Now Live: Cboe Europe real-time data for all major European stocks.
opens in 2d 10h 35m
Market closed

Pre-market opens in 2 days 5 hours 5 minutes
Main market opens in 2 days 10 hours 35 minutes

22:54
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).
6.5 EUR
1.026
13.63%
Last update Mar 23, 8:33 AM CET
Market closed
Day range
6.5
7.38600
Previous close
7.52600
Open
7.38600
Access this stock data via API
Subscribe
New Gold Inc.
6.50
1.03
13.63%

Overview

Access /time_series data via our API — starting from the Basic plan and above.

Description

New Gold Inc. is a Canadian intermediate gold mining company engaged in the exploration, development, and operation of mineral properties. Its core assets include the Rainy River Mine in Ontario and the New Afton Mine in British Columbia, producing gold, silver, and copper. The company has historical operations in Mexico through the Cerro San Pedro Mine. Founded originally in 1980 and headquartered in Toronto, New Gold evolved through mergers and acquisitions to become a mid-tier producer with a diversified portfolio. It holds significant proven and probable gold reserves and is involved in developing projects such as Blackwater in British Columbia. New Gold plays a pivotal role in the materials and metals mining industry, contributing to supply chains for precious and base metals essential for various industrial and investment purposes. Its market presence spans North America, with shares traded primarily on Canadian and American exchanges, and it has financial metrics reflecting ongoing mining operations and development activities.

About

CEO
Mr. Patrick Godin Asc., B.Sc., Eng., M.Eng., P.Eng.
Employees
Address
Brookfield Place
Suite 3320 181 Bay Street
Toronto, M5J 2T3, ON
Canada
Phone
416 324 6000
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Gold
Country
Germany
MIC code
XMUN
Access /profile data via our API — starting from the Grow plan (individual) and the Venture plan (business) and above.

Latest press releases

Jul 21, 2025
Gold Rally Intensifies as Juniors Race Toward Production

NetworkNewsWire Editorial Coverage

NEW YORK, July 21, 2025 /PRNewswire/ -- Gold's remarkable surge beyond $3,300 per ounce (all figures are in U.S. dollars unless otherwise noted) in 2025 has become more than a fleeting price spike—it reflects deepening investor skepticism about the global financial system. With inflation stubbornly persistent and confidence in fiat currencies waning, gold has reasserted its place as a reliable store of value. The shift has triggered a wave of investment into Canadian gold ventures, especially those in the Abitibi Greenstone Belt — Canada's largest gold producing region. LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) (Profile) is leveraging this momentum to fast-track its transformation from explorer to producer. The company joins a growing field of forward-focused mining companies including SSR Mining Inc. (TSX: SSRM) (OTCPK: SSRGF), New Gold Inc. (TSX: NGD) (NYSE American: NGD), K2 Gold Corp. (TSX.V: KTO) (OTCQB: KTGDF) and Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF).

NetworkNewsWire Logo

 

  • Investors increasingly view gold as a critical hedge against monetary expansion, debt accumulation and geopolitical volatility.
  • With a fully refurbished, permitted mill and an advanced-stage exploration project, LaFleur Minerals is on track to become one of Quebec's newest gold producers.
  • LFLR's Swanson Gold Project spans approximately 15,290 hectares, features more than 36,000 meters of historic drilling and benefits from $5-plus million invested in exploration.
  • LaFleur's Beacon Gold Mill, a fully permitted facility that underwent ~$20 million in recent upgrades, was just valued at an estimated replacement cost of more than C$61.5 million—more than double the company's entire market capitalization.

Click here to view the custom infographic of the LaFleur Minerals editorial.

Persistent Inflation, Instability Fuel Gold's Rise

After surpassing the $3,300/oz mark, gold has transitioned from rally to revolution. Investors increasingly view the precious metal as a critical hedge against monetary expansion, debt accumulation and geopolitical volatility. Analysts at major banks, including JPMorgan, are forecasting that gold could test the $4,000 threshold by 2026. JPMorgan's gold price forecast outlines this possibility amid persistent inflation and fiscal uncertainty.

