World Gold Council

SilverCrest Provides 2024 Guidance

Retrieved on: 
Mardi, février 20, 2024

The new mining contractor, Dumas Contracting Ltd. ("Dumas"), arrived at site in early February 2024 to begin mobilization, which is expected to continue through Q3, 2024.

Key Points: 
  • The new mining contractor, Dumas Contracting Ltd. ("Dumas"), arrived at site in early February 2024 to begin mobilization, which is expected to continue through Q3, 2024.
  • 2024 guidance incorporates assumptions related to the transition of contractors and ramp-up of Dumas.
  • In Q1, 2024 SilverCrest expects to make a payment of approximately $28.0 to $30.0 million for 2023 taxes and duties.
  • This advance to Dumas will be credited towards mining services for SilverCrest over 24 months starting in Q3, 2024.

Where do all of James Bond's gadgets come from? A geologist tells the raw truth

Retrieved on: 
Samedi, décembre 30, 2023

Laser watches, fingerprint guns, explosives and, of course, over-equipped cars: the list of gadgets flaunted by James Bond is as bewildering as the mind of their inventor, Q.

Key Points: 
  • Laser watches, fingerprint guns, explosives and, of course, over-equipped cars: the list of gadgets flaunted by James Bond is as bewildering as the mind of their inventor, Q.
  • While some of these gadgets actually exist (laser, fingerprint recognition, back reactor), others, as we shall see, are more fanciful.

The fast, inconspicuous cars of the world’s most famous secret agent


In 1964’s Goldfinger, James Bond (Sean Connery) has to give up his Bentley for an Aston Martin DB5 modified by Q (the unforgettable Desmond Llewelyn). This is the first of eight appearances of a car that will go on to become inseparable from 007.
The auto is a good example of how products have become more complex and incorporated a greater diversity of raw materials over time.

  • The DB5 contains an array of minerals, starting with aluminium, a metal known to make cars lighter.
  • The body of the DB5 is made of aluminium and magnesium alloy plates resting on a tubular steel structure.
  • More recently, in Dying Can Wait (2021), the Aston Martin Valhalla is a plug-in hybrid, but James Bond has not yet gone all-electric.

Golden guns that would melt in real life

  • Another cult item is the Walther PPK, the German pistol used by 007 in many of the Bond films.
  • Limited to one shot, the pistol fires bullets of 4.2 mm calibre, weighs 30 g and is made of 23-carat gold with traces of nickel.
  • In jewellery, gold is often combined with silver, copper or zinc to make it wearable.
  • On 4 December 2023, one kilogram of gold was trading at around €66,000, an all-time record (World Gold Council).

James Bond and his high-tech enemies


The saga has also always been about surprising the general public with cutting-edge technology, which may be little known at the time of the film’s release. What better example than the laser, which, should we be reminded, stands short for Light Amplification by Stimulated Emission of Radiation. The saga likes to beam it as often as possible, alternatively adding it to pistols, watches, cars, and satellites.

  • In Goldfinger (1964), film director Guy Hamilton chooses to bypass Ian Fleming’s novel of the same name by threatening James Bond not with a chainsaw, but a laser.
  • For one, telemetry: from the Greek “tel” (“remote”) and “metros” (“to measure”), this practice consists in remotely measuring physical and electrical data.
  • Physicist Théodore Maiman introduced the first operational laser in the real world in May 1960 (American Physical Society), right before James Bond.


Crystalline lasers: made of silica glass (from very pure quartz) or synthetic ruby or sapphire crystals (aluminium oxide doped with titanium, chromium or rare earths : neodymium, ytterbium, praseodymium, erbium or thulium) ;
Fibre lasers : composed of optical fibres based on silica (derived from ultra-pure quartz) and doped with rare earths (metals extracted mainly from minerals such as bastnaesite, monazite or xenotime) ;
Gas lasers: using helium (extracted from natural gas deposits) and neon (extracted from atmospheric air gases) or CO2 ;
Organic dye lasers.
The red light beam in Goldfinger was emitted from a laser (probably ruby) whose brightness was amplified by special effects. However, the destructive nature of the laser is pure fiction. During filming, an operator used an acetylene torch under the pre-cut table even though Sean Connery was lying on it !

