Beiträge von Angelfreund

  • Lundin Gold / LUG, LUGDF (TSE, OTC)

    auch Lundin hat am Montag sehr ordentliche Zahlen gebracht; sind halt - wie bei allen anderen auch - im Sog des PoG-Verfalls untergegangen... bin hier long



    Lundin Gold Reports Q3 2020 Results
    VANCOUVER, BC, Nov. 9, 2020



    https://www.lundingold.com/en/…s-q3-2020-results-122637/




    Third Quarter Operating Highlights

    • Mining ramped up, reaching an average mining rate of 3,750 tonnes per day ("tpd") in September.
    • Underground mine development remains in line with plan. A total of 1,556 metres ("m") of development was completed, with development rates averaging 26.6 m per day in September. Good ground conditions have allowed mining to switch to long-hole stoping mining methods versus drift and fill in key high-grade areas.
    • Process plant operated better than plan and processed a total of 324,143 tonnes of ore at an average gold grade of 10.4 g/t.
    • Average gold recovery was 86.8%, which is higher than recoveries achieved in the brief period of commissioning, ramp up and operations prior to the suspension of operations.
    • Produced 94,250 oz of gold, comprised of 66,790 oz of concentrate and 27,460 oz of doré, and sold 62,160 oz. The balance of the third quarter production was sold in October.

    Third Quarter Financial Highlights

    • Recognized gross revenues of $123 million based on sales of 62,160 oz at an average realized gold price of $1,986 per oz sold1. Net of treatment and refining charges, revenues were $119 million.
    • Sales were comprised of 46,041 oz of gold in concentrate and 16,119 oz of gold in doré.
    • Cash operating costs1 and all-in-sustaining costs ("AISC")¹ were $632 and $728 per oz of gold sold, respectively. This strong financial performance reflects, in part, the benefits of the advance preparation during the suspension of operations in anticipation of re-starting operations and accessing high-grade ore in the mine.
    • Income from mining operations was $62.8 million.
    • Net income was $27.8 million, after deducting corporate, exploration and finance costs and derivative losses. Adjusted net earnings1 for the quarter were $45.8 million and $0.20 per share1.
    • Generated cash flow of $23.4 million from operations.

    ...


    ---


    Zusammenfassend kann man sagen, die kommerzielle Produktion ist mit einem Paukenschlag eingeleitet worden. Bemerkenswert auch die Financials, insbesondere weil hier noch gut 32k Unzen noch noch gar nicht enthalten sind (Verkauf im Oktober).

  • Barrick Mining Corp. / GOLD, ABX (NYSE, TSE)

    Another Strong Quarter Positions Barrick to Deliver on Annual Production Guidance
    November 05, 2020
    http://www.barrick.com/English…ion-guidance/default.aspx


    oronto – Capturing the benefit of higher gold prices through agile management and operational efficiency, Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) increased its operating cash flow by 80% quarter-on-quarter to $1.9 billion and free cash flow 1 by 151% to $1.3 billion in the third quarter of 2020 — a record level of quarterly free cash flow for the company. Net earnings per share was 50 cents, while adjusted net earnings per share 2 was 78% higher than the prior quarter at 41 cents. Debt net of cash was reduced by a further 71% to $417 million, compared to $1.4 billion in the prior quarter, and the quarterly dividend was increased again, the third time in the past year, rising by 12.5% to 9 cents per share.
    ...
    Key Performance Indicators

    • Another solid quarter positions Barrick to deliver on annual production guidance
    • Higher gold prices drive strong cash flow and increased royalty costs
    • Operating cash flow of $1.9 billion and record free cash flow 1 of more than $1.3 billion
    • Debt net of cash reduced by 71% to $0.4 billion with no significant maturities until 2033
    • Strong operating performance across three quarters highlights asset quality
    • Agile organizational structure continues to minimize the impact of Covid-19
    • Consistent delivery from copper operations with costs tracking towards low end of guidance range
    • Net earnings per share of 50 cents; adjusted net earnings per share 2 up 78% to 41 cents for the quarter
    • Twiga partnership in Tanzania pays maiden dividend with all stockpiled concentrate sold
    • Continued improvement in safety across the group year-on-year for both Lost Time and Total Injury Frequency rates
    • Capital project teams remobilized in Argentina while all other capital projects remain on track
    • Focus on exploration and organic growth highlights upside potential across Tier One 11 portfolio
    • Significant stratiform mineralization connects Goldrush to Fourmile
    • Ongoing portfolio rationalization converts closure properties to value opportunities
    • Barrick declares $0.09 quarterly dividend per share

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    sehr gut :D hab eben nochmals nachgelegt

  • Torex Gold Resources / TXG (TSX)

    October 29, 2020
    Torex Gold Reports Positive Drill Results from the 2020 Exploration Program at ELG Underground


    https://www.torexgold.com/news…rogram-at-elg-underground


    Highlights from the latest round of drill results include 30.7 grams of gold per tonne (“g/t Au”) over 9.1 metres (“m”) in SST-162; 13.1 g/t Au over 28.5 m in SST-180; 23.9 g/t Au over 12.2 m and 14.9 g/t Au over 18.9 m in SST-169; 17.0 g/t Au over 15.4 m in SST-177; 21.6 g/t Au over 11.8 m in SST-189; and 16.0 g/t over Au 13.2 m in LDUG-071.

  • Lion One / LIO, LOMLF (TSX, OTC)

    Video/Interview von heute:


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    ab ca. 18.20min gehts um LIO


    offensichtlich wird ja doch gebohrt :)


    CEO spricht von 10-20 moz, eher 20 :saint: