Ramelius Resources Limited’s Post

#Gold is on the Move and the best jurisdiction in the world is #Canada. #IN #Quebec, Osisko Metals Incorporated and #Bonterra are developing gold mines in the Urban-Barry district and in Newfoundland Calibre Mining Corp (CXB) has just purchased Marathon Gold for $ 250 million and are developing a gold mine. Why does this matter for @Triple One Metals? Because we have projects in both locations on trend! See the maps in the comments for details Haywood Securities Inc. Canaccord Genuity Group Inc. PI Financial Corp. Research Capital Corporation Government of Newfoundland and Labrador Investissement Québec Caisse de dépôt et placement du Québec (CDPQ) Laurentian Bank Securities Desjardins TD Securities BMO Capital Markets RBC Capital Markets Scotiabank CIBC Mellon Resource Capital Funds CIM | Canadian Institute of Mining, Metallurgy and Petroleum Prospectors & Developers Association of Canada (PDAC) Goldman Sachs Goldman Sachs Investment Banking Goldman Sachs Private Wealth Management JPMorgan Chase & Co. Morgan Stanley World Gold Council Teck Resources Limited Osisko Development Corp.

📢 Regis Resources is pleased to announce the release of a solid Q4 FY24 Quarterly Report. Q4 Highlights: ✔ Delivered record LTIFR of 0.00 ✔ Produced 106.4koz of gold at A$2,247/oz, while recovering from wet weather impacts ✔ Sold 114.5koz at an average realised gold price of A$3,528/oz ✔ Record operating cash of $166m ✔ Progressed Duketon underground growth strategy ✔ Released McPhillamys’ DFS ✔ FY24 group gold production and AISC within guidance ranges Our Managing Director Jim Beyer commented: “This has been a significant few months for the Company. The cash generating capacity of Regis is now clear for all to see after we broke free of the long-standing hedge book. With a healthy gold price tailwind and mines continuing to recover from extreme wet weather, Regis delivered record cash and bullion build of $109 million in the last quarter and $141 million since the hedge book was closed out in December 2023. We continue to work on delivering ongoing cash build into the future. After the end of the quarter, we delivered the McPhillamys DFS and as we have long thought, the Project is confirmed as a value accretive, long-life, expandable, low operating cost open pit that delivers robust financial metrics. McPhillamys is one of Australia’s largest undeveloped open pit gold projects, and we are very pleased to have such significant organic growth optionality in our portfolio.” Read the announcement here 👉 Q4 FY24 ASX Release https://lnkd.in/gdQSGH_F #ASX #gold #mining

Harmony’s performance for the 2024 financial year elevates company to new heights Harmony delivered an exceptional performance for the 2024 financial year (FY2024) on the back of high recovered grades, sustained operational excellence and record gold prices. The record performance was due to the successful execution of a clear strategic intent, supported by our investment in quality ounces, which enabled Harmony to deliver ahead of plan and capitalise on higher gold prices. Strong operational performance in terms of grades, costs and production led to record operating free cash flows and improved margins and profitability. Ongoing investment in quality ounces is delivering the desired results and contributing to greater cash certainty. Higher recovered grades and production, and cost containment contributed to record operating free cash flow of R12.7 billion (US$681 million) and a healthy net cash position of R2.9 billion (US$159 million), all of which translated into even stronger growth in headline earnings a share. Headline earnings rose both in rands and US dollars to 1 852 SA cents a share (up 132%) and 99 US cents a share (up 120%). What we achieved in this financial year has been incredible and demonstrates our success in achieving our goal of 'mining with purpose,' said Harmony Group CEO, Peter Steenkamp. A final dividend of 94 SA cents (5 US cents) a share was declared. Harmony’s continued investment in quality ounces has contributed to a long-life, diversified production profile that is founded on a substantial gold and copper Mineral Resource of 136.5Moz and a Mineral Reserve of 40.3Moz. To read more about Harmony’s FY24 results, visit www.harmony.co.za and https://lnkd.in/dWBF5jgf

These are type of nuggets that can be found at the bottom of the cycle when only 0.02% are in; Principal is gold linked to rising a price, 12% interest payment for 5 years, an option to convert to $WRLG shares, and under new management led by two of Canada's top mine builders @Frank_Giustra and Tony Makuch. Similar structure to the Aris Mining bond that I parked a few years back, the gold peg has appreciated nicely since issued at 1600 gold and Aris continues growing production. Love getting paid to patiently wait for the herd to follow, but seek financial advise for suitability. Don't miss out on this chance to invest smartly and diversify your portfolio. For more information on #gold centric investment strategies in times like this, contact the Carrasco Group for Metals and Mining at Canaccord and seek expert advice, unlike many advisors we have been sailing these waters since the early 2000s. Always happy to chat on the phone. Jaime Carrasco Senior IA & Senior Portfolio Manager Canaccord Genuity Wealth Management 40 Temperance Street, Suite 2100, Toronto, ON M5H 0B4 T: +1 416.869.7353 ttps://

Black Cat Syndicate Limited Unveils Robust Restart Study for Paulsens Gold Operation (ASX: BC8) Gareth Solly, Black Cat’s Managing Director, expressed enthusiasm about the study results, stating, “The May 2024 Study demonstrates that Paulsens is a cash cow and generates Operating Cashflow of $201M. We are well progressed in obtaining a secured debt facility which uses the May 2024 Study as a base case and the Internal Operating Plan as an upside case.” “Additionally, there is potential upside to the May 2024 Study from the Internal Operating Plan, which incorporates many high-grade veins that are outside the current Resource. The Internal Operating Plan includes additional selective mining of these developed veins to build a high-grade stockpile for immediate processing once the processing facility is commissioned, which has the potential to increase and accelerate initial and life of mine cashflow. The high-grade stockpile strategy, while excluded from the May 2024 Study, will commence immediately upon full funding.” “We are looking forward to being fully funded so that we can achieve our vision of being the dominant player in three prolific gold districts – Paulsens in the Pilbara, the Coyote Gold Operation in the Western Tanami, and the Kal East Gold Project, east of Kalgoorlie.” Read our article below: https://lnkd.in/ggxyUh-j #gold #mining #exploration #asx

