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NEW PACIFIC ANNOUNCES 2025 AGM RESULTS
Prnewswire· 2025-11-29 00:13
Core Points - New Pacific Metals Corp. held its annual meeting of shareholders on November 28, 2025, where all matters submitted for approval were approved by the requisite majority of votes cast [1] - A total of 144,270,137 common shares were represented at the AGM, accounting for 78.53% of the votes attached to all outstanding shares [1] - The voting results for the election of directors showed high approval rates, with Dickson Hall receiving 99.85% of votes for his position [1] - Deloitte LLP was re-appointed as auditors for the upcoming year [1] Voting Results - Dickson Hall: 135,140,930 votes for (99.85%), 200,833 votes withheld (0.15%) [1] - Martin Wafforn: 134,236,324 votes for (99.18%), 1,105,439 votes withheld (0.82%) [1] - Maria Tang: 135,067,624 votes for (99.80%), 274,139 votes withheld (0.20%) [1] - Jalen Yuan: 135,174,921 votes for (99.88%), 166,842 votes withheld (0.12%) [1] - Paul Simpson: 130,632,805 votes for (96.52%), 4,708,958 votes withheld (3.48%) [1] - Myles Gao: 135,201,511 votes for (99.90%), 140,252 votes withheld (0.10%) [1] Company Overview - New Pacific Metals is a Canadian exploration and development company focused on precious metal projects in Bolivia, including the Silver Sand Silver Project, Carangas Silver-Gold Project, and Silverstrike Silver-Gold Project [1]
Site visit: Minaurum eyes first resource at Alamos in Mexico within weeks
MINING.COM· 2025-11-28 20:28
Minaurum Gold CEO Darrell Rader (L) and Vice-President of Exploration Stephen Maynard in the core shack at the Alamos project. Image: Amanda Stutt On a plateau high up in the Alamos mountain ranges of Mexico’s Sonora state, Stephen Maynard casts a sweeping gesture across the valley, indicating where the two main shoots of the Promontorio vein zone intersect at the Alamos silver project. Maynard, the vice-president of exploration at Minaurum Gold (TSXV: MGG; US-OTC: MMRGF), sees the potential as the company ...
A precious metals power surge: Silver's record run reawakens gold bulls
KITCO· 2025-11-28 19:38
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...
Precious Metals are Becoming Data Assets: How SMX Turns Bullion Into Self-Reporting Materials
Accessnewswire· 2025-11-28 15:00
NEW YORK, NY / ACCESS Newswire / November 28, 2025 / For most of history, gold has behaved like a silent asset. It sits in vaults. ...
Platinum On Edge As A Long-Term Deficit Flips To Surplus
Forbes· 2025-11-28 07:50
Core Viewpoint - The significant price rise of platinum, which has increased by 75% since the beginning of the year, may be coming to an end as a multi-year supply deficit is expected to shift into a modest surplus next year [1] Industry Summary - The World Platinum Investment Council (WPIC) forecasts a transition from a 692,000-ounce shortfall in 2023 to a 20,000-ounce surplus in 2024, indicating a shift in market dynamics that could impact investor sentiment [1][6] - Platinum, along with palladium, has extensive industrial applications, particularly in jewelry and as catalysts in internal combustion engines [3] - The rise in popularity of electric vehicles (EVs) was anticipated to negatively affect the catalyst market; however, consumer adoption of EVs has been slower than expected, with many opting for hybrid vehicles that require more platinum [4][5] Price Dynamics - The price of platinum surged from $932/oz in early January to $1,637/oz, driven largely by investors seeking cheaper alternatives in the precious metals sector [5] - Other precious metals have also seen significant price increases, with silver rising by 77% and palladium by 61% since the start of the year, while gold has increased by 60% [5] - The WPIC noted that after years of deficits, the platinum market is expected to stabilize by 2026, which may put downward pressure on prices as supply increases [6][7] Supply and Demand - The above-ground stockpile of platinum has decreased from 5.5 million ounces in 2022 to an estimated 3.2 million ounces currently, indicating a tightening supply situation [7] - The forecasted deficit of 692,000 ounces in 2023 represents 9% of annual demand, while a supply increase of 4% is expected by 2026 due to processing spent auto catalysts and scrap metal sales [7] Company Focus - Valterra Platinum, a London-listed company spun out of Anglo American, has seen its share price rise by 73% since the beginning of the year, closely tracking the price movements of platinum [9]
Denarius Metals Announces Details for the November 30, 2025 Interest Payments on Its Convertible Unsecured Debentures
Newsfile· 2025-11-27 22:00
Core Viewpoint - Denarius Metals Corp. announced details regarding the interest payments due on its convertible unsecured debentures, with shares to be issued to settle these payments on November 30, 2025 [1][2]. Group 1: Interest Payments and Share Issuance - The company will issue shares to holders of the 2023 and 2024 Debentures as settlement for the interest due on November 30, 2025, with a total principal amount of CA$34,158,874 [2]. - For the 2023 Debentures, the interest shares to be issued amount to 198,866 shares for a principal of CA$19,886,560, translating to 0.019231 shares per CA$1.00 of principal [2]. - For the 2024 Debentures, the interest shares to be issued total 142,723 shares for a principal of CA$14,272,314, also translating to 0.019231 shares per CA$1.00 of principal [2]. Group 2: Company Overview - Denarius Metals is a Canadian junior mining company focused on the acquisition, exploration, and development of precious metals and polymetallic mining projects in Colombia and Spain [5]. - The company commenced mining operations at its 100%-owned Zancudo Project in Colombia in Q2 2025, which is a high-grade gold-silver deposit [6]. - In Spain, Denarius Metals has interests in three projects, including the Aguablanca Project, recognized by the EU as a Strategic Project, and holds a 100% interest in both the Lomero and Toral Projects [8].
