Almonty Industries announced the filing of its unaudited condensed interim consolidated financial statements and its management's discussion & analysis for the six months ended June 30, 2024. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for the three and six months ended June 30, 2024 and 2023: Almonty Industries Inc. MD&A Tables Three months ended Three months ended Six months ended Six months ended 30-Jun-24 30-Jun-23 30-Jun-24 30-Jun-23 $'000 $'000 $'000 $'000 Gross Revenue 7,938 5,533 15,762 12,630 Mine production costs 6,169 5,285 12,834 11,013 Care and maintenance 264 254 527 509 Depreciation and amortization 294 235 584 485 Income from mining oper...

Lithium Americas Corp. , today announced second quarter results. "We are very pleased with the ramp up progress that has been made at Caucharí-Olaroz in recent months," commented Sam Pigott, President and CEO. "The operation is achieving around 70% capacity on a sustained basis and has hit record monthly production in each of the last three months. Furthermore, the project has demonstrated it can operate at near design capacity with gradual improvements to quality We are prioritizing consistent production volumes at these higher rates which should continue to bring down costs. These operational efforts, coupled with effective cost management through disciplined spending, optimized working capital, and a strong financial position are crucial to ensuring our success today and i...

Bluebird-South Junction expands to 1.2Mtpa run rate from Q3 FY25 PERTH, Australia and TORONTO, Aug. 13, 2024 /CNW/ - Westgold Resources Limited - Westgold or the Company) is pleased to present the maiden Ore Reserve for its South Junction mine. South Junction is a part of a broader Bluebird - South Junction mining complex which is becoming the primary ore source for the Bluebird processing hub at Meekatharra with a 1.2Mtpa run rate targeted from Q3, FY25. Highlights Bluebird - South Junction Ore Reserve increases to 3.0Mt @ 2.8g/t Au for 277koz 233% increase from the FY23 Ore Reserve post depletion. Contribution from the maiden South Junction Ore Reserve of 2.6Mt @ 2.7g/t Au for 225koz. Updated Bluebird - South Junction Mineral Resource exceeds Interim Mineral Resource announc...

New Mine Start-ups and Acquisitions "Franco-Nevada benefited from record gold prices in the quarter and realized higher revenues and cash from operations compared to Q1 2024," stated Paul Brink, CEO. "However, our year over year results were lower without the contribution from Cobre Panama and due to lower production at Candelaria and Antapaccay. Results for the second quarter include a catch-up of higher tax rates due to tax measures enacted in response to the OECD's Global Minimum Tax initiative. In the second half of the year, we expect stronger contributions from Candelaria and growing contributions from Tocantinzinho, Greenstone and Salares Norte which have all recently commenced production. We expect to be at the lower end of our GEO guidance range, taking into account ...

VANCOUVER, BC, Aug. 13, 2024 /CNW/ - Artemis Gold Inc. has filed financial results for the three and six months ended June 30, 2024. The Company's consolidated financial statements and management's discussion and analysis for the three and six months ended June 30, 2024 are available on the Company's profile on SEDAR+ and on the Company's website . About Artemis Gold Artemis Gold is a well-financed, growth-oriented gold development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The Company's current focus is the construction of the Blackwater Mine in central British Columbia approximately 160km southwest of Prince George and 450km northea...

Franco-Nevada Corp. is pleased to announce that its wholly-owned subsidiary has acquired from Compañía de Minas Buenaventura S.A.A. and its subsidiary, an existing 1.8% net smelter return royalty on all minerals covering Newmont Corporation's Yanacocha mine and adjacent mineral properties located in Peru. Consideration for the Royalty consists of $210 million paid in cash on closing, plus a contingent payment of $15 million in Franco-Nevada common shares, payable upon achievement of certain conditions as described below. "We are pleased to partner with Buenaventura to acquire this existing Royalty which adds immediately cash flowing gold production and growth from a leading gold operator," said Paul Brink, President & CEO of Franco-Nevada. "Yanacocha has been one of the larg...

Seabridge Gold announced today that it has filed its Report to Shareholders, Interim Financial Statements and Management's Discussion and Analysis for the three and six months period ended June 30, 2024 on SEDAR+. To review these documents on the Company website, please see https://www.seabridgegold.com/investors/financial-reports. Recent Highlights KSM receives "Substantially Started" designation from the BC Government 2023 sustainability report filed on website Work and partnership discussions continue at KSM $12 million, 15,000-meter drill program underway at Iskut First mineral resource estimate completed for Bronson gold-copper deposit $6 million, 8,000-meter drill program underway at 3 Aces Financial Results During the three-month period ended June 30, 2024 Seabridge posted a net pro...

