Zur Einordnung:
[Blockierte Grafik: https://pbs.twimg.com/media/EwNr5rdXEAMHdxX?format=jpg&name=medium]
Beiträge von Sorgenfrei
-
-
-
Palladium Short Squeeze?
[Blockierte Grafik: https://pbs.twimg.com/media/EwxWX4fVgAAi66y?format=jpg&name=4096x4096]
-
[Blockierte Grafik: https://prnewswire2-a.akamaihd…200/version/100011/type/1]
Adventus and Salazar Announce Drilling Results at The El Domo Deposit Highlighted by 5.06% Copper Equivalent Over 44.19 Metres
https://www.newswire.ca/news-r…-19-metres-811499822.htmldventus Mining Corporation ("Adventus") (TSXV: ADZN) (OTCQX: ADVZF) and Salazar Resources Limited ("Salazar") (TSXV: SRL) (OTCQB: SRLZF) (collectively the "Partners") are pleased to announce continued infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling for the ongoing feasibility study continues at El Domo with two diamond drill rigs having completed 42 infill definition drill holes totaling 4,725 metres from the planned 4,960 metres, and two drill holes in progress totaling a further 77 metres completed. The Partners anticipate that all infill, geomechanical, geotechnical, and hydrogeological drilling required to support the completion of the El Domo feasibility study and submittal of the environmental and social impact assessment will be completed by the end of March 2021.
-
Mexican president pressures Canadian miner over union dispute
MEXICO CITY (Reuters) - Mexico could revoke a concession held by Canadian miner Americas Gold and Silver Corp in northern Mexico if it does not accept its new trade union representation there, President Andres Manuel Lopez Obrador said on Wednesday.
https://www.reuters.com/articl…ion-dispute-idUSKBN2B92SE -
-
[Blockierte Grafik: https://prnewswire2-a.akamaihd…200/version/100011/type/1]
Metalla Completes Acquisition of Royalty on Eldorado Gold's Tocantinzinho Project, Announces Conversion and Drawdown on Convertible Loan Facility, and Provides Update on ATM Program
https://www.newswire.ca/news-r…tm-program-845466696.htmlsiehe hierzu auch:
Sailfish Closes Royalty Transaction to Monetize a Portion of the NSR on the Tocantinzinho Gold Project for US$9,000,000 -
[Blockierte Grafik: https://elygoldinc.com/assets/design2016/img/logo-new.png]
Ely Gold Royalties Congratulates First Majestic Sliver on Jerritt Canyon Mine Acquisition
Ely Gold Retains Two Key Royalty Interests
Trey Wasser, President and CEO of Ely Gold commented; "Ely Gold is a prime beneficiary of the change of control at Jerritt Canyon. We will benefit in two ways as production increases - in ounces sold and tons per day processed. Jerritt Canyon is a unique asset, and while Sprott Mining successfully continued its refurbishment, we feel that Keith's group will now provide the expertise and capital necessary to bring Jerritt Canyon to its full potential as a Tier 1 mining operation. Ely Gold's 'Key Assets' already include most of the best operators in Nevada, now we are pleased to include one of Mexico's best operators to our portfolio. Welcome to Nevada, Keith." -
[Blockierte Grafik: https://prnewswire2-a.akamaihd…200/version/100011/type/1]
Gold Royalty Announces Agreement to Acquire Royalty on Roxgold's Advanced-Stage Séguéla Project
https://www.prnewswire.com/new…la-project-301249145.htmlGold Royalty Corp. ("GRC") has agreed to a acquire a 1.2% net smelter royalty ("NSR") royalty on the advanced-stage Séguéla Project for cash consideration of approximately US$15.5 million subject to certain conditions.
-
Empress Announces Upsize of Its Previously Announced Bought Deal Public Offering to C$15 Million
https://www.accesswire.com/635…c-Offering-to-C15-Million
[Blockierte Grafik: https://storage.googleapis.com/accesswire/logos/subaccounts/17325.png]
...due to significant demand -
[Blockierte Grafik: https://storage.googleapis.com…gos/subaccounts/11525.jpg]
Strategic Review of Bikoula Iron Project, Southern Cameroon
https://www.accesswire.com/635…Project-Southern-Cameroon -
[Blockierte Grafik: https://ml.globenewswire.com/m…/small/gen-mining-jpg.jpg]
Caesars Report: Generation Mining – A robust bankable feasibility study underpins the value of the project
https://www.caesarsreport.com/…the-value-of-the-project/
Conclusion
As the 60% of the net revenue to be generated at Marathon PGM will come from palladium sales, Generation Mining just HAS to present the project as a palladium project. As Sibanye seem to be bearish on the future supply/demand ratio of palladium, they should walk away. However, Sibanye could also look at the project from the platinum perspective. While adding 45,000 ounces per year of platinum to its existing consolidated output of about 1.1 million ounces of platinum per year will hardly be noticeable, it would be able to benefit from the tightening platinum markets. Additionally, Sibanye also produces about a million ounces of palladium per year, so it could certainly deal with the palladium component as well.
