Die besten Gold-/Silberminen auf der Welt
Ganz unten auch noch zu Silber
Jeder ist derzeit pessimistisch. Ich sehe, dass meine Rennpferde Coeur, Hecla und Silvercorp gut laufen.
Bei Silvercorp hat die Allianz Global Partners auch heute ein downgrade angebracht. Seeking Alpha und Zacks haben den Wert auf Kaufen.
https://seekingalpha.com/instablog/...big-move?isDirectRoadblock=true
2019-11-12 12:59 ET - News Release
Mr. Bruce McLeod reports
SABINA GOLD & SILVER ANNOUNCES INTERIM FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2019
Sabina Gold & Silver Corp. has released its interim financial results for the quarter ended Sept. 30, 2019.
"During the quarter, Sabina advanced pre-development activities for the Back River Project ("Back River" or the "Project") by completing construction of two bulk fuel tanks totaling 10.5 million litres of capacity, at our Port facility," said Bruce McLeod, President & CEO. "Year to date, we have made great progress in de-risking the Project by demonstrating the viability of our entire logistics and supply chain with the construction and operation of the Winter Ice Road from our recently built Port facility to the Goose site. We have now demonstrated the viability of transporting equipment and supplies from their source locations directly to the Goose site. This is critical as it has provided valuable first run experience prior to construction and operations. We also continue to advance the engineering, procurement, and construction ("EPC") contract for the process plant, crushing plant and truck shop. While the Company's intention had been to complete the negotiation of an EPC contract by this time, a complete re-work on the balance of the capital cost estimate to update it to a current cost estimate is also required and is ongoing. We have revisited the Project Execution Plan and made some scope changes which we believe will result in less capital risk with a more robust operating plan. These updated costs are being generated from first principles and will incorporate the change of delivery method from EPCM in the feasibility to EPC for the process plant and owner managed for the balance of the Project. The cost estimate update is expected to be announced in the fourth quarter of this year."
Q3 2019 Highlights:
$21.9-million in cash and short-term investments at September 30, 2019.
Construction of two bulk fuel tanks was completed at the Port Facility as well as the delivery and receipt of sealift to the Port transporting various equipment and supplies.
The EPC contract for the plant at the Goose site was advanced and is currently being integrated into an updated Capital Cost estimate expected during Q4, 2019.
Completion of a summer regional exploration program focusing on the advancement of geoscience initiatives on structural geology with updated geological models for Nuvuyak, Llama extension ad Umwelt Vault finalized in August.
Financial Results
For the three and nine months ended September 30, 2019, the Company reported net losses of $0.6 million or $0.00 per share and $6.7 million or $0.02 per share respectively. The year-to-date net loss includes an after-tax write-down of $4.2 million on non-core Red Lake mineral properties. Excluding the impact of the mineral property write-down, the adjusted net losses for the three and nine month ended September 30, 2019 would be $0.6 million or $0.00 per share and $2.5 million or $0.01 per share respectively.
For the full September 30, 2019 interim financial statements and Management's Discussion and Analysis, please see the Company website or SEDAR.
About Sabina Gold & Silver Corp.
Sabina Gold & Silver Corp. is well-financed and is an emerging precious metals company with district scale, advanced, high grade gold assets in one of the world's newest, politically stable mining jurisdictions: Nunavut, Canada.
Sabina released a Feasibility Study on its 100% owned Back River Gold Project which presents a project that has been designed on a fit-for purpose basis, with the potential to produce ~200,000 ounces a year for ~11 years with a rapid payback of 2.9 years (see "Technical Report for the Initial Project Feasibility Study on the Back River Gold Property, Nunavut, Canada" dated October 28, 2015).
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
2019-11-12 20:04 ET - News Release
Mr. John Lewins reports
K92 MINING INC. RELEASES 2019 Q3 FINANCIAL RESULTS
K92 Mining Inc. has released results from its financial statements for the three and nine months ended Sept. 30, 2019.
This third quarter of 2019 saw 32,094 tonnes processed, production of 19,170 oz AuEq from the Kora North deposit, with Cash Costs of US$602/gold oz, and AISC per ounce produced of US$709/gold oz. Revenue for the third quarter was US$20,989,036 with a gross margin of US$8,750,138 which excluded 4,277 ounces of gold that was held in inventory as at September 30, 2019 due to a breakdown of a crane that prevented the ounces to be transported for sale until October 2019.