Central banks have continued to increase their gold reserves, with net buying hitting record levels in 2023 and sustaining through 2024, reinforcing global demand. The World Gold Council notes that emerging markets, particularly in Asia and the Middle East, are accumulating gold as a buffer against dollar volatility. Sovereign demand has played a significant role in tightening global supply and setting the stage for the recent price escalation.

Central banks have significantly increased their gold reserves in recent years, maintaining net purchases above 1,000 tonnes annually through 2024 and into early 2025, underscoring robust global demand. The World Gold Council reports that 95% of reserve managers expect their official gold holdings to grow over the next year, and 43% plan to add to their own bank's reserves—responses led primarily by emerging-market institutions in Asia and the Middle East. This surge in sovereign gold acquisition has tightened available supply and contributed to the recent surge in prices.

These rising prices are reshaping capital flows across Canadian ventures. TSX and TSXV-listed mining companies raised a total of $6.8 billion in equity during the first half of 2024, an increase of 62% compared to $4.2 billion in the same period in 2023. This marks the largest amount raised in at least a decade.

Canada remains one of the world's leading gold producers, with national output rising approximately 3% in 2024 to around 200 tonnes. This accounts for an estimated 6.7% of global gold production, placing the country among the top five producers worldwide. This status reflects not just mineral wealth but also Canada's political stability and mining-friendly environment. Canada's prime minister Mark Carney recently introduced legislation to streamline permitting for major resource projects, targeting project approval timelines of around two years under a "one project, one review" approach for national interest developments.

The country's legal and regulatory systems offer security for investors, while Canadian stock exchanges are major hubs for mining finance. This blend of resources, stability and financial expertise cements Canada's role in the global gold supply chain. Meanwhile, investor sentiment toward gold equities has strengthened, particularly among institutions seeking near-term exposure to production growth. Juniors capable of transitioning quickly from discovery to development stand to benefit most in this environment.

Advancing a High-Potential Gold Asset in Quebec

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) fits squarely within this new wave. With both a permitted mill and an advanced-stage exploration project, the company is on track to become one of Quebec's newest gold producers. That transition positions LaFleur as an ideal candidate to capitalize on both market dynamics and regional policy tailwinds.

LaFleur's Swanson Gold Project lies at the heart of the Abitibi Greenstone Belt, a prolific gold region responsible for more than 200 million ounces of historical gold production. According to LaFleur, the consolidated Swanson Gold Project spans approximately 15,290 hectares, three times the size of the original property acquired from Monarch Mining, and benefits from more than $5 million invested in exploration by the previous owner. This expansion and investment have not only significantly increased the project's footprint but also positioned it as a key player in the region's gold exploration efforts, opening new opportunities for development.

Historical drilling in the project area includes more than 950 drill holes, with 447 located on the Swanson Property alone. Previous drilling has revealed broad zones of gold mineralization, with widths locally reaching up to 40 meters. The area also benefits from previous underground development, including a ramp to a vertical depth of 80 meters for bulk sampling. Notably, Monarch conducted limited exploration drilling outside the main deposit, indicating significant potential for further discoveries.

The company is currently executing a 5,000-plus-meter drill program to test more than 50 prospects, including the Bartec, Marimac and high-grade Jolin targets. Recent surface sampling at Jolin yielded assays up to 11.7 g/t Au. In addition, step-out drilling is being used to test strike extensions of known mineralized zones at Swanson and explore potential open-pit scenarios, particularly around the project deposit's pit-constrained resource.

