Beiträge von Bozkaschi

    Was bekommst Du dann noch für diese 300 $?


    Gruß! Fritz

    Wenn der Silberpreis von jetzt an wirklich einen '10-Bagger' macht , bleibt die Kaufkraft trotzdem erhalten. Auch die Inflation wird dann nicht die gesamte Wertsteigerung aufzehren. Denk mal drüber nach, was du ohne Gold und Silber in der Zukunft für dein Geld bekommen würdest. Ohne diese Absicherung wären die Verluste in der Kaufkraft enorm.

    Ich bin nur schon mal froh, wenn wir die 32.5 $ auf Wochenschlusskurs endlich überwinden. :love:


    Aber ich habe nichts gegen Optimisten, die braucht es heute in unserer Welt dringend.

    Wenn wir von 10–12k in Gold ausgehen (laut Northstar konservativ) und einem Ratio von 40:1 (am Ende von Goldbullenmärkten realistisch – 30:1 wäre auch möglich, aber wir nehmen 40:1), dann landen wir bei 300 $ für Silber in ein paar Jahren. So viel Fantasie gehört gar nicht in den Trade. [smilie_blume]



    Northstar (@NorthstarCharts) auf X
    $10,000 gold is a conservative target. I'm not kidding.
    x.com

    42% Of Available London Silver Vault Holdings Withdrawn Over Last 3 Month

    London Silver Squeeze Continues To Develop

    DAVID JENSEN
    MAR 07, 2025


    The London Bullion Market Association released their latest London silver vault data today that show 128.5 million (M) oz. of silver were withdrawn from London silver vaults over 3 months through February 2025.

    Of the 722M oz. of silver remaining at the end of February 2025, London vaults hold approximately 525M oz. owned by ETFs.

    Zitat
    The 128.5M oz. withdrawal of silver over these 3 months represents a removal of approximately 42% of London silver vault holdings not owned by ETFs during this period.
    It is thus not surprising that the implied 2-month lease rate for silver jumped to 5.5% two days ago on March 5, 2025 with the actual London silver lease rate potentially being much higher.

    [Blockierte Grafik: https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6e09d317-1066-4bbb-b9b1-376ee59de34c_898x610.png]

    Figure 1 - London Vault Holdings Of Silver And Gold; source: LBMA

    Zitat
    Market signals of silver price backwardation and very high lease rates for silver are indicating that there is very little physical silver currently held in London vaults that is available to market and the onset of a physical silver squeeze in London.

    Given the estimated 5 billion (B) oz. of silver spot/cash contracts standing in the London silver market at the beginning of January 2025, this London silver shortage can see a market price excursion develop very quickly if sufficient metal cannot be imported quickly as silver withdrawals continue.

    Zitat
    Keep in mind that of the remaining ~200M oz. of silver in London vaults that is not owned by ETFS, some of this metals is simply held in these vaults and is not available to market.

    Note also in Figure 1 above that during this 3 month period, a net 7.75M oz. of (heavy) gold were withdrawn from London vaults.

    Best regards,

    David Jensen


    42% Of Available London Silver Vault Holdings Withdrawn Over Last 3 Month
    London Silver Squeeze Continues To Develop
    jensendavid.substack.com

    Warren Buffett’s Billion-Dollar Silver Buy Signal is Back

    [Blockierte Grafik: https://katusaresearch.b-cdn.n…uy-Signal-is-Back-KII.jpg]

    While everyone is waiting to see if there’s any gold left in Ft. Knox, another, more obscure vault is hemorrhaging silver.

    And it’s happening right in plain sight.

    The last time this happened, Warren Buffett sank more than $650 million into silver and owned almost 1/3rd of the above-ground silver on the planet. So, believe me when I say it’s worth paying attention to.

    Because Buffett generally doesn’t move money around just for fun.

    The first time he invested in silver was in the late ‘60s. It took time, but the move paid off—with silver rising more than 1,000% in the following years.

    Thirty years later, Buffett saw the same buy indicators light up again. Only this time he had more funds at his disposal…

    • He bought 129.7M ounces of silver—more than 25% of global annual production.

    That’s how convinced he was in the accuracy of his indicators. And as you can see from the chart below, silver started to go up—and up some more.

    [Blockierte Grafik: https://katusaresearch.b-cdn.n…-Buffet-Buys-Silver-1.png]

    By his own admission, Buffett botched the trade, buying and selling early. But he still made more than half a billion dollars.

    So what did he see that made him so confident in the investment—and made him so much money? Three simple things:

    [Blockierte Grafik: https://katusaresearch.b-cdn.n…rren-Buffets-Critical.png]

    Now here’s the interesting part: It’s been almost exactly thirty years once again.

    • All three of Warren Buffett’s silver indicators are perfectly aligned—and a fourth one is in play no one saw coming.

    Which means another billion-dollar opportunity is right in front of you, but not for long.