Silver Storm Mining Ltd. is providing this bi-weekly update on the status of its management cease trade order issued on July 30, 2024 , by its principal regulator, the British Columbia Securities Commission, under National Policy 12-203 Management Cease Trade Orders . The Company announced on July 30, 2024 , that it expected to be unable to file its annual financial statements, management's discussion and analysis and related officer certifications for the financial year ended March 31, 2024 by the filing deadline of July 29, 2024 . As a result of certain complexities associated with the acquisition of the La Parrilla assets, the accounting and audit process remains ongoing at this time. The Company and its auditor continue to make progress and work diligently toward completi...

Myriad Uranium Corp. is pleased to confirm that it continues to raise funds under its previously announced non-brokered private placement financing . Under the first tranche of the Financing, Myriad raised gross proceeds of $2,912,500 through the issuance of 11,650,000 units at a price of $0.25 per Unit . Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant , with each Warrant entitling the holder to purchase one Share at an exercise price of $0.30 per Share for twenty-four months from the date of issuance. The Company intends to raise up to an additional $2,500,000 under the Financing through the issuance of up to an additional 10,000,000 Units. Securities issued under the Financing will be subject to a four month hold p...

Compañia de Minas Buenaventura S.A.A. , Peru's largest publicly-traded precious metals mining company, today announced that it has closed a transaction to sell to a subsidiary of Franco-Nevada Corp. 100% of Chaupiloma Dos de Cajamarca , Buenaventura's subsidiary that owns 1.8% net smelter return royalty on all minerals covering Newmont Corp.'s Yanacocha mine and adjacent mineral properties located in Peru. Under the terms of the definitive agreement, consideration for the Royalty consists of $210 million paid to Buenaventura in cash upon closing, as well as a contingent payment of $15 million in Franco-Nevada common shares, payable upon achievement of certain conditions as described below. "Today's announcement represents another critical step forward...

Denarius Metals Corp. announced today that it has closed the first tranche of its previously announced non-brokered private placement resulting in the issuance of 7,362,221 common shares at CA$0.45 per share for gross proceeds of CA$3,312,999.45. This brings the Company's issued and outstanding common shares as of the current date to 73,553,973 common shares. The First Tranche forms part of a larger private placement of up to 22,222,222 common shares for total gross proceeds of up to CA$10,000,000 . The Company expects to complete the Offering in one or more additional tranches on or before September 5, 2024. In connection with the First Tranche, Mr. Serafino Iacono , an insider of the Company, acquired 5,555,555 common shares. As a result of closing the First Tranche, Mr. Ia...

Trading Symbol: Silvercorp Metals Inc. reported its financial and operating results for the three months ended June 30, 2024 . All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q1 FISCAL 2025 Mined 343,847 tonnes of ore, milled 307,696 tonnes of ore, and produced approximately 1,146 ounces of gold, 1.7 million ounces of silver, or approximately 1.8 million ounces of silver equivalent, plus 15.6 million pounds of lead and 6.4 million pounds of zinc; Sold approximately 998 ounces of gold, 1.7 million ounces of silver, 15.7 million pounds of lead, and 6.5 million pounds of zinc, for revenue of $72.2 million; Reported net income attributable to equity shareholders of $21.9 million, or $0.12 per share; Realized adjusted basic earnings ...

Aris Mining announces its full financial and operating results for the three and six months ended June 30, 2024 . Aris Mining previously reported H1 2024 gold production of 99,983 ounces and reaffirmed the Company is on track to meet the lower end of its 2024 consolidated gold production guidance of 220,000 to 240,000 ounces with the processing plant expansion at the Segovia Operations and construction of the Marmato Lower Mine progressing as planned. Q2 2024 Q1 2024 H1 2024 Gold production 49,216 50,768 99,983 EBITDA1 $30.8M $22.4M $53.2M Adjusted EBITDA1 $36.1M $28.4M $64.5M Net earnings $5.7M or $0.04/share $M or $/share $5.0M or $0.03/share Adjusted earnings1 $12.7M or $0.08/share $5.4M or $0.04/sha...