A September 2024 NI 43-101 resource report confirmed significant upside in both tonnage and grade relative to the 2021 baseline. The mineralized zone measures 475 meter x 425 meter x 500 meter and remains open in all directions. LaFleur has also received all the necessary permits for drilling including the Authorization to Intervene (ATI) and the Forestry Intervention permits. The next step is  a planned 100,000-tonne bulk sample with an average grade of 1.8 g/t Au; LaFleur will truck the mineralized material to its Beacon Mill for processing.

Transforming Legacy Mill into Regional Hub

LaFleur's Beacon Gold Mill, acquired from Monarch Mining in 2024, is a fully permitted, previously refurbished facility located only 50 kilometers from the Swanson Project. It features a nameplate capacity of 750 tonnes per day and underwent approximately C$20 million in capital upgrades before being placed on care and maintenance in early 2023. In addition, the mill boasts the ability to be scaled to 1,100 tonnes per day, and LaFleur has obtained a certificate of authorization from the Quebec government permitting the processing of 1.8 million tonnes of tailings, equivalent to approximately nine years of mineral processing at the full 750-tonne per day capacity.

LaFleur has completed a full inspection and budgeting process, identifying a C$5–6 million restart path that includes equipment upgrades and repairs to the tailings storage facility. To support this effort, the company retained Bumigeme Inc. to complete an independent valuation, which estimated the replacement CAPEX cost to build a similar gold mill today at C$49.5 million. This cost does not include the building of a new tailings storage facility (TSF) including a tailings pond, finishing basin, piping, pumping station, etc., which is estimated at an additional C$12 million, as well as mining and environmental studies and permitting costs estimated at C$10 million.

The goal is to achieve full production at the mill by early 2026 once the restart tasks and ramp-up period are complete, with plans to commence initial production launch by the end of this year. With the Beacon Gold Mill valued at more than 17x its estimated rehabilitation and recommissioning costs, LaFleur Minerals holds a unique, fully permitted processing facility within a major gold mining jurisdiction, providing a path to near-term gold production in a region flush with custom-milling opportunities and nearby gold deposits.

The facility is supported by a robust infrastructure network, including access to road, rail and hydropower. The mill's flowsheet utilizes cyanidation and Merrill-Crowe recovery, suitable for high-grade, free-milling ore. In addition to the main mill, the site includes a 486-meter shaft from historic underground operations, containment ponds and water-management systems.

Beacon's strategic location within Val-d'Or's mining cluster creates opportunities for toll milling and custom processing contracts. More than 100 historical and active mines operate within range, many of which lack in-house processing capacity. With ore stockpiles from projects such as Beaufor already staged at the site, LaFleur could see immediate throughput upon restart.

Backed by Seasoned Team, Market Momentum

Execution at LaFleur is led by CEO Paul Ténière, a geologist with more than 25 years of mining experience across exploration, feasibility and production. His background includes NI 43-101 and S-K 1300 compliance, giving the company a strong governance foundation as it ramps toward producer status. Chair Kal Malhi, who oversees LaFleur's strategic partnerships, has raised more than $300 million for early-stage companies across the mining, oil and gas, biomedical, agriculture and technology sectors. In addition, mining executive Peter Espig has joined the company as an advisor to help shape tolling and financing structures around the Beacon restart and bulk sample programs.

LaFleur is also positioning itself for institutional support, with a valuation strategy designed to reflect not only resource upside but infrastructure replacement value. The company's capital structure is tightly held with more than 30% insider ownership. LaFleur is also advancing a scoping study that will evaluate open-pit mining rates, development timelines and potential production profiles.

The market is increasingly rewarding juniors that can move quickly from exploration to production. With a permitted mill, advanced-stage resource and accelerated timeline to cash flow, LaFleur is years ahead of most early-stage explorers in the Abitibi. The combination of infrastructure, geology and timing may enable the company to generate early revenue while expanding its long-term resource base.

