Mining Stock Daily

Morning Briefing: Pan American Silver to Acquire MAG Silver

May 12, 2025
The podcast dives into the exciting $2.1 billion acquisition of MAG Silver by Pan American Silver, highlighting its implications for the silver market. Drill results from various companies like Omai Gold Mines and GFG Resources are discussed, giving insight into ongoing exploration efforts. Additionally, there are updates on notable fundraising activities involving Kenorland investors. The hosts also touch on the ambitions of Calibre Mining, showcasing its impressive pipeline in the gold sector.
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INSIGHT

Pan American Acquires MAG Silver

  • Pan American Silver is acquiring MAG Silver to consolidate ownership of the Juanicipio mine JV interest.
  • This deal will give Pan American approx. 14% new shares, aiming to close in H2 2025.
INSIGHT

Omai Drill Results Expand Deposit

  • Omai Gold Mines announced strong drill results at the Winot deposit outside current pit limits.
  • The company expects to exceed their 15,000 meters drilling forecast with positive exploration results.
INSIGHT

Investor Stakes Retained in Kenorland

  • Kenorland Minerals' investors Sumitomo and Centerra retained their stakes by exercising top-up rights.
  • This issuance totaled 209,000 shares at $1.53 each, raising over $320,000 for the company.
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