    Let me show you exactly how close we are to seeing silver skyrocket.


    Silver’s “Third Turning” Is Unfolding…

    In the early ‘90s, industrial demand for silver surpassed production. That ongoing deficit is the #1 reason Buffett decided to step in:

    “The production and reclamation of silver [are] running about 100M ounces less than consumption.” – Warren Buffett

    By 2001, the cumulative deficit stood at 1.2 billion ounces. It wasn’t until 2006, the year Buffett sold, when the market reached equilibrium.

    The silver surplus lasted until 2021 when the deficit returned with a fury.

    • The combined deficits of 2021-2022 demolished the cumulative surpluses from the previous eleven years.

    And it hasn’t let up. The three largest silver market deficits in recorded history have been in the last three years.

    The cliff has been eerily similar to when Buffett was watching in the mid-‘90s:

    [Blockierte Grafik: https://katusaresearch.b-cdn.n…5/02/Silver-Surplus-2.png]

    Warren bought in at a cumulative 700M oz. deficit. The market zoomed right past that last year.

    And Sprott Asset Management predicts that the annual deficit will continue, averaging more than 200M ounces through 2030.


    The Silver Vaults Are Getting Ransacked

    Of course, Buffett considered secondary silver supply as a solution to the deficit.

    “There [are] enormous quantities of silver above ground… that could conceivably add to supply.” – Warren Buffett

    But he quickly observed that those inventories were “falling materially.”

    And once again, the major vaults have been quietly hemorrhaging silver for years. From 2021-2023, COMEX depositors withdrew a third of its silver—120M ounces.

    And from its peak in 2021, LBMA is down more than 400M ounces.

    • It dropped 71M ounces, or nearly 10%, in January 2025 alone.

    [Blockierte Grafik: https://katusaresearch.b-cdn.n…/uploads/2025/02/LBMA.png]

    Based on LBMA movements from the past three years, the vault will be dry by 2028.

    Which brings us to the third part of Buffett’s thesis: silver supply cannot and will not be replaced very quickly.

    “There [are] relatively few pure silver mines, so it [is] not easy to add production.” – Warren Buffett

    Less than a fifth of silver production is from mines that primarily produce silver.

    So supply is stagnant. Despite rising industrial demand, silver supply in 2024 was less than it was in 2014. It’s expected to stay low—even though new demand from an unexpected source is accelerating.


    Silver’s Day in the Sun

    Solar has taken over from photography as the primary demand driver for silver, and demand is skyrocketing.

    Solar’s demand for silver doubled from 2022 to 2024, from 12% of the market to 25% of the market.

    [Blockierte Grafik: https://katusaresearch.b-cdn.n…2025/02/Silver-Supply.png]

    Sprott estimates that by 2030, 370M ounces of silver will be needed for solar annually.

    Remember: All three of Buffett’s indicators are perfectly aligned.

    And there’s rising demand from solar.

    That’s why Katusa Research believes we’re in the earliest stages of a long-term silver bull market.

    Back when Buffett invested, other people made fortunes, too—like Tom Kaplan (billionaire today and largest collector of Rembrandts globally), and Ross Beaty, back when he was the CEO of Pan American Silver.

    Buffett’s move happened right while Ross was taking Pan American public, and it helped make Ross a billionaire.

    Now Tom sees the same thing happening again:

    “Buffett took his position at $4.50, and silver ultimately went back to $50. You’re going to see something not dissimilar once again, in silver.” – Tom Kaplan

    If investors are going to make billions from silver, Katusa Research readers should be among them. That’s why the Katusa Research team has prepared a special guide for you:

    Silver’s Perfect Storm: A Comprehensive Guide

    to 2025’s Most Undervalued Metal

    Included in the guide:

    • How silver’s dual role, SWAP Line politics, and historical cycles are aligning for explosive gains.
    • A battle-tested framework for finding the best silver investments before Wall St.
    • How to use the Way of the Alligator to position yourself for the next mega-move in silver.

    Download the guide and start reading it now. You won’t regret it.

    Regards,

    Marin Katusa


    Warren Buffett’s Billion-Dollar Silver Buy Signal is Back
    History Shows This Could Send Silver Prices Soaring.
    katusaresearch.com

    Eloro Resources


    Wette auf Silber und Zinn


    Das Unternehmen Wir kennen Thomas Larsen, den CEO von Eloro Re- sources, schon seit vielen Jahren. Vor gut einem Jahr- zehnt führte Larsen den Eisenerz-Konzern Champion Iron in Quebec, Kanada, zum Erfolg. Jetzt scheint sich die Geschichte zu wiederholen. Denn der Eloro-Chef steht vor einem erneuten Durchbruch. In Bolivien besitzt Eloro das Iska Iska- Projekt. Dort schlummern riesige Vorkommen unter der Erde, vor allem an Silber, aber auch an Zink und Blei - sowie zuletzt entdeckt - Zinn Iska Iska gehört mit derzeit geschätzten 298 Millionen Unzen (je 31,1 Gramm) zu den größten noch nicht er-

    schlossenen Silbervorkommen auf der Welt.



