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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]
Chalice Mining (CGML.F) Earnings Call Presentation
2025-07-23 23:00
Developing the Leading Palladium -Nickel -Copper Project in the Western World For personal use only July 2025 ASX:CHN ASX:CHN Chalice Mining is a leading critical minerals explorer and developer in the world's top mining Jurisdiction – Western Australia For personal use only Our Asset Gonneville is the largest palladium-nickel-copper resource in the Western world, a 17Moz 3E PGE, 960kt Ni, 540kt Cu, and 96kt Co open-pit project Development Pathway Project redesign with simplified flowsheet, adapting to low ...
Dundee Precious Metals Announces Filing of Management Information Circular for Acquisition of Adriatic Metals & Name Change
Globenewswire· 2025-07-23 21:00
Core Viewpoint - Dundee Precious Metals Inc. (DPM) is seeking shareholder approval for the acquisition of Adriatic Metals plc and a name change to DPM Metals Inc. to enhance its corporate identity and growth potential [1][3][7]. Group 1: Acquisition Details - DPM has filed management information circulars for a special meeting on August 13, 2025, to approve the issuance of common shares for the acquisition of Adriatic Metals plc [1]. - The acquisition includes Adriatic's Vareš operation, a producing silver-lead-zinc-gold underground mine, which is expected to enhance DPM's high-margin asset portfolio [5][6]. Group 2: Strategic Rationale - The DPM Board believes the acquisition will create value through operational synergies and improved financial flexibility, supporting growth initiatives post-transaction [8][9]. - The Combined Company is anticipated to have a strong balance sheet and significant free cash flow, enabling optimized capital allocation across its mining assets in Bulgaria, Serbia, Ecuador, and Bosnia and Herzegovina [13]. Group 3: Management and Governance - The DPM Board, advised by BMO Capital Markets, considers the transaction to be in the best interest of DPM and fair from a financial perspective, recommending shareholders vote in favor of the share issuance resolution [6][8]. - The transaction is expected to enhance DPM's ability to develop its Čoka Rakita Project in Serbia by integrating experienced personnel from Adriatic [13]. Group 4: Name Change and Market Position - The proposed name change to DPM Metals Inc. aims to better reflect the company's focus on precious metals and improve its market profile [3][7]. - The transaction is expected to increase scale and liquidity, enhancing market relevance and potentially leading to a re-rating of DPM's common shares [13].
Avino Silver Q2 Silver-Equivalent Production Increases 5% Y/Y
ZACKS· 2025-07-23 16:20
Core Insights - Avino Silver & Gold Mines Ltd. (ASM) reported a silver-equivalent production of 645,602 ounces in Q2 2025, a 5% increase from Q2 2024, driven by record mill throughput [1][6] Group 1: Production Details - Silver production decreased by 3% year-over-year to 283,619 ounces, while gold production increased by 17% to 1,774 ounces [2] - Copper production rose by 12% year-over-year to 1.46 million pounds [2] - Mill throughput increased by 36% to 190,987 tons, attributed to upgrades and automation enhancements [2][6] Group 2: Financial Performance - The Zacks Consensus Estimate for Q2 revenues is $18.3 million, reflecting a year-over-year increase of 23.7% due to higher production and increased gold and silver prices [4] - The estimated quarterly earnings are projected at 3 cents per share, unchanged from the previous year [4] Group 3: Company Updates - ASM commenced drilling at the Avino Mine in April 2025, planning for nine holes to test vein extensions at depth, and deployed a second drill at La Preciosa [3][6] - As of June 30, 2025, ASM had approximately $37 million in cash and remains debt-free [3] Group 4: Market Performance - ASM's share price has surged by 243.7% over the past year, significantly outperforming the industry's growth of 15.9% [5]
MAG Announces Second Quarter 2025 Production From Juanicipio
Globenewswire· 2025-07-23 10:50
Core Viewpoint - MAG Silver Corp. reported strong operational performance at the Juanicipio mine for Q2 2025, despite a tragic safety incident that occurred in July, emphasizing the importance of safety in operations [2][3]. Production Performance - The Juanicipio plant processed 343 thousand tonnes of ore in Q2 2025, a slight increase of 1.6% from Q1 2025 and consistent with its nameplate capacity of 4,000 tonnes per day [5]. - Silver head grade averaged 417 grams per tonne (g/t) in Q2 2025, maintaining the top end of the 2025 guidance, while year-to-date silver head grade is 423 g/t [5]. - Preliminary Q2 production included 4.3 million ounces of silver and 10,465 ounces of gold, with lead and zinc production increasing by 9% and 21% quarter-over-quarter, respectively [5]. Year-to-Date Performance - For the first half of 2025, production totaled 8.8 million ounces of silver and 20,663 ounces of gold, positioning Juanicipio well to meet its full-year production guidance [5]. - The company reported a 2.6% increase in gold production compared to Q1 2025 and a 7.7% increase compared to H1 2024 [3][5]. Safety and Incident Response - A tragic fatality occurred at the Juanicipio site in July, prompting a full investigation and a renewed commitment to safety protocols [2][3]. - The company, in collaboration with Fresnillo, is providing support to affected families and reinforcing the importance of a safety culture [2][3]. Future Outlook - Comprehensive financial and operational results are expected to be released on August 11, 2025, indicating ongoing transparency and commitment to stakeholders [5].
