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Mink Ventures Grants Stock Options
Globenewswire· 2025-11-10 22:17
Core Points - Mink Ventures Corporation has approved the grant of 1,050,000 incentive stock options to its officers, directors, and consultants at an exercise price of $0.13 per common share, with a term of ten years expiring on November 10, 2035 [1] - The company is focused on mineral exploration in Ontario, Canada, particularly for critical minerals, with a strong portfolio in nickel, copper, and cobalt [2] - The Montcalm project covers approximately 100 km adjacent to Glencore's former Montcalm Mine, which historically produced 3.93 million tonnes of ore with grades of 1.25% Ni, 0.67% Cu, and 0.051% Co [2] - Mink Ventures has 33,606,719 common shares outstanding [2]
Wheaton Precious Metals(WPM) - 2025 Q3 - Earnings Call Transcript
2025-11-07 17:00
Financial Data and Key Metrics Changes - Wheaton Precious Metals achieved record revenue of $476 million in Q3 2025, a 55% increase compared to the previous year, driven by a 37% increase in commodity prices and a 13% increase in sales volumes [15][16] - Net earnings increased by 138% from the prior year to $367 million, while adjusted net earnings rose by 84% to $281 million [16] - Operating cash flow increased to $383 million, a 51% increase from last year [16] - The company reported a cash balance of approximately $1.2 billion at the end of Q3 2025, with expected annual operating cash flows of $2.5 billion over the next five years [17][18] Business Line Data and Key Metrics Changes - Overall production in Q3 was 173,000 gold-equivalent ounces (GEOs), a 22% increase from the prior year, primarily due to strong production at Salobo and Antamina [9][13] - Salobo produced 67,000 ounces of attributable gold, a 7% increase from last year [10] - Constancia produced 19,500 ounces of attributable GEOs, a 9% improvement from last year [10] - Blackwater produced 6,400 ounces of attributable GEOs, with production expected to be weighted towards Q4 2025 [11][12] Market Data and Key Metrics Changes - 58% of revenue came from gold, 39% from silver, and the rest from palladium and cobalt [15] - The company expects production guidance for 2025 to remain unchanged at 600,000-670,000 GEOs [12] Company Strategy and Development Direction - Wheaton continues to invest in innovation across the mining sector and community initiatives, launching its second annual Future of Mining Challenge focused on sustainable water management technologies [4] - The company announced two new streaming transactions, reinforcing its disciplined approach to capital deployment [8] - Wheaton's growth profile is further de-risked through progress across six key development projects scheduled to come online over the next 24 months, with a forecasted 40% production growth by 2029 [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strong financial foundation and ability to meet funding commitments while pursuing new opportunities [4][18] - The management team highlighted the competitive advantage of the streaming model in generating predictable cash flows compared to traditional royalty models [3] - The company remains optimistic about its growth profile, with significant contributions expected from new projects and existing operations [31][81] Other Important Information - The company made total upfront cash payments for streams of $250 million during the quarter, with a projected $2.5 billion in upfront payments expected by the end of 2029 [16][17] - Wheaton's balance sheet remains robust, providing exceptional financial flexibility and positioning the company with the strongest liquidity profile among peers [18] Q&A Session Summary Question: Future growth and volume growth comparison with peers - Management indicated that Wheaton's growth profile includes close to 250,000 ounces a year between now and 2029, which is significantly higher than peers [29][30] Question: Capital deployment into larger-scale copper projects - Management acknowledged the potential for future growth in large porphyry copper-gold systems, indicating that streaming will likely play a role in financing [32] Question: Technical information on Spring Valley - Management provided insights into the updated feasibility study and recovery rates, emphasizing the potential for higher production than forecasted [35][36] Question: Silver opportunities in the market - Management confirmed that there are larger silver opportunities available and that the company is actively pursuing them [46][48] Question: Payment profile for Spring Valley stream - Management explained that the majority of the $670 million payment will be made during development, with a small upfront payment [78]
Wheaton Precious Metals(WPM) - 2025 Q3 - Earnings Call Presentation
2025-11-07 16:00
