US Market News
2月前
Why Smart Money is Securing Pivotal Gold Reserves NowApril 16, 2026 9:30 AM
PR Newswire (Canada)
Issued on behalf of Lake Victoria Gold Ltd.USANewsGroup.com News CommentaryVANCOUVER, BC, April 16, 2026 /CNW/ -- Central banks are quietly draining physical gold supplies, scooping up a net 27 tonnes in February 2026 alone[1]. This is a pivotal move that mirrors the aggressive buying pace established last year. But the real issue driving market fundamentals is a looming supply wall. Global mine output managed just a 1% gain recently, and industry watchdogs warn that existing reserves are drying up faster than new deposits are found[2]. This undeniable supply crunch is redirecting institutional capital toward highly scalable, undervalued operators and reserve replacement players like Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF), Newmont (NYSE: NEM), Franco-Nevada (NYSE: FNV) (TSX: FNV), Alamos Gold (NYSE: AGI) (TSX: AGI), and B2Gold (NYSE-A: BTG) (TSX: BTO).
This tightening market environment is generating robust growth potential across the board. Major analysts now project 2026 targets between $4,700 and $5,200 per ounce, while Goldman Sachs recently pushed its year-end forecast to an impressive $5,400 due to massive ETF inflows and wealthy buyers stepping in[3]. Because of this, the race to secure proven reserves is heating up rapidly. According to S&P Global, overall gold deal value just hit a 15-year peak as producers aggressively hunt for permitted development assets with scalable production timelines[4].Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) recently secured a binding term sheet for a gold loan facility worth up to US$25 million from Monetary Metals, backed by up to 6,000 ounces of gold. The company also locked in a fully committed $3.0 million convertible debenture financing led by a long-term significant shareholder. Together, these deals give Lake Victoria Gold both near-term working capital and a funded path toward production at its Imwelo Gold Project in Tanzania.The gold loan is non-dilutive and production-linked. Repayment comes in gold ounces, not cash, so the facility scales naturally with output. The convertible debenture carries a 5.0% annual interest rate, converts at $0.31 per share, and includes half-warrants exercisable at $0.40. For a company at this stage, the structure is designed to move development forward without flooding the market with new shares."This financing allows us to immediately accelerate work programs on the ground at Imwelo and advance key initiatives across both Imwelo and Tembo without delay," said Marc Cernovitch, CEO of Lake Victoria Gold. "With capital now in place, our focus is on execution, progressing engineering, advancing site activities, and moving Imwelo toward development. At the same time, the Monetary Metals facility provides a clear pathway to larger-scale project financing, supporting our objective of bringing Imwelo into production."The financing builds on strong momentum across the company's Tanzanian portfolio. Lake Victoria Gold recently announced that Tanzania's government has formally begun incorporating its statutory 16% free carried interest in the Tembo mining licences, a required regulatory step that signals the project is advancing through the country's established framework. The company is also finalizing a binding agreement with Nyati Resources, a well-established Tanzanian mining operator, to begin toll milling at Tembo. That deal would allow Lake Victoria Gold to process material through an existing facility, opening a path to early cash flow without heavy upfront capital spending.At Imwelo, the project confirmed gold recovery rates of up to approximately 97% using conventional methods. A completed drill program at Area C returned grades including 11.88 g/t gold over 1.33 metres, and geotechnical studies supported consolidation into a single open pit design. The Tembo Project separately returned surface grades up to 35.45 g/t gold from artisanal sampling.Lake Victoria Gold holds a 100% interest in both projects, counts Barrick Gold among its strategic investors, and has a management, director, and strategic partners group that collectively owns more than 60% of outstanding shares.NOTE: For a Cautionary Note on Production Decision, please see the Disclaimer below.Read this and more news for Lake Victoria Gold at: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/In other industry developments and happenings in the market include:Newmont (NYSE: NEM) reported 2025 mineral reserves of 118.2 million attributable gold ounces, maintaining its position as the holder of the largest gold reserve base in the industry, with the year-over-year decline from 134.1 million ounces driven primarily by the divestment of five non-core assets. The company's reserve grade held steady at 0.94 grams per tonne after adjusting for divested assets, and reserves were calculated using a conservative $2,000 per ounce gold price assumption, more than 20% below the three-year trailing average."In 2025, Newmont maintained its position of having the industry's largest gold reserve base, declaring 118 million ounces of reserves, representing decades of production life with meaningful upside," said Natascha Viljoen, President and CEO of Newmont. "Through the disciplined application of technical rigor in our leading exploration program, we remain focused on extending mine life, discovering new opportunities, and unlocking value across our world-class portfolio of operations and projects."Beyond gold, Newmont holds 12.5 million attributable tonnes of copper reserves and 442 million ounces of silver reserves, with ten or more years of reserve life at eight managed sites. The company has budgeted $240 million in total exploration spending for 2026, with 80% directed toward near-mine expansion and brownfields programs.Franco-Nevada (NYSE: FNV) (TSX: FNV) delivered record 2025 results, posting $1.82 billion in annual revenue, up 64% year-over-year, alongside $1.49 billion in operating cash flow and net income of $1.11 billion, both full-year records driven by higher precious metal prices and growing production across its royalty and streaming portfolio."The record increase in our annual cash flow allowed us to announce a 16% dividend increase in January this year," said Paul Brink, CEO of Franco-Nevada. "With the industry's largest portfolio of gold royalties, no debt and $3.1 billion in available capital we are uniquely positioned to continue to create shareholder value."Franco-Nevada enters 2026 with 2026 GEO guidance of 510,000 to 570,000 ounces, supported by a first full year of contributions from Côté Gold, Porcupine, and Valentine Gold, plus recently closed acquisitions including a gold stream on Casa Berardi and a new NSR with i-80 Gold. A potential restart of Cobre Panama, where stockpile processing could yield approximately 23,100 gold ounces and 265,000 silver ounces to the company, represents meaningful upside not yet reflected in guidance.Alamos Gold (NYSE: AGI) (TSX: AGI) has filed an NI 43-101 technical report for the Island Gold District Expansion Study in Ontario, Canada, supporting the expansion disclosure previously announced in February 2026.The technical report was prepared in accordance with National Instrument 43-101 Standards for Disclosure for Mineral Projects and is available on Alamos Gold's website and under its SEDAR+ and EDGAR profiles. The Island Gold District, located in northern Ontario, is among Canada's highest-grade underground gold operations and a cornerstone of Alamos Gold's long-term growth strategy. The expansion study advances the company's plans to significantly increase throughput