COLORADO SPRINGS, COLORADO / ACCESS Newswire / February 19, 2026 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") announced today that it will hold its annual meeting of shareholders in person at 9:00 a.m. Mountain Standard Time (MST) on Wednesday, May 20, 2026, at the SpringHill Suites Colorado Springs Downtown, 402 South Tejon Street, Colorado Springs, Colorado 80903. ...

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, ASX: NGT, PNGX: NEM) (Newmont or the Company) reported gold Mineral Reserves ("reserves") of 118.2 million attributable ounces at the end of 2025 compared to 134.1 million attributable ounces at the end of 2024, mainly driven by the divestment of assets in 2025. Newmont's portfolio includes significant reserves from other metals, including 12.5 million attributable tonnes of copper reserves and 442 million attributable ounces of silver re. ...

NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib Minerals” or “the Company”) (Nasdaq: NAMM) today announced that on February 18, 2026 the Company received a letter from the Nasdaq Stock Market LLC (”Nasdaq”) stating that the Company has regained compliance with the minimum market value of publicly held shares (“MVPHS”) requirement under Nasdaq Listing Rule 5450(b)(2)(C) (the “Rule”).  Accordingly, the Company is now in compliance with all applicable listing standards, and its ordinary shar ...

Core Viewpoint - San Lorenzo Gold Corp. plans to complete a non-brokered private placement of units for gross proceeds of up to $15,000,000 to support exploration and working capital efforts [1][4]. Group 1: Offering Details - The Offering will involve the issuance of units priced at $2.51, each consisting of one common share and one-half of a common share purchase warrant [2]. - Each full warrant will allow the holder to acquire an additional common share at a price of $3.50 for one year from the closing date [2]. - A cash commission or finder's fee of up to 6% of the gross proceeds may be paid to qualified non-related parties, along with broker warrants representing 6% of the common shares issued [3]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated to exploration efforts on the Salvadora property and for general working capital, including Offering expenses [4]. Group 3: Company Overview - San Lorenzo is focused on advancing its flagship Salvadora property located in Chile's mega-porphyry belt, with prior drilling indicating significant gold and copper systems [5].

Financial Data and Key Metrics Changes - In 2025, the company achieved record revenue of $1 billion, operating cash flow of $705 million, and earnings of $466 million, representing increases of 43%, 33%, and 40% respectively compared to 2024 [5] - Adjusted net income reached a record $510 million, a 47% increase over 2024 [5][6] - The adjusted EBITDA margin was maintained at 82% for the year, supported by strong gold prices and stable cash G&A [6] Business Line Data and Key Metrics Changes - Gold contributed 78% of total revenue for the year, with significant revenue growth from the stream segment, which increased over 110% year-over-year to $265 million [11][19] - Royalty revenue for the quarter was up 42% year-over-year to $111 million, driven by strong performance from the Cortez CC zone and Peñasquito [11] Market Data and Key Metrics Changes - Metal prices significantly impacted revenue, with gold prices up 55%, silver up 74%, and copper up 21% compared to the prior year [19] - The company expects its revenue mix to remain consistent post-acquisition, maintaining the highest gold revenue percentage among large-cap peers in the royalty and streaming sector [19] Company Strategy and Development Direction - The company made several acquisitions, including Sandstorm Gold and Horizon Copper, to diversify and strengthen its portfolio [7][8] - The integration of the Sandstorm and Horizon portfolios is largely complete, with a focus on rationalizing and simplifying operations [9] - The company plans to host an investor day on March 31st to provide context for 2025 activities and guidance for 2026 [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position following a record year, emphasizing the strength of the underlying portfolio [32] - The company anticipates a steady state moving forward, with expectations for continued strong performance in 2026 [27][28] Other Important Information - The company paid over $118 million in dividends to shareholders and raised its annual dividend to $1.90 per share for 2026, marking the 25th consecutive annual dividend increase [6] - The company ended the year with outstanding debt of $900 million, with plans to reduce this to $725 million early in 2026 [28][29] Q&A Session Summary Question: What does the deal pipeline look like currently? - Management indicated that the deal pipeline remains strong, with ongoing activity despite market volatility [34][36] Question: Regarding Hod Maden, what is the company's involvement in discussions about the construction decision? - Management confirmed satisfaction with the technical report and stated that they are involved in discussions with SSR regarding development strategy and spending [43][46] Question: Can you elaborate on the mechanics behind the potential conversion of the Mara option into a gold stream? - The company can convert a small royalty into a 20% gold stream by investing approximately $225 million over the construction period [49][50] Question: What is the company's strategy regarding debt repayment versus new investments? - Management emphasized that finding good investments remains a priority, and they are not prioritizing debt repayment over new opportunities [85][88] Question: Why doesn't the company provide preliminary royalty revenue expectations? - The company explained that information rights limit their ability to provide estimates until after operators report their results [60][62]

