Beiträge von Sorgenfrei
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Sandstorm Gold Royalties Supports Royal Gold's Acquisition of Kansanshi Gold Stream/PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) today acknowledges and supports Royal...www.prnewswire.com -
Royal Gold Acquires Gold Stream on the Large-Scale, Long-Life, Kansanshi Copper-Gold Mine Operated by First Quantum Minerals Ltd.
https://www.businesswire.com/n…rst-Quantum-Minerals-Ltd.
Royal Gold, Inc. (RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that its wholly-owned subsidiary RGLD Gold AG (“RG AG”), has entered into a precious metals purchase agreement (“Stream Agreement”) for gold deliveries referenced to copper production from the Kansanshi copper-gold mine (“Kansanshi”) in the North Western Province of Zambia, operated and 80% owned by a subsidiary of First Quantum Minerals Ltd. (“First Quantum”). Royal Gold has agreed to make an advance payment of $1.0 billion (“Advance”) in return for a gold stream referenced to copper production, with deliveries of 75 ounces of gold per million pounds of recovered copper produced until the delivery of 425,000 ounces; 55 ounces of gold per million pounds of recovered copper produced between the delivery of 425,001 ounces and 650,000 ounces; and 45 ounces of gold per million pounds of recovered copper produced thereafter. Royal Gold will initially pay 20% of the spot gold price for each ounce delivered. Additionally, and depending on the achievement of certain objectives as described below, Royal Gold will increase the percentage of spot gold price paid for each ounce delivered to 35% and has also granted options to First Quantum to accelerate stream deliveries. “I am pleased to announce this transaction, which provides Royal Gold with exposure to a world-class mine located in a mining-friendly jurisdiction and operated by a first-tier counterparty,” commented Bill Heissenbuttel, President and CEO of Royal Gold. “This large and long-life stream will add another significant gold interest to the enlarged portfolio we are creating with the recently announced transactions for Sandstorm Gold and Horizon Copper, and enhance our position as a premier growth company in the streaming and royalty sector. The immediate cash flow from this acquisition paired with the cash flow of the combined Royal Gold, Sandstorm and Horizon portfolios will allow us to rapidly pay down the debt incurred to complete this acquisition.” Acquisition Highlights Immediate gold revenue and cash flow from a producing copper-gold mine: The effective date of the transaction is August 5, 2025 and Royal Gold expects to receive approximately 12,500 ounces of gold in 2025. Gold deliveries are expected to average approximately 35,000-40,000 ounces per year over the next 10 years. Accretive per share metrics: Funding sources for the acquisition consisted of available cash resources and a draw on our revolving credit facility, without issuing new shares. Established operation with a world-class resource, and long-life and large-scale production: The Kansanshi copper-gold mine has been First Quantum’s flagship operation since 2005, and known reserves are expected to support continued production for an additional mine life of over 20 years. First-tier operator with a long and established operating history in Zambia: First Quantum is a large and experienced international mining company with a record of operating Kansanshi without interruption since completing construction in 2005. First Quantum’s other significant mining assets in Zambia include the Sentinel mine, which started production in 2015, and the Enterprise mine, which started production in 2023. Well-established mining jurisdiction with strong governmental support: Zambia was the 10th largest global copper producer and mining was the second-largest contributor to Zambia’s GDP in 20231. The Government of Zambia launched the “Three Million Tonnes Copper Production Strategy” in July, 2024, to support and promote investment in the sector. Other large mining companies active in Zambia include Barrick Mining, Vedanta Resources and China Non-Ferrous Metal Mining Group.
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The Copper Pricing BoomerangExcelsior Prosperity w/ Shad Marquitz (08-02-2025)excelsiorprosperity.substack.com -
O.T.
Inside July's Buys: Silver Surges & Royalty Paydays, by @JamesKwantesby James KwantesPublished first at Patreonceo.ca -
Discovery Announces Senior Management Appointment
Discovery Silver Corp. | Discovery Announces Senior Management Appointment
July 31, 2025, Toronto, Ontario – Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced the appointment of Alison White to the position of Chief Financial Officer (“CFO”). The appointment is effective immediately.
