Morning Briefing: Newmont's Record Quarter and More NGEx Drill Results
Apr 24, 2025
Newmont reports a staggering $1.9 billion in net income, highlighting its robust Q1 performance. Exciting drill results emerge from NGEx and STLLR Gold, showcasing promising mineralization. The podcast also discusses the implications of AI technology in gold exploration and a positive laboratory test for lithium extraction. Additionally, Western Alaska Minerals is set to rebrand, signaling a shift in its strategic direction. Overall, the mining sector reveals dynamic trends in both gold and silver markets.
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insights INSIGHT
Gold Drops Amid Trade Easing
Gold prices fell sharply after hitting new highs due to easing US-China trade tensions.
Silver outperformed, rising 2% and closing at $33.54 an ounce.
insights INSIGHT
Polymetallic Success at Tomtebo
District Metals' drilling at Tomtebo reveals extensive polymetallic mineralization.
New targets are being tested beyond the historic mine area with promising disseminated sulfides.
insights INSIGHT
NGEx Expands High-Grade Mineralization
NGEx's drill holes confirm large-scale copper-gold mineralization with very high-grade intervals.
The porphyry system is driving mineralization, with focus on expanding high-grade targets.
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Newmont released their Q1 numbers last night and reported Net Income of $1.9 billion. New drill results from NGEx, STLLR Gold and Brunswick Exploration. Li-FT Power reported results from preliminary laboratory lithium conversion testwork. District Metals shows positive mineralization from Tomtebo. Western Alaska Minerals to change its name.
This episode of Mining Stock Daily is brought to you by...
Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.https://www.calibremining.com/
Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
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