Articles for tag: Coeur, metrics, mining, operating, rise, Rochester, shares, strong

September 15, 2024

Ron Finklestien

mining

An Uphill Climb: Coeur Mining Gains Ground with Strong Operating Metrics at Rochester

As the sun rises on Coeur Mining’s horizon, the company is making steady strides towards its operational targets at the Rochester mine. The goal is ambitious – to churn out 7 to 8 million tonnes per quarter by the second half of 2024, alongside hitting a production mark of 4.8 to 6.6 million oz. of silver and 37,000 to 50,000 oz. of gold for the full year. This triumph has not gone unnoticed in the markets. Coeur Mining’s shares surged by a noteworthy 15.47% by 12:14 a.m. EDT, painting a rosy picture for investors in the company with a market

April 20, 2024

Ron Finklestien

mining

The Golden Surge: Goldman Sachs Predicts $2,700 Gold Price as Uncertainty Reigns

Volatility in Precious Metal Market Gold ended the day with little change, reacting to Fed chair Powell’s cautious stance on rate cuts, causing both Treasury yields and the dollar to surge. The metal, traditionally tied to monetary policy shifts, remains on an upward trajectory despite a challenging landscape. Unprecedented Growth and Surprising Trends With a 16% increase thus far in the year and a rise of over $500 since early October, the current market turmoil has been a catalyst for the precious metal’s exponential growth. The Middle East conflict acted as the tipping point, ushering in a new era of

March 18, 2024

Ron Finklestien

mining

The Sparkling Triumph of Lucapa: A Diamond in the Rough

Shining Brighter: Lucapa’s Ascendance Lucapa’s recent meteoric rise is a testament to the unwavering spirit of exploration and innovation in the mining industry. The company’s fortunes have skyrocketed by a staggering 48% following a substantial surge in resources at their Angola mine. Flawless Evaluation: Unveiling Lucapa’s Treasure Trove An independent assessment by South Africa’s Z Star Mineral Resource Consultants revealed an impressive evaluation of the mine’s resources valued at $1,897 per carat. Despite a modest 5% dip from the previous year, ridden with the rough waters of declining diamond prices, Lucapa stands resilient. Growth Against all Odds: Lucapa’s Triumph With

February 23, 2024

Ron Finklestien

mining

The Glittering Success of Hudbay Minerals in 2023

Record Production Sparks Investor Excitement Hudbay Minerals has emerged as a shining star in the mining industry, with its shares soaring on the back of record-breaking revenue for the year 2023. The company recently revealed its operational results, showcasing an impressive performance that left investors beaming with delight. Operational Prowess Unveiled Highlighting its operational prowess, Hudbay Minerals reported a consolidated copper production of 45,450 tonnes and a record-breaking consolidated gold production of 112,776 ounces in the final quarter. These exceptional numbers were driven by sustained high grades at the Pampacancha deposit in Peru and the Lalor mine in Manitoba, along

February 5, 2024

Ron Finklestien

mining

Cornish Metals shares rise on new drill results from tin project in Cornwall

Cornish Metals Reports Positive Results From Tin Project in Cornwall Significant Tin Intercepts Unveiled The tectonic plates of the financial market jolted today as Cornish Metals Inc. unveiled sensational drill results from its tin project at the South Crofty mine in Cornwall. All six drillholes have intersected the Wide Formation lode structure, echoing the historical tin-bearing structures in the region. The confirmation of the Wide Formation structure over a substantial strike length of 1.6km and a downdip extension of 525m has sent ripples of excitement throughout the industry. Notably, the company reported substantial tin intercepts, such as 1.21m grading 0.87%