Core Viewpoint - Intrepid Metals Corp. has engaged Independent Trading Group (ITG) for market-making services to enhance liquidity and maintain a reasonable market for its shares, subject to regulatory approval [1][2]. Group 1: Market Making Agreement - ITG will receive a monthly compensation of CAD$7,500, paid in advance, under a one-month renewable agreement [2]. - The agreement can be terminated by either party with a 30-day notice, and there are no performance factors or equity compensation involved [2]. - ITG and Intrepid are unrelated entities, with no current interest in each other's securities [2]. Group 2: Company Overview - Intrepid Metals Corp. focuses on exploring high-grade essential metals such as copper, silver, and zinc in southeastern Arizona, USA [4]. - The company has several drill-ready projects, including the Corral Copper Project and the Tombstone South Project, which have significant historical drill results [4]. - Intrepid is traded on the TSX Venture Exchange under the symbol "INTR" and on the OTCQB under "IMTCF" [4]. Group 3: Independent Trading Group Overview - Independent Trading Group (ITG) is a Toronto-based dealer-member specializing in market making, liquidity provision, and algorithmic trading solutions [3]. - Established in 1992, ITG utilizes proprietary technology to deliver high-quality liquidity and execution services [3].

MONTREAL, May 08, 2025 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) announces that it has completed its name change to “OR Royalties Inc.” and “Redevances OR Inc.” in French following receipt of shareholder approval at the annual and special meeting of shareholders held earlier today. The Corporation’s common shares will commence trading under the new name on the New York Stock Exchange and the Toronto Stock Exchange at the start of trading on May 13, 2025. ...

Royal Gold (RGLD) Q1 2025 Earnings Call May 08, 2025 12:00 PM ET Speaker0 Everyone to the Royal Gold twenty twenty five First Quarter Conference Call. My name is Lauren, and I'll be moderating your call today. There will be an opportunity for questions at the end of the presentation. I would now like to pass the conference call over to Alastair Baker to begin. Please go ahead. Speaker1 Thank you, operator. Good morning, and welcome to our discussion of Royal Gold's first quarter twenty twenty five results. ...

Pan American Silver (PAAS) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Company Participants Siren Fisekci - Vice President of Investor Relations & Corporate CommunicationsMichael Steinmann - President, CEO & DirectorScott Campbell - Senior Vice President of Operations & ProjectsIgnacio Couturier - Chief Financial OfficerSteve Busby - COOCosmos Chiu - Executive Director & Institutional Equity Research - Precious MetalsMartin Wafforn - Senior Vice President of Technical Services & Process OptimizationSean ...

Financial Data and Key Metrics Changes - Pan American Silver reported record mine operating earnings of $250.8 million in Q1 2025, continuing the upward trend from 2024 [3] - Revenue for Q1 was $773 million, with net earnings totaling $169 million or $0.47 per share, and adjusted earnings of $153 million or $0.42 per share [5] - Operating cash flow before non-cash working capital changes was $240 million, with free cash flow for the quarter at $112.6 million [6] Business Line Data and Key Metrics Changes - Silver production in Q1 reached over 5 million ounces, slightly above guidance, with all-in sustaining costs at $13.94 per ounce, well below the guided range [4] - Gold production was 182,200 ounces, in line with guidance, and gold segment all-in sustaining costs were $14.85 per ounce, better than expected [5] Market Data and Key Metrics Changes - The company benefited from higher byproduct credits due to increased gold production at Cerro Moro and higher zinc and lead production across polymetallic operations [5] - The favorable precious metal prices are expected to generate strong profit margins throughout 2025 [10] Company Strategy and Development Direction - The La Colorada Skarn project is identified as the largest organic growth opportunity, with ongoing engineering work and exploration [7] - The company aims to retain maximum exposure to silver in its deposits while exploring extensions to mineral resources in existing operations [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining production guidance for 2025, with expectations for higher production in subsequent quarters [10] - The company is optimistic about the favorable operating environment, driven by strong metal prices and effective cost management [10] Other Important Information - The company has approximately $1.7 billion in total available liquidity, providing capacity to pursue growth objectives [6] - Discussions with the Guatemalan government regarding the Escobal project are ongoing, with no set timeline for completion [9] Q&A Session Summary Question: Cost performance and future adjustments - Management acknowledged strong cost performance but indicated that adjustments to guidance are not typically made after one quarter [14][16] Question: Drivers of gold and silver sales - The increase in sales was attributed to strong Q4 production, with significant inventory sold in January [20][21] Question: Issues at Minera Florida - Management noted challenges due to mine sequencing, lower grades, and absenteeism, with expectations to recover production in Q3 and Q4 [22][23] Question: Geotechnical challenges at Bell Creek - Management confirmed ongoing seismicity issues at Bell Creek, which have impacted production plans [29][32] Question: Progress on Escobal project discussions - Management reported slow but positive progress in discussions with the Guatemalan government, focusing on environmental concerns [35] Question: Capital allocation priorities - Management emphasized a balanced approach to capital allocation, including shareholder returns and investment in growth projects [50][56]

First Quarter 2025 Results May 8, 2025 goldroyalty.com / NYSE: GROY Disclaimer Cautionary Note Regarding Forward-Looking Statements This presentation includes information and statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws (collectively, "forward-looking statements"), including but not limited to statements regarding: the estimated future GEOs and contractual payments of Gold Royalty Corp. (the "Comp ...

