Beiträge von Sorgenfrei

    Million-ounce palladium deficit will drive record prices, says Metals Focus
    https://www.mining.com/web/mil…prices-says-metals-focus/
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    The roughly 10 million ounce-a-year palladium market will be undersupplied by around a million ounces in 2021 and the price will average $3,000 an ounce, up 37% from 2020 and the highest on record, consultants Metals Focus said on Tuesday.
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    The roughly 8 million ounce platinum market would be undersupplied by 68,000 ounces if all investment demand is included and prices would average $1,200 an ounce, up 36% from 2020 and the highest since 2014.


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    The two metals are used by automakers in engine exhaust systems, where they neutralise harmful emissions. Platinum is also used in other industries and for jewellery and investment.
    Both are benefitting from a rebound in global economic growth and tightening emissions standards that force automakers to use more metal per vehicle.
    Palladium was trading at around $2,930 an ounce on Tuesday and platinum at around $1,220 per ounce.

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    Windfall Geotek Announces Initiation of Exploration Program on Newly Staked Land Claims in Sobeski Lake Area of The Red Lake Mining Camp


    https://ceo.ca/@thenewswire/wi…initiation-of-exploration


    Highlights:

    Sobeski Lake Land Claims staked based on AI Targeting analysis of North Eastern Section of Red Lake mining camp
    - Maiden field exploration work program initiated on100% owned claims of Windfall Geotek with a NI 43-101 to be completedafter all assays are received
    - Windfall AI scan completed within Red Lake Camp thathas identified multiple new areas of interest, with Sobeski Lakeproperty being the first focus for the company
    - Red Lake AI Gold Target Analysis based on more than3.8 million data points over a 6,000 km2 area.

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    Abitibi Royalties Acquires Additional Royalties on the Malartic South Project
    Abitibi Royalties Inc. (TSXV: RZZ) (OTC: ATBYF) ("Abitibi Royalties" or the "Company") is pleased to announce that it continues to build its royalty presence throughout the Malartic mining region in Québec. The Company has entered into two agreements with Eagle Ridge Mining Ltd. ("Eagle Ridge", formerly Tamarack Gold Resources Inc.) involving royalties located south of the Canadian Malartic Mine (the "Malartic South Property") (Fig. 1 and 2). The first agreement amends a previous royalty, increasing Abitibi Royalties' interest in the Malartic South Property from a 2% to 3% NSR ("Net Smelter Royalties") on certain claims (see press release dated May 28, 2020). The second agreement expands Abitibi Royalties' NSR to the south with a new 2.5% royalty and 15% of any gross proceeds (cash and shares) should the property be sold or joint ventured. The purchase price paid by the Company totals CDN$26,500, which will be paid in cash.



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    https://www.newsfilecorp.com/release/84398

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    Sailfish Updates Mineral Resource Estimate for the Gavilanes Silver Project; Highlighted by an Inferred Resource of 22.4 Million oz AgEq at 245.6 g/t AgEq
    https://www.newswire.ca/news-r…6-g-t-ageq-815673134.html


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    Highlights

    • The updated mineral resource estimate of 22.4 million ounces ("oz") of silver equivalent ("AgEg") at 245.6 AgEq (see Exhibit 1) is comprised of the following metals:

      • 18.9 million oz of silver ("Ag") at 207 g/t Ag
      • 13,700 oz of gold ("Au") at 0.15 g/t Au
      • 7.8 million pounds ("lbs") of copper ("Cu") at 0.12% Cu
      • 37.9 million lbs of lead ("Pb") at 0.61% Pb
      • 27.2 million lbs of zinc ("Zn") at 0.43% Zn
    • More than 84% of the AgEq mineral resource estimate is Ag only
    • The resource is all within 330 meters ("m") of surface and remains open along strike and at depth
    • Only three veins (Guadalupe-Soledad, San Nicolas and Descubridora) are included in the updated mineral resource estimate (see Exhibit 2)
    • Several nearby veins with similar surface geochemistry (El Muerto, La Tuna, La Cruz) or geologic characteristics (Veta 1 and Providencia) have been mapped but not yet drill tested (see Exhibit 2)

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    EMX Royalty Announces First Quarter 2021 Results
    https://www.newsfilecorp.com/release/84396


    HIGHLIGHTS FOR Q1-2021
    Financial Update
    All dollar amounts in this news release are Canadian dollars (CDN) unless otherwise noted.

