Gold Mining
Search documents
Cosigo Resources Announces Acquisition of Conglomerate Layer Bulk Sample for Gravity Concentration Tests and Private Placement
Thenewswire· 2025-12-31 21:50
Core Viewpoint - Cosigo Resources Ltd. is actively engaged in geological exploration and analysis of conglomerate materials in the Taraira District, with recent bulk sampling and planned drilling to further assess gold potential [1][8][13]. Group 1: Geological Exploration - The company has acquired a 120 kg bulk sample from the "Chicken Coop" conglomerate for analysis, with samples being sent to Vancouver for testing [1]. - Reconnaissance prospecting has identified conglomerate stratum material distinct from previously mined areas, with 14 channel samples analyzed showing varying gold concentrations [2][3]. - Further drilling in 2024 has intercepted what is believed to be the same conglomerate layer, with core samples indicating gold presence [4][6]. Group 2: Analytical Results - Analytical results from channel samples show gold concentrations ranging from <0.015 ppm to 1.558 ppm across various samples, with specific samples highlighted for greater than 0.50 ppm gold [3][4]. - Core samples also indicate gold presence, with some samples showing concentrations as high as 11.3 ppm [6]. Group 3: Future Plans - The company plans to conduct a 4 or 5 drill hole campaign to obtain additional strata samples for better identification and characterization of the conglomerate [8]. - A private placement of up to CAD$1,000,000 has been initiated to fund further prospecting and mapping activities on the Taraira property and other locations [9][11]. Group 4: Company Overview - Cosigo Resources Ltd. is a junior exploration company focused on gold exploration in Colombia and holds interests in properties in Nevada and diamond exploration in Canada [13].
U.S. Stocks Finish 2025 On Downbeat Note But Post Strong Yearly Gains
RTTNews· 2025-12-31 21:14
Market Performance - Stocks experienced continued weakness during light trading on New Year's Eve, with major averages showing notable declines [1] - The Dow fell by 303.77 points (0.6%) to 48,063.29, the Nasdaq decreased by 177.09 points (0.8%) to 23,241.99, and the S&P 500 dropped by 50.74 points (0.7%) to 6,845.50 [1] - This marked the fourth consecutive session of declines, following record closing highs for the Dow and S&P 500 [2] Yearly Gains - Despite recent pullbacks, major averages posted strong annual gains, with the Nasdaq up 20.4%, the S&P 500 up 16.4%, and the Dow up 13.0% for the year [3] Economic Indicators - The Labor Department reported a decrease in first-time claims for U.S. unemployment benefits, with initial jobless claims falling to 199,000, down 16,000 from the previous week's revised level [4] - Economists had anticipated an increase in jobless claims to 220,000, indicating a stronger labor market than expected [4] Sector Performance - Biotechnology stocks performed poorly, dragging the NYSE Arca Biotechnology Index down by 1.9% [4] - Gold stocks also showed considerable weakness, with the NYSE Arca Gold Bugs Index falling by 1.4% due to a slump in gold prices [5] - Other sectors, including computer hardware, brokerage, networking, and semiconductors, experienced notable declines [5] International Markets - In overseas trading, stock markets in the Asia-Pacific region showed mixed performance, with China's Shanghai Composite Index up by 0.1% and Hong Kong's Hang Seng Index down by 0.9% [6] - European stocks also moved modestly lower, with the U.K.'s FTSE 100 Index down by 0.1% and the French CAC 40 Index slipping by 0.2% [6] Bond Market - Treasuries declined during the session, leading to a rise in the yield on the benchmark ten-year note, which increased by 3.3 basis points to 4.163% [7]
Jefferies Is Betting Big on Mining Stocks for 2026. Here Is Barchart’s Top-Rated Name.
Yahoo Finance· 2025-12-31 18:52
With the run-up in prices for many precious metals this year, the metals and mining sector is expected to have a good 2025. Exchange-traded funds that track the sector, such as the State Street SPDR S&P Metals & Mining ETF (XME), are up 83% year-to-date (YTD). Jefferies analyst Christopher LeFemina is among those betting that the run will continue in 2026. He wrote in the firm’s Mining Minutes note that “the sector should outperform again as a result.” More News from Barchart Barchart’s top-rated gold ...
