Precious Metals Mining
Search documents
Hecla (HL) Drops 5.5% on Weak 2026 Production Outlook
Yahoo Finance· 2026-01-28 15:30
We recently published 10 Big Names With Painful Declines. Hecla Mining Company (NYSE:HL) was one of the worst performers on Tuesday. Hecla Mining dropped its share prices by 5.54 percent on Tuesday to close at $28.31 apiece amid concerns about a weaker production outlook for 2026, which would have benefited from a strong gold and silver market environment. In a statement on Tuesday, Hecla Mining Company (NYSE:HL) announced projections of 15.1 million and 16.5 million ounces of consolidated silver produc ...
Andean Precious Metals Announces Closing of C$95.6 Million Bought Public Secondary Offering of Common Shares by PMB Partners
TMX Newsfile· 2026-01-28 13:46
Core Viewpoint - Andean Precious Metals Corp. has successfully closed a secondary offering of 9,102,250 common shares at a price of C$10.50 per share, generating total gross proceeds of C$95,573,625, aimed at increasing the company's free float and enhancing liquidity [1][3][6]. Summary by Sections Offering Details - The secondary offering was conducted publicly across all Canadian provinces and territories, excluding Québec and Nunavut, and included private placements to qualified institutional buyers in the U.S. and non-U.S. persons in other jurisdictions [2]. - The offering was led by National Bank Financial Inc. as the lead underwriter, with a syndicate of underwriters involved [3]. Shareholder Impact - Prior to the offering, the Selling Shareholder owned 79,718,750 common shares, representing approximately 53.22% of the total shares. Post-offering, this ownership decreased to 70,616,500 shares, or about 47.15% [7]. - The Selling Shareholder received C$10.50 per share for the total consideration of C$95,573,625 before commissions [6]. Capped Call Transactions - An affiliate of the Selling Shareholder entered into capped call option transactions with a financial institution, which will be net settled in cash, common shares, or a combination thereof [9]. - The average lower strike price of the capped calls is C$10.50, with a weighted average cap price of C$14.5006, covering 7,915,000 common shares [11]. Company Overview - Andean Precious Metals Corp. is focused on expanding its operations in top-tier jurisdictions in the Americas, owning and operating the San Bartolome processing facility in Bolivia and the Golden Queen mine in California [16].
Goliath Resources Selected for PDAC 2026 Core Shack, Session B
Globenewswire· 2026-01-28 13:28
Core Insights - Goliath Resources Limited has been selected to showcase its core at the PDAC 2026 convention, highlighting its new high-grade gold discovery, Surebet [1][3] - The Surebet discovery has shown a 100% hit rate in intersecting mineralization across all drilled holes, with significant gold recoveries of 92.2% [4][7] Company Overview - Goliath Resources is focused on the Golddigger Property in British Columbia's Golden Triangle, covering 91,518 hectares and located near significant gold mines [6][14] - The company has drilled over 150,000 meters since 2021, with a total of 110 holes awaiting assay results from its 2025 drill program [4][14] Infrastructure and Location - The Golddigger Property is strategically located near communities with existing infrastructure, including a permitted mill site and direct barge access to Prince Rupert [8][9] - Additional infrastructure includes proximity to the Dolly Varden Silver Mine Road and access to major transportation routes [9][10] Technical and Geological Aspects - The Surebet discovery features a structurally controlled mineralized system over a 1.8 km area, with desirable metallurgy showing no deleterious elements [4][7] - The property is situated within a highly prospective geological setting, close to the Red Line, which is a key marker for gold-copper-silver mineralization [6][14] Industry Context - PDAC 2026 is recognized as the world's premier mineral exploration and mining convention, attracting up to 30,000 attendees and featuring over 1,100 exhibitors [5] - Goliath Resources is an active supporter of CASERM, a research center aimed at advancing mining science and technology [11][14]
Asia Broadband Corporate Update 2026: Precious Metals Rally Fuels Growth Momentum
Globenewswire· 2026-01-28 13:00