    Die Aktie


    In den vergangenen zwei Jahren verlor die Aktie deutlich an Wert. Das dürfte eine große Chance für Neueinsteiger sein. Denn fundamental sieht es bei Eloro aus heutiger Sicht gut aus. Der Konzern wird zwar weiteres Kapital aufnehmen müssen, um die Explorationsarbeiten weiter

    voranzubringen und eine geplante Pilotanlage zu bauen.

    Aber das sollte gelingen. Die Aktie ist aber spekulativ!


    Die Vision


    Der Aufbau der Pilotanlage und die Entdeckung großer Zinnlagerstätten werten das Iska Iska- Projekt auf. Bei großen Bergbaukonzernen dürfte dies aufgrund des Ausmaßes der allein bisher entdeckten Ressourcen von zusammen rund 1,15 Milliarden Unzen Interesse we cken - dabei sind Zinn, Zink und Blei in Silber umgerech net. Bevor Eloro selbst eine Produktion aufbaut, dürfte der Konzern oder das Projekt zu einem hohen Preis übernommen werden. Immerhin beträgt allein der Wert der nahe der Oberfläche entdeckten Ressourcen (132 Millionen Tonnen mineralisiertes Gestein) abzüglich

    geschätzter Abbaukosten mehr als eine Milliarde Euro.



    Eloro Resources Ltd. (@EloroResources) auf X
    Eloro was recently featured in Focus Money's Alpha Cap Report. Andreas Körner's stock market newsletter focuses on international small caps that offer far…
    x.com

    Silber ist heute wieder mal ganz pfui.... ;(

    Wir werden bis Mittwoch noch Angriffe der Banken sehen, um den Silberpreis zu drücken, denn an diesem Tag laufen die Silber-Future-Februar-Kontrakte aus. Danach sollte der Silberpreis nachhaltig seine nächste Stufe zünden dürfen.


    Der Silberpreis liegt noch über dem Trendkanal seit Februar 2024. Ich hoffe, dass wir ihn bis Mittwoch halten können (nicht unter 32 $). Falls wir kurzzeitig darunter fallen, sollten wir ab Donnerstag wieder steigen.

    “Was kann die Minen jetzt den Schub verleihen, damit wir endlich die Hürde nehmen? Ehrlich gesagt, ich weiss es nicht!!”


    Das Gold/Silber-Ratio sollte stark fallen – nur Gold als führendes Metall reicht nicht aus. Silber muss endlich aus dem Schatten treten. Viele denken, dass 33 $ für Silber gar nicht so schlecht klingt, aber bisher hat es lediglich die Performance von Gold nachgeahmt und steht mit einem Ratio von 90:1 weiterhin schwach da.


    Wenn wir einen Bullenmarkt bei Minenaktien sehen wollen, muss Silber die Führungsrolle übernehmen. Ob es dazu kommt oder ob ein Aktienmarkt-Crash dies zunichtemacht – abgesehen von einem starken physischen Goldpreis – bleibt abzuwarten.


    Übrigens: Hat Jamie Dimon letzten Donnerstag wirklich ein Drittel seiner J.P. Morgan-Aktien verkauft?


    First Majestic Silver Announces Record Free Cash Flow for Q4 2024, FY 2024 Financial Results and Quarterly Dividend Payment

    Mr. Keith Neumeyer reports:

    Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce the Company's audited consolidated financial results for the fourth quarter ended December 31, 2024. The full version of the financial statements and the accompanying management's discussion and analysis can be viewed on the Company's website at www.firstmajestic.com or under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar. All amounts are in U.S. dollars unless stated otherwise.