and extend mine life at the district.Alamos Gold is a Canadian-based intermediate gold producer operating three North American mines: the Island Gold District, the Young-Davidson mine in Ontario, and the Mulatos District in Sonora, Mexico, with more than 2,400 employees and a development pipeline that includes the Lynn Lake project in Manitoba.B2Gold (NYSE-A: BTG) (TSX: BTO) reported positive results from its 2025 Back River Gold District exploration program in Nunavut, Canada, with infill drilling at the Llama deposit returning highlights of 41.95 g/t gold over 13.70 m and 17.95 g/t gold over 38.20 m. The program, backed by a $32 million budget, completed 28,599 m across 140 diamond drill holes, confirming continuity of high-grade mineralization sufficient to upgrade portions of Llama's Inferred resources to Indicated, where the existing Indicated estimate stands at 760,000 ounces grading 7.72 g/t gold.Drilling at the Nuvuyak deposit extended high-grade gold mineralization approximately 150 m to the north-northwest at depth, demonstrating potential to further extend mine life beyond the current Goose Mine life-of-mine plan. The Nuvuyak Inferred resource totals 700,000 ounces grading 8.26 g/t gold.Looking ahead, B2Gold has committed $46 million to the 2026 Back River Gold District exploration program, allocating $24 million to the Goose Mine and a significantly increased $22 million to regional exploration across the George, Boot, Boulder, Del, and Needle projects.FURTHER READING: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/CONTACT:
USA NEWS GROUP
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca media Corp, who has been paid a fee for an advertising from a shareholder of the Company (333,333 unrestricted shares). MIQ has not been paid a fee for Lake Victoria Gold Ltd. advertising or digital media, but the owner/operators of MIQ also co-owns Baystreet.ca Media Corp. ("BAY") There may also be 3rd parties who may have shares of Lake Victoria Gold Ltd. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY own shares of Lake Victoria Gold Ltd and reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company. Cautionary Note on Production Decision: The Company has not completed a feasibility study on the Tembo Project that establishes mineral reserves demonstrating economic and technical viability. Any decision to advance the Project toward production, including through potential toll milling or other third-party processing arrangements, is not based on a feasibility study of mineral reserves and therefore involves increased uncertainty and a higher risk of economic and technical failure.There is no certainty that any production decision will be made or that production will occur as anticipated. Risks include, without limitation, variations in grade and recovery, metallurgical performance, availability and terms of processing arrangements with third parties, capital and operating cost estimates, funding availability, and operational, regulatory, permitting, and other risks.This is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:https://www.gold.org/goldhub/gold-focus/2026/04/central-bank-gold-statistics-central-banks-stay-course-gold-february https://www.gold.org/goldhub/gold-focus/2026/03/you-asked-we-answered-are-we-running-out-gold https://capital.com/en-int/market-updates/gold-price-forecast-03-03-2026 https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/03/mining-m-and-a-in-2025-copper-gold-remain-center-stage Logo: https://mma.prnewswire.com/media/2838876/5656770/USA_News_Group_Logo.jpg
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Original: Why Smart Money is Securing Pivotal Gold Reserves Now
US Market News
2月前
Construction-Stage Producers Race to Capture the Supply Gap as Gold Prices Approach $4,700April 10, 2026 7:04 PM
PR Newswire (Canada)
Construction-Stage Gold Producers Offer the Cleanest Leverage to ~$4,700 Gold: LVG, AGI, SKE, LGDTF, RVLGFIssued on behalf of Lake Victoria Gold Ltd.USANewsGroup.com News CommentaryVANCOUVER, BC, April 10, 2026 /CNW/ -- Gold is trading near $4,700 per ounce and the smart money stopped arguing about whether the rally is real sometime last year. [1] Goldman Sachs and Bank of America have both quietly revised their year-end targets to $6,000 per ounce, and the VanEck Junior Gold Miners ETF (NYSE: GDXJ) has now returned more than 200% over the trailing twelve months as the operating leverage of a ~$4,700 gold price finally gets applied to compressed junior valuations. [2] But the real squeeze is on the supply side. Mine output is stalling, high-grade discoveries are getting harder to find, and the companies that matter most in this cycle are not the explorers, not the majors — they are the builders. The narrow cohort of juniors with fully permitted, fully funded, construction-stage projects are the cleanest leverage to every incremental dollar gold prints. Companies positioned squarely in that lane include Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF), Alamos Gold Inc. (NYSE: AGI), Skeena Gold & Silver (NYSE: SKE), Liberty Gold Corp. (OTCQX: LGDTF), and Revival Gold Inc. (OTCQX: RVLGF).
The World Gold Council has been blunt about the structural problem: even at current price levels, the industry is not replacing reserves fast enough, and capital is rotating toward quality rather than quantity. [3] Central bank purchases have not slowed. NATO allies, emerging-market sovereigns, and Western institutional funds have all continued accumulating physical metal in a way that historically precedes sustained mining equity re-ratings. The M&A window has reopened in earnest — in January 2026 alone, more than $11 billion of mining transactions closed, with over three-quarters of that capital flowing into gold and silver assets. [4] For investors, the implication is simple: at ~$4,700 gold, the highest-value real estate in the sector is a fully permitted project with a financing package in place and a calendar that shows "first pour" measured in months, not years.Key TakeawaysGold is trading near $4,700 per ounce, with Goldman Sachs and Bank of America both targeting $6,000 by year-end 2026.The VanEck Junior Gold Miners ETF (GDXJ) has returned over 200% in the trailing twelve months as operating leverage kicks in for mid-tier and junior producers.Construction-stage juniors — fully permitted, fully financed — are the cleanest structural leverage play in the sector right now.Lake Victoria Gold (TSXV: LVG / OTCQB: LVGLF) is advancing the permitted Imwelo Gold Project in Tanzania's Lake Victoria Goldfields, a region that has produced tens of millions of ounces for majors including Barrick and AngloGold Ashanti.Comparable construction-stage and permitting-stage names with recent April 2026 news include Alamos Gold (AGI), Skeena Gold & Silver (SKE), Liberty Gold (LGDTF), and Revival Gold (RVLGF).Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) — A Shovel-Ready Gold Mine in One of Africa's Most Established Gold JurisdictionsLake Victoria Gold sits squarely in the most sought-after segment of the gold equity curve: fully permitted, construction-stage assets with a clear path to production.The Company is advancing the Imwelo Gold Project in Tanzania's Lake Victoria Goldfields — a region that has produced tens of millions of ounces of gold from operations run by some of the world's largest producers, including Barrick and AngloGold Ashanti. Imwelo is fully permitted, the financing package to complete construction is in place, and the Company's focus in 2026 is converting months of engineering, procurement, and site work into an operating gold mine.What separates Imwelo from the typical pre-production story is that Lake Victoria Gold is not asking the market to underwrite speculative resource growth at ~$4,700 gold. The technical case for the project was built at $1,800 gold levels, meaning every incremental dollar above the prior base case drops directly through to project economics.Beyond Imwelo, Lake Victoria Gold retains exposure to significant upside through the Tembo Project, located immediately adjacent to Barrick Gold's Bulyanhulu operation. This provides investors with a dual-track story: near-term production potential at Imwelo, combined with district-scale exploration optionality in one of Africa's most prospective gold belts. The Company is advancing a potential processing arrangement with Nyati Resources, which could provide a pathway to near-term production and cash flow from Tembo with limited upfront capital, further enhancing its ability to self-fund exploration and development. In addition, Lake Victoria Gold retains a meaningful economic interest in licences previously sold to Barrick, including the right to receive contingent payments tied to future gold discoveries of up to $45 million, providing ongoing exposure to exploration success without additional capital investment and a layer of potential non-dilutive upside not typically reflected in junior developer valuations.For investors who want leverage to ~$4,700 gold without exploration risk and without the valuation compression of a major, Lake Victoria Gold offers the rarest profile on the board: an African gold mine being built — right now — in a jurisdiction where the neighbors are the biggest names in the industry.CONTINUED… Read this and more news for Lake Victoria Gold at: https://usanewsgroup.com/2025/04/14/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/In other industry developments and happenings in the market include:Alamos Gold Inc. (NYSE: AGI) — An Intermediate Producer Showing Stock-Specific Strength Into Q1 ResultsOn April 2, Alamos Gold formally announced the timing of its first-quarter 2026 financial results and conference call, scheduled for April 29–30.[5] The intermediate producer operates the Island Gold District and Young-Davidson mine in northern Ontario as well as the Mulatos District in Sonora, Mexico, and is advancing the Lynn Lake project in Manitoba. The day-of market reaction underscored Alamos's relative positioning: AGI traded up approximately 2.7% on the announcement while a basket of metals peers in the same momentum set traded lower by 5% to 6%, an indication of stock-specific strength in a sector that has seen sharp internal rotation.[6] The Company continues to trade well above its 200-day moving average, and the upcoming AGM on May 28, 2026 will anchor investor focus as the quarterly results print.Skeena Gold & Silver (NYSE: SKE) — A $750 Million Senior Notes Pricing Clears the Runway to Eskay Creek ProductionAlso on April 2, Skeena Gold & Silver priced a US$750 million senior secured notes offering due 2031, refinancing former project financing and funding a partial buy-back of the Eskay Creek gold stream.[7] The offering is expected to close April 10, 2026 and represents one of the larger financing milestones any Canadian gold developer has executed in this cycle. Eskay Creek — located in British Columbia's Golden Triangle and fully permitted following the receipt of both the B.C. Mines Act Permit and the Environmental Management Act Permit earlier in 2026 — is now 49% complete against a construction budget of US$659 million, with initial production remaining on schedule for Q2 2027. For investors watching the construction-stage cohort, Skeena is the template: fully permitted, fully financed, and now capital-structure-optimized into commissioning.Liberty Gold Corp. (OTCQX: LGDTF) — U.S. Forest Service NOI Clears a Critical Regulatory MilestoneOn April 3, Liberty Gold Corp. announced that the United States Forest Service had published a Notice of Intent in the Federal Register to prepare an Environmental Impact Statement for the Company's Black Pine Oxide Gold Project in southeastern Idaho.[8] The publication formally initiates the federal permitting process and is a prerequisite step on the path to a Record of Decision. Black Pine is one of the more advanced open-pit, heap-leach oxide projects in the U.S. pipeline, and for a market that has been rewarding projects capable of converting permits into ounces, the NOI is exactly the kind of regulatory milestone that separates shovel-ready juniors from perpetual explorers.Revival Gold Inc. (OTCQX: RVLGF) — Mercur Gold Project Consolidation Paves the Way for RedevelopmentOn April 2, Revival Gold closed its acquisition of Mercur Mines LLC, the owner of certain mineral and surface interests in the Mercur Gold Project in Utah.[9] The transaction consolidates the historical Mercur district — a past-producing gold camp — into a single operator and clears the way for Revival Gold to advance a redevelopment plan that leverages existing infrastructure and historical data. Alongside the Company's Beartrack-Arnett project in Idaho, Revival now holds two advanced gold projects in premier U.S. jurisdictions, precisely the kind of optionality the market is bidding up into the ~$4,700 gold environment.SOURCE: https://usanewsgroup.com/2025/04/14/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/CONTACT: USA NEWS GROUP contact @therooster-2873Frequently Asked QuestionsWhy are construction-stage gold producers outperforming explorers in 2026?At ~$4,700 gold, every dollar above the prior technical case drops directly through to project economics — and the shortest path to revenue is a permitted, financed project that already has its construction calendar in motion. Exploration-stage projects face longer timelines, more dilution, and uncertain capex, while construction-stage juniors offer quantifiable leverage into a price environment no prior feasibility study anticipated.Where is Lake Victoria Gold's Imwelo Gold Project located?Imwelo is located in Tanzania's Lake Victoria Goldfields, a region that has produced tens of millions of ounces of gold from operations run by majors including Barrick and AngloGold Ashanti. The project is fully permitted and advancing toward production.What is Lake Victoria Gold's relationship to Barrick's Bulyanhulu mine?Beyond Imwelo, Lake Victoria Gold holds an interest in the Tembo Project, which is located immediately adjacent to Barrick's Bulyanhulu operation — giving investors an additional layer of discovery-stage exposure attached to a construction-stage anchor.Who is the Qualified Person for the Imwelo Gold Project?David Scott, Pr. Sci. Nat., SACNASP, a Director of Lake Victoria Gold, serves as the Qualified Person. He is not considered independent.Has Lake Victoria Gold completed an NI 43-101 feasibility study on Imwelo?No. The Company's production decision on Imwelo was made without the benefit of a completed feasibility study prepared to NI 43-101 standards — a structure common among junior producers operating on historical resource data and updated mine planning. The Company has disclosed the associated risks.DISCLAIMERNothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Lake Victoria Gold Ltd. advertising and digital media from the company directly. There may be 3rd parties who may have shares of Lake Victoria Gold Ltd., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Lake Victoria Gold Ltd. which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Cautionary Note Regarding the Production Decision at ImweloLake Victoria Gold's decision to place the Imwelo Project into production was not based on a feasibility study of mineral reserves demonstrating economic and technical viability prepared in accordance with NI 43-101. As such, there