Tony Makuch, Discovery’s CEO, commented: “We are very pleased to welcome Alison to Discovery’s leadership team. She brings extensive and diverse experience in both finance and operations that will prove beneficial as we invest to grow and create value for all stakeholders. In particular, Alison’s experience in CFO roles with SSR and, prior to that, Newmont provided her with significant knowledge that will be extremely helpful as we pursue the tremendous opportunities that exist to improve and grow our Porcupine Operations. Together, the Discovery team is driven to re-establish Porcupine as a Tier 1 asset in the global gold mining industry, and Alison will play a key role as we progress towards achieving that goal.”
Alison White is a highly experienced finance professional who, over her 20-plus year career, has established a solid track record of success serving in numerous financial and operational roles. Most recently, Alison served as CFO & Executive Vice President at SSR Mining Inc. (“SSR”), where she played a key role in designing and advancing SSR’s value creation strategy and led the transformation of several key functions, including Finance, IT, Treasury, Cyber Security, Enterprise Risk Management and Business Excellence. Prior to joining SSR, Alison worked in various corporate and regional roles at Newmont Corporation (“Newmont”), including serving as the Regional CFO for North America. Earlier in her career, she gained leadership and financial experience through senior positions across a variety of industries. Alison has a Master’s and B.S. in finance and accounting from the University of Colorado, Boulder, and is a licensed Certified Public Accountant.
Andreas L’Abbé, the Company’s former CFO, is transitioning to the role of Senior Vice President, Finance. In his new role, Andreas will continue to lead initiatives within the Finance division, including the ongoing integration of the Porcupine assets.
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Freehold Royalties Announces Second Quarter 2025 Results
Freehold Royalties Announces Second Quarter 2025 Results, by @GlobeNewswireCALGARY, Alberta, July 30, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces second quarter results for the…ceo.caSecond Quarter Highlights
- $78 million in revenue;
- $57 million in funds from operations ($0.35/share) (1)(2);
- $44 million in dividends paid ($0.27/share)(3);
- 11,047 bbls/d of total crude oil and natural gas liquids (NGLs) production, a 4% increase from the previous quarter and a 13% increase year-over-year;
- 67% weighting to liquids, an increase from 64% in the second quarter of 2024;
- 16,584 boe/d of total production, a 2% increase from the previous quarter and a 9% increase year-over-year;
- Gross drilling of 271 wells, comprised of 45 wells in Canada and 226 in the U.S.;
- Continued active leasing program with 40 new leases signed during the second quarter of 2025 (34 in Canada; 6 in the U.S.) contributing revenue of $1.9 million and $5.8 million in the first half of 2025; and
- $50.36/boe average realized price ($57.83/boe in the U.S. and $44.23/boe in Canada);
- 31% pricing premium on Freehold’s U.S. production reflecting higher liquids weighting, higher quality crude oil and reduced transportation costs.
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B2Gold Receives Approval from the State of Mali to Commence Underground Mining at Fekola, and a Defined Path Forward for the Fekola Regional Exploitation Permit
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Goldgroup Completes Acquisition of Fully Permitted, Advanced-Stage Pinos Gold Project in Mexico
https://www.accessnewswire.com…e-pinos-gold-proj-1045827
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Sundown on the Potemkin Empire: Trump's Trouncing of Ursula Makes For Great Theater, But Little Else?Trump made waves this week with his major economic subjugation of Europe on the announcement of his 15% tariffs, made before a stooped and servile Ursula von…simplicius76.substack.com -
Rio2 Announces Receipt of US$50 Million from Wheaton Precious Metals
Rio2 Announces Receipt of US$50 Million from Wheaton Precious Metals, by @GlobeNewswireVANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF;…ceo.caRio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that, further to its news releases dated November 16, 2021, March 29, 2022, October 21, 2024, and March 24, 2025, it has received a third deposit payment of US$50,000,000 (the “Third Deposit”) from Wheaton Precious Metals International Ltd. (“WPMI”) in connection with the previously announced amended and restated precious metals purchase agreement and flexible pre-pay arrangement relating to Rio2’s Fenix Gold Project in Chile (“Fenix Gold”). The Third Deposit will be used by Rio2 to continue to advance construction at Fenix Gold.