Gold sector ‘in its best shape in years' heading into 2026
Proactiveinvestors NA· 2025-12-31 18:33
Core Viewpoint - Gold equities are projected to remain highly attractive within the mining sector in 2026, supported by strong valuations, balance sheets, and free cash flow generation, despite expectations for price consolidation [1][2]. Industry Outlook - Analysts maintain a bullish stance on gold equities for 2026 due to appealing valuations, while being neutral on gold prices [2]. - Structural drivers supporting gold's strength in 2025, such as de-dollarization, US fiscal concerns, macroeconomic uncertainty, central bank buying, and physical demand through ETFs, are expected to persist into 2026 [2]. Price Expectations - Jefferies anticipates gold prices will remain rangebound in 2026, with a potential period of consolidation, which is viewed positively for the sector [3][4]. - Real interest rates are identified as a significant factor influencing gold prices, particularly with potential changes in US monetary policy [3]. Sector Health - The gold mining sector is characterized by strong balance sheets, disciplined cost control, and increasing shareholder returns, with nine out of twelve covered gold miners in net cash positions [5]. - Cost inflation has remained below 5%, and real all-in costs are under US$2,400 per ounce, contributing to a healthy sector outlook [5]. Future Expectations - Jefferies expects favorable conditions to continue into 2026, with some upward pressure on labor and consumables anticipated, though still below 10% [6]. - Higher gold prices are expected to influence reserve calculations, potentially extending mine lives without significantly impacting near-term margins [7]. M&A Activity - Sustained high gold prices and growing cash balances may shift investor focus towards growth, setting the stage for increased merger and acquisition activity as financial discipline gives way to strategic expansion [8]. Top Gold Picks - Barrick Gold Corp. is identified as the top pick among large-cap miners, expected to deliver the highest free cash flow yield in 2026 at approximately 12% [9][10]. - Alamos Gold Inc. is viewed as a catch-up opportunity among mid-caps, with potential for re-rating driven by improved performance and expansion studies [10]. - Royal Gold, Inc. is highlighted for its unjustified valuation discount, with expectations for improved market sentiment due to medium-term growth clarity [11]. Other Metals - Jefferies has become more cautious on copper equities due to valuations, despite maintaining a positive outlook on copper prices [12].
Roth MKM Raises AngloGold Ashanti (AU) PT to $92 on Bullish 2026 Gold Forecast
Yahoo Finance· 2025-12-31 16:33
AngloGold Ashanti (NYSE:AU) is one of the hottest large-cap stocks of 2025. On December 15, Roth Capital raised the firm’s price target on AngloGold Ashanti to $92 from $84 and kept a Buy rating on the shares. Analysts at Roth MKM are boosting their price targets for gold and silver to keep pace with the rapidly evolving market. The firm now projects that gold will reach $4,125 and silver $56.25 by 2026, which is a massive jump from their previous estimates. On December 10, Citi also raised the firm’s pri ...
Can ARMN's Growth Investments Create Long-Term Value for Investors?
ZACKS· 2025-12-31 16:15
Core Insights - Aris Mining Corporation (ARMN) is focused on enhancing its growth pipeline through strategic investments, including the acquisition of a 49% stake in the Soto Norte joint venture, making it the sole owner of the project, which is recognized as a top undeveloped gold asset in the Americas [1][8] Acquisition and Project Development - The acquisition aligns with Aris Mining's strategy to build a diversified gold business in Guyana and Colombia [2] - A preliminary economic assessment (PEA) for the fully-owned Toroparu Project in Guyana indicates its potential as a long-lasting, low-cost mine with over 6.5 million ounces of gold resources [2][8] Financial Position - Aris Mining reported a strong cash balance of $417.9 million at the end of Q3 2025, which supports ongoing investment in expansion projects [3][8] - The company has generated healthy cash flow during the same period, positioning it well for future growth [3] Market Performance - Aris Mining's shares have increased by 17.2% over the past month, outperforming the industry growth of 3.5% [6] - The company is trading at a forward price-to-earnings ratio of 6.96X, significantly lower than the industry's average of 13.19X, indicating potential undervaluation [9] Earnings Estimates - The Zacks Consensus Estimate for Aris Mining's earnings has risen by 32.4% over the past 60 days, reflecting positive market sentiment [10] - Current earnings estimates for the current year stand at $1.35 per share, with projections of $2.36 for the next year [11]
U.S. Stocks May Extend Recent Pullback Going Into End Of The Year
RTTNews· 2025-12-31 13:58
The major U.S. index futures are currently pointing to a slightly lower open on Wednesday, with stocks likely to see further downside after ending yesterday's choppy session modestly lower.Stocks may extend the pullback seen over the past few sessions, which has seen the major averages close lower for three straight days as traders cash in on recent strength in the .Despite the recent weakness, the major averages are still poised to post substantial gains for the full year.The tech-heavy Nasdaq is heading ...
Doubleview Gold Corp. Closes Second Tranche of $104,000 Non-Brokered Private Placement
TMX Newsfile· 2025-12-31 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce that it has closed the second tranche (the "Second Tranche") of its non-brokered private placement (the "Private Placement") flow-through units (the " FT Units") as previously announced in the Company's news release dated December 17, 2025. The Second Tranche consisted of the issuance of 80,000 Flow Through Units at a price of ...
SONORO GOLD ANNOUNCES CLOSING OF OVERSUBSCRIBED $4.9M PRIVATE PLACEMENT
Globenewswire· 2025-12-31 13:00
VANCOUVER, Canada, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that it has closed its previously announced oversubscribed, non-brokered private placement of 24,500,000 units (the “Units”) at $0.20 per unit, for gross proceeds of CAD $4,900,000. Each Unit consists of one Sonoro common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional Sonoro common sh ...
Galleon Gold Completes Repurchase of Royalty on the West Cache Project
TMX Newsfile· 2025-12-31 12:30
Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce that it has successfully completed the repurchase of a 3% net smelter return royalty (the "Royalty") on the Company's West Cache Gold Project ("West Cache" or the "Project") from a wholly-owned subsidiary of Newmont Corporation ("Newmont") (Previously announced on October 16, 2025).Pursuant to the agreement, Galleon Gold has exercised its existing righ ...