Financial Data and Key Metrics Changes - In 2025, the company achieved record revenue of $1 billion, operating cash flow of $705 million, and earnings of $466 million, representing increases of 43%, 33%, and 40% respectively compared to 2024 [5] - Adjusted net income reached a record $510 million, a 47% increase over 2024 [5][6] - The adjusted EBITDA margin was maintained at 82% for the year, supported by strong gold prices and stable cash G&A [6] Business Line Data and Key Metrics Changes - Gold contributed 78% of total revenue for the year, with significant revenue growth from the stream segment, which increased over 110% year-over-year [6][11] - Royalty revenue for the fourth quarter was up 42% year-over-year to $111 million, driven by strong performance from the Cortez CC zone in Peñasquito [11] Market Data and Key Metrics Changes - Metal prices significantly impacted revenue, with gold prices up 55%, silver up 74%, and copper up 21% compared to the prior year [19] - The company expects its revenue mix to remain consistent post-acquisition, maintaining the highest gold revenue percentage among large-cap peers in the royalty and streaming sector [19] Company Strategy and Development Direction - The company completed several acquisitions, including Sandstorm Gold and Horizon Copper, to diversify and strengthen its portfolio [7][8] - The integration of the acquired portfolios is largely complete, with a focus on rationalizing and simplifying operations to enhance value [9] - The company plans to host an investor day to provide context for 2025 activities and guidance for 2026 [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position following a record year, emphasizing the strength of the underlying portfolio [32] - The company anticipates a steady state moving forward, with expectations for continued strong performance in 2026 [28] Other Important Information - The company paid over $118 million in dividends and raised its annual dividend to $1.90 per share for 2026, marking the 25th consecutive annual dividend increase [6] - The company ended the year with outstanding debt of $900 million, with plans to reduce it further to $725 million early in 2026 [29] Q&A Session Summary Question: What does the deal pipeline look like currently? - Management indicated that the deal pipeline remains strong, with ongoing activity despite market volatility [34][36] Question: Regarding Hod Maden, were the recent technical report numbers satisfactory? - Management expressed satisfaction with the technical report and noted that a delay in construction decisions could provide more time for strategic planning [43][46] Question: Can you elaborate on the potential conversion of the Mara option into a gold stream? - The company can convert a small royalty into a 20% gold stream by investing approximately $225 million during the construction period [49][50] Question: What drove the outperformance in other metals revenue? - The outperformance was primarily attributed to higher metal prices [51][53] Question: What is the strategy for the Pueblo Viejo silver stream? - Management does not perceive a lack of incentive for the operator to prioritize silver recovery and believes ongoing efforts are being made to improve both gold and silver recovery [57][80] Question: What is the company's focus regarding transaction sizes? - The company is still focused on transactions in the $100 million to $500 million range, while remaining open to larger opportunities if they arise [82][84]