    • EMX ended the three-month period at March 31, 2021 with a balance sheet including cash and cash equivalents of $49,200,000, investments, strategic investments, receivables, and loans receivable valued at $24,197,000, and no debt.


    • EMX had revenue of $1,298,000 which includes royalty income, other property income including income from the sale or option of property interests and management fees, and interest and dividends earned on cash and investment balances. Included in revenues was royalty income of $392,000 and $398,000 for the fair value of equity positions received on the sale and option of property interests. Revenues for Q1-2021 increased compared to Q1-2020 with an increase in option and other property income, and dividend income offset by a decrease in interest income.


    • Royalty generation costs totaled $4,027,000 of which the Company recovered $2,740,000 from partners.


    • General and administrative expenses totaled $1,851,000 which includes $985,000 in salaries and consultants, $274,000 in administrative costs, $213,000 in professional fees, $187,000 in transfer agent and filing fees, $20,000 in travel, and $172,000 in investor relations costs. General and administrative costs can fluctuate from period to period depending on activity and timing of comparable costs.


    • For the quarter, the Company had a net loss from operations of $2,648,000 including $255,000 in depletion and depreciation costs, and $542,000 in share-based compensation. Other items affecting net loss and financial results in Q1-2021 include a realized gain of $441,000 on the sale of marketable securities, the Company's share of income in an associated entity of $221,000, a fair value loss on investments of $1,321,000, and a foreign exchange adjustment of $1,117,000. The foreign exchange adjustment was a direct result of holding USD cash and net assets denominated in USD.

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    AbraSilver Reports 104 Metres at 382 g/t Silver-Equivalent (5.1 g/t Gold-Equivalent); Continues to Demonstrate Continuity & Growth Potential of High-Grade Zone


    Key Highlights:

    • Hole DDH 21-012 returned 104m at 382 g/t AgEq (216 g/t Ag and 2.21 g/t Au) from a depth of only 134m down-hole, including 47m at 600 g/t AgEq (280 g/t Ag and 4.26 g/t Au)
    • Continuity of the high-grade Tesoro zone (intersection of Main and Cross breccias) now defined over strike extent of ~200m, with thickness of ~50m and vertical extent of ~150m

    https://www.abrasilver.com/new…ential-of-high-grade-zone

    Baerbock: Mit dem Esel nach Mallorca
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    Gut, dass die von den Medien gekürte neue Bundeskanzlerin Annalena Baerbock noch vor der Wahl mit einigen Wahrheiten herausrückt. Wer nach solchen „Vorschlägen“ die Grünen noch wählt, ist dann am Untergang der Republik selber schuld, und zumindest für diejenigen Bürger, die nicht so reich gesegnet sind, wird sich einiges ändern:
    Die grüne Kanzlerkandidatin Annalena Baerbock will im Falle einer Regierungsübernahme Flugreisen teurer machen und Kurzstreckenflüge abschaffen. Baerbock sagte „Bild am Sonntag“: „Ich finde es nicht fair, dass mit unser aller Steuergeld das Kerosin subventioniert wird, während Fernfahrten mit der Bahn gerade zu Stoßzeiten teuer sind. Wer als Familie mit dem Zug reist, sollte doch weniger zahlen als für die Kurzstrecke im Flugzeug. Und ja, Kurzstreckenflüge sollte es perspektivisch nicht mehr geben.“ Billigpreise wie Mallorca-Flüge für 29 Euro sollen nach Baerbocks Willen auch verschwinden. „Jeder kann Urlaub machen, wo er will. Aber eine klimagerechte Besteuerung von Flügen würde solche Dumpingpreise stoppen.“ Das erste Gesetz, dass sie als Kanzlerin auf den Weg bringen würde, wäre „ein Klimaschutzsofortprogramm“. Auch würde sie eine Solaranlagenpflicht für Neubauten durchsetzen: „Künftig muss in Deutschland gelten, dass in der Regel nur noch mit Solardach neu gebaut wird.“
    https://www.journalistenwatch.…/05/16/baerbock-mit-esel/

