Precious Metals

Search documents
Silver's Ascent With The SLV ETF Product
Seeking Alpha· 2025-07-14 20:47
Core Insights - The Hecht Commodity Report is recognized as one of the most comprehensive commodities reports available, covering market movements of over 29 different commodities [1] - The report provides various market calls including bullish, bearish, and neutral, along with directional trading recommendations and actionable ideas for traders and investors [2] Group 1 - The report includes detailed analysis and insights on the movements of 20 different commodities, offering a range of trading strategies [2] - The author maintains positions in commodities markets, including futures, options, ETF/ETN products, and commodity equities, with a current long position in silver and other precious metals [3]
USD weakness could reignite gold rally as semis drive silver demand and platinum jewelry production heats up – Heraeus
KITCO· 2025-07-14 19:46
Core Insights - The article discusses the expertise of Ernest Hoffman, a Crypto and Market Reporter for Kitco News, highlighting his extensive background in market news and journalism [3]. Group 1 - Ernest Hoffman has over 15 years of experience in writing, editing, broadcasting, and producing for various media and cultural organizations [3]. - He began his career in market news in 2007, establishing a broadcast division that created a fast web-based audio news service [3]. - Hoffman has a Bachelor's degree in Journalism from Concordia University [3].
Here is Why Growth Investors Should Buy Wheaton Precious Metals (WPM) Now
ZACKS· 2025-07-14 17:46
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill this potential is challenging [1] Group 1: Company Overview - Wheaton Precious Metals Corp. (WPM) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 6.3%, but projected EPS growth for this year is expected to be 56.4%, significantly surpassing the industry average of 29.7% [5] Group 2: Financial Metrics - Current year cash flow growth for Wheaton Precious Metals is 18.6%, which is notably higher than the industry average of -2.1% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 11.7%, compared to the industry average of 6.8% [7] Group 3: Earnings Estimates - The current-year earnings estimates for Wheaton Precious Metals have been revised upward, with the Zacks Consensus Estimate increasing by 4.2% over the past month [9] - The positive trend in earnings estimate revisions contributes to Wheaton Precious Metals achieving a Zacks Rank 1 (Strong Buy) [10]
First Majestic Silver: Profits May Triple As Silver Soars While Costs Slip
Seeking Alpha· 2025-07-14 17:24
Core Insights - Silver prices have reached a peak of $38 per ounce, marking the highest level in the past decade, with a bull market beginning in early 2024 when prices were around $22 per ounce [1] Group 1: Market Performance - The rise in silver prices occurred in two phases during the first six months of 2024 [1] Group 2: Analyst Background - The analyst, Harrison, has been writing on Seeking Alpha since 2018 and has over a decade of market experience, with a professional background in private equity, real estate, and economic research [1]
SLVR: A Good ETF In A Likely Overbought Silver Market
Seeking Alpha· 2025-07-12 12:41
Price Action Summary - The price of silver has experienced significant movement over the past month, breaking out into the $36 range after fluctuating between $30 and $34 per ounce since last summer [1]
Platinum Group Metals Ltd. Reports Third Quarter 2025 Results
Newsfile· 2025-07-11 21:00
Core Viewpoint - Platinum Group Metals Ltd. is focused on advancing the Waterberg Project in South Africa, which is projected to be one of the largest and lowest-cost underground platinum group metals mines globally [1][23]. Financial Results - For the nine months ended May 31, 2025, the company reported a net loss of $3.40 million, an improvement from a net loss of $4.02 million in the same period in 2024 [14]. - General and administrative expenses increased to $2.78 million from $2.57 million year-over-year, while stock-based compensation decreased to $0.79 million from $1.61 million [14]. - Basic and diluted loss per share was $0.03, compared to $0.04 for the same period in 2024 [15]. Project Development - The Waterberg Project is owned by Waterberg JV Resources, with Platinum Group holding a 37.32% interest [5]. - The company aims to finalize construction financing and concentrate offtake agreements to advance the Waterberg Project to a development and construction decision [2][23]. - An interim budget of Rand 42 million (approximately $2.27 million) was approved to continue work programs for the Waterberg Project [7]. Recent Events - A non-brokered private placement raised $1.0 million by issuing 800,000 common shares at $1.26 each, allowing a major shareholder to regain a 26% interest in the company [6]. - The company entered into an Equity Distribution Agreement to distribute up to $50 million of common shares through an at-the-market equity program [8][10]. Smelting and Refining Initiatives - A memorandum of understanding was signed with Ajlan & Bros for establishing a platinum group metals smelter and base metal refinery in Saudi Arabia [11]. - The company is conducting a trade-off study to assess the feasibility of exporting PGM concentrate from South Africa to Saudi Arabia [20][22]. Market Outlook - The company is exploring new applications for PGMs in battery technologies through its initiative with Lion Battery Technologies [2][29]. - Despite recent global tariffs raising market uncertainties, platinum and palladium prices have been increasing due to strong demand and supply concerns [30][32]. Environmental, Social, and Governance (ESG) - The company received a BBB score in its fourth annual ESG disclosure report, indicating a commitment to improving ESG performance [33][34].
