Precious Metals Mining

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Sierra Madre Announces Strong Q2 2025 Financial Results, Ramps up Coloso Mine at La Guitarra
Newsfile· 2025-08-21 21:14
Core Insights - Sierra Madre Gold and Silver Ltd. reported revenues of $5.4 million and a gross profit of $1.3 million for Q2 2025, marking growth compared to Q1 2025 despite production challenges due to seasonal rains [1][2] - The company successfully closed a C$19.5 million private placement to enhance operational capabilities and fund future projects [1][2] Financial Performance - Net revenues for Q2 2025 increased by 10.7% to $5.36 million, with silver revenues totaling $2.18 million and gold revenues totaling $3.59 million [3] - The company sold 173,562 silver equivalent ounces in Q2 2025, compared to 165,093 ounces in Q1 2025 [3] - Cost of sales was $4.07 million for Q2 2025, resulting in an all-in sustaining cost of $30.10 per AgEq ounce sold [3] Operational Highlights - The company milled 41,235 tonnes of material in Q2 2025, with silver recoveries averaging 76.62% and gold recoveries averaging 77.95% [7] - Production for Q2 2025 included 66,011 ounces of silver and 1,048 ounces of gold, down from 70,176 ounces of silver and 1,001 ounces of gold in Q1 2025 [7] - The Coloso mining center is expected to ramp up production as development work continues, with anticipated improvements in head grades [5][7] Future Outlook - The company expects improved head grades and increased production in the second half of 2025, driven by ongoing development and de-watering efforts [5] - Plans for a plant expansion are underway to increase processing capacity beyond the current 500 tonnes per day [2][5]
Asia Broadband Gold and Silver Production Upward Trend Continues In Second Quarter, As Its Ore Stockpile Processing Plant’s Second Phase Installation Advances Towards Completion
Globenewswire· 2025-08-21 12:00
LAS VEGAS, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the results for the 2 quarter ending June 30, 2025, were published recently confirming the Company has exceeded its production and gross profit levels achieved in the 1 quarter. Higher grade recoveries and increased daily throughput levels with the economies of scale reducing costs contributed to the growth in bottom-line gross profit for each of the last two quarters. The upwar ...
Tier One Silver Announces Termination of LIFE Offering
Newsfile· 2025-08-21 11:00
Core Viewpoint - Tier One Silver Inc. has announced that its proposed private placement equity financing will not proceed, and the company will return any advanced funds to participating subscribers and their brokers [1]. Group 1: Financing and Future Plans - The company is actively seeking alternative financing options and will make an announcement once arrangements are made [2]. - The private placement was offered under a listed issuer financing exemption (LIFE) and was initially filed on June 23, 2025 [1]. Group 2: Company Overview - Tier One Silver is an exploration company focused on discovering valuable silver, gold, and copper deposits in Peru, with a primary focus on its flagship project, Curibaya [3]. - The management and technical teams of the company have a strong track record in capital raising, discovery, and monetization of exploration success [3].
EMX Highlights an Updated MRE and Other Advancements at the Diablillos Silver-Gold Royalty Property in Argentina
Newsfile· 2025-08-20 11:30
August 20, 2025 7:30 AM EDT | Source: EMX Royalty Corp. Vancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the "Company" or "EMX") congratulates AbraSilver Resource Corp. ("AbraSilver") on its recent updated Diablillos mineral resource estimate ("MRE") that increased total open pit constrained, oxide mineral resources to 199 million ounces of contained silver (+34%) and 1.72 million ounces of contained gold (+27%) in the measured and i ...