Sibanye has 90 days to decide what it wants to do, and the official Day Zero is the day on which the management committee of the joint venture makes a positive commercial production decision There’s no rush for Sibanye to do anything at all and as Sibanye has proven to be a good partner to Generation Mining we also don’t expect Generation to put pressure on Sibanye. Purely based on the numbers and the size of the project,we expect the South African company to take a back seat to see how Generation Mining deals with the permitting process and the financing structure of the project. Sibanye may also be interested in selling its 20% stake back to Generation Mining as well as it looks like the company is chasing bigger targets these days with the rumored interest in Gold Fields and AngloGold Ashanti (two $10B+ gold producers, which could indicate Sibanye Stillwater wants to reduce the ratio of palladium and platinum in its output mix).
With Drew Anwyll as COO, Generation Mining has started to build a team to move the project forward by itself if it has to. The company can now dig into the financial side of the construction activities. Selling a royalty now would kill any potential M&A deal, but once we get closer to the final permits and once it becomes clear no suitor shows up, we expect selling a stream on the anticipated gold and/or silver production at Marathon PGM could keep the share dilution to a minimum.
The main takeaway for investors here is that Generation Mining delivered a robust feasibility study which greatly derisks the project and which can now use to finalize its permitting process and to figure out the funding structure for the construction of the mine. Fortunately GENM is in an excellent financial shape as the balance sheet is very strong.
Disclosure: The author holds a long position in Generation Mining. Generation Mining is a sponsor of the website. -
Neckischer Vergleich: ABRA - KL
https://www.reddit.com/r/Walls…_next_kirkland_lake_gold/ -
Metalla Acquires Royalty on OZ Minerals Centrogold Project
Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (NYSE American: MTA) (TSXV: MTA) is pleased to announce that it has entered into a purchase and sale agreement to acquire an existing 1-2% net smelter return royalty (the "Royalty") on OZ Minerals' ("OZ Minerals")(ASX: OZL) CentroGold Project ("CentroGold") from Jaguar Mining (TSX: JAG). The purchase price includes an upfront payment of $7 million in cash payable by Metalla at closing and up to $11 million in contingent post-closing payments, consisting of common shares of Metalla and cash upon the achievement of certain milestones relating to CentroGold.
[Blockierte Grafik: https://prnewswire2-a.akamaihd.net/p/1893751/sp/189375100/thumbnail/entry_id/1_b2io09s6/def_height/593/def_width/950/version/100011/type/1]
https://www.newswire.ca/news-r…ld-project-818391489.html -
[Blockierte Grafik: https://www.accesswire.com/use…es/618286/Empresslogo.jpg]
Empress Announces C$12 Million Bought Deal Public OfferingEmpress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) ("Empress" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. and Canaccord Genuity Corp. to act as co-lead underwriters on behalf of a syndicate of underwriters (collectively, the "Underwriters") pursuant to which the Underwriters shall purchase for resale 24,000,000 units of the Company (the "Units") at a price of C$0.50 per Unit (the "Offering Price") on a "bought deal" basis for gross proceeds of C$12,000,000 (the "Offering"). Each Unit shall be comprised of one common share in the capital of the Company (each a "Common Share") and one half of one common share purchase warrant (each whole purchase warrant a "Warrant"). Each Warrant shall be exercisable into one common share (a "Warrant Share") at a price of C$0.75 at any time on or before the date which is 24 months after the closing date of the Offering.
https://www.accesswire.com/635…ught-Deal-Public-Offering -
Ausblick:
[Blockierte Grafik: https://pbs.twimg.com/media/Ewjs7U8VEAAeUkF?format=png&name=900x900] -
-
[Blockierte Grafik: https://prnewswire2-a.akamaihd…400/version/100011/type/1]
Denison Announces Funding of Project Finance Initiative Involving Strategic Acquisition of Physical Uranium -
Ich schaue immer auf die Majors. Und da marschiert Newmont gerade mal wieder mit großem Abstand vorweg: gestern vier Prozent im Plus. Für mich ist das ein wichtiger Indikator, da Newmont den HUI auf 5 Jahressicht deutlich übertrifft, eine Art Vorlaufindikator bildet und während der Korrektur sehr stabil geblieben ist in einer bullischem Flagge.
Wenn Gold und Silber also erneut schwächeln, gucke ich auf meine Newmont. Geht’s zügig nach Süden, ist das ein Problem. Bleibt es stabil und korrektiv, ist alles bestens. In der Zwischenzeit darf die Branche weiter fleißig Schulden abbauen, das Eigenkapital erhöhen und die Bewertung senken. Auch wenn aufgrund der gestiegenen Energiepreise die nächsten Zahlen nicht ganz so überragend ausfallen sollten, sind Bewertungen von 100 - 500$ für die Reserveunze ja ein Witz.
im richtigen Quadranten: NEM, AEM, YRI und OGC
[Blockierte Grafik: https://pbs.twimg.com/media/Ev5UdUlXYAEwRHP?format=jpg&name=900x900]
-
[Blockierte Grafik: https://www.abrasilver.com/_te…e/img/abrasilver-logo.png]
..und hier die aktuelle Präsentation
https://www.abrasilver.com/_re…orporate-presentation.pdf