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Buenaventura Announces Third Quarter and Nine-month 2025 Results
Businesswire· 2025-10-30 22:26
Core Insights - Compañia de Minas Buenaventura S.A.A. is Peru's largest publicly-traded precious metals mining company, and it announced its financial results for the third quarter and nine-month period ended September 30, 2025 [1] Financial Performance - The financial results have been prepared in accordance with IFRS on a non-GAAP basis and are stated in U.S. dollars [1]
Mayfair Gold to Participate in New Orleans Investment Conference
Prnewswire· 2025-10-30 21:31
Group 1 - Mayfair Gold Corp. will participate in the 51st Annual New Orleans Investment Conference from November 2-5, 2025, with CEO Nicholas Campbell presenting on November 3rd [1] - The conference is known for gathering successful analysts, newsletter writers, and investors [1] - Mayfair Gold is focused on advancing its 100%-owned Fenn-Gib gold project located in Northern Ontario [2] Group 2 - The Fenn-Gib gold deposit has an Indicated Resource of 181.3 million tonnes grading 0.74 grams per tonne of gold, equating to 4.3 million contained gold [2] - The company aims to transition into a new Canadian gold producer by advancing through the Ontario Provincial permitting process [2]
/C O R R E C T I O N -- NetworkNewsWire/
Prnewswire· 2025-10-30 20:22
Core Insights - The precious metals market, particularly gold and silver, is experiencing a significant upward trend driven by inflation, geopolitical instability, central bank accumulation, and supply constraints, presenting growth potential for mining companies [1][4][26] - LaFleur Minerals Inc. is positioned as a compelling investment opportunity due to its transition from exploration to production, owning a fully permitted gold-processing mill and an advanced exploration project [1][6][19] Industry Overview - The mining sector is benefiting from a resilient upswing in gold and silver prices, attracting investors seeking a hedge against economic downturns and inflation [3][4] - Companies with existing operations in stable jurisdictions are particularly appealing, as they combine tangible asset value with exposure to rising metal prices [5][22] LaFleur Minerals' Strategy - LaFleur Minerals is advancing its shift from explorer to near-term gold producer, focusing on restarting the Beacon Gold Mill, which is fully permitted and modernized [8][21] - The company plans to process ore from its Swanson Gold Deposit, with a Preliminary Economic Assessment (PEA) underway to evaluate the feasibility of an open-pit mining scenario [8][9][24] Key Assets and Developments - LaFleur's Swanson Gold Project has a current Mineral Resource Estimate of 123.4 koz Au Indicated and 64.5 koz Au Inferred, with ambitions to expand toward a million-ounce target [12][13] - The Beacon Gold Mill, with a processing capacity of 750 tonnes per day, underwent a C$20 million refurbishment and is positioned for a restart in Q4 2025 [10][18][21] Financial and Operational Readiness - LaFleur has budgeted C$5–6 million for mill upgrades, with a clear plan for operational ramp-up in early 2026 [21][23] - The company is also assessing a bulk sample of approximately 100,000 tonnes from the Swanson Project, expected to yield around 6,350 ounces of gold, enhancing its near-term production metrics [24][25]
Magma Silver Niñobamba Phase 2 Work Program Results
Newsfile· 2025-10-30 15:00
Core Insights - Magma Silver Corp. has provided an update on its Q3 work program for the Niñobamba silver-gold project in Peru, focusing on the Joramina and Randypata properties [1][3] - The exploration program aims to validate previous results and design a new drilling program, with initial findings confirming and exceeding historical data [3][10] Exploration Program Details - The Niñobamba project encompasses three properties totaling 4,100 hectares: Joramina, Randypata, and Ninobamba Main [3] - The Q3 work program included sampling and geological mapping, with a focus on the Joramina and Randypata Zones [3][6] - Phase 2 involved a 10-day field campaign, with 31 samples taken from the Joramina drift, yielding significant gold and silver results [5][6] Sampling Results - Drift sampling on the Joramina zone returned 10 meters of 2.32 grams Au/tonne and a 5-meter composite returning 4.085 ounces Ag/tonne [6][7] - Additional sampling near the drift showed 0.70 meters of 17.41 grams Au/tonne and 13.94 ounces Ag/tonne [8] - The Randypata zone yielded a random composite grab sample of 0.20 grams Au/tonne and 8.55 ounces Ag/tonne from a historic 2-kilometer silver anomaly [9] Future Plans - The company plans to design a new drill program to test the gold-silver mineralized structures with an optimal drill direction based on the findings [10] - A total of 70 samples were collected during Phase 2, with analyses conducted by an independent lab for quality control [11] Company Overview - Magma Silver Corp. is focused on exploring and developing precious metal mining projects, particularly the Niñobamba project in Peru, which spans an 8 km mineralized corridor [13] - The company has invested over C$14.5 million in the project to date, leveraging modern geological modeling and strong community relationships [13]
