Beiträge von Sorgenfrei

  • Investmentfirmen mit Edelmetallbezug

    2176423 Ontario Ltd. announces change in ownership of Common Shares of Sprott Inc.


    https://www.newswire.ca/news-r…sprott-inc-515137011.html


    TORONTO, July 17, 2014 /CNW/ - 2176423 Ontario Ltd. (the "Selling Shareholder"), a company controlled by Eric Sprott, has reduced its ownership of common shares (the "Common Shares") of Sprott Inc. (the "Corporation").
    As previously announced by the Corporation on July 15, 2014, the Selling Shareholder sold, though a secondary offering (the "Offering"), 20,000,000 Common Shares (representing approximately 8% of the issued and outstanding Common Shares) to a syndicate of underwriters co-led by TD Securities Inc. and Scotia Capital Inc., and including RBC Dominion Securities Inc., CIBC World Markets Inc., GMP Securities L.P., Canaccord Genuity Corp., Cormark Securities Inc. and Desjardins Securities Inc. (collectively, the "Underwriters"), at a price of $3.00 per Common Share (the "Issue Price") for gross proceeds of $60,000,000.

  • Elemental Royalty Corp./ ELE (TSX.V, NASDAQ)

    Zitat von Sorgenfrei

    Elemental Royalties Announces Gold Stream Acquisition, Concurrent Equity Financing and 2022 Guidance

    https://ceo.ca/@newsfile/eleme…s-gold-stream-acquisition

    HIGHLIGHTS

    • Gold stream acquisition delivers immediate cash flow and uncapped long-term revenue potential from a Canadian mine with a long operating history and a track record of exploration success
    • Minimum gold deliveries to Elemental set at 1,200 ounces per year for the first three years
    • Financing, mostly with La Mancha, a new strategic investor, is at a 14% premium to the Hostile Bid1
    • 2022 guidance is an increase of between 54% and 81% in gold equivalent ounces compared with 2021 preliminary sales. The preliminary outlook is for further material growth in 2023
    • Seventh producing asset for Elemental, uniquely diversified cash flow amongst royalty peers


    Rambler Metals and Mining PLC ('Rambler' or the 'Company')


    Update - Creditors Voluntary Liquidation


    https://www.investegate.co.uk/…tion/202304210700039816W/

  • Royal Gold Inc. / RGLD (NAS)

    Royal Gold Provides 2023 Guidance for GEO Sales, DD&A and Effective Tax Rate


    https://www.businesswire.com/news/home/20230420005139/en/



    DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today its guidance for expected total stream and royalty sales volume; depletion, depreciation and amortization expense (“DD&A”); and effective tax rate for calendar year 2023.
    Royal Gold expects 2023 gold equivalent ounce1 (“GEO”) sales, DD&A expense and effective tax rate to be as follows:
    January 1 – December 31, 2023
    Total GEO Sales 320,000 – 345,000 GEO
    Gold 235,000 – 250,000 oz
    Other Metals 85,000 – 95,000 GEO


    DD&A $490 – 540 / GEO


    Effective Tax Rate 17 – 22%


    The 2023 GEO sales guidance is based on publicly available production forecasts and certain confidential information and production forecasts provided to Royal Gold from certain operating counterparties. These third-party forecasts have been adjusted by Royal Gold where appropriate based on management’s experience. Additionally, this guidance is based on the following key assumptions, among others:

    • The following commodity prices for 2023 projections: $1,825/oz gold, $22.50/oz silver, $3.80/lb copper, $11.50/lb nickel, $0.90/lb lead, and $1.30/lb zinc;
    • With respect to our Principal Properties2:

      • Gold production at the Cortez mine from the Legacy Royalty area (gross royalty rate of approximately 9.4%) of 450,000 to 480,000 ounces with a midpoint of approximately 465,000 ounces, and estimated production from the Cortez Complex Zone (“CC Zone”) (gross royalty rate of approximately 1.6%) of approximately 535,000 ounces3;
      • The first full year of production at the target throughput rate of 10,000 tonnes per day at the Khoemacau mine;
      • Lower production in the first half of 2023 at the Mount Milligan mine compared to the second half, which is expected to impact sales in the second half of 2023 due to the normal-course lag in timing between concentrate shipments and stream deliveries;
      • The continued mining of lower grade ore from the Andacollo mine through 2023 as anticipated in the mine plan, as well as the remaining impact of extreme weather and unplanned maintenance in the third quarter of 2022, which is expected to affect sales in 2023 due to the normal-course lag in timing between concentrate shipments and stream deliveries;
      • Lower gold production from the Peñasquito mine due to lower grade and harder ore mined from the Chile Colorado pit and continued stripping of the next phases of the Peñasco and Chile Colorado pits, with higher silver, lead and zinc production expected from the Chile Colorado pit; and,
      • Continued variable deliveries of silver ounces from the Pueblo Viejo mine with no material deliveries of deferred ounces expected while the expanded plant ramps up to full production levels throughout the year after substantial completion of commissioning, which Barrick expected in the first quarter.