For complete details, please refer to the consolidated interim financial statements and associated management's discussion and analysis, under the Company's profile on SEDAR (www.sedar.com). All amounts are in U.S. dollars unless otherwise indicated.
John Lewins, K92 Chief Executive Officer and Director, stated, "The Third Quarter saw a substantial strengthening of the financial and commercial position of the Company and the achievement of a number of major milestones.
During the quarter, the Company paid out all the outstanding gold ounces owed to Cartesian Royalty Holdings II ("CRH") and having previously paid US$3 million to extinguish the royalty held by CRH on Kora and Irumafimpa, now has no outstanding liabilities or obligations to CRH. In addition, the Company paid the sum of US$12.5 million to Barrick Gold Corporation ("Barrick") to eliminate the contingent payment of up to US$60 million payable under the original share sale agreement dated June 11, 2014, again leaving no outstanding liability or obligation to Barrick. As a result, as at September 30, 2019, the Company held just under US$18 million in cash, with the only material debt being a US$15 million secured facility with Trafigura Pte Ltd.
The Company celebrated 1,216 days with no Lost Time Injury ("LTI") at the end of the quarter, a very special and industry-leading achievement. At the same time, the progress on the Kainantu Mine Expansion Project has been very pleasing with a number of significant capital projects completed, including the incline bypass and debottlenecking, the first phase of the camp expansion and the installation of the gravity circuit in the plant which is currently being commissioned.
With production of just under 20,000 oz AuEq for the Third Quarter and just under 60,000 oz AuEq for the year-to-date and despite significant disruption associated with the expansion project, we have confirmed our conviction that we will achieve the top half of our updated AuEq production guidance, while delivering all-in sustaining costs at the bottom of or below our guidance."
MINE OPERATING ACTIVITIES
Three months ended September 30, 2019Nine months ended September 30, 2019
Operating data
Head grade (Au g/t) 19.20 19.44
Gold Recovery (%) 94.1% 93.7%
Gold ounces produced 18,636 56,741
Gold ounces equivalent produced (1) 19,170 58,610
Pounds of copper produced 209,287 735,131
Silver ounces produced 5,284 17,742
Financial data (in thousands of dollars)
Gold ounces sold 15,652 52,893
Gold ounces produced 18,636 56,741
Revenues from gold sales US$20,989 US$68,277
Mine operating expenses US$9,670 US$28,184
Depreciation and depletion US$2,569 US$5,886
Statistics (in dollars)
Average realized selling price per ounce, netUS$1,341 US$1,291
Cash cost per ounce (1) sold US$602 US$507
All-in sustaining cost per ounce (1) sold US$740 US$650
All-in sustaining cost per ounce (1) producedUS$709 US$638
Note:
(1)The Company provides some non-international financial reporting standard measures as supplementary information that management believes may be useful to investors to explain the Company's financial results. Please refer to non-IFRS financial performance measures of the Company's management's discussion and analysis dated November 12, 2019, available on SEDAR, for reconciliation of these measures.
K92 has not based its production decisions on mineral reserve estimates or feasibility studies, and historically such projects have increased uncertainty and risk of failure. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Review of financial results
Net income
The Company's net loss for the three months ended September 30, 2019, totalled US$389,139, or loss per share of US$0.002 compared with US$1,831,372 or US$0.01 per share for the three months ended September 30, 2018.
The loss was attributable to the full repayment of gold deliverable to CRH Funding II Pte Ltd during the quarter. K92 recorded its final amortization of deferred loss (see Note 10 to the financial statements) of $3,279,469 and its final fair value loss on the gold purchase agreement of $802,386.
In addition, 4,277 ounces of gold was held in inventory as at September 30, 2019 due to a breakdown of a crane that prevented the ounces being transported for sale until October 2019.
Operating Cash Flow
The Company's operating cash flow for the nine months ended September 30, 2019 totalled US$12,910,698 or US$0.06 per share compared with US$11,871,213 or US$0.07 per share for the nine months ended September 30, 2018. Operating cash flow before working capital adjustments for the nine months ended September 30, 2019 totalled US$31,652,183 or US$0.15 per share compared with US$11,352,456 or US$0.07 per share for the nine months ended September 30, 2018.