For investors, LaFleur represents a rare combination of fully permitted infrastructure, significant exploration upside and near-term cash flow potential. Its dual-asset model accelerates the path to production and offers leverage to rising gold prices without the buildout risk typical of greenfield projects — yet trades at a valuation more typical of early-stage exploration companies. That disconnect presents a compelling opportunity for investors ahead of a potential rerating as the mill restart advances and drilling delivers results.

Established Players Driving Sector Momentum

As demand for gold accelerates, established public companies are making strategic moves to scale innovation and meet global needs. LaFleur Minerals' progress reflects this same drive to capitalize on historic gold prices, operational readiness, and regional tailwinds.

SSR Mining Inc. (TSX: SSRM) (OTC: SSRGF) operates gold assets across four major jurisdictions, including the United States, Canada, Argentina and Türkiye. The company is leveraging its strong balance sheet and free cash flow profile to advance projects across these territories. Notably, its Seabee mine in Saskatchewan shares geological similarities with Quebec-based deposits, reinforcing SSR's commitment to high-grade gold production in premier jurisdictions.

New Gold Inc. (TSX: NGD) (NYSE American: NGD) is set to release Q2 2025 results amid renewed interest in intermediate producers. The company operates the Rainy River and New Afton mines in Canada and has prioritized operational efficiency and profitability in response to rising gold prices. These efforts underscore the growing emphasis on sustainable output at scale—an approach LaFleur is adopting through its Beacon Mill relaunch.

K2 Gold Corp. (TSX.V: KTO) (OTC: KTGDF) recently secured 100% ownership of its flagship Mojave Project in California. With past drill results as high as 86.9 meters at 4.0 g/t Au, the company has positioned itself to fast-track development. Like LaFleur, K2 is exploring underappreciated assets in historically productive regions with strong infrastructure access and expansion upside.

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) has commenced long-term production of gold and silver concentrate at its Merritt Mill in British Columbia. The company is also executing custom milling agreements with multiple partners, proving the revenue-generating potential of mill ownership—a strategy that mirrors LaFleur's approach with the Beacon facility.

Together, these firms reflect a shifting narrative in gold investment; production readiness, capital discipline and strategic infrastructure are now key differentiators. As the global economy adjusts to inflationary pressures and fiat uncertainty, LaFleur Minerals is emerging as a differentiated player capable of delivering near-term results. With a clear path to production, high-grade mineralization and a fully permitted mill, the company offers investors an early-stage opportunity aligned with the direction of the broader market.

For more information, visit LaFleur Minerals Inc.

About NetworkNewsWire

NetworkNewsWire ("NNW") is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, NNW brings its clients unparalleled recognition and brand awareness.

NNW is where breaking news, insightful content and actionable information converge.

For more information, please visit www.NetworkNewsWire.com

Please view full terms of use and disclaimers on the NNW website applicable to all content provided by NNW, wherever published or re-published: http://www.nnw.fm/Disclaimer  

NetworkNewsWire is powered by IBN

DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment.

NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.

NetworkNewsWire

New York, NY

www.NetworkNewsWire.com

212.418.1217 Office

Editor@NetworkNewsWire.com

Logo: https://mma.prnewswire.com/media/2660018/5423016/NetworkNewsWire_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/gold-rally-intensifies-as-juniors-race-toward-production-302509455.html

May 1, 2025
With Billionaire Capital Flowing into Gold, Gold Mining Stocks May Be Next in Line for Revaluation

Equity Insider News Commentary

Issued on behalf of Lake Victoria Gold Ltd.

VANCOUVER, BC, May 1, 2025 /PRNewswire/ -- Equity Insider News Commentary – For those paying attention to gold, experts have begun to weigh in on whether or not the precious metal will hit US$4,000 per ounce in 2025. Billionaire hedge fund manager John Paulson, who sees gold near $5,000 by 2028,  has signaled that he's ready to reap the rewards from gold mining stocks in this current market, with approximately $840 million invested in the sector currently. Gold miners are on the move, with several recent developments coming out from such players as Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Melkior Resources Inc. (TSXV: MKR) (OTCPK: MKRIF), Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF), New Gold Inc. (NYSE-American: NGD) (TSX: NGD), and Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM).