Financial Data and Key Metrics Changes - The company reported record adjusted net income of $0.23 per share for Q4 2025, aligning with analysts' consensus, and net cash from operations before working capital adjustments was $0.48 per share, exceeding estimates of $0.43 [4] - Free cash flow reached $132 million for the quarter and $330 million for the full year, indicating strong operational performance and a robust balance sheet with over $700 million in liquidity and a net cash position of approximately $380 million [4][27] - Attributable net income for the quarter was $68.1 million, or $0.22 per share on an adjusted basis, a significant increase from $0.06 in Q4 2024 and $0.17 in Q3 2025, primarily driven by higher gold prices [22] Business Line Data and Key Metrics Changes - Séguéla produced 36,942 ounces of gold in Q4 2025, totaling 152,426 ounces for the full year, exceeding guidance by 4% [10] - Lindero's full-year gold production totaled 87,489 ounces, approximately 6% below the lower end of guidance due to mechanical downtime in Q4 [16] - Caylloma produced 250,000 ounces of silver in Q4 2025, maintaining production levels consistent with previous quarters [18] Market Data and Key Metrics Changes - The average realized gold price was $4,166 per ounce, an increase of over $1,500 per ounce compared to previous periods, while consolidated cash costs rose only marginally by 5% to $971 per ounce [22] - AISC for Séguéla was $1,576 per ounce for Q4 and $1,560 per ounce for the full year, reflecting cost discipline despite higher royalties [12] Company Strategy and Development Direction - The company aims to grow annual gold production to over 500,000 ounces within 24 months, representing approximately 65% growth from current levels, with key projects being Diamba Sud in Senegal and Séguéla in Ivory Coast [5] - A $100 million budget has been approved for Diamba Sud, with $67 million allocated for early works, including camp facilities and major excavations [7] - Séguéla is preparing for a plant upgrade study to evaluate throughput expansion options that could increase annual production to 200,000 ounces [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production growth through controlled and executable plans, supported by a strong balance sheet and quality assets [5] - The company is focused on mitigating risks associated with equipment delivery times and securing critical resources for project advancement [47] Other Important Information - The company recorded a foreign exchange loss of $2.9 million for Q4 and $7.8 million for the full year, primarily due to operations in Argentina [24] - Total capital expenditures were $44.5 million for Q4 and $178.1 million for the full year, with significant allocations for sustaining capital and growth initiatives [26] Q&A Session Summary Question: Update on Diamba Sud resource and production profile - Management indicated that the updated resource will extend the mine life and improve the production profile due to higher grades [32] Question: Gold price assumptions for Diamba Sud - The company uses a gold price of $3,300 for resource estimates and $2,600 for reserves, reflecting current market adjustments [34] Question: Production cadence for 2026 - Production is expected to be steady, with Lindero experiencing softer production in the first half due to planned improvements [36] Question: Plans to achieve 500,000 ounces production - Management detailed that Séguéla's expansion and Diamba Sud's development will contribute to reaching the target, with specific CapEx estimates provided [41][42] Question: Underground development plans for Sunbird - Production from the underground is anticipated to start in late 2027 or early 2028, pending permitting approvals [60]

