Core Insights - Galiano Gold Inc. (NYSE: GAU) reported disappointing results, including higher All-In Sustaining Costs (AISC), lower gold output, and a net loss, indicating challenges in its operations [1] Financial Performance - The company experienced a net loss, which raises concerns about its financial health and operational efficiency [1] - The increase in AISC suggests rising costs associated with gold production, which could impact profitability [1] - A decline in gold output may affect revenue generation and market position [1] Market Position - Despite the negative financial indicators, the analysis suggests that the situation may not be typical for the company, implying potential underlying factors that could influence future performance [1]

(All amounts expressed in U.S. dollars unless otherwise noted) VANCOUVER, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC: ASGOF) (“Asante” or the “Company”) is pleased to announce that it has received $470 million in credit and equity commitments, forming the foundation of a comprehensive financing solution that, when completed, would fully fund the Company’s growth plans and recapitalize its short-term liabilities. This includes a ...

Core Points - Sienna Resources Inc. has successfully closed a non-brokered private placement under the Listed Issuer Financing Exemption, raising gross proceeds of $499,957.50 by selling 4,761,500 units at a price of $0.105 per unit [1] - Each unit consists of one common share and one transferable share purchase warrant, which can be exercised at a price of $0.14 for a period of 60 months [1] - The net proceeds will be allocated for general working capital and to fund exploration and development activities on existing projects [2] Financial Details - The company paid a cash finder's fee of $10,080.53 and issued 96,005 non-transferable finder's warrants, each exercisable at $0.14 for 24 months [2] - The financing is expected to provide the company with the necessary resources to initiate fieldwork and exploration activities during the summer [4] Project Focus - Sienna's immediate priority is the Stonesthrow Gold Project in Saskatchewan, covering approximately 31,718 contiguous acres [3] - The company is also evaluating its Case Lake lithium project in Ontario and its lithium assets in Nevada [3] Management Commentary - Jason Gigliotti, President of Sienna, emphasized the potential of the Stonesthrow Gold Project due to its strategic location and scale, indicating a phase of growth focused on active exploration and value creation [4]

Company Overview - Torex Gold Resources Inc. is an intermediate gold producer based in Canada, focusing on the exploration, development, and operation of its 100% owned Morelos Property, which spans 29,000 hectares in the Guerrero Gold Belt, located 180 kilometers southwest of Mexico City [2][3]. Key Assets - The principal asset of the company is the Morelos Complex, which includes the producing Media Luna Underground, ELG Underground, and ELG Open Pit mines, as well as the development stage EPO Underground Project and a processing plant [3]. Production and Development - Commercial production from the Morelos Complex commenced on April 1, 2016, and an updated Technical Report for the Morelos Complex was released in March 2022 [3]. Strategic Objectives - Torex's strategic objectives include delivering Media Luna to full production, building EPO, optimizing production and costs at Morelos, growing reserves and resources, disciplined growth and capital allocation, attracting top industry talent, and leading in responsible mining [4]. Growth and Diversification - The company aims to realize the full potential of the Morelos Property while seeking opportunities to acquire assets that enable diversification and deliver value to shareholders [4].

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]

