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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]
Mayfair Gold Announces Filing of Annual Information Form
Prnewswire· 2025-10-29 11:00
Core Insights - Mayfair Gold Corp. has filed its Annual Information Form (AIF) for the year ended December 31, 2024, which is available on its website and SEDAR+ [1] Company Overview - Mayfair Gold is a Canadian gold development company that is well-funded and focused on advancing the 100%-owned Fenn-Gib gold project located in the Timmins region of Northern Ontario [2] - The Fenn-Gib gold deposit has an Indicated Resource of 181.3 million tonnes grading 0.74 grams per tonne (g/t) Au, which equates to 4.3 million ounces of contained gold [2] - The company aims to progress through the Ontario Provincial permitting process to become a new Canadian gold producer amid the current gold cycle [2]
Starcore Closes Private Placement
Newsfile· 2025-10-29 00:07
Core Points - Starcore International Mines Ltd. has successfully closed a non-brokered private placement, raising $5,000,000 through the issuance of 20,000,000 units at a price of $0.25 per unit [1] - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with the whole warrant exercisable for two years at a price of $0.35 per share [1] - The company has paid $92,099.79 in finders' fees and issued 368,399 finders' warrants, which expire within one year [2] - All securities from this financing are subject to a hold period of four months plus one day [2] - Starcore has a total of 89,863,517 common shares issued and outstanding [2] Company Overview - Starcore International Mines focuses on precious metals production, primarily in Mexico, and has exploration and development projects across North America and Côte d'Ivoire [3] - The company emphasizes Corporate Social Responsibility and aims to make value-driven decisions to enhance long-term shareholder value [3]
Rio Silver Receives Conditional Approval for $2.2M Private Placement
Globenewswire· 2025-10-28 23:47
Core Points - Rio Silver Inc. has received "Conditional Approval" from the TSX Venture Exchange for a non-brokered private placement, raising gross proceeds of $2,200,000 [1][4] - The offering consists of 22,000,000 units priced at 10 cents each, with each unit including one common share and one non-transferable warrant exercisable at 15 cents for three years [2][3] - The proceeds will be allocated towards exploration projects in Peru, general working capital, and debt settlement [3] Financial Details - The total gross proceeds from the offering amount to $2,200,000, with finders' fees of $74,520 and 745,200 broker warrants issued [2][3] - Each broker warrant allows the holder to acquire one common share at an exercise price of 15 cents for three years [3] Project Updates - The company is expecting approval for the acquisition of the Maria Norte Au-Ag-Pb-Zn project, with updates provided on September 17, 2025 [5] Company Overview - Rio Silver focuses on acquiring precious metal assets that are expected to generate near-term cash flow, supporting its exploration and development plans [6] - The company expresses optimism regarding Peru's supportive mining policies and ongoing investment in the region [6]
Pinnacle Receives Positive Results from Preliminary Metallurgical Tests at El Potrero with Average of 95.09% Gold Recovery
Thenewswire· 2025-10-28 12:30
Core Viewpoint - Pinnacle Silver and Gold Corp. announced positive preliminary metallurgical test results for the El Potrero gold-silver project, highlighting gold recoveries of up to 96.79% and an average of 95.09%, indicating strong potential for the project [1][2]. Metallurgical Testing Results - The preliminary metallurgical tests showed high gold recoveries with an average of 95.09% from three samples, while silver recoveries were more variable, averaging 54.68% [2][4]. - Initial gravity tests yielded gold recoveries ranging from 29.1% to 76.38% and silver recoveries from 3.98% to 15.91% [2][8]. - The tests indicated a need for further mineralogical analysis to optimize recovery processes, particularly for silver [1][2]. Sample Analysis - Three samples from the Pinos Cuates mine were analyzed, with each sample weighing approximately 25 kg and subjected to fire assay for gold and silver [1][2]. - The presence of a nugget effect was suggested by variations in gold analyses between channel and metallurgical samples [1][2]. Project Location and Potential - The El Potrero project is located in the Sierra Madre Occidental region of Mexico, near several operating mines, indicating a favorable mining environment [11][12]. - The property has significant exploration potential as it has not been systematically explored by modern methods for nearly 40 years [12]. Future Development Plans - The company plans to refurbish a previously operational 100 tpd plant at a relatively low cost to achieve near-term production once permits are secured [13]. - Pinnacle aims to earn an initial 50% interest upon commencing production, with plans to increase ownership to 100% through generated cash flow [14]. Company Overview - Pinnacle Silver and Gold Corp. focuses on developing precious metals projects in the Americas, with a commitment to building long-term value for shareholders [15].