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Foran Reports Q2/25 Construction Progress at McIlvenna Bay/CNW/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to provide a construction update on its 100% owned McIlvenna...www.newswire.ca -
Elemental Altus Notes Regulatory Approval for Expansion at Cornerstone Karlawinda RoyaltyVancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the...www.newsfilecorp.comVancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to acknowledge the receipt of regulatory approval by Capricorn Metals Limited (ASX: CMM) ("Capricorn") for the full development of the Karlawinda Expansion Project in Western Australia. The expansion is expected to increase annual gold production by approximately 25% to 150,000 ounces per annum. Elemental Altus holds an uncapped 2% net smelter return (NSR) royalty.
Highlights
- On completion of the expansion in 2026, Elemental Altus to benefit from approximately 25% higher production at its cornerstone Karlawinda royalty at no cost
- Capricorn Metals has received formal approval for development of the Karlawinda Expansion Project from the Western Australian Department of Energy, Mines, Industry Regulation and Safety ("DEMIRS")
- Capricorn plans to increase mill throughput at Karlawinda from 4Mtpa to 6.5Mtpa, lifting gold production to approximately 150,000 ounces per year
- Construction of the 164-room camp expansion largely complete and early clearing and earthworks associated with the expansion have commenced
- The expansion plans include additional open pits, new crushing and ball mill circuits, and additional infrastructure upgrades
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AbraSilver Substantially Increases Total Diablillos Mineral Resources to 199 Million Ounces Contained Silver and 1.7 Million Ounces Contained Gold (350 Moz AgEq) in M&IToronto, Ontario--(Newsfile Corp. - July 29, 2025) - AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is...www.newsfilecorp.comThe updated MRE now totals 104 million tonnes ("Mt") of ore, containing approximately 199 million ounces ("Moz") of silver and 1.72 Moz of gold (350 Moz silver-equivalent "AgEq") in the Measured & Indicated ("M&I") category. This total includes a maiden heap leach Mineral Resource estimate and reflects significant increases across five deposits (Oculto, JAC, Fantasma, Laderas and Sombra) located at Diablillos
Key Highlights of the Updated MRE (Combined Tank and Heap Leach):
- Total M&I Mineral Resources (tank and heap leach) now stand at 104 Mt grading 59 g/t Ag and 0.51 g/t Au, containing 199 Moz Ag and 1.72 Moz Au (350 Moz AgEq).
- Tank leach Mineral Resource estimate totals 73 Mt grading 79 g/t Ag and 0.66 g/t Au, containing 186 Moz Ag and 1.55 Moz Au (327 Moz AgEq).
- Maiden heap leach MRE adds 31 Mt grading 13 g/t Ag and 0.16 g/t Au, containing 13 Moz Ag and 162 koz Au (23 Moz AgEq).
- Based on lower-grade material contained with the constraining Whittle open pit, previously classified as waste, now recognized as potentially recoverable though a low-cost processing route.
Key Changes Compared to Prior MRE (Tank Leach Only):
- 25% increase in contained silver in M&I Mineral Resources to 186 Moz Ag from 148 Moz Ag.
- 14% increase in contained gold in M&I Mineral Resources to 1.55 Moz Au from 1.36Moz Au.
- 27% increase in M&I silver-equivalent ounces to 327 Moz AgEq from 258 Moz AgEq.
- M&I Mineral Resources total 73.1 Mt grading 79 g/t Ag and 0.66 g/t Au (139 g/t AgEq).
- Total Inferred Mineral Resources have increased by 330% and now contain 10 Moz Ag and 0.18 Moz Au (26.6 Moz AgEq).
- The MRE contains only minerals in oxides, located across five Whittle constrained open-pits deposits (Oculto, JAC, Fantasma, Laderas and Sombra).
- The largest uplift in the M&I MRE was driven by the JAC deposit, where tonnage increased by 148% and contained silver increased by 70% (refer to Table 3 for details) due primarily to additional exploration drilling.
- Significant exploration upside remains from the ongoing Phase V drill program, focused mainly at Oculto NE and other potential zones, with another MRE update expected in H1/26.