Financial Performance - Revenue reached $476 million in Q3 2025[7] - Net earnings totaled $367 million[7] - Adjusted net earnings amounted to $281 million[7] - Operating cash flow was $383 million[7] - Gross margin for Q3 2025 increased by 70% compared to Q3 2024[24] - Net earnings increased by 138% from $155 million in Q3 2024 to $367 million in Q3 2025[25] - Adjusted net earnings increased by 84% from $153 million in Q3 2024 to $281 million in Q3 2025[25] - Operating cash flow increased by 51% from $254 million in Q3 2024 to $383 million in Q3 2025[25] Operational Highlights - Salobo produced 67,000 ounces of attributable gold, a 7% increase relative to Q3 2024[13] - Peñasquito produced 2.1 million ounces of attributable silver, a 17% increase relative to Q3 2024[13] Corporate Development - Declared a quarterly dividend of $0.165 per common share, a 6.5% increase relative to the fourth quarterly dividend of 2024[9]
Wheaton Precious Metals (WPM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-11-07 03:01
Core Insights - Wheaton Precious Metals Corp. reported a revenue of $476.26 million for the quarter ended September 2025, marking a 54.5% increase year-over-year and a surprise of +1.08% over the Zacks Consensus Estimate of $471.15 million [1] - The company's EPS for the quarter was $0.62, up from $0.34 in the same quarter last year, exceeding the consensus EPS estimate of $0.59 by +5.08% [1] Financial Performance - The stock has returned -10% over the past month, while the Zacks S&P 500 composite has increased by +1.3% [3] - Wheaton Precious Metals holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3] Key Metrics - Units Sold - Silver: 4,760.00 Oz, exceeding the 10-analyst average estimate of 4,678.09 Oz [4] - Units Produced - Gold - Sudbury: 5.00 Oz, surpassing the average estimate of 4.10 Oz [4] - Units Produced - Gold - Salobo: 67.00 Oz, slightly below the average estimate of 67.57 Oz [4] - Units Produced - Gold - Constancia: 12.80 Oz, exceeding the average estimate of 7.45 Oz [4] Sales Performance - Sales of Silver - Peñasquito: $63.21 million, compared to the $65.09 million average estimate, representing a +28.1% year-over-year change [4] - Sales of Silver - Antamina: $60.98 million, exceeding the $50.11 million average estimate, with a +108.4% year-over-year change [4] - Sales of Cobalt: $9.62 million, surpassing the $6.02 million average estimate, reflecting a +924.8% year-over-year change [4] - Sales of Gold - San Dimas: $23.08 million, compared to the $24.11 million average estimate, with a +32% year-over-year change [4] - Total Sales of Gold: $274.8 million, slightly below the 10-analyst average estimate of $280.98 million, representing a +45.8% year-over-year change [4] - Total Sales of Silver: $188.8 million, exceeding the 10-analyst average estimate of $179.19 million, with a +64% year-over-year change [4] - Sales of Palladium: $3.04 million, compared to the $2.69 million average estimate, reflecting a -16.5% year-over-year change [4] - Sales of Gold - Stillwater: $5.08 million, in line with the $5.09 million average estimate, representing a +24.8% year-over-year change [4]
Doubleview Gold Corp. Closes First Tranche of $5,700,000 Non-Brokered Private Placement
Newsfile· 2025-11-07 02:34
Core Viewpoint - Doubleview Gold Corp. has successfully closed the first tranche of its non-brokered private placement, increasing its offering due to strong shareholder interest, while also adjusting its flow-through share offering [1][2]. Group 1: Private Placement Details - The first tranche raised approximately $5.77 million by issuing 8,242,857 non-flow-through units at a price of $0.70 per unit [1]. - Each unit consists of one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $1.00 for 24 months [1]. - The company has increased its non-flow-through offering from $5 million to $7.25 million and reduced its flow-through offering from $5 million to $1.5 million [1][2]. Group 2: Use of Proceeds - Proceeds from the first tranche will fund the exploration program for the Hat Project in British Columbia and provide general working capital [2]. - Finder's fees totaling $350,000 in cash and 500,000 non-transferable finder warrants will be paid to Ventum Financial Corp. [2]. Group 3: Regulatory and Compliance - All securities issued are subject to a four-month-and-one-day hold period, expiring on March 7, 2026, in accordance with securities laws [3]. - The private placement is pending approval from the TSX Venture Exchange, with the company expecting to close the remaining portions soon [3]. Group 4: Company Overview - Doubleview Gold Corp. is a mineral resource exploration and development company based in Vancouver, focusing on precious and base metal projects across North America, particularly in British Columbia [4]. - The company aims to enhance shareholder value through the acquisition and exploration of critical minerals using advanced exploration techniques [4][5]. Group 5: Hat Polymetallic Deposit - The Hat Deposit is a significant polymetallic porphyry project in northwestern British Columbia, containing major resources of copper, gold, cobalt, and potential scandium [6]. - The resource estimate includes 150 million tonnes of indicated resources with an average grade of 0.408% CuEq and 477 million tonnes of inferred resources with an average grade of 0.344% CuEq [6]. - Scandium potential is estimated at 300 to 500 million tonnes with an average grade of 40 ppm (0.004%) Sc2O3 [7].
