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China Gold International Issues Clarification on Market Movement
Thenewswire· 2025-12-05 23:00
VANCOUVER, December 5, 2025 – TheNewswire - China Gold International Resources Corp. Ltd. (TSX: CGG; HKEX: 2099) (“China Gold International Resources” or the “Company”) - At the request of CIRO ("Canadian Investment Regulatory Organization), the Company wishes to confirm that it is not aware of any material, undisclosed information related to the Company that would account for the recent increase in the market price and level of trading volume of its ordinary shares.About China Gold International Resource ...
China Gold International Resources Reports 2025 Third Quarter Results - Record High Quarterly Net Profit in Two Consecutive Quarters
Thenewswire· 2025-11-13 23:00
Core Insights - China Gold International Resources achieved record-high net profits for two consecutive quarters, indicating strong operational efficiency and strategic decision-making [5] Q3 Operational and Financial Highlights - Revenue increased by 36% to US$345.0 million from US$254.6 million in Q3 2024 [7] - Mine operating earnings rose to US$197.0 million, up from US$46.8 million in Q3 2024 [7] - Net profit reached US$142.3 million, a significant increase from US$27.9 million in Q3 2024 [7] - Cash flow from operations was US$234.7 million, compared to US$156.2 million in Q3 2024 [7] - Total gold production decreased by 18% to 41,150 ounces from 50,160 ounces in Q3 2024 [7] - Total copper production increased to 42.3 million pounds (approximately 19,204 tonnes) from 38.3 million pounds (approximately 17,361 tonnes) in Q3 2024 [7] Nine-Month Operational and Financial Highlights - Revenue for the nine months increased by 100% to US$925.4 million from US$463.1 million in the same period of 2024 [7] - Mine operating earnings were US$474.1 million, up from US$64.8 million in the same period of 2024 [7] - Net profit reached US$344.6 million, a turnaround from a net loss of US$3.0 million in the same period of 2024 [7] - Cash flow from operations was US$569.6 million, compared to US$244.2 million in the same period of 2024 [7] - Total gold production increased by 27% to 129,350 ounces from 102,245 ounces in the same period of 2024 [7] - Total copper production rose to 119.3 million pounds (approximately 54,127 tonnes) from 61.5 million pounds (approximately 27,909 tonnes) in the same period of 2024 [7] Company Overview - China Gold International Resources is a mining company focused on gold and base metals, operating the CSH Gold Mine in Inner Mongolia and the Jiama Copper-Gold Polymetallic Mine in Tibet [8] - The company's objective is to enhance shareholder value through increased production, resource expansion, and new project development [8]
4 Stocks With Recent Price Strength to Maximize Your Gains
ZACKS· 2025-10-21 14:11
Core Insights - U.S. stock markets are experiencing a continued upward trend in 2025, following a strong rally over the past two years, with expectations for the Fed to lower benchmark lending rates due to a weak labor market [1][2] Market Sentiment - Recent U.S. government shutdown and delays in key economic data releases may dampen investor enthusiasm, alongside trade conflicts with China affecting market sentiment [2] - Despite these challenges, some stocks have shown price strength, particularly those on a recent bull run, indicating potential for continued momentum [2][3] Stock Screening - Four stocks identified with recent price strength include Flux Power Holdings Inc. (FLUX), Aura Minerals Inc. (AUGO), Arcturus Therapeutics Holdings Inc. (ARCT), and Sterling Infrastructure Inc. (STRL) [3][8] - The screening criteria for these stocks include: - Percentage Change in Price (4 Weeks) greater than zero - Percentage Change in Price (12 Weeks) greater than 10 - Zacks Rank 1 (Strong Buy) - Average Broker Rating of 1 - Current Price greater than $5 - Current Price/52-Week High-Low Range more than 85% [5][6][7] Individual Stock Performance - **Flux Power Holdings Inc. (FLUX)**: Stock price increased by 92.1% in four weeks, with an expected earnings growth rate of 82.4% for the current year, and earnings estimates rising by 40% over the past 60 days [8][9] - **Aura Minerals Inc. (AUGO)**: Stock price climbed 9.3% in four weeks, with an expected earnings growth rate exceeding 100% for the current year, and earnings estimates improving by 2.5% over the past week [10][11] - **Arcturus Therapeutics Holdings Inc. (ARCT)**: Stock price advanced 2.3% in four weeks, with an expected earnings growth rate of -10% for the current year, and earnings estimates improving by 11.5% over the past 90 days [11][12] - **Sterling Infrastructure Inc. (STRL)**: Stock price gained 0.4% in four weeks, with an expected earnings growth rate of 56.9% for the current year, and earnings estimates improving by 9.7% over the past 60 days [13][15]
Aura Announces Preliminary Q3 2025 and 9M 2025 Production Results, Reaching Record Highs
Globenewswire· 2025-10-10 10:00