G Mining Ventures Provides Update on Gurupi Project Licensing Process in Brazil Following Court Ruling
Prnewswire· 2025-07-23 10:30
Core Viewpoint - G Mining Ventures Corp. has received a favorable ruling from the 8th Federal Environmental and Agrarian Court in Brazil, which resolves a long-standing permitting issue for the Gurupi Gold Project, allowing the company to advance the project with regulatory clarity [1][2][3]. Regulatory Developments - The Court annulled the preliminary and installation licenses issued in 2011 to a previous operator, confirming GMIN's ability to initiate a new environmental licensing process [2][8]. - The ruling eliminates historical legal and permitting liabilities, providing a clean regulatory path for the Gurupi Project's development [8]. Strategic Path Forward - GMIN is set to implement a disciplined, multi-year exploration program, which will include environmental studies and stakeholder engagement [5][8]. - The company aims to unlock the long-term potential of the Gurupi Project, which is part of a larger ~1,900 km² land package that includes both greenfield and brownfield exploration targets [6][5]. Exploration and Resource Estimates - The most recent mineral resource estimate for Gurupi includes 1.83 million ounces of indicated resources and 0.77 million ounces of inferred resources [9]. - An initial exploration budget of USD $2–4 million has been allocated for 2025, focusing on regional soil sampling, trenching, and mapping [7]. 2025 Outlook - GMIN will focus on advancing the Gurupi Project through updated technical, environmental, and social studies, enabling a structured approach to development [8][10]. - The company is also working towards obtaining the final environmental permit for the Oko West project and making a construction decision in the second half of 2025 [10].
Newlox Gold Announces Private Placement
Thenewswire· 2025-07-23 02:50
Core Points - Newlox Gold Ventures Corp. plans to raise up to $2,000,000 through a non-brokered private placement of up to 28,571,429 units at a price of $0.07 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of a share at $0.12 for 36 months [2] - Insiders are participating in the private placement for a total of $585,000, with specific amounts from Mr. Dent ($140,000), Mr. Benevides ($420,000), and Mr. MacKay ($25,000) [3] - The participation of insiders is considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [4] - Proceeds from the private placement will fund current operations in Costa Rica and general working capital, subject to regulatory approvals [5] - Newlox Gold Ventures Corp. focuses on recovering gold and silver from artisanal mining operations in Latin America, utilizing technology for metal recovery and environmental remediation [6]
Nord Announces Revocation of MCTO
Thenewswire· 2025-07-22 23:10
Core Points - The British Columbia Securities Commission has revoked the management cease trade order (MCTO) for Nord Precious Metals Mining Inc. effective July 22, 2025, allowing management to trade the company's securities again [1][2] - The company successfully filed its annual audited financial statements for the year ended December 31, 2024, and interim financial statements for the three months ended March 31, 2025, which were prerequisites for the MCTO revocation [1][2] 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 [4] - The flagship Castle property covers 63 square kilometers and includes the past-producing Castle Mine, with drilling delineating 7.56 million ounces of silver in inferred resources at an average grade of 8,582 g/t Ag (250.2 oz/ton) [4] - The company's integrated processing strategy enhances the economics of extracting critical minerals such as cobalt and nickel, utilizing a proprietary Re-2Ox hydrometallurgical process for producing technical-grade cobalt sulfate and nickel-manganese-cobalt formulations [5] Strategic Positioning - Nord maintains 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, which spans 260 square kilometers near Cochrane, Ontario [6]
Western Exploration Mobilizes for 2025 Drill Program at Wood Gulch
Newsfile· 2025-07-22 11:30
Core Insights - Western Exploration Inc. has mobilized crews and equipment for its 2025 drill program at the Wood Gulch target within the Aura Project, located 80 km north of Elko, Nevada [1][2] - The company aims to explore historically high-grade gold-silver zones, particularly in the underexplored Wood Gulch area, which was previously mined by Homestake in the late 1980s [2] - A fully funded 4,000-meter diamond drill program will focus on extensions of historic high-grade mineralization associated with the Tomasina Fault Zone [3] Company Overview - Western Exploration is advancing its 100% owned Aura Project, which includes three gold and silver deposits: Doby George, Gravel Creek, and Wood Gulch, all located approximately 120 kilometers north of Elko, Nevada [4][5] - The company is led by a team of precious metals experts with extensive experience in exploration and development, positioning it as a promising player in North America's gold and silver sector [5]