New Gold (NGD) Q2 2025 Earnings Call July 28, 2025 08:30 AM ET Speaker0Good morning. My name is Jean Louis, and I will be your conference operator today. Welcome to the New Gold Second Quarter twenty twenty five Earnings Call and Webcast. All lines have been placed on mute to prevent any background noise. Please be advised that today's conference call and webcast is being recorded.After the speakers' remarks, there will be a question and answer session. If you would like to ask questions during this time, s ...

业绩总结 - 2025年第二季度自由现金流创纪录，达到6300万美元，其中Rainy River贡献了4500万美元[10] - 2025年第二季度黄金产量为78,595盎司，同比增长14.6%（2024年第二季度为68,598盎司）[17] - 2025年第二季度铜产量为13.5百万磅，与2024年第二季度持平[17] - 2025年第二季度每盎司黄金的运营费用为1,070美元，较2024年第二季度的1,156美元下降7.4%[17] - 2025年第二季度总收入为3.084亿美元，同比增长41.3%（2024年第二季度为2.182亿美元）[29] - 2025年第二季度净收益为6830万美元，同比增长28.5%（2024年第二季度为5310万美元）[29] 未来展望 - 预计2025年Rainy River的黄金生产将达到265,000至295,000盎司[22] - 预计2025年New Afton的铜生产将在50至60百万磅之间[19] - 预计2025至2027年累计自由现金流约为22亿美元[41] - 2025至2027年平均年自由现金流约为7.2亿美元，约合每股0.90美元[41] - 2025至2027年平均年自由现金流收益率约为20%[41] - 2025年金价假设为每盎司3,000美元，铜价为每磅4.00美元[42] 项目进展 - New Afton C-Zone的洞穴建设进度约为65%完成，预计2026年将处理约16,000吨/天[10] - Rainy River项目已完成计划58,000米钻探中的28,000米[39] - 2025年Rainy River的总开采比率预计为1.8，较2025年上半年5.97显著改善[22] 战略与计划 - 2025年战略目标包括实现生产和成本指导[43] - 增加矿产储备替代的勘探计划[45] - New Afton的C-Zone将加速开发[45] - Rainy River的地下主矿区将加速开发[45] 财务信息 - 自由现金流定义为运营产生的现金减去资本支出[57] - 经营活动产生的现金流在非现金营运资本变动前的金额提供了额外信息，但不应单独考虑或替代根据国际财务报告准则（IFRS）编制的业绩衡量标准[64] - 公司使用的非GAAP财务指标的详细信息，包括与IFRS会计标准下最直接可比指标的调节，已在2024年12月31日结束的三个月和十二个月的MD&A中披露[65]

MONTREAL, July 28, 2025 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland” or the “Corporation”) (TSX-V: MD) is pleased to announce the closing of a previously announced private placement (see press release dated July 22, 2025), for gross proceeds of $5,058,750 from the sale of 10,650,000 shares of the Corporation (each a “FT Share”) at a price of $0.475 per FT Share. Each FT Share will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (“Tax Act”). ...

Ontenu Central Exploration Update: South Pacific Metals Extends Ontenu Central Mineralization over 1km in Preparation for Drill ProgramJuly 28, 2025 7:30 AM EDT | Source: South Pacific Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - July 28, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to provide an update on the Ontenu Central Prospect that forms part of its Osena Project located adjacent to K92 Mining Ltd.'s gold-c ...

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Goldgroup Mining Inc. (TSX-V: GGA; OTCQX: GGAZF), a Canadian-based mining and metals company, has qualified to trade on the OTCQX® Best Market. Goldgroup Mining Inc. begins trading today on OTCQX under the symbol “GGAZF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otc ...

Radisson Discovers Exceptional Visible Gold in Surface Trench Thirty Metres from O'Brien Core Shack and OfficeJuly 28, 2025 6:30 AM EDT | Source: Radisson Mining ResourcesRouyn-Noranda, Quebec--(Newsfile Corp. - July 28, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to announce the discovery of a significant occurrence of coarse visible gold in a new surface trench excavated at its 100%-owned O'Brien Gold Project ("O'Brien" or the "P ...