Scotiabank Reaffirms Sector Perform on Fortuna Silver Mines (FSM), Keeps $10.50 PT
Yahoo Finance· 2025-11-27 10:52
Core Viewpoint - Fortuna Silver Mines Inc. is highlighted as a strong investment opportunity in the silver mining sector, with a reaffirmed price target of $10.50 by Scotiabank analyst Eric Winmill [1][2]. Group 1: Company Performance - On November 18, Fortuna reported a significant increase in gold reserves, with proven and probable mineral reserves totaling 1.2 million ounces, marking an 11% increase from the previous estimate [2]. - The company also announced a 100% increase in indicated mineral resources to 794,000 ounces and a 15% increase in inferred mineral resources to 712,000 ounces, attributed to successful exploration efforts [2][3]. - Fortuna's President and CEO, Jorge A. Ganoza, emphasized the strategic importance of these results, indicating a pathway to extend the mine's life and evaluate potential plant expansion and increased annual gold production [3]. Group 2: Operational Strategy - The mine now holds its largest mineral resource inventory on record, prompting the company to initiate aggressive infill drilling programs and advanced underground mining studies to maximize value [4]. - Fortuna Silver Mines operates primarily in the precious metals sector, focusing on the acquisition, exploration, development, and operation of silver and gold mines, with key assets including the San Jose underground silver-gold mine in Mexico and the Caylloma silver mine in Peru [4].
H.C. Wainwright Maintains Buy Rating on McEwen (MUX), Sets $21.50 PT
Yahoo Finance· 2025-11-27 10:52
McEwen Mining Inc. (NYSE:MUX) is one of the best silver mining stocks to invest in right now. On November 7, H.C. Wainwright maintained a Buy rating and a $21.50 per share price target on McEwen Mining Inc. (NYSE:MUX) stock. The analyst, Heiko Ihle, rested his thesis on McEwen’s steps toward growth and building value, driven by high metal prices and wins in exploration work. Ihle sees the company making good use of current strong gold and silver prices to improve cash flow, even with some dips in output, a ...
Alliance Global Partners Lifts Endeavour Silver (EXK) Target to $7.75, Keeps Buy
Yahoo Finance· 2025-11-27 10:52
Core Viewpoint - Endeavour Silver Corp. is highlighted as a strong investment opportunity in the silver mining sector, with a recent price target increase by Alliance Global Partners to $7.75 from $6, maintaining a Buy rating despite mixed Q3 2025 earnings results [1][2]. Financial Performance - Endeavour reported Q3 2025 revenue of $111 million, representing a 109% increase compared to Q3 2024, driven by record silver sales and higher metal prices, although it fell short of analyst estimates by 9.32% [2]. - The earnings per share (EPS) was reported at -$0.01, significantly missing projections by 131.85%, which were estimated at $0.0314 [2]. Production Metrics - Silver production increased by 102% to 1.77 million ounces, attributed to contributions from the Kolpa mine and improved throughput at Guanaceví [3]. - Conversely, gold production decreased by 22% to 7,285 ounces due to lower grades at Bolañitos [3]. Management Commentary - CEO Dan Dickson characterized the quarter as "transformational," acknowledging the short-term financial challenges while emphasizing that derivative losses are a non-cash impact related to the company's hedging strategy in a rising price environment [4]. Company Overview - Endeavour Silver Corp. is a Canadian mid-tier precious metals mining company focused on the acquisition, exploration, development, extraction, processing, and refining of mineral properties, primarily in Mexico and Peru, with silver and gold bullion as its main products [5].
Fortuna Files PEA Technical Report Highlighting the Development Potential of the Diamba Sud Gold Project, Senegal
Globenewswire· 2025-11-27 01:22
Core Viewpoint - Fortuna Mining Corp. has filed a technical report for the Diamba Sud Gold Project in Senegal, supporting the results of a Preliminary Economic Assessment announced earlier [1]. Company Overview - Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and exploration projects in Argentina, Côte d'Ivoire, Mexico, and Peru, in addition to the Diamba Sud Gold Project in Senegal [3]. - The company emphasizes sustainability in its operations and stakeholder relationships, focusing on efficient production, environmental stewardship, and social responsibility [3]. Technical Report Details - The technical report titled "Diamba Sud Gold Project, Kédougou Region, Senegal" has an effective date of October 15, 2025 [1]. - The report is available on the company's website, SEDAR+, and EDGAR under the company's profile [2].