Financial Data and Key Metrics Changes - The company reported record adjusted net income of $0.23 per share for Q4 2025, in line with analysts' consensus, and net cash from operations before working capital adjustments was $0.48 per share, exceeding estimates of $0.43 [4] - Free cash flow reached a record $132 million for the quarter and $330 million for the full year, highlighting strong operational performance [4] - The company ended 2025 with $704 million in total liquidity, a $327 million increase over 2024, driven by strong operating results [27] Business Line Data and Key Metrics Changes - Séguéla produced 36,942 ounces of gold in Q4, totaling 152,426 ounces for the full year, exceeding guidance by 4% [10] - Lindero's full-year gold production totaled 87,489 ounces, approximately 6% below the lower end of guidance due to mechanical downtime in Q4 [15] - Caylloma produced 250,000 ounces of silver in Q4, maintaining production levels consistent with previous quarters [17] Market Data and Key Metrics Changes - The average realized gold price was $4,166 per ounce, an increase of over $1,500 per ounce compared to the previous year [21] - Consolidated cash costs rose marginally by 5% to $971 per ounce, while all-in sustaining costs (AISC) for the year were $1,716 per ounce, within guidance range [21][17] Company Strategy and Development Direction - The company aims to grow annual gold production to over 500,000 ounces within the next 24 months, representing approximately 65% growth from current levels [5] - Key growth projects include Diamba Sud in Senegal and Séguéla in the Ivory Coast, with a $100 million budget approved for Diamba Sud [5][7] - The company is focused on maintaining capital discipline and enhancing asset quality to support growth [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production targets, with Séguéla expected to contribute significantly to the overall production increase [41] - The company is actively managing risks related to equipment delivery times and resource availability as demand for gold mining increases [47] - Future production at Lindero is expected to be impacted by ongoing improvements to the primary crusher, with a gradual increase anticipated in the second half of the year [36] Other Important Information - The company recorded a foreign exchange loss of $2.9 million for Q4, primarily driven by operations in Argentina [24] - Capital expenditures for the quarter were $44.5 million, with $109 million dedicated to sustaining capital and $69 million to growth initiatives [26] Q&A Session Summary Question: Update on Diamba Sud resource and production profile - Management indicated that the updated resource will extend the mine life and improve the production profile due to higher grades [31] Question: Gold price assumptions for Diamba Sud - The company uses a gold price of $3,300 for resource estimates and $2,600 for reserves, reflecting current market adjustments [34] Question: Production cadence for 2026 - Production is expected to be steady, with Lindero experiencing softer production in the first half due to ongoing improvements [36] Question: Plans to reach 500,000 ounces of production - Management detailed that Séguéla and Diamba Sud will be key contributors, with Séguéla's throughput expected to increase significantly [41][42] Question: Underground development plans for Sunbird - Production from the underground is anticipated to start in late 2027 or early 2028, pending permitting approvals [60]

Financial Data and Key Metrics Changes - The company reported record adjusted net income of $0.23 per share for Q4 2025, aligning with analysts' consensus, and net cash from operations before working capital adjustments was $0.48 per share, exceeding estimates of $0.43 [4] - Free cash flow reached $132 million for the quarter and $330 million for the full year, indicating strong operational performance and a robust balance sheet with over $700 million in liquidity and a net cash position of approximately $380 million [4][27] - Attributable net income for Q4 was $68.1 million, or $0.22 per share on an adjusted basis, a significant increase from $0.06 in Q4 2024 and $0.17 in Q3 2025, primarily driven by higher gold prices [21] Business Line Data and Key Metrics Changes - Séguéla produced 36,942 ounces of gold in Q4, totaling 152,426 ounces for the full year, exceeding guidance by 4% [10] - Lindero's full-year gold production totaled 87,489 ounces, approximately 6% below guidance due to mechanical downtime in Q4 [15] - Caylloma produced 250,000 ounces of silver in Q4, maintaining production levels consistent with previous quarters [17] Market Data and Key Metrics Changes - The average realized gold price was $4,166 per ounce, an increase of over $1,500 per ounce compared to previous periods, while consolidated cash costs rose only marginally by 5% to $971 per ounce [21] - The company experienced a foreign exchange loss of $2.9 million for Q4, primarily driven by operations in Argentina, but this was offset by hedging strategies [23][24] Company Strategy and Development Direction - The company aims to grow annual gold production to over 500,000 ounces within the next 24 months, representing a 65% increase from current levels, with growth driven by the Diamba Sud and Séguéla projects [5][8] - A $100 million budget has been approved for Diamba Sud, with $67 million allocated for early works, including infrastructure development [6][46] - Séguéla is preparing for a plant upgrade study to evaluate throughput expansion options, potentially increasing annual production to 200,000 ounces [7][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production growth through controlled and executable plans, supported by a strong balance sheet and quality assets [5][8] - The company is focused on mitigating risks associated with equipment delivery times and securing critical resources for project advancement [46] Other Important Information - The company recorded $26 million in general and administration expenses for Q4, including $6.9 million in stock-based compensation, reflecting a year-over-year increase [22] - Total capital expenditures were $44.5 million for Q4 and $178.1 million for the full year, with significant allocations for sustaining capital and growth initiatives [26][27] Q&A Session Summary Question: Update on Diamba Sud resource and technical report - Management indicated that the increased resource will likely extend the mine life and improve the production profile, particularly with higher-grade deposits [30][31] Question: Gold price assumptions for Diamba Sud - The company uses a gold price of $3,300 for resource estimates and $2,600 for reserves, reflecting current market adjustments [32][33] Question: Production cadence for 2026 - Production is expected to be steady, with Lindero experiencing softer production in the first half due to planned improvements [34][35] Question: Plans for reaching 500,000 ounces of production - Management detailed plans for Séguéla and Diamba Sud, with Séguéla targeting 200,000 ounces and Diamba Sud contributing significantly to overall production [38][39][40] Question: Underground development plans for Sunbird - The company plans to start underground development in 2027, with production expected to begin in 2028, pending permitting [58][59]