  • Elemental Royalty Corp./ ELE (TSX.V, NASDAQ)

    Elemental Altus Royalties Announces 65% Increase in Guidance for 2023

    https://www.newsfilecorp.com/release/163152


    Vancouver, British Columbia--(Newsfile Corp. - April 20, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces 2023 guidance of between 9,000 to 10,200 Gold Equivalent Ounces ("GEOs") representing at its midpoint an approximate 65% increase on the 5,800 GEOs received in 2022. At a US$1,800 per ounce average realized gold price and US$3.75 per pound of copper, this guidance would provide the
    Company with 2023 revenue of approximately US$16.2 million to US$18.4 million1 with approximately 70% attributable to gold and 30% to copper.
    Frederick Bell, CEO of Elemental Altus, commented:
    "The strong growth in our guidance for 2023 maintains our track record of increasing guidance every year since 2018. Our diversified portfolio of producing royalties on high quality mines, with proven operators, provides a strong foundation to our further growth. For 2023 we are projecting an approximate sixty five percent increase on the approximate 5,800 GEOs received in 2022. The increase is attributed to an uplift in GEOs expected from the Bonikro gold mine, along with incremental increases in production from the Karlawinda, Wahgnion, and Mercedes gold mines."
    Significant Asset Updates

    • Elemental Altus announces that it has paid a total of US$300,000 in cash to a private third-party entity to acquire an additional 0.25% NSR royalty on AuTECO's (ASX:AUT) Pickle Crow gold asset in Ontario, increasing the effective NSR royalty held by the Company to 2.25%.
    • Lundin Mining (TSX:LUN) announced on March 27, 2023 that it has entered into a binding purchase agreement to acquire a 51% interest in the Caserones copper mine in Chile. Elemental Altus holds an effective 0.443% NSR royalty interest on Caserones2.


  • Verfall des Hegemon USA

    „Der Dollar ist ernsthaft in Schwierigkeiten“ – Charles Nenner warnt, das „30% der Weltbevölkerung im nächsten Kriegszyklus sterben wird“


    https://uncutnews.ch/der-dolla…riegszyklus-sterben-wird/


    Auszug aus dem unten eingebetteten Video.
    Der bekannte geopolitische und finanzielle Zyklusexperte Charles Nenner hat davor gewarnt, dass seine Kriegszyklen nach oben gehen. Nenner sagte vor einigen Jahren auch voraus, dass der US-Dollarzyklus eines Tages nach unten gehen würde – ganz nach unten.
    Die Zukunft ist da, und Nenner erklärt: „Wir kennen uns seit vielen Jahren, und ich habe gesagt, der Dollar wird sich halten, aber jetzt nicht mehr, jetzt nicht mehr…“
    Nenner sagt, dass seine Zyklen „den Dollar auf 70 im Dollar-Index fallen sehen“. Derzeit liegt er bei etwas über 100, aber es wird noch schlimmer. Nenner weist darauf hin


  • Royalty- und Streamingfirmen für Rohstoffe und Energie

    Altius Reports Q1 2023 Expected Attributable Royalty Revenue(1) of $21.4 million

    https://www.businesswire.com/news/home/20230419005650/en/
    ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Altius Minerals Corporation (ALS: TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) expects to report Q1 2023 attributable royalty revenue of $21.4 million, detailed as follows:
    Royalty Revenue Summary


