Beiträge von bsi

  • K92 Mining / KNT (CVE)

    Aktuell schon wieder stark im Minus. > 10 %


    Sofern alles mit den Zahlen stimmt sind das aktuell super Kurse zum Einstieg.


    Habe mir heute noch ein paar ins Nest gelegt.


    Allen viel Erfolg


    bsi

  • K92 Mining / KNT (CVE)

    fyi

    K92 Mining Inc. Releases 2019 Q2 Financial Results, Increases 2019 Production Guidance and Decreases 2019 Cost Guidance
    12:30 Uhr | GlobeNewswire
    [Blockierte Grafik: https://www.goldseiten.de/bilder/minen/logos/3040.png]

    • For the three months (brackets six months) ended June 30, 2019, K92 sold 18,824 (37,240) gold oz for the period at a cost of US$551/oz1 ($472/oz1) and an all-in sustaining cost (AISC) of US$681/oz1 (US$618/oz1)
    • Head grade of 16.7 g/t Au (six months ended June 30, 2019 – 19.6 g/t Au)
    • Revenue less Cost of Sales for the three months (brackets six months) ended June 30, 2019 was US$10,784,119 ($25,456,759)
    • Increased production guidance for 2019 to 72,000 to 80,000 gold equivalent (AuEq) oz (originally 68,000 to 75,000 AuEq oz).
    • Decreased cost guidance for 2019 to cash costs of $560/oz1 to $600/oz1 (originally $580/oz1 to $620/oz1) and AISC of $720/oz1 to $760/oz1 (originally $780/oz1 to $820/oz1)


    VANCOUVER, British Columbia, Aug. 15, 2019 -- K92 Mining Inc. (“K92” or the “Company”) (TSXV: KNT; OTCQB: KNTNF) is pleased to announce results from its financial statements for the three and six months ended June 30, 2019.
    This second quarter of 2019 saw record tonnes processed, producing 19,652 oz AuEq from the Kora North deposit with cash costs of US$551/gold oz and AISC of US$681/gold oz. Revenue for the second quarter was US$23,293,370 with a gross margin US$10,784,119.
    For complete details of the consolidated interim financial statements and associated management's discussion and analysis, please refer to the Company's profile on SEDAR (http://www.sedar.com). All amounts are in U.S. dollars unless otherwise indicated.
    John Lewins, K92 Chief Executive Officer and Director, stated, “The second quarter of 2019 was a record for K92 in terms of tonnes processed. K92 produced just under 20,000 oz AuEq for the quarter and just under 40,000 oz AuEq for the year-to-date, putting us ahead of our production guidance and below the cost guidance provided at the beginning of the year. As a result, K92 has increased its production guidance to between 72,000 and 80,000 AuEq ounces and decreased its all-in sustaining cost guidance to $720 to $760/oz from $780 to $820/oz gold. Production continues to meet revised expectations in the third quarter of 2019.”
    MINE OPERATING ACTIVITIES


    Three months ended June 30, 2019Six months ended June 30, 2019
    Operating data
    Head grade (Au g/t)16.719.6
    Gold recovery (%)93.2%93.4%
    Gold ounces produced18,98038,106
    Gold ounces equivalent produced (1)19,65239,437
    Pounds of copper produced261,800525,900
    Silver ounces produced6,89412,458
    Financial data (in thousands of dollars)
    Gold ounces sold18,82437,240
    Revenues from gold salesUS$23,680US$46,654
    Mine operating expensesUS$10,679US$18,353
    Depreciation and depletionUS$1,801US$3,317
    Statistics (in dollars)
    Average realized selling price per ounce, netUS$1,258US$1,253
    Cash cost per ounce (1)US$551US$472
    All-in sustaining cost per ounce (1)US$681US$618



    Review of financial results
    Net income
    The Company's net income for the three months ended June 30, 2019, totalled US$5,288,706, or income per share of US$0.03 compared with US$4,071,596 or US$0.02 per share for the three months ended June 30, 2018.
    Operating Cash Flow
    The Company’s operating cash flow for the six months ended June 30, 2019 totalled US$15,551,272 or US$0.08 per share compared with US$8,923,410 or US$0.05 per share for the six months ended June 30, 2018. Operating cash flow before working capital adjustments for the six months ended June 30, 2019 totalled US$24,781,013 or US$0.13 per share compared with US$10,210,147 or US$0.05 per share for the six months ended June 30, 2018.
    Notes


    1. The Company provides some non-international financial reporting standard measures as supplementary information that management believes may be useful to investors to explain the Company's financial results. Please refer to non-IFRS financial performance measures of the Company's management's discussion and analysis dated August 14, 2019, available on SEDAR, for reconciliation of these measures.


    K92 has not based its production decisions on mineral reserve estimates or feasibility studies, and historically such projects have increased uncertainty and risk of failure. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
    Qualified Person
    K92 mine geology manager and mine exploration manager, Andrew Kohler, PGeo, a qualified person under the meaning of Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and is responsible for the technical content of this news release. Data verification by Mr. Kohler includes significant time onsite reviewing drill core, face sampling, underground workings, and discussing work programs and results with geology and mining personnel.
    For further information regarding the Kainantu gold mine, please refer to the technical report dated January 8, 2019, and entitled, "Independent Technical Report, Mineral Resource Estimate Update and Preliminary Economic Assessment of Kora North and Kora Gold Deposits, Kainantu Project, Papua New Guinea," available on SEDAR.
    On Behalf of the Company,
    John Lewins, Chief Executive Officer and Director
    For further information, please contact Investor Relations at +1-604-687-7130.
    NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events, or developments that the Company believes, expects or anticipates will or may occur are forward-looking information, including statements regarding the realization of the preliminary economic analysis for the Kainantu Project, expectations of future cash flows, the planned plant expansion, production results, cost of sales, sales of production, potential expansion of resources and the generation of further drilling results which may or may not occur. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the market price of the Company’s securities, metal prices, exchange rates, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes, failure of plant, equipment or processes to operate as anticipated, accidents, labour disputes, claims and limitations on insurance coverage and other risks of the mining industry, changes in national and local government regulation of mining operations in PNG, and regulations and other matters. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

  • Argonaut Gold / AR (TSX)

    Argonaut Gold Announces Second Quarter 2019 Operating and Financial Results
    07.08.2019 | CNW
    [Blockierte Grafik: https://www.goldseiten.de/bilder/minen/logos/1583.jpg]


    TORONTO, Aug. 7, 2019 - Argonaut Gold Inc. (TSX: AR) (the "Company", "Argonaut Gold" or "Argonaut") announces its operating and financial results for the second quarter ended June 30, 2019. The Company reports quarterly production of 40,213 gold equivalent ounces1 ("GEO" or "GEOs"), cash flow from operating activities before changes in operating working capital of $11.3 million and net income of $5.4 million or earnings per share of $0.03. All dollar amounts are expressed in United States dollars, unless otherwise specified (C$ refers to Canadian dollars).
    CEO Commentary
    Pete Dougherty, President and CEO stated: "We successfully completed the construction of the crushing and stacking expansion at San Agustin from 20,000 tonnes per day to 30,000 tonnes per day on time and slightly under budget. However, San Agustin production during the quarter was adversely affected by the underperformance of one of our three water wells, and while we have the ability to crush and stack ore at the 30,000 tonne per day rate, we have not done so due to solution constraints. We are currently completing the drilling of a fourth water well at San Agustin, which will be brought online this month. With this additional water well, we anticipate catching up on recovered ounces during the second half of 2019 with sufficient water to meet planned solution flow levels. In terms of our development project pipeline, we remain on track to deliver a pre-feasibility study for our Cerro del Gallo project before the end of the year and continue to advance environmental permitting at both Cerro del Gallo and San Antonio."
    Outlook
    The Company remains on track to achieve its 2019 production guidance. However, due to the elevated costs experienced during the first half of the year, primarily due to the shortage of water at the San Agustin mine, the Company is revising its cost guidance. The Company anticipates it will produce between 200,000 and 215,000 GEOs during 2019 at a cash cost of between $800 to $900 per gold ounce sold (previously $775 to $875 per gold ounce sold) and all-in sustaining costs of between $1,025 and $1,125 per gold ounce sold (previously $975 to $1,075 per gold ounce sold) (see "Non-IFRS Measures" section). The Company expects costs to trend lower in the second half of the year due to:


    • sufficient water at the San Agustin mine to meet planned solution flow rates of the expanded 30,000 tonne per day crushing and stacking rate;
    • a reduction of crushing costs at the El Castillo mine due to run-of-mine ore available in Phases 9 and 10 of the pit;
    • improved grades and a lower waste to ore ratio at the La Colorada mine; and
    • a higher proportion of production from the lower cost San Agustin mine and a lower proportion of production from the higher cost El Castillo mine in the second half of 2019.


    1 GEOs are based on a conversion ratio of 70:1 for silver to gold for 2018 and 75:1 for 2019. The silver to gold conversion ratio is based on the three-year trailing average silver to gold ratio.