Gold Port Advances Exploration Momentum with New Private Placement
Prnewswire· 2025-10-27 21:10
Core Viewpoint - Gold Port Corporation is initiating a non-brokered private placement to raise up to CAD$1,282,500 for advancing its Groete Gold Copper Project in Guyana, which has significant resource potential and is strategically located [1][3][5]. Financing Details - The company plans to issue up to 17,100,000 units at a price of CAD$0.075 per unit, with each unit consisting of one common share and one transferable common share purchase warrant [1][2]. - Each warrant allows the holder to acquire an additional common share at an exercise price of CAD$0.10, valid for five years from the closing date [2]. Project Overview - The Groete Gold Copper Project hosts a NI 43-101 Inferred resource of 1.57 million ounces Cu-Au equivalent, with potential for expansion [3][6]. - An initial drill campaign of up to 10,000 meters is planned to upgrade the existing resource and explore new target zones [4]. Market Context - The project is well-positioned with excellent accessibility via the Essequibo River system, and recent gold prices have exceeded US$4,000 per ounce, enhancing its value proposition [5][6]. - The historical resource calculation was based on a gold price of US$1,275 per ounce, indicating a strong opportunity in the current metals market [5].
Why Is AngloGold Stock Sinking Today?
Yahoo Finance· 2025-10-27 19:47
Group 1 - Shares of AngloGold Ashanti Plc are down 5.4% as of 3:26 p.m. ET, contrasting with gains in the S&P 500 and Nasdaq Composite [1] - The decline in AngloGold's shares is attributed to easing trade tensions between the U.S. and China, which have previously boosted precious metals prices [1][3] - The company's sales have significantly increased over the past year, closely following the rise in metals prices, but there are concerns about potential declines in stock price if metals prices fall as trade tensions cool [4] Group 2 - The optimism expressed by President Trump regarding a potential trade deal with China has led to a decrease in gold and silver prices, which negatively impacts AngloGold's stock [6] - Historical data indicates that when gold prices fell by approximately 15% in 2022, AngloGold's stock plummeted by over 50% [4][6] - Analysts from The Motley Fool have identified other stocks as better investment opportunities compared to AngloGold Ashanti Plc [5][6]
美股异动丨贵金属矿业公司集体下跌 国际现货金银价格跌幅扩大
Ge Long Hui· 2025-10-27 13:55
Core Viewpoint - The prices of gold and silver have declined, leading to a drop in the stock prices of precious metal mining companies listed in the U.S. [1] Group 1: Market Impact - Newmont's stock price fell by 5% [1] - First Majestic Silver's stock price decreased by 3.6% [1] - Coeur Mining's stock price dropped by 3.4% [1] - Fortuna Mining's stock price declined by 2.6% [1] Group 2: Commodity Price Movement - International spot gold prices have seen a significant decline, breaking below $4030 per ounce, with a daily drop exceeding 2% [1] - Spot silver prices fell below $47 per ounce, experiencing a daily decrease of 3.27% [1] - New York silver futures also fell below $47 per ounce, with a daily drop of 3.27% [1] Group 3: Geopolitical Context - The easing of trade tensions between China and the U.S. has contributed to the expanded decline in gold and silver prices [1]
Thunder Mountain Gold Closes US$2.5 Million Private Placement
Newsfile· 2025-10-27 13:55
Core Viewpoint - Thunder Mountain Gold, Inc. has successfully closed a non-brokered private placement, raising a total of US$2,500,000 to advance its South Mountain Project and support its long-term vision [1][3]. Financing Details - The private placement involved the issuance of 10,000,000 units at a price of US$0.25 per unit, generating gross proceeds of US$2,500,000. Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at US$0.40 until October 24, 2027 [3][8]. - All securities issued are subject to a four-month hold period expiring on February 24, 2026, in accordance with Canadian securities laws [4]. Use of Proceeds - Proceeds from the private placement are earmarked for advancing technical work at the South Mountain Project, including drilling, metallurgy, resource, and mine planning studies, as well as for general working capital [8][9]. Company Overview - Thunder Mountain Gold, Inc. is a junior exploration company founded in 1935, focusing on base and precious metals projects in the western U.S. Its principal asset is the South Mountain Mine, which contains high-grade zinc, silver, gold, and copper [7][8]. - The South Mountain Project has a history of mining from the late 1940s to the late 1960s, with significant past production and ongoing development efforts [9]. Technical Data - The technical information in the release was reviewed by a qualified geologist, ensuring compliance with U.S. SK-1300 regulations and Canadian NI 43-101 standards [10].
Avino Continues to Intersect High-Grade Silver at La Preciosa
Accessnewswire· 2025-10-27 10:45
Core Viewpoint - Avino Silver & Gold Mines Ltd. has reported results from four additional drill holes at La Preciosa, aimed at twinning previous drilling efforts [1] Group 1 - The company is focused on enhancing its drilling program at La Preciosa to validate and improve upon earlier drilling results [1] - The new drill holes are part of a strategic initiative to increase resource confidence and support future mining operations [1]