Tahoe Resources

Pan American Silver (PAAS): Initiation - Lean, mean silver machine

Retrieved on: 
Wednesday, April 13, 2022

Pan American Silver (PAAS): Initiation - Lean, mean silver machine

Key Points: 
  • Pan American Silver (PAAS): Initiation - Lean, mean silver machine
    Pan American Silver (PAAS) is one of the world largest primary silver producers, with key operations in the Americas.
  • While the well-timed acquisition of Tahoe Resources in 2019 boosted exposure to gold, given the quality and the calibre of its key silver assets, PAAS remains predominantly a silver play.
  • With ongoing expansion in renewables, which could intensify due to energy security concerns, we expect solar photovoltaics and general e-mobility to become the main areas of growth for silver.
  • Given the strength in commodity prices, a 10% increase in our silver/gold price deck would boost our valuation by c 20%.

ASTRA EXPLORATION BEGINS TRADING ON TSX VENTURE EXCHANGE AND INTRODUCES DRILL READY GOLD PORTFOLIO IN CHILE

Retrieved on: 
Monday, January 24, 2022

Astra management believes these intercepts may be the discovery holes into mineralized shoots along the vein.

Key Points: 
  • Astra management believes these intercepts may be the discovery holes into mineralized shoots along the vein.
  • Pampa Paciencia is now a 3,840 hectare property and exploration by Astra in 2021 has defined a much larger vein field on the property.
  • Company geologists believe they represent excellent potential for additional veins beneath thin cover that have never been systematically explored.
  • Previous work has produced surface rock chip samples up to 93 g/t gold and 301 g/t silver (#187423) from the project.

First Majestic Produces 5.5M Silver Eqv. Oz in Q4 2020 (3.5M Silver Oz and 26K Gold Oz); Provides 2021 Outlook and Conference Call Details

Retrieved on: 
Wednesday, January 20, 2021

*The following prices were used in the calculation of silver equivalent ounces: Silver: $24.39 per ounce; Gold: $1,874 per ounce.

Key Points: 
  • *The following prices were used in the calculation of silver equivalent ounces: Silver: $24.39 per ounce; Gold: $1,874 per ounce.
  • The mill processed a total of 208,648 tonnes with average silver and gold grades of 309 g/t and 3.10 g/t, respectively.
  • The Central Block and Sinaloa Graben areas contributed approximately 72% and 24%, respectively, of the total production during the quarter.
  • For 2021, the Company is using an 80:1 silver to gold ratio compared to a 100:1 silver to gold ratio in its revised 2020 guidance.

Calibre Exceeds High-End of 2020 Production Guidance Range; 2021 Production Guidance of between 170,000 and 180,000 ounces of Gold Represents Top-Line Growth of ~30%

Retrieved on: 
Tuesday, January 12, 2021

Calibre Mining is a Canadian-listed gold mining and exploration company with two 100%-owned operating gold mines in Nicaragua.

Key Points: 
  • Calibre Mining is a Canadian-listed gold mining and exploration company with two 100%-owned operating gold mines in Nicaragua.
  • The Company believes that investors use certain non-IFRS measures as indicators to assess gold mining companies, specifically Total Cash Costs per Ounce and All-In Sustaining Costs per Ounce.
  • In the gold mining industry, these are common performance measures but do not have any standardized meaning.
  • Total cash costs per gold ounce are net of by-product silver sales and are divided by gold ounces sold to arrive at a per ounce figure.

Pan American Silver provides release dates for 2021 guidance, 2020 preliminary production and full year 2020 audited results

Retrieved on: 
Wednesday, January 6, 2021

Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia.

Key Points: 
  • Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia.
  • We also own the Escobal mine in Guatemala that is currently not operating.
  • As the world's second largest primary silver producer with the largest silver reserve base globally, we provide enhanced exposure to silver in addition to a diversified portfolio of gold producing assets.
  • Pan American has a 27-year history of operating in Latin America, earning an industry-leading reputation for corporate social responsibility, operational excellence and prudent financial management.

