AISC

Calibre Reports Robust Q2 Free Cash Flow: A Third Consecutive Record Gold Production Quarter, a 133% increase in Earnings Per Share, and 32% increase in Cash on Hand

Retrieved on: 
Thursday, August 10, 2023

Gold production in Nicaragua increased 20% in Q2 2023 vs Q2 2022 driven by higher tonnes mined and milled.

Key Points: 
  • Gold production in Nicaragua increased 20% in Q2 2023 vs Q2 2022 driven by higher tonnes mined and milled.
  • Share based compensation for Q2 2023 and YTD 2023 was $0.1 million and $1.7 million.
  • Q2 2023 saw an increase in current and deferred tax expense when compared to Q2 2022, from higher pre-tax income partially offset by a lower overall tax rate.
  • As a result of the above, net income per share in Q2 2023 was $0.07 for both basic and diluted.

ARIS MINING REPORTS Q2 2023 FINANCIAL AND OPERATING RESULTS

Retrieved on: 
Wednesday, August 9, 2023

VANCOUVER, BC, Aug. 9, 2023 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (OTCQX: TPRFF) announces financial and operating results for the three and six months ended June 30, 2023 (H1 2023).

Key Points: 
  • VANCOUVER, BC, Aug. 9, 2023 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (OTCQX: TPRFF) announces financial and operating results for the three and six months ended June 30, 2023 (H1 2023).
  • Aris Mining CEO Neil Woodyer stated: "Since the merger with GCM Mining in September 2022, Aris Mining has been making continuous progress in the integration and transformation of our Colombian operations.
  • Here, approximately 55% of our production stems from the traditional 'owner-operated' mining approach, while the remaining 45% originates from 'partner-operated' mining.
  • During H1 2023, the all-in sustaining costs from our owner-operated mining operations were $1,007 per ounce of gold1.

Pan American Silver reports second quarter 2023 results, demonstrating the transformative impact of the Yamana acquisition

Retrieved on: 
Wednesday, August 9, 2023

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today reported unaudited results for the quarter ended June 30, 2023 ("Q2 2023"), inclusive of the assets acquired through the Yamana Gold Inc. ("Yamana") transaction, which closed on March 31, 2023.

Key Points: 
  • Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today reported unaudited results for the quarter ended June 30, 2023 ("Q2 2023"), inclusive of the assets acquired through the Yamana Gold Inc. ("Yamana") transaction, which closed on March 31, 2023.
  • "Our Q2 2023 results show the significant enhancement in the scale and quality of our portfolio following the strategic acquisition of Yamana.
  • Pan American is well positioned to build on the momentum for growth and deliver returns to shareholders," added Mr. Steinmann.
  • Silver production is estimated to be between 21 million and 23 million ounces and gold production between 870 thousand to 970 thousand ounces in 2023.

SilverCrest Reports Second Quarter 2023 Results and Guidance for H2, 2023

Retrieved on: 
Wednesday, August 9, 2023

In conjunction with the Report, SilverCrest announced a $10 million exploration budget from now until the end of Q1, 2024.

Key Points: 
  • In conjunction with the Report, SilverCrest announced a $10 million exploration budget from now until the end of Q1, 2024.
  • During the quarter, processed gold grades averaged 4.84 gpt (4.06 gpt in Q1, 2023) and silver grades averaged 449 gpt (419 gpt in Q1, 2023).
  • In the second quarter, total cost of sales was $23.7 million (Q1, 2023 - $22.4 million).
  • A conference call to discuss the Company's Q2, 2023 financial results will be held tomorrow, Thursday August 10, 2023 at 8:00 a.m. PT / 11:00 a.m.

Aura Announces Q2 2023 Financial and Operational Results and Guidance Update

Retrieved on: 
Tuesday, August 8, 2023

ROAD TOWN, British Virgin Islands, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended June 30, 2023 (“Q2 2023”), which also contains the Annual Guidance Update (“2023 New Guidance”) and maintenance of the 2025 production target (“2025 Production Target”).

Key Points: 
  • ROAD TOWN, British Virgin Islands, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended June 30, 2023 (“Q2 2023”), which also contains the Annual Guidance Update (“2023 New Guidance”) and maintenance of the 2025 production target (“2025 Production Target”).
  • The full version of the Financial and Operational Results can be viewed on the Company’s website at www.auraminerals.com or on SEDAR at www.sedar.com .
  • Q2 2023 Financial and Operational Highlights:
    Total production in GEO decreased by 13% in Q2 2023 compared to Q2 2022, mainly due to mine sequencing at EPP Mines.
  • When calculated based on constant prices, production in GEO increased by 7% in Q2 2023 compared to Q2 2022.