Quarter-Over-Quarter Production Growth Drives Record Free Cash Flow Generation; On-Track to Achieve Annual Guidance(All amounts are in U.S. dollars unless otherwise indicated)TORONTO, July 28, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) today reported financial and operating results for the quarter and six-months ended June 30, 2025. Second quarter 2025 production was 78,595 ounces of gold and 13.5 million pounds of copper, at an operating expense of $1,07 ...

Infographic 1 Infographic 1 Infographic 2 Infographic 2 Infographic 3 Infographic 3 2025 drilling has more than doubled the known extent of the Bonanza Zone from 550 meters to over 1.1 km across and remains wide open with 100% of the drill holes intersecting substantial quartz-sulphide mineralization as well as 94% of drill holes containing gold visible to the naked eye (“VG”), assays pending. Drilling has been completed in 34 holes (~25,000 meters) within the first month of drilling with 81 ho ...

(All amounts expressed in Canadian dollars unless otherwise stated) TORONTO, July 28, 2025 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (“Torex”, the “Company”) (TSX:TXG) (OTCQX:TORXF) and Prime Mining Corp. (“Prime Mining”) (TSX: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) whereby Torex will acquire all of the issued and outstanding common shares of Prime Mining (the “Prime Mining Shares”) pursuant to a pla ...

公司业绩与财务表现 - 2025年6月季度黄金产量为121,237盎司，加权平均AISC为1,417美元/盎司，实现生产指引并优于成本指引[4] - 季度黄金销售量为131,242盎司，加权平均销售价格为2,977美元/盎司，现金利润为1,560美元/盎司，名义经营现金流为1.89亿美元[4] - 2025财年黄金产量为496,551盎司，AISC为1,235美元/盎司，黄金销售量为494,343盎司，平均销售价格为2,543美元/盎司，名义现金流为6.5亿美元[2][4] - 公司现金及黄金储备达8.27亿美元，流动性上市证券为1.18亿美元，零债务且未使用债务额度为3亿美元[4] 生产与成本指引 - 2026财年（FY26）黄金产量指引为40-44万盎司，AISC指引为1,460-1,620美元/盎司，低于长期平均水平[4][5] - 长期5年展望显示年均黄金产量为51.5-53.5万盎司，AISC为1,400-1,500美元/盎司[4] - Yaouré金矿2026财年产量指引为16.8-18.4万盎司，AISC为1,500-1,660美元/盎司[5] - Edikan金矿2026财年产量指引为15.4-16.9万盎司，AISC为1,420-1,570美元/盎司[5] - Sissingué金矿2026财年产量指引为7.8-8.7万盎司，AISC为1,470-1,620美元/盎司[5] 项目进展与资源更新 - Nyanzaga金矿项目（NGP）已做出最终投资决策（FID），现场工作加速推进，目标于2027年1月实现首次黄金生产[4] - NGP的加密钻探结果优异，预计2026财年第三季度升级矿产资源和矿石储量，可能延长矿山寿命[4] - Edikan、Sissingué和Yaouré的矿产资源和矿石储量已于2024年8月21日更新，技术假设未发生重大变化[11][13][14] - Nyanzaga项目的勘探结果符合JORC Code 2012和NI43-101标准，技术假设未发生重大变化[15][16] 行业成本趋势 - 全球黄金行业成本上升趋势明显，西非地区受政府特许权使用费和间接费用增加影响显著[7] - 黄金价格上涨导致东道国政府和社区要求更高分成，表现为特许权使用费、土地准入成本和社区援助基金增加[7] - 工资、货运成本上升以及矿山成熟导致的运输距离增加、尾矿库扩建等因素推高运营成本[8] - Yaouré金矿因电网维护预计在2026财年上半年增加备用发电机使用，成本显著高于电网供电[8] 公司资本运作 - 公司继续执行1亿澳元股票回购计划，已完成约73%，累计回购并注销22,995,853股[4]