    Man will den Mittelstand vernichten und die verlorengegangene Wertschöpfung den Konzernen zutreiben. Diese werden dann "gerettet" (verstaatlicht) und die Konzernführung, wenn sie nicht schon rotgrün ist, mit Günstlingen der Machthaber besetzt. Willkommen im Ökosozialismus!

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    Maverix Announces First Quarter 2021 Results and Increases Dividend by 25%

    https://www.prnewswire.com/new…dend-by-25-301291489.html




    First Quarter 2021 Highlights

    • Revenue of $13.1 million;
    • Cash flow from operating activities, excluding changes in non-cash working capital, of $9.0 million1;
    • Gold equivalent ounces ("GEOs") sold of 7,3021;
    • Average cash cost per GEO of $223, resulting in a cash operating margin of 88% or $1,568 per ounce1;
    • Net income of $14.8 million, including one-time gains on a partial buy back of the Hope Bay royalty interest and conversion of a debenture;
    • Adjusted net income of 5.0 million1;
    • Received a cash payment of $50 million from Agnico Eagle Mines Limited ("Agnico") for the partial buy back of 1.5% of Maverix's royalty on the Hope Bay mine;
    • Fully repaid the outstanding amount on Maverix's revolving credit facility, leaving the Company debt free;
    • Increased the silver stream on the El Mochito mine from 22.5% to 27.5%; and
    • Added to the VanEck Vectors Junior Gold Miners ETF ("GDXJ") in March 2021.

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    Nomad Royalty Company Acquires Cash Flowing Royalty on the Caserones Mine in Chile


    https://www.newswire.ca/news-r…e-in-chile-839881692.html


    Effective royalty of 0.28%
    Producing since 2014
    19 year life on Reserves Only
    Strong Exploration Upside


    Vincent Metcalfe, Chief Executive Officer of Nomad, commented on the transaction, "The Caserones Royalty provides Nomad with immediate cash flow over a very long mine life from Chile, a tier 1 mining jurisdiction. This transaction highlights Nomad's unique positioning within the royalty space in terms of its financial capacity to acquire high quality royalties and is consistent with Nomad's strategy of building a diversified portfolio of high quality cash flowing royalties and streams."

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    Sandstorm Gold Royalties Releases 2020 Sustainability Report, Acquires Nevada Royalty Package, and Provides Asset Update

    https://www.prnewswire.com/new…set-update-301290461.html

    ROYALTY PACKAGE ACQUIRED FROM WATERTON



    Sandstorm has acquired a package of royalties from an affiliate of Waterton Precious Metals Fund II Cayman, LP ("Waterton") for consideration of US$7 million, with an additional $1 million payment contingent on certain advancement milestones on the Converse property. The package includes 21 royalties on development, advanced exploration and exploration stage projects located in Nevada and Montana.


    The most advanced project in the royalty package, the Converse property, is located in Nevada's Battle Mountain trend and is in close proximity to SSR Mining's Marigold mine and Barrick Gold's Lone Tree mine. Converse hosts Measured and Indicated Mineral Resources of 363.1 million tonnes containing 6.1 million ounces of gold and 38.1 million ounces of silver (effective March 2014, 0.27 grams per tonne ("g/t") gold cut-off grade).