    FOURTH QUARTER HIGHLIGHTS

    • Record Free Cash Flow (+119% Q/Q): The Company realized $68.4 million in free cash flow in the fourth quarter, compared to $31.3 million in the previous quarter. The improvement in free cash flow was driven by improved silver equivalent ("AgEq") production, higher realized silver prices and lower costs during the quarter.
    • Strengthened Cash Position (+19% Q/Q): At the end of the year, the Company had a cash and restricted cash balance of $308.3 million consisting of $202.2 million cash and cash equivalents and $106.1 million of restricted cash. The Company also ended the year with a strong liquidity position of $364.2 million consisting of $224.5 million in working capital and $139.6 million of available, undrawn revolving credit facility.
    • Increased Revenue (+18% Q/Q): In the fourth quarter, the Company generated revenues of $172.3 million, up 18% compared to the third quarter of 2024.
    • Improved Mine Operating Earnings (+69% Q/Q): The Company realized mine operating earnings of $48.2 million compared to $28.5 million in the previous quarter.
    • Increased Earnings Before Income Tax, Depreciation and Amortization ("EBITDA") (+68% Q/Q): EBITDA for the quarter was $62.0 million compared to $36.9 million in the previous quarter.
    • Improved Cash Cost (-9% Q/Q): Consolidated cash cost of $13.82 per AgEq ounce for the quarter represented a 9% improvement from $15.17 per AgEq ounce in the previous quarter.
    • Decreased All-in Sustaining Cost ("AISC") (-3% Q/Q): Consolidated AISC in the fourth quarter was $20.34 per AgEq ounce, representing a 3% decrease from $21.03 per AgEq ounce in the previous quarter.
    • Record Quarterly Sales at First Mint (+237% Q/Q): First Mint, LLC, the Company's 100%-owned minting facility, set a new record for quarterly sales of $9.1 million compared to $2.7 million in the previous quarter.
    • Purchased Common Shares: The Company purchased and cancelled an aggregate of 50,000 common shares at an average price of CAD$7.81 per share during the quarter.
    • Fourth Quarter Dividend: The Company declared a cash dividend of $0.0057 per common share for the fourth quarter of 2024 for shareholders of record as of the close of business on February 28, 2025, to be paid out on or about March 14, 2025.





    First Majestic Silver Announces Record Free Cash Flow for Q4 2024, FY 2024 Financial Results and Quarterly Dividend Payment
    Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "...
    www.juniorminingnetwork.com


    B2Gold Reports Q4 and Full Year 2024 Results; Achieved 2024 Total Gold Production and Consolidated Cost Guidance; Goose Project Remains On Track for First Gold in Q2 2025 and Total Capital Estimate Remains at C$1,540 Million; Q1 2025 Dividend of US$0.02

    B2Gold Reports Q4 and Full Year 2024 Results; Achieved 2024 Total Gold Production and Consolidated Cost Guidance; Goose Project Remains On Track for First Gold in Q2 2025 and Total Capital Estimate Remains at C$1,540 Million; Q1 2025 Dividend of US$0.02
    VANCOUVER, British Columbia, Feb. 19, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) an...
    www.juniorminingnetwork.com


    Pan American Silver Reports Audited Financial Results for 2024, Including Record Revenue, Cash Flow From Operations and Free Cash Flow

    Mr. Michael Steinmann reports:

    Company provides 2025 Operating Outlook


    VANCOUVER, British Columbia / Feb 19, 2025 / Business Wire / Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") provides fourth quarter ("Q4 2024") financial results and audited financial results for the year ended December 31, 2024 ("FY 2024"), and its outlook for production, costs and expenditures in 2025 (the "2025 Operating Outlook"). Pan American will host a conference call and webcast to discuss the 2024 financial results and the 2025 Operating Outlook on February 20, 2025; details provided further in this news release.

    "Pan American generated record free cash flow of $196.2 million in Q4 and $445.1 million in 2024, reflecting strong metal prices, expanding margins, and solid operating performance, highlighted by strong silver and record annual gold production," said Michael Steinmann, President and Chief Executive Officer. "We are well positioned to continue generating robust operating margins in 2025, by prioritizing safe, sustainable operations and efficient cost management. We are in a strong financial position with $1.6 billion of total available liquidity to provide solid shareholder returns through dividends and opportunistic share buybacks, while pursuing our strategic initiatives."


    Q4 2024 and FY 2024 HIGHLIGHTS:

    • Silver production was 6.0 million ounces in Q4 2024 and 21.1 million ounces in FY 2024. Annual silver production was within the 2024 Guidance.
    • Gold production was 224.2 thousand ounces in Q4 2024 and a record 892.5 thousand ounces in FY 2024. Gold production in Q4 2024 excludes December production from the La Arena mine (the sale of the mine was completed on December 2, 2024). Annual gold production was within the 2024 Guidance.
    • Record revenue of $815.1 million and $2.8 billion in Q4 2024 and FY 2024, respectively.
    • Net earnings of $107.8 million, or $0.30 basic earnings per share, in Q4 2024. FY 2024 net earnings of $112.7 million, or $0.31 basic earnings per share.
    • Adjusted earnings of $126.9 million, or $0.35 basic adjusted earnings per share, in Q4 2024. FY 2024 adjusted earnings of $286.7 million, or $0.79 basic adjusted earnings per share.
    • Record cash flow generated from operating activities of $274.1 million and $724.1 million in Q4 2024 and FY 2024, respectively.
    • Record free cash flow of $196.2 million and $445.1 million in Q4 2024 and FY 2024, respectively.
    • Silver Segment Cash Costs were $14.06 and $14.30 per ounce in Q4 2024 and FY 2024, respectively. Silver Segment all-in sustaining costs ("AISC") excluding net realizable value ("NRV") inventory adjustments were $19.88 and $18.98 per ounce in Q4 2024 and FY 2024, respectively. FY 2024 Silver Segment Cash Costs and AISC were slightly above the 2024 Guidance ranges.
    • Gold Segment Cash Costs were $1,223 and $1,203 per ounce in Q4 2024 and FY 2024, respectively. Gold Segment AISC excluding NRV inventory adjustments were $1,521 and $1,501 per ounce in Q4 2024 and FY 2024, respectively. FY 2024 Gold Segment Cash Costs and AISC were within the 2024 Guidance ranges.
    • Capital expenditures totaled $372.4 million in 2024, comprised of $279.0 million of sustaining capital and $93.4 million of project capital.
    • As at December 31, 2024, the Company had working capital of $1,033.4 million, inclusive of cash and short-term investments of $887.3 million, and $750.0 million available under its revolving Credit Facility. Total debt of $803.3 million was related to two senior notes, construction and other loans, and leases.
    • A cash dividend of $0.10 per common share has been declared, payable on or about March 14, 2025, to holders of record of Pan American’s common shares as of the close on March 3, 2025. The dividends are eligible dividends for Canadian income tax purposes.
    • Under the Company's Normal Course Issuer Bid ("NCIB"), for the year ended December 31, 2024, 1,720,366 common shares were repurchased for cancellation at an average price of $14.16 per share for a total consideration of $24.3 million. In January 2025, 909,012 common shares were repurchased for cancellation under the NCIB at an average price of $22.00 per share for a total consideration of $20.0 million.

