Steppe Gold Ltd’s Post

Gold miners are NOT being priced at $2,500/oz - M&A is the wake-up call catalyst for investors: Gold Fields to acquire the remainder of Osisko Mining for $1.57B in cash (67% share price premium) Gold stocks we own /have on our radar: Agnico Eagle Mines Limited (AEM), B2Gold Corp. (BTG), West Red Lake Gold Mines Ltd. (WRLG), Kobo Resources Inc. (KRI), First Nordic Metals (TSXV: FNM | OTC: FNMCF), Element79 Gold Corp (ELEM), Cerrado Gold (CERT), Gold Royalty Corp. (NYSE: GROY)... there are plenty more names in the sector that are too cheap #preciousmetals #mining #juniormining #gold #goldmining

Steppe Gold Ltd enters into the Share Exchange Agreement to acquire Boroo Gold, while also selling the Tres Cruces Oxide Project for CAD$12m in cash. This acquisition is expected to deliver immediate, strong cash flows and, the combined operations are set to increase production to 90k oz (pro forma) over the next two years and then to 150k oz annually starting in 2026. Bataa Tumur-Ochir, Chairman and CEO of Steppe Gold Ltd, said “This transaction accelerates our path to a multi-asset Mongolia-focused mining group and, importantly, immediately provides strong cash flow to support our growth plans, further improved with the recent strong gold prices”. Check out the news release here. https://lnkd.in/gCCjKwCM #STGO $STGO #preciousmetals #growthstrategy #mining #investing #Mongolia

👨💼 BEST GOLD STOCKS TO BUY NOW 👇👇👇 https://lnkd.in/daXrxXNR ✏️ Top #goldstocksinvest in: ▪️ Eldorado Gold Corporation (#EGO) ▪️ AngloGold Ashanti (#AU) ▪️ Royal Gold (#RGLD) ▪️ Gold Field (#GFI) ▪️ Franco-Nevada Corporation (#FNV) ▪️ Pan American Silver Corp. (#PAAS) ✅ Recently, people from all walks of life are beginning to see the potential in the #investmentsector. One of the assets that appeal to potential #investors is gold because of its century-long position as a store of value and a safe haven asset. ✅ However, #investingingold mining companies is one of the most convenient ways of investing in gold. In this article, we have put together the top gold mining companies. So, keep reading to learn about the best #goldminingstocks to invest in. Traders Union #tradersunion #makemoney #forextrader #OnlineJobs2024 #OnlineJobs #investor #investing #earnmoney #makemoneyonline

The price of #gold has hit a historic milestone, with #gold bars now valued at over a million dollars each! This surge highlights the growing appeal of precious metals as safe-haven assets. With gold on the rise, #silver will follow suit! Now is an exciting time to explore silver investments, particularly through junior mining companies like Honey Badger Silver, where our exciting projects are highly geared towards the price of silver. TSX.V:TUF https://lnkd.in/eTR_s3mk #HoneyBadgerSilver #MiningSilver #InvestInMining #JuniorMining #InvestInHoneyBadgerSilver

Nothing personal, just business! Is it even legal on the TSX? ---------------------------------------------------------------- China’s Yintai Gold to buy Canadian gold explorer Osino for $272 million Reuters, February 25, 2024 (https://lnkd.in/e2JxMhx8) ---------------------------------------------------------------- "China-based Yintai Gold on Sunday said it will acquire Canadian gold exploration firm Osino Resources in an all cash deal for C$368 million ($272.53 million). Osino will end its C$287 million deal with Canadian gold miner Dundee Precious Metals, which was announced in December, and Yintai also will pay a $10 million termination fee for the deal, according to the statement."