    Potash portfolio revenue during the quarter was $9.0 million, which compares to $9.9 million in the first quarter of 2022, reflecting lower average realized prices and similar attributable portfolio production volumes.
    Base and battery metal (primarily copper) revenue of $4.9 million was similar to the prior quarter but lower than the year ago comparable quarter based mainly upon the scheduled closure of the 777 mine in Q2 of 2022 and lower revenue from Chapada, which was enhanced by the timing of sales in the comparable prior year quarterly period.
    Iron ore revenue in the form of dividends from Labrador Iron Ore Royalty Corp., which serves as a pass-through vehicle for royalty income and equity dividends related to the operations of Iron Ore Company of Canada (IOC), was $1.9 million, as compared with Q1 2022 iron ore revenue of $1.4 million. The increase related to a higher share ownership level while both the current and comparable period quarters were impacted by increased levels of sustaining and growth capital investments that limited IOC equity dividends.
    Thermal (electrical) coal revenue of $3.0 million during the current quarter compared to $3.1 million during the first quarter of last year on lower attributable production volumes at the Genesee Mine that were offset by a higher inflation-linked royalty rate.
    Renewable energy proportionate royalty revenue of $1.3 million compares to $772,000 recorded in the same period last year. This relates to consolidation of the Corporation's 58% interest in Altius Renewable Royalties Corp., which continues to experience royalty revenue ramp up as additional projects subject to royalty enter production and as recent operating stage royalty acquisitions are incorporated into its portfolio.


  • Tudor Gold Corp. / TUD (CVE)

    Crews and Equipment Mobilized to Treaty Creek Project, Golden Triangle, BC, in Preparation for May Start-Up; 20,000 Meters of Drilling Planned at Goldstorm in 2023
    April 18, 2023 – TheNewswire - Victoria, Canada – Teuton Resources Corp. (“Teuton” or “the Company”) (TSXV:TUO) (Frankfurt:TFE) announces that ithas received from its Joint Venture Partner Tudor Gold Corp. (“TudorGold”) a report stating that crews have beenmobilized in preparation for the upcoming 2023 exploration program atthe Treaty Creek Project, located in the Golden Triangle of NorthwestBritish Columbia. Crews are now transporting heavy equipment anddrilling supplies to the Treaty Creek site along the winter accessfrom the nearby Brucejack Mine Access Road and preparing the camps forthe upcoming 2023 exploration campaign, which is anticipated tocommence in early May.


    The 2023 exploration program is anticipated to becomprised of a drill hole program totalling a minimum of 20,000 metersat the Goldstorm Deposit and will target the north and northeastmineral extensions where the 2021 and 2022 drill hole programsintercepted gold, copper and silver mineralization. These resultscontributed to a significantly upgraded Mineral Resource Estimaterecently announced by the Company in a newsrelease dated March 15, 2023, which reportedan Indicated Mineral Resource of 23.37 million ounces (Moz) of gold equivalent (AuEQ) grading 1.13g/t AuEQ and an Inferred Mineral Resourceof 7.35 Moz of AuEQ grading0.98 g/t AuEQ.


    [Blockierte Grafik: https://images.newsfilecorp.co…10b144d60997_0001full.jpg]
    https://ceo.ca/@newsfile/tudor…23-exploration-program-at

  • Endeavour Silver Corp./ EDR, EXK (TSX, NYSE)

    Endeavour Silver Announces Construction Decision for the Terronera Project in Jalisco State, Mexico; Executes Commitment Letter for Senior Secured Debt Facility of $120 Million
    https://ceo.ca/@globenewswire/…construction-decision-for
    Project Loan Facility


    The Company has entered into a Commitment Letter with Societe Generale and ING Bank N.V. with certain definitive terms agreed to for a senior secured debt facility for up to $120 million (the “Debt Facility”). Artemis Capital Advisors has acted as the financial advisor to the Company regarding this transaction, with ING Capital LLC (together with ING BANK N.V. “ING”) and Societe Generale acting as Joint Lead Arrangers. A summary of the key terms of the Debt Facility are as follows:


    • Up to $120 million principal amount
    • Term of 8.5 years, including a 2-year grace period during the construction phase
    • Interest rate of US Secured Overnight Financing Rate (“SOFR”) + 4.50% per annum prior to completion (SOFR + 3.75% per annum upon completion)
    • First security ranking over the Terronera Project
    • Principal payments are payable in quarterly installments commencing three months after attaining completion of the Terronera Project
    • Cash sweep will be applied to 35% of excess cash flow after debt service from completion onwards until $35 million of loan principal has been prepaid
    • Certain hedging arrangements are required including hedging up to 68,000 ounces of gold over the initial three operating years
    • No hedging requirements apply to the silver production
    • Customary financial and debt servicing covenants


    “With official Board approval now in hand, the path is cleared to advance construction of the Terronera Project, which will be Endeavour’s next producing mine,” said Dan Dickson, Endeavour’s CEO. “We are very pleased with the financial commitments that Societe Generale and ING have made towards the development of the Terronera Project. After undergoing a comprehensive due diligence process, we secured very competitive financing terms with quality financiers that protect the upside for our shareholders.”