Financial Data and Key Metrics Changes - In 2025, the company achieved record revenue of $1 billion, operating cash flow of $705 million, and earnings of $466 million, representing increases of 43%, 33%, and 40% respectively compared to 2024 [4] - Adjusted net income reached a record $510 million, a 47% increase over 2024 [4] - The adjusted EBITDA margin was maintained at 82% for the year, supported by strong gold prices and stable cash G&A [5] Business Line Data and Key Metrics Changes - Gold contributed 78% of total revenue for the year, with significant revenue growth from the stream segment, which increased over 110% year-over-year to $265 million [10][18] - Royalty revenue for the fourth quarter was up 42% year-over-year to $111 million, driven by strong performance from the Cortez CC zone and Peñasquito [10] Market Data and Key Metrics Changes - Metal prices significantly impacted revenue, with gold prices up 55%, silver up 74%, and copper up 21% compared to the prior year [18] - The company expects its revenue mix to remain consistent post-acquisition, maintaining the highest gold revenue percentage among large-cap peers in the royalty and streaming sector [18] Company Strategy and Development Direction - The company completed several acquisitions, including Sandstorm Gold and Horizon Copper, to diversify and strengthen its portfolio [5][6] - The integration of the Sandstorm and Horizon portfolios is largely complete, with a focus on rationalizing and simplifying operations [7] - The company plans to host an investor day on March 31st to provide context for 2025 activities and guidance for 2026 [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the underlying portfolio's performance and indicated that the unusual items affecting financial results are now behind them [29] - The company anticipates a steady state beginning with the first quarter results of 2026, with expectations for continued strong performance [26][29] Other Important Information - The company paid over $118 million in dividends during the year and raised its annual dividend to $1.90 per share for 2026, marking the 25th consecutive annual dividend increase [5] - The company ended 2025 with outstanding debt of $900 million, which is expected to be fully repaid by early 2027, earlier than previously forecasted [27] Q&A Session Summary Question: What does the deal pipeline look like currently? - Management indicated that the deal pipeline remains strong, with ongoing activity despite market volatility, and noted that there are opportunities in both base metal projects and primary gold assets [31][34] Question: Regarding Hod Maden, what is the company's involvement in discussions about the construction decision? - Management confirmed satisfaction with the technical report and indicated active involvement in discussions with SSR Mining regarding development strategy and spending [41][46] Question: Can you elaborate on the potential conversion of the Mara option into a gold stream? - The company can convert a small royalty into a 20% gold stream by investing approximately $225 million over the construction period, with strong economic incentives to proceed [47] Question: Why doesn't the company provide preliminary royalty revenue expectations? - Management explained that information rights limit their ability to provide estimates until after operators report their results, which can be 15 to 45 days post-quarter end [56][59] Question: What is the company's strategy regarding capital allocation and potential transactions? - Management stated that finding good investments remains a priority, and they are open to transactions in the $100 million to $500 million range, while also considering larger opportunities [78][81]