Core Viewpoint - Perseus Mining Limited has reported record financial results for the fiscal year ending June 30, 2025, driven by elevated gold prices and strong operational performance, leading to increased capital returns to shareholders through dividends and share buybacks [6][7]. Financial Performance - Profit after tax (PAT) reached US$421.7 million (A$651.0 million), a 16% increase from the previous year [4]. - Revenue increased by 22% to US$1.248 billion (A$1.927 billion) [4]. - EBITDA rose by 18% to US$740.3 million (A$1,142.8 million) [4]. - Basic earnings per share (EPS) increased by 14% to US$0.270 (A$0.417), resulting in a P/E ratio of 8.8 [4]. - Operating cash flow was US$536.7 million (A$828.4 million), a 25% increase, equating to US$0.391 (A$0.604) per share [4]. - Net tangible assets (NTA) amounted to US$1.9 billion (A$2.9 billion), or US$1.40 (A$2.14) per share, a 52% increase from the previous year [13]. Capital Returns - A final dividend of A$0.05 per share was declared, bringing the total dividend for FY25 to A$0.075 per share, a 50% increase from FY24 [4][7]. - The company plans to invest up to A$100 million in a share buyback program over the next 12 months [4][15]. Sustainability Performance - The company contributed approximately US$813 million to host countries, including Tanzania and Sudan, with 94% local employment and 88% local procurement [5]. - Perseus reported a Total Recordable Injury Frequency Rate (TRIFR) of 0.60, a 43% improvement from FY24, indicating strong safety performance [23]. - Community contributions totaled US$5.6 million in Côte d'Ivoire and Ghana [5][24]. Outlook - Gold production and cost guidance for FY2026 remain unchanged, with expected production of 400,000 to 440,000 ounces and all-in site costs ranging from US$1,460 to US$1,620 per ounce [22].

Core Viewpoint - Golconda Gold Ltd. reported strong financial and operational results for Q2 2025, highlighting increased ore mined and gold production, alongside significant cash flow generation and debt repayment [4][8]. Financial Performance - Generated $7.7 million in revenue from the sale of 2,452 payable ounces of gold at a price of $3,254 per ounce, compared to $6.6 million in Q1 2025 [8]. - Operating cash flow reached $3.3 million for Q2 2025, an increase from $2.4 million in Q1 2025 [4][8]. - Operating cash cost per payable ounce was $1,436, up from $1,369 in Q1 2025 [8]. Operational Highlights - Mined 31,481 tonnes of ore at an average grade of 3.67 g/t, a 15% increase from 27,371 tonnes at 3.47 g/t in Q1 2025 [8]. - Produced 2,480 tonnes of concentrate containing 3,030 ounces of gold, a 3% increase from 2,947 ounces in Q1 2025 [8]. - Established stoping at a new mining area, Princeton Top, delivering 2,828 tonnes of ore to the processing plant during the second half of the quarter [8]. Debt Management - Repaid $850,000 of short-term loans during the quarter, with the Ocean Partners prepayment facility fully repaid post quarter-end, aiding in balance sheet deleveraging [4][8]. Future Plans - Targeting a restart of the Summit Mine in New Mexico in Q2 2026, with various workstreams already commenced [5]. - Plans to hoist the first ore from the lower levels of Galaxy in early Q4 2025 [10].

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Key Takeaways MP Materials' Q2 revenues jumped 84% to $57.4M, driven by higher NdPr and rare earth oxide production.Idaho Strategic's Q2 revenues rose 55% to $9.5M, with record gold sales offset by rising exploration costs.MP stock has soared 348% YTD, outpacing Idaho Strategic's 161% gain, though IDR trades at a lower valuation.MP Materials (MP) and Idaho Strategic Resources (IDR) are two prominent players in the U.S. critical minerals sector. Las Vegas, NV-based MP Materials is the largest producer of rar ...