Financial Performance - The company reported a record free cash flow from operations of $111.3 million in Q1 2025, a 30% increase quarter over quarter [6][14] - Attributable net income from continuing operations was $61.7 million or $0.20 per share, a 131% increase compared to Q4 2024 [11][17] - Consolidated sales for Q1 2025 were $290.1 million, a 44% increase from $200.9 million in Q1 2024 [6][8] Cost Metrics - Consolidated cash cost per gold equivalent ounce from continuing operations was $929 in Q1 2025, up from $888 in Q4 2024 [8][15] - All-in sustaining costs (AISC) per gold equivalent ounce from continuing operations decreased to $1,640 in Q1 2025 from $1,690 in Q4 2024 [10][16] - The company achieved a free cash flow margin of 38% in Q1 2025, up from 31% in the previous quarter [6] Production and Operations - Gold equivalent production for Q1 2025 was 103,459 ounces, with a consolidated cash cost of $929 per ounce [6][8] - The Séguéla Mine produced 38,500 ounces of gold at an average grade of 2.76 g/t, a 12% increase in production compared to Q1 2024 [25][23] - The Yaramoko Mine produced 33,073 ounces of gold, with a cash cost of $1,059 per ounce, reflecting a 22% increase in tonnes milled [31][32] Strategic Developments - The company closed the sale of the San Jose Mine in Mexico and entered into a share purchase agreement to sell its interest in Roxgold Sanu SA, which is expected to provide $70 million in cash [6][14] - The divestment strategy aims to reallocate approximately $50 million in capital towards higher-value opportunities [6][7] Safety and Environmental Performance - The total recordable injury frequency rate (TRIFR) improved to 0.98 in Q1 2025 from 1.33 in Q4 2024, with zero lost time injuries reported [6][10] - Despite safety improvements, a fatal accident involving a subcontractor occurred at the Séguéla Mine in February [6]

Core Viewpoint - NOVAGOLD Resources Inc. plans to offer and sell up to 43,500,000 common shares in a public offering, with an additional option for underwriters to purchase up to 6,525,000 shares [1][2] Group 1: Public Offering Details - The public offering is subject to market conditions and other closing conditions, with no assurance on completion or terms [1] - Citigroup, RBC Capital Markets, and BMO Capital Markets are acting as joint book-running managers for the public offering [3] - A shelf registration statement on Form S-3 was filed with the SEC on April 23, 2025, and became effective upon filing [4] Group 2: Use of Proceeds - The net proceeds from the offering and concurrent private placement will fund the acquisition of an additional 10% ownership interest in Donlin Gold LLC and for general corporate purposes, including updating the feasibility study [2][11] Group 3: Private Placement - The concurrent private placement will involve common shares sold to major shareholders at the public offering price, with shares not registered under the U.S. Securities Act and subject to a hold period under Canadian securities laws [5]

Core Viewpoint - Sandstorm Gold Ltd. reported strong financial results for Q1 2025, driven by high commodity prices, with record revenues and net income, alongside ongoing share buybacks and deleveraging efforts [2][7][12]. Financial Highlights - Record revenue of $50.1 million, up from $42.8 million in Q1 2024 [7][12]. - Production of 18,492 attributable gold equivalent ounces, down from 20,316 ounces in the same period last year [7][12]. - Cash flows from operating activities of $40.8 million, compared to $32.6 million in Q1 2024 [7][15]. - Net income of $11.3 million, a significant improvement from a net loss of $3.9 million in Q1 2024 [7][15]. Shareholder Returns - The company repurchased approximately 3.1 million common shares for $19.1 million during Q1 2025, with an additional 270,000 shares purchased for $2.0 million post-quarter [2][3]. - Sandstorm renewed its normal course issuer bid (NCIB) allowing for the purchase of up to 20 million common shares, indicating a strategic focus on share repurchases [3]. Deleveraging Efforts - The company made $15 million in net debt repayments during the quarter, with an additional $12 million repaid after the quarter ended [4]. - As of May 6, 2025, Sandstorm has an outstanding balance of $328 million on its revolving credit facility, with an undrawn balance of $297 million [4]. Production and Revenue Breakdown - Approximately 73% of gold equivalent production was from precious metals, 20% from copper, and 7% from other commodities [12]. - Revenue from precious metals was $34.8 million, copper revenue was $11.3 million, and other commodities contributed $4.0 million [13]. Project Developments - The Hod Maden joint venture is advancing with approved early-works capital investments of $60–$100 million for 2025 [5]. - Glencore is expected to submit an application for the MARA copper-gold project under Argentina's RIGI, which aims to support large investments [6][8]. Production Outlook - Attributable gold equivalent ounces are forecasted to be between 65,000 and 80,000 ounces in 2025, with long-term production expected to reach approximately 150,000 ounces by 2030 [11].

Triple Flag Precious Metals (TFPM) closed the last trading session at $20.94, gaining 13.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $27.81 indicates a 32.8% upside potential.The average comprises 11 short-term price targets ranging from a low of $19 to a high of $36.50, with a standard deviation of $6.24. While the lowest estimate indicates a decline of 9.3% from the curren ...