Qualified Person
K92 mine geology manager and mine exploration manager, Andrew Kohler, PGeo, a qualified person under the meaning of Canadian National Instrument 43-101 {&#A A ; } Standards of Disclosure for Mineral Projects, has reviewed and is responsible for the technical content of this news release. Data verification by Mr. Kohler includes significant time onsite reviewing drill core, face sampling, underground workings, and discussing work programs and results with geology and mining personnel.
For further information regarding the Kainantu gold mine, please refer to the technical report dated January 8, 2019, and entitled, "Independent Technical Report, Mineral Resource Estimate Update and Preliminary Economic Assessment of Kora North and Kora Gold Deposits, Kainantu Project, Papua New Guinea," available on SEDAR.
About K92
K92 Mining Inc. is engaged in the production of gold, copper and silver from the Kora and Kora North deposits of the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018 and has commenced an expansion of the mine. An updated Preliminary Economic Assessment on the property was published in January 2019. K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
2020 ist schon zum Q2 angekündigt worden. Jetzt sind wir "dicht" vor dem Jahresanfang und es sollte ein update kommen.
Hoffen wir mal das beste. ..;))
Nach dem Tief von gestern morgen hat der Preis schon ganz gut wieder Fahrt Richtung Norden aufgenommen. Sicher für die Meisten unerwartet und Jeder rechnet eher mit dem nächsten Rücksetzer. So sieht es halt auf, wenn der nächste Schub kommen soll. Die Hausse beginnt in der Angst und endet in der totalen Sorglosigkeit.
Ich habe mal wieder Kasse gemacht +3,6% ist nicht viel aber wenn Premier nochmal nach unten geht dann könnte ich weiter unten wieder eine Position aufbauen.
Hab durch Teilverkäufe noch Kurse zw. 1,369-1,377€ bekommen , hab die Geldkurse jetzt runter gejagt auf 1,31€ in Tradegate. Ich stehe hier erstmal an der Seitenlinie, glaube nicht das Premier in den nächsten Wochen zu den Highflyern gehören wird.
Und bis die Q4 Zahlen kommen ist noch genügend Zeit.
Der Kurs ist noch einigermaßen stabil, bin gespannt wie die Zahlen in US aufgenommen werden.
Die konsolidierte Produktion im dritten Quartal 2019 betrug 16.484 Unzen Gold und 37.856 Unzen Silber im Vergleich zu 20.100 Unzen Gold und 89.512 Unzen Silber im dritten Quartal 2018. Das Unternehmen meldete im Quartal einen Gesamtumsatz von 18,7 Mio. USD und einen Minenbetriebsverlust von 0,4 Mio. USD im entsprechenden Zeitraum im Jahr 2018 auf einen Umsatz von 27,3 Mio. USD und einen Minenbetriebsertrag von 2,0 Mio. USD.
Der Produktionsrückgang im Vergleich zum dritten Quartal 2018 ist hauptsächlich darauf zurückzuführen, dass bestimmte Produktionsstopps bei Mercedes schlechter als prognostiziert ausfielen. Die Leistung der Mine während des Berichtszeitraums wurde auch durch mehrere unerwartete betriebliche Herausforderungen beeinträchtigt, darunter eine Verzögerung bei der Fertigstellung der wichtigsten Lüftungsinfrastruktur, die durch schlechte Bodenbedingungen, die zu Änderungen der Stope-Sequenzierung führten, und die Entdeckung einer großen natürlichen Lücke, die Unzen aus der Mine entfernte planen. Als Reaktion auf diese Herausforderungen wurden erhebliche Anstrengungen unternommen, um geologische Interpretationen und statistische Modelle für alle Lagerstätten im Bergwerk zu überarbeiten. Darüber hinaus wurden zahlreiche Änderungen vorgenommen, um die Entwicklung eines starken Plans für das kommende Jahr zu unterstützen. Bei South Arturo liegt das Hauptaugenmerk auf dem Bau des Tagebaus der Phase 1 und der Weiterentwicklung der unterirdischen Mine El Nino, in der während des Quartals die kommerzielle Produktion deklariert wurde.
