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Paramount Gold Receives Permit Extension from Malheur County for its Proposed Grassy Mountain Underground Mine
Globenewswire· 2025-07-28 11:00
Core Insights - Paramount Gold Nevada Corp. has received a two-year extension for its Conditional Use Permit and Sage Grouse Permit, facilitating the development of the Grassy Mountain project [1][2] - The CEO of Paramount expressed gratitude for the support from Malheur County and emphasized the company's commitment to collaborate with federal and state agencies for final permitting [2] - Paramount holds a 100% interest in three projects: Grassy Mountain, Sleeper, and Bald Peak, with Grassy Mountain being a significant gold-silver deposit [3][4] Project Details - The Grassy Mountain Gold Project spans approximately 8,200 acres and is located on private and BLM land in Malheur County, Oregon, with a positive Feasibility Study already released [3] - The Sleeper Gold Project, located in Northern Nevada, includes the former producing Sleeper mine and consists of 2,474 unpatented mining claims covering about 44,917 acres [4] - The Bald Peak Project in Nevada is drill-ready and encompasses approximately 2,260 acres [4]
Denarius Metals Announces Details for the July 31, 2025 Interest Payments on Its Convertible Unsecured Debentures
Newsfile· 2025-07-28 11:00
July 28, 2025 7:00 AM EDT | Source: Denarius Metals Corp. | | Principal Amount of Debentures (1) | Interest | Number of | Number of Shares | | --- | --- | --- | --- | --- | | (CA$) | | | Shares to | per CA$1.00 of | | | | (CA$) | be Issued (2) | Principal | | 2023 Debentures | | | | | | Total before the following | 19,521,000 | 195,210 | 375,403 | 0.019231 | | Consent Fee Debentures (3)365,560 | | 3,656 | 7,030 | 0.019231 | | Total issued & outstanding | 19,886,560 | 198,866 | 382,433 | | | 2024 Debentures ...
Best Income Stocks to Buy for July 28th
ZACKS· 2025-07-28 09:01
Group 1: Stock Recommendations - Hasbro, Inc. (HAS) has seen a 3.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and offers a dividend yield of 3.7%, significantly higher than the industry average of 0.0% [1] - CB Financial Services, Inc. (CBFV) has experienced an 18.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, with a dividend yield of 3.1%, compared to the industry average of 2.7% [2] - MAG Silver Corp. (MAG) has had a 17.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 2: Additional Information - Another Zacks Rank 1 company has a dividend yield of 1.1%, which is above the industry average of 0.3% [3]
铂族金属展望:突破-Platinum Group Metals Outlook_ Breakout
2025-07-28 01:42
Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the Platinum Group Metals (PGMs) industry, specifically platinum and palladium markets, highlighting recent price movements and supply-demand dynamics [2][3][6]. Core Insights and Arguments Platinum Market - Platinum prices surged from USD 948/oz to USD 1,482/oz, indicating strong underlying fundamentals, but a market correction may be necessary [2]. - Mine supply is declining due to restructuring in South Africa and North America, with capital expenditure reductions expected to impact output through the decade [2]. - Auto demand for platinum is facing challenges from tariff concerns, declining substitution rates with palladium, and sluggish demand for petroleum vehicles as electric vehicles (EVs) gain traction [2]. - Jewelry demand for platinum is rising rapidly, becoming competitive with gold, and investor interest is increasing as platinum is viewed as a cheaper alternative to gold [2]. - The production/consumption deficit for platinum is projected to widen to over 900,000 oz by 2026, supporting high prices [2]. - Average price forecasts for platinum have been raised to USD 1,215/oz for 2025 and USD 1,445/oz for 2026 [4][11]. Palladium Market - Palladium prices have also increased, from USD 926/oz to USD 1,338/oz, but a correction is anticipated due to the rapid price rise [3]. - Auto demand for palladium is expected to decline due to the rise of EVs and sluggish auto output, while other industrial demand remains steady [3]. - The market is transitioning from wide supply/demand deficits to smaller deficits by 2026, with average price forecasts raised to USD 1,100/oz for 2025 and USD 1,135/oz for 2026 [3][4]. Supply Dynamics South African Production - South Africa remains the largest producer of platinum, but production is forecasted to decline below 4 million oz for the first time since COVID-19, with estimates of 3.892 million oz for 2025 and 3.826 million oz for 2026 [14][33]. - Operational challenges, including safety stoppages and power shortages, continue to hinder production [13][19]. - Valterra reported a 15% decrease in PGMs production due to flooding, with full-year production expected to be between 450,000-480,000 oz [15][18]. North American and Russian Production - North American output is projected to fall further, with a forecast of 231,000 oz for 2025, down from 267,000 oz in 2024 [31]. - Russian platinum supply is expected to remain stable, with minor increases anticipated despite sanctions [28][29]. Demand Trends Automotive Sector - Auto demand