Element79 Gold’s Strategic Vision for Growth and Value Creation We are excited to share the latest developments and strategic initiatives at Element79 Gold (CSE:ELEM, OTC:ELMGF) that underscore our commitment to growth and value creation for our shareholders. 🔍 Key Developments:    Extensive Historical Workings at Lucero Property: Our recent underground mapping has revealed extensive historical workings, far surpassing our initial expectations. This discovery opens up unprecedented exploration opportunities, positioning us for sustained growth.    Expansion in Nevada: We're expanding our portfolio along the prolific Battle Mountain trend in Nevada, which presents near-term resource development opportunities. Our proactive approach in securing strategic properties ensures we're well-placed to capitalize on these opportunities.    Strategic Transactions: Our recent property sales and option agreements reflect our dynamic approach to maximizing shareholder value. These strategic moves are designed to streamline our focus and enhance our financial flexibility. 📈 Why Element79 Gold? In a market where reliability and potential often diverge, Element79 Gold stands out as a quietly simmering gold play with immense potential. Despite a period of relative quiet, our strategic moves have kept investor interest alive, and our stock price has begun to reflect this renewed enthusiasm. 💡 Gold Market Outlook: With gold continuing to shine brightly in 2024 amidst lower interest rates, inflation concerns, and global uncertainties, our position in the gold market is stronger than ever. Analysts are optimistic, forecasting potential for new highs, with gold possibly reaching the $2,400 per ounce mark. 🚀 Our Vision: At Element79 Gold, we are more than just a gold mining company. We are pioneers in the industry, dedicated to advancing our projects such as the Lucero Mine in Peru and the Maverick Springs Project in Nevada. These projects not only showcase our commitment to robust economic returns but also to responsible and sustainable resource development. We invite our investors, partners, and the broader community to join us as we continue to drive forward with our strategic vision, unlocking substantial value and achieving new milestones in the gold mining sector. 🔗 Stay tuned for more updates and join us in this exciting journey of growth and exploration. https://lnkd.in/d9je9Wxz #miningindustry #juniormining #miningnews #miningsector #mininginvestment

Agnico Eagle Mines Limited (TSX:AEM) picked up C$2,874,856.57 worth of Maple Gold Mines stock (TSXV:MGM) from investors in a recent flow-through financing. The transaction was composed of 33,821,842 common shares priced at C$0.085 and increases the senior gold miner’s stake from 11.97 to 19.9 per cent, begging the questions of what it finds so attractive about Maple Gold’s Quebec-based operations, and whether your portfolio would benefit from exposure to them. #gold #goldmining #goldstocks #stockstowatch #stocksinfocus #miningstocks #goldexploration

The first six months of production from the Plutonic #Gold Mine in Western Australia has seen Catalyst Metals Ltd return robust financial results for the first half of FY2024 including a 444% increase in EBITDA to $24.4 million. As well as the increase in earnings before interest, tax, depreciation and amortisation (EBITDA) before extraordinary items, the company also recorded net profit before tax and extraordinary items of $9 million. This compares to a loss of $2.4 million in H1 FY2023 while the EBITDA during the six months is much stronger than the H1 FY2023 result of $4.5 million. More at #Proactive #ProactiveInvestors #ASX #CYL #GoldMining #GoldStocks #GoldProduction http://ow.ly/65fe105jS7x

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

📊 Victoria Gold: A Look Back at Projections and the Reality of Economic Estimates Victoria Gold has been a hot topic in recent months following the unfortunate heap leach failure at its flagship Eagle Mine Project. One eye-opening aspect was despite a 50 to 60% appreciation in gold since 2019, the Eagle Gold Mine was not producing any meaningful cash flow. Generating cash flow is fundamentally important to ensuring that long-life assets can meet both financial and environmental obligations. Assets that become marginal by definition will have reduced cash flow to reinvest in their operations. An operation that has breakeven cash flow by definition will have an NPV of $0.00. This, of course, leds me to ask the question: how does this compare with the 2019 FS? There has been much discussion on LinkedIn about how 43-101 compliant PEA and feasibility studies have lost credibility with investors, resulting in a loss of trust with the public. Furthermore there have been a number of cost blowups we have seen in the industry. So what was the projected NPV and IRR, of the Eagle Mine? It must have been marginal? It was not. In 2016, the NPV(5%) was over $508M, with an after-tax IRR of 29.5% and capital efficiency of 137% on an initial capex estimated at $370M. In 2019, the study was updated with an NPV(5%) of $1,034M. Capital efficiency above 100% is very rare, and whenever such numbers are thrown around, it's important to appreciate how hard it is to find projects with such rosy economics that, for some reason, haven't been built earlier. We should be cautious and recognize how unique 20%+ IRRs and capital efficiencies above 100% truly are. Especially when CAPEX becomes larger. Yet, I’ve seen a trend where more elevated economics in these studies seem increasingly common. All mining projects come with liabilities, and our ability to manage and engineer those liabilities is dependent on real economics. If these estimates are off and not addressed, we risk repeating the same mistakes, and worse leaving legacy liabilities that can't be covered. #Mining #Gold #CashFlow #NPV #IRR #CapitalEfficiency #FeasibilityStudies #MiningEconomics #ProjectLiabilities #MineralExploration #HeapLeach #RiskManagement #InvestmentCaution #TSXV