Steppe Gold shareholders overwhelmingly supported the Boroo Gold acquisition. The transaction is expected to close in or about mid-July. Why invest in Steppe Gold Ltd now? 📌 Immediate strong cash flow from operations 📌 Increase in proven and probable reserves 📌 Further synergies and cost savings 📌 Steppe Gold to become a Mongolia-focused multi-asset gold producer with strong exploration funding and development capabilities Watch our Chairman and CEO Bataa Tumur-Ochir’s latest message here. #STGO $STGO #investing #growthstrategy #preciousmetals #Canada #Mongolia
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Steppe Gold Ltd. TSX: STGO OTCQX: STPGF ***BIG NEWS FROM MONGOLIA*** CONGRATULATIONS to Aneel Waraich and the rest of the team at Steppe Gold #proactiveinvestors #steppegoldlimited #tsx Steppe Gold Executive Vice President Aneel Waraich joined Steve Darling from Proactive to unveil a major development that propels the company to the forefront as Mongolia's premier gold producer. During the interview, Waraich disclosed that the company has successfully entered into a binding term sheet to acquire Boroo Gold LLC, a renowned gold producer boasting an impressive average gold production of over 60,000 ounces annually. Furthermore, Boroo Gold's anticipated mine life extends beyond 2030, cementing its status as a significant asset. Waraich went on to explain that this strategic acquisition positions Steppe Gold as the leading gold producer in Mongolia. The company now has a near-term production target of an astounding 200,000 ounces per annum, which includes the committed ATO Gold Mine Phase 2 Expansion. As a result of this move, Steppe Gold's production is set to experience a substantial increase, soaring from 30,000 to 90,000 ounces per annum once the Proposed Transaction is finalized. Additionally, the deal is expected to contribute to Steppe Gold's already impressive existing resource base of over 4,000,000 ounces AuEq, solidifying its position as a dominant player in the industry. #proactiveinvestors #steppegoldlimited #tsx #stgo #otcqx #stpgf #mining #gold #MongoliaMining #MiningIndustry #ResourceAcquisition #PreciousMetals #InvestmentOpportunity #EconomicGrowth #MiningNews #BoruAcquisition #MiningInAsia #SteppeGoldExpansion #GoldProduction #StrategicMove #MarketLeadership #AsiaInvestment #MiningInvestment #EVPInterview #GoldMarket #MiningExploration #MongolianAssets #FinancialNews #SteppeGoldGrowth #MiningDevelopments #HongKongListing#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews At a Glance Shares Issued (AS OF TODAY - 104,530,613 | Market Cap 68,990,000 Year High 1.28 | Year Low 0.60 | TODAY 0.67 Analyst Coverage: Stifel Financial Corp., Fundamental Research Corp., Haywood Securities Inc., Hannam & Partners For more information: Aneel Waraich EVP & Director aneel@steppegold.com
Steppe Gold makes major acquisition to become Mongolia’s leading gold producer
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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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Element79 Gold: Positive Developments and Path to Production! We're excited to share some key updates from our recent interview! ⛏ 👉Reviving a High-Grade Gold & Silver Mine in Peru Our focus is on bringing a once-shuttered mine, historically Peru's highest-grade gold and silver producer, back to commercial production. Thanks to rising gold prices, this project is now economically viable. 👉Exploration Success & Permitting Progress Promising exploration results with high-grade gold and silver samples position us well for development. We're nearing completion on a crucial 10-year permit and actively working to secure a follow-up 10-year exploration permit. 👉Strategic Partnerships & Revenue Generation We understand the importance of generating cash flow. Our recent funding success strengthens our project, and we're establishing partnerships with local artisanal miners to create a win-win scenario. These miners will continue to operate independently while selling their gold to Element79, allowing us to generate revenue through wholesaling. This initial revenue stream positions us well for larger-scale production in the future. 👉Drilling on the Horizon & Community Support Drilling is anticipated to begin in June or July, with final dates dependent on securing financing agreements and contractors. We're encouraged by the strong community support and momentum behind this project. We're transforming Element79 into a revenue-generating gold & silver company! Stay tuned for further updates. #miningindustry #juniormining #miningnews #miningsector #mininginvestment