is increased uncertainty and specific economic and technical risks of failure associated with a production decision and the commencement of mining activities at the Imwelo Project. These risks include, among others, areas that are analyzed in more detail in a feasibility study, such as applying economic analysis to resources and reserves, more detailed metallurgy and a number of specialized studies in areas such as mining and recovery methods, market analysis, and environmental and community impacts.SOURCES[1] FinancialContent, "The GDXJ Revolution: Junior Gold Miners Defy Gravity with 203% Surge as Gold Pierces $5,000" — https://markets.financialcontent.com/stocks/article/marketminute-2026-3-16-the-gdxj-revolution-junior-gold-miners-defy-gravity-with-203-surge-as-gold-pierces-5000[2] NerdWallet, "7 Best-Performing Gold Stocks For Hedging Against Volatility (April 2026)" — https://www.nerdwallet.com/investing/learn/best-gold-stocks[3] Canadian Mining Report, "The Gold Trend That May Surprise Investors in 2026" — https://www.canadianminingreport.com/blog/the-gold-trend-that-may-surprise-investors-in-2026[4] Discovery Alert, "Contemporary Mining Industry Consolidation 2026" — https://discoveryalert.com.au/contemporary-mining-industry-consolidation-2026/[5] Alamos Gold Inc., "Alamos Gold Provides Notice of First Quarter 2026 Results and Conference Call, and Annual General Meeting of Shareholders" (April 2, 2026) — https://www.alamosgold.com/news-and-events/news/news-details/2026/Alamos-Gold-Provides-Notice-of-First-Quarter-2026-Results-and-Conference-Call-and-Annual-General-Meeting-of-Shareholders/default.aspx [6] Stock Titan, AGI relative-strength commentary (April 2, 2026) — https://www.stocktitan.net/news/AGI/alamos-gold-provides-notice-of-first-quarter-2026-results-and-4og5fg6a1e3w.html[7] Skeena Resources Limited, "Skeena Gold & Silver Announces Pricing of US$750 Million Senior Secured Notes Offering" (April 2, 2026) — https://www.theglobeandmail.com/investing/markets/stocks/SKE-T/pressreleases/1110531/skeena-gold-silver-announces-pricing-of-us750-million-senior-secured-notes-offering-to-refinance-former-project-financing-and-to-fund-partial-buyback-of-existing-gold-stream/[8] Liberty Gold Corp. (April 3, 2026) — https://www.juniorminingnetwork.com/junior-miner-news.html[9] Revival Gold Inc., "Revival Gold Consolidates Mercur Gold Project Paving The Way For Redevelopment" (April 2, 2026) — https://revival-gold.com/revival-gold-consolidates-mercur-gold-project-by-exercising-option-to-acquire-100-of-barricks-interest/Logo: https://mma.prnewswire.com/media/2838876/5902462/USA_News_Group_Logo.jpg
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Original: Construction-Stage Producers Race to Capture the Supply Gap as Gold Prices Approach $4,700
CA Market News
3月前
CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026March 20, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 20, 2026) - CEO.CA, the leading investor social network in junior resource and venture stocks, shares comprehensive video coverage from the recent PDAC convention in Toronto, ON, Canada.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.As a media partner at investor events around the world, CEO.CA provides coverage of the companies shaping the future of mining, meeting with industry leaders to learn more about their vision and strategy.Get to Know the Leaders Transforming the Future of MiningTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9758/289303_5b6cdcdb7476ea55_001full.jpgTo view the PDAC Conference Interviews, please visit: https://www.youtube.com/watch?v=T0cAdXZUP10&list=PLsD-m-bMQxKbst4Udrum54ymBRMrb-TK7 Battery MetalsPeloton Minerals (CSE: PMC) (OTCQB: PMCCF)St George Mining (ASX: SGQ)Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5)Copper:Algo Grande Copper (TSXV: ALGR) (OTC Pink: KNDYF) (FSE: KM00)Barksdale Resources (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ)C3 Metals (TSXV: CCCM)Element 29 Resources (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU)Gunnison Copper (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0)Midnight Sun (TSXV: MMA) (OTCQX: MDNGF)Mogotes Metals (TSXV: MOG) (OTCQB: MOGMF) (FSE: OY4)Sendero Resources (TSXV: SEND)Critical MetalsAntimony Resources (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0)Nine Mile Metals (CSE: NINE) (OTC PINK: VMSXF) (FSE: KQ9)Scandium Canada (TSXV: SCD)ValOre Metals (TSXV: VO) (OTCQB: KVLQF) (FSE: KEQ0)West High Yield Resources (TSXV: WHY) (FSE: W0H)Gold:Alamos Gold (TSX: AGI) (NYSE: AGI)Amex Exploration (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF)Bold Ventures (TSXV: BOL)Delta Resources (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6GO1)Dryden Gold (TSXV: DRY) (OTCQB: DRYGF) (FSE: X7W)Eminent Gold (TSXV: EMNT) (OTCQB: EMGDF) (FSE: 7AB)Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH)Falco Resources (TSXV: FPC)Golden Cariboo Resources (CSE:GCC) (OTCQB: GCCFF) (WKN: A402CQ) (FSE: 3TZ)McFarlane Lake Mining (CSE: MLM) (OTCQB: MLMLF)Mineros SA (TSX: MSA) (OTCQX: MNSAF) (BVC: MINEROS)Newcore Gold (TSXV: NCAU) (OTCQX: NCAUF)Northstar Gold (CSE: NSG)Ridgeline Minerals (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0)Rua Gold (TSX: RUA) (NZ: RGI) (OTCQX: NZAUF)Talisker Resources (TSX: TSK) (OTCQX: TSKFF)Thesis Gold & Silver (TSXV: TAU) (OTCQX: THSGF) (FSE: A422AH)TomaGold (TSXV: LOT) (OTC Pink: TOGOF)Polymetallic:Aurania Resources (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q)Spartan Metals (TSXV: W) (OTCQB: SPRMF) (FSE: J03)Royalty Streaming:Ecora Resources (LSE: ECOR) (TSX: ECOR) (OTCQX: ECRAF)Electric Royalties (TSXV: ELEC) (OTCQB: ELECF)Silver:GR Silver Mining (TSXV: GRSL) (OTCQX: GRSLF) (FSE: GPE)Honey Badger Silver (TSXV: TUF) (OTCQB: HBEIF)Pinnacle Silver and Gold (TSXV: PINN) (OTCID: PSGCF) (FSE: P9J)Silver Hammer Mining (CSE: HAMR)Silvercorp Metals (TSX: SVM) (NYSE American: SVM)Uranium:Nexus Uranium (CSE: NEXU) (OTCQB: NEXUF) (FSE: JA7)Other:Karen Rees, PDAC PresidentRick Rule, Founder and CEO of Rule Investment MediaAbout CEO.CAThe leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.For further information, please contact:CEO.CA
Email: hello@ceo.ca
Website: CEO.CANeither the TSX Venture Exchange ("TSXV"), OTC Best Market ("OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.Cautionary StatementThe information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR+ or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289303
Original: CEO.CA Insights: Exclusive Interviews from Mining Leaders at PDAC 2026
Oleblue
2年前
Alamos Gold Reports First Quarter 2024 Results
Mr. John McCluskey reports:
All amounts are in United States dollars, unless otherwise stated.
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended March 31, 2024.
“We delivered another strong start to the year across a number of fronts, following a record performance in 2023. Costs were in line with guidance for the quarter and production exceeded guidance led by record production from La Yaqui Grande. With the solid first quarter, we are on track to achieve our full year production and cost guidance. We also continued to demonstrate our long-term track record of value creation through exploration and M&A. Our Mineral Reserves increased for the fifth consecutive year, and we expect to unlock significant value through our acquisition of the Magino mine and its integration with Island Gold. We expect the combination to create one of Canada’s largest and lowest cost gold mines, drive significant synergies, and solidify our unique positioning as a Canadian focused intermediate gold producer, with growing production and declining costs,” said John A. McCluskey, President and Chief Executive Officer.