    Q4 2024 Project Updates:

    • La Colorada - $8.0 million of project capital was spent, primarily on the Skarn project for engineering work and exploration drilling.
    • Huaron - $6.5 million of project capital was spent on the construction of the new tailings filtration plant and filter-stack tailings storage facility, which was substantially completed in Q4 2024 and is expected to be fully operational within the first half of 2025. Residual capital accounts payable settlements are expected in 2025 and have been included in the 2025 Operating Outlook.
    • Timmins - $1.5 million of project capital was spent to complete construction of the Bell Creek paste backfill plant. The plant is now fully operational and is expected to provide enhanced ground stability and increased mineral resource recovery.
    • Jacobina - $4.5 million of project capital was spent in upgrading the plant facility infrastructure and on a study aimed at optimizing the mine's long-term economics and sustainability.
    • Escobal - Guatemalan government representatives held working meetings with Xinka representatives in relation to the ongoing Escobal ILO 169 consultation process. Pan American also had working meetings with the government, including with the Vice Minister of Sustainable Development who is responsible for overseeing the consultation process. The Escobal mine remains on care and maintenance and there is no date for a restart of operations.

    Pan American Silver Reports Audited Financial Results for 2024, Including Record Revenue, Cash Flow From Operations and Free Cash Flow
    Company provides 2025 Operating Outlook All amounts expressed in U.S. dollars unless otherwise indicated. Tabular amounts are in millions of U.S. ...
    www.juniorminingnetwork.com

    Coeur Mining Reports Fourth Quarter and Full-Year 2024 Results


    SilverCrest transaction completed creating leading global silver company; second consecutive quarter of strong net income, adjusted EBITDA and free cash flow; provides full-year 2025 guidance

    CHICAGO / Feb 19, 2025 / Business Wire / Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported fourth quarter 2024 financial results, including revenue of $305 million and cash flow from operating activities of $64 million. The Company reported GAAP net income from continuing operations of $38 million, or $0.08 per share. On an adjusted basis1, Coeur reported EBITDA of $116 million, cash flow from operating activities before changes in working capital of $79 million and net income from continuing operations of $45 million, or $0.11 per share.

    For the full year, Coeur reported revenue of $1.1 billion, cash flow from operating activities of $174 million and GAAP net income from continuing operations of $59 million, or $0.15 per share. On an adjusted basis1, the Company reported EBITDA of $339 million, cash flow from operating activities before changes in working capital of $162 million and net income from continuing operations of $70 million, or $0.18 per share.