  • It’s a stainless and corrosion-resistant steel that limits the risk of allergic reactions when it comes into contact with the skin.
  • James Bond is like many other citizens, he consumes mineral raw materials on a daily basis.


Nicolas Charles ne travaille pas, ne conseille pas, ne possède pas de parts, ne reçoit pas de fonds d'une organisation qui pourrait tirer profit de cet article, et n'a déclaré aucune autre affiliation que son organisme de recherche.

WisdomTree Completes Repurchase of Non-Voting Preferred Shares Convertible into 13.1 Million Shares of WisdomTree Common Stock from a Subsidiary of the World Gold Council

Retrieved on: 
Lundi, novembre 20, 2023

The preferred shares have been fully extinguished and the transaction is approximately 7% accretive to current 2024 consensus earnings per share (“EPS”) estimates.

Key Points: 
  • The preferred shares have been fully extinguished and the transaction is approximately 7% accretive to current 2024 consensus earnings per share (“EPS”) estimates.
  • WisdomTree Founder and CEO Jonathan Steinberg said, “This repurchase eliminates potential future overhang while generating 7% accretion for stockholders today.
  • Today’s share repurchase generates an additional 7% accretion to Street forecasts and removes a potential risk of overhang on WisdomTree’s stock price had GBH disposed of the 13.1 million shares of common stock underlying the preferred shares by other means.
  • The repurchased preferred shares were originally issued to GBH in May 2023 in connection with the gold royalty buyout.

Resourcing Tomorrow Outstanding Achievement Awards Announces Full List of Nominations

Retrieved on: 
Jeudi, novembre 9, 2023

Following the end of the submission period, the long list of nominations is officially in for the 20th edition of the most prestigious mining awards ceremony - the Resourcing Tomorrow Outstanding Achievement Awards.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - November 9, 2023) - Following the end of the submission period, the long list of nominations is officially in for the 20th edition of the most prestigious mining awards ceremony - the Resourcing Tomorrow Outstanding Achievement Awards .
  • Taking place on November 30th, These awards highlight excellence across the board, from groundbreaking exploration projects to inspiring tech innovations, industry deals, and visionary leaders and CEOs.
  • Among the nominations, some of the world's blockbuster transactions are of course in there, including Newmont's acquisition of Newcrest and BHP's purchase of OZ Minerals.
  • But it's not just about the awards - the Resourcing Tomorrow Outstanding Achievement Awards Ceremony is an unforgettable evening of celebration with great food, fantastic entertainment and networking with the industry's best and brightest.

SilverCrest Reports Third Quarter 2023 Results

Retrieved on: 
Mercredi, novembre 8, 2023

In the third quarter, total cost of sales was $26.4 million (Q2, 2023 - $23.7 million), an increase of 11% over Q2, 2023.

Key Points: 
  • In the third quarter, total cost of sales was $26.4 million (Q2, 2023 - $23.7 million), an increase of 11% over Q2, 2023.
  • During Q3, 2023, sustaining capital expenditure of $9.8 million was a decrease from Q2, 2023 of $0.3 million and below plan for the quarter.
  • The Company anticipates its capital spending at Las Chispas to increase in Q4, 2023 relative to Q3, 2023 and remain within 2023 AISC guidance.
  • A conference call to discuss the Company's Q3, 2023 operational and financial results will be held Thursday November 9, 2023 at 8:00 a.m. PT / 11:00 a.m.

Osisko Announces Royalty Transaction on the Namdini Gold Project in Ghana

Retrieved on: 
Lundi, octobre 30, 2023

MONTREAL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that it has acquired a 1.0% net smelter return (“NSR”) royalty (the “Royalty”) covering the Namdini Gold Project (“Namdini”) in Ghana.

