Gold Royalty Corp has completed its acquisition of the Vares copper stream in Bosnia and Herzegovina, operated by Adriatic Metals plc. The stream entails ongoing payments equal to 30% of the LME spot copper price, with an effective payable copper fixed at 24.5%. 'Adriatic has offered production guidance of 240-300 kilotons (kt) of ore to be mined from Vares in 2024, with copper grades ranging from 0.5-0.6%,' said CEO David Garofalo. Garofalo highlighted the company's remarkable growth, expanding from 18 development-stage royalties to 240 royalties, including 5 producing projects. In 2024, Gold Royalty Corp expects 160% revenue growth and anticipates positive free cash flow and earnings for the first time. 'The company projects a 60% compounded annual growth rate in revenue through the end of the decade, driven by royalties on major gold mines in North America,' Garofalo stated. These developments underscore Gold Royalty Corp's strategic focus on portfolio expansion and revenue stream enhancement. #GoldRoyaltyCorpGrowth @goldroyaltycorp
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Precious metals have been on fire. With gold hitting $2,500/oz and silver surging past $30/oz, senior producers are reporting blowout quarters and soaring Q2 revenues. Companies like Kinross Gold Corporation, Alamos Gold Inc., and Agnico Eagle Mines Limited have risen over ~50% in the past 6 months. In 2023, I began aggressively buying physical precious metals with some colleagues and continue to dollar-cost average (DCA) into this bull market. As senior producers build strong cash reserves and with M&A activity gaining momentum, the junior space could present interesting opportunities ahead. #Gold #Silver #PreciousMetals #Investing #JuniorMiners #MetalsBullMarket
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President and CEO of Revival Gold Inc. Hugh Agro, joins Deb and Magda from Adelaide Capital for an investor update webinar to share details on their recent acquisition news and financing! TSXV: RVG // OTCQX: RVLGF Revival Gold is a growth-focused gold exploration and development company. The Company is advancing the Beartrack-Arnett Gold Project located in Idaho, USA. Beartrack-Arnett is the largest past-producing gold mine in Idaho. The Project benefits from extensive existing infrastructure and is the subject of a recent Preliminary Feasibility Study for the potential restart of open pit heap leach gold production operations. Since reassembling the Beartrack-Arnett land position in 2017, Revival Gold has made one of the largest new discoveries of gold in the United States in the past decade. The mineralized trend at Beartrack extends for over five kilometers and is open on strike and at depth. Mineralization at Arnett is open in all directions. https://lnkd.in/gvGHRfEz
All Details on REVIVAL GOLD Acquisition News!
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https://lnkd.in/ekYgNpNN In this article, we will take a look at the Largest Gold Mine in the World by Production Volume. We have also compiled a full free list of the 10 Largest Gold ...
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ICYMI: Revival Gold is merging with Ensign Minerals and will acquire all of the issued and outstanding shares of Ensign, a private company, in exchange for a total of 61,376,126 million shares of Revival Gold, based on an exchange ratio of 1.1667 Revival shares for each Ensign share. With total Measured and Indicated Mineral Resources of 2.4 million ounces of gold and Inferred Mineral Resources of 3.8 million ounces of gold, the transaction increases Revival Gold's heap leach gold resources per share and creates one of the largest pure-play gold development companies in the United States. We view the transaction as a win-win situation and risk minimization for all parties involved. / via @swissresourceag #Development #CompanyPresentation #RevivalGoldInc
Revival Gold: Acquisition of Ensign Minerals and Financing of CAD 7 Million
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ICYMI: In this corporate update, Tim Clark, CEO of Fury Gold Mines, and Bryan Atkinson, Senior Vice President of Exploration, discuss the current state of the gold market and the potential for consolidation in the industry. They highlight the delayed impact of rising gold prices on junior gold stocks and the opportunity for acquisitions as large-cap producers generate more and more free cash flow. They also discuss the strategic position of Fury Gold Mines, with their properties located next to major producers. The conversation also covers the recent mineral resource update for the Eau Claire project, which showed significant growth in measured, indicated, and inferred resources. The undervaluation of Fury Gold Mines and the potential for a takeover are also discussed. / via @swissresourceag #Interview #Exploration #FuryGoldMinesLtd
Fury Gold Mines: Potential of M&A Around Éléonore South, Updated Mineral Resource and 2024 Exploration