    Key Highlights

    • Strong full-year 2024 production and cost results – 2024 full-year production of 341,582 ounces of gold and 11.4 million ounces of silver represented year-over-year increases of 8% and 11%, respectively, and fell solidly within the 2024 guidance ranges. Full-year 2024 costs applicable to sales per ounce declined year-over-year by 11% for gold and 9% for silver
    • Second consecutive quarter of positive free cash flow and further EBITDA growth – Fourth quarter free cash flow of $16 million brought total second half free cash flow to $85 million. Fourth quarter adjusted EBITDA of $116 million resulted in full-year 2024 adjusted EBITDA1 of $339 million compared to $142 million in 2023
    • Strong fourth quarter results from Rochester – Rochester’s silver and gold production increased by 34% and 63%, respectively, quarter-over-quarter to 1.6 million ounces of silver and 15,752 ounces of gold, bringing the full-year totals to 4.4 million silver ounces and 39,203 gold ounces. Tons placed in the fourth quarter totaled 8.2 million tons, exceeding the 7.0 - 8.0 million tons target. Fourth quarter free cash flow of $12 million represented the first positive free cash flow quarter since the fourth quarter of 2019
    • Further debt reductions – Coeur repaid an additional $30 million of the revolving credit facility (“RCF”)2during the quarter, reducing the outstanding balance by 29%, or $80 million since mid-year to $195 million. The Company’s net debt to adjusted EBITDA ratio declined to 1.6x at year-end compared to 3.4x at year-end 2023
    • SilverCrest transaction now closed – Coeur’s $1.58 billion acquisition of SilverCrest Metals Inc. (“SilverCrest”) closed on February 14, 2025, which adds the high-grade, low-cost Las Chispas silver and gold operation in Sonora, Mexico to the Company’s portfolio of North American assets and creates a leading global silver company
    • Robust expected 2025 production growth positions Coeur for record results – 2025 production guidance ranges of 380,000 - 440,000 ounces of gold and 16.7 - 20.3 million ounces of silver represent expected year-over-year increases of 20% and 62%, respectively3. These ranges reflect the expected benefit of the recently acquired Las Chispas operation and the first full-year of production from the newly expanded Rochester operation totaling 7.0 - 8.3 million silver ounces and 60,000 - 75,000 gold ounces, representing year-over-year expected increases of 75% and 72%, respectively3

    Coeur Mining Reports Fourth Quarter and Full-Year 2024 Results
    SilverCrest transaction completed creating leading global silver company; second consecutive quarter of strong net income, adjusted EBITDA and free...
    www.juniorminingnetwork.com

    Gary Savage und die Zyklen


    "Gary Savage: We Could See $3200 Gold and $40 Silver by April"


    ich denke das ist das Ziel für den Frühling.Sein langfristiges Ziel für diesen Zyklus sind

    7.000-10.000$ in Gold und 100-500$ in Silber.



    Time Stamp References:
    0:00 - Introduction
    0:40 - The Bigger Picture
    3:00 - Eight Year Cycle
    6:00 - Gold & Market Volatility
    9:20 - Momentum & Gold Outlook
    13:00 - Silver Possibilities
    15:30 - Timing Assessment
    19:00 - Gold/Silver Ratio Uses
    23:40 - Monitoring the Miners
    26:40 - Human Nature & BIAS
    30:00 - Fundamentals & Sentiment
    34:45 - Tops, Debt, & Fed Policy
    39:30 - Silver Opportunity
    43:00 - Wrap Up




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    Bussler beim Rohstoff Investor zum Thema


    Muss London die Gold-ETF's plündern?


    Er spricht aber auch über naked shorts HansE [smilie_blume]

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    Es gibt aktuelle Nachrichten zu den in London zur Auslieferung verfügbaren Goldbeständen:


    Gold lease rates exploding higher again as London is almost out of unallocated physical. Next move up will be historic as unhedged shorts are squeezed.


    zerohedge (@zerohedge) auf X
    Gold lease rates exploding higher again as London is almost out of unallocated physical. Next move up will be historic as unhedged shorts are squeezed.
    x.com

    Gold lease rates exploding higher again as London is almost out of unallocated physical. Next move up will be historic as unhedged shorts are squeezed.


    zerohedge (@zerohedge) auf X
    Gold lease rates exploding higher again as London is almost out of unallocated physical. Next move up will be historic as unhedged shorts are squeezed.
    x.com


    Lassen wir mal Mathe beiseite, ich denke, der aktuelle Chart von Wornie erklärt schon vieles.




    Zitat von woernie

    Also , aus gegebenem Anlass...wollte eigentlich erst zum Wochenend-Update damit kommen , aber die Ereignisse 'überschlagen' sich etwas :


    227784-bild5-gif


    Wäre Gold Silber nur im New Yorker Crimex Handel gehandelt worden , stünden wir heute bei 20 Cent Spot ! Wäre Silber dagegen nur außerhalb der US-Handelszeit gehalten worden, also im asiatischen Handel (Kauf zum Close in New York, Verkauf zum Open dort) stünden wir heute ...Fanfare....bei 200 $ !!! [smilie_happy]




    Ansonsten habe ich noch etwas Aktuelles von Hannes Zipfel, der den Silberpreis auch im Hinblick darauf thematisiert, dass es viele große US-Banken in Schieflage bringen würde, wenn man Silber frei laufen lässt – aber das ist natürlich jedem seine Meinung.: [smilie_blume] :D




    Trump 2:0: An diesen Politikstil (auf allen Gebieten) muss man sich erst wieder gewöhnen. Für Gold ganz gut, für die Geopolitik wie eine Wäscheschleuder. Jetzt muss nur Noch Ag nach oben ausbrechen. Weil das aber einige Banken in Schieflage bring en würde, tobt hinter den Kulissen ein Machtkampf der Shorties. Anstelle der „CRIMEX“ (COMEX) würde ich den involvierten Großbanken auf Grund des des jetzt richtig in Schwung kommenden Ressourcen-Kampfes dringend einen Exit-Plan nahe legen. Ab Donnerstag wieder voll Arbeitsfähig).