Core Insights - Aura Minerals Inc. reported a record high production of 74,227 gold equivalent ounces (GEO) in Q3 2025, marking a 16% increase from Q2 2025 and a 9% increase compared to Q3 2024 [1][2] - The company achieved a total production of 198,347 GEO for the first nine months of 2025, which is 3% higher than the same period in 2024, and is on track to meet its 2025 guidance of 266,000–300,000 GEO [1][2] Production Results - Total production in Q3 2025 was 74,227 GEO, with a breakdown by mine as follows: - Aranzazu: 21,534 GEO, a 3% decrease from Q2 2025 and a 12% decrease from Q3 2024 [6][7] - Minosa: 18,138 GEO, stable compared to Q2 2025 but a 13% decrease from Q3 2024 [6][7] - Almas: 15,088 GEO, a 17% increase from Q2 2025 and stable compared to Q3 2024 [6][7] - Apoena: 9,248 GEO, a 13% increase from Q2 2025 and a 15% increase from Q3 2024 [6][7] - Borborema: 10,219 GEO, reflecting the start of commercial production [6][7] Financial Performance - At current prices, total production for 9M 2025 reached 198,347 GEO, while at guidance prices, it was 203,592 GEO, which is 3% higher than 9M 2024 [1][2][7] - The production results at constant prices showed a record high, with a 17% increase compared to Q2 2025 and a 15% increase compared to Q3 2024 [1][7] Operational Highlights - The Borborema mine commenced commercial production in September 2025, contributing over 10,000 ounces with a recovery rate above 92% [2] - The company emphasized its commitment to operational excellence and sustainable value creation through its "Aura 360" initiative [2][11]
Payment of dividends to BDR holders
Globenewswire· 2025-08-29 23:37
Group 1 - Aura Minerals Inc. announced a dividend payment of US$0.11 per BDR on August 5, 2025, with a payment date set for September 5, 2025 [1][4] - The effective exchange rate for converting US dollars into Brazilian reais is BRL 5.4134 per USD, resulting in dividends of R$0.593211199 per BDR for holders [4] - A tax of 0.38% will be applied on the financial transaction related to the dividend payment [4] Group 2 - Aura Minerals is focused on the development and operation of gold and base metal projects across the Americas, with five operating assets including gold and copper mines in Honduras, Brazil, and Mexico [3] - The company emphasizes a holistic approach to mining, termed "360° Mining," which considers the impacts and benefits to all stakeholders involved [2]
China Gold International Resources Reports 2025 Second Quarter and First Half Results - Record High Quarterly Net Profit
Thenewswire· 2025-08-14 23:00
Core Insights - China Gold International Resources Corp. achieved record financial performance in Q2 2025, with the highest quarterly net profit in the company's history, reflecting the effectiveness of its strategy and execution [3] Financial Highlights for Q2 2025 - Revenue increased by 108% to US$307.3 million from US$148.0 million in Q2 2024 [4] - Mine operating earnings rose to US$159.4 million, up US$130.0 million from US$29.4 million in Q2 2024 [4] - Net profit reached US$116.3 million, an increase of US$121.1 million from a net loss of US$4.8 million in Q2 2024, marking a new record [4] - Cash flow from operations was US$191.3 million, up from US$80.9 million in Q2 2024 [4] - Total gold production increased by 38% to 43,403 ounces from 31,373 ounces in Q2 2024 [4] - Total copper production was 39.7 million pounds (approximately 18,013 tonnes), up from 18.6 million pounds (approximately 8,454 tonnes) in Q2 2024 [4] Financial Highlights for First Half 2025 - Revenue increased by 178% to US$580.4 million from US$208.5 million in the first half of 2024 [4] - Mine operating earnings rose to US$277.1 million, an increase of US$259.2 million from US$17.9 million in the first half of 2024 [4] - Net profit reached US$202.3 million, up US$233.2 million from a net loss of US$30.9 million in the first half of 2024 [4] - Cash flow from operations was US$334.8 million, up from US$88.1 million in the first half of 2024 [4] - Total gold production increased by 69% to 88,200 ounces from 52,087 ounces in the first half of 2024 [4] - Total copper production was 77.0 million pounds (approximately 34,924 tonnes), up from 23.3 million pounds (approximately 10,547 tonnes) in the first half of 2024 [4] Company Overview - China Gold International Resources is a gold and base metal mining company based in British Columbia, Canada, operating the CSH Gold Mine in Inner Mongolia and the Jiama Copper-Gold Polymetallic Mine in Tibet [5] - The company's objective is to enhance shareholder value through increased production, resource expansion, and new project development [5]
Aura Announces Exercise of the Underwriters' Option to Purchase Additional Shares
Globenewswire· 2025-08-06 22:00
Core Viewpoint - Aura Minerals Inc. has successfully closed the sale of 897,134 common shares at a public offering price of US$24.25 per share, aiming to enhance liquidity and diversify its shareholder base through a U.S. listing [1][2][4]. Group 1: Offering Details - The offering was part of a strategy to transfer Aura's principal listing to a U.S. stock exchange, which is expected to increase the liquidity of its common shares [2]. - The net proceeds from the offering will be utilized for various purposes, including funding the acquisition of Mineração Serra Grande S.A. and supporting strategic growth initiatives such as advancing development projects and exploration initiatives [3]. - The common shares began trading on the Nasdaq Global Select Market under the ticker symbol "AUGO" on July 16, 2025 [4]. Group 2: Underwriters and Regulatory Aspects - BofA Securities and Goldman Sachs & Co. LLC acted as Global Coordinators, while BTG Pactual and Itaú BBA served as Joint Bookrunners for the offering [4]. - The offering was conducted in compliance with U.S. regulations, and a registration statement was filed with the SEC [6]. - The offering was not made available to the public in Canada and was conducted as a private placement for accredited investors only [9]. Group 3: Company Overview - Aura Minerals is focused on the development and operation of gold and base metal projects in the Americas, with several operating assets and development projects across multiple countries [12]. - The company emphasizes a holistic approach to mining, considering the impacts on all stakeholders involved [11].