Mining Operations Update - The Etzatlan Plant will resume production on February 02, 2026, after repairs and improvements following flooding that halted operations in October 2025 [1] - From May to September 2025, the Company processed 34,500 tons at an average of 300 tons per day, generating a gross profit of $2,292,570 USD [2] - A new long-term processing agreement for a gold and silver ore stockpile in Etzatlán, Mexico, is expected to exceed $1 billion in value, marking the largest asset addition in the Company's history [4] - The Tequila Joint Venture saw increased production in 2025 due to improved recoveries and reduced costs, with expectations to maintain similar production levels [5] Technology and Facility Updates - The Phase 2 expansion of the Etzatlan Plant is delayed to integrate new rGO technology, with completion expected by May 2026 [3] - The rGO technology pilot plant is being fabricated off-site, with commissioning and testing anticipated by the end of March 2026 [12] - Live streaming camera feeds for real-time access to the processing plant are expected to launch by February 28, 2026, enhancing transparency [13][14] Digital Assets Operations - The new AABB Wallet is ready for launch in early February, rebranded for better market adoption [16][17] - The AABBG Token has migrated to the Algorand blockchain, with a current price of $16.68 USD, reflecting a nearly 200% increase over 60 months [18][19][20] - A silver-backed token (AABBS) is set to launch on February 10, 2026, amid increased market interest in silver [21] Marketing and Community Engagement - A comprehensive 2026 Digital Assets Marketing Campaign with a budget of over $1,200,000 USD will promote the new wallet and tokens [22][23] - The NFT initiatives continue to engage the community through events and storytelling, with two books released to enhance brand value [26][29] Legal and Corporate Developments - The Company has filed a federal lawsuit against market makers for securities fraud, seeking $250 million in damages [31][32] - Plans to elevate listing status to the OTCQB Venture Market are underway, driven by investor demand for enhanced transparency [33][34] Commemorative Initiatives - A commemorative silver coin program is being developed to celebrate key milestones and engage investors [36][37][38]
Skeena Gold & Silver Secures the BC Mines Act Permit Following the Receipt of the Environmental Assessment Certificate for Eskay Creek
Globenewswire· 2026-01-28 11:00
Core Viewpoint - Skeena Resources Limited has received its British Columbia Mines Act Permit for the Eskay Creek Gold-Silver Project, marking a significant step towards commercial development and operation of the project [1][2]. Group 1: Regulatory Approvals - The B.C. Major Mines Act permit is part of a joint permitting application under the British Columbia Mines Act and Environmental Management Act, with the EMA application currently under review [2]. - The company expects to receive the final EMA permit in February 2026, which will allow for initial production at Eskay Creek in the second quarter of 2027 [2]. Group 2: Project Overview - Eskay Creek is a past-producing mine located in the Golden Triangle of British Columbia and is projected to be one of the highest-grade and lowest-cost open-pit precious metals mines globally, with significant silver by-product production [3]. - The company is committed to sustainable mining practices and aims to foster positive relationships with Indigenous communities while delivering long-term value [3].
Discovery Announces Details of Fourth Quarter and Full Year 2025 Results Conference Call and Webcast
Globenewswire· 2026-01-28 04:45
Core Viewpoint - Discovery Silver Corp. is set to release its financial and operating results for Q4 and the full year 2025 on February 19, 2026, before market opening, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - The financial and operating results will be released prior to market open on February 19, 2026 [1]. - A conference call to review the results will take place at 2:00 pm ET on the same day [1]. Group 2: Company Overview - Discovery Silver Corp. is a growing precious metals company focused on gold and silver, with significant exposure through its Cordero project, one of the largest undeveloped silver deposits globally [2]. - The acquisition of the Porcupine Complex on April 15, 2025, has positioned the company as a new Canadian gold producer with multiple operations in a renowned gold camp near Timmins, Ontario [2]. - The company holds a dominant land position within the Timmins gold camp, with substantial mineral resources and exploration potential [2].