    Hannes Zipfel (@HannesZipfel) auf X
    Trump 2:0: An diesen Politikstil (auf allen Gebieten) muss man sich erst wieder gewöhnen. Für Gold ganz gut, für die Geopolitik wie eine Wäscheschleuder. Jetzt…
    x.com


    Hier noch ein Nachschlag von Wornie zum 'Warum', denn ich glaube, das ist das Problem vieler, die nicht verstehen, warum Gold und Silber so lange so massiv manipuliert wurden.


    227956-1-gif



    Dazu zufällig heute in einem Börsenbrief gelesen :


    Zitat
    Zitat Fakt ist auch, dass der Goldpreis jahrzehntelang von den sog. „Bullion-Banken“ über den New Yorker Terminmarkt (vermutlich im Auftrag oder mit Duldung des US-Finanzministeriums) nach allen Regeln der Kunst manipuliert wurde. Die Manipulateure wurden alle zur Zahlung von hohenMilliarden-Strafenverurteilt. Dies hat aber nicht dazu geführt, dass die Manipulationen gestoppt wurden. Es wurde immer weiter manipuliert und es wurden dabei weitere hohe Milliardenstrafen in Kauf genommen. Ziel der Manipulationen war es stets den natürlichen Preisauftrieb von Goldzu „dämpfen“, da sich die fortlaufende „Entwertung“ der Leitwährung „US-Dollar“ am Goldpreis am einfachsten ablesen lässt. Weil die manipulierenden Großbanken ihr schändliches Treiben trotz der hohen Milliardenstrafen unbeeindruckt fortgesetzt haben, liegt der Verdacht nahe, dass die Manipulationen im Auftrag oder mit Duldung des US-Finanzministeriums erfolgten. Handfeste Beweise für diesen Verdacht gibt es nicht. Faktist aber, dass eine Manipulation über die Terminmärkte hervorragend funktioniert, solange die Spekulanten am Terminmarkt keine physische Lieferung verlangen. Wegen der riesigen Volumina, die an den Terminbörsen gehandelt werden, hat der dort stattfindende Handel mit der Realität nicht mehr viel zu tun. Das Ganze entspricht einem Casino, an dem SpekulantenLeerkäufe“ und „Leerverkäufe“ tätigen können, um an den „Kursdifferenzen“ zu verdienen. In 99 % der Fälle sind Geschäfte am Terminmarkt reine „Luftgeschäfte“, bei denen Gewinne und Verluste der Spekulanten in Cash abgerechnet werden. Dass wir mit dieser Beschreibung des Terminhandelsnicht übertreiben, hat sich beim Terminhandel mit Rohöl gezeigt. Vor ein paar Jahren haben Spekulanten den Rohölpreis nach unten gejagt, und zwar auf einen Tiefstpreisvon minus – 35 $/Barrel. Man konnte sich wirklich fragen, wie so etwas überhaupt möglich ist. Es kann doch niemand an der Tankstelle kostenlos volltanken und bekommt dafür noch Geld heraus. Der Beweis, dass Terminmärkte ein „eigener Kosmos“ sind, war durch diesen Vorfall erbracht.

    Quelle: https://fm-inside-guide.ch/


    Silvercorp Metals meldet einen bereinigten Nettogewinn von 22,0 Millionen US-Dollar, 0,10 US-Dollar pro Aktie und einen Cashflow aus betrieblicher Tätigkeit von 44,8 Millionen US-Dollar für das 3. Quartal des Geschäftsjahres 2025



    VANCOUVER, BC, 11. Februar 2025 /CNW/ - Silvercorp Metals Inc. („Silvercorp“ oder das „Unternehmen“) (TSX: SVM) (NYSE American: SVM) hat seine Finanz- und Betriebsergebnisse für die drei Monate bis zum 31. Dezember 2024 („Q3 Geschäftsjahr 2025“) bekannt gegeben. Alle Beträge sind in US-Dollar angegeben und die Zahlen sind aufgrund von Rundungen möglicherweise nicht kumulierbar.


    HIGHLIGHTS FÜR Q3 GESCHÄFTSJAHR 2025


    383.543 Tonnen Erz abgebaut, 361.810 Tonnen Erz gemahlen und ungefähr 2.056 Unzen Gold, 1,9 Millionen Unzen Silber oder ungefähr 2,1 Millionen Unzen Silberäquivalent1 sowie 17,1 Millionen Pfund Blei und 6,7 Millionen Pfund Zink produziert;

    Verkauf von ca. 1.875 Unzen Gold, 2,0 Millionen Unzen Silber, 17,1 Millionen Pfund Blei und 6,6 Millionen Pfund Zink für einen Umsatz von 83,6 Millionen USD;