Aura Announces S&P Global Upgrades Outlook to Positive B+ Rating on Larger Scale and Financial Performance
Globenewswire· 2025-07-22 00:20
Core Viewpoint - Aura Minerals Inc. has received a positive outlook upgrade from S&P Global Ratings, affirming its B+ global scale long-term issuer credit rating and 'brAA' Brazilian national scale rating, indicating potential for growth and stability in the company's financial standing [1][2]. Group 1: Credit Rating Upgrade - S&P Global Ratings upgraded Aura's outlook to positive from stable, while maintaining its B+ global scale long-term issuer credit rating and 'brAA' Brazilian national scale rating [1]. - The upgrade reflects factors such as the U.S. listing facilitating accelerated growth without increased leverage, a strong track record in project construction and asset turnaround, and record high gold prices enhancing free operating cash flow [2]. Group 2: Future Growth Potential - Over the next 12 months, S&P suggests a potential upgrade if Aura successfully scales operations, particularly through the ramp-up of the Borborema project, integration of Serra Grande, and initiation of another project, while maintaining gross debt to EBITDA below 2.0x [3].
Aura Announces Closing of U.S. Initial Public Offering
Globenewswire· 2025-07-17 21:48
Core Viewpoint - Aura Minerals Inc. has successfully completed its U.S. initial public offering, raising capital to enhance liquidity and support strategic growth initiatives [1][2][3] Group 1: Offering Details - The company closed its IPO of 8,100,510 common shares at a price of US$24.25 per share [1] - The common shares began trading on the Nasdaq Global Select Market under the ticker symbol "AUGO" on July 16, 2025 [4] - Underwriters were granted a 30-day option to purchase an additional 1,215,077 common shares at the public offering price [4] Group 2: Use of Proceeds - Net proceeds from the offering will be used for several purposes, including funding the acquisition of Mineração Serra Grande S.A. and supporting strategic growth initiatives [3] - Specific initiatives include advancing development projects like Era Dorada and Matupá, as well as exploration to expand mineral reserves [3] Group 3: Company Overview - Aura Minerals focuses on the development and operation of gold and base metal projects in the Americas, with five operating assets and several development and exploration projects [12]
Aura Announces Pricing of U.S. Initial Public Offering
Globenewswire· 2025-07-15 23:48
Core Viewpoint - Aura Minerals Inc. has priced its U.S. initial public offering (IPO) of 8,100,510 common shares at a price of US$24.25 per share, aiming to enhance liquidity and diversify its shareholder base through access to global capital markets [1][2]. Group 1: Offering Details - The primary purpose of the offering is to transfer Aura's principal listing to a U.S. stock exchange, which is expected to increase liquidity and broaden the shareholder base [2]. - The common shares have been approved for listing on the Nasdaq Global Select Market under the ticker symbol "AUGO," with trading set to begin on July 16, 2025 [4]. - The offering is expected to settle on or about July 17, 2025, subject to customary closing conditions [4]. Group 2: Use of Proceeds - Net proceeds from the offering will be used for several purposes, including funding the upfront cash payment for the acquisition of Mineração Serra Grande S.A. (MSG) and any potential capital expenditures at MSG [3]. - Additional uses of the proceeds include providing liquidity for strategic growth initiatives, advancing development projects like Era Dorada and Matupá, and exploration initiatives to expand mineral reserves [3]. Group 3: Underwriters and Regulatory Information - BofA Securities and Goldman Sachs & Co. LLC are acting as Global Coordinators, with BTG Pactual and Itaú BBA as Joint Bookrunners [5]. - A registration statement for the offering has been filed and declared effective by the U.S. Securities and Exchange Commission [7].