Endeavour Silver Announces Q2 2023 Financial Results; Earnings Call at 10AM PDT (1PM EDT) Today

Retrieved on: 
Tuesday, August 8, 2023

For the three months ended June 30, 2023, revenue, increased by 62% to $50.0 million (Q2 2022: $30.8 million).

Key Points: 
  • For the three months ended June 30, 2023, revenue, increased by 62% to $50.0 million (Q2 2022: $30.8 million).
  • Gross sales of $50.9 million in Q2 2023 represented a 61% increase over the $31.7 million in Q2 2022.
  • After cost of sales of $37.5 million (Q2 2022 - $26.3 million), an increase of 43%, mine operating earnings were $12.5 million (Q2 2022 - $4.5 million).
  • A conference call to discuss the Company’s Q2 2023 financial results will be held today at 10:00 a.m. PT / 1:00 p.m.

Centerra Gold Reports Second Quarter Results and Provides Updated 2023 Guidance Including Öksüt

Retrieved on: 
Monday, July 31, 2023

TORONTO, July 31, 2023 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG and NYSE: CGAU) today reported its second quarter 2023 results.

Key Points: 
  • Mount Milligan produced 41,119 ounces of gold, a 24% increase from last quarter, and 13.8 million pounds of copper in the second quarter of 2023.
  • Process plant throughput for the second quarter of 2023 was 5.6 million tonnes and averaged 61,482 tonnes per day.
  • Gold production costs in the second quarter 2023 were $1,255 per ounce driven by higher mining costs and a decrease in gold ounces sold.
  • Centerra invites you to join its 2023 second quarter conference call on Tuesday, August 1, 2023 at 9:00am Eastern Time.

Precious Metal Stocks- Mining in Mexico and How to Stand Out from The Rest

Retrieved on: 
Thursday, July 27, 2023

The global precious and base metals market is estimated to reach over USD 2300.88 billion by 2031, exhibiting a CAGR of 12.21% during the forecast period.

Key Points: 
  • The global precious and base metals market is estimated to reach over USD 2300.88 billion by 2031, exhibiting a CAGR of 12.21% during the forecast period.
  • Mexico is the largest producer of silver in the world and a top global producer of gold, copper and zinc, amongst other minerals.
  • At this first level of processing, the mill is estimated to generate over $11 million in revenue annually.
  • So for investors looking for the gold, there is always a 'silver lining' in Mexico if they look for it.

Gold Resource Corporation Reports Mid-Year Operational Results

Retrieved on: 
Wednesday, July 26, 2023

Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its mid-year and quarterly operational results from its Don David Gold Mine (DDGM) near Oaxaca, Mexico, and a corporate update on its other activities.

Key Points: 
  • Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its mid-year and quarterly operational results from its Don David Gold Mine (DDGM) near Oaxaca, Mexico, and a corporate update on its other activities.
  • To offset these factors, we continue to identify and implement opportunities for other cost reductions and operational efficiencies.
  • Safety at Gold Resource Corporation is paramount.
  • The DDGM diamond drilling program has progressed as planned during the second quarter with encouraging results.

ALPHAMIN ANNOUNCES INTERIM FY2023 DIVIDEND/ Q2 OPERATIONAL AND FINANCIAL UPDATE

Retrieved on: 
Monday, July 24, 2023

4This is not a standardized financial measure and may not be comparable to similar financial measures of other issuers.See “Use of Non-IFRS Financial Measures” below for the composition and calculation of this financial measure.

Key Points: 
  • 4This is not a standardized financial measure and may not be comparable to similar financial measures of other issuers.See “Use of Non-IFRS Financial Measures” below for the composition and calculation of this financial measure.
  • Alphamin achieved excellent tin production of 3,151 tonnes for the quarter ended June 2023.
  • The Alphamin project team, together with the existing site team, remains focussed on operational readiness preparation.
  • The Board has declared an interim FY2023 cash dividend of CAD$0.03 per share on the common shares (approximately US$29 million in the aggregate) (the “Dividend”).