First Quarter 2024 Operational and Financial Highlights
Produced 135,700 ounces of gold, exceeding quarterly guidance and representing a 6% increase from the first quarter of 2023. This was driven by another strong performance from the Mulatos District, including record quarterly production from La Yaqui Grande
Sold 132,849 ounces of gold at an average realized price of $2,069 per ounce, generating record quarterly revenue of $277.6 million, a 10% increase from the first quarter of 2023
Total cash costs1 were $910 per ounce, all-in sustaining costs ("AISC"1) were $1,265 per ounce, and cost of sales were $1,307 per ounce. As previously guided, costs were above full year guidance in the first quarter, with AISC also impacted by an increase in share-based compensation reflecting the Company's higher share price in the quarter. Costs are expected to decrease through the remainder of the year to be consistent with full year guidance
Strong ongoing free cash flow1 generation of $24.4 million, while funding the Phase 3+ Expansion at Island Gold, and net of $45.3 million of cash tax payments in Mexico
Cash flow from operating activities of $108.9 million (including $134.9 million, or $0.34 per share before changes in working capital1)
Realized adjusted net earnings1 for the first quarter of $51.2 million, or $0.13 per share1. Adjusted net earnings includes adjustments for net unrealized foreign exchange losses recorded within deferred taxes and foreign exchange of $4.5 million, and other adjustments, net of taxes totaling $4.6 million.
Reported net earnings were $42.1 million, or $0.11 per share
Cash and cash equivalents increased 7% from the end of 2023 to $240.2 million, with no debt and $16.3 million in equity securities
Paid dividends of $9.8 million, or $0.025 per share for the quarter
Reported year-end 2023 Mineral Reserves of 10.7 million ounces of gold, a 2% increase from 2022, with grades also increasing 1%. This marked the fifth consecutive year Mineral Reserves have grown for a combined increase of 10% with grades also increasing 9% over that time frame. Additionally, Measured and Indicated Mineral Resources increased 12% to 4.4 million ounces, with grades increasing 9%, and Inferred Mineral Resources increased 3% to 7.3 million ounces, at 1% higher grades
Announced a definitive agreement to acquire Argonaut Gold Inc. ("Argonaut") and its Magino mine, located adjacent to the Company's Island Gold mine in Ontario, Canada. The integration of the two operations is expected to create one of the largest and lowest cost gold mines in Canada and unlock significant value with pre-tax synergies expected to total $515 million2 through the use of shared infrastructure
On April 4, 2024, announced the closing of the previously announced non-brokered private placement for common shares of Argonaut, representing approximately 13.8% of Argonaut's outstanding common shares for CAD $50 million
Completed the acquisition of Orford Mining Corporation ("Orford") on April 3, 2024, through which the Company consolidated its existing ownership of Orford shares and added the highly prospective Qiqavik Gold Project, located in Quebec, Canada
(1) Refer to the “Non-GAAP Measures and Additional GAAP Measures” disclosure at the end of this press release and associated MD&A for a description and calculation of these measures.
(2) Synergies are pre-tax and undiscounted. On a discounted basis, this represents an after-tax net present value of $250 million
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1192-tsx/agi/159623-alamos-gold-reports-first-quarter-2024-results.html?utm_source=newsletter_1862&utm_medium=email&utm_campaign=junior-mining-brief-for-date-l-b-j-y
NYBob
3年前
Silver Tops $25, Gold Above $2040 | LIVESTREAM w/ Michael Oliver
Liberty and Finance
94.9K subscribers
https://www.youtube.com/watch?v=tB8Xc0uaAXY
Alamos Gold (TSX:AGI) - High-Margin Growth Strategy Built for Shareholders
Crux Investor
87.6K subscribers
https://www.youtube.com/watch?v=ISuookS3mPc
4,797 views Nov 23, 2023
Interview with John A. McCluskey, President & CEO of Alamos Gold Inc.
Recording date: 21st November 2023
Driving Returns Through Operational Excellence and Focused Growth
Alamos Gold is a growth story and represents a unique investment opportunity within the gold mining space, combining steady free cash flow generation with extensive visible production growth. Since its founding in 2003, the company has created significant value for shareholders by converting high-margin assets into expanding low-cost gold output.
Led by mining veterans, management has systematically built a portfolio of Tier 1 operating mines during periods of market dislocation. These high-grade cornerstone assets in mining-friendly North American jurisdictions provide sector-leading cost performance. Supported by peer-low All-In Sustaining Costs (AISC) of around $1,000 per ounce, the company generates substantial cash flows throughout metal price cycles.
Unlike most mid-tier peers focused nearer-term on mine site exploration or marginal acquisitions, Alamos’ growth trajectory centers around fully-funded low-risk expansions. These construction projects add scale while lowering costs through operational leverage. The largest endeavor currently underway involves expanding Island Gold underground operations, which promises to increase output over 115% by 2026 once complete. Supporting further growth, existing infrastructure provides processing flexibility, extensive tailings capacity, and lower capital intensity for future development.
Beyond current mines, the company also controls what it believes is the best undeveloped gold deposit in Canada at Lynn Lake. Taken together, management targets boosting total production capacity 60% over coming years from 500,000 ounces currently to 800,000 ounces in 2028. Such growth promises significant cash flow expansion as gold prices rise.
Alamos Gold appears primed for future rerating as the market recognizes both high-quality assets and sector-leading growth. Exposure to rising gold prices with less risk forms a compelling opportunity for precious metals investors.
—
$GOLD PRICES HIT ALL TIME HIGH IN AUSTRALIA, JAPAN, CHINA, TAIWAN | CNBC TV18
WATCH
https://www.bitchute.com/video/ePabMYIGyaoh/
$GOLD HUGE! This Is the BIGGEST $Gold News in 50 Years, It's Time to Go All-In - Andy Schectman
Finance Log
15.8K subscribers
https://www.youtube.com/watch?v=FufotnaO3kQ
$GOLD BULL CATALYST: Situation Is Dire As Worries Mount Over United States
Worries are increasing regarding the United States and this is definitely going to be a positive catalyst
for the gold bull market.
$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs
$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
God Bless
Amen
NYBob
4年前
Alamos Gold Enters into Automatic Share Purchase Plan and Announces Share Repurchases Under Normal Course Issuer Bid
T.AGI | 4 days ago
TORONTO, May 19, 2022 (GLOBE NEWSWIRE) --
Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has entered into an automatic share purchase plan (“ASPP”) with a broker in order to facilitate repurchases of Alamos’ Class A common shares (“Common Shares”) under its previously announced normal course issuer bid (“NCIB”). Since December 24, 2021, Alamos has purchased 1.0 million shares in total pursuant to the NCIB at an average price of US$7.415 at a cost of $7.4 million, with all the purchases occurring in May 2022.
