Welcome to our dedicated page for STEPPE GOLD news (Ticker: STPGF), a resource for investors and traders seeking the latest updates and insights on STEPPE GOLD stock.
Steppe Gold Limited (STPGF) is Mongolia's premier precious metals company, owning the ATO Gold Mine and 80% of the Uudam Khundii project. The company recently reached financing milestones for the Phase 2 Expansion at the ATO Gold Mine and secured a $150M financing package. With solid progress on the Phase 2 Expansion and recent gold prepay agreements, Steppe Gold is poised for significant growth, aiming to produce over 160,000 ounces of gold equivalent per annum by 2026.
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Steppe Gold Ltd. announces the conversion of debentures and accrued interest into common shares of Aranjin Resources Ltd.
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Steppe Gold Ltd. to present at Emerging Growth Conference
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Steppe Gold Ltd. releases inaugural ESG Report, emphasizing commitment to sustainability and responsible mining practices.
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Steppe Gold announces updated preliminary economic assessment for Tres Cruces Oxide Gold Project in Peru. Indicated resources of 2,474,000 ounces with a grade of 1.65 g/t gold. Construction costs increased by $6 million to $131 million. Operating costs rose 3.6%. After-tax net present value is $158 million with 30.9% IRR. Project economics remain robust with significant upside potential.
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Steppe Gold Limited announces Phase 2 Expansion financing and provides operations update. Q2 production at 6,663 oz of gold and targeting 25-30,000 oz for the full year. Exploration and drilling programs ongoing at ATO with focus on additional oxide zones. Advancing plans for additional license acquisitions in Mongolia. Technical report update underway at Tres Cruces project in Peru.
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FAQ
What is the current stock price of STEPPE GOLD (STPGF)?
The current stock price of STEPPE GOLD (STPGF) is $0.4218 as of December 23, 2024.
What is the market cap of STEPPE GOLD (STPGF)?
The market cap of STEPPE GOLD (STPGF) is approximately 109.9M.
What projects does Steppe Gold Limited own?
Steppe Gold owns the ATO Gold Mine and 80% of the Uudam Khundii project in Mongolia.
What is the company's production goal by 2026?
Steppe Gold aims to produce over 160,000 ounces of gold equivalent per annum by 2026.
What recent agreements has Steppe Gold entered into?
Steppe Gold recently entered into financing agreements for the Phase 2 Expansion at the ATO Gold Mine and gold prepay agreements.
What is Steppe Gold's focus in the near term?
Steppe Gold's focus includes maximizing production and cash flows, completing the Phase 2 Expansion, and planning for the acquisition of Boroo Gold.
How can shareholders stay informed about the company's operations?
Shareholders can access the company's financial results and updates on its website or through SEDAR+.
What are the non-IFRS measures used by Steppe Gold?
Steppe Gold uses Adjusted EBITDA, EBITDA, and AISC as non-IFRS measures to provide additional information to investors in measuring the company's financial performance.
What are the benefits of the Proposed Transaction for Steppe Gold?
The Proposed Transaction is expected to accelerate the company's growth, provide strong cash flow, and support future exploration activities and acquisitions.
When is the Meeting for Shareholders regarding the Proposed Transaction?
The Meeting is scheduled for the end of June 2024, where Shareholders will vote on the Transaction.
What is the focus of Steppe Gold post-closing of the Proposed Transaction?
Post-closing, Steppe Gold's focus will be on maximizing production, executing the Phase 2 Expansion, and integrating Boroo Gold into its operations.
Where can investors find more information about Steppe Gold?
Investors can access the company's website, SEDAR+, or contact the Chairman and CEO, Bataa Tumur-Ochir, or the Investor Relations Manager, Elisa Tagarvaa, for further information.
STEPPE GOLD LIMITED