These 3 Surging Gold & Silver Stocks Just Boosted Dividends
MarketBeat· 2025-08-19 11:05
Core Viewpoint - The surge in precious metal prices is leading to increased profits for mining companies, resulting in higher dividends for investors Group 1: Pan American Silver (PAAS) - Pan American Silver has increased its quarterly dividend by 20% due to strong silver gains, with a current dividend yield of 1.51% and an annual dividend of $0.48 [1][3] - In Q2 2025, the company produced 5.1 million ounces of silver and approximately 178,000 ounces of gold, achieving record basic earnings per share (EPS) of 52 cents and free cash flow of $33 million [2][3] - The total return for Pan American Silver shares in Q2 2025 was over 58%, with silver prices rising by 32% and gold prices by 27% [2] Group 2: AngloGold Ashanti (AU) - AngloGold Ashanti has announced a 16% increase in its interim dividend to $0.80 per share, supported by a 149% increase in free cash flow [5][7] - The company produced 804,000 ounces of gold in Q2 2025, a 21% increase from the previous year, with the average gold price rising by 41% to $3,287 [6][7] - The current dividend yield for AngloGold Ashanti is approximately 2.2%, with a payout ratio of 50% of free cash flow [8] Group 3: Triple Flag Precious Metals (TFPM) - Triple Flag Precious Metals has increased its annual dividend by 5% to $0.23, with a current dividend yield of 0.85% [9][10] - The company reported a record operating cash flow of 38 cents per share, a 50% increase, and achieved 57,000 gold equivalent ounces (GEOs) in the first half of the year [10][11] - The total return for Triple Flag Precious Metals in 2025 was 75% [11]
MAG Announces Election Deadline for Arrangement with Pan American
Globenewswire· 2025-08-18 23:15
Core Viewpoint - MAG Silver Corp. has obtained all necessary approvals for the Arrangement with Pan American Silver Corp., except for the Mexican competition approval, and shareholders must elect their preferred consideration by August 27, 2025 [1][7]. Group 1: Arrangement Details - The Arrangement involves MAG shareholders receiving either $20.54 in cash or a combination of $0.0001 in cash and 0.755 of a Pan American Share for each MAG Share held [1]. - The total consideration for all MAG shareholders will consist of $500 million in cash and the remaining consideration in Pan American Shares, subject to proration [4]. - If shareholders do not make a proper election, they will automatically receive the Share Consideration, also subject to proration [4]. Group 2: Election Process - Registered holders of MAG Shares must submit a completed Letter of Transmittal and Election Form to Computershare Investor Services Inc. by the Election Deadline [2]. - Non-registered holders should follow their intermediary's instructions for making an election and verify their election status before the Election Deadline [3]. Group 3: Company Overview - MAG Silver Corp. is a Canadian mining and exploration company focused on high-grade precious metals projects, with a significant joint venture in the Juanicipio Mine [8]. - The company is also engaged in exploration programs at the Deer Trail Project in Utah and the Larder Project in Canada [8].
Royalty And Streaming Giants Report Blockbuster Results
Forbes· 2025-08-18 18:30
Group 1: Inflation and Economic Indicators - The Producer Price Index (PPI) in the U.S. increased by 0.9% in July from the previous month and 3.3% year-over-year, marking the largest monthly increase in three years [3][5] - Services were the primary driver of the PPI increase, rising by 1.1% in July, indicating that companies may be passing higher import costs to consumers [5][24] - The PPI report has influenced expectations regarding Federal Reserve rate cuts, with traders still anticipating a reduction in September, but the likelihood of a significant half-point cut has decreased [6][24] Group 2: Gold Market Dynamics - Gold prices have remained resilient, trading near historic highs, with spot prices consolidating in the mid-$3,300s after reaching an all-time high of $3,500 per ounce in April [7][8] - Factors contributing to gold's steady performance include inflation concerns, a weaker U.S. dollar, central bank demand, and expectations of lower interest rates [8][27] - Gold-backed exchange-traded funds (ETFs) saw inflows of $3.2 billion in July, bringing total assets under management to $386 billion, indicating strong investor interest [10] Group 3: Royalty and Streaming Companies - Royalty and streaming companies have reported record quarterly results, with Franco-Nevada achieving revenue of $369.4 million, up 42% year-over-year, and Wheaton Precious Metals generating $503 million in revenue [16][17] - These companies provide upfront financing to miners in exchange for a portion of future production, offering lower risk exposure and strong cash flow [13][14] - The model of royalty and streaming companies is seen as a balanced approach between owning bullion and traditional mining equities, capturing upside in rising gold prices while providing downside protection [15][20] Group 4: Traditional Miners and Market Outlook - Traditional gold miners are regaining favor, with UBS analysts upgrading their outlook on the sector due to improved capital management and rebuilding investor trust [21] - If gold prices remain stable, there is potential for increased stock buybacks and merger and acquisition activity among miners [22] - The ongoing inflationary environment and tariff impacts are expected to shift costs to consumers, reinforcing gold's role as a hedge against inflation [24][25]
Fortuna drills 4.5 g/t Au over 37.4 meters at Kingfisher and 11.2 g/t Au over 5.6 meters at Sunbird, Séguéla Mine, Côte d’Ivoire
Globenewswire· 2025-08-18 09:00
VANCOUVER, British Columbia, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report updated exploration drilling results from the Kingfisher and Sunbird deposits at the Séguéla Mine in Côte d'Ivoire. The apparent moderate northerly plunge interpreted for the Kingfisher mineralization is atypical for Séguéla, where a moderate southerly plunge is more common. This variation is interpreted as being related to localized dextral movement along the main shear corridor. ...