for platinum is projected to decline to 3.235 million oz in 2025, down from 3.410 million oz in 2024, primarily due to the rise of EVs and tariff uncertainties [42]. - The substitution of palladium for platinum in auto catalysts is nearing an end, as platinum prices have risen significantly [46]. Jewelry and Industrial Demand - Jewelry demand for platinum is recovering, with forecasts of 1.2 million oz for 2025 and 1.251 million oz for 2026, driven by high gold prices and changing consumer preferences [55][56]. - Industrial demand remains mixed, with expectations of a slight decline in chemical sector demand but potential growth in hydrogen applications [52][54]. Other Important Insights - The overall sentiment in the PGM market is cautiously optimistic, with high prices justified by supply constraints, but the potential for a market correction looms [6][11]. - Tariff concerns and economic uncertainties are significant factors influencing both supply and demand dynamics in the PGM markets [39][41].
Nord Precious Metals Closes First Tranche of Non-Brokered Private Placement and Announces Additional Private Placements
Thenewswire· 2025-07-25 22:55
Core Viewpoint - Nord Precious Metals Mining Inc. has successfully closed the first tranche of a non-brokered private placement financing, raising gross proceeds of $180,400 and plans to raise an additional $1,319,600 in the coming weeks through further issuance of units at the same price [1][4]. Financing Details - The first tranche involved the issuance of 1,503,333 units at a price of $0.12 per unit [1]. - The company plans to issue up to 10,996,667 additional units at the same price, potentially raising up to $1,319,600 [1]. - Finder's fees of $1,428 cash and 11,900 non-transferable finder warrants were paid in connection with the first tranche [2]. - Each unit consists of one common share and one share purchase warrant, with warrants exercisable at $0.155 per share for five years [3]. Flow-Through Units - The company announced a separate financing of 7,142,857 flow-through units at a price of $0.14 per unit, aiming to raise $1,000,000 [4]. - Finder's fees for this financing will be 7% cash and 7% in finder warrants, with warrants exercisable at $0.20 per share for two years [4][5]. Use of Proceeds - Proceeds from the unit private placement will be allocated for exploration on the Castle East Project in Gowganda, Ontario, as well as for general working capital and administrative costs [6]. - Funds from the flow-through unit private placement will also be directed towards exploration on the Castle East Project [6]. Company Overview - Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, focusing on high-grade silver discovery and strategic metals recovery [8]. - The company's flagship Castle property includes 63 square kilometers of exploration ground and has delineated 7.56 million ounces of silver in inferred resources with an average grade of 8,582 g/t Ag [8]. - The integrated processing strategy allows for the recovery of multiple metals, including cobalt and nickel, supporting the growing demand for battery materials [9]. Strategic Assets - The company holds a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project [10].
Pinnacle Increases Non-Brokered Private Placement
Thenewswire· 2025-07-25 19:35
Group 1 - Pinnacle Silver and Gold Corp. is increasing its non-brokered private placement to raise gross proceeds of up to $1,650,000 due to strong investor demand [1] - The Offering will consist of up to 27,500,000 units priced at $0.06 each, with each unit comprising one common share and one-half share purchase warrant [1] - The whole warrant is convertible into an additional share at an exercise price of $0.10 for a period of 24 months from the date of issuance [1] Group 2 - The net proceeds from the Offering will be used to advance the high-grade El Potrero gold-silver project in Durango, Mexico, and for general working capital [2] - All securities issued will be subject to a four-month hold period and require TSX Venture Exchange approval [3] - The securities offered have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption [3] Group 3 - Pinnacle is focused on district-scale exploration for precious metals in the Americas, particularly the high-grade Potrero gold-silver project in Mexico's Sierra Madre Belt [4] - The company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project in the Red Lake District of northwestern Ontario [4] - Pinnacle is committed to building long-term, sustainable value for shareholders with a seasoned management team and quality projects [4]
Sierra Madre Announces Closing of First Tranche of $19.5 Million Best Efforts Private Placement of Units
Newsfile· 2025-07-24 19:08
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) ("Sierra Madre" or the "Company") is pleased to announce it has closed the first tranche (the "First Tranche") of its previously announced brokered private placement offering of up to 27,858,000 units of the Company (each a "Unit") at a price of $0.70 per Unit (the "Issue Price") for aggregate gross proceeds to the Company of up to $19,500,600 (the "Offering"). The First Tranche consisted of 25,358, ...