Coeur Mining(CDE) - 2025 Q3 - Earnings Call Presentation
2025-10-30 15:00
Financial Highlights - The company achieved record quarterly net income, free cash flow, and adjusted EBITDA [8] - The company's cash balance more than doubled, reaching $266 million [29] - The net leverage ratio decreased to 01x [9, 29] - Approximately 10% of the $75 million share repurchase program has been completed [10] Production and Operations - Record quarterly production was supported by solid cost performance [7] - Las Chispas is outperforming expectations, and its integration is now complete [11] - The company increased its full-year EBITDA and FCF targets while refining guidance ranges [11] - Silver production was 4756K oz [16] Financial Performance Metrics - Revenue increased by 15% quarter-over-quarter to $5546 million [30] - Net income increased by 277% quarter-over-quarter to $2668 million [30] - Free cash flow increased by 29% quarter-over-quarter to $1887 million [30] - Adjusted EBITDA increased by 23% quarter-over-quarter to $2991 million [30]
Fortuna intersects 7.3 g/t Au over 16.1 meters and defines second underground shoot at Sunbird, Séguéla Mine, Côte d'Ivoire
Globenewswire· 2025-10-30 09:00
Core Insights - Fortuna Mining Corp. has reported successful exploration drilling results at the Sunbird Deposit, located at the Séguéla Mine in Côte d'Ivoire, indicating potential for resource growth and mine life extension [1][2]. Drilling Results - Recent drilling has extended high-grade mineralization at depth, confirming the development of a second underground shoot [1][2]. - Significant intersections include: - 5.2 g/t Au over an estimated true width of 6.3 meters from 787 meters in drill hole SGRD2460 [2]. - 6.0 g/t Au over an estimated true width of 11.9 meters from 669 meters in drill hole SGRD2461 [2][5]. - 7.3 g/t Au over an estimated true width of 16.1 meters from 688 meters in drill hole SGRD2434 [3]. - 19.2 g/t Au over an estimated true width of 1.4 meters from 688 meters in drill hole SGRD2434 [3]. - 57.9 g/t Au over an estimated true width of 0.7 meters from 702 meters in drill hole SGRD2434 [3]. - A total of 40 drill holes, totaling 15,088 meters, have been completed as part of the underground resource confidence infill and extension program [3][4]. Mineralization Potential - The mineralization remains open at depth and along strike, with ongoing drilling expected to continue through the end of 2025 [6]. - The main shoot's mineralization now extends more than 1.3 kilometers down plunge, approximately 700 meters below the surface [4]. - The second high-grade shoot has been identified extending at least 900 meters down plunge from the pit base [5]. Future Plans - An underground study has been initiated to further assess the high-grade strike defined below Sunbird, with five drill rigs continuing to advance drilling efforts [2][4].
Fortuna intersects 7.3 g/t Au over 16.1 meters and defines second underground shoot at Sunbird, Séguéla Mine, Côte d’Ivoire
Globenewswire· 2025-10-30 09:00
Core Viewpoint - Fortuna Mining Corp. has reported successful exploration drilling results at the Sunbird Deposit in Côte d'Ivoire, indicating potential for resource growth and mine life extension through the discovery of high-grade mineralization at depth and the development of a second underground shoot [1][2]. Exploration Results - Recent drilling has extended the central mineralized zone by 150 meters down plunge, with significant intersections including 5.2 g/t Au over 6.3 meters from 787 meters in drill hole SGRD2460 [2][4]. - The lower shoot has been extended by 200 meters down plunge, with highlights including 6.0 g/t Au over 11.9 meters from 669 meters in drill hole SGRD2461 [2][5]. - A total of 40 drill holes, amounting to 15,088 meters, have been completed as part of the underground resource confidence infill and extension program [3]. High-Grade Intersections - Notable drill results include: - SGRD2434: 7.3 g/t Au over 16.1 meters from 688 meters, including 19.2 g/t Au over 1.4 meters [3]. - SGRD2444: 8.3 g/t Au over 11.9 meters from 448 meters [3]. - SGRD2452: 9.0 g/t Au over 5.6 meters from 658 meters, including 25.0 g/t Au over 1.4 meters [3]. - SGRD2460: 5.2 g/t Au over 6.3 meters from 787 meters [4]. - SGRD2461: 6.0 g/t Au over 11.9 meters from 669 meters [5]. - SGRD2470: 15.6 g/t Au over 5.6 meters from 483 meters [3]. Future Plans - The company has initiated an underground study to further assess the high-grade mineralization, with five drill rigs continuing to advance drilling aimed at expanding the mineralized envelope [2][5].
