๐จ Gold Mining Spotlight โ Q3 2025
๐ญ Newmont Corporation: Gold production fell 15% to 1.42M oz, but profits beat expectations thanks to record-high gold prices of $3,539/oz. โ ๏ธ Watch out for potential Q4 cash flow pressures due to water treatment and Newcrest acquisition costs ($17.14B).
๐ช Perseus Mining: Strong Q1 performance across Yaourรฉ, Edikan, & Sissinguรฉ. Focusing on high-margin ops & strategic growth projects. Future looks bright! ๐
๐ฐ Magnetic Resources: Launching a 9-year standalone gold project with 1.02M oz capacity. NPV A$970M, IRR 45% at A$4,000/oz. Secured Native Title Agreement & completed $35M capital raise for drilling & feasibility. ๐