Key Points: 
  • MONTREAL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that it has acquired a 1.0% net smelter return (“NSR”) royalty (the “Royalty”) covering the Namdini Gold Project (“Namdini”) in Ghana.
  • Osisko has closed the transaction with Savannah Mining Limited (“Savannah”), acquiring a direct interest in 50% of Savannah’s 2.0% NSR royalty for total consideration of US$35 million (excluding applicable taxes and levies).
  • Namdini is a long-life, low-cost, open-pit gold project located in Ghana, one of West Africa’s most prolific gold producing countries.
  • We look forward to having the 1.0% NSR on Namdini contribute to our near-term cash flows and GEO growth profile.”
    The Namdini Gold Project is an open-pit gold project located in Ghana, approximately 50 km southeast of the town of Bolgatanga, and close to the southern border of Burkina Faso.

Barrick Set for Strong Finish to the Year

Retrieved on: 
Jeudi, octobre 12, 2023

TORONTO, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today reported preliminary Q3 sales of 1.03 million ounces of gold and 101 million pounds of copper, as well as preliminary Q3 production of 1.04 million ounces of gold and 112 million pounds of copper. Q3 production was higher than Q2, although lower than previous plans for the quarter, especially at Pueblo Viejo where equipment design deficiencies contributed to the delayed ramp up of the expansion project. We continue to expect a significant increase in fourth quarter production volume.

Key Points: 
  • Porgera has been on temporary care and maintenance since April 2020 and is not currently included in our full year 2023 guidance.
  • On February 3, 2022, the Framework Agreement was replaced by the more detailed Porgera Project Commencement Agreement (the “Commencement Agreement”).
  • Barrick will provide a full reconciliation of these non-GAAP financial measures when the Company reports its quarterly results on November 2, 2023.
  • Barrick also cautions that its 2023 guidance may be impacted by the ongoing business and social disruption caused by the spread of Covid-19.

Calibre Continues to Deliver Strong Free Cash Flow; Cash Position Increased 26% to US$97 Million From a Record Quarter, Producing 73,537 Ounces of Gold

Retrieved on: 
Mardi, octobre 10, 2023

Darren Hall, President & Chief Executive Officer of Calibre, stated: “During the quarter Calibre increased cash, after exploration and growth investments, to $97 million from gold production of 73,485 ounces, the company’s fourth consecutive record quarter.

Key Points: 
  • Darren Hall, President & Chief Executive Officer of Calibre, stated: “During the quarter Calibre increased cash, after exploration and growth investments, to $97 million from gold production of 73,485 ounces, the company’s fourth consecutive record quarter.
  • The Company is in an excellent position to deliver the high end of full year production guidance of 250,000 - 275,000 ounces while continuing to generate strong free cash flow.
  • October 15 marks the fourth anniversary of our Nicaragua operating complex acquisition which transformed the Company to a growth focused gold producer.
  • I am excited about the future.

Idris Elba Reveals Gold’s Untold Stories

Retrieved on: 
Jeudi, octobre 5, 2023

Today the World Gold Council announces the release of a new documentary: GOLD: A Journey with Idris Elba, created in partnership with Pioneer Productions .

Key Points: 
  • Today the World Gold Council announces the release of a new documentary: GOLD: A Journey with Idris Elba, created in partnership with Pioneer Productions .
  • View the full release here: https://www.businesswire.com/news/home/20231005802842/en/
    Immersed in adventure, Idris Elba (Luther, Beasts of No Nation, Hijack) explores the mysteries, stories and untold human relationship with our most precious metal: gold.
  • Gold: A Journey explores the value of gold past, present and future, while discovering its powers of transformation on individuals, communities and economies.
  • Idris Elba said: “I feel very thankful to have been able to experience what gold means to people, what gold means to history and also to tradition.

World Gold Council Members Commit to Enhanced Supply-chain Transparency

Retrieved on: 
Lundi, septembre 18, 2023

The World Gold Council today announced that its members, who represent the majority of the global large-scale gold mining industry, have committed to providing enhanced transparency in the gold supply chain.

Key Points: 
  • The World Gold Council today announced that its members, who represent the majority of the global large-scale gold mining industry, have committed to providing enhanced transparency in the gold supply chain.
  • David Tait, CEO of the World Gold Council, commented: “I am delighted that our members have committed to lead the way in transparency.
  • All World Gold Council members are committed to both these initiatives and the implementation period is currently being defined.
  • The World Gold Council encourages all responsible gold miners to make these commitments to enhanced supply chain transparency.