Fortuna drills 4.5 g/t Au over 37.4 meters at Kingfisher and 11.2 g/t Au over 5.6 meters at Sunbird, Séguéla Mine, Côte d'Ivoire
GlobeNewswire News Room· 2025-08-18 09:00
Core Viewpoint - Fortuna Mining Corp. has reported promising exploration drilling results from the Kingfisher and Sunbird deposits at the Séguéla Mine in Côte d'Ivoire, indicating significant mineralization and potential for resource expansion [1][2]. Kingfisher Deposit Highlights - A successful infill drill program at Kingfisher confirmed broad mineralization, with notable intersections including 4.5 g/t Au over an estimated true width of 37.4 meters from 79 meters in drill hole SGRD2363 [2][3]. - Additional highlights include: - 9.4 g/t Au over an estimated true width of 17.0 meters from 105 meters in drill hole SGRD2313, including 58.1 g/t Au over 0.9 meters [3]. - 5.6 g/t Au over an estimated true width of 22.1 meters from 83 meters in drill hole SGRD2349, including 63.1 g/t Au over 0.9 meters [3]. - A total of 78 drill holes, totaling 13,262 meters, have been completed at Kingfisher, with ongoing drilling planned through 2025 [3]. Sunbird Deposit Highlights - Drilling at the Sunbird deposit has also returned excellent results, including 8.5 g/t Au over an estimated true width of 7.0 meters from 566 meters in drill hole SGRD2431 [2][8]. - Additional highlights include: - 10.4 g/t Au over an estimated true width of 4.9 meters from 483 meters in drill hole SGRD2427 [8]. - 11.2 g/t Au over an estimated true width of 5.6 meters from 479 meters in drill hole SGRD2409 [9]. - A total of 41 drill holes, totaling 17,532 meters, have been completed at Sunbird, with drilling scheduled to continue until the end of 2025 [8][9]. Geological Insights - The Kingfisher mineralization exhibits a moderate northerly plunge, which is atypical for the region, suggesting localized geological movements [4]. - Mineralization remains open at depth and along strike for both deposits, indicating further exploration potential [2][10]. Quality Control and Methodology - All drilling was conducted under the supervision of Fortuna personnel, adhering to standardized procedures and methodologies [11][12]. - Reverse Circulation (RC) and Diamond Drilling (DD) methods were employed, with rigorous quality assurance and control measures in place [13][14][15]. Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with a focus on sustainable operations and stakeholder relationships, operating three mines and holding exploration projects in multiple countries [18].
Starcore Reports First Quarter Production Results
Newsfile· 2025-08-18 06:30
Core Insights - Starcore International Mines Ltd. reported production results for the first fiscal quarter ended July 2025 at its San Martin Mine in Queretaro, Mexico, highlighting a focus on optimizing the CIL process for carbonaceous ore [1][2] Production Results - The company produced 166 equivalent gold ounces from milling 5,370 tons of stockpiled ore with a gold grade of 1.91 g/t and a silver grade of 17.5 g/t, achieving recoveries of 75% for gold and 65% for silver [2] - For the quarter, the San Martin Mine milled 54,247 tonnes, producing 2,130 gold equivalent ounces, which is a 9% decrease from the previous quarter [4] - The gold grade for the quarter was 1.47 g/t, down 6% from the previous quarter, while the silver grade was 12.88 g/t, an 18% decrease [4] Recovery Rates - Gold recovery for the quarter was 77.42%, a decline of 5% from the previous quarter, and silver recovery was 54.78%, down 3% [4] - The company identified issues with lower recoveries from oxide ore due to preg-robbing effects caused by clays in the ore, which absorb gold and silver during processing [3] Operational Developments - The new CIL plant is seen as a viable alternative for processing ore that cannot be treated by cyanidation, particularly for ore from the San Jose Mine [4] - The San Jose Mine area has considerable reserves being developed to feed the oxide plant, although recoveries from this area are lower than those from the San Martin ore [3] Company Overview - Starcore International Mines focuses on precious metals production, primarily in Mexico, and is involved in exploration and development projects across North America and Côte d'Ivoire [5]