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Allied Gold Corporation (AAUC) Repots Exploration Progress at Kurmuk Mine
Yahoo Finance· 2025-12-05 03:09
Allied Gold Corporation (NYSE:AAUC) is one of the Best Up and Coming Canadian Stocks to Buy. On November 27, Allied Gold Corporation (NYSE:AAUC) reported significant progress in exploration at the Kurmuk mine in western Ethiopia. The stock price surged more than 8.9% by market close on Friday, November 28. Management noted that this is the second of the three planned exploration updates. Kurmuk mine is a significant project for the company with an estimated average production of around 290,000 gold ounc ...
Klondike Gold Announces AGM Results
Accessnewswire· 2025-12-05 01:30
Core Points - Klondike Gold Corp. held its annual general meeting of shareholders on December 4, 2025 [1] - The Company elected five directors to its board [1] Summary by Category Company Governance - Five directors were elected to the board: Peter Tallman, Gordon Keep, John Pallot, Steven Brunelle, and Anne Labelle [1]
Is This Dividend Stock a Buy for 2026 After Rising 265% in 2025?
Yahoo Finance· 2025-12-05 00:30
Group 1: Market Overview - Stocks are expected to close with double-digit gains in 2025, marking the third consecutive year of such performance despite geopolitical tensions and concerns over an AI bubble [1] - Gold prices have outperformed the S&P 500 Index this year, indicating a strong performance for safe-haven assets [2] Group 2: Company Performance - Anglogold Ashanti stock has increased nearly 265% year-to-date, significantly outperforming the VanEck Gold Mining ETF [3] - The company reported free cash flow of nearly $1 billion in Q3 2025, matching its total for all of 2024, and maintains a dividend policy of paying out 50% of its free cash flow to investors [6] Group 3: Gold Market Outlook - The outlook for gold prices remains positive as global uncertainty continues to enhance its appeal as a safe-haven asset, with central banks diversifying their holdings away from the U.S. dollar [4] - Factors supporting gold's rally in 2025 are expected to persist into 2026, making Anglogold a potential option for aggressive investors seeking high dividends [5]
Kinross upgraded to Baa2 Rating by Moody’s
Globenewswire· 2025-12-04 22:00
Core Viewpoint - Kinross Gold Corporation has successfully completed the early redemption of $500 million in Senior Notes and received a credit rating upgrade from Moody's, reflecting its strong financial position and disciplined debt management [1][2][4]. Financial Performance - Moody's upgraded Kinross' senior unsecured rating to Baa2 from Baa3, citing the company's scale, production profile, low financial leverage, and conservative financial policies as key factors [2]. - In 2025, Kinross repaid approximately $700 million of its debt, contributing to a total of $1.5 billion repaid over fiscal years 2024 and 2025 [3]. - As of September 30, 2025, Kinross reported a net cash position of approximately $500 million, calculated as cash and cash equivalents of $1,721.7 million minus long-term debt of $1,236.9 million [4][6]. Debt Management - The early redemption of the 4.50% Senior Notes, originally due on July 15, 2027, aligns with Kinross' commitment to maintaining a strong balance sheet [2][3]. - Following the redemption, Kinross has $750 million in Senior Notes outstanding, with the next maturity date set for July 15, 2033 [3]. Company Overview - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada, focusing on responsible mining and operational excellence [5].
Kinross upgraded to Baa2 Rating by Moody's
Globenewswire· 2025-12-04 22:00
Core Viewpoint - Kinross Gold Corporation has received a credit rating upgrade from Moody's Investors Service, reflecting its strong financial position and disciplined debt management practices [1][2]. Financial Performance - Moody's upgraded Kinross' senior unsecured rating to Baa2 from Baa3, with a stable outlook, citing the company's scale, production profile, low financial leverage, and conservative financial policies as key factors [1][2]. - In 2025, Kinross repaid $500 million of its outstanding 4.50% Senior Notes ahead of the July 15, 2027 due date, contributing to a total debt repayment of approximately $700 million for the year [2][3]. - Over fiscal years 2024 and 2025, Kinross has repaid a total of $1.5 billion in debt, including the early redemption of the 2027 Notes [3]. Financial Position - As of September 30, 2025, Kinross reported a net cash position of approximately $500 million, highlighting its strong investment-grade balance sheet [4]. - The company currently has $750 million in Senior Notes outstanding, with the next maturity date set for July 15, 2033, for $500 million [3][4]. Company Overview - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada, focusing on responsible mining and operational excellence [5].