Fortuna to release second quarter 2025 financial results on August 6, 2025; Conference call at 12 p.m. Eastern time on August 7, 2025
Globenewswire· 2025-07-24 09:00
Core Viewpoint - Fortuna Mining Corp. will release its financial statements and MD&A for Q2 2025 on August 6, 2025, after market close [1] Financial and Operational Results - A conference call to discuss the financial and operational results will take place on August 7, 2025, at 9:00 a.m. Pacific time [2] - The call will be hosted by key executives including Jorge A. Ganoza, President and CEO, and Luis D. Ganoza, Chief Financial Officer [2] Conference Call Details - Date: August 7, 2025 - Time: 9:00 a.m. Pacific time | 12:00 p.m. Eastern time - Toll-Free Dial-in Number: +1.888.506.0062 - International Dial-in Number: +1.973.528.0011 - Access Code: 238089 - Replay options available until August 21, 2025, for toll-free and until August 7, 2026, for the webcast [4] Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and exploration projects in Argentina, Côte d'Ivoire, Mexico, and Peru, as well as the Diamba Sud Gold Project in Senegal [5] - The company emphasizes sustainability in its operations and stakeholder relationships, focusing on efficient production, environmental stewardship, and social responsibility [5]
Fortuna to release second quarter 2025 financial results on August 6, 2025; Conference call at 12 p.m. Eastern time on August 7, 2025
GlobeNewswire News Room· 2025-07-24 09:00
Core Viewpoint - Fortuna Mining Corp. will release its financial statements and MD&A for Q2 2025 on August 6, 2025, after market close [1] Financial and Operational Results Discussion - A conference call to discuss the financial and operational results will take place on August 7, 2025, at 9:00 a.m. Pacific time [2] - The call will be hosted by key executives including Jorge A. Ganoza (President and CEO) and Luis D. Ganoza (Chief Financial Officer) [2] Conference Call Details - Date: August 7, 2025 - Time: 9:00 a.m. Pacific time | 12:00 p.m. Eastern time - Toll-Free Dial-in Number: +1.888.506.0062 - International Dial-in Number: +1.973.528.0011 - Access Code: 238089 - Replay available until August 21, 2025, for toll-free and until August 7, 2026, for the webcast [4] Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with operations in Argentina, Côte d'Ivoire, Mexico, and Peru, and the Diamba Sud Gold Project in Senegal [5] - The company focuses on sustainability, producing gold and silver while emphasizing environmental stewardship and social responsibility [5]
Newlox Gold Ventures Corp. - Operational Update
Thenewswire· 2025-07-24 03:10
Core Insights - Newlox Gold Ventures Corp. is making significant progress towards the operational readiness of Plant 2, with successful installation and testing of the ore feeder [2][3] - The company is focused on optimizing feedstock through systematic sampling to maximize processing efficiency [3] - A capital raise has been announced to fund ore acquisition and materials for Plant 2, targeting initial production of 20 tonnes per day, scaling to 50 tonnes per day by year-end [5][6] Operational Developments - The management and board conducted a site visit to align operational strategies and validate progress towards shared goals [1] - Conveyor systems, crushing units, and discharge equipment are undergoing fine-tuning, with comprehensive electrical system testing completed [3] - Collaboration with CIMEX at the National University of Colombia has led to successful chemical composition analyses and granulometric studies, indicating strong recovery rates for ore samples [4] Financial and Production Goals - The capital raise aims to finalize audits, fund ore acquisition, and secure materials for commercialization [5] - Management is committed to allocating the majority of working capital and new funds to operational improvements and future production investments [6] Expansion Plans - Newlox is exploring a second location in Costa Rica, conducting due diligence and feasibility studies to support long-term growth [7] Company Overview - Newlox Gold Ventures Corp. is dedicated to recovering gold and silver from artisanal and small-scale mining operations in Latin America, leveraging technology for precious metal recovery while contributing to local economic development [8]