Champion Electric Announces Board Member Resignation
Newsfile· 2025-11-06 22:30
Toronto, Ontario--(Newsfile Corp. - November 6, 2025) - Champion Electric Metals Inc. (CSE: LTHM) (OTC Pink: CHELF) (FSE: 1QB0) ("Champion Electric" or the "Company") announces that, effective immediately, Paul Fornazzari has stepped down from his position as a member of the Company's Board of Directors. The Company's Board of Directors (the "Board") will continue with the three remaining members until a suitable candidate is appointed.About Champion Electric Metals Inc.Champion Electric is a discovery-foc ...
Giga Metals Completes Final Tranche of Upsized Private Placement
Globenewswire· 2025-11-06 21:05
NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Scott Lendrum, CEO of Giga Metals Corp. (“Giga Metals” or the “Company”) (TSX-V: GIGA; OTCQB: GIGGF; FSE: BRR2) is pleased to announce that Giga has completed the private placement previously announced on October 15, 2025. The Company closed 3,904,109 Units at $0.11 per Non-Flow-Through Unit for gross proceeds of $429,451 and 8,637,693 Units at $0.13 per Flow-Through Un ...
Labrador Gold Provides Update on Exploration at the Hopedale and Borden Lake Extension Gold Projects
Globenewswire· 2025-11-06 15:18
Core Insights - Labrador Gold Corp. is advancing its exploration programs in 2025 at the Hopedale and Borden Lake gold projects, focusing on orogenic gold and other mineral deposits [1][25] - The Hopedale property is situated in the Florence Lake greenstone belt, which is underexplored compared to similar global belts, showing significant gold anomalies [25] - The Borden Lake Extension property is adjacent to Discovery's Borden Gold Mine, with ongoing exploration efforts to identify mineralization [26] Hopedale Project - The 2025 exploration program primarily targets the Thurber Gold trend, a 3-kilometer area with notable gold occurrences [2] - A 26-line kilometer Induced Polarization (IP)/Resistivity survey was conducted, revealing a trend of moderate chargeability and high resistivity linked to significant gold occurrences [3][4] - Detailed mapping and sampling efforts have identified gold grades of 2.2g/t Au and nickel values ranging from 0.15% to 0.25% in various locations [5] Borden Lake Extension - A drone magnetic and LiDAR survey was initiated to better understand the geological contact between different rock types in the Borden Lake Extension [11] - Field crews located 43 outcrops and collected 30 bedrock samples, although no obvious mineralization was found [14] - The magnetic survey identified a significant east-northeast trending lineament, correlating with geological features interpreted from Ontario Geological Survey data [15] Project Acquisition Update - Labrador Gold is actively evaluating resource opportunities in Canada, having reviewed 29 resource projects and 22 pre-resource projects for potential significant resources [19]
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RT Redwood Materials (@RedwoodMat)America runs on critical minerals—cobalt, lithium, nickel & copper. Redwood produced 60,000 MT of materials in Nevada last year and now we’re starting production in South Carolina, adding 20,000 MT more to strengthen America’s energy resilience, tech leadership & national security.https://t.co/LPhTfK7i2d ...
First Atlantic Nickel to Attend North American Stainless & Special Alloys Conference 2025, Highlighting Pipestone XL Nickel Alloy Project's Smelter-Free Processing and Chromium Byproduct Potential for North America's Critical Alloys Supply Chain
Globenewswire· 2025-11-06 12:01
NASHVILLE, Tenn., Nov. 06, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (“First Atlantic or the “Company”) (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) is pleased to announce its participation at the North American Stainless & Special Alloys Conference 2025, taking place November 6-7, 2025, in Nashville, Tennessee. The Company will participate in business development discussions throughout the event, showcasing how its Pipestone XL Nickel Alloy Project addresses the growing need for nickel, cobalt and chro ...