Camino Rojo mine

Triple Flag Announces Q3 2023 Results – On Track to Achieve Guidance

Retrieved on: 
Tuesday, November 7, 2023
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Guidance and Outlook Maintained: Triple Flag remains on track to achieve its sales guidance for 2023 of 100,000 to 115,000 GEOs, notwithstanding the Renard diamond mine entering care and maintenance in the fourth quarter of 2023 as described further below.

Key Points: 
  • Guidance and Outlook Maintained: Triple Flag remains on track to achieve its sales guidance for 2023 of 100,000 to 115,000 GEOs, notwithstanding the Renard diamond mine entering care and maintenance in the fourth quarter of 2023 as described further below.
  • Northparkes (54% gold stream and 80% silver stream): Sales from Northparkes in Q3 2023 were 3,919 GEOs.
  • In October 2023, Alamos Gold reiterated that Young-Davidson is on track to meet its 2023 production guidance of 185,000 – 200,000 ounces.
  • Triple Flag has not assumed any contributions from Pumpkin Hollow to GEOs sales in the fourth quarter of 2023.

Gold's Demand as a Safe Haven Asset Could Be Positive for Its Price in the Near Term

Retrieved on: 
Tuesday, August 22, 2023
Feasibility study, EDGAR, Acquisition, Analysis, Management, News, NYSE, Automation, Sulfide, AABB, Fekola Hybrid Power Station, GOLD, FNM, Research, Lone Tree, SEDAR, TSX, Growth, Security (finance), Granite Creek, Agnico Eagle, NOT, Energy Independence and Security Act of 2007, Finance, Gold, Caliber, Bank statement, Silver, Form 10-K, Conversation, NEVER, BTG, Mining, ANY, Lone Tree, Oklahoma, Annual report, AISC, Uranium mining, Cryptocurrency, Camino Rojo mine

PALM BEACH, Fla., Aug. 22, 2023 /PRNewswire/ -- Gold prices don't typically move in line with prices of other financial assets, like stocks. That's why gold is often considered a safe haven investment asset for your portfolio. The stability of gold can serve as a hedge against inflation and mitigate the negative effects of market downturns. During and immediately prior to a recession, more people tend to buy gold because of its intrinsic value as other investment assets, like stocks and bonds, are more likely to lose value. Gold can gain in value as more investors buy it to protect their portfolios.  A report from Money.com said "that Gold's price has climbed in 2023 and was up as much as 9% for the year in April. As of the end of June, the price is up around 4% year to date, sitting near $1,920 per ounce. The rise has been attributed to rising interest rates and stock market volatility, as well as instability in the banking sector. Buying gold during an economic slowdown is an age-old trend because, unlike other investment options like stocks, the value of gold tends to rise as investors seek safe haven assets. Past performance is no guarantee of how the price of gold will perform in the future, so no one can be certain where the price will go from here. However, demand for safe haven assets may continue to be elevated for the foreseeable future. When the U.S. is politically and economically stable, the dollar strengthens, pushing the demand for precious metals like gold lower. Conversely, an unstable socioeconomic environment weakens the dollar and prompts investors to seek stability in gold and other precious metals, which pushes gold rates upward." Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Orla Mining Ltd. (NYSE: ORLA) (TSX: OLA), i-80 GOLD CORP. (NYSE: IAUX) (TSX: IAU), Alamos Gold Inc. (NYSE:AGI) (TSX:AGI), B2Gold Corp. (NYSE: BTG) (TSX: BTO).

Key Points: 
  • The lab will allow the Company to select the highest grade ore for processing to efficiently maximize plant revenues.
  • The agreement allows the Company exclusivity to purchase the 4 million ton ore stockpile at an economically feasible price point.
  • A recent evaluation report has estimated the stockpile to represent over $ 800 million in total gold and silver value.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Gold's Demand as a Safe Haven Asset Could Be Positive for Its Price in the Near Term

Retrieved on: 
Tuesday, August 22, 2023
Feasibility study, EDGAR, Acquisition, Analysis, Management, News, NYSE, Automation, Sulfide, AABB, Fekola Hybrid Power Station, GOLD, FNM, Research, Lone Tree, SEDAR, TSX, Growth, Security (finance), Granite Creek, Agnico Eagle, NOT, Energy Independence and Security Act of 2007, Finance, Gold, Caliber, Bank statement, Silver, Form 10-K, Conversation, NEVER, BTG, Mining, ANY, Lone Tree, Oklahoma, Annual report, AISC, Uranium mining, Cryptocurrency, Camino Rojo mine

