MAG Silver Reports 2024 Annual Financial Results

MAG Silver Corp. reported strong financial results for the year ending December 31, 2024, with a net income of $77.8 million, driven by its Juanicipio mine’s performance. The company declared an inaugural dividend of $0.18 per share and achieved silver production of 18.6 million ounces. Key operational highlights include an improved silver recovery rate and strong cash flow from Juanicipio.

United States Antimony Corporation Reports Record Fiscal Year 2024 Results

Revenues for the full year of 2024 increased 72% to $14.9 million, an increase of $6.2 million compared to revenues reported in calendar year 2023 of $8.7 million. Cost of sales decreased 5%, or $567K, during the same period. This in-turn allowed gross profit to increase 204%, or $6.8 million.

GoGold Announces C$75 Million Bought Deal Financing

GoGold Resources Inc. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets under which the Underwriters have agreed to buy on bought deal basis 41,210,000 common shares at a price of C$1.82 per Common Share for gross proceeds of approximately C$75 million.

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