Das Unternehmen konzentriert sich weiterhin auf kurzfristige Explorations- und Vorentwicklungsinitiativen, die sein längerfristiges Ziel unterstützen, in den nächsten Jahren eine höhere Jahresproduktion zu erreichen. Im dritten Quartal 2019 fielen Explorations- und Vorentwicklungskosten in Höhe von 6,5 Mio. USD an. Berücksichtigt wurden ein Minenbetriebsverlust von 0,4 Mio. USD, allgemeine Verwaltungskosten in Höhe von 2,2 Mio. USD und ein Gewinn von 6 Mio. USD aus dem Verkauf von Lizenzgebühren Dies führte zu einem Periodenverlust von 3,9 Mio. USD. Während des Quartals fielen Investitionen in Höhe von insgesamt 12,6 Mio. USD an, darunter 8,3 Mio. USD für die Erschließung und den Bau von Minen in South Arturo sowie 3,9 Mio. USD für die Aufrechterhaltung und Erweiterung von Aktivitäten bei Mercedes, der Rest für die Entwicklung in McCoy-Cove.
Quelle:
https://www.stockwatch.com/News/...1113&symbol=PIRGF®ion=U
Ich bin meinen Akten da etwas teurer. ..;)
Naja hat halt jeder so seine Strategie. ..ist ja auch in Ordnung!
Unterm Strich ist nur der Erfolg entscheiden. ..;)
Endeavour Silver hab ich zb.nicht verkauft
Hecla war auch mal ne zeit lang nicht so beliebt. ...Ich hab da zugekauft!
Ich schau mir die zahlen von Premier Gold heute Nacht auf Arbeit mal genauer an. ...:)))
Aber es gibt noch andere schöne Bräute bzw. Minen und da ich zur Zeit voll investiert bin habe ich die Entscheidung getroffen das Geld anders zu investieren.
Wie gesagt bei Premier wird mit diesen Zahlen in den nächsten 3 Monaten nicht viel passieren, wenn ich das Geld anders investiere ist mir unter umständen eine höhere Performance vergönnt.
GOLDEN, CO - /GLOBE NEWSWIRE/ - November 13, 2019 Golden Minerals Company (Golden Minerals, Golden or the Company) (NYSE American and TSX: AUMN) has released financial results for the quarter ending September 30, 2019.
Third Quarter Summary Financial Results
Revenue of (US) $1.9 million and a net operating margin of $1.3 million related to the lease of the Companys oxide plant in Mexico to Hecla Mining Co.
Cash and cash equivalents balance of $2.9 million as of September 30, 2019 compared to $3.3 million at year-end 2018.
Exploration expenses of $0.9 million in the third quarter 2019 compared to $1.1 million in the year ago period.
El Quevar project expenses of $0.6 million in the current quarter compared to $0.4 million in the year ago period.
Net loss of $1.8 million or $0.02 per share in the third quarter 2019, compared to net income of $1.6 million or $0.02 per share in the third quarter 2018.
Financial Results
In the third quarter 2019, Golden Minerals reported (all figures approximate) revenue of $1.9 million related to its lease of Velardeñas oxide mill and costs of approximately $0.6 million related to the services Golden provides under the terms of the lease, for a net operating margin of $1.3 million. Exploration expenses were $0.9 million in the third quarter, reflecting work at Sand Canyon (Nevada), Yoquivo, Santa Maria and other properties primarily in Mexico, as well as property holding costs and allocated administrative expenses. El Quevar project expenses were $0.6 million in the third quarter and include costs associated with the 2019 drilling program as well as project evaluation and property holding costs. Velardeña care and maintenance costs were $0.4 million during the third quarter. Administrative expenses were $0.7 million in the third quarter 2019 and include costs associated with being a public company and are incurred primarily by the Companys corporate activities in support of the Companys portfolio of properties. Golden reported a net loss of $1.8 million or $0.02 per share in the third quarter 2019 compared to net income of $1.6 million or $0.02 per share in the year ago period.
On June 26, 2019, the Company announced its intent to sell certain Mexican assets to Compañía Minera Autlán S.A.B. de C.V (Autlan). In connection with the intended transaction, Golden reported the operational results of Velardeña and related subsidiaries in its second quarter 2019 financial statements as discontinued operations and assets held for sale. Due to the ultimate termination of the agreement in September, the Company is no longer reporting the Velardeña Properties and related subsidiaries as discontinued operations and assets held for sale.
