity dates for an additional twenty-four months f ...
Rio2 Limited (RIO:CA) Presents at 35th BMO Global Metals, Mining & Critical Minerals Conference Prepared Remarks Transcript
Seeking Alpha· 2026-02-25 15:57
PresentationGood morning again, ladies and gentlemen. The next company to present is Rio2. They're a diversified precious metals and copper producer, who's currently producing gold at its Fenix Gold heap leach mine in Chile and copper, gold and silver at its recently acquired Condestable underground mine in Peru. Presenting on behalf of the company today is President, CEO and Director and Executive Chairman, I guess, Alex Black. We'll go with that.Alexander BlackExecutive Chairman Thanks a lot. Just 2 ackno ...
Lion One Announces CEO Appointment, Arete Transaction Update, and Credit Facility Update
TMX Newsfile· 2026-02-25 13:15
Core Viewpoint - Lion One Metals Limited has appointed Campbell Olsen as Chief Executive Officer and Director, aiming to enhance shareholder value and stabilize the company's operations amid ongoing financial challenges [1][4]. Management Changes - Campbell Olsen brings extensive experience in investment and operational management within the mining industry, having worked with Nomura Jafco and Advent International [2][3]. - The company's board now includes Walter Berukoff (Chairman), Richard Meli, Todd Romaine, David Anderson, and Campbell Olsen [4]. Arete Capital Transaction - The proposed $15 million equity investment from Arete Capital is still under review by the TSX Venture Exchange, with Campbell Olsen appointed as CEO prior to the transaction's completion to comply with TSXV rules [5][6]. Financial Challenges - Lion One has received a notice from Nebari Collateral Agent, LLC indicating an event of default under its senior secured loan facility, effective January 31, 2026 [7]. - The notice cites non-financial covenants and a "Material Adverse Effect," leading to an increase in the interest rate margin effective February 20, 2026 [8]. - The company is actively discussing with Nebari to stabilize its financing arrangements [9]. Other Updates - Lion One has terminated a service agreement with Couloir Capital regarding market research [10].
Fortuna intersects 6.0 g/t gold over 24.1 meters at Southern Arc, Diamba Sud Project, Senegal
Globenewswire· 2026-02-25 10:00
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report the latest batch of exploration drilling results from the Southern Arc deposit at its Diamba Sud Gold Project located in Senegal. A further 44 reverse circulation and diamond drill holes, totalling 7,518 meters, have been completed at Southern Arc since the previous exploration results update in December 2025 and were incorporated into the expanded Diamba Sud mineral resource (refe ...