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Pleasure of speaking with James, the CEO of Element 79 Gold, about the exciting developments at their Peru mine. We discussed their collaboration with local artisanal gold miners and their strategy to reach cash flow positive status. Enjoy the insights! https://lnkd.in/gpCjsWDq $ELEM.CN portfolio stock Element79 Gold Corp
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Strategic Alliance on the Horizon: Amplifying Copper Production with Carnaby and Hammer Merger · Preliminary merger discussions between Carnaby and Hammer to consolidate copper exploration efforts. · Hammer's Kalman deposit and Carnaby's Greater Duchess project highlight significant copper and gold resources. · The potential merger underlines the strategic importance of resource optimization in the copper industry. Carnaby Resources and Hammer Metals are in discussions for a potential merger, focusing on the Mount Isa region. The merger logic is underscored by the proximity and complementary resources of Hammer's Kalman deposit and Carnaby's Greater Duchess project, promising to enhance copper production capabilities. This move reflects broader macroeconomic trends in the copper industry, emphasizing strategic partnerships to leverage resource efficiency and market positioning in response to growing copper demand for renewable energy and electrification. https://bit.ly/48l2BuB #CopperMining #StrategicMerger #RenewableEnergyResources #Electrification #MiningInnovation #ResourceEfficiency #SustainableMining #CommodityMarkets #BusinessStrategy #MarketTrends Carnaby Resources Limited Hammer Metals Limited Mining Queensland
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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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Great interview on GCC
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Yes PDAC was tense, just look at me. High Grade Gold Exploration with $2100 Gold, Explained | $GCC Stock | PDAC 2024 https://lnkd.in/eWVKnym7 Talking with the CEO of Golden Cariboo about their plans for 2024, their most recent private placement, gold being above $2100 per Ounce and why their gold project is so interesting, enjoy!
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Significant milestone for Horizon Minerals today, moving towards being the next gold producer in WA.
We are pleased to announce that we have secured a binding Ore Sale Agreement with Paddington Gold Pty Limited, enabling us to treat 1.4Mt of ore from our Boorara Gold Project commencing in the September 2024 Quarter. Grant Haywood, our CEO, shared his thoughts on this achievement: “This is a great opportunity for Horizon to generate strong cashflows in this high gold price environment and takes us further down our pathway to sustained gold production. We continue to work on our other projects to bring additional near-term cashflow into the production pipeline, along with the additional resources and optionality of projects to come through our proposed merger with Greenstone Resources.” Read the full announcement here ➡️ https://bit.ly/4b6SsE0 #HorizonMinerals #HRZ #GoldProduction #ASXNews
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Thanks to Reach Markets for the opportunity to provide an update on our Laiva Gold mine. The Reach team managed to keep us on track and not let us get sidetracked as we prepare for our April restart of operations. See the link below for the full investor update video: https://lnkd.in/dGQ7qviS #gold #goldinvestment #investing #goldstocks #goldmining
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Silvercorp Metals Inc., a Canadian-based, China-focused precious metals company, agreed to acquire OreCorp Limited, a development and exploration company, for $170m. Tanzania-focused OreCorp has squeezed out an extra $19m in cash from suitor Silvercorp Metals, following rumours shareholders in the takeover target — which include major WA mining identities — were growing unhappy with the buyout deal. OreCorp (led by Greg Hoskins, Henk Diederichs and Matt Yates) is advised by CIBC, Allen & Overy and REX Attorneys. Silvercorp Metals (led by Derek Liu and Rui Feng) is advised by Canaccord Genuity Group Inc., A&K Tanzania, King & Wood Mallesons and NWR Communications (led by Nathan Ryan). #MergersAcquisitionsDivestitures #Metals #Energy
Silvercorp Metals to acquire OreCorp for $170m.
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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
Gold Royalty Corp Expands Portfolio, Forecasts Substantial Growth
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Well done!