Advance Metals Consolidates Mexican Portfolio with Guadalupe y Calvo Acquisition in Transformational Quarter
Small Caps· 2025-10-30 05:27
Core Insights - Advance Metals has completed a significant acquisition of the high-grade Guadalupe y Calvo gold-silver project in Mexico, increasing its total silver equivalent endowment to over 100 million ounces across three projects [1][2] Acquisition and Project Development - The acquisition of the Guadalupe y Calvo project is described as "transformational" for Advance, providing scale, grade, and growth potential in a recognized mining district [2] - The project encompasses ten concessions over 27.5 square kilometers in the Sierra Madre Occidental volcanic belt [2] - Historical drilling in the project area exceeds 86,000 meters, with an estimated 9.5 million tonnes at 2.7 grams per tonne gold equivalent and 198 grams per tonne silver equivalent, totaling 816,000 ounces of gold equivalent and 60.6 million ounces of silver equivalent [3] Exploration Activities - Advance is advancing government and community approvals for an extensive exploration and drilling program to expand the Rosario and Nankin vein systems [3] - The company completed a 3,111-meter diamond drilling program at the Yoquivo silver-gold project, confirming multiple high-grade mineralization zones, with notable intercepts including 7.6 meters at 116 grams per tonne silver equivalent [4] - New regional mapping has identified previously unmapped vein systems, with rock chip samples grading up to 1,594 grams per tonne silver equivalent [5] Additional Acquisitions - Advance finalized the acquisition of the Gavilanes silver project, which has an estimated 2.83 million tonnes at 245.6 grams per tonne silver equivalent, equating to 22.4 million ounces of contained silver equivalent [6] - Preparations are underway for an exploration campaign to test known vein extensions and investigate additional mineralized zones [7] High-Grade Results - At the Myrtleford gold project in Victoria, drilling at the Happy Valley prospect returned significant gold intersections, including 9.4 meters at 18.6 grams per tonne gold [8] - Re-analysis of earlier holes upgraded two high-grade intervals by up to 29% [8] - The company confirmed the vertical extent of the high-grade system to over 500 meters with visible gold logged in a new hole [9] Corporate Developments - Advance secured $13 million in new funding through a two-tranche placement, ensuring full funding for ongoing exploration in Mexico and Victoria [10] - The company appointed David O'Connor as non-executive chair and established a Mexican advisory board to guide the development of its Latin American assets [11]
Denarius Metals Announces Details for the October 31, 2025 Interest Payments on Its Convertible Unsecured Debentures
Newsfile· 2025-10-29 21:00
Core Points - Denarius Metals Corp. announced details regarding the interest payments due on October 31, 2025, for its convertible unsecured debentures, specifically the 2023 Debentures and 2024 Debentures [1][2]. Group 1: Interest Payment Details - The total principal amount of the 2023 Debentures is CA$19,886,560, with an interest payment of CA$198,866, resulting in the issuance of 361,572 shares at a rate of 0.018182 shares per CA$1.00 of principal [2]. - The total principal amount of the 2024 Debentures is CA$14,272,314, with an interest payment of CA$142,723, resulting in the issuance of 259,496 shares at the same rate of 0.018182 shares per CA$1.00 of principal [2]. - The combined total for both debentures amounts to CA$34,158,874 in principal and CA$341,589 in interest, leading to the issuance of a total of 621,068 shares [2]. Group 2: Company Overview - Denarius Metals is a Canadian junior mining company focused on the acquisition, exploration, development, and operation of precious metals and polymetallic mining projects in Colombia and Spain [5]. - The company commenced mining operations at its 100%-owned Zancudo Project in Colombia in Q2 2025, which is a high-grade gold-silver deposit [6]. - In Spain, Denarius Metals has interests in three projects, including the Aguablanca Project, recognized by the EU as a Strategic Project, and holds a 100% interest in both the Lomero Project and the Toral Project [8].
Is Equinox Gold (EQX) One of the Most Buzzing Stocks to Buy with Huge Upside Potential?
Yahoo Finance· 2025-10-29 15:57
Group 1 - Equinox Gold Corp. is recognized as a stock with significant upside potential, receiving a Buy rating from RBC Capital and an upgrade to Outperformer from CIBC with a price target of C$22 [1][2] - CIBC's upgrade reflects a broader increase in price targets within the precious metals sector, driven by higher gold price forecasts, projecting gold to reach $4,500 per ounce in 2026 and 2027, and silver to hit $55 per ounce in the same years [2] - Equinox Gold primarily focuses on acquiring, exploring, developing, and operating mineral properties in the Americas, with a concentration on gold and silver deposits [3]