Shareholders Overwhelmingly Support Plan of Arrangement with Coeur Mining
Prnewswire· 2026-01-27 22:00
Core Insights - New Gold Inc. shareholders overwhelmingly approved a plan of arrangement with Coeur Mining, with 99.22% voting in favor of the transaction [1] - The transaction involves Coeur Mining acquiring all outstanding common shares of New Gold, with shareholders receiving 0.4959 shares of Coeur for each New Gold share held [1] - The anticipated closing date for the transaction is in the first half of 2026, pending regulatory approvals and customary closing conditions [1] Shareholder Support - The voting results showed 476,065,996 votes for and 3,727,348 votes against the arrangement resolution among all shareholders [1] - Excluding certain minority security holders, the votes for the resolution were 475,775,946 for and 3,727,348 against, indicating strong support [1] Company Synergies - The merger is expected to create a new North American precious metals company, enhancing exploration potential and extending mine life [1] - The combined company will have approximately 62% of shares owned by Coeur shareholders and 38% by New Gold shareholders post-transaction [1] Regulatory and Closing Conditions - The transaction is subject to final approval from the Supreme Court of British Columbia and other regulatory approvals [1] - The completion of the transaction is contingent upon satisfying customary closing conditions typical for such mergers [1]
Carlton Precious Reports up to 6.7 g/t Gold and up to 493 g/t Silver From Rock Samples at the Dunfee Nevada Project
Globenewswire· 2026-01-27 18:42
TORONTO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Carlton Precious Inc. (TSX-V: CPI | OTCQB: CPIFF) (“Carlton” or the “Company”) is pleased to report results of a recent rock chip sampling program completed in late 2025 across the Dunfee gold and silver project in Nevada (“Dunfee” or the “Project”). A total of 35 rock chip samples were collected from mineralized vein structures and dumps with results of up to 6.7 g/t gold and silver assays of up to 493 g/t silver being returned. Eight of the 35 samples returned si ...
FTSE 100 Live: London stocks climb with HSBC taking crown as largest company
Proactiveinvestors NA· 2026-01-27 13:02
Market Overview - US stock futures are mixed, with Dow Jones futures down 0.5%, S&P 500 futures up 0.2%, and Nasdaq futures up 0.6% [1] - The Mag7 stocks' market cap share of the S&P 500 has decreased from 33% to 31% over the past two months, indicating a healthy development in the market [2] - Analysts express optimism for a potential surge in big tech stocks like Microsoft, Meta, Tesla, and Apple in the upcoming earnings reports [3] Currency and Commodities - The US dollar is weakening, with the DXY index reaching a four-month low, leading to increased interest in gold and the Swiss Franc as safe havens [4] - Deutsche Bank analysts suggest that gold could rise to $6,000 per ounce due to higher geopolitical volatility and increased demand for non-dollar assets [11][13] - European gold ETFs have attracted over €2 billion in net inflows since the beginning of the year, reflecting investor unease amid rising geopolitical tensions [22] UK Housing Market - The UK government announced a cap on annual ground rents at £250 for the first 40 years of a lease, which is not expected to significantly impact the lettings agency sector [5][7] - Analysts believe this policy aligns with the government's trend towards a more regulated housing market, favoring consumers [6] - The insurance industry has expressed concerns about the implications of retrospective changes to property rights, which could affect investor confidence in the UK market [10][11] Company Updates - HSBC has become the largest company in the FTSE 100, with a 2.8% surge attributed to positive developments in China's industrial profits [15][17] - Dr Martens reported a revenue decline of 3.1%, falling short of expectations, while still aiming for significant profit growth in the current financial year [33][39] - Burberry shares rose 1.5% after Barclays upgraded the stock, citing a successful turnaround strategy [20][21] Trade Developments - The EU and India have agreed on a significant trade deal, expected to cut tariffs on over 90% of EU goods exports, potentially boosting exports by €20-30 billion annually [41][42]
Aya Gold & Silver Provides 2026 Outlook and Strategic Priorities
Globenewswire· 2026-01-27 12:00
Focus on Optimizing Zgounder Silver Mine and Accelerating the Boumadine Polymetallic ProjectMONTREAL, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to provide its 2026 outlook and present the Corporation’s key operational and strategic priorities that will guide execution in the coming year. All amounts are in U.S. dollars unless otherwise indicated. Highlights 2026 Outlook Total production: 6.2 to 6.8 million silver-equivalent1 ou ...