Equity Insider Logo

The article continued: Following unchanged US Core Personal Consumption Expenditures (PCE) data, gold held its ground above US$3,300, despite some solid selling pressure. Analysts at Morning Star Equity Research continue to tout that the current high gold prices support gold miner stocks, citing that when most miners' share prices fell in the quarter in response to tariffs, gold miners rose.

Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), an emerging East African gold developer, today announced that it's taken a major step forward at its flagship Tembo Project in Tanzania, signing a non-binding Letter of Intent with Nyati Resources to evaluate a potential small-scale gold development partnership.

"We are excited by the potential to leverage existing processing infrastructure and local ore sources to create a scalable gold production platform in Tanzania," said Marc Cernovitch, President and CEO of Lake Victoria Gold. "This proposed partnership aligns with our strategy of unlocking near-term value while continuing to advance our core exploration assets."

The proposed joint venture would combine mineralized material from LVG's 100%-owned Mining Licences with Nyati's existing 120 tonnes-per-day processing facility and a second 500tpd plant currently under construction. A new special purpose vehicle (SPV) is contemplated as the operating entity, structured to accommodate Tanzania's 16% free carried interest requirement. The agreement also includes an exclusivity period of 60 days for due diligence and final negotiations.

The LOI follows an earlier announcement that LVG was evaluating small-scale development scenarios at Tembo, including joint venture discussions with the operator of a CIP processing facility located within one of the company's four Mining Licences.

The company emphasizes that this initiative remains at an early stage and is not based on a current mineral resource estimate or Feasibility Study, and remains subject to significant technical and economic uncertainties.

"Tembo has always stood out as a project with the potential to deliver both near-term value and long-term discovery upside," said Simon Benstead, Chairman and CFO of Lake Victoria Gold. "Evaluating this small-scale development opportunity allows us to test the system, generate operational insights, and potentially self-fund ongoing exploration. We believe this approach aligns well with our disciplined strategy and our commitment to responsible, phased development in Tanzania."

Located adjacent to Barrick Gold's Bulyanhulu Mine, Tembo has seen over US$28 million in historical exploration, including 50,000 meters of drilling. High-grade targets like Ngula 1, Nyakagwe Village, and Nyakagwe East remain open along strike and at depth.

While Tembo is the long-range flagship, LVG's Imwelo Project is positioned to lead in near-term development. Acquired earlier this year, Imwelo is a fully permitted gold project west of AngloGold Ashanti's Geita Gold Mine. A 2021 pre-feasibility study and existing approvals support a potential near-term path to construction.

Financially, LVG continues to build flexibility. In late 2024, the company signed a non-binding gold prepay term sheet with Monetary Metals for up to 7,000 ounces—potentially providing over US$20 million in non-dilutive capital.

In February, LVG also completed the first tranche of a three-stage strategic investment agreement with Taifa Group, raising C$3.52 million at C$0.22 per share. Richard Reynolds, former CEO of Taifa Mining, has joined LVG's board as part of the partnership.

The company also retains exposure to exploration upside through its 2021 deal with Barrick, which includes up to US$45 million in contingent milestone payments. With early development optionality at Tembo, an advancing construction-stage project at Imwelo, and strong strategic partnerships, Lake Victoria Gold is emerging as a standout name in East Africa's junior gold sector.

With small-scale development plans underway at Tembo, near-term production potential at Imwelo, and upside exposure through its Barrick partnership, Lake Victoria Gold is steadily carving out a strong position in East Africa's emerging gold sector.