During the effective period of the ASPP, Alamos’ broker may purchase Common Shares at times when Alamos would not be active in the market due to insider trading rules and its own internal trading blackout periods. Purchases will be made by Alamos’ broker based upon parameters set by Alamos when it is not in possession of any material non-public information about itself and its securities, and in accordance with the terms of the ASPP. Outside of the effective period of the ASPP, Common Shares may continue to be purchased in accordance with Alamos’ discretion, subject to applicable law. The ASPP has been entered into in accordance with the requirements of applicable Canadian securities laws.
Alamos previously announced that it had received approval from the Toronto Stock Exchange ("TSX") to, during the 12-month period commencing December 24, 2021 and terminating December 23, 2022, purchase up to 29,994,398 Common Shares, representing approximately 10% of the Company’s public float of the Common Shares as of December 15, 2021, being 299,943,980 Common Shares (as of December 15, 2021, there were 391,962,704 Common Shares issued and outstanding), by way of a NCIB on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law.
About Alamos
Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Scott K. Parsons
Vice President, Investor Relations
(416) 368-9932 x 5439
All amounts are in United States dollars, unless otherwise stated.
The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note
This news release includes certain statements that constitute forward-looking information within the meaning of applicable securities laws ("Forward-looking Statements"). All statements in this news release, including statements regarding potential future purchases by Alamos of its Common Shares pursuant to the NCIB including ASPP, other than statements of historical fact, which address events, results, outcomes or developments that Alamos expects to occur are Forward-looking Statements. Forward-looking Statements are generally, but not always, identified by the use of forward-looking terminology such as "expects", is “expected", "anticipates", "plans" or “is planned”, “trends”, "estimates", "intends" or “potential” or variations of such words and phrases and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved or the negative connotation of such terms.
Alamos cautions readers not to place undue reliance on the forward-looking statements in the information and content on this news release as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, outlooks, expectations, goals, estimates or intentions expressed in the Forward-looking Statements. These factors include, but are not limited to: changes in the financial markets, changes in applicable laws and governmental regulations, fluctuations the price of gold, fluctuations in relative currency values, risks related to obtaining and maintaining necessary permits and the unpredictability of and fluctuation in the trading price of the Company’s common shares.
Additional risk factors and details with respect to risk factors affecting the Company are set out in the Company’s latest Annual Information Form and MD&A, each under the heading “Risk Factors”, available on the SEDAR website at www.sedar.com or on EDGAR at www.sec.gov. The foregoing should be reviewed in conjunction with the information found in this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether written or oral, or whether as a result of new information, future events or otherwise, except as required by applicable law.
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
NYBob
5年前
blackccat thanks; It will be a lot of $money for Alamos when
it works out and all we need to do its to pray for the
positive Alamos side )
imo!
https://www.alamosgold.com/news-and-events/default.aspx
APRIL 20, 2021
Alamos Gold Announces US$1 Billion Investment Treaty Claim Against the Republic of Turkey
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TORONTO, April 20, 2021 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or, including its direct and indirect subsidiaries, the “Company”) regrets to announce that its Netherlands wholly-owned subsidiaries Alamos Gold Holdings Coöperatief U.A, and Alamos Gold Holdings B.V. (the “Subsidiaries”) will file an investment treaty claim against the Republic of Turkey for expropriation and unfair and inequitable treatment, among other things, with respect to their Turkish gold mining project. The claim will be filed under the Netherlands-Turkey Bilateral Investment Treaty (the “Treaty”), and is expected to exceed $1 billion, representing the value of the Company’s Turkish assets.
Alamos has had an active presence in Turkey since 2010. Over that time frame, the Company’s Turkish operations have met all legal and regulatory requirements, complied with best practices relating to sustainable development including meeting the highest environmental and social management standards, created hundreds of jobs, and developed trusting relationships with the local communities. Alamos and the Subsidiaries have invested over $250 million in Turkey, unlocked over a billion dollars worth of project value, and contributed over $20 million in royalties, taxes and forestry fees to the Turkish government. Over the life of the project, government revenues alone are expected to total $551 million. Additionally, Alamos and the Subsidiaries have invested $25 million to date towards various community and social initiatives.
In October 2019, well into construction of the Kirazli Gold Mine (“Kirazli”), the government failed to grant a routine renewal of the Company’s mining licenses, despite the Company having met all legal and regulatory requirements for their renewal. This past October, the Turkish government refused the renewal of the Company’s Forestry Permit. The Company had been granted approval of all permits required to construct Kirazli including the Environmental Impact Assessment approval, Forestry Permit, and GSM (Business Opening and Operation) permit, and certain key permits for the nearby Agi Dagi and Çamyurt Gold Mines. These permits were granted by the Turkish government after the project earned the support of the local communities and passed an extensive multi-year environmental review and community consultation process.
In its effort to secure the renewal of its mining licenses, the Company has attempted to work cooperatively with the Turkish government, has raised with the Turkish government its obligations under the Treaty, has sought to resolve the dispute by good faith negotiations, and has made considerable effort to build support among stakeholders and host communities. The Turkish government has failed to provide the Company with a reason for the non-renewal or a timeline for renewal of its licenses.
The failure to renew the Company’s mining licenses will result in the loss of over a half a billion dollars in future economic benefits to the Republic of Turkey, including tax and other revenues, and thousands of jobs within Turkey. In addition to the lost job opportunities, this will also have a lasting impact on the local population through the disruption of ongoing investments into community projects.
“Alamos began investing in Turkey in 2010, warmly welcomed by the Turkish government through its foreign investment office. After 10 years of effort and over $250 million invested by the Company we have been shut down for over 18 months in a manner without precedent in Turkey, despite having received all the permits required to build and operate a mine. The Company has worked in Turkey to the highest standard of conduct with respect to social and environmental best practices. Despite this effort, the Turkish government has given us no indication that relief is in sight, nor will they engage with us in an effort to renew the outstanding licenses. We are hopeful that the arbitration process will bring about the engagement that we have sought from the Turkish state, and lead to an equitable resolution to this impasse,” said John A. McCluskey, President and Chief Executive Officer of Alamos Gold.
Alamos and the Subsidiaries are being represented by the leading Canadian law firm Torys LLP, with a team that includes John Terry and former Canadian Supreme Court Justice, the Hon. Frank Iacobucci. The Company is also being supported by its strategic advisor John Baird, former Canadian Minister of Foreign Affairs and Senior Advisor to Bennett Jones LLP.
Bilateral investment treaties are agreements between countries to assist with the protection of investments. The Treaty establishes legal protections for investment between Turkey and the Netherlands. The Subsidiaries directly own and control the Company’s Turkish assets. The Subsidiaries invoking their rights pursuant to the Treaty does not mean that they relinquish their rights to the Turkish project, or otherwise cease the Turkish operations. The Company will continue to work towards a constructive resolution with the Republic of Turkey. If required, Alamos and the Subsidiaries are confident in the Subsidiaries’ ability to recover and enforce any favourable judgement pursuant to this Treaty, which will be rendered by three independent international arbitrators. Although timelines with respect to bilateral investment treaty arbitration can vary depending on procedural steps and delay tactics employed by nation states, it is estimated to have finality within five years. A portion of the cost of such an arbitral process is expected to be recovered as part of the arbitration process.
