VANCOUVER, British Columbia, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the three and nine months ended September 30, 2025. All amounts are presented in United States dollars unless otherwise stated. THIRD QUARTER OF 2025 AND RECENT HIGHLIGHTS On September 30, 20251, we announced the closure of a subscription agreement with Centerra Gold Inc. (“Centerra”), whereby Centerra acq ...

Core Insights - Barton Gold Holdings Limited has successfully raised $20 million in cash, bolstered by a recent $15 million institutional placement and a Share Purchase Plan (SPP) that opened on October 23, 2025 [1] Financial Highlights - The SPP allowed eligible subscribers to purchase new shares at $1.25 each, which is a 3.8% discount to Barton's last traded price of $1.30 before the placement announcement [1] - The share price of $1.25 represents a 7.6% premium to Barton's one-month volume-weighted average price (VWAP) of $1.16 and a 9.2% premium to the last traded price of $1.145 prior to settlement on October 21, 2025 [1] Project Developments - A Definitive Feasibility Study (DFS) is currently underway for 'Stage 1' production at the Central Gawler Mill [1] - Drilling for JORC Mineral Resources is progressing rapidly at the 'Stage 2' Tunkillia Gold Project [1]

Greenheart Gold Confirms Gold Mineralization at Majorodam and Provides an Exploration and Project UpdateNovember 10, 2025 5:07 PM EST | Source: Greenheart Gold Inc.Diamond drilling at Majorodam, Suriname confirms the presence of a mineralized zone at least 800 m long at Heuvel Main in addition to a second zone at Heuvel East.Greenheart Gold has entered into an option to acquire a 100% interest in the Gold Hill project in Guyana, and drops options on its Tamakay and Abuya projects.A 3,000 m tre ...

Group 1 - Palantir Technologies (PLTR), Western Digital (WDC), Albemarle (ALB), Micron Technology (MU), and Newmont Corp. (NEM) were the top five gainers in the S&P 500 index today [2] - Western Digital stock is the top performer in the S&P 500 for the year [2] - Micron and Palantir are also among the top five performers, while Newmont Mining ranks sixth [2] Group 2 - Dow Jones Futures indicate that Amazon, Broadcom, Nvidia, Palantir, and Tesla are significant winners [3] - CoreWeave experienced a decline following earnings reports [3]

I wrote " Good Leverage on Gold and Gold Miners " back in April this year about the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund ETF ( GDMN ), and it has done exceptionally well since then. GDMN is one ofI manage portfolios and write about the world. Long signal, short noise. Macro strategist and investment advisor from Southern California. You can also find me on YouTube and Substack under my name; my weekly newsletter is called The Macro Obsession.Analyst’s Disclosure:I/we have a beneficial lo ...

Core Viewpoint - Talisker Resources Ltd. is accelerating its ore purchase agreement with Ocean Partners, allowing the company to begin shipping gold-bearing material in January 2026, and aims to increase milling capacity to 1,500 tons per day (tpd) [1] Company Overview - Talisker Resources Ltd. is a junior resource company focused on gold exploration and development in British Columbia, Canada, with its flagship asset being the Bralorne Gold Project [2] - The Bralorne Gold Project is fully permitted and currently producing at the Mustang Mine, while Talisker also holds other projects including the Ladner Gold Project and the Spences Bridge Project [2] Production and Capacity Plans - The company plans to amend the production permit for the Bralorne Gold Project to increase the annualized production rate from 175 tpd to 500 tpd, with potential for further increases through the implementation of an ore-sorter [1] - Talisker has initiated the permit amendment process and expects to receive approval from the British Columbia Ministry of Mining and Critical Minerals by Q3 2026 [1]

Summary of OR Royalties 2025 Investor Day Company Overview - **Company**: OR Royalties (NYSE:OR) - **Industry**: Precious metals royalty and streaming sector Key Points and Arguments Market Context - Commodities, particularly silver, have seen a price increase of 2-3%, with silver touching a 3% rise on the day of the meeting [1][2] - The company is optimistic about its growth path and shareholder returns, likening its situation to the positive outlook of sports fans [2] Business Model - OR Royalties operates as a mid-tier royalty and streaming company with a highly efficient and scalable business model [5][6] - The company has 22 producing assets out of a total of around 190, providing significant asset and cash flow diversification [5][6] - The business is insulated from inflationary pressures, boasting a 97% cash margin in the first nine months of 2025 [6] Asset Quality - The cornerstone asset, Canadian Malartic, is recognized as the best royalty in the sector, resulting from a corporate action [7] - The top three assets are operated by established companies: Agnico Eagle, Capstone Copper, and Harmony Gold [8] - 95% of gold equivalent ounces are in precious metals, with 30% of GEOs in silver [8] Financial Performance - The company has undergone significant deleveraging, reducing debt from approximately $300 million to $120 million in cash with no debt [9] - The U.S. federal government debt is at $38 trillion against a GDP of $29 trillion, leading to a debt-to-GDP ratio of about 125%, the highest since WWII [14][15] Macroeconomic Factors - Global debt levels and unsustainable deficits in major economies are expected to drive demand for gold [10][11][14][16] - Central banks are diversifying away from the U.S. dollar, contributing to a constructive environment for gold [17] Sustainability and ESG - OR Royalties integrates environmental, social, and governance (ESG) considerations into investment decisions, maintaining a prime rating by ISS ESG [24] - The company has rejected over $350 million in potential deals due to non-compliance with ESG standards [26] - Community investments have reached close to $1 million since 2021, with a focus on education, social contributions, and environmental initiatives [27] Growth Assets - **Mantos Blancos**: A key asset located in northern Chile, producing copper and silver concentrate, with a forecast of over 12,000 GEOs for the year [30] - **Dalgaranga**: Expected to be the next producing asset, with a 1.44% gross revenue royalty acquired from Remilius Resources [50] Future Outlook - The company anticipates a 40% growth in its asset base over the next five years, with no contingent capital required for this growth [20] - The phase two expansion of Mantos Blancos is expected to increase production capacity to 27,000 tons per day, with first production anticipated in late 2028 or early 2029 [43][44] Analyst Sentiment - The average target price from analysts is over $61, implying a potential gain of 36%-37% from current levels [19] Additional Important Content - The company emphasizes the importance of maintaining strong relationships with mining partners and continuously monitoring ESG commitments [26][28] - The management team has a strong average tenure of seven years, contributing to the company's operational stability [4]