  • Royalty Companies

    Vox Releases Inaugural Investor Letter and Announces Appointment of New Director
    https://www.accesswire.com/750…pointment-of-New-Director
    TORONTO, ON / ACCESSWIRE / April 18, 2023 / Vox Royalty Corp. (TSXV:VOX)(NASDAQ:VOXR) ("Vox" or the "Company"), a returns focused mining royalty company, is pleased to share its inaugural letter to shareholders and welcomes Donovan Pollitt to its Board of Directors. Mr. Pollitt's appointment is subject to regulatory approval by the TSX Venture Exchange.
    Donovan Pollitt is a mining industry executive with over 20 years of experience in operations, management and capital markets. He is currently the President of Pollitt Mining, a management consultancy to mining companies, private equity and institutional investors. Previously, Mr. Pollitt was President and Chief Executive Officer at Wesdome Gold Mines Ltd (TSX: WDO). Mr. Pollitt holds a Bachelor of Applied Science degree in Mining Engineering from the University of Toronto, an MBA from MIT Sloan School of Management, is a Professional Engineer in Ontario and a CFA Charterholder.
    Kyle Floyd, Chief Executive Officer of Vox stated: "On behalf of the Board of Directors and management, we are delighted to welcome Donovan to the Vox Board. Donovan brings a wealth of knowledge with extensive mining and capital markets experience. We look forward to working together and believe his background will further strengthen the Vox Board, as we continue management's commitment to driving investor returns, accretive growth and building long-term shareholder value for the Company. We are also excited to share our inaugural letter to shareholders - reinforcing Vox's principles, recapping recent achievements, reflecting on key lessons learned, and sharing insights on the Company's strategy".
    To view Vox's inaugural letter to shareholders, please visit:
    https://www.voxroyalty.com/_re…23_Shareholder_Letter.pdf

  • Developer -- die Suche nach Alpha

    Silver X Mining to Acquire Revenue-Virginius Mine Assets in Ouray, Colorado Out of Receivership
    https://www.accesswire.com/749…orado-Out-of-Receivership
    VANCOUVER, BC / ACCESSWIRE / April 17, 2023 / Silver X Mining Corp. (TSXV:AGX) (OTCQB:AGXPF) (F:AGX) ("Silver X" or the "Company") announces that it has entered into an asset purchase agreement (the "Agreement") to acquire the Revenue-Virginius Mine ("RV Mine") and certain related assets (collectively with the RV Mine, the "Assets") located in the San Juan Mountains near Ouray, Colorado from Alliance Management LLC (the "Receiver"), as receiver under a court supervised receivership in Ouray County, Colorado (the "Acquisition"). The Acquisition remains subject to several closing conditions, including, without limitation, the approval of the District Court, Ouray County, State of Colorado (the "District Court").
    Highlights of the Acquisition

    • Acquisition of a silver project in the United States, which was previously built to a pre-production stage and was permitted for production prior to entering into receivership.
    • Low-cost acquisition with infrastructure in place and significant investment by previous owners. The Acquisition provides Silver X with an opportunity to advance the project through the pre-production stages with minimum capital deployment.
    • Capitalizes on proven expertise and synergies with Silver X's team in Peru, where management has experience applying a modern lens to exploration and mechanizing narrow vein structures.

    "The Revenue-Virginius Mine complements Silver X's growth strategy by adding an advanced-stage exploration project to our pipeline at an attractive price," stated José García, President and CEO of Silver X. "We believe that the project will benefit from our distinct approach to exploration aimed at generating value by reactivating past producing districts with good potential. While we remain focused on our core operations in Peru, our plan is to execute an exploration program over the next 12-18 months to confirm and strengthen the data and our understanding of the potential resource in advance of making a decision on how to best advance the project."
    Mr. García continued: "This acquisition presented us with a low-cost opportunity to acquire a project that has already benefitted from considerable investment. With good planning and minimal expenditures, we hope to be able to add value through exploration while diversifying and gaining exposure to the US, a stable, low-risk mining jurisdiction."
    Acquisition Summary
    Subject to the approval of the District Court, the Assets will be acquired for aggregate consideration of US$4,500,000 payable as follows:

    • US$200,000 on signing of the Agreement;
    • US$1,000,000 on closing of the Acquisition;
    • US$2,000,000 upon the occurrence of (i) the earlier to occur of the transfer or re-issue of key permits or commencement of exploration drilling, and (ii) negotiation of access arrangements with Ouray County; and
    • US$1,300,000 upon the conditions for the immediately preceding payment having been met and the occurrence of the earlier of the completion of a current technical report, or September 30, 2024.