Royal Gold, Inc. (RGLD) Presents at Virtual Non-Deal Roadshow Series Transcript
Seeking Alpha· 2025-12-04 20:38
Group 1 - The presentation is part of a Virtual Non-Deal Roadshow for Royal Gold, which trades on NASDAQ under the ticker symbol RGLD [2] - Alistair Baker, Senior Vice President of Investor Relations and Business Development, is the presenter for the event [2] - The presentation is expected to last approximately 25 minutes, followed by a Q&A session [2]
Eric Sprott Announces Changes to His Holdings in Galleon Gold Corp.
Newsfile· 2025-12-04 20:29
Eric Sprott Announces Changes to His Holdings in Galleon Gold Corp.December 04, 2025 3:29 PM EST | Source: Eric SprottToronto, Ontario--(Newsfile Corp. - December 4, 2025) - Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 5,000,000 units (Units) of Galleon Gold Corp. through a private placement, at $0.60 per Unit for aggregate consideration of $3,000,000. Each Unit consists of one common share (Share) and one-half of one Share purchase ...
Blue Gold Appoints Rob Simpson as Director of Risk and Digital Operations
Globenewswire· 2025-12-04 19:36
Core Insights - Blue Gold Limited has appointed Rob Simpson as Director of Risk and Digital Operations, bringing extensive experience in financial risk and payments infrastructure from his previous role at Bolt [1][2][3] - Simpson's leadership at Bolt contributed to the company's growth to an $11 billion valuation and the development of innovative risk and payments systems, positioning him well for Blue Gold's future [2][3] - The company aims to combine disciplined resource acquisition with innovative monetization models, including asset-backed digital instruments, to unlock value in the gold sector [4][5] Company Strategy - Blue Gold is focused on acquiring high-potential mining assets across strategic global jurisdictions, with a mission to redefine how gold is produced, accessed, and owned in the 21st century [4] - The appointment of Simpson is seen as a significant milestone, emphasizing the need for operational discipline and innovation as the company evolves into a next-generation resource and digital-asset company [3][4] - The company is committed to responsible development, operational transparency, and leveraging modern financial technologies to minimize its environmental footprint while creating shareholder value [5] Responsibilities of the New Director - Simpson will oversee the development of a comprehensive enterprise-wide risk framework and lead digital operations, including blockchain-based initiatives and tokenization strategies [7] - He will implement scalable governance and compliance structures across digital-asset operations and support the exploration of a gold-backed digital token [7]
Newmont: Strong Buy Backed By $1 Billion In Free Cash Flow, Global Gold Cycle (NYSE:NEM)
Seeking Alpha· 2025-12-04 19:29
Core Insights - Newmont (NEM) is adapting to the current economic context, indicating a focus on stability in an uncertain world [1] Group 1: Company Analysis - The company is perceived as a safe investment option amidst economic uncertainty, attracting investor interest [1] - Newmont's performance is analyzed beyond mere financial metrics, emphasizing the importance of macroeconomic dynamics in valuation [1] Group 2: Market Context - The article reflects on the broader economic environment, suggesting that investors are increasingly cautious and seeking safe havens [1] - The author's background in Argentina provides insights into complex market dynamics, which may influence the analysis of Newmont and similar companies [1]
Newmont: Strong Buy Backed By $1 Billion In Free Cash Flow, New Global Gold Cycle
Seeking Alpha· 2025-12-04 19:29
Core Insights - Newmont (NEM) is adapting to the current economic context, indicating a focus on stability in an uncertain world [1] Group 1: Company Analysis - The company is perceived as a safe investment option amidst economic uncertainty, attracting investor interest [1] - Newmont's performance is analyzed beyond mere financial metrics, emphasizing the importance of macroeconomic dynamics in company valuation [1] Group 2: Market Context - The article reflects on the broader economic environment, highlighting the complexities and dynamics of markets, particularly in Latin America [1]