PALM BEACH, Fla., Aug. 22, 2023 /PRNewswire/ -- Gold prices don't typically move in line with prices of other financial assets, like stocks. That's why gold is often considered a safe haven investment asset for your portfolio. The stability of gold can serve as a hedge against inflation and mitigate the negative effects of market downturns. During and immediately prior to a recession, more people tend to buy gold because of its intrinsic value as other investment assets, like stocks and bonds, are more likely to lose value. Gold can gain in value as more investors buy it to protect their portfolios.  A report from Money.com said "that Gold's price has climbed in 2023 and was up as much as 9% for the year in April. As of the end of June, the price is up around 4% year to date, sitting near $1,920 per ounce. The rise has been attributed to rising interest rates and stock market volatility, as well as instability in the banking sector. Buying gold during an economic slowdown is an age-old trend because, unlike other investment options like stocks, the value of gold tends to rise as investors seek safe haven assets. Past performance is no guarantee of how the price of gold will perform in the future, so no one can be certain where the price will go from here. However, demand for safe haven assets may continue to be elevated for the foreseeable future. When the U.S. is politically and economically stable, the dollar strengthens, pushing the demand for precious metals like gold lower. Conversely, an unstable socioeconomic environment weakens the dollar and prompts investors to seek stability in gold and other precious metals, which pushes gold rates upward." Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Orla Mining Ltd. (NYSE: ORLA) (TSX: OLA), i-80 GOLD CORP. (NYSE: IAUX) (TSX: IAU), Alamos Gold Inc. (NYSE:AGI) (TSX:AGI), B2Gold Corp. (NYSE: BTG) (TSX: BTO).

Key Points: 
  • The lab will allow the Company to select the highest grade ore for processing to efficiently maximize plant revenues.
  • The agreement allows the Company exclusivity to purchase the 4 million ton ore stockpile at an economically feasible price point.
  • A recent evaluation report has estimated the stockpile to represent over $ 800 million in total gold and silver value.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Orla Mining Closes Acquisition of Gold Standard Ventures

Retrieved on: 
Friday, August 12, 2022
U.S. Securities and Exchange Commission, Disclosure, Risk, Lists of disasters, Industry, Fresnillo plc, Legislation, Nationalization, Forward-looking statement, Failure, Geology, Ministry of Oil and Mineral Reserves (Syria), SEC, TSX, National instrument, Securities Exchange Act of 1934, Compliance, Silver, COVID-19, Company, Dislocation, Acquisition, Copper, Corporation, Canadian Institute of Mining, Metallurgy and Petroleum, Metallurgy, Uncertainty, Layback spin, Gold standard, News, Resource management, Gold, NI, Private Securities Litigation Reform Act, Sarbanes–Oxley Act, NYSE American, Mining, Adoption, Camino Rojo mine, South Railroad Historic District, Petroleum

Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur.

Key Points: 
  • Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur.
  • Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
  • Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated.
  • Further, inferred mineral resources have a greater amount of uncertainty and as to whether they can be mined legally or economically.

Orla Mining Expands into Nevada with Acquisition of Gold Standard Ventures

Retrieved on: 
Monday, June 13, 2022
Layback spin, Record, Mining, Nationalization, Copper, NI, Company, Sarbanes–Oxley Act, NPV, Dislocation, Legislation, Transaction, Forward-looking statement, News, Securities Exchange Act of 1934, Lists of disasters, National instrument, Failure, Silver, Private Securities Litigation Reform Act, Economics, COVID-19, Compliance, Risk, Adoption, Ministry of Oil and Mineral Reserves (Syria), IRR, SEC, Industry, Gold, Metallurgy, Resource management, Canadian Institute of Mining, Metallurgy and Petroleum, Geology, U.S. Securities and Exchange Commission, Disclosure, Uncertainty, Gold standard, Fresnillo plc, Cryptocurrency, Petroleum, South Railroad Historic District, Camino Rojo mine

Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur.

Key Points: 
  • Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur.
  • Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated.
  • 1 Average based on the eight years in which both mining and stacking of ore occur.
  • 2 Based on the assumed gold price in the Gold Standard feasibility study of US$1,650 per ounce.