Heliostar Announces Closing of Acquisition of Producing Mines and Development Projects in Mexico

Heliostar CEO, Charles Funk commented, “Through the acquisition of this portfolio, Heliostar has unhedged gold production from multiple assets and strong pipeline for production growth. The combination of production, production growth, resource expansion and the removal of the US$20 million in milestone payments from Ana Paula establishes Heliostar as a dynamic growth company in 2025 and beyond.”

Sandstorm Gold Royalties Announces 2024 Third Quarter Results

Based on the Company’s existing streams and royalties and the year-to-date outperformance of gold prices relative to other commodities, attributable gold equivalent ounces for 2024 are forecasted to be between 70,000 and 75,000 ounces.

Americas Gold and Silver Reports Q3-2024 Results; Paul Huet Appointed CEO

“The quarter was challenging with multiple lost operating days due to severe weather at the Cosalá Operations and the decision to focus on development priorities to access high-grade silver ore early next year at the Galena Complex. The lack of operational flexibility with only one shaft available for ore and waste impacted production during the quarter. However, I am thoroughly excited for the future of the Company,” stated Americas President and CEO Darren Blasutti.

Sierra Metals Reports Third Quarter 2024 Consolidated Financial Results

Mr. Balarezo continued, “The improved operating performance has already started to show lower costs, and during this period of rising metal prices, we are generating higher operating cash flows and improving our financial position. We continue to deliver on our plan to create value for all our stakeholders.”

Coeur Reports Third Quarter 2024 Results

“Our strong third quarter operational and financial results signal the beginning of what we expect to be a new chapter of consistent free cash flow for Coeur,” said Mitchell J. Krebs, Chairman, President and Chief Executive Officer.

Masivo Silver Commences Drilling Hole Number 7 In Nevada

Due to common observed presence of visible gold in the mineralized samples from the Boston Mine, Masivo is conducting metallic screen assays on samples for hole No.2 and No.3 that returned significant gold values. This is a common analytical practice where coarse gold can create a “nugget” effect that can both under and over estimate sample assay results.

Equinox Gold Reports Third Quarter 2024 Financial and Operating Results

Greg Smith, President and CEO of Equinox Gold, commented: “This was a record quarter for Equinox Gold, with our best-ever third-quarter production and all-time highest quarterly revenue and adjusted EBITDA, reflecting the ongoing ramp-up at our Greenstone Mine and strong gold prices.”

Hecla Reports Third Quarter 2024 Results

“Hecla produced 3.6 million ounces of silver in the third quarter, bringing year-to-date production to 12.3 million ounces. Lucky Friday had a strong quarter as the mill achieved the second-highest throughput in its 80-year history after a record last quarter,” said Cassie Boggs, Interim President and CEO.

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