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🔥 The copper and gold markets are on fire. Copper demand is soaring, key for the green transition and AI race, while gold is in a bull run. Western Copper and Gold CEO Sandeep Singh discusses the copper supply deficit, mining challenges, and their Casino Project's potential in Yukon, Canada. Learn about partnerships with Rio Tinto and Mitsubishi, project economics, and upcoming milestones. 📈 Discover why Singh sees Western Copper and Gold as a "long-dated, already in-the-money call option" for investors. Watch on #StocksToWatch: https://loom.ly/ffkZfNg #TSX #WRN #NYSE #WRN #Copper #Gold #WesternCopperGold #InvestmentTips #Stocks #MiningPortfolio #GlobalOneMedia
Next Major Copper Supplier? Western Copper and Gold’s World-Class Asset in Yukon
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In this corporate update, Tim Clark, CEO of Fury Gold Mines, and Bryan Atkinson, Senior Vice President of Exploration, discuss the current state of the gold market and the potential for consolidation in the industry. They highlight the delayed impact of rising gold prices on junior gold stocks and the opportunity for acquisitions as large-cap producers generate more and more free cash flow. They also discuss the strategic position of Fury Gold Mines, with their properties located next to major producers. The conversation also covers the recent mineral resource update for the Eau Claire project, which showed significant growth in measured, indicated, and inferred resources. The undervaluation of Fury Gold Mines and the potential for a takeover are also discussed. / via @swissresourceag #Interview #Exploration #FuryGoldMinesLtd
Fury Gold Mines: Potential of M&A Around Éléonore South, Updated Mineral Resource and 2024 Exploration
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We are pleased to share our latest presentation from the RMEC conference, where our CEO, James Tworek, outlined our strategic vision and upcoming projects. Element79 Gold Corp is dedicated to generating near-term cash flow through the acquisition and development of high-grade, past-producing gold mines. 🌟 Highlights of the Presentation: Lucero Project: Our flagship project in Lucero is permitted for 350 tons per day and historically produced 40-50,000 ounces of gold equivalency annually. We are set to commence underground and surface drilling to establish a robust resource and mine plan. Team Strength: Our experienced executive team, with a strong background in mining projects and project finance, is committed to ethically and sustainably developing our projects. Community Engagement: We prioritize strong community relationships and have partnered with local NGO, UMA, to support education and entrepreneurship programs in Peru. Financial Milestones: The recent sale of our Maverick Springs project has strengthened our balance sheet, allowing us to focus on growth and development. Upcoming Revenue Generation: We anticipate revenue from the wholesaling of ores by Q3-Q4 this year, with further revenues following in Q4 2024 and Q1 2025. 🔗 Watch the full presentation here: https://lnkd.in/gAUV3a7U To learn more about our exciting journey and future plans! We are confident in our ability to drive significant value for our stakeholders and look forward to sharing more updates soon. #miningindustry #juniormining #miningnews #miningsector #mininginvestment
Near Term Gold Producer Element79 Gold Corp Presents LIVE at RMEC
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BARRICK GOLD EXPRESSES INTEREST IN COBRE PANAMA AS FUTURE PARTNER AMID ONGOING DISPUTES Barrick Gold Corporation (NYSE: GOLD) is prepared to step in as a partner in the Cobre Panama copper mine once the Panamanian government resolves the ongoing dispute over the asset, CEO Mark Bristow stated on Monday. The mine, currently owned by First Quantum Minerals, has been embroiled in controversy since November, leading to its closure following widespread protests. The new administration under President Jose Raul Mulino, in power since July, has announced that a decision regarding the mine’s future—which contributes 1% of global copper output and 5% of Panama’s GDP—will be…READ MORE HERE https://lnkd.in/d6fbCirD
Barrick Gold Expresses Interest in Cobre Panama as Future Partner Amid Ongoing Disputes
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Calling all investors interested in the #gold and #copper sectors. Dive into the full conversation to uncover Forte's forward-looking strategies and how our recent acquisitions of the Alto Ruri and Cerro Quillo prospects in central Peru. 🌍 In a recent interview, CEO Patrick Elliott and Andrew O'Donnell from Market Mindset shed light on the strategic significance of acquiring the Alto Ruri and Cerro Quillo prospects. They highlight the historical drilling results, which show substantial gold values, and the proximity to Barrick's Pierina Mine, underlining the promising exploration potential of these prospects. 🛠️ This initiative strengthens our asset base and demonstrates our unwavering commitment to shareholder value🌱 📺 Watch the full interview here: https://shorturl.at/gAQ24 For more details on our strategic acquisition announced on March 4th, read our press release: https://shorturl.at/gzIOU #goldmining #coppermining #sustainablemining #investmentopportunity #miningindustry
Gold and Copper in Peru: Forte Minerals' Quest for Impressive Mineral Assets
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