    Due to savings experienced in the first half of the year with respect to the leach pad construction at the El Castillo Complex and the expansion of the crushing and stacking system at the San Agustin mine, the Company has narrowed its 2019 capital estimate to the lower end of its original guidance range. The Company plans to invest between $50 million and $55 million in capital programs during 2019 (previously between $50 million and $60 million), of which approximately $30 million was spent during the first half of 2019.
    With approximately 60% of the 2019 capital spend completed during the first half of 2019 and significantly reduced capital requirement in 2020 compared to 2019, as the Company has no leach pad expansion requirements in 2020 and has completed its $15 million crushing and stacking expansion at San Agustin, the Company expects to generate increased free cash flow through the end of 2020 (see "Non-IFRS Measures" section).
    Key operating and financial statistics for the second quarter of 2019 are outlined in the following table:



    Der Markt sieht es nicht so possitiv.


    VG
    bsi

  • Angebot von Goldmünzen und -barren

    Hallo,



    biete folgende Münzen an:



    1 Dukat, 3,44 fein (2 Stück vorhanden, dürften Neuprägungen, 1915 sein)


    Preis 143.- € pro Stück + Versand reserviert
    ( unter Ankauf Auragentum 145,-)


    Bei Interesse bitte PN


    VG
    bsi

  • Americas Silver Corp./ USA, USAPF (TSX, OTC)

    fyi

    Americas Silver Reports Second Quarter Production Results and Relief Canyon Construction Update
    13:00 Uhr | Business Wire
    [Blockierte Grafik: https://www.goldseiten.de/bilder/minen/logos/234.jpg]
    Americas Silver Corp. (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”), a growing North American precious metals producer, announces Q2, 2019 production and operating cost results on a consolidated and individual basis for its Cosalá Operations and Galena Complex and a construction update on the Relief Canyon gold mine. All figures are in U.S. dollars.
    Second Quarter Highlights


    • Consolidated silver production of approximately 1.7 million silver equivalenti ounces and 345,695 silver ounces, representing an increase of 15% year-over-year to both silver and silver equivalent.
    • Consolidated cash costsii were approximately $8.28 per silver ounce and consolidated all-in sustaining costs (“AISC”) were approximately $16.15 per silver ounce, both representing an increase year-over-year and from the prior quarter. These increased costs were primarily the result of lower realized prices for zinc and lead and lower production at the Galena Complex.
    • For the first half of 2019, consolidated silver production of approximately 3.4 million silver equivalent ounces and 740,000 silver ounces with consolidated cash costs of approximately $3.60 per silver ounce and consolidated AISC of approximately $10.50 per silver ounce.
    • Guidance for 2019 remains unchanged at 1.6 – 2.0 million silver ounces and 6.6 – 7.0 million silver equivalent ounces at cash costs of $4.00 to $6.00 per silver ounce and AISC of $10.00 to $12.00 per silver ounce. The Company expects to release its second quarter financial results on or before August 14, 2019.
    • Construction is proceeding as expected at the Relief Canyon Mine with leach pad activities progressing, mobilization of the mining contractor expected later this week and all fabrication work on the crusher and conveyors progressing to meet scheduled delivery in the third quarter. First gold pour is expected in late Q4, 2019.
    • Milled tonnage at the Cosalá Operations increased by 13% year-over-year, with the San Rafael mine sustaining an average milling rate of approximately 1,750 tonnes per operating day during the quarter, resulting in production of approximately 1.3 million silver equivalent ounces, including approximately 145,000 silver ounces. Cash costs were approximately negative ($18.27) per silver ounce and AISC were approximately negative ($11.66) per silver ounce, representing increases of 70% and 72%, respectively, when compared to prior year, largely due to lower zinc and lead prices and higher treatment and refining charges.
    • The Galena Complex produced approximately 383,000 silver equivalent ounces, including approximately 200,000 silver ounces, representing decreases of 3% and 9%, respectively, when compared to Q2, 2018. Cash costs were approximately $27.55 per silver ounce and AISC were approximately $36.35 per silver ounce, representing increases of 50% and 36%, respectively, when compared to the same period. These increases were largely due to a focus on development over production given low metals prices during the quarter.


    “The Company remains on target to achieve its full year production and cost guidance despite the expected lower production from the Galena Complex and lower realized metal prices in the quarter,” said Americas Silver President and CEO Darren Blasutti. “The second half of 2019 will be a very exciting period for our Company as we expect not only higher silver production, but most importantly, first gold pour from the Relief Canyon Mine.”
    Consolidated Second Quarter Production Details
    Consolidated silver production for the second quarter of 2019 was 345,695 ounces and silver equivalent production was approximately 1.7 million ounces, an increase of 15% year-over-year for both metrics. Consolidated cash costs increased 235% to $8.28 per silver ounce year-over-year and AISC increased 199% to $16.15 per silver ounce compared year-over-year. Consolidated zinc production increased by 27% year-over-year, while consolidated lead production increased by 16% year-over-year.