Core Viewpoint - NexGold Mining Corp. has received the Industrial Approval (IA) for the Goldboro Gold Project from the Government of Nova Scotia, marking a significant step towards the project's construction and future operations [1][2][3]. Group 1: Industrial Approval Details - The Industrial Approval (IA) is a crucial permit that outlines the terms and conditions for operating the Goldboro Gold Project [2]. - The application for the IA was submitted on August 28, 2023, and was deemed complete by the Government of Nova Scotia in June 2025 [2]. - The IA is enforceable under the Environment Act and complies with the conditions of the Environmental Assessment approval issued on August 2, 2022 [2]. Group 2: Company Leadership Comments - Kevin Bullock, President and CEO of NexGold, expressed satisfaction with the receipt of the IA and acknowledged the efforts of the Nova Scotia Environment and Climate Change (NS ECC) team [3]. - Bullock highlighted the IA as one of the last key permits needed to advance towards construction and operations of the Goldboro Gold Project [3]. Group 3: Company Overview - NexGold Mining Corp. is focused on gold mining with assets in Canada and Alaska, including the Goliath Gold Complex in Northwestern Ontario and the Goldboro Gold Project in Nova Scotia [4]. - The company also holds interests in several other projects across Canada, including the Weebigee-Sandy Lake Gold Project JV and the Niblack copper-gold-zinc-silver VMS project in Alaska [4]. - NexGold is committed to engaging with regional communities and Indigenous Nations to create sustainable economic opportunities and promote community well-being [4].

Core Viewpoint - New Found Gold Corp. has successfully completed a non-brokered private placement, raising gross proceeds of C$20,000,000.57 through the issuance of 12,269,939 common shares, with a hold period until December 27, 2025 [1][2]. Group 1: Private Placement Details - The private placement involved Mr. Eric Sprott acquiring 12,269,939 common shares for a total consideration of C$20,000,000.57, increasing his ownership from approximately 19.0% to 23.1% of the outstanding shares on a non-diluted basis [2]. - The gross proceeds from the private placement will be allocated to advance the 100% owned Queensway Gold Project and for general corporate and working capital purposes [6]. - No finder's fees were paid in connection with the completion of the private placement [5]. Group 2: Management and Strategic Outlook - Keith Boyle, CEO of New Found Gold, expressed gratitude for Mr. Sprott's continued support, highlighting that his participation reflects confidence in the project and the new leadership team [7]. - The company has a new management team and is focused on growth and value creation at the Queensway project, which covers a significant area of 175,450 hectares with ongoing drilling yielding new discoveries [9][11]. - Mr. Sprott's participation in the private placement is considered a "related party transaction," and the company relied on exemptions from certain approval requirements under Multilateral Instrument 61-101 [7].

VANCOUVER, British Columbia, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQB: MMETF) (“Miata” or the “Company”) is pleased to announce that its exploitation license has been renewed for a period of five years. The Company has further completed its anniversary payments for the option agreement (the “Option Agreement”) on its Sela Creek Gold Project (“Sela Creek” or “the Project”). “We are pleased to have received the renewal of our exploitation license for another five year ...

“THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.” VANCOUVER, Canada, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) announces that, in response to investor demand, it is increasing its non-brokered private placement announced on August 20, 2025 (the "Offering") to 10,000,000 units (the “Units”) for gross proceeds of CAD $1,500,000. The Of ...

CHEYENNE, Wyo., Aug. 27, 2025 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is pleased to announce that Gold King Corp., a wholly-owned subsidiary of U.S. Gold, has executed a contract with Cheyenne Light, Fuel and Power ("CLFP"), a subsidiary of Black Hills Corp., the first step toward construction of the powerline to serve the CK Gold Project leading to the development of its wholly owned CK Gold Project (the "Project") situated in southeast Wyoming, U.S. ...

ANCHORAGE, Alaska, Aug. 27, 2025 /PRNewswire/ - U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining" or the "Company") is pleased to announce that it is well underway with exploration at its 100% owned Whistler Gold-Copper Project (the "Whistler Project" or "Project") for the 2025 field season in Alaska. The program is focused on targeting continued growth through developing new drill targets at the Whistler Orbit and Muddy Creek prospect areas. The Company is also delighted to have recently hosted United ...