PresentationGood morning again, ladies and gentlemen. The next company to present is Rio2. They're a diversified precious metals and copper producer, who's currently producing gold at its Fenix Gold heap leach mine in Chile and copper, gold and silver at its recently acquired Condestable underground mine in Peru. Presenting on behalf of the company today is President, CEO and Director and Executive Chairman, I guess, Alex Black. We'll go with that.Alexander BlackExecutive Chairman Thanks a lot. Just 2 ackno ...

Core Viewpoint - Lion One Metals Limited has appointed Campbell Olsen as Chief Executive Officer and Director, aiming to enhance shareholder value and stabilize the company's operations amid ongoing financial challenges [1][4]. Management Changes - Campbell Olsen brings extensive experience in investment and operational management within the mining industry, having worked with Nomura Jafco and Advent International [2][3]. - The company's board now includes Walter Berukoff (Chairman), Richard Meli, Todd Romaine, David Anderson, and Campbell Olsen [4]. Arete Capital Transaction - The proposed $15 million equity investment from Arete Capital is still under review by the TSX Venture Exchange, with Campbell Olsen appointed as CEO prior to the transaction's completion to comply with TSXV rules [5][6]. Financial Challenges - Lion One has received a notice from Nebari Collateral Agent, LLC indicating an event of default under its senior secured loan facility, effective January 31, 2026 [7]. - The notice cites non-financial covenants and a "Material Adverse Effect," leading to an increase in the interest rate margin effective February 20, 2026 [8]. - The company is actively discussing with Nebari to stabilize its financing arrangements [9]. Other Updates - Lion One has terminated a service agreement with Couloir Capital regarding market research [10].

VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report the latest batch of exploration drilling results from the Southern Arc deposit at its Diamba Sud Gold Project located in Senegal. A further 44 reverse circulation and diamond drill holes, totalling 7,518 meters, have been completed at Southern Arc since the previous exploration results update in December 2025 and were incorporated into the expanded Diamba Sud mineral resource (refe ...

VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report the latest batch of exploration drilling results from the Southern Arc deposit at its Diamba Sud Gold Project located in Senegal. A further 44 reverse circulation and diamond drill holes, totalling 7,518 meters, have been completed at Southern Arc since the previous exploration results update in December 2025 and were incorporated into the expanded Diamba Sud mineral resource (refe ...

A drill rig at Hycroft Mining’s namesake project in Nevada. Credit: Hycroft Mining Hycroft Mining Holding (Nasdaq: HYMC) soared on Tuesday after a securities filing revealed that Canadian billionaire mining investor Eric Sprott has continued to buy the stock despite its price skyrocketing over the past year.Sprott, one of the company’s biggest investors, recently added 150,000 shares at a price of $42.05 each, for a total investment of $6.3 million, a securities filing showed on Monday. This purchase takes ...

Key Takeaways Gold and silver jumped as fresh tariff threats and tensions revived safe-haven demand.First Majestic Silver delivered a record 15.4M oz output in 2025, up 84% year over year.New Gold generated over $530M in 2025 free cash flow while advancing key growth projects.Gold and silver delivered exceptional gains last year as investors rushed toward safe-haven assets amid growing economic and geopolitical uncertainty. That momentum carried into 2026, with spot gold briefly surging past $5,500 per ounc ...

I came into Coeur Mining, Inc. ( CDE ) still thinking of the Rochester turnaround story. Well, I believe that's outdated now. And this is because the company has already finished the Rochester expansion in 2024. ItMy background is in Financial Engineering and I have long since been interested in analyzing strong solid companies with a rare financial Profile. My primary area of specialization is in quantamental analysis, where I use a combination of data driven models and fundamental research. My approach is ...

Summary of Triple Flag Precious Metals Conference Call Company Overview - **Company Name**: Triple Flag Precious Metals (NYSE: TFPM) - **Market Capitalization**: Approximately $7.6 billion, recently around $8 billion due to performance [2] - **Business Model**: Precious metals streaming and royalty company with over 230 royalties and streams [1] Key Financial Metrics - **Production Guidance**: Expected to produce 95,000-105,000 ounces in 2026, with a long-term target of 140,000-150,000 ounces by 2030 [2][3] - **Dividend Growth**: Initial dividend of $0.19 per share in 2021, increased to $0.23 per share; cash flow distribution to shareholders expected to decrease from over 20% in 2021 to less than 10% [4] - **Cash Position**: Over $70 million in cash at year-end, with $1 billion in available credit [5] Portfolio and Asset Overview - **Asset Count**: Portfolio consists of 239 assets, all sourced by the management team since 2016 [3] - **Key Assets**: - **Northparkes**: Major asset with a 25% weighting in the portfolio; a copper mine with gold by-product, operated by Evolution Mining [6] - **Geographic Focus**: High concentration in Australia, followed by North America and Latin America [7][8] Market Insights - **Gold as a Monetary Asset**: Emphasis on gold's strength compared to the US dollar; significant US dollar debt of $39 trillion [10] - **Investment Philosophy**: Focus on generating cash flow and reinvesting into further streams and royalties to create shareholder value [11] Growth Catalysts - **Future Projects**: Exciting growth assets expected to contribute beyond 2030, including the Arturo Project and Kemess [19][31] - **Northparkes Developments**: Approval of E22 block cave and potential capacity increase from 7.6 million tons per annum to over 10 million tons [24][26] - **E44 Deposit**: New gold-only deposit identified at Northparkes, with a revenue-sharing agreement that benefits both Triple Flag and Evolution [27][30] Recent Developments - **Talon Metals and Tamarack Project**: Positive developments in the Tamarack nickel project, with involvement from the Lundin Group [36][37] - **Deal Structuring in Rising Metals Price Environment**: No significant changes in deal terms; negotiations remain specific and tailored to individual circumstances [38][39] Conclusion - **Long-term Strategy**: Triple Flag aims to continue generating cash flow and reinvesting in high-quality assets to drive shareholder value, with a strong focus on gold and silver exposure [34]