    At Silver X's election on or before May 24, 2023, Silver X has the right to elect to pay the purchase price in full on or before May 31, 2023, and, if so elected, the purchase price will be reduced by US$1 million to US$3.5 million.

  • West Red Lake Gold Mines / WRLG (TSX)

    Shocking Firesale for Bankrupt Gold Miner
    Frank Giustra’s West Red Lake Gold Mines (WRLG.V) is acquiring the Madsen gold mine in Red Lake, Ontario for ~9% of its prior investment and ~2% of its Dec 2020 peak market cap.


    https://thebigscore.substack.c…iresale-for-bankrupt-gold


    The vendor is Pure Gold Mining & Sprott Private Lending. After the transaction, WRLG will emerge as Madsen’s debt free owner with a C$59.4M market cap @ $0.35/share w/ $19.9M cash.

  • Royalty- und Streamingfirmen für Rohstoffe und Energie

    SOURCE ROCK ROYALTIES ANNOUNCES RECORD ANNUAL ROYALTY PRODUCTION, REVENUE, ADJUSTED EBITDA & FUNDS FROM OPERATIONS

    https://www.newswire.ca/news-r…operations-844595850.html
    Fourth Quarter Highlights:

    • Quarterly royalty revenue of $1,504,4211, an increase of 21% over Q4 2021.


    • Quarterly Adjusted EBITDA2 of $1,399,621 ($0.031 per share), an increase of 27% over Q4 2021.


    • Quarterly funds from operations2 of $1,411,440 ($0.031 per share), an increase of 38% over Q4 2021.


    • Quarterly royalty production averaged 1694 boe/d (92% oil and NGLs), an increase of 2% over Q4 2021.


    • Paid a quarterly dividend of $0.015 per share, resulting in a payout ratio2 of 48%.


    • Achieved an operating netback2 of $90.02 per boe and a corporate netback2 of $90.78 per boe.


    • Completed $3.57 million of royalty acquisitions in S.E. Saskatchewan.

    Annual Highlights:

    • Record annual royalty revenue of $6,490,5191, an increase of 52% over 2021.


    • Record annual Adjusted EBITDA of $5,736,622 ($0.136 per share), an increase of 52% over 2021.


    • Record annual funds from operations of $5,128,706 ($0.121 per share), an increase of 38% over 2021.


    • Record annual royalty production of 1664 boe/d (92% oil and NGLs), an increase of 3% over 2021.


    • Paid $2,463,786 in dividends3 ($0.06 per share), resulting in a payout ratio of 48%.


    • Achieved an operating netback of $94.68 per boe and a corporate netback of $84.65.


    • Completed $3.62 million of royalty acquisitions in S.E. Saskatchewan.


    • 20 gross horizontal wells drilled on royalty lands (16 Frobisher wells in S.E. Saskatchewan, 3 Viking wells in west-central Saskatchewan and 1 Rex well in Central Alberta).


  • Royalty Companies

    Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date

    TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced record revenue of $50.3 million for the first quarter of 2023, translating to record metal sales of 26,599 gold equivalent ounces1 (“GEOs”). All dollar amounts are expressed in US dollars.
    Preliminary Q1 2023 Sales and Revenue
    GEOs Sold and Revenue by Commodity2


    Conference Call Details
    Triple Flag will release its Q1 2023 results on Tuesday, May 9, 2023, after market close. A conference call and live webcast presentation will be held the following day, May 10, 2023, starting at 9:00 a.m. ET (6:00 a.m. PT) to discuss these results. The live webcast can be accessed by visiting the Events and Presentations page on the Company’s website at: www.tripleflagpm.com. An archived version of the webcast will be available on the website for two weeks following the webcast.
    https://www.businesswire.com/news/home/20230413005815/en/