https://www.voxroyalty.com/_resources/news/2025/nr-20250422.pdf
https://s28.q4cdn.com/583965976/files/doc_downloads/2025/Royal_Gold_2024_Asset-Handbook_FINAL.pdf
Lumina Gold Announces Acquisition by CMOC for C$581 Million
Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") and CMOC Singapore Pte. Ltd., a Singapore entity and a subsidiary of CMOC Group Limited (collectively "CMOC"), both of which are arm's length to the Company, are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement"), pursuant to which CMOC will acquire all of the issued and outstanding common shares of Lumina (the "Lumina Shares"), in exchange for C$1.27 per Lumina Share (the "Consideration") in an all-cash transaction by way of a plan of arrangement (the "Transaction"). The Consideration represents total equity value of approximately C$581 million on a fully diluted basis.
April 16, 2025
Tony Makuch, Discovery’s CEO, commented: “With the closing of the Porcupine acquisition, Discovery moves forward as a diversified North American precious metals company, combining growing gold production in a highly prolific gold camp in Northern Ontario, Canada, with our Cordero project, one of the world’s largest silver development projects based on reserves and expected production.
“The Porcupine Complex has produced approximately 70 million ounces of gold since 1910. Included in acquired Porcupine assets are:
“Our recently released technical report (the “Report”) estimated average annual production of over 285,000 ounces of gold for the next 10 years, with total production extending to 2046. We expect to improve on the estimates in the Report by investing in the assets to grow production, extend mine life and lower costs at existing operations. We also have a strong commitment to exploration, with there being multiple attractive drill targets at each asset and significant regional exploration potential.
“Looking ahead, our aim is to re-establish Porcupine as a Tier 1 asset in the global gold industry, one that meets the highest operating standards and achieves excellence in all aspects of responsible mining. Our efforts will be supported by a strong balance sheet, with approximately C$240 million ($170 million) having been added to our cash position through our recent financings. As a management team, we know Porcupine well, have a solid understanding of the opportunities that exist, and are looking forward to getting started.”
https://www.businesswire.com/news/home/20250415143951/en/Mesabi-Trust-Press-Release
The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of fifty-six cents ($0.56) per Unit of Beneficial Interest payable on May 20, 2025 to Mesabi Trust Unitholders of record at the close of business on April 30, 2025. This compares to a twenty-nine cents ($0.29) per Unit distribution declared for the same period last year.
Alberto Morales, Executive Chairman and CEO, stated: "Our first quarter production of 21,361 gold equivalent ounces was in line with expectations and reflects the seasonality we typically see across our operations, with Q1 historically being our lowest quarter. We anticipate higher production in Q2 and continued momentum in the second half of the year, positioning us to meet our full-year guidance. While San Bartolome is especially impacted by seasonal factors in Q1, our overall results were consistent with expectations. Our production profile is weighted toward the second half of the year, with approximately 40% forecast in the first half and 60% in the second. This production profile applies to both gold output at Golden Queen and silver output at San Bartolome. We expect both operations to contribute equally to our total gold equivalent ounce production, with steady performance anticipated through the remainder of the year. Andean remains well-positioned to deliver on our 2025 guidance."
| OPERATIONAL RESULTS | Q1 2025 | Q1 2024 | ||||
| Consolidated | ||||||
| Gold ounces produced (Au, oz) | 11,078 | 10,433 | ||||
| Silver ounces produced (Ag, k-oz) | 925 | 917 | ||||
| Gold equivalent ounces produced (Au, oz) 1 | 21,361 | 21,031 | ||||
| Gold ounces sold (Au, oz) | 10,824 | 11,291 | ||||
| Silver ounces sold (Ag, k-oz) | 1,029 | 919 | ||||
| Gold equivalent ounces sold (Au, oz) 1 | 22,251 | 20,868 | ||||
| Golden Queen | ||||||
| Gold ounces produced (Au, oz) | 10,309 | 10,259 | ||||
| Silver ounces produced (Ag, k-oz) | 79 | 105 | ||||
| Gold equivalent ounces produced (Au, oz) 1 | 11,189 | 11,490 | ||||
| Gold ounces sold (Au, oz) | 10,029 | 11,121 | ||||
| Silver ounces sold (Ag, k-oz) | 77 | 108 | ||||
| Gold equivalent ounces sold (Au, oz) 1 | 10,881 | 11,343 | ||||
| San Bartolome | ||||||
| Gold ounces produced (Au, oz) | 769 | 174 | ||||
| Silver ounces produced (Ag, k-oz) | 846 | 812 | ||||
| Gold equivalent ounces produced (Au, oz) 1 | 10,172 | 9,541 | ||||
| Gold ounces sold (Au, oz) | 795 | 170 | ||||
| Silver ounces sold (Ag, k-oz) | 952 | 811 | ||||
| Gold equivalent ounces sold (Au, oz) 1 | 11,370 | 9,525 | ||||
Apr 14, 2025
CALGARY, Alberta, April 14, 2025 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) (TSX: PSK) is pleased to announce its first quarter operating and financial results for the period ended March 31, 2025.
First Quarter Highlights:
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Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced record revenue of US$82.2 million for the first quarter of 2025 from quarterly metal sales of 28,761 gold equivalent ounces1 (“GEOs”). All dollar amounts are expressed in US dollars, unless otherwise noted.
“Our business achieved record revenue to start the year. Triple Flag is on track to deliver 2025 GEOs guidance of 105,000 to 115,000 ounces,” commented Sheldon Vanderkooy, CEO. “We are also pleased to have completed our acquisitions on the Arcata, Azuca and Tres Quebradas assets, representing near-term cash flow from long-life operations located in the Americas with significant exploration potential. Triple Flag is well-positioned to deliver per share growth in the strong precious metals price environment.”
April 9, 2025
Increased Resource at Globex’s Parbec Royalty Property
First Quarter Preliminary Results
During the three months ended March 31, 2025, the Company sold approximately 18,500 attributable gold equivalent ounces1 and realized record preliminary revenue2 of $50.1 million (20,316 attributable gold equivalent ounces and $42.8 million in revenue for the comparable period in 2024). The Company had record preliminary total sales, royalties, and income from other interests1 of $54.1 million for the three months ended March 31, 2025 ($42.8 million in total sales, royalties, and income from other interests for the comparable period in 2024).
Preliminary cost of sales, excluding depletion2 for the three months ended March 31, 2025, was $6.9 million resulting in record cash operating margins1 of approximately $2,507 per attributable gold equivalent ounce1 ($5.7 million and $1,782 per attributable gold equivalent ounce for the comparable period in 2024, respectively).
Share Buybacks and Capital Allocation
During the first three months of 2025, Sandstorm purchased and cancelled approximately 3.1 million of the Company's common shares (the "Common Shares") for total consideration of approximately $19.0 million.
The Company will continue to assess its capital allocation strategy with a focus on further share purchases and debt repayment, dependent on market conditions. As at March 31, 2025, the outstanding balance on the Company's revolving credit facility was approximately $340 million with an undrawn and available balance of $285 million2.