Steppe Gold Ltd, a precious metals company, agreed to acquire Boroo Pte. Ltd Gold, a gold producer. Financial terms were not disclosed. “We are very pleased to announce the agreement to acquire Boroo Gold. This transaction accelerates our path to a multi-asset Mongolia-focused mining group and, importantly, immediately provides strong cash flow to support our growth plans, further improved with the recent strong gold prices. In connection with the completion of this transaction we expect to finish 2024 with a run rate of around 90k oz in gold production, moving to over 150,k oz in 2026 on a pro forma basis. We have also decided to divest the Tres Cruces Project to further improve our liquidity and sharpen our focus on Mongolia,” Bataa Tumur-Ochir, Steppe Gold Chairman and CEO. Boroo Gold (led by Dulguun Erdenebaatar) is advised by Cormark Securities and Stikeman Elliott LLP. Steppe Gold (led by Bataa Tumur-Ochir and Jeremy South) is advised by Sequeira Partners, Fasken and Payet, Rey, Cauvi, Pérez Abogados. #MergersAcquisitionsDivestitures #Mining #Gold #Metals

ICYMI: David Garofalo, CEO of Gold Royalty, discusses the company's great first quarter results and future growth prospects. The company is expecting to double its revenue this year and achieve 60% compound annual growth through the end of the decade. Gold Royalty has a strong portfolio of royalties from some of the biggest producing gold mines in North America, which will drive their revenue growth. The company has already achieved 40% of its full-year revenue guidance in the first quarter alone, due to the higher than anticipated gold price. They also have a strategic alliance with Taurus Mining Royalty Fund, which provides access to a deep pool of capital for larger royalty opportunities. H.C. Wainwright and we have a much higher price target of $5.75. / via @swissresourceag #Interview #Production #GoldRoyaltyCorp

🚀 99% is a fantastic score in anyone’s language! That’s the case for 17,493,780 Auric options which will be taken up by shareholders at 15 cents per share, generating Auric Mining Limited (ASX:AWJ) $2.62 million in new share capital 💰. The 99% take-up of the offer comes as Auric shares march upwards to 21 cents – all on the back of a gold price breeching $3,500 AUD an ounce this week 💥. There’s so many exciting things happening at this small gold company and confidence is growing we’ll perform exceptionally well over the coming year ✨ Congrats to new and existing shareholders and Go Auric!🏆 Check out the video of mining activities at Jeffreys Find taken last week 🎥. Read the full announcement: https://lnkd.in/gxAGqEBZ #AuricMining #Gold #GoldMining #GoldRush #ShareholderSuccess #MiningExcellence #StockToWatch #AWJ #ASXNews 🌟

Cboe Canada proudly expands support of the #mining industry with today’s uplisting of Denarius Metals! Headquartered in Toronto, Denarius Metals is a polymetallic mining company now #trading under the symbol #DSLV. Read more: https://rb.gy/0pq1wz   Denarius Metals is developing four resource properties across Spain and Colombia in search of a wide range of high-demand metals including copper, nickel, zinc, lead, #gold, silver, cobalt, #palladium, and platinum.   “Cboe’s global exchange platform and increased #investor reach were major considerations in our decision to graduate our securities to Cboe Canada to support our continuing growth and the expansion of our global investor base.” - Serafino Iacono, Executive Chairman and CEO of Denarius Metals   For free, real-time market data on #DSLV: https://rb.gy/wtor2z   #CboeListed #CapitalMarkets #Listings #Investors #Advisors #CapitalRaising #MiningIndustry #MiningStocks #Investment #ListWithPurpose #InvestWithPurpose   Erik Sloane Scott Davidson Joacim Wiklander Igor Cvetkovic Mike Stein William Collins Rosie Rubie, Saqib Khokhar Marcus Schlechta Steve Watson Bryan Blake Adam Inzirillo Aimee Morita Jacob Schumann Kirstie VanWyk Cboe Global Listings

✨ With gold hitting world record prices 📈, the timing was perfect for our MD Mark English when he presented Auric Mining Limited (ASX:AWJ) to 20-odd gold enthusiasts 🌟 at The Royal Exchange in the heart of Sydney. Auric is an Emerging Rising Star 🌠 at the small end of the gold market and is currently being re-rated by the share market, the share price having risen from 9 cents at the end of January to 17 cents this week. With mining underway for the year, it's going to be an exciting ride 🚀 for Auric, and it is Canary Capital's number one gold stock recommendation in today's bullish and rising gold market. Go Auric! 🏆 #GoldMining #Investing #Sydney #AuricMining #BullishGold #RisingStar #InvestorPresentation #MarketWatch #GoAuric #stocktowatch #gold