Core Insights - Barrick Mining is reassessing its core gold operations in Nevada to identify opportunities for production enhancement following the departure of its former chief executive [1] Company Actions - The company is actively seeking ways to boost production in its Nevada operations, indicating a strategic shift in management focus [1]

Core Insights - Royal Gold, Inc. (RGLD) reported a 4% increase in shares following the release of third-quarter 2025 results, which showcased record revenues and improved earnings [1] - The company achieved adjusted earnings per share (EPS) of $2.06, up from $1.47 in the same quarter last year, but fell short of the Zacks Consensus Estimate of $2.30 [1][7] - Total revenues reached a record $252 million, reflecting a 30% year-over-year increase, driven by higher average metal prices and increased production from key mines [2][7] Financial Performance - RGLD's stream revenues were $166 million, a 24.8% increase year over year, while royalty revenues rose to $86 million, up 41.5% [2] - The cost of sales for the quarter was $31 million, compared to $27 million in the prior year, with general and administrative expenses remaining flat at $10 million [3] - Adjusted EBITDA was reported at $206 million, marking a 30.5% year-over-year increase, with an adjusted EBITDA margin of 82%, slightly up from 81% in the previous year [3] Cash Position - Net cash from operating activities was $174 million, an increase from $137 million in the prior-year quarter, with cash and cash equivalents at approximately $173 million, down from $195 million at the end of 2024 [4] Recent Developments - On October 20, 2025, RGLD completed the acquisition of Sandstorm Gold Ltd. and Horizon Copper Corp., although their results were not included in the third-quarter financials [5] - Sandstorm reported revenues of $57.5 million for the quarter, while Horizon's revenues were $6 million [5] Stock Performance - Over the past year, Royal Gold's shares have increased by 23.8%, in contrast to the industry's growth of 97.4% [6] Peer Comparisons - Newmont Corporation (NEM) reported adjusted earnings of $1.71 per share, with revenues of $5.52 billion, up 20% year over year [10] - Agnico Eagle Mines Limited (AEM) posted adjusted earnings of $2.16 per share and revenues of $3.06 billion, reflecting a 41.9% year-over-year increase [11] - Kinross Gold Corporation (KGC) registered adjusted earnings of 44 cents per share, with revenues rising 25.8% year over year to $1.80 billion [12]

Financial Data and Key Metrics Changes - Barrick reported record operating cash flow, free cash flow, and adjusted net earnings for Q3 2025, with free cash flow increasing by 274% quarter-over-quarter [10][11] - The company ended the quarter with a net cash position, allowing for a 25% increase in the base dividend and a significant share repurchase program totaling $598 million [10][11] - Attributable EBITDA increased by 20% quarter-over-quarter, driven by higher gold prices and production volume growth [10][11] Business Line Data and Key Metrics Changes - Gold production increased by 4% from Q2, with notable contributions from Kibali, Cortez, and Turquoise Ridge [8][13] - Copper production slightly declined due to a planned shutdown at Lumwana, but is expected to meet annual guidance [8][16] - North America's attributable EBITDA rose by 19% from Q2, with all sites reporting lower unit costs per ounce [13] Market Data and Key Metrics Changes - The gold price experienced a 5% increase, contributing to a 25% quarter-on-quarter increase in attributable gold EBITDA [8] - The company anticipates continued growth in both gold and copper production in Q4, aligning with its 2025 production guidance [9][17] Company Strategy and Development Direction - The company is focusing on enhancing operational performance and safety, particularly in its North American gold assets [4][5] - Barrick is prioritizing the Fourmile project, which is considered one of the most significant gold discoveries of the century, with plans to double the existing resource [14][19] - The company aims to maintain a strong balance sheet while investing in growth and returning excess cash to shareholders [11][12] Management's Comments on Operating Environment and Future Outlook - Management emphasized the importance of safety and operational performance, especially following three fatalities in the quarter [6][7] - The operational review aims to stabilize and improve consistency in production, with no major changes expected in medium-term guidance [31][32] - The company is optimistic about achieving its production guidance for both gold and copper, despite the challenges faced [17] Other Important Information - The company has increased its exploration budget for Fourmile by over $10 million for the remainder of 2025 [14] - Asset sales, including Hemlo and Tongon, are expected to close before the end of the year, further strengthening the company's financial position [11] Q&A Session Summary Question: Can you provide a framework for the operational review at Nevada Gold Mines? - The operational review focuses on stabilizing operations and improving maintenance approaches to avoid unexpected downtimes [22][23] Question: Is there any update on the maintenance issues at Carlin? - The scaling issue at Gold Quarry occurred post-maintenance shutdown and has been addressed [24][25] Question: What is the expected output of the operational review? - The review aims to provide more predictable outcomes and will inform next year's budget, but no major changes are anticipated [30][31] Question: Are there any other potential areas for asset sales? - Currently, the focus remains on North America and key growth projects, with no immediate plans for additional asset sales [39] Question: What changes in corporate policies can be expected under the new leadership? - The strategy remains consistent, with an increased focus on North America and Nevada as key growth areas [81]