Precious Metals Mining
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 AbraSilver Extends Gold Mineralization at Oculto East with Broad Step-Out Intercept
 Thenewswire· 2025-07-15 11:30
Latest Hole Returns 42 m at 0.68 g/t Gold Including 7 m at 1.67 g/t Gold John Miniotis, President and CEO, commented, "These results continue to confirm that Diablillos still has significant room for further growth, as we continue to determine the strike direction of the high-grade gold zone at Oculto East. With three rigs actively drilling this target area, we anticipate steady exploration news flow in the coming weeks and months ahead." Toronto – TheNewswire – July 15, 2025 – AbraSilver Resource Corp. (TS ...
 Nord Files Year End Financials and Announces MCTO Status
 Thenewswire· 2025-07-15 01:15
 Company Update - Nord Precious Metals Mining Inc. has filed its annual financial statements for the year ended December 31, 2024, along with the management discussion and analysis and CEO and CFO certifications, following a management cease trade order issued on May 1, 2025 [1] - The company is also required to file its Q1 interim financial statements for the three-month period ended March 31, 2025, and will continue to issue bi-weekly default status reports until the situation is resolved [2][3]   Company Operations - Nord 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 [5] - The flagship Castle property covers 63 square kilometers and includes the Castle Mine, with drilling delineating 7.56 million ounces of silver in inferred resources averaging 8,582 g/t Ag (250.2 oz/ton) [5] - The company's integrated processing strategy supports the recovery of high-grade silver while also extracting critical minerals such as cobalt and nickel, utilizing a proprietary hydrometallurgical process for producing technical-grade cobalt sulfate and nickel-manganese-cobalt formulations [6]   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 [7]
 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].
 Apollo Silver Enters into Investor Relations Agreement
 Globenewswire· 2025-07-14 11:00
 Group 1 - Apollo Silver Corp. has entered into an investor relations agreement with Matthews Investments for investor relations services, with a monthly fee of C$7000 for an initial term of three months [1][2] - Matthews Investments is led by Richard Matthews, an expert in investor relations with over 15 years of experience, particularly in the mining industry [2] - The agreement is subject to approval by the TSX Venture Exchange [3]   Group 2 - Apollo Silver Corp. is focused on advancing two silver exploration and resource development projects: the Calico Project in California and the Cinco de Mayo Project in Mexico [4]
 Denarius Metals Announces First Shipment from Its Zancudo Project Completed in June 2025
 Newsfile· 2025-07-14 11:00
Denarius Metals Announces First Shipment from Its Zancudo Project Completed in June 2025 July 14, 2025 7:00 AM EDT | Source: Denarius Metals Corp. Toronto, Ontario--(Newsfile Corp. - July 14, 2025) - Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") announced today that it completed its first shipment in late June of high-grade ore mined at its Zancudo Project in Colombia. The Company's local contract miner commenced mining activities in the second quarter of 2025, co ...
 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
 Core Viewpoint - G Mining Ventures Corp. has achieved significant operational milestones at its Tocantinzinho Gold Mine in Brazil, with a notable increase in gold production and processing efficiency in Q2 2025 [1][3][11].   Production Highlights - The Tocantinzinho Gold Mine processed an average of 12,890 tonnes per day over 30 consecutive days, with Q2 2025 gold production reaching 42,587 ounces, a 20% increase from Q1 2025 [1][8]. - Year-to-date gold production for 2025 totals 78,165 ounces, representing 42% of the midpoint of the annual guidance of 175,000 to 200,000 ounces [11][12].   Mining and Processing Activities - In Q2 2025, the mine achieved an average mining rate of approximately 47,900 tonnes per day, an 18% increase from Q1 2025 [10][8]. - The average gold recovery improved to 90.3% in Q2 2025, up from 87.7% in Q1 2025 [8][4]. - The total tonnes processed in Q2 2025 were 1,011,000 tonnes, with an average plant throughput of 11,107 tonnes per day, or 86% of nameplate capacity [4][8].   Operational Improvements - The installation of steel liners in the SAG mill in April 2025 has resolved previous issues with premature wear, leading to improved mill stability and throughput [5][6]. - The mill achieved an average throughput of 96% of nameplate capacity in May and June 2025, with an exceptional 103% in May [6][9].   Future Outlook - The company reaffirms its 2025 production guidance of 175,000 to 200,000 ounces, with expectations for continued operational improvements and increased production in the second half of the year [11][12]. - Additional mine fleet equipment is expected to enhance mining production further in H2 2025 [10].
 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].