Subsequent Event
On October 16, 2019, the Company entered into an agreement to sell the Companys option to earn a 100% interest in the Santa Maria and Las Marias exploration properties to Magellan Gold Corporation. The agreement provides for a period of up to 150 days for Magellan to complete due diligence and secure financing for the project. If Magellan exercises its option, it will make a cash payment of $1.0 million to Golden Minerals upon closing. Golden Minerals will retain a 6.5% NSR royalty from all production at Santa Maria until a total of $3.0 million has been paid to the Company. Thereafter, Golden will retain a 3.0% NSR royalty for the balance of the mines life. The Company had previously expensed all costs associated with the two properties and will record income from the agreement as cash is received.
Twelve Month Financial Outlook
Golden Minerals ended the third quarter 2019 with a cash balance of $2.9 million. In October 2019, the Company entered into an option to purchase agreement for the sale of its interest in the Santa Maria property and expects to receive an initial cash payment from Magellan of $1.0 million by the end of the first quarter 2020. In addition, the Company expects to receive approximately $4.8 million in net operating margin from the lease of its oxide plant through the end of the third quarter 2020. The Companys currently budgeted expenditures for the 12-month period ending September 30, 2020 are as follows:
Approximately $2.5 million on exploration activities and property holding costs related to the Companys portfolio of exploration properties located in Mexico, Nevada and Argentina, including project assessment and evaluation costs relating to Yoquivo, Sand Canyon and other properties;
Approximately $1.6 million at the Velardeña properties for care and maintenance;
Approximately $1.5 million for repayment of the deposit associated with the Autlán transaction;
Approximately $0.8 million at the El Quevar project to fund ongoing exploration and evaluation activities, care and maintenance and property holding costs;
Approximately $3.1 million on general and administrative costs; and
Approximately $0.3 million for income tax payments due in Canada.
The Companys currently budgeted expenditures are slightly greater than its resources noted above. Therefore, during the next 12 months ending September 30, 2020, the Company will take appropriate actions which may include sales of certain of the Companys exploration assets, reductions to the Companys currently budgeted level of spending, and/or raising additional equity capital through sales under the companys ATM Program, the LPC Program or otherwise.
Additional information regarding third quarter 2019 financial results may be found in the Companys 10-Q Quarterly Report which is available on the Golden Minerals website at www.goldenminerals.com.
About Golden Minerals
Golden Minerals is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on advancing its Velardeña Properties in Mexico and its El Quevar silver property in Argentina, as well as acquiring and advancing mining properties in Mexico and Nevada.
To read the complete release with the financial results, please see the following link:
https://www.goldenminerals.com/news/...rts-third-quarter-2019-results
Also ich hatte diese Aktie das erste Mal 2006 gekauft, vor 13 Jahren! Damals als purer Explorer.
Habe mehrmals seit dem Positionen verkauft und Gewinne zwischen 80% und 300% realisiert. Hier habe ich noch niemals mit Verlust verkauft ;-)
Die aktuellen Positionen stehen bei mir leicht im Plus in den Büchern. Ich bin relativ zuversichtlich, dass sie vielleicht wirklich einmal zum Junior-Produzenten aufsteigen, oder wenn nicht, dass sie übernommen werden.
Auf Quartalszahlen achte ich da nicht so besonders. Die schwanken bei einem Developer natürlich relativ stark. Man sieht auch wie lange es dauert, bis ein Projekt in der Exploration in die Produktion kommt...
Dieses Unternehmen ist zumindest in dem Bärenmarkt seit 2011 nicht pleite gegangen, wie einige andere Explorer oder sogar Junior-Produzenten mit hohen Schulden. Das lässt schon ein wenig Qualität erwarten.
Zum anderen habe ich mir spaßeshalber mal die Entwicklung des Goldpreises im 1. Halbjahr 2016 und von Juni bis heute angeschaut; sieht zumindest ähnlich aus. Demgegenüber war der Anstieg der meisten Miner damals wesentlich explosiver und ohne längere Seitwärtsphasen. Was lehrt uns dies? Meines Erachtens waren die Minenwerte damals weitaus "ausgebombter" als im Mai diesen Jahres. Bei den besseren Werten haben wir seit Mai bestenfalls ein Verdopplung (leider ohne mich), während in 2016 Spitzenwerte (z.B. Yamana) durchaus eine Vervierfachung erlebten. Um wieder in diese Größenordnung zu gelangen, müsste Gold wahrscheinlich nochmals um 200 Dollar zulegen.