The failure by the Republic of Turkey to renew the mining licenses in the 18 months since their expiry, the failure of discussions with the Republic of Turkey to date to resolve the situation, and the resulting current decision to proceed with a bilateral investment treaty claim is an impairment trigger for accounting purposes. As a result, Alamos and the Subsidiaries expect to incur an after-tax impairment charge of approximately $215 million, which will be recorded in the second quarter financial statements. The non-cash charge reflects Alamos’ and the Subsidiaries’ entire net carrying value of the Turkish assets.
About Alamos
Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.
Investor Contact
Scott K. Parsons
Vice President, Investor Relations
(416) 368-9932 x 5439
ir@alamosgold.com
Media Contact
Rebecca Thompson
Vice President, Public Affairs
(416) 368-9932 x 5448
media@alamosgold.com
All amounts are in United States dollars, unless otherwise stated.
The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements
This News Release contains statements about expected or anticipated future events, financial results and litigation outcomes that are forward-looking in nature and, as a result, are subject to certain risk and uncertainties such as the inherently uncertain nature of potential and ongoing litigation proceedings including outcomes and costs, general economic, political, market and business conditions, regulatory processes and actions, new legislation, government actions or inactions, technical issues, potential delays or changes in plans, the occurrence of unexpected events and the Company’s capability to execute and implement its future plans.
The Republic of Turkey has recently experienced significant political, social, legal and regulatory instability. The impact of the change in political climate in Turkey in recent years is not fully known, but may include heightened control of the judiciary, bureaucracy, media and the private business sector. While the Company is taking the actions described in this News Release to mitigate the effects of the actions of the Turkish government in respect of the Company’s assets and gold mining projects in the Republic of Turkey, there can be no assurance that such mitigating actions will be effective or successful. If unsuccessful, the Company’s assets and gold mining projects in Turkey may be subject to resource nationalism and further expropriation; the Company may lose the full value of its assets and gold mining projects in Turkey and its ability to operate in Turkey. Even if successful, there is no certainty as to the quantum of any damages award, recovery of all, or any, legal costs. Any resumption of activities in Turkey, including renewal of the requisite operating licenses or permits, or even retaining control of its assets and gold mining projects in Turkey can only result from agreement with the Turkish government. The litigation described in this News Release may have an impact on foreign direct investment in the Republic of Turkey which may result in changes to the Turkish economy, including but not limited to high rates of inflation and fluctuation of the Turkish Lira which may also affect the Company’s relationship with the Turkish government, the Company’s ability to effectively operate in Turkey, and which may have a negative effect on overall anticipated project values.
Additional risk factors affecting Alamos and the Company’s ability to achieve expectations set forth in the forward-looking statements contained in this News Release and in general are set out in the Company’s latest 40F/Annual Information Form and Management’s Discussion and Analysis, each under the heading “Risk Factors” available on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Primary Logo
Source: Alamos Gold Inc.
$Alamos Gold Makes US$1.0 Billion Claim Against Turkey, Takes
Alamos Gold this morning announced that it is making a US$1.0 billion
investment treat claim against the Republic of Turkey in relation to
unnecessary delays at one of its projects.
In connection with the claim, the company is also being forced
to take a significant impairment charge within its
second quarter results.
https://thedeepdive.ca/alamos-gold-makes-us1-0-billion-claim-against-turkey-takes-215-million-impairment-charge/
http://www.alamosgold.com
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
blackcat
5年前
May consider adding a little more with this news.
Alamos Gold Acquires Trillium Mining Consolidating Large Land Package Adjacent to Island Gold Mine
December 17 2020 - 05:00PM
GlobeNewswire Inc.
Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that it has completed an agreement to acquire Trillium Mining Corp. (“Trillium”) for cash consideration of C$25 million. Trillium holds a large land package comprised of 5,418 hectares (“ha”) directly adjacent to, and along strike from the Island Gold Deposit within the Michipicoten Greenstone Belt.
The acquisition has significantly expanded the Company’s land package around the Island Gold mine to 14,929 ha, a 57% increase (see Figures 1 and 2). This newly acquired land includes significant exploration potential in proximity to existing high-grade Mineral Resources and regionally.
Near Island Gold mine exploration potential
Based on the current geological interpretation of the E1E structure which hosts the Island Gold Deposit, there is strong potential for the structure to extend onto the Trillium mineral tenure. This is further supported by recent drilling, including the best surface exploration hole to date, MH25-04 grading 28.97 grams per tonne of gold (“g/t Au”) (26.89 g/t cut) over 21.76 metres (“m”) true width, and MH25-03 grading 15.38 g/t Au (14.19 g/t cut) over 15.02 m (both previously reported).
These intercepts extended high-grade gold mineralization over significantly greater widths up to 100 m down-plunge from the nearest Inferred Mineral Resource block in Island East. The deposit remains open laterally and down-plunge (Figure 2).
Regional exploration potential
The Trillium land package also provides significant regional exploration potential, adding 10 kilometres of strike extent within the Goudreau Lake Deformation Zone (GLDZ), a primary control on gold mineralization within the Goudreau-Lochalsh segment of the Michipicoten Greenstone Belt. Alamos’ consolidated land package now covers a total of 17 kilometres of highly prospective structures and stratigraphy within the GLDZ. In addition to the Island Gold and Kremzar Deposits, this now includes two past producing gold mines (Cline and Edwards), as well as several historic high-grade gold showings, including the Markes and Vega Zones (Figure 1).
The larger consolidated land package will allow for Alamos to apply a systematic, district scale approach to exploration with targeting based on greenstone belt scale structural and stratigraphic controls on gold mineralization.
Included within the Trillium land package is the Highland Property which is in the final year of a five year option agreement. Following the exercise of the option, expected on February 26, 2021, Alamos will own 100% of the Highland Property.
“The acquisition of Trillium is consistent with our strategy of consolidating prospective land in proximity to our Island Gold mine where we have had tremendous exploration success over the last several years. Island Gold’s Mineral Reserve and Resource base has more than doubled since 2017. We see excellent potential for this growth to continue given ongoing exploration success. The acquisition of these claims ensure we maintain full ownership over future growth of the existing deposit and regionally where there have been a number of high-grade gold occurrences including two past producing mines,” said John A. McCluskey, President and Chief Executive Officer.
Qualified Persons
Chris Bostwick, FAusIMM, Alamos Gold’s Vice President, Technical Services, has reviewed and approved the scientific and technical information contained in this news release. Chris Bostwick is a Qualified Person within the meaning of Canadian Securities Administrator’s National Instrument 43-101 (“NI 43-101”).
NYBob
5年前
blackcat thanks; Gold Wave Forecast – Is Gold Going To $3750 Or Higher?