    Auf die Stammaktionäre entfallender Nettogewinn von

    26,1 Millionen USD oder 0,12 USD pro Aktie


    Abzüglich eines Gewinns von 11,6 Millionen USD aus dem beizulegenden Zeitwert der derivativen Verbindlichkeiten, abzüglich einer einmaligen, nicht routinemäßigen Lizenzzahlung für die Übertragung von Mineralrechten in Höhe von 8,9 Millionen USD für die Erneuerung der SGX-Bergbaulizenz und anderer kleinerer Posten beträgt der den Stammaktionären zuzurechnende bereinigte Nettogewinn1 22,0 Millionen USD oder 0,10 USD pro Aktie;


    Erzielter Cashflow aus operativer Tätigkeit von 44,8 Millionen USD;


    Barkosten pro Unze Silber abzüglich Nebenproduktgutschriften1 von minus 1,88 USD;


    All-in-Sustaining-Kosten pro Unze Silber abzüglich Nebenproduktgutschriften1 von 12,75 USD


    17,8 Millionen US-Dollar wurden für die unterirdische Erkundung und Erschließung ausgegeben und kapitalisiert, und 7,5 Millionen US-Dollar wurden für Ausrüstung und Einrichtungen für die Abraumlagerstätte Nr. 3 und die neue Mühle mit einer Kapazität von 1.500 Tonnen pro Tag im Bergbaubezirk Ying ausgegeben;


    2,1 Millionen US-Dollar wurden für die Projekte El Domo und Condor ausgegeben und kapitalisiert;

    13,25 Millionen USD an Wheaton Precious Metals International Ltd. („Wheaton“) zurückgezahlt, um Verpflichtungen zur Lieferung von 92,3 Unzen Gold pro Monat an Wheaton für das El Domo-Projekt zu beseitigen;


    3,7 Millionen USD für Dividenden an die Aktionäre des Unternehmens und für den Aktienrückkauf ausgegeben;


    Vorhandene Barmittel in Höhe von 211,1 Millionen USD plus 143,3 Millionen USD Nettoerlös aus der Ausgabe unbesicherter vorrangiger Wandelanleihen bescheren dem Unternehmen 354,6 Millionen USD in Barmitteln und Barmitteläquivalenten sowie kurzfristigen Anlagen; das Unternehmen verfügt außerdem über eine Stream-Vereinbarung zum Zugriff auf bis zu 175,0 Millionen USD zur Finanzierung des Baus des El Domo-Projekts und hält ein Portfolio von Kapitalbeteiligungen an assoziierten Unternehmen und anderen Unternehmen mit einem Gesamtmarktwert von 68,9 Millionen USD zum 31. Dezember 2024; und

    den ersten Bauauftrag für das El Domo-Projekt nach dem Kriterium „Stückkosten“ vergeben.


    Silvercorp Metals Reports Adjusted Net Income of $22.0 Million, $0.10 Per Share, and Cash Flow From Operations of $44.8 Million for Q3 Fiscal 2025
    VANCOUVER, BC, Feb. 11, 2025 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reported its financial ...
    www.juniorminingnetwork.com

    Silver Storm Announces 107% Increase in Indicated Mineral Resources at La Parrilla


    Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTC: SVRSF | FSE: SVR), is pleased to announce the results of an updated Mineral Resource estimate (“Updated Mineral Resource Estimate”) reported in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) for the Company’s 100% owned La Parrilla Silver Mine Complex, located in Durango Mexico. The Updated Mineral Resource Estimate was completed by David F. Machuca-Mory, PhD, PEng, of SRK Consulting (Canada) Inc. (“SRK”).

    This press release features multimedia. View the full release here:


    https://www.businesswire.com/news/home/20250211572259/en/


    [Blockierte Grafik: https://mms.businesswire.com/media/20250211572259/en/2378051/4/Rosarios_Wireframe_2024_MRE.jpg]

    Figure 1: Plan View of Mineral Resource Estimate Vein Wireframes at the Rosarios Mine (Graphic: Business Wire)

    Highlights of the Updated Mineral Resource Estimate include: 107% increase in Indicated Mineral Resources, from 5.2 Moz Ag.Eq1,2 in the 2023 Mineral Resource Statement to 10.8 Moz Ag.Eq58% increase of Inferred Mineral Resources, from 10.3 Moz Ag.Eq in the 2023 Mineral Resource Statement to 16.3 Moz Ag.EqApproximately 90% of the Indicated and 85% of the Inferred Mineral Resource tonnage is sulphide mineralization; 10% of the Indicated and 15% of the Inferred Mineral Resource tonnage is oxide mineralizationSilver dominant: 66% of the Indicated and 69% of the Inferred Updated Mineral Resource gross metal value is derived from silver23 additional mineralized structures have been modelled, including several that were previously mined by the former operator, with significant upside potentialTotal all-in exploration cost of US$0.22/oz Ag.Eq discovered

    CEO | Mobile Investment Conference