GFG Resources Inc. Announces Election of Directors

Retrieved on: 
Friday, November 13, 2020

GFG Resources is a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming.

Key Points: 
  • GFG Resources is a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming.
  • In Ontario, the Company owns 100% of the Pen and Dore gold projects, two large and highly prospective gold properties west of the prolific gold district of Timmins, Ontario, Canada.
  • The Pen and the Dore gold projects have similar geological settings that host most of the gold deposits found in the Timmins Gold Camp which have produced over 70 million ounces of gold.
  • The Company also owns 100% of the Rattlesnake Hills Gold Project, a district scale gold exploration project located approximately 100 kilometres southwest of Casper, Wyoming, U.S.

New Gold Reports Third Quarter Financial Results

Retrieved on: 
Thursday, November 5, 2020

The mill processed an average gold and copper grade of 0.44 grams per tonne gold and 0.71% copper, respectively, with gold and copper recoveries of 80% and 82%, respectively.

Key Points: 
  • The mill processed an average gold and copper grade of 0.44 grams per tonne gold and 0.71% copper, respectively, with gold and copper recoveries of 80% and 82%, respectively.
  • ounces sold as a result of lower gold and copper production in the quarter.
  • ounces produced or sold in a period longer than one quarter are calculated by adding the number of gold eq.
  • ounce are non-GAAP financial measures which are calculated in accordance with a standard developed by The Gold Institute, a worldwide association of suppliers of gold and gold products that ceased operations in 2002.

 New Gold Reports Second Quarter Operational Results

Retrieved on: 
Tuesday, July 14, 2020

ounces for the quarter (15,494 ounces of gold, and 16.9 million pounds of copper), below plan primarily due to lower copper and gold grades.

Key Points: 
  • ounces for the quarter (15,494 ounces of gold, and 16.9 million pounds of copper), below plan primarily due to lower copper and gold grades.
  • The underground mine averaged 15,358 tonnes per day for the quarter, the lower production was primarily due to a planned maintenance shutdown.
  • The mill averaged 14,240 tonnes per day for the quarter, including the maintenance shutdowns as described above, at an average gold and copper grade of 0.46 grams per tonne gold and 0.72% copper, respectively, with gold and copper recoveries of 81% and 83%, respectively, in-line with plan.
  • During the quarter, the mill continued to process lower than planned copper and gold grades as the mine continued to experience lower grades mined during the quarter.

Maya Gold & Silver Reports First Quarter 2020 Financial Results

Retrieved on: 
Tuesday, June 30, 2020

In the first quarter of 2020, Maya saw significant operational challenges at its flagship Zgounder Silver Mine.

Key Points: 
  • In the first quarter of 2020, Maya saw significant operational challenges at its flagship Zgounder Silver Mine.
  • The following includes some of the financial highlights for the quarter:
    Revenue from silver sales totaled $525,062 in Q1/2020 including an adjustment of silver concentrate sales, compared with $2,067,397 in Q1/2019.
  • Net loss for the quarter was attributable to reduced gross margin and an increase in management and administration expenses.
  • About Maya Gold & Silver Inc.
    Maya Gold & Silver Inc. is a publicly traded Canadian company focused on the operation, exploration, acquisition and development of silver and gold deposits.

Pan American Silver Releases 2019 Sustainability Report

Retrieved on: 
Friday, May 8, 2020

VANCOUVER, May 8, 2020 /PRNewswire/ -Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American") is pleased to release its 2019 Sustainability Report, which includes details on Pan American's environmental, social, governance ("ESG"), and health and safety performance.

Key Points: 
  • VANCOUVER, May 8, 2020 /PRNewswire/ -Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American") is pleased to release its 2019 Sustainability Report, which includes details on Pan American's environmental, social, governance ("ESG"), and health and safety performance.
  • "The 2019 Sustainability Report is our tenth published report, and shares our vision of sustainability and our progress towards our sustainability goals and initiatives.
  • The 2019 Sustainability Report also marks Pan American Silver's 25th year of operations.
  • The 2019 Report includes four new operations, formerly part of Tahoe Resources Inc., which Pan American acquired in February 2019.