December 5, 2020 Chris Vermeulen Technical Analyst, Trader, & Founder of Technical Traders Ltd
28
Watching Gold fall to recent lows over the past few weeks has been heartbreaking for Goldbugs. We know the real value of Precious Metals has continued to be under-appreciated over the past 24+ months – even though gold has rallied from $1165 to over $2085 (an incredible 79%). The recent 15% decline in gold has shaken some investors away from the longer-term opportunities, so we wanted to share our research and highlight some simple Elliot Wave structures with you.
My research team and I believe the recent downward price trend in gold is an ideal setup for an Intermediate Wave 4 pullback of a broader Wave 3 advance. In other words, we believe gold is in the midst of a broad advance cycle that may eventually push price levels to $5000 and above. But, we’ll focus on right now and what we believe is setting up from a Technical Analysis perspective.
The first thing to remember about Elliot Wave Analysis is that we must consider the broad market trends, the intermediate market trends, and the short term wave formations. With almost all types of Technical Analysis, we focus on different time perspectives of price trends and setups to help us better determine opportunities and outcomes.
Simple Elliot Wave StructureS Explained
For those of you unfamiliar with Elliot Wave theory and structure, please pay attention to the example chart below.
Generally, price advances or declines move in three basic shapes:
(1) A straight rally or decline with no visible price corrections within it
(2) An ABC wave formation – which consists of an Impulse wave, a moderate correction, then a final conclusion wave that reaches a new price high or low.
(3) An ABCDE wave formation – which consists of an ABC wave formation followed by an additional moderate correction wave, then another final conclusion wave that reaches a new price high or low.
In the first example, above in black, you can see a very simple detail of the overall (ideal) five total waves that make up every major Elliot Wave structure. In theory, every price advance or decline attempts to follow this structure, BUT, of course there are variances in this structure that often take place.
This is where the second example of a wave, the more detailed wave structure in blue and red, shows how Wave 1 was completed with an ABCDE wave structure and Wave 2 was completed with an ABC wave structure. As you continue to explore how these waves set up and interlink with one another, you can start to imagine how many variations there are within each wave structure. Every segment in each of these examples is considered a Wave Leg, thus every one of these could continue to generate multiple smaller wave structures as we dig deeper into the data.
Elliot Wave Analysis – quarterly gold chart
In this first Quarterly gold chart, below, we are focusing on the broader long-term trends in Gold. This chart spans nearly 30 years of gold price activity and the purpose of starting with this chart is to highlight the Elliot Wave setup showing the Wave 1, Wave 2, and new Wave 3 formations. Our research team believes the end of the DOT COM Equities appreciation cycle (near 2000) prompted a gold appreciation cycle that lasted until 2009~10. The Excess Phase (Blow Off Top) that took place between 2010 and 2013 represented the “unwinding” of the enthusiasm for gold at that time. Then, Gold entered a depreciation phase that lasted from 2009 to 2018~19. That is when we believe a new gold Appreciation phase begun and is still currently a driving force in the continued rally in Precious Metals.
If our research is correct, we are in the midst of a longer-term Wave 3 upside price trend that has recently completed an Intermediate Term Wave 4 downside correction. This suggests that we are now setting up for an Intermediate Term Wave 5 rally that may be equal to the previous Wave 3 rally (roughly $920). If this takes place, gold will likely end the next rally phase near $2700 – where it will enter a new corrective price wave formation – completing the initial Intermediate-term Wave 1 leg.
Confirmation of this setup would come when a solid price bottom sets up above $1725 in gold and when we see price levels rally above $1975 – establishing a recent new price high. As technical traders, we understand that Elliot Wave and Fibonacci Price theories inter-twine with one another. Elliot Wave theory is a process of attempting to mathematically illustrate Fibonacci Price theory at work – creating patterns in price. We believe there are underlying energy frequencies in each wave that prompt current and future price rotations and targets. We are still researching and learning about much of this technique as we further develop our Fibonacci Price Amplitude Arc theory and others.
ELLIOT WAVE ANALYSIS – WEEKLY GOLD CHART
The following Weekly gold chart highlights where we believe a bottom in price must setup to efficiently confirm the Wave 4 correction structure and begin to prompt a new Wave 5 advance to $2700 or higher. Any future breakdown in Gold price levels on this chart below $1715.50 would potentially negate the Wave 4 structure and set up a potentially deeper price correction phase (possibly the end of the longer-term Wave 3 setting up for a deeper corrective wave). As long as gold prices bottom and begin to rally anywhere above the $1715.50 level, we believe the Wave 4 corrective wave is validated – prompting the start of a new Wave 5 advance.
Be sure to sign up for our free market trend analysis and signals now so you don’t miss our next special report!
Given the foregoing, it is important that we watch that $1715.50 level as gold prices continue to hammer out a potential bottom and this broad Elliot Wave pattern continues to unfold. If our research is accurate, then we will see a big upside price trend begin somewhere near December 7, 2020. Our Fibonacci Price Amplitude Arcs (visible on this Weekly chart) show where we believe energy frequencies align (see the starting point of the GREEN ARROW). These alignment areas in price energy typically result in potentially strong price impulse moves.
Any bottom forming near the MAGENTA drawn levels, before the GREEN & BLUE energy frequencies would align with our thinking that gold has retraced nearly 50% of the recent trend (from the March 2020 COVID lows to the recent highs) and therefore may be setting up for a Wave 5 advance targeting $2700 or higher.
As exciting as this may seem, please remember this is a very long-term forecast for gold. This is not something that will happen in a few days or weeks – this trend will likely take place over weeks, months, and years. Still, if you consider the implications to the global market and potential trends, then you will begin to understand that a rally in gold to levels above $2500 suggests that certain pressures and uncertainties will continue to unfold over the next 24+ months in the US and global markets. Gold rallies when fear and uncertainty are present in the markets.
In closing, it may be a very good Christmas rally in gold to close out the end of 2020. There will be lots of great trading opportunities in gold over the next few years as the price of gold works through the different waves discussed above. If you want to stay on top of the price action in gold, silver, and equities then sign up to The Technical Trader newsletter and trade alerts today.
Chris Vermeulen
Chief Market Strategist
Alamos Gold Inc. – Consensus Indicates Potential .8% Upside
Charlotte Edwards
December 8, 2020
8:56 pm
Alamos Gold Inc. with ticker code (AGI) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 10.63 and 6.5 calculating the average target price we see 8.82. Given that the stocks previous close was at 8.75 this now indicates there is a potential upside of .8%. The day 50 moving average is 8.8 and the 200 moving average now moves to 9.26. The company has a market cap of $3,613m. Company Website: http://www.alamosgold.com
Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company’s flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada. It also holds interests in a portfolio of development stage projects in Turkey, Canada, Mexico, and the United States. The company was formerly known as AuRico Gold Inc. and changed its name to Alamos Gold Inc. in July 2015. The company was incorporated in 2003 and is headquartered in Toronto, Canada.
Good news travels fast (but only if you make that happen):
https://www.directorstalkinterviews.com/alamos-gold-inc.---consensus-indicates-potential-.8-upside/412945909
Gold & Silver bulls starting to break out > ^ > ^ > ^
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Ps.
opinion appreciated
TIA