Summary of Royal Gold Conference Call Company Overview - **Company**: Royal Gold - **Industry**: Precious metals royalty and streaming - **Portfolio**: 364 properties across 30 countries at various stages of development [1] Core Insights and Arguments - **Transformational Year**: 2025 is described as a transformational year for Royal Gold, highlighted by significant acquisitions such as Sandstorm and Horizon [1] - **Portfolio Strength**: The merger with Sandstorm has combined a strong producing portfolio (e.g., Milligan, Pueblo Viejo, Cortez) with a robust development portfolio (e.g., Platreef, Mara, Hod Maden), effectively doubling the number of growth assets [2][3] - **Diversification Focus**: The company emphasizes diversification to mitigate event risk associated with concentration in specific assets. Milligan is the only asset exceeding 10% of the portfolio on a NAV basis, which is considered a strong position [3][4] - **Political Risk Management**: The addition of countries like South Africa, Turkey, and Zambia is seen as beneficial for diversification. The company assesses political risk based on the importance of the mining industry to the respective governments [5] - **Asset Longevity**: Key assets like Mount Milligan have extended mine lives, with projections extending to 2045, which enhances the portfolio's long-term value [6][8] Key Assets and Developments - **Mount Milligan**: Ongoing optimization efforts focus on understanding grade issues through infill drilling. The market may not fully appreciate the potential of this asset [8][9] - **Pueblo Viejo**: Recent performance has been disappointing due to recovery issues, attributed to the weathered nature of stockpiles. Solutions are being explored, but improvements are not expected in the short term [10] - **Kansanshi**: A cornerstone asset with a 20-year mine plan, showing potential for gold production alongside copper. The company is well-positioned to benefit from future developments [11][12] - **Cortez**: The Four Mile project has exceeded expectations in terms of speed of development, with a long runway for future growth anticipated [14][15] - **Hod Maden**: The company aims to convert its 30% equity stake into a more conventional royalty or stream structure, prioritizing this conversion to mitigate cost overrun risks [24][26] Market Environment and Deal Dynamics - **Deal Size Evolution**: The typical deal size has shifted from the $100 million-$300 million range to $200 million-$500 million, driven by rising metal prices [31] - **M&A Activity**: There is a renewed interest in M&A, with the company optimistic about the potential for more transactions in the industry, particularly as larger companies engage in streaming products [33][35] - **Competition**: The competitive landscape is described as stable, with the company focused on integrating its recent acquisitions rather than pursuing new deals in the short term [40][41] Regulatory and Growth Potential - **Regulatory Support**: Efforts in North America to streamline permitting processes are seen as beneficial for the company's assets, particularly in Canada and the U.S. [43] - **Long-term Growth Assets**: Cortez, Zaventem, and Milligan are highlighted as having significant organic growth potential that may be underappreciated by the market [45][46][47] Additional Insights - **Equity Positions**: The company has been rationalizing non-core equity positions, such as the sale of the Versament block, which generated nearly $150 million to pay down debt [28][29] - **Operational Partnership**: The company positions itself as an operational partner, not just a financial one, emphasizing collaboration with asset operators to unlock value [50] This summary encapsulates the key points discussed during the Royal Gold conference call, providing insights into the company's strategy, asset performance, and market dynamics.

Coeur Mining (NYSE:CDE) Conference February 24, 2026 08:00 AM ET Company ParticipantsMitch Krebs - CEONone - Company RepresentativeConference Call ParticipantsNone - AnalystModeratorAll right. Good morning, everyone. We'll kick things off here in our silver sessions this morning. Our first presenter is Coeur Mining. I do have to let you know that we are restricted on Coeur Mining at BMO Capital Markets. Coeur Mining is a diversified North America-focused precious metals producer, and we're joined today by C ...