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TOPAZ REPORTS SECOND QUARTER 2025 FINANCIAL RESULTS DEMONSTRATING STRONG ROYALTY AND INFRASTRUCTURE GROWTH/CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide second quarter 2025 financial results. Select financial information is...www.newswire.ca -
NGEx Minerals to Spin-Out Royalties to Shareholders/CNW/ - NGEx Minerals Ltd. ("NGEx", "NGEx Minerals" or the "Company") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce plans to spin-out net smelter return...www.newswire.caHighlights [Blockierte Grafik: https://mma.prnewswire.com/media/2735402/NGEx_Minerals_Ltd__NGEx_Minerals_to_Spin_Out_Royalties_to_Shareh.pdf?p=pdfthumbnail] NGEx Minerals to Spin-Out Royalties to Shareholders (CNW Group/NGEx Minerals Ltd.)
- Create a 1% NSR royalty on the 100% owned Lunahuasi Project, located in San Juan Province Argentina.
- Intends to create a 2% NSR royalty on the Los Helados Project located in Region 3, Chile, with a 1.38% NSR to be allocated to a newly incorporated, wholly-owned subsidiary ("RoyaltyCo") and a 0.62% NSR to be allocated to Nippon Caserones Resources LLC ("NCR"), a subsidiary of JX Advanced Metals Corporation, based on each company's respective pro-rata interest in Los Helados of approximately 69% and 31%.
- Shareholders of NGEx will vote on the Arrangement at a special meeting to be held on September 12, 2025. The Arrangement will also be subject to Toronto Stock Exchange and court approval.
- If approved, shareholders of NGEx will receive 1/4 of a share of RoyaltyCo for each share of NGEx held as of the Record Date (as defined below).
- RoyaltyCo intends to apply to list its shares on the TSX Venture Exchange (the "TSXV") following completion of the Arrangement. Such listing will be subject to it fulfilling all of the listing requirements of the TSXV.
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NGEx Minerals to Spin-Out Royalties to Shareholders/CNW/ - NGEx Minerals Ltd. ("NGEx", "NGEx Minerals" or the "Company") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce plans to spin-out net smelter return...www.newswire.ca -
Altius Completes Sale of 2/3 of its Silicon Gold 1.5% NSR to Franco-Nevada
https://www.businesswire.com/n…-1.5-NSR-to-Franco-Nevada
Silicon Royalty Transaction Summary
Partial Royalty Sale to Franco-Nevada Announced July 23, 2025
https://altiusminerals.com/_re…%20Presentation_final.pdf
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Gold Royalty Reports Record Revenue in the Second Quarter 2025
https://www.prnewswire.com/new…arter-2025-302513499.html
Gold Royalty has achieved record revenue, and Total Revenue, Land Agreement Proceeds and Interest* for both the second quarter and first half of 2025. Total Revenue, Land Agreement Proceeds and Interest* in the second quarter of 2025 increased by approximately 100% to $4.4 million (revenue of $3.8 million) from the second quarter of 2024, equating to 1,346 gold equivalent ounces ("GEOs")*. For the first half of 2025, Total Revenue, Land Agreement and Proceeds and Interest also increased by 25% from the same period in 2024 to a record $8.0 million (revenue of $6.9 million), equating to 2,595 GEOs. Further growth in revenue is currently expected through 2025, driven by strong commodity prices supporting the Company's cash flowing royalties at Canadian Malartic, Côté, Borborema, Cozamin and Borden (Porcupine) and the Vareš copper stream.Gold Royalty maintains its 2025 full-year production guidance 5,700 - 7,000 GEOs as released on March 20, 2025, and expects that production will be more heavily weighted to the second half of the year as recently-started mining operations including Côté, Vareš, and Borborema continue to ramp up towards full production run rates through 2025.
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VANCOUVER, BC / ACCESS Newswire / July 24, 2025 / RE Royalties Ltd (RE:CA). (TSX.V:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company") is pleased to announce that the Board of Directors of the Company has declared a cash distribution of $0.01 per issued and outstanding common share for the second quarter ending June 30, 2025.
The distribution is payable on September 3, 2025, to shareholders of record on August 13, 2025.