Industry Overview - Gold prices have been on an upward trend, influenced by geopolitical tensions in the Middle East and ongoing conflicts in Ukraine, which have increased demand for gold as a safe-haven investment [1][2] - The World Gold Council indicates a scarcity of gold deposits in the mining industry, while central banks in emerging economies continue to purchase gold, further driving demand [4] - Major investment banks like Goldman Sachs and JP Morgan predict gold prices could reach $4,000 per ounce by 2026, indicating a bullish outlook for the gold market [5] Company Highlights Franco-Nevada Corp. (FNV) - FNV is expected to achieve a 39.6% earnings growth in 2025, with a 3.7% increase in earnings estimates over the last 30 days [8][11] - The company has a debt-free balance sheet and focuses on expanding its portfolio and paying dividends, benefiting from rising gold prices [10] - Expected revenue growth rate for FNV is 32.2% for the current year [11] Newmont Corp. (NEM) - NEM is progressing with growth projects, including the Tanami expansion and the Ahafo North project, which is set to begin commercial production in the second half of 2025 [12][13] - The company has an expected revenue growth rate of 2% and earnings growth rate of 20.1% for the current year, with a 6.6% improvement in earnings estimates over the last 30 days [13] Kinross Gold Corp. (KGC) - KGC is focusing on organic growth through its Tasiast mine and has several promising projects that are expected to enhance production and cash flow [14][15] - The company anticipates a 15.3% revenue growth and a 63.2% earnings growth for the current year, with a 6.7% increase in earnings estimates over the last 30 days [16] AngloGold Ashanti plc (AU) - AU operates in multiple regions and has a flagship property in Tanzania, with an expected revenue growth rate of 51.1% and earnings growth of over 100% for the current year [17][18] - The Zacks Consensus Estimate for current-year earnings has improved by 41.1% over the last 30 days [18] Harmony Gold Mining Co. Ltd. (HMY) - HMY is advancing key projects like the Wafi-Golpu copper-gold deposit and the Eva Copper project, which are expected to enhance production significantly [19][20] - The company has an expected revenue growth rate of 1% and earnings growth of over 100% for the current year, with a 22.2% improvement in earnings estimates over the last 30 days [21]

Core Viewpoint - TDG Gold Corp has entered into an amalgamation agreement with Anyox Copper Ltd to acquire the Anyox Copper project, enhancing its position in the mining sector of British Columbia [1][4] Transaction Details - The acquisition will be executed through a three-cornered amalgamation under the Business Corporations Act (British Columbia) [1] - The company has secured a bought deal private placement with BMO Capital Markets and Clarus Securities, raising C$25 million in gross proceeds to support the transaction [1][19] Strategic Positioning - The combination of Anyox Copper and TDG's existing projects provides exposure to precious metals and critical minerals in established mining districts [2] - Post-transaction, TDG will have over C$40 million in cash, enabling nearly year-round exploration activities [2] Management Changes - Paul Geddes, currently CEO of Anyox, will join TDG as Vice President of Corporate Development, focusing on operational excellence and growth [3][4] Exploration Plans - TDG's immediate priority is the Greater Shasta-Newberry project, with plans to resume exploration activities supported by the expanded treasury [5] - The Anyox project will allow for exploration at different times of the year, extending the exploration season across two mining districts [5] Board Changes - Michael Kosowan has been appointed as Chair of the Board, succeeding Stephen Quin, who will remain as a director [6] Share Consolidation - The company intends to seek shareholder approval for a five-for-one share consolidation to enhance its appeal to investors [7] Anyox Copper Project Overview - The Anyox project is located in British Columbia's 'Golden Triangle' and includes the historical Hidden Creek copper mine, which produced approximately 750 million pounds of copper from 1914 to 1935 [10][12] Financial Projections - The proceeds from the concurrent financing will be allocated to exploration activities, including C$8 million for the Greater Shasta-Newberry project and C$5 million for the Anyox project [23]

MONTREAL, June 17, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce the final assay results from the Southwest Zone (“Southwest”) as part of its ongoing 2025 Exploration Program (see February 4, 2025 press release) at its Troilus Project located in northcentral Quebec, Canada. The now concluded Southwest drill program focused on identifying and delineating higher-grade mineralization and enhancing confidence in the block model ...

TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to announce that the Government of Nova Scotia has deemed the Company’s application for an Industrial Approval of a Surface Gold Mine to be complete for the Company’s 100% owned Goldboro Gold Project (“Goldboro”), located in eastern Nova Scotia. The application will now undergo a final review, with an expected date of completion within 60 days of the notice. The Industrial Appro ...

TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce additional high-grade assay results from grade-control drilling at Trench 1, as well as the commencement of bulk sample extraction at the 007 North site on its 100%-owned Pardo Gold Project, located 65 km northeast of Sudbury, Ontario. Highlights Initial assay results from 16 shallow grade-control drill holes (within 8 metres of surface) at the Trench 1 site returned an average g ...