gold mining

Search documents
NovaGold Resources Inc. (NG) Q2 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-06-25 20:05
Core Viewpoint - NovaGold Resources Inc. is reintroducing itself into the gold development space, highlighting its strategic focus on the Donlin Gold project and its financial results for Q2 2025 [5]. Group 1: Company Overview - The conference call features key company executives including the Chairman, President and CEO, and CFO, indicating a comprehensive update on company performance and future plans [3]. - The call is part of NovaGold's efforts to communicate its financial results and project updates to stakeholders [2]. Group 2: Financial Results - The Q2 2025 financial results are a focal point of the conference, suggesting that the company is in a critical phase of its financial performance assessment [2]. - The presentation includes forward-looking statements, indicating the company's commitment to transparency regarding its projections and goals [4]. Group 3: Project Focus - The Donlin Gold project is emphasized as a key area of focus for NovaGold, reflecting the company's strategic direction in the gold sector [3].
Besra Gold Announces Significant Strides in Jugan Project BFS H1 2025 Jugan Project Update
Newsfile· 2025-06-25 16:55
Besra Gold Announces Significant Strides in Jugan Project BFS H1 2025 Jugan Project UpdateJune 25, 2025 12:55 PM EDT | Source: Besra Gold Inc.HighlightsH1 2025 has seen significant strides in derisking key Bankable Feasibility Study (BFS) workstreams for the Jugan Project during H1 2025 including:Metallurgical test work.Trialling alternative processing techniques.Geotechnical assessment and tailings management studies.Hydrogeological groundwater studies.Mineral Resource Estimate update for Jug ...
North Bay Resources Announces Continuous Operations at Bishop Gold Mill, California; Exploration and Development at Fran Gold Project
Globenewswire· 2025-06-25 13:30
BISHOP, Calif., June 25, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce continuous operation at the Company’s Bishop California Gold Mill has been achieved. Upon significant upgrades in April and May the Company has successfully operated the Mill continuously up to 9 hours per day and completed processing of all remaining stockpiles of gold ore. This has resulted in a shipment to the Company’s refinery partner of 543 lbs. of gold concentr ...
Ascot Announces Strategic Review Process
Globenewswire· 2025-06-25 13:00
Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, June 25, 2025 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) ("Ascot" or the "Company") provides a further update related to the restart of operations at the Premier Gold Project ("PGP" or the "Project"), located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. As discussed in the Company's May 12 news release, Ascot has been i ...
Globex Receives Cash Payments
Globenewswire· 2025-06-25 13:00
ROUYN-NORANDA, Quebec, June 25, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that it has received the final three million dollars ($3,000,000) payment from Agnico Eagle Mines Limited (TSX- AEM) as regards the purchase of the large Francoeur/Arntfiel ...
ARMN vs. BTG: Which Gold Mining Stock is the Better Pick Now?
ZACKS· 2025-06-25 12:51
Core Insights - Aris Mining Corporation (ARMN) and B2Gold Corp. (BTG) are both international gold mining companies with operations in the Americas, focusing on emerging markets [1] - Gold prices have increased approximately 26% this year, reaching a peak of $3,500 per ounce in April 2025, driven by geopolitical tensions and central bank purchases [2] - Both companies are positioned to benefit from the favorable gold price environment, but they face challenges from rising costs [24] Aris Mining Highlights - Aris Mining has shown an 8% year-over-year increase in gold production for Q1, aiming for a full-year production guidance of 230,000 to 275,000 ounces [4][8] - The Segovia Operations in Colombia are crucial for production growth, with expansion projects expected to increase production rates significantly in the second half of 2025 [5] - The company has a strong balance sheet with a cash balance of $240 million and generated $40 million in cash flow in Q1, supporting its growth initiatives [7] - However, Aris Mining's all-in-sustaining costs (AISC) increased to $1,570 per ounce, indicating a decline in cost efficiency [8][9] B2Gold Highlights - B2Gold is on track to produce between 970,000 and 1,075,000 ounces of gold in 2025, benefiting from new projects like the Goose Project and the Gramalote Project [12][13] - The company has a solid financial position with cash and cash equivalents of $330 million and a low long-term debt-to-capitalization ratio of 11.4% [14] - B2Gold offers a dividend yield of 2.2% and has a payout ratio of 44%, indicating a commitment to returning value to shareholders [14] - The company's AISC rose to $1,533 per ounce, reflecting cost inflation pressures across its operations [15] Stock Performance and Valuation - Year-to-date, Aris Mining's stock has increased by 89.1%, while B2Gold's stock has risen by 45.9%, compared to the Zacks Mining – Gold industry's increase of 56.6% [16] - Aris Mining is trading at a forward 12-month earnings multiple of 4.44, which is a 67.2% discount to the industry average of 13.52X [19] - B2Gold is trading at a forward earnings multiple of 7.15, which is below the industry average but at a premium to Aris Mining [20] Earnings Growth Estimates - The Zacks Consensus Estimate for Aris Mining's 2025 sales and EPS indicates a year-over-year growth of 55.7% and 226.5%, respectively [21] - B2Gold's 2025 sales and EPS estimates imply year-over-year growth of 56.2% and 231.3%, respectively [22]
EQX's Gold Production Jumps: Will the Momentum Continue Into H2?
ZACKS· 2025-06-25 12:51
Key Takeaways EQX's Q1 gold production hit 145,290 ounces, up 30% year over year and a new quarterly record. Greenstone ramp-up fueling growth, though milling grades and throughput have been below expectations. Equinox Gold expects 2025 gold output of 785K-915K ounces, excluding Los Filos and Valentine mines.Equinox Gold Corp.’s (EQX) standout operational metric in the first quarter has been gold production volumes, which reached 145,290 ounces, a first-quarter record and robust increase from 111,725 ounc ...
Contango Announces $21.0 Million Cash Distribution from the Peak Gold JV for Production from Campaign #2-2025
Prnewswire· 2025-06-25 12:30
FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements regarding Contango that are intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995, based on Contango's current expectations and includes statements regarding future results of operations, quality and nature of the asset base, the assumptions upon which estimates are based and other expectations, beliefs, plans, objectives, assumptions, strate ...
Best Income Stocks to Buy for June 25th
ZACKS· 2025-06-25 12:20
Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 25th: Agnico Eagle Mines (AEM) : This company which is a gold producer with mining operations in Canada, Mexico and Finland, and exploration activities in Canada, Europe, Latin America and the United States, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.1% over the last 60 days. Betterware de Mexico SAPI de C (BWMX) : This direct-to-consumer selling company whi ...
NOVAGOLD Files Second Quarter 2025 Report
Globenewswire· 2025-06-25 12:05
Announced a pivotal transaction with Paulson Advisers – NOVAGOLD acquired an additional 10% economic interest increasing its stake to 60% in Donlin Gold LLC to advance the project to the next phase of an updated Feasibility Study.Strengthened the Company’s treasury by completing a public equity offering and a private placement of 65 million shares, resulting in approximately $234 million in net proceeds.Advanced the Donlin Gold 15,000-meter drill program now focused on converting and expanding reserves and ...