Kingman Minerals Ltd. Announces AGM Extension and Non-Brokered Private Placement
Newsfile· 2025-07-11 19:50
Core Viewpoint - Kingman Minerals Ltd. has received approval to extend the deadline for its Annual General Meeting to October 21, 2025, and plans to complete a non-brokered private placement of up to $504,000 [1][6]. Financing Details - The company intends to issue up to 7,200,000 units at a price of $0.07 per unit, with each unit consisting of one common share and one warrant [2]. - Each warrant will allow the holder to purchase an additional common share at an exercise price of $0.09 for 24 months from the closing date of the offering [2]. - Finder's fees of 6.0% of gross proceeds may be paid, along with finder's warrants equal to 6.0% of the units sold [3]. Use of Proceeds - The net proceeds from the offering will be used for working capital and to advance the preparation and permitting of an exploration plan at the Mohave Project, including the historic Rosebud Mine in Arizona [3]. AGM Extension - The company was required to hold its AGM by August 21, 2025, but has received an extension to October 21, 2025, to ensure adequate preparation [6][7]. - This extension allows the company to complete necessary corporate, regulatory, and administrative preparations for the AGM [7]. Related Party Transactions - Certain insiders of the company are expected to acquire units in the offering, which will be considered related party transactions [5]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements due to the fair market value of related party participation being below 25% of its market capitalization [5]. Company Overview - Kingman Minerals Ltd. is focused on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [9][10].
G Mining Ventures Achieves Nameplate Capacity at Tocantinzinho; Q2 2025 Production Results Released
Prnewswire· 2025-07-11 16:08
BROSSARD, QC, July 8, 2025 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that its Tocantinzinho Gold Mine ("TZ") in the State of Pará, Brazil reached a major operational milestone, with the processing plant operating at an average of 12,890 tonnes per day ("tpd") over 30 consecutive days. The Corporation also reports gold ("Au") production for the second quarter of 2025 of 42,587 ounces ("oz").Second Quarter 2025 Production Highlights ...
MAG Shareholders Approve the Proposed Acquisition by Pan American
GlobeNewswire· 2025-07-10 23:01
Core Viewpoint - MAG Silver Corp. has received approval from its shareholders for the acquisition by Pan American Silver Corp. through a plan of arrangement, indicating strong shareholder support for the transaction [1][2]. Shareholder Approval - The special resolution for the acquisition was approved by 99.52% of the votes cast by MAG shareholders present or represented at the meeting [2]. - A total of 61,077,441 common shares were represented at the meeting, accounting for 59.03% of the total issued and outstanding MAG shares [2]. Terms of the Arrangement - Under the arrangement, MAG shareholders can choose to receive either $20.54 in cash for each MAG share or a combination of $0.0001 in cash and 0.755 of a common share in Pan American [3]. - The total cash consideration for all MAG shareholders is capped at $500 million, with the remainder paid in Pan American shares [3]. Next Steps for Completion - Following shareholder approval, MAG will seek a final order from the Supreme Court of British Columbia to approve the arrangement, with a hearing scheduled for July 14, 2025 [5]. - The completion of the arrangement is contingent upon receiving necessary regulatory approvals and satisfying customary closing conditions, with an expected closing in the second half of 2025 [5]. Company Overview - MAG Silver Corp. is a Canadian mining and exploration company focused on high-grade precious metals projects in the Americas, including a 44% joint venture interest in the Juanicipio Mine in Mexico [6]. - The company is also engaged in exploration programs at the Deer Trail Project in Utah and the Larder Project in Canada [6].
Endeavour Silver Announces At-the-Market Offering of up to US$60 Million
GlobeNewswire News Room· 2025-07-10 21:42
Core Viewpoint - Endeavour Silver Corp. has entered into a sales agreement to raise up to US$60 million through the sale of common shares over approximately 24 months, utilizing various financial agents for the offering [1][2]. Group 1: Offering Details - The offering will be conducted via a prospectus supplement dated July 10, 2025, linked to the existing U.S. registration statement and Canadian base shelf prospectus [2]. - The common shares will be sold at market prices prevailing at the time of each sale, with no sales occurring on the Toronto Stock Exchange [1][2]. - The company will pay the agents a compensation of 2.00% of the gross sales price per common share sold under the sales agreement [4]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to advance the evaluation and development of the Pitarrilla and Parral properties, fund cash requirements during the ramp-up of operations at the Terronera project, assess potential acquisition opportunities, continue exploration at existing properties, and support working capital needs [3]. Group 3: Company Overview - Endeavour Silver is a mid-tier precious metals company focused on sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [6].