CONTINUED… Read this and more news for Lake Victoria Gold at: 

https://equity-insider.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:

Melkior Resources Inc. (TSXV: MKR) (OTCPK: MKRIF) just hit its highest-grade gold result ever at its Carscallen property near Timmins, Ontario—intersecting 77.4 grams per tonne (g/t) of gold over 6.9 meters, including a stunning 1.2 meters at 445 g/t. This new high-grade zone is located in the 1010 South Zone, a newer target area about 1 km from previous drilling success.

"These results, the highest ever at the property, not only demonstrate the continuity of the high-grade vein system along strike and down-dip with the best drill intersections attained to date, but also the potential that Carscallen holds when drilling new zones," said Jim Deluce, Director of Melkior. "The newly discovered bonanza grade mineralization at the 1010 Gold Zone, together with our high-grade gold prospects at Zamzam, Jowsey and Shenkman gold showings, truly attest to the upside potential of the area for significant mineral discoveries."

Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) recently delivered its own record-breaking drill hit in its Southwest Zone, intercepting 2.44 g/t gold equivalent over 56 meters—the best result from this zone in the company's history.

"We are very encouraged by the latest results from the Southwest Zone, which will be the first area mined when production begins," said Justin Reid, CEO of Troilus Gold. "Hole SW-25-688 returned the highest linear-grade intercept drilled to date in this zone, highlighting the continuity of wide, high-grade mineralization in the core of the deposit. Additionally, SW-25-679 encountered strong near-surface grades that could further strengthen the early years of the mine plan. As the campaign progresses, we look forward to sharing more results that continue to improve confidence of the block model, de-risk the early production years, and enhance the overall development plan for the Troilus Project."

Troilus plans to continue drilling into mid-May to define more high-grade pockets and test nearby anomalies with potential for even richer ore.

New Gold Inc. (NYSE-American: NGD) (TSX: NGD) recently posted a solid first quarter, generating $25 million in free cash flow and confirming it's on track to meet full-year production goals.

"The first four months of the year have been exceptionally positive for New Gold in achieving our strategic objectives," said Patrick Godin, President and CEO of New Gold. "We increased our future free cash flow by consolidating our interest in New Afton to 100%. We successfully refinanced and extended our senior notes and extended our credit facility. During the quarter, we also delivered two new Technical Reports outlining strong production profiles with lower costs. Collectively, these milestones are expected to create meaningful value for our shareholders and provide increased financial flexibility and optionality for New Gold moving forward.

The company completed key upgrades at both its Rainy River and New Afton mines, setting the stage for stronger production in the second half of 2025. With higher metal prices, strong copper output, and major debt refinanced, New Gold says it's better positioned for growth than it's been in years.

Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) kicked off 2025 with strong gold production, low costs, and record adjusted net income of $770 million. Free cash flow topped $594 million, boosting the company's cash reserves to over $1.1 billion and leaving just $5 million in net debt—effectively debt-free.

"We've had an excellent start to the year with another quarter of strong operating and financial results," said Ammar Al-Joundi, Agnico Eagle's President and CEO of Agnico Eagle Mines. "This performance has allowed us to further strengthen our balance sheet and has positioned us well for the remainder of the year."

Major expansion projects at Canadian Malartic, Detour Lake, and Upper Beaver are all advancing, while exploration drilling continues to return strong gold grades. The company also released its 16th annual Sustainability Report and declared a $0.40 quarterly dividend, underscoring its commitment to both growth and shareholder returns.

Article Source: https://equity-insider.com/2025/04/14/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/ 

CONTACT:

Equity Insider

info@equity-insider.com

(604) 265-2873

DISCLAIMER: 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. Equity Insider 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; 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.

Logo : https://mma.prnewswire.com/media/2644233/5297873/Equity_Insider_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/with-billionaire-capital-flowing-into-gold-gold-mining-stocks-may-be-next-in-line-for-revaluation-302444219.html

Access /press_releases data via our API — starting from the Basic plan and above.
Market closed

Exchange is currently closed (non-